Disclaimer: These pages (and especially all charts) are for informational purposes only. Most of the numerical data/calculations ‘should’ be correct. However, YOU make your own decisions as to if you think any comment or data point/chart is correct or not. All comments posted via Disqus (or any other type) by other subscribers or visitors/guests may/may not be agreed with by yours truly.
I (Philip Calrissian) am not a financial advisor as officially endorsed by any national government, corporation, financial/securities regulatory authority in neither the USA, UK, or any part of the world. None of the posts/comments in these pages are intended as trading/investment advice.
I trade mostly in derivatives (stock options). Options are extremely volatile, often moving ten times as much as the main market. For example, a 1% increase in an equity index could move the related index options by 10%. Options are quite literally NOT for the faint hearted, nor for those who are using funds with which they can’t afford to lose.
I will NEVER endorse the use of leverage/debt – via a margin account, for any trader to buy or short-sell stocks/options. I think such a strategy is insane. If you don’t have ‘spare cash’, you shouldn’t be involved in any market, whether short/mid/long term, for investment or speculative purposes. Borrowing to trade has ruined many good traders/investors. Don’t do it!
Dear guest or subscriber, please remember, there is always your dedicated local/national Government, or corporate/independent financial advisor/information provider. Many of which will gladly provide you with ‘information’ or even direct trading/investment ‘advice’. Those same people all saw the 1999/2000 tech bubble and the 2008 collapse wave coming, and they saved many good investors their precious life savings….ohh, that’s right, at least 99% of them didn’t. Perhaps you should give them another chance though? I’m sure they’ll see the next financial collapse wave coming, and tell you for a very sizeable fee. Good luck!
Yours… Philip Calrissian
Page last updated: 25/8/2020