Thanks once again for teaching me to fish. Well today may have been my most successful futures trading day since I began here and the week has been spectacular! It has just seemed so easy when you give us a range and I execute properly. Phil I have been telling you for a while how I feel like I am really understanding you now and thanking you. So thanks again for your help and patience along the way. I have had a few mistakes and losses along the way, but I have had some great wins too and I am now consistently making money trading futures and have even learned to go to sleep while holding a losing position knowing that tomorrow is always another opportunity to win again. Phil/CL-that play made a quick $500 per contract! Took all of 10 minutes! I want to thank you for helping me not just learn a bit about trading, but giving me some confidence and most of all a rewarding "hobby" to look forward to each day. Watching you manage the $25KP has really helped my trading in a big way. Thanks to Phil (again) for the lessons on the art of the roll, selling premium and hanging tight under fire (particularly in the first hour of trading-MADNESS). Cashed out my GS 140 calls for about 35% profit and my AAPL calls for 38% gain. I like the combo of knowing where the major levels are coupled with your approach to getting in. the school i am involved with very good at calling out levels but very little live trading and little help in managing a position going against you. I joined this group last week to take my education to the next level. scaling helped! I think AMZN has an 85 handle tomorrow. thanks Phil boy did they run a squeeze on everyone there. I toally love your analogy by the way: Do you want insurance that you have to pay for, or do you want insurance that pays you?ĪMZN. You have so many of these awesome little tricks in your playbook that it really amazes me. Thanks Phil, I have adjusted my position by getting rid of the IYF puts, and selling the FAZ puts. So, again I give thanks to you and the others of PSW!!
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Now, I am much less so you have taught me more than how to make money and manage risk. Your liberal views opened up my views-being a boot strapper (pulled myself out of a poor background) I was a CONSERVATIVE-cynical of others who weren't as driven. My wallet thanks you as does my peace of mind in trading options, stocks and rarely futures. That opened the gate to Phil's Stock World and "being the house". I am particularly happy and thankful that I clicked on your article in Seeking Alpha a number of years ago. Also to all of the other fellow citizens of Phil's Stock World. Happy Thanksgiving Phil and to your family and associates. I guess they call that the power of education. No drama, no hair pulling, and a great cost saver. Three years on I calmly roll the positions to whatever makes sense. Three years ago, I inevitably made the wrong decisions which cost me a lot of money. Three years, ago when I started my journey on this board I would be freaking out panicking as to what to do, as many of the short calls are ITM, Three years later (today) I look at the screen and serenely process the information. Peace of mind / I have a portfolio mainly consisting of long term long calls, short term short calls and puts, and long term BCS.