The residential and commercial flooring powerhouse releases its latest earnings on April 27 (a week from Friday), so there's a chance the options action is
about traders positioning themselves well in advance of those numbers, but a look at a daily chart shows some compelling price action unfolding in MHK right now:
Not exact matches
Shortly after Dimon spoke, lawyers for JPMorgan filed papers in Manhattan federal court seeking to dismiss a lawsuit accusing the bank of deceiving shareholders
about Bruno Iksil — the JPMorgan
trader nicknamed the London Whale for the size of his
positions — and the loss that ultimately topped $ 6.2 billion.
Arrive at the desk, talk to the fund manager and head
trader (we sat on a row)
about our
positioning discussions on the previous night
When it became clear earlier bullish bets on oil post-OPEC were
about to cost speculators a lot of money,
traders and their machines took over and engineered bearish
positions to mitigate losses.
One of the main appeals of day trading for all types is that the
trader goes home flat without having to worry
about positions.
In my small unique book «The small stock
trader» I also had more detailed overview of tens of stock trading mistakes (http://thesmallstocktrader.wordpress.com/2012/06/25/stock-day-trading-mistakessinceserrors-that-cause-90-of-stock-traders-lose-money/): • EGO (thinking you are a walking think tank, not accepting and learning from you mistakes, etc.) • Lack of passion and entering into stock trading with unrealistic expectations
about the learning time and performance, without realizing that it often takes 4 - 5 years to learn how it works and that even +50 % annual performance in the long run is very good • Poor self - esteem / self - knowledge • Lack of focus • Not working ward enough and treating your stock trading as a hobby instead of a small business • Lack of knowledge and experience • Trying to imitate others instead of developing your unique stock trading philosophy that suits best to your personality • Listening to others instead of doing your own research • Lack of recordkeeping • Overanalyzing and overcomplicating things (Zen - like simplicity is the key) • Lack of flexibility to adapt to the always / quick - changing stock market • Lack of patience to learn stock trading properly, wait to enter into the
positions and let the winners run (inpatience results in overtrading, which in turn results in high transaction costs) • Lack of stock trading plan that defines your goals, entry / exit points, etc. • Lack of risk management rules on stop losses,
position sizing, leverage, diversification, etc. • Lack of discipline to stick to your stock trading plan and risk management rules • Getting emotional (fear, greed, hope, revenge, regret, bragging, getting overconfident after big wins, sheep - like crowd - following behavior, etc.) • Not knowing and understanding the competition • Not knowing the catalysts that trigger stock price changes • Averaging down (adding to losers instead of adding to winners) • Putting your stock trading capital in 1 - 2 or more than 6 - 7 stocks instead of diversifying into
about 5 stocks • Bottom / top fishing • Not understanding the specifics of short selling • Missing this market / industry / stock connection, the big picture, and only focusing on the specific stocks • Trying to predict the market / economy instead of just listening to it and going against the trend instead of following it
This in turn allows you to evaluate your open
positions from a more neutral and open mindset, triggering a more defensive approach to your trading rather than getting blinded by the potential for reward — that's what being a great
trader is all
about.
It's an options strategy for a
trader who feels slightly bullish
about the underlying stock's
position.
Once attached to the chart, it provides you with detailed information
about trading
positions of other retail
traders.
I believe that if the
trader / investor could cure the fear that is naturally in all of us and trade from the mental
position of NOT CARING how the trade turns out, NOT CARING
about the outcome, NOT CARING
about results.
Traders who have closed their long
positions at
about $ 65 levels had better wait for a new buy setup to form.
This saw a drop - in global market capitalization of
about $ 100 B and as a result, many Western
traders and investors were quick to sell their
positions to make the best returns due to FUD.
So, the
traders should book
about 50 percent profits on their existing
positions, keeping in mind that the cryptocurrency can rally even from the current levels.
«By this time, Japan already cemented its
position as the leading market for bitcoin trading, because a lot of international
traders just didn't feel confident
about Chinese exchanges,» Lizardo said.