/biz/ - Business & Finance

>>15955545
Proof or kys

>>15955545
No "trader" in the world makes more than 15% annual profits.

>>15955555
holy checked

>>15955555
Checked. OP gotta commit or suck my balls.

>>15955545
actual professional old school traders aim for 0.3%-1% daily which is actually enough to turn your 6 figures into 7 into 8 rather quickly, just putting it out there for the next time you're trying to larp

>>15955556
>No "trader" in the world makes more than 15% annual profits.

are you dumb? chainlink has already done a 10-20X for most of the people on this board.

>>15955566
you have no idea what you are talking about.

market call for today: spy 299 put

another market call: qqq 192.5 put

>>15955555
Can't argue with the quintiples

>>15955577
>already
Most (ꏿ﹏ꏿ;)

What's with the options shilling here lately?

>>15955605
>>15955655
BTC?

>>1595554
With that track record, if someone started with $1,000 4 months ago and reinvested profits, at the low end they'd have 43 billion dollars by now

>>15955811
pro traders don't all-in every time
instead they only risk fix amount of money each day

>>15955771
I don't follow btcusd, but if I did and on an hourly basis, it will trace upwards to about 8020. at that point, it most likely will turn down.

>>15955545
Congrats you are the biggest trading genius in human history and a multi trillionaire.

>>15955820
I only risk 1/3rd of my capital at any one time and only 1/6th on any given trade.

>>15955837
sounds reasonable

>I average 300% to 1000% profit each week trading options.
fuck off with your $500 dollar account that will be gone by next week you goddamn trailer dwelling meth head.

>>15955875
> t. shitcoin sucker who is down 90%

my spy puts are up about 11.89% this morning, qqq puts are up about 10.28%. not bad since I entered the positions a little over an hour ago.

>>15955545
>I average 300% to 1000% profit each week
>posts on /biz/
Coomers are getting ridiculous with their larps. Zero effort.

>>15955949
just follow the market calls I made earlier, note the timestamps. come back on Monday and let me know how much of a boomer larp this is.

I just made 194% on bynd puts

>>15955976
>just follow the market calls I made earlier
>market call for today: spy 299 put
>another market call: qqq 192.5 put
This only proves your whole life is reading /biz/ and larping.

>>15955545
>I average 300% to 1000% profit each week trading options
kek
what is you annualized rate of return?
what is you AUM?

>>15955605
>spy 299 put
>>15955655
>qqq 192.5 put
What expiration date?

>>15956084
spy = 23 oct, qqq = 25 oct. I don't manage assets for others, only trade my own account.

>>15955545
Anon do you just buy options in big slow moving ETFs? Do you feel like the baskets are very news sensitive? I just bought tome uvxy calls, do you think I mad a mistake? Do you consider politics and tru!mp when you make bets?

>>15956031
i have been focusing on etf options, but I dabbled in bac, aapl, amd, and hd the last few weeks.

>>15956110
I did well on uvxy puts over the last week or so, but I don't have a new setup for any calls on that one.

>>15956110
let me add, I do not follow news, I am strictly a technical trader. I use trendlines and channels exclusively. I focus on etf options because they are slow moving and more consistent. etfs like slv are a little gappy, so I don't follow those.

>>15955545
What platform are you using now that most are no commissions?

>>15956156
thinkorswim for trades, tradingview for charts

>>15956119working uvxy 21.50 calls, thanks for putting that on my radar anon.

>>15955605
>>15955655
Post calls before the market has already shown its face for the day next time.

AYYYYYYYYYYYYYYYY

+100% is very possible,if your not a cuck

>>15956198
I'm a trend follower / breakout trader.

>>15955849
Cool 1000$ account you got here bozo

>>15955555
Whoo nice digits!

>>15956203
thanks for putting uvxy on my radar, anon. working 21.5 call.

>>15955545
>I start trading @ 0930 EST and get off at 1600 EST each day.
Then why aren't you trading now, retard?

>>15956319
I am trading right now. I only use conditional orders and set my stoploss and takeproft once my trade is open. at this point in my day, I just mind the positions and trail my stops.

go play some Fortnite and leave the moneymaking to grownups.

>>15956354
teach me please

>>15956354
Hi OP. Any idea how a Eurofag can trade? Apparently Robinhood isn't available. Thanks in advance.

>>15956362
I'm not selling a service, just presenting the truth. you will be better served determining an edge for yourself. everyone has a different view of the market.

spy 299 put up 30.42%, already took profit on qqq puts +11.8%, uvxy 21.5 calls up 7.26%

>>15956374
a guy i know uses Interactive Brokers. He isn't US citizen, but gets access to Dax, Spx, Dji, etc.

>>15956104
>spy = 23 oct, qqq = 25 oct.
Both your trades are up so far so I want to learn.

So your typical DTE is under 7 days?
You ever do any swing trades over weeks or months using LEAPS?
what is you annualized rate of return?
20%, 50% ? your winners need to be subtract ed from your losers to see how much money you are making net right?

Are there any chart patterns you look for?
Do you use 2 minute candles, daily etc?

Thanks for the trade recommendations.

working C 69,5 puts

>>15956404
please add the expiration as well

>>15956404
guessing its 25 OCT

>>15956397
in truth, I only hold trades for a few hours or days. PDT is a challenge, but roll with a cash account and you are good. I have never calculated an annualized rate of return, but I am upper middle class wealthy if that says anything. don't forget, I take losses also, but I manage my losses by strict money management. I only risk 1/3rd of my account and I only risk 1/6th on any particular position. there are only two patterns you will ever need: hi-lo-hi or lo-hi-lo. once you master something like andrews pitchfork, trendlines, etc. you will be in great shape. took me almost 7 years to figure it all out. good luck my friend!

>>15956432
correct, I look for weeklys that expire between 5 and 9 days. I never hold to expiration, so I make sure there is enough time left so that I can offload it.

>>15956445
>>15956459
Thanks for the info senpai
enjoy your returns!

>>15956362
If you want to learn to trade.
Here's some resources that will help you learn.

Chat with traders is good interview series with legends and people who day trade for a living. You can learn what style matches your personality.
https://www.youtube.com/channel/UCdnzT5Tl6pAkATOiDsPhqcg

I prefer swing trading options
Learn to trade options form ex floor traders
https://www.youtube.com/user/tastytrade1/videos

Why selling options has profits
https://www.tastytrade.com/tt/shows/market-measures/episodes/actual-vs-implied-moves-07-16-2019
https://www.youtube.com/watch?v=amao0pJE1XI
I would start by selling a put on cheap stock you would own anyway.

Guy makes a million a year on 5 million consistently selling options
https://www.youtube.com/channel/UCg6XBPhtVqntGhtAblXxybg/videos

Learn from actual money managers
https://www.youtube.com/user/OpalesqueTV/videos


If you’re good people give you money based on performance
Jack Schwager who wrote the Market wizards book series created a platform to give traders money
https://fundseeder.com/traderplatform
https://youtu.be/IpQK3Oo1zSI

Martin Armstrong has a super computer that makes price predictions and it's really accurate. He has 6,000 years of economic data in there. I highly recommend you read his stuff. That's where I got a trade idea that went up 44X
https://www.armstrongeconomics.com/blog/
http://ask-socrates.com

Value investing
Mohnish Pabrai is friends with Buffet and compounds at 26% and runs his value investing funds himself
https://www.youtube.com/user/mohnishpabrai

Learn how buffet uses reinsurance to lever his returns and compound tax deferred. It's a structural thing.
https://youtu.be/cNQ4UBhj5X4

>>15956555
my strategy is very similar to Martin Armstrong. markets are cyclical and fractal. He is my guy!

Bad news on gm and Boeing

Short the Dow,just went long puts

spy 299 put up 64.7%. uvxy 21.5 calls up 16.94%. eem 42 puts up 26.79%. to keep it fair, I am down on C 69.5 puts, - 14.14%. I still have a bearish bias on C, but it could end up going against me.

My Plays for the end of the year

>>15956608
Whoops forgot pic

>>15956374
you can use one of these Forex Brokers, just check if it's not fraud. Most of them offer hundreds to thousands different options beside currency pairs. Just be careful choosing what you trade, futures usually have no swap charge, a broker I'm currently testing has ridiculous swap charge on NGAS, about 20EUR a day, but other options are ok, few cents.
You can check here for brokers https://fraudbroker.com/forex-brokers-review/ or better do your own research, don't rely on this one review site.

>>15956617
Joe?

>>15956575
>my strategy is very similar to Martin Armstrong. markets are cyclical and fractal. He is my guy!
His work is the best.
You might like this video where he explains his model.
https://chadanon.s3.amazonaws.com/Analytical+Conference+-+Understanding+Cycles.mpeg

Do you ever use his Socrates trade signals? I've used them on swing trading and their definitely much better than chance.

I'm gonna start trying to trade weekly options using a similar style to you, I had some success with weekly option trades up 40% in a day etc. but I had no rhyme or reason for why I made the trades. I'll learn about the patterns you mentioned and try to master them.

Can you recommend any youtube channels or people that explain your style? Tasty trade are premium sellers so their stuff isn't really what you do.

>>15956631
Lol why did I ever doxx myself
How did you know it was me lol
You know me but do I know you?

>>15956680
I don't use socrates, but I do understand the relationship of Pi to the cycles. the market is one giant sine wave. My particular style is over 100 years old, think Roger Babson / Alan Andrews / Action Reaction course. The closest youtube channel would be Market Geometry with Tim Morge, but I have a different entry method than he does.

>>15956735
Can you elaborate ?

>>15955556


Orly
https://en.m.wikipedia.org/wiki/Renaissance_Technologies

>>15956575
>my strategy is very similar to Martin Armstrong. markets are cyclical and fractal. He is my guy!
His work is the best.
You might like this video where he explains his model.
https://chadanon.s3.amazonaws.com/Analytical+Conference+-+Understanding+Cycles.mpeg

Do you ever use his Socrates trade signals? I've used them on swing trading and their definitely much better than chance.

I'm gonna start trying to trade weekly options using a similar style to you, I had some success with weekly option trades up 40% in a day etc. but I had no rhyme or reason for why I made the trades. I'll learn about the patterns you mentioned and try to master them.

Can you recommend any youtube channels or people that explain your style? Tasty trade are premium sellers so their stuff isn't really what you do.

>>15956765
Sorry bug caused double post

>>15956205
based
telegram @chadlounge

>>15955556
lol Soros manage $billions and has averaged 35% returns for like 40 years. And thats with fucking billions. With a few hundred k he would probs make like 600-2000% a year.

>>15956747
Everything follows fibbonacci

>Arithmetic is the framework of God

>>15956747
therein lies the hard work. go study Roger Babson and Alan Andrews. you can download the action / reaction course for free most anywhere on the net. Once you learn the 5 Rules of the pitchfork, you will have the key to all price action trading. completely legitimate, but remember, there are only 5 Rules. if they have more than 5 rules, they are clowns

>no one has posted their bankroll
shocker

>>15956796
>What is risk management

>>15956799

>>15956808
Up almost 80% today faggot

>>15956817
70%*

>>15956811
Ok I understand the waves and the gif buyt how do you distinguish which stock is in which apex?

>>15956864
Do you apply standard deviations and volatility into any of this?

>>15956872
negative, but you can make a great strategy from bollinger bands or standard deviation channels

>>15956840
>how do you distinguish which stock is in which apex?
Literally no idea...
kek
My model right now is to use Socrates to call long term trend changes that take months and buying OTM options that will moon if the trend change occurs.

Is that what you were asking? If not please clarify the question as I don't totally understand it.

full disclosure, just took a loss on C puts, - 16.4%

>>15956886
In your gif there was 3 different sine waves example,but the timing ratios were different,and the tops and bottoms extended on some.

How do you correlate this to the normal stock you follow. Say you only play the big 3 Dia spy and ndaq. Well could spy could be in phase one dia in phase two and ndaq in phase three.
Or do they generally all follow the same wave phases?

>>15956891
>full disclosure, just took a loss on C puts, - 16.4%
Can't win them all.
Your stop loss is typically 15-20%?

>>15956988
my stoploss is based on market structure, so sometimes the % is high and other times it is low.

>>15956920
>In your gif there was 3 different sine waves example,but the timing ratios were different,and the tops and bottoms extended on some.

The gif was just an example of a principle, not used for trading though.

If you believe in cycles and Pi like I do, Martin Armstrong has done more work on this than anyone. So I just use his work, and the trading signals are far better than chance on multi month and multi year swings.


Martin Armstrong has a super computer that makes price predictions and it's really accurate. He has 6,000 years of economic data in there. I highly recommend you read his stuff. That's where I got a trade idea that went up 44X

Watch
https://chadanon.s3.amazonaws.com/Analytical+Conference+-+Understanding+Cycles.mpeg

Read
https://www.armstrongeconomics.com/blog/
http://ask-socrates.com

>>15956792
trading fraternity?

>>15955545
So is this one of those waves?
Should I dump my puts or does that mark a completion of a retrace?

Bynd just got intitiated as a sell five mins ago

>>15956809
What? That has nothing to do with my post.

>>15957032
Fuck off shill. Saw you posting this bs in another thread yesterday

>>15957300

to identify the waves, you should read up on Bill William's Trading Chaos, but only focus on the purpose and meaning of a fractal. once you get a firm grasp on the relationship between fractals and elliot waves, you will have a good meat-n-potatoes methods of picking highs and lows. I personally do not use a 5 minute chart, so my read is going to be vastly different from yours.

gld 140.5 put

>works for gains
Fucking kek, I just bought chainlink and that's it

>>15957374
>I personally do not use a 5 minute chart, so my read is going to be vastly different from yours.
What do you use? daily, 15 min etc?

>>15957549
I use 24 minute and 98 minute charts. there is a specific reason for the odd timeframes.

>>15957374
I usually watch the 5 min but decisions are based upon 1 hr and 3 hr readings

>>15957597
>there is a specific reason for the odd timeframes.
I'd love to hear why
If it's too long to explain, a pointer to an author helps. I'm saving all your recommended authors to read.

>>15957657
the author on that part is myself. for now, I would like to keep those reasons to myself, but if you like music, think octaves.

>>15957679
>the author on that part is myself. for now, I would like to keep those reasons to myself
that's fair enough
>but if you like music, think octaves.
I was guessing it had to do with frequencies, kind of like using different moving averages for crosses I'm guessing.

Once again thanks for all the info fren, I've got lots to research now.

>>15957776
Roger that. Read the following:

Misbehavior of Markets (Mandelbrot)
Anything from Bill Williams re: fractals / chaos
Action / Reaction course, Alan Andrews
anything by Tim Morge.

>>15957829
Will read those
Happy trading senpai

>>15957829
What do you think? Good opportunity?

for my style of trading you would be at a bracket zone. buy stop on the red doji to the left, sell stop on the red doji down below. wait for the market to choose a direction.

>>15955765
Too many people figured out forex is a scam and they need retail traders to fuck over.

if IWM breaks up thru 152.96, I will buy IWM 153 call. kind of late on friday, may not fill.

>>15955555
Respond, OP.

>>15958170
I made live trade calls all day. in fact, the last trade call, I gave the exact entry price. Not everyone will believe, but that's o.k. The ones that do not believe are my lawful prey.

I am the only non-ironic poster to ever have posted on /biz/. I gave the keys to the kingdom to the very few who understand. For the rest, this is not for you. Instathots, rumors, and shitcoins are not the path to economic freedom.

Good luck to you all and for those that think this is a larp, thank you for putting money into my account.

>>15955545
>.I average 300% to 1000% profit each week trading options.

So are you a multi-trillionaire?