/biz/ - Business & Finance

This shit is going to crash so hard in October.

/BTE/

Second fire at that oil plant btw, lifelink III got called out. Watch domestic oil.

>>9105133
yup

>>9105095
bonds have already tipped. look into how bonds react to rising fed rates. the long term ones are the ones that get pushed around the most, thus they are the ones were shorting.

i actually swung some calls on TLT this morning for about 45% gains, then put down some long term puts at the peak. gonna hold for atleast another FED shitpost (which is sometime next week)

i did accidentally my whole power hour gambling money and bought puts on LQD as well as VCLT (which are nearly the same), but fuck it, itll make money

>>9105112
No one cares about stocks. We crypto overlords get our 1000x in a few months instead of 40 years. Go die in a ditch grampas.

moment of truth... holders clenching butt for SWN earnings

Today I’m enjoying my gains with the family. Cheers guys.

>>9105255
that's quite incredible and i've never heard this comment before now. What's a crapto?
does a millionaire really have nothing better to do than not care about stocks?

>>9105255
>We crypto overlords get our 1000x in a few months
You spelled. "lost our 1000x" wrong child. Now stop shitting up our board or i'm not paying for your hormones son.

>>9105255
yeah but yall were too retarded and wide eyed and greedy to pull out at 20k last time. what makes you think this time will be any different?

also what makes you think crypto will go up in spite of a global economic downturn?

Amazon reporting.
If they mention Union Threats it's gonna take the whole market down.

This is your last chance to buy BKS puts... and buy their leatherbound classics I suppose. Good books!

>>9105301
>>9105295
>>9105289
I will screenshot your comments and re post them after 6 months. Maybe then you grampas might actually kill yourself for good.

the golden bull ...

>>9105332
kek
are they done for this time?

>>9105353
lol

>>9105355
They're being murdered by Amazon and Trump might not be able to fuck Amazon in time to save their quarter. All I know is most regulars in this thread agree BKS won't look pretty in the near future. My $4 put for July doubled today.

>>9105351
i got into crypto in 2012, this is the stock thread.
because i'm not poor enough to have to rely on one asset class to make it.
shoo shoo

Whats a good USD tracking meme to watch the relative strength of the dollar? I'm not looking at the currency pairs as much as I used to which was how I would gauge it.

mmmm gib me your gains

>>9105351
Sweetie, you can keep shitposting all you want, just make sure my taco bell order is right after you're done playing with monopoly money.
Also, a daily reminder
https://youtu.be/Fn310KaOxnU

>>9105351
lad, if you think that soros (literally referred to in UK as "the man who broke the bank of england") is taking up a position in rypto to do you ANY favors, youre sorely mistaken.

and you seem to think that many of us dont trade both (or atleast derivatives on it). this isnt an either/or thing. you can very easily do both. now stop shitting up the one thread we have on this waste of a fucking board. go fucking argue with pajeet some more, ya seem frustrated

>>9105396
UUP is what i use, but looking at it on a small timeframe is useless, as its hardly traded

>>9105351
Put me in the screencap.

>>9105396
theres also DXY but my charting software doesnt support because charles is a stubborn faggot

>>9105353
yes Golden Bull LTD would have been a great buy it's up 50% today.

>>9105431
It literally looks exactly like an inverse to GLD.

All green today (except WFC). aaaaahhhhhh

>>9105487
as the prophecy foretold ...

HOLY FUCK!!!!! BUY!!!!!!

>>9105493
Same here, other than the fact i'm getting bogged on my gamestop puts.

>>9105488
lel
dont tell me youve never noticed this.
yes they are opposite each other. thats why i was saying to hedge precious metals, do ITM calls on UUP

>>9105488
calls on UUP are cheaper than the ones on GLD. so thats what im gonna hedge with (atleast i was till i accidentally doubled down on shorting corporate bonds)

how high do you guys think interest rates will go ? the higher the better for the bond shorters.

are you guys buying puts on bonds or just buying the inverest etfs on 20 year notes?

>>9105528
No I have, I mean the value of the dollar usually effects the prices of all commodities. It's just literally like putting a fucking mirror on the bottom of the chart,

>>9105557
yeah if you overlay it its crazy. goes to show that GLD is an extremely good store of value though.

>>9105555
i mean the yield curve already flattened and inverted. thats usually when we start knocking down the rates to fix shit. problem is, that ol janet forgot to do her fucking job and then tossed the keys to jerome and said, "deal with it". now hes in a precarious position where he HAS to raise rates (even though all the signs are showing that now would be the time to start rolling back). even with how weve been hiking rates every, we are still behind FOMC median projection by a good amount. and shit is already starting to hit the fan. you better believe this is gonna be worse than this.

but as to how high exactly rates will go? who knows. ask the FED.

MOVE YOU FUCK

I DON'T EVEN CARE IF YOU GO UP OR DOWN

I NEED MY HONEY

FUCK IT I'M BURNING IT ALL DOWN

>>9105351
Put me in too, I'm up 70% YTD

>>9105555
also
puts on the most expensive bonds ETFs for max gains

just dont forget to hedge. red days in the markets can sometimes cause a lot of bonds to get bought, lowering the yield temporarily, and essentially squeezing you. but make no mistake, with rates at ATLs for years, bonds have absolutely nowhere to go but down

>forgot to buy the dip

>>9105756
i know im bummed. i had a nice $500 i was gonna swing some options with and i accidentally left a limit order on and went to lunch. im retarded

Market MOON'ing again. It's the power hour reversal, but this time, it's going UP!!!!

>>9105756
>he didn't buy the dip

>>9105714
Do you prefer to short leveraged or regular ETFs?

>>9105809
If it is a power hour reversal then it is going straight down.Once again it is failing to break 1hr & 4hr resistance.

>>9105826
the more expensive the underlying, the more likely it will move by a dollar or more. since bonds move so slow (less than .5% a day usually) its better to be in something that will move more than a dollar in the underlying (and like i said, for bonds this only really happens on ETFs worth more than 100/shr), since options pricing is based off of a dollar movement in underlying netting you the delta (amongst other things).

they cost more, but the returns are far greater. i tried doing calls on TMV, but percentage wise baggy kicked my ass, so now im following him

>YFW power hour & you long

>>9105826
TLT for treasuries
LQD for corporate bonds
both have really liquid options markets (like 3 cent spread on TLT, fucking str8 daytradeable) and theyre both above $100/shr. i suppose if things continue this way at some point it will be more profitable to trade options on inverse ones, but not yet

>>9105896
>>9105931
I bought puts on JNK yesterday, what do you think of that ETF? Okay?

>>9105958
itll work just fine as those are high yield bonds that will be crushed, but youre going to get less gains than if you had puts on say LQD. LQD is 115 where JNK is 35. they both are up .3% today as they both track almost the same thing. but .3% on JNK is like 12 cents where as .3% on LQD is 30+cents. so lets say you had 1 put contract of each right ATM (for simplicities sake). then pow pow hikes rates and knocks em all down. both fall by .3% but the returns you will get on the put on JNK will be less than half what you will get out of the LQD ones as the options dont give a fuck about any of that shit, and get priced off of dollar movements in the underlyings.

so while the puts on LQD are much more expensive, you have the potential to make over twice as much on (essentially) the same contract

does that make sense?

>>9105958
also the lower spreads on these more liquid options markets means you will lose less to slippage

>>9106045
Yeah, sounds good! I bailed on 5 of my 6 QD calls because of week hands. Took me down 36% in one week. :(((((( rip. I have hope JNK can help me recover long term

ALT might actually be getting ready to moon, get in while you can.

THANK YOU ZUCK

I have 5k now in my bank from working hard over the past few months. How do I use this to make more money or value to myself?

red dildos right on time

>>9106145
hodl me

>>9106097
yeah if youre going super longterm on the expiry and planning on holding through multiple FED shitposts, it will ultimately pay off, just bear in mind that you could do the same thing and get twice as much with LQD with just a little more purchasing power.

what im doing is longterm (about 200 days out) puts on TLT and LQD, and then on days like today i hedge by buying really short term (like 2-5days out) ITM calls and swinging them.

pretty much doing the same thing on GLD, but with VERY longterm calls to scalp rho. then i can hedge by buying shorterm ITM calls on UUP and flip em when the dollar tops out. rinse, repeat

can you believe there are ACTUALLY people out there who would sell their precious stocks at the beginning of power hour on a rally day like today

>>9106229
kek
even i went long today.
thats fucking saying something

>he fell for the bear meme

>>9106212
>same thing on GLD, but with VERY longterm calls to scalp rho

Is trading using Rho even a thing? I thought its one of the shittest greeks out there. How much would a GLD option change, everything else the same, if the interest rate went up 1%? How "longterm" are you talking here?

>>9105351
You better include me. I'm broke as shit and desperate to get rich and I still won't touch crypto.

>>9106256
>He fell for the golden bull meme
>Golden Bear is angry

>>9106269
its not because rates have been at 0% forever. i did the math. a 638day ATM contract on GLD is about $1000. calculating the rho (which is percent increase per 1% raise in rates (which we will have multiple of before my contract expires or theta becomes an issue)) nets me 10%. the way i see it, its a way to make a longterm bullish move on gold, but also get essentially paid a "coupon" like bonds of $25 per 25pt basis move (sans the part where i buy bonds and just watch my money disappear and am locked in for 10yrs). i was just trying to find a way to replace bonds, since theyre so shit right now.

also, bear in mind that as rates increase, rho becomes larger on ALL contracts (and MORESO on longterm ones). its an experiment, and if were indeed headed for a recession, i definitely want to be holding a couple GLD contracts just in case.

>>9106229
In bear markets you sell rallies

>>9106427
it doesnt seem like much, but getting a bonus everytime the FED hikes rates (which inevitably makes damn near EVERYTHING red) over the next year or so is nothing to sneeze about. and like i said, this position also doubles as a long bullish call (because it IS) on GLD.

and hedging on GLD is easy as you have a bunch of inverse leveraged GLD things, and also you can hedge with shorter term UUP calls.

UUP is actually another one i was thinking of trying as the 600+day contracts are still like a $1, but the rhoyield on the ATM ones is like 18%. since rate hikes make the dollar bullish ANYWAYS, and im getting about 4.3% per 25basis point move, it all adds up.

Yaya!
Good day today!

Successful long!

>>9106537
This morning 4 compared

>>9106537
You're meme lines suck. You didn't even notice the swinging cock and balls there. Never gonna make it.

>>9106517
this is all leaving out the other factors as well, like buying the call on low IV and netting the FUKHUGE vega that these multi year contracts have if the underlying moves

>>9106578
Bitch! Me already covered hanging meat in TA this morning see>
>>9106551

test
are we fucked again? im getting connection errors

I'm having a problem in throwing cash at random small cap chinese companies. I've mostly ditched QD and moved on to YIN. I actually researched YIN and am not playing options, so this probably won't be such a disaster.

>>9106748
Test while I’m at Disneyland.
>mfw all these gains.

>>9106638
Are you actually a girl? Cos everyone knows women can't into biz, you are just going to lose money playing here.

>AMZN selloff into close

I hope you got out of your longs today anons

:)

Strapping in for the wild ride, only 7 minutes left

Time for my gains for the week to either double, or crash

>>9106427
>>9106517
The rho thing was very clever of you
But what about the liquidity of this kind of long term call ?

Sheeeeeeeeeeeeeeiiiiit, the power hour sell off meme is real. Fuck these weak-handed faggots, do they not believe in the golden bull? The golden bull helps all.

>>9106854
shouldnt be too bad. looks like im not the only tard buying 2yr GLD calls.

i AM gonna give this a shot with UUP, and that ones a lot less liquid, so well see

>>9106773
Comfy

FUCK
CHINESE
PUBLIC
COMPANIES

You thought their exit scams in shitcoins were bad ? Their WHOLE stock market is an exit scam.

There is a reason why their market has been underperforming because serious investors have had enough with their shit

>>9106846
here we go lad

Have you ever wanted to invest in a Canadian owned, Mexican operated gold mine?
Well now, you can!
Take a look at ALO. A gold mine with two actual mines! (NAK BTFO)
They have no debt, are undervalued, and have a moderately okay future!
BUY ALO NOW

MFW algos instabuy amazon

Based Amazon just saved the market.

be AMZN
>have 4% gains through the day
>have 7.6% gains in after hours

>>9107002
New all time high time to buy.

>>9106790
Kek hey found the virgin
And you wrong me will prove it!!!!

>Jeff Bezos laughing with his new found billions at President Dotard and his pathetic attempts to shut down the new Amazon Empire

>>9107002
>>9106997
>>9106982
It is going to get dumped like GOOGL

>>9107002
Sometimes, I wonder we bother to find shitty meme or do options
You buy and hold AMZN until the end of time and that's it

>>9106933
This. Do not play with Chinese companies, especially the small-mid caps. It''s basically completely run by insider trading, and you will lose unless you have friends in the right places.

Don't believe me? Take a look at Chinese GDP chart for the last 10 years, and then take a look at their market index. They completely do not match up. Something is clearly amiss.

how unlucky can we possibly get that somehow companies are now mooning like rocketships off earnings after 3 months of extreme volatility and breakeven from the indices

>TFW you're in the red for the day
>TFW you had enough money to buy AMZN
>TFW you see AMZN have over 10% growth
it hurts anons ;_;

GODDAMN MSFT

BASED BEZOS

I'm finally up to January levels again

(Side note, my (1) msft is crashing, but BASED AMZN is more than making up for it)

>>9107073
FUCKING BILLY G

>>9107086
Show all time

>>9107116
Show me yours ;)

>>9107040
In China, people only care about money and "face". Added value, morality, honor or dignity, those are for the weaks.
If you are a small company, you do an IPO just to get investors' money and wait for death while eating toxic rice, gutter oil and fake eggs

If you are a big and somehow profitable, you must bend to the will of the commies and do their biddings.
Just look at all the VC crap of JD.com, Tencent or Alibaba.
It is mostly bailing out failing companies.
And whenever they back up an IPO, you can be sure they have majority ownership in them and want to cash out, after swapping all their toxic assets into the balance sheet of the IPOing company.

Fuck the chinks.

>>9107138
fuck my shit up anon

>>9107181
>$1488
your account is telling you to leave the stockmarket and pursue a career in white nationalism

>>9107220
at this point, considering it

>>9107220
we all start from somewhere why would you be so negative towards somebody pursuing financial independence

>>9107033
If evens, Amazon crashes
If odds, it goes higher

>>9106933
>>9107040
PANIC SELLING TOMORROW MORNING

>>9107259
Sometimes, there are things more important than money
Like the eradication of the chinks

>>9107271
But it was opposite for your FB one. What it mean?!?!

>>9107271
I do think we see chink companies IPOing in the USA just to get dem gweilo dollahs

Trump is absolutely right on puttint barriers on chinese investments in the US

What time is the conference call with amazon, that will be the determining factor.

>>9107181
>he lost $21
bitch please I'm down like 3k on GE.

>>9107243
put it all in on NRZ tomorrow for the div dip. they should be bullish in a rising rate environment and their div yield is 12%. then just sit on it and in the meantime, papertrade alongside all of us. by next quarter you should be up, and with a nice div, and hopefully better equipped with the skills to trade too

>>9107259
i was obviously joking you fucking mong

>>9107285
I dunno yo, we should just mate with their women and accept that our children and children's children are going to be chinks.

>>9107314
Did you watch China hustle too?

>>9107308
ALWAYS INVERSE MY ROLLS
FACEBOOK TO THE CENTER OF THE EARTH
DUBS CONFIRM

>Microsoft beats top and bottom
>Tanks
Thanks rational market. Good thing I also bought Intel and Amazon.

>be AMZN
>have a projection of $1.24 be at $3.27

https://www.thestreet.com/investing/stocks/amazon-first-quarter-earnings-live-blog-14570538

>>9107353
Nah
I watched the financial statements of their public companies

>>9107181
I'll give ya some advice:
Don't trade, just invest

Pic related, My all time gains ( and first time I bought Amazon it was $989.97 a share, I've fucked that up trying to buy and sell it same day a few times this past month)
My BA is worth 115% of what I bought it for

I used to chase memes like CERU and GEVO, but all I did was lose money
Ever since I started buying bluechips, I've been green for months

>>9107401
Googles went from like 3 to 11 EPS and it tanked. Had something to do with the SEC forcing them to report stuff this round. I wonder if its the same here.

>>9107407
are you buying this stuff to truly hold for a year-decade etc? it is probably the best idea for all of us, your right, just so hard to sit there and watch shit tank when you own it, but the alternative is trying to buy in again at a lower price than selling off which is basically impossible for everybody but the GOATs...

>>9107415
Google is a good example about the importance of leadership
AMZN is still managed by its founder whereas GOOG chose a pajeet.

The last I read GOOG 10-K, they have been struggling of generating value. Their growth was mainly due to the quantity of clicks sold in detriment of the margins.

>>9107407
>invest
>with $4k
Take some risks with your pocket change.

>>9107181
Ganbatte

>>9107490
the opposite. someone with $4k cant afford to take large risks yet. once you have $100k, you can make risky bets with $4k and keep the rest in something safe.

>>9107344
chinese women are pretty gross looking desu

theres a few standouts, but theyre the exception

>>9107490
Keeping positions 1-5% is really good habit to have.

>>9107407
>>9107463
This guy speaks the truth. Day trading is a meme propagated to retailers to get them to loose money. Swing trading and position trading is the way to go. I still gamble on blue chip earnings though. Once I stopped trying to be the hare with Penny stocks and became the blue Chip tortoise, I started to consistently make money.

>>9107537
>implying settling for someone other than a stand out is an option.

>>9107490
I didn't start with 3k
>>9107463
Holding it until it starts dropping
May cash some out soon to help me move out if I can't get a new job soon
And if my truck ever dies I'll probably need to pull 1k or so out to get a new vehicle

I did withdraw $500 this December, as a loan to myself, so I could buy Christmas gifts, but I deposited $500 back in by mid January

>>9107554
how do you consider day trading different than swing trading? i do some 'swing' i think, i trade purely off the TA and what high probability stuff there is to find off the charts, mostly forex, been profitable so far.....i should probably just buy and hold though

>>9107572
Good stuff anon keep up the good work.

>>9107572
nice job man I am proud of you

thankfully robinhood doesnt have any deposit fees apparently, looks like your putting stuff on every week after payday or something?

>>9107596
>>9107609
>>9107572
we are all gonna make it

>>9107574
Imo, if you can spend your day or devote time to monitor the technicals, you can invest AND do swing trade. (eg. taking profits after a run-up then looking to re-enter)

>>9107640
yep thats about what i try to do

i know people here mostly roast TA as a meme, but at high frequenecies it DOES work, i just have to keep learning patience and wait for good entry positions and not FOMO into shit

>>9107572
Oh I see. I take back what I said then, if you are financially in a rough place then don't take big gambles with your savings.

I hope you make it bro.

>>9107609
when I wasnt in school, and got 40 hours a week at work
but I havnt added anything to it in over a year (besides the loan in december), because working for 10 cents above minimum wage, and getting shit hours now, so currently living paycheck to paycheck

I cant wait for my sweet juicy $2000 tax return to come in the mail any day now tho, still havnt decided what to do with that

>>9107679

>>9107669
I used to be a pure FA fag
But now I use TA to find entry points for stocks I like and learn when to take profits.

>>9107669
TA is far from a meme. if i was just guessing id only win half my trades on average. i cant say for sure without looking, but i definitely win more than half (my problem is that ill cut my winners too short to "play it safe", but then when im getting fucked i still have the bad habit to ignore risk management and just HODL like a goddamned fool)

>>9107712
thats the other thing. the confidence that it gives you with entries and exits is no meme at all. if youre more confidant in your trades, you WILL win more

>>9107338
My paycheck comes in tonight, I may do this.

>>9107712
Best strat right here.
>>9107669
The thing you have to remember about TA and trading is NOBODY gets it right 100% of the time. But if your underlying company is fundamentally sound, then it doesn't matter if your TA was wrong and you took a long position at a wrong time, because it will always go back up after a while.

And if your TA was right, well enjoy an instantaneous 2-3% gainz.

>>9107086
how does bezos do it?

>>9107748
>>9107712
boys thanks for the basically encouragement

i can only trade about 20~ stocks on leverage using BTC at the site I use, so i dont alway shave too many positions open, its so tough sitting there feeling like your 'wasting' a day when you dont make any moves but the alternative is making bad moves and getting roasted and straight up losing money, its just a tough balance

once i've done this for more than a month in a ridiculous up and down market like this it seems like finding entry points and waiting until your told to exit the trade will be much easier, like if you look at Amazon the past 18 months or so its been a buy over and over and never a sell until like a month ago, huge gains if your reentering on leverage using past profits each time the chart says to do so

cant wait for the rest of this year and what profit I can earn

>>9107337
I lost 40k by HODLing a shit stock

>>9107761
right? 12% yield is better than nothing, and like i said, an ETF holding residential mortgages will benefit GREATLY from rising rates, so itll probably be better than that.

i got like 60% of my account tied up in hi yield REITs, about 20% in super longterm options, and the rest to hedge and daytrade. my own ghetto rigged version of the 60/40memefolio where i dont have to hold shitty bonds for 10 fuckin years

>>9107812
Which stock anon?

>TFW sold my call before close thinking there would be a sell off again
ree

>>9107849
i dont want to talk about it
and it wasnt like a "oh my god it tanked 40% yesterday" it was a "oh its down a little, I'll hodl till it goes back up, oh its down a little more but probably on its way up soon, ok maybe one more earnings report darn down again, ok for real last earnings report aaaand it tanked another 10%"

>>9107812
I would have sold if I didn't think they will recover, and I still believe they will.

I won't post my entire reasoning because it's long, but in essence I believe most of the bad shit have already been priced in at this point. GE will trade flat for a period of time until the macro market improves and it will recover its former glory.

>>9107704
Can't I just use the money from a home equity loan to buy option contracts of TVIX corp? This flow chart seems like something a normie would do.

>>9107807
i will say that TA does become pretty useless in really highly controlled markets (ie crypto, and oil to a lesser degree) unless you zoom out a ton. the day to day noise on things like this is almost entirely artificial, and you can only make accurate TA calls if you zoom out

>>9107181
>There are people who actually cry about being down $21

>>9107891
yes goy go deep into debt to finance a coin flip investment I'll give you a fair intrest rate hehehehe

>>9107902
i only do my TA moves off the daily for the most part, with ontributions from the 4 hourly for entry points within a couple days period

and yeah I wish i had enough money to also trade crypto, TA on a macro scale seems to work REALLY well there, like EMA golden crosses are like immediate 100% moons, but i just dont have enough money to spread out too far

So, now AMZN is done, which companies should we wait for next earnings call?

>>9107877
its crazy the kind of stuff you can talk yourself into just to avoid selling and realizing the loss. i had this habit BAD when i started, and im still working on it

Who here /fuckingkilledit/ today?
I'm up 4.34%

>>9107936
this was during the trump bull market too. such a waste. learned my lesson then

>>9107941
down 8% bond yields fuckin' tanked bro.

>>9107921
That's how you always spot the newfags. They don't realize that losses aren't supposed to be a joke to complain about. The people who lose big time end up in rehab, see Bagholder.

>>9107941
15%
Thanks to daddy Zuck, though I was down 8% yesterday

>>9107936
>Happened to me when NAK took it's dive when Trump announced import tax on raw materials
>Happened to me recently on trump saying oil prices are too high

Bears on suicide watch.

>>9107941
down 1.83%, but hey, up 0.06% in after hours

>>9107936
Sunken loss fallacy is a bitch. I kept doing the same shit to CRISPR too

>>9108039
How did you make a loss on CRSP? It's literally floating near ath right now?

>>9107941
Up 8% but pussied out on Intel so could've locked in 14%. Who knew it'd moon.

>>9108055
>Fell for the bear market meme and sold when it was 15% down instead of setting stop losses

>>9107991
Yeah but that post rehab relapse is the best fucking part.

>>9107877
Tell me about it
REGN bagholder here
I was a noob and FOMO'd when their Dupixent was thought to be a blockbuster
It ended up being not as good.
But REGN is a good company, it didn't nuffin and is now undervalued.

>>9107932
>TA on a macro scale seems to work REALLY well there
yeah its because almost ALL of the volume is traded by relatively simple algos that all use those indicators. if youre trading manually ur a skrub (but wheres the fun in that?).

>i only do my TA moves off the daily for the most part, with contributions from the 4 hourly for entry points within a couple days period
ALWAYS check your TA on multiple timeframes (ideally side by side). i used to not do it, but now im making like twice as many good trades so its helping. check pic related, its my new setup ive been trying this week. i started using the itchy clouds a couple weeks ago and learned about point and figure literally this weekend.

i got weekly, daily, 15min (thinking of changing this to 2-4hrs as i havent been using the 15min as much), and 5min. gives me where and when its trending. the itchy gives me buy and sell triggers, i got volume on the 5min to see if things are getting wild, and then i got a little point and figure chart to filter out noise on ugly charts (like commodities). its also helpful for quickly determining options strikes. and then if i need a better look i an maximize any of them

do your own thing and figure out which indicators work best for you and set up something you an glance at and see all timeframes. itll help keep your emotions at bay

>>9107936
>>9107972
I do that too

I was only positive overall for like 3 days for the first 6 months, down$20 for about half the time
I gained 10% on election day, doubled my starting money by New year's (to a grand total of $1200 overall), then starting adding money into my account

And ever since I got Amazon last summer I've been a kind of consistent +35% from starting money

I have no confidence in TA for myself, really need to spend a good day or two studying it


Unrelated note, but whatever happened to metallord?

>>9107991
>>9108097
What's the story on bagholder? How much did he lose and on what?

>>9108095
Funnily all my experience with stop losses have been bad. They always get fished out by the market, then it recovers. I've learned to not set stop losses anymore. I don't really mind too much since the size of my positions aren't usually large and my loss is always limited since I don't leverage and don't trade options.

>>9108137
AMZN is the most amazing stock its a shame poorfags cant afford it

>>9108168
Do CFD

>>9108168
Maybe they'll do a stock split like GOOG and GOOGL.

>>9108165
bagholder has always been a bit idiotic with options a volatility trades but for about a month he got a winning streak and completely went off the rails. one day he posted 'I'm going to make riskier and risker bets until I'm driving a lambo.'

the rest is history

>>9108199
but hey, it didnt kill him and he seems to be doing a lot better lately. it seems all of us are leveling up in some way or another. this market has been fucking wild

>>9108199
How long ago was this?
>>9108214
How long will it stay like this though?

>>9108214
word baggy seems much healthier i heard he's quitting drugs im proud of him

>>9108189
That day will be amazing. Imagine in the week it splits the price inflates from all the normies buying in.

>>9108168
320 PE

This is literally the top for the market. Look at the other earnings & following dumps of big companies

>>9108237
i've been thinking amzn is at its peak for years now
bezos keeps proving me wrong

Oh fuck off Amazon

>>9108256
aaaaaand it's back

>>9108256
That's literally the (((Market Makers))). You can see the same thing on the Intel chart.

>>9108278
Literally the same thing that happened to F yesterday.

>>9108256
BART'd

>>9108165
I lost 25K YTD. Mostly from moves a moron wouldn't make because I was trading while shit faced. Had I just stuck with the original plan and shorted bonds from January probably would be in lambo land, but I had to get up brush off the dirt and start over. Haven't had a drink in a week though so there's that. Did I learn anything? Probably not, but that's ok.

>>9108237
Here is my trip so you can shit on me when I'm wronf

>>9108278
Who is selling it at a discount and why?

>>9108256
>>9108278
robinhood's charts are wonky

>>9108256
>>9108278
goddamn. so how many companies have beat spectacular earnings at this point and then tanked? its certainly most of them. id wager like 80% of major companies who beat, gave it all right back

>>9108317
oh nvm didnt see it bounced back again
im retard

Looks like that was just a bulk sell order messing with the candle

>>9108304
Ouch. Hope you at least learned not to trade while drunk or under influence of whatever else the shit you were doing at the time. Keeping a cool head is important, even when not under influence it's too easy to trade on emotions, that's how people FOMO or panic sell lose out.

>>9108256
>>9108278

This happened yesterday on FB, as some anon corrected me it's just the market makers or some shit fixing the price not an order

>>9108332
wait to say that until close tomorrow.

>>9108310
its just cause its a line chart.
ToS looks the same, but in candlestick form.

>>9108365
The volume right now means that this is not messing with the spread and liquidity and is reflecting the price for tomorrow more or less.

>>9108359
The only thing I learned was that I'm only normal when I'm inebriated and when I'm sober I'm fucked up. So I can stay fucked up 24/7 and never have to return to normal.

Senpais what are your opinions on buying options in stocks with low volume? I've been following $EXPO after I interviewed with them and it looks like since it's so under the radar it doesn't get hit by the bear and just keep rising. But they only have a volume of <50k daily.

>>9108451
Take a month break from /hooch/,
It gets better with time/ exercise/ good eating.

>>9108481
Nah if I touch the sauce again, I'll immediately return to normal.

Hopefully these bond yields increase overnight again. I think all the foreign indexes cashing out the past couple days may have poured into US treasuries after that frog McCroan talked at congress. That's the only logical conclusion I can draw from the situation. Lets go Vegas baby! See ya tomorrow.

>>9108519
I believe in you bagholder. We can find a point in this pointlessness together without the booze (and with caffeine instead)

>>9108470
seems to be a solid investment, dividend is a plus as well, I'd probably get some after summer's over

>>9108470
60 cent spread ATM, >1 dollar spreads ITM, barely any open interest <15 ATM strikes.
You might get screwed trying to close if the move your expecting isn't big enough even if you're right directionally unless you plan to exercise.

>>9108470
if its not a liquid options market, DONT DO IT. youll get trapped, or raped by a fuck huge spread. be careful and check volume and open interest. if there is none, dont do it

>>9108405
Why does that reflect the price for tomorrow?

>>9108654
How fucked am I senpai?

>>9108654
>>9108643
I see. But the spread won't matter if I sell in the middle right? That makes sense - I guess I won't try to make large moves in the future. I was hoping to move quite a bit per week in the future but I noticed there were only about 300 asks and 100 bids.

teh profit, you sure it's bad even if the stock is only trending upwards?

>>9108116
sorry sir was afk but yeah i use the ichi cloud, its such a default now that when i turn it off the chart just looks barren....its got to be the best indiciator out there, besides that i got stoch pop, EMAs on occasion I turn on, and thats about it. Simple seems to do the trick, i follow the ichi cloud signals as best I can so far and if im just PATIENT it seems to pay off.

>>9108725
TA says you have a pretty decent change of being fucked. This is their first green month in ages, and are in an upward trned for 1d & 1wk.

>>9108729
>But the spread won't matter if I sell in the middle right?
That's the reason why its so bad the mid price is half of the spread.
Lets say if you buy right now at the 85 strike and it goes up to 100 its going to be deep ITM.
Right now the deep ITM calls have a 5 dollar spread. Your going to lose 2.50 (250 dollars) per option contract at the mid price.
And because the volume on options is so low you probably won't get filled at the mid price and will be forced to sell at the bid price losing the whole
5 dollars (500 dollars) per contract.

>>9108725
you might be. spam orders on it and see what you can come up with.

on the bright side you got a lot of time

>>9108729
what he said >>9108815

>>9108725
BKS will never even come close to sniffing $8, you'll be fine.

>>9108725
I reckon that chart is showing signs of reversal and says you're gonna get fucked.

>>9108863
i agree, but he probably wont be able to off it till they turn around

>>9108725
This is was fucked looks like anon

Did they fuck up the intel CC or something why is it tanking?

>>9108820
>>9108788

B-but.. my TA says it's overbought and rising on low vol... am I retarded? If I am I will sell at a loss tomorrow, no need to hold a losing trade

>>9108914
everything tanks on earnings now.
its one of the main reasons i think that were at the end of a speculative bubble. we got literally some of the biggest corporations in the world acting like OTC stocks and selling off on the news

>>9108927
re read what bear said. its gonna be very hard to get rid of a deep ITM put when its going up for the first time in months

Wew, I take back what I said about msft in the AH.

>>9108833
>>9108815
Damn I thought I was a genius finding this little goldmine. I've only taken 40% profits from it so far so I got really confident and threw a good chunk on some more contracts. I'm too much of a pussy to bank on the tech stocks in this market right now since they're so volatile, but I still feel mostly bullish.

Alright how about this strategy. I'm making some bullish speculations that this stock will keep mooning for weeks to come. It's currently trading at $86.80, so I'm buying a bit OTM at $90. Once it hits 90$ I can expect to sell the contract to someone else with fairly low spread (0.50 cents in a $4.00 contract) and take large profits. Is this a naive way of approaching options? Thanks sandpais

>>9108965
its not naive. its the most leverage you can get really. it is however, statistically unlikely that you will succeed. post greeks

>>9109007
Same anon but on my phone. I initially cared about getting a contract with > 0.5 delta and < 0.03 theta but with the way I plan to trade these contracts they don't seem like it would matter?

Also I guess I still don't fully understand the delta - I'm definitely getting more than 30 cents a contract every dollar the stock rises so how does that make sense?

>why isn’t GCAP moving

>>9109061
imo learning the greeks is overrated.
look at options that are expiring friday to get a sense of what options *could* be worth.

then look at how fast the price would have to rise to be X dollars above the strike.
wait for a few red days, then buy a call 3 months out. obv, it has to go above your strike, not just make it to the strike to be valuable at expiry

the greeks are just numerical representations of all these ideas you should already understand natively

As a Retail Trader, I'm feeling some fomo.

>>9105466
leopard kittens were bred by man, incredible what we can do

>>9109135
That means it's gonna stop going up :(

>>9109007
Profit did you track SPY movements today? Either I was completely off today, or the market is being extremely funky and volatile. I found that trend indicators were ignored and reversals occurred without any indication. So either I went brain dead today or the market is about to dump hard tomorrow.

Thoughts on a AMZN selloff? Seems like we have hit a top.

>>9109164
only if he buys in

>>9109127
couldnt disagree more. if you dont know greeks/how options are priced, you shouldnt trade options. thats like flying blind

>>9109061
delta is what the price will move if the underlying moves $1 AND nothing else changes. theres also volatility, theta, people buying and selling messing with the spread etc. options have a lot going on. learn more about the greeks before you trade too much options.

when im OTM 30-40 is my sweet spot. ill look for contracts that are really cheap (like the silver ones i flip all the time), and ride it for half a dollar to a dollar of the underlying. gives me good leverage with small positions, and if you time it right on reversals, its pretty reliable (especially on predictably moving things like SLV)

as far as i can tell those look fine. spreads not bad, the volume sux, but thats not a huge deal as atleast theres open interest. delta is on the lower end with what i personally would trade, but youre really bullish on it, so i wouldve done a similar thing probably (though i wouldve given more time for such a far OTM contract). youll start to feel that theta pretty soon, so lets hope it tears up to 90 real quick

>>9105112
>TFW I market bought 30 SOXL at 3:57

>>9107941
Eh, could be better.

I still have a Sharpe ratio of fucking NEGATIVE 0.4!

I’ve lost so much money bros I’m literally on the verge of tears

>>9109202
i did all right with my indicators, but i did notice some weirdness going on. i did mostly long trades today on it, but i was spooked the whole time because the volume seemed disinterested. my 15min itchy cloud is giving me sell signals into tomorrow. well have to see how AH stacks up

>>9109256
>if you dont know greeks/how options are priced, you shouldnt trade options. thats like flying blind

There's a lot of truth to this. Bonus points for working through the mathematical derivations if you really want to understand the greeks and what they represent.

>>9109323
the maths was what drove me to them in the first place. i hated calc because it was mostly irrelevant to everything other than physics. but since i have a pretty thorough and visual understanding of how derivatives (in mathematics) work, i can apply it in a way thats interesting AND profitable.

seriously if my calc teacher just told me i could make 100% trades with calculus, i wouldve handed in my HW

>>9109256
Cool thanks prophet. I'll learn some more about the Greeks myself before I try some more riskier options. Just needed to ensure I wasn't making a foolish interpretation

>>9109302
I lost 40% this week bro, feel your pain :(

>>9109302
Just stay in the fight best you can. Don't lose everything.

Who else /AMD_puts/ here?

>>9109302
i feel ya man. i was doing great at first. then lost about 30% of my portfolio trying to figure out what was going wrong in feb. then just recently had to take even MORE out to pay for my fucking life and taxes and other garbage and am now back below fucking 10k. AGAIN. everytime i make decent headway its "oh btw you owe $XXXX for some bullshit medical bill", and "this much in backtaxes" (i dont, but how the fuck to convince the IRS of this, idk). i fucking HATE this shit (especially the having to take money out to pay for all this fucking garbage that i thought i was done with). one step forward and two steps back (and i was SO CLOSE to getting my margins back), but im not LIQ'd, and im making much better trades now (and getting fucking handy with the leverage).

its about learning from your mistakes.

>>9109508
and its also about avoiding hospitals at all costs if you have no insurance.

thats the main takeaway
give a fake name, club the nurse over the head, steal her clothes and get outta there. just whatever you do, dont let them find out who you are

>>9109302
>>9109508
Be on the other side of the trade and go long TVIX

>>9109618
This is a good meme

>>9109618
i heard UVXY was thinking of buying TVIX out. makes sense as theyre practically the same company. UVXYs management is way better desu

>>9108965
If you paid 1.30 on each contract your down 35 dollars already on top of losing the 25 dollars you're expecting the future to sell at mid or the entire 50 dollars of the spread.
That's 60-85 dollars on each contract above the premium you paid on the option that you have to make up to break even.

Right now EXPO is expecting a to be within 5 dollars in either direction so being at 91 dollars is right at the edge of 1 std. deviation.
Many believe IV is historically overstated meaning that at expiration you probably won't hit 91 dollars.
Also count in the theta at minimum losing 100 dollars to decay by expiry this is without counting theta increasing the closer it gets to expiration.

To make money on $EXPO being bullish I would have just bought the stock. Then think about leveraging through options towards next earnings in July.
To make money on this $EXPO would have to release some amazing press release about a big client they won or impressive study cause you just bought at its ATH
and they released their earnings last week.

>>9109537
you need to buy health insurance anon

>>9109651
One of these days some newfag is going to come in and believe the memes drop 10k into TVIX and CARV, and both will moon randomly and the newfag will make bank while we sit here shaking our heads. It would be the most /smg/ thing to happen.

>>9109495
I made 40% on a AMD put play today

>>9109651
interesting

>>9107073
>>9107098
Wait we did it based billy g.

>>9109718
we can only wish

>>9109701
kek
you dont understand how impossible that is for me. im a fucking musician. its been decided moons ago that i will never have insurance (though ive been looking and found some pretty dirt cheap ones, but the coverage is so shite its not even worth it). but this was years ago. at the very least, they let me call a friend for a ride to the hospital (walked away from the most hideous car wreck youd ever see. my buddy was driving my car and we got sideswiped by a semitruck and it ripped the whole front of my car off. good thing i didnt have collision either lol. fuck insurance and life).

was in such hysterics that i was still alive that i fucked up and gave em my real name and told them i had no insurance. they told me i had a concussion and did a bunch of tests (and since i hadnt been to a doc in about 15 years) gave me a bunch of shots. i wasnt fucking thinking as i was in literal shock, and they honestly took advantage of me. tried to dodge the bill for years and it caught up with me

>>9109808
anon you need car insurance too one time these homeless guys ran in front of my car going 10 miles per hour in a residential zone and i hit them of course and they went to the hospital and raked in seriously $100,000 of hospital bills each and since I was at fault I was on the hook but my insurance company picked up the tap

health insurance same story an unlucky accident or unexpected disease and you could be the one getting the $100,000 bill you cant dodge collectors forever

>>9109689
Where are you getting the $35 from? Also can't I just sell it above the strike price? Say I bought the contracts for 1.10 each, then it spikes to 2.00 each the next week - I can just take the profits. What's IV?


EXPO, despite beating earnings, did not respond in any way that day so I wouldn't want to wait until the next earnings. I'm also low on buying power and I'm just hoping to make some smart risky high yield moves right now so I don't want to buy the stock.

>>9109651
>>9109718
>>9109737
So is the TVIX UVXY thing actually a joke or are they decent companies?

>>9109905
i know man. i was a stupid irresponsible kid. and i still am in a lot of ways. but lesson fucking learned.

its just the way my employment works, its hard to agree to something set like that. theres no fucking continuity to it, its hit or miss. sometimes your in a van for months and one day you drive to some rinky dink bar, a thousand miles aways from home, and then some fat fuck will hand you and 4 other dudes like 200 bucks. or ill teach a lesson for some kid and hell be short and fucking ghost on me. or the national endowment for the arts will slash all the nearby schools art/music funding and a regular pit orchestra gig ive had for like 8 years will evaporate.

on the bright side its made me quite handy with money in tight spots

>you cant dodge collectors forever
no. but i can try kek

>>9109905
Can't dodge collectors at all honestly. They will call you all day, everyday. If you ignore that they will send settlement offers, if you ignore that they will send a court order, if you ignore that they will garnish your wages, if you ignore that they come after your tax returns. Best thing to do is make the choice of bankruptcy or pay it off asap. No point in waiting around.

>>9109734
I made a cool profit off of an $11 call.

>>9110018
They're amazing. I'd go 100% into NVCN or AKER right now too they're about to get bought out anytime soon. Great fundamentals etc etc

>>9110018
I wish this was real, and not bait.

>>9110046
or...
M E X I C O
E
X
I
C
O

or perhaps somewhere without extradition

>>9110064
>NVCN
>AKER
Something's fishy

>>9110081
That or just do what the illegals do and steal someone identity and social security number.

>>9110038
You're going to get fucked when you try to profit take man

>>9109999

>no. but i can try kek
Don't bother trying to dodge debt has ruined 10 years and going strong of my life. They will win, you will lose. You are going to pay back every cent plus court costs.

>>9110108
nah its dealt with. unfortunately. and im back the fuck under ten k. AGAIN. thank god i wasnt concussed enough to refuse letting them keep me there for longer than an hour. those quacks were going right for my wallet. i couldve ended up like anons homeless friend and cost myself six figures. i got off easy. lesson learned. if you get in a car wreck and you have no insurance (car or health), RUN

>>9110106
you got a guy?

>>9110167
>you got a guy?
I fucking wish anon

>sold some of my calls in AMD before the earning call.
>it went up dramatically

Boy am I glad I kept some of those calls and all my stocks.

Feel pretty good right now.

>>9110220
Sold my call when it was at 11.04 this morning. Made a little bit of money.

>>9110136
i know im just trying to be lighthearted. what happened to me was a slap on the wrist, and its fortunately (except for my brokerage account) dealt with. ive seen more than my fair share of people whove been literally crushed by this kind of shit. thank god im not one of the retards who decided to go to college and then be like "lol screw this imma be a rockstar". i know a couple kids that are literally in 100k in
(student) debt (lawd have mercy) and dont even have an education. just the bill. theyre great at music, and legitimately put forth the effort to make it their job. but every cent they ever make will be taken from them forever, and theres nothing they can do about it

Weed gonna moon extra double hard tomorrow I swear to god something has got to give. Yesterday thought I bought the absolute bottom. There are only 30 trading days left until canada senate passes the bill. But no. Down it went today.

>>9107865
>le 56% face

>>9110255
Oh I feel ya, I can't get a car or a place to live other than my parents because my credit is so bad, however, I am way more happy than my married successful friends, they are all fucking miserable.

>TFW no-one actually read the AMZN earnings report

Shit is going to come crashing down.

>>9110371

>>9110352
cant win.
i make fucking pennies and bust my ass trying to make money doing the shit i love for profit. but i ENJOY going to "work" (hard to call it that, but it definitely is). every single other person i know, from the educated and trained, to the hopeless and illiterate, hates their job. they get paid more than me, but they trade their precious little time for a meager wage, and a hollow feeling. i dont feel that way about what id do at all. ive danced that dance before and i literally cannot

>>9110371
>>9110384
whats up with it?

>>9110371
How so? The only noteworthy thing I picked up from it was that they increased their spending, but everything else was pretty green. Do you see something else?

>>9109508
>medical bill
*laughs in european*

>>9110452
I'm a part time janitor at a police station and I've never been happier. I graduate with my associates next fall, which unfortunately will put me another 20k in debt. But since I've hit rock bottom, things only get better. Things will pan out anon. Just set your expectations super low so you're never disappointed, that's what I do.

>>9110509
i mean you pay it in taxes
no diffrence really

>>9110509
Lower taxes that more than offset the price of my insurance which incidentally gets me better care.

>>9110532
At least they can't go fucking bankrupt from medical bills. Our healthcare in this country is a fucking embarrassment, there is no way to sugar coat it.

>>9110554
it is illegal not to have medical insurance
you cant go bankrupt from medical bills if you have insurance

if you cant afford medical insurance, the government will subsidize you

>>9110585
The mandate for having insurance was repealed, hence why the ACA is going to collapse. If you're black enough or a single mother, yes you will get Medicaid, which is complete trash mind you.

>>9110613
the rest of my post still stands:

it is idiotic not to have medical insurance
you cant go bankrupt from medical bills if you have insurance

if you cant afford medical insurance, the government will subsidize you

>>9110487
>>9110499
Decrease in growth. It looks like they hit the top last year for AWS & e-commerce sales. It seems like these numbers are pumped up by the Whole Foods acquisition. Negative cash flow is quite concerning for a company that can hardly turn a profit. I think that their primary business, e-commerce, is declining.

>>9110625
That is true but that's generally not where people are hit the hardest. The people getting fucked are the ones that make enough money to not get Medicaid, but don't make enough to get a plan with a decent deductable. Basically, insurance plans cover you to go to a PCP for free (most useless "doctors" on the planet), and the rest of your $500 month plan is for catastrophic tragedies. It's the most shameful racket this country has ever allowed. However, that is really the only complaint I have about this country.

Not related to healthcare, but what are your feelings on buying puts on AMD?

>>9111004
Fak so close to trips.

THE FATTY GOT OUT OF BEST KOREA

Bullish tomorrow?

>>9110278
I thought weed would plummet upon legalization because the market would quickly become saturated with startups.

>>9111026
>THE FATTY GOT OUT OF BEST KOREA
?

So lads, the time has come. It’s time to short chipotle...

>>9111049
https://www.youtube.com/watch?v=Ga3maNZ0x0w

>>9111080
The time has come

>>9110696
>the ones that make enough money to not get Medicaid
bingo
same thing that screwed me out of even trying to go to school. parents made too much, but nowhere near enough. i knew enough about how debt worked to tell my school counselors to fuck right off.

>Basically, insurance plans cover you to go to a PCP for free (most useless "doctors" on the planet), and the rest of your $500 month plan is for catastrophic tragedies. It's the most shameful racket this country has ever allowed.
lol you basically read off one of the shitty plans i was just thumbing through. its fucking garbage

>>9110647
that settles it. red day tomorrow after the papa bears decide the baby bulls have had enough fun for the day. knew volume seemed off today. never felt so shaky going long on the SPY. it had nothing behind it

>>9111066
>dubs
>literal shit covered restaurant chain noone likes up 24% on the day
ok
you think itll fall tomorrow? those cheap 2 day deep OTM options look tasty as fuck. might take a couple or... TEN

>>9105351
Come on nigger we all own some crypto here but this is a stock thread, now fuckoff

>>9111304
I was sweating more today during my swing trading when I was swapping to long then when I was short. SPY had multiple occasions of weak sideways movement when it was trying to break resistance. On Amazon as well, it is certainly a large component (too fucking large, 320+PE is literally insane) of SP500, but not large enough to dictate market direction. Even if I'm wrong about its earnings it won't change the weak earning of other companies.

>>9106551
I think this was actually accurate.
You're expecting a retrace tomorrow?

>>9111080
i wonder what we told kim to make him suddenly want to play ball. he seemed like he was the most stubborn of the kims.

makes you wonder if he got shook cuz donnys twitter game was so fiery?

>Passed on buying AMZN calls before earnings because I got burned on them before

For the sake of my FOMO I pray it tanks tomorrow.

>>9111454
He was politely informed that a man took office who doesn't bow to any man expect the good Lord.

>>9108304
>Had I just stuck with the original plan and shorted bonds from January probably would be in lambo land
>Had I just stuck with the original plan
I know that feel.
I'm going to need an iron grip to keep holding my Facebook call options.

is the bull finally back?

i don't want to have to do gay4pay to pay my rent again

>>9111409
yeah it was so flat and i was having flashbacks from yesterday of getting squeezed, but then it just stayed where it was and moved calmly to the right. no good for anyone (unless theyre doing ICs)

>>9111468
Iron hands are good, but FB is a little different than most companies because of current scrutiny and eventual regulation.

>>9111454
I think it was because he got what he wanted out of his nuclear program. He wants to ensure the survival of his rule. I think Kim learned some hard lessons from watching Saddam and Gaddafi get JUST'd by the US.

Kim has done (and continues to do) a lot of terrible shit to his people. Now that the discussion is centered around nukes, he is getting 1) international respect and 2) a total pass for all the other shit he did. Now that Kim has a seat at the table, he wants to play with the big boys.

>>9111468
nice anon. i need a day like that. its been too long

>>9111514
this makes a lot more sense

>>9111533
>nice anon. i need a day like that.
I'm not happy though.
I've been squatting and rolling around in death valley for the last fucking month.

>>9111499
>because of current scrutiny and eventual regulation
Which is a massive nothing burger.
The spike today may have been the result of a fucking short squeeze.

>>9111631
we all have m8. there aint a soul here who thinks this shit is easy right now. this is the hardest market in years, by a large margin

>>9111674
That's 5k peak to trough.
At the start, I was at 66% YOY return.
At the bottom, I had a net loss.

>>9111734
(I dumped in 5k-10k while following it down)

>>9111674
>tfw started investing January 25th, literally the peak
>tfw down 10% since then

It has been a learning process.

>>9111768
That hurts, man.
I'm lucky that I started while chasing AMD on a bull run. Never had net negative until this past month.

>>9111734
yeah i had a rough time when this started in feb. then life just recently caught up with me and i had to take my few gains that i HAVE had these past few weeks and dump em into a minor fucking medical bill that finally found me.

im AT under 50% right now. and i was so CLOSE to getting my margins back. fuking suxxxxxxxxx but i guess i just gotta trade better now

>>9110081
i've been in mexico since sunday, i know mexico has alot to offer but shit posting on /pol/ and calling just about every single poster a 3rd world shit hole poster was pretty pleasing. I think the best thing to do would be to just travel around endlessly and use a fedex box for an address

>>9111796
It's not too bad because I'm only playing with my fuck around money, but man why couldn't I have started a year or two ago when everything was easy.

last October when google and amazon were both $900 and I was deciding between which to pick i went google

AMA

>>9111813
>im AT under 50% right now
Less than 50% of what you started with?
>dump em into a minor fucking medical bill that finally found me
The healthcare industry is some bullshit.
I'm waiting for a good entry for shorting CAH. I really hope AMZN really does put them out of business.

>>9111869
>I'm only playing with my fuck around money
Yeah, I start all my investments into new territory with a speculative mindset.
That's why this valley of death sucked so much. If I realized the losses, I'd completely lose the comfy buffer that I had for justifying the risky shit I'll hold for months at a time like SOXL and SPXL

>>9111861
i hear you can dodge certain taxes by living on a boat thats large enough and has a half bathroom and a kitchen. you just have to not stay docked at the same place for longer than 6months or something

>>9111953
With Jews, you always lose.

>>9111967
no from ATH
yea its a racket

>>9112002
aw man who got the september 11th get?
>>9112001

>>9111980
i'm really thinking about getting a sail boat with a bathroom and kitchen, i can really see myself sailing up and down the coast, if i benefit with taxes then i really see myself doing it.. no property taxes id assume, just docking fees

>>9112135
yup.
seems alright. just go island hopping for a couple years

>>9109618
Fucking saved.
>>9109651
We can't ever let go of this meme.

>>9112161
teh profit, you said you were longing GLD, right? Why do you believe that gold is going to rise in value with rising inflation and rising interest rates? Don't those factors push down the price of gold?