/biz/ - Business & Finance

Let the good times roll.

>>18214887
-10% tomorrow

>Priced in

where my AAAAAHHHHHH posters at

>what weapon are you carrying

futures are BLOOD RED

Did you guys stock up on calls off the dip today? Ready to moon to EOW.

convince me not to buy GME

LET THE CRAB
BEGIIIIIINNNN

>>18214923
Imma sell puts on X and F tomorrow.

>>18214910

>>18214929
when's the last time you went into a gamestop?

Post your calls and puts and anything else you
guysa re doing

I have JNUG, GORO, AG, and WTI but looking for more. I have $5,000 extra ready to go.

>>18214910
Not without nasty news like a bunch of reits getting margin called or something. My read on the indexes is panic selling has ended for the moment, tons of money sitting on the sidelines unwilling to commit to positions in either direction. Most of the time that translates to melt up conditions until a level is reached where selling pressure is sufficient to scatter the cats again.

This dead cat bounce is going on way too long....

>>18214916
>everything fucked but the jazz music still playing

why red tomorrow, why bullshit pump stopping today and not another week from now

Ok bros, bearish or bullish on this plan?

I am going to inherit house from grandparents when they die, the house has 5k in property taxes however
So to counter act this I'm gonna join the military, some how get "30%" wounded and receive 7,500 in property tax exemption + w/e VA benefits i can get.

I think the hardest part is gonna be riding the line of injuring myself without killing myself, but you know what I'd rather die than pay taxes to this gay ass system, instead ill be stealing your tax dollars with my VA checks hahaha

>>18214951
Mad scientist Fed has created a new maneuver - the zombie cat hover

>>18214929
When's the last time you pre ordered a game at Gamestop or purchased a console? Their business model relies on their minimum wage staff pushing products like car salesman but with 10% of the margins. All the big names being dropped on Gamestop are older generations that see the overall positive trend in gaming but fail to understand why Gamestop is a failure for the generation that actually consumes the product.

>>18214916
hasn't been any large drops in like two weeks

>>18214967
Tomorrow/Thursday are earnings reports (going to be shitty) and unemployment numbers (also going to be shitty).

People who don't want to baghold through that are dumping.

>>18214887
Buy CX.

>>18214968
This play is less risky than >>18214929

>>18214974
literally years. console makers and developers have wanted GME's head on a pike for years and now they're finally there. Good riddance.

It's over.

>>18214916
Are moon faced chinks priced in?

>>18214968
>becoming a paraplegic to dodge property tax
/biz/ never fails to impress

>>18214972
Zombie cat confirmed. World governments keep influencing the market with their bailout packages giving everyone false hope. When the NEET Bux dries up the virus is in full swing we will see the actual bottom.

>>18215006
Priced in

>>18214916
Are they even human?

>NOOO IF THE FED STOPS COMPANIES FROM GOING BANKRUPT BY GIVING THEM FORGIVABLE LOANS FOR KEEPING AMERICANS EMPLOYED DURING A GOVERNMENT MANDATED SHUTDOWN THATS CHEATING!!!

THE MARKET CANT PRICE IN NEWS THAT WAS ANTICIPATED A WEEK AGO!!!

Pathetic.

>>18214948
Reasonable and VERY cute apu gif.

There are 3 levels of bears.

1. Boomerbulls: "We got through a bear market in 2 weeks with the power of GIBS! This downturn is because of le stinky burger corona! 30K EOM"
2. Sensible Bears: "We were due for a correction because of extreme overvaluing and lagging indicators. We still have further to go and that could take months."
3. Doomer Bears: "10K DOW EOM. ITS LE HAPPENING!!!! Also, I own no stocks"

>>18215006
>oh no we have only 100k years and not 400k like we previously thought!!!!11!1!

>>18214968
what is your idea of 30% wounded?

Brainlet here. If everything is priced in, why does the market even move?

>>18214946
The shitty app I use has "Direxion Daily Jr gld mnrs bull 3x EFT" should I buy this? How much?

>>18214984
>body armor

Found the sperg.

>>18215024
4. cross-board migrant trash: "I post pink wojaks and spam for no reason and the only thing I understand here is that green = bull and red = bear"

>>18214929
You shouldn't because you should be investing in materials companies that will get big contracts from the newest stimulus package for infrastructure. Cement, concrete, asphalt, steel.

>>18215006
Fear porn
Get fucked cunt it's a happening when it's a happening not before.

>>18214887
So a lotta people are gonna be unable to pay their rent/lose their health insurance tomorrow. Any effect on the market?

>>18215040
people who think something isnt priced in ;)

>>18214968
Bro, just make sure to go to medical for every little thing and on your way out claim your an alcoholic and ask for treatment. Getting %30 is easy. “Disability” is a bit of a misnomer too, it’s part of the benefits and pay package. Basically you lend your life to your country and should Uncle Sam not return you in the exact condition you were received, then We The People owe you a check for the rest of your life. You guys are paying my mortgage rn.

>>18215043
I've never claimed anything different and what use is a portfolio if you're dead because of angry poors.

>>18214972
Ha nice

>>18214968
the military is going to have no shortage of new recruits if the economy tanks you might wait literally years

>>18215040
2 economists are walking down the street and see a $100 bill. They don't bother picking it up because if it was a real $100 bill, the efficient market would have realized it and picked it up before them.

>>18215040
Markets go up up and awaaaaaay.

>>18215006
you can't just post this without also posting what the timescale is
it could have been thought to be erupting in 10 years or 1000000 years for all i know

>>18215016
And yet somehow because of the Zimbabwe tier hyperinflation this may unleash the bottom will look like a top. What a time to be alive!

>>18215038
as long i have vision in my eyes and my hand and dick work, i think i can work around things like not having legs or some form of brain damage

>>18215024
Sensible bears: DOW 10k in 3 months, stock up on non-perishables, guns and ammo
Doomer bears: Nothing you do matters, we're all going to die in the upcoming crash-induced big igloo, might as well get the monetary high score on your way out and short everything

>>18215068
Shit.
Think they have any use for a 32-year old boomer?

>>18215006
Unless I see a headline with "EVACUATE IMMEDIATELY" or a shockwave shatters my window and I have a chunk of yellowstone on my car it's not happening dude.
As much as I want it to.

>>18215048
Probably not. Expect some funkiness tomorrow as it's first day of the new quarter.

>>18215024
With this many newfags buying in, I'm sure we haven't hit bottom.

>>18215092
idk, losing your legs seems like more than 30%

>>18215006
Not gonna happen. I wish

>>18215040
This is the best question I've seen a tourist post since the crash started. Kudos to you! Anyway, not everything is priced in, market runs on emotion and feel as much on facts. Market is efficient but that efficiency manifests in long term trend.

>>18214968
based retard

So the portfolio repositioning meme is dead? ASX200 up 4% today and it’s April 1st here

>>18215058
with how much these faggots already tax me, im glad im at least paying for a /biz/bros mortgage

>>18214946
RDS.B tomorrow. Anyone else with me?

>>18215006
This will happen. 6.4 quake happen.
It's all ogre.

>>18214946
>kittykatcosplay9
>there were 8+ kittykatcosplays and you refuse to come up with another name.

The easiest and by far most popular form of military benefit scrounging is Sleep Apnea. Just get fat, complain of difficulty sleeping, and get a diagnosis for that and you got 50%. Have fun sleeping with a machine breathing shit into your mouth for the rest of your life, because you get re-evaluated periodically and if you don't need it anymore, goodbye rating

>>18215058
Medical worker?

>>18215006
Bearish market. Get fucked bulls.

>>18215149
I’ll sell you some of the shares I bought a week ago at ~$24.

I think all the other world economies are taking notes from Jerome. Look at all that green in open indices.

>>18215084
>Bottom may look like a top
Hey mate I'm keen if she is.

>>18215144
I’m %40 “disabled” and you’d never know by looking at me. Do it, the military is a good deal if you work it. I know more than one guy who flipped his VA home loan into a little real estate empire.

>>18215160
Hearing is a good one too.

>>18214910
>>18214948

07:00 USD MBA 30-Year Mortgage Rate
07:00 USD MBA Mortgage Applications (WoW)
07:00 USD MBA Purchase Index
07:00 USD Mortgage Market Index
07:00 USD Mortgage Refinance Index
08:15 USD ADP Nonfarm Employment Change (Mar)
09:30 USD Seevol Cushing Storage Report
09:45 USD Manufacturing PMI (Mar)
10:00 USD Construction Spending (MoM) (Feb)
10:00 USD ISM Manufacturing Employment (Mar)
10:00 USD ISM Manufacturing New Orders Index (Mar)
10:00 USD ISM Manufacturing PMI (Mar)
10:00 USD ISM Manufacturing Prices (Mar)
10:30 USD Crude Oil Inventories
10:30 USD EIA Refinery Crude Runs (WoW)
10:30 USD Crude Oil Imports
10:30 USD Cushing Crude Oil Inventories
10:30 USD Distillate Fuel Production
10:30 USD EIA Weekly Distillates Stocks
10:30 USD Gasoline Production
10:30 USD Heating Oil Stockpiles
10:30 USD EIA Weekly Refinery Utilization Rates (WoW)
10:30 USD Gasoline Inventories
19:00 USD Total Vehicle Sales

>>18215069
Fpbp

Whats your guys take on the meme that is ODP are they gonna make it?

>>18214948
People bought the bull trap, they’re going to sell huge when we drop 5%

>>18215190
WHAT?

>>18215165
No, just a vet who has rung every last drop out of money out of his time in the military.

>>18215069
nice

>>18215142
Irrelevant

>>18215200
Oil could see a fresh leg down. Manufacturing data may or may not have an effect on indexes. We'll see.

>>18215142

my shitty bboz can't take this

>>18215200
>>18215257
>07:00 USD Priced in MBA 30-Year Mortgage Rate
>07:00 USD Priced in MBA Mortgage Applications (WoW)
>07:00 USD MBA Priced In-dex
>07:00 USD Mortgage In-Priced Market Index
etc

New ATH on daily cases and daily deaths long coronavirus

>>18215160
Solid documentation of real shit that happens is more than enough. Most guys just “tough it out” till it goes away because they don’t want to be seen as malingerers. Go to medical, document that shit, and take your Motrin. On your exit physical bust out records and point to half dozen times your back hurt from lifting shit or the eight times your knees hurt from running in formation.

>>18215281
very bullish

You guys jerking off to economic report realize that those are lagging indicators and there are many ways for institutions and hedge funds to get accurate estimates in real time. Case in point: all the idiots that thought bad jobs report = red market and lost all their money.

Im so fucking scared right now...I just bought SPY calls with my next semester's tuition and price went down. Do you guys think we will hit SPY 270 by Friday? fuck I dont know what Im gonna tell my parents if we dont

>Nobody working or buying
>Market is up
and there are still people that say the market is rational.

>>18215307
You better have some knee pads handy

>>18214454
Why cant you short it

>>18215307
lol

My new strategy is to just buy boeing stocks

So if I spent 200$ for a stock worth a 1.60 a piece
Then when it reaches 5$ I’ll I’ll have a 1000$ bucks minus like fees and tax right?

First time ever buying a stock today lol

>>18215307
Just apply for fafsa/student loans dude and continue your coursework

I’m busting out the margin to sell puts. If it tanks, yay for cheapies I guess.

Nikkei 225 off to a bad start

How many days has it been since there were 2 red days in a row? Simple calculus, tomorrow is green.

What happens if you make a call or put for X date but by that date your call or put hasnt panned out as you hopped, what then?

Think something just clicked earlier today.
>be me
>sell a put option
>lmao put goes up in value (eg I'm losing)
>of course nearly every trade i do works against me
>wait a second!
>noticing a pattern
>had i done the opposite I'd have increased the value of my money by 50%
>but wait
>other times when i reverse my decision, my intial instinct was actually correct
>realize i have to make the choice seriously without though of reversing myself

How do I pull this off without screwing myself over?

For example had i pulled this off today I couldve turned $2k into $3k in a single day. Heck had I pulled this off in all of my trades I'd be up massively rather than down massively .

>>18215307
And why the FUCK would you buy calls for ANYTHING right now?

>>18215277
He doesn't realize that NOTHING is priced in.

>>18214979
Didn’t SEC delay earnings reports

>>18215344
>$1.60

What’s the ticker name for this shitbird of a stock?

>>18215305

Lmao, bad jobs report was literally last Thursday. Zoom out. This is a blip on the drill down. If you don't have some puts at least to hedge by now, you deserve to lose money. This week is bulltards last week to load up on puts. 20% unemployment is not priced in (worse than the great depression). A second global financial crisis is not priced in, there are multiple brewing. A hundred million infected and over a million dead is not priced in. Yearly seasonal quarantine are not priced in. You missed february when the writing was on the wall but you were saved by this bounce. If you don't take advantage of this retard bounce, you deserve it. We won't see these highs for years.

>>18215369
WIT

>>18215309
for the last time.... it's PRICED IN
you think wall street hyper brains was surprised that 35% ppl would loose jobs and less than 2 million ppl would not catch the virus?
cmon! China number showed everything if Trump didn't react to it. Big institutions already accounted bad news 2 months ago before the first crush wave
>inb4 China lie
it doesn't matter if China ppl died 5x than reported or if the virus is "nothing but a flu". You could see the market IS reacting to it right now
don't think you can trade faster ahead of wall street

>>18215358
basically, when you see it in the chart, its already too late and the price reverses.

>>18214979
I donno dude least unemployment report was the largest in recent history and the fucking market went up 6%

>>18215358

Trade like you normally would, but before you press buy/sell, flip a coin, and if its heads flip the trade.

>>18215307
based retard

>tired of being poor

Tell me what to do with my money, have several grand.

>>18215389
Stated in an earlier thread, but pretty close to projections made a while earlier, it was not new information

>>18215376
WIT has a 52 week low of $2.52

>>18215069
Priced in fags btfo

>>18215344
Or is it more complicated than that

>>18214984
>White plate vest
>Half empty bottle of whiskey
>One magazine

NGMI

>>18215356
you lose money

>>18214984
>meme watch

>>18215373
so what are you supposed to do? buy SPY puts with 6+ months till expiry?

>>18215400
Sorry I typed that wrong I meant, WTI

>>18215388
Hmm the two times i thought no way theyll go bankrupt...they went bankrupt or were removed from regular trading. Almost lost 1k plus on 1 that I bailed last second before delisting occured and the other resulted in about a 2k loss (DF, wish I was never shilled it on here).

>>18215382
In the next month you think any fortune 500 company is gonna turn a profit? In this current economy?

>>18215439
>i thought no way theyll go bankrupt
stop trading garbage companies in a down trend

>>18215344
5÷1.60=3.125
3.125x$200=$625

>>18215428
lol offshore drilling is not going back to January price for years if they survive at all, and they don't have cash to pay their debts

bull retards about to feel the pain. I remember when I was a young foolish investor

>>18215426
It's a quality cheap watch.

>>18215344
No retard

($200/1.6)*($5.00-$1.60)=425

>>18215465
Based
> Muh BVLL CHADS!!!

>>18215466
>le terrorist watch
I wear the casio calculator watch I'm mostly just busting your balls

>>18215461
But I thought oil was the new brrrrrrrr

>>18215427

Right now is the top of a bounce, so any expiry is probably safe. But yeah, 6 months+ if you want to just hedge your longs for a while. Shorter if you want to try to play it.

>>18215460
wrong

What classes/course does smg recommend? Mostly I just read the fuck out of investopedia.

>>18215494
That’s it. School of hard knocks son. Trade it.

>>18214887
I wonder if SQQQ is actually going to tank when the stock market can no longer stay in melt-up.

I'm lead to believe that these Direxion ETF's are a gargantuan pyramid scheme and I'm certain to look like a fool for holding onto 7 shares of this piece of shit.

>>18215344
So this is the power of /biz/

why bobos so certain with a measly -1% hours before market open? jerome can't be defeated

>>18215257
XOM is one that looks like a good deal even at 39 per share (.87 dividend payout per share) given how hard it's plunged. They have some debt problems, but basically all of the major players do. I'm still waiting for an even further dip on it to start accumulating. Payday is this week, and if it's still around that price I'll nibble a bit and see where it goes

>>18215398

1. Pay off all debt
2. Save enough for 3 months of living expenses
3. Open a retirement account and contribute the maximum
4. Automatic deposit into a mutual fund
5. Buy mainstream ETFs
6. Buy individual stocks

Complete each step completely before moving on to the next step.

Prerequisite: Stop buying useless shit and going out to eat.
Special step: Buy a house. Can be done any time after step 2.

>>18215480
>>18215493
Go back to school dumbass

>>18215519
What would be an all-in price for XOM?

>>18215460
>>18215480
200$ X 1.60$ equals 320$ which is the amount I can withdraw into my bank account.

200$ X 5$ equals 1000$, no?

>>18215521
>step 1: pay off debt
>special step: buy a house
>step 3: go into debt for 30 years

>>18215542

200$*1.60$=320$2 and the unit you've arrived at should be a clue you fucked up

gonna keep DCA'in on the oil from here but what some other good dividend makers to add to this mess?

>>18215542
Bro 200$ worth of stock at 1.60 get you 125 shares.
IF your stock reaches 5$ a share and you sell it at that price you have profited 3.4$ a share.
Since you had 125 shares you made 425$

>>18215542
>If I buy something that cost 1.6 dollars for 200 dollars I get 320 dollars

Please deposit your bank account into the market

>>18215542
>$200 x $1.60 = $$320
why are you multiplying $200 and $1.60 lmao
>>18215480
$425 is your profit, not the proceeds of the sale

Why are risky 3x/-3x sector and commodity ETFs even allowed? Retail investors are dumb and don't understand that they are highly likely to go to zero at some point.

>>18214887
Ruger LC9 and a .38spl revolver

>>18215566
>mortgage is debt
Around here we call it leverage and mortgages are some of the best leverage available to regular jack offs like you and me.

>>18215538
If it makes it to the mid 20 mark somehow, I'm dumping my entire check and telling the bank the direct deposit got "lost in the mail."

>>18215542
If you have $200, you're buying 125 shares at $1.60. 125 shares are now worth $5.00.

125 shares * 5 = $625
$625 - $200 intitial investment = $425

Jesus you newfags are going to get rekt

I've got a couple thousand I feel like risking and spreading out over JNUG, HAL, BA, and ERI. Explain how I'm rarted

Why do calls and puts instead of just buying the stock

In a healthy market everything wouldn't be green nor will everything be red. Some stocks go up and some go down depending on sales/profit and market value.
So why is everything either red or green? How can anyone think its normal?

>>18215575

sorry, that was meant to be 320$^2, 4chan post formatting removed the superscript

>>18215528
Imagine being so retarded you don't understand a simple profit calculation

>>18215609
leverage

>>18215542
wrong
$200 divided by $1.6 per share = 125 shares
125 shares times $5 per share = $625
Please Google "unit conversion" and an algebra middle school teacher will explain basic math to you on YouTube

>>18215398
Be careful anon. I've lost thousands on stocks and stock options. Albeit 1 crazy good gamble can earn it all back but that requires me to be confident enough to go heavily in. At that point if I'm successful meaning a bare minimum 5x, Id make all my losses back since i started with more on top. Now if only I could stop doing the move that usually works against me

>>18215578
WM, XEL, ED

>>18215609
Your supposed to do both.

>>18215344
5-1.6=3.4
3.4/5=0.68
0.68*200=136
136+200 = 336

If 90% of people fail with options, then the real winning bet is to write options, isn't it?

>>18215307
>I just bought SPY calls with my next semester's tuition
This shit is so funny knowing that there are loads of redditors who did this and got destroyed.

>>18215615
He asked how much he would have, not how much he would make. Learn to read

>>18215307
is there even going to be a "next semester" now?

>>18215646
Is this the power of common core?

>>18215542
Bro you are going to be so rich

>>18215566
Mortgage is not normal debt and 99.99% of people would never be able to purchase a home outright. Even rich people don't do that, because its stupid. Mortgages have extremely low interest rates and you gain value and equity from your property. Because the loan is extremely low interest, it makes sense because investing the 100k you would have dumped into your home would gain greater returns than your increased property value.

>>18215667
>I’ll have a 1000$ bucks minus like fees and tax right?
>minus like fees and tax right?
I know we're both arguing over an 85 IQ retard who is going to destroy himself in the market, but that was a profit question.

>>18215600
>>18215579
>>18215579
>>18215582
>>18215582
>>18215600
>>18215625

But since I get the 200$ back technically I made 625$ instead of 425$ and since right now I have 0$ I’d be 625$ richer, no?

>>18215656
Yes. But make sure you have the underlying asset or you get fucked by leverage.
Look up covered calls.

>>18215705
You're not white, are you?

>>18215691
>>18215667

you guys should stop arguing over whether the answer was supposed to be given in metres or kilometres, who cares

>>18215705

Correct, but since it's asset-leveraged you'd technically be $825 richer, the $200 inverts and can count twice as long as you don't hold it past expiry. It's one of the ways to beat the market.

>>18215705
never post in this thread again

>>18215705
>But since I get the 200$ back technically I made 625$ instead of 425$ and since right now I have 0$ I’d be 625$ richer, no?
Youre one retarded motherfucker arnt you?
IF you had -200 dollars in your bank account, then deposited 625$ back into it how much money will you have in your account?

>>18215691
Hes asking how much he WOULD HAVE after he sells. Not how much profit he would make

>>18215439
F

>>18215724
just let him lose everything

>>18215730
>he WOULD HAVE after he sells.
That's literally the definition of profit

>>18215675
Wait
5/3.4 = 1.4059...
1.4059..×200 = 294.117
294.1117+200=494.1117

who else is READY

>>18215656
Not necessarily, the writing a winning option usually only wins you a small amount of money, but losses can be many times greater. You have a large chance to win a small amount of money and small chance to lose a huge amount of money.

>>18215725
You are putting words in my mouth. I don’t have -200$ in my bank of america account. I have 0.00$(technically 0.87cents but for semantics sake we’ll say 0.00$) which would mean my money I get to take home when my stock hits 5$ would be 625$(technically 625.87$ but again, semantics)

>>18215748
>the amount of your original investment is part of the amount of your profit

I'm down 10% since last week. This is awful

>>18215770
Youre one hopeless nigger.

>>18215593
SOXL was good to me. Sold my last of it @ 275. If it goes to $45 I'm throwing 10k in.

>>18215775
Look up the definition of profit

>>18215765
My, my body is ready

>>18215770
Who is this

>>18215770
I will make money off of your losses

>>18215770

Exactly. Also if you can find a broker with low fees a good strat can be quick-jumping, basically wait until the price has gone over the amount needed to cover your fee and sell instantly. E.g. buy in $200 of stocks, your account now has $0 in it, if the fee is $5 wait for the value to hit $210 (to cover buy+sell), immediately sell, you've just made $210 minus the $10 in fees so $200. You can repeat this many times every day

if its priced in and you know it buy some calls
if its priced in and you know it buy some calls
if its priced in and you know it
and you really wanna show it
if its priced in and you know it buy some calls

>>18215811
lel

Okay so I read the book “How to day trade for a living” and I made it like halfway until the guy said you have 25,000$ to day trade. Then I stopped reading the book, but since I already gained some knowledge(Like candlesticks, bear/bull meaning, shorting/longing a stock) I figured I should test out my luck.

I understand I am not that knowledgeable about the work you guys do in these threads. However I want to learn, how can I be like you guys? I can’t say my age but I am young enough and have enough time to one day be able to master the art of trades and not have to live in a trailer my generations before me.

>>18215770
>>18215770
Invest in GUSH and SNSS. Go all in. Oil is going up and Corona-chan is a boon for biopharm companies.

>>18215344
these posts are so on the money i feel like jerome is in the thread intentionally giving us bear flags

>>18215825
>be like you guys

He doesn't know yet

>>18215825
so you're like, 16?

>>18215770
Just because you take home a certain amount does not mean your profit is that number. Take away your initial investment to find profit. Also, don't say things like "when my stock more than doubles" - because I guarantee it won't and you'll soon realise the actual reason that it's down from 5 dollars to 1.60. A 68% fall is fucking meteoric, you should not be wasting your money on something that is going to zero

>>18215842
what about WTI

>>18215656
Lol had i done a buy instead of a sell today id have made 50% profit instead of a 50% loss. Also selling generally means you make pennies compared to how big you can win with the right call. Sold the put cause i wanted the stock but for less. And then it broke through support...and i jumped out rather than risk buying a bunch.

Give me one fucking reason why I shouldn't cut all my losses by selling all my positions and then going all in on ATHX.

>>18215825
Thats a man.

>>18215853
>WTI
Why invest in x1 Oil when you can get X2 Oil returns!

>>18215158
imagine paying $85 for a fucking cheesecake pic of an insect
>t. lost $500 this week on meme market

>>18215791
Profit = sale amount - investment amount
Profit is not sale amount including investment amount. Damn this board is dumb

>>18215857
because you'll get bogged again

>>18215825
Everything past "buy high, sell low" is guesswork, no money is certain. There are strategies with more consistent, but smaller, earnings than others

>>18215825
get a scholarship or go to a community college for business and finance

>>18215825
Yes, you NEED $25,000 to day trade or your broker will block you from trading, idiot.
https://www.investopedia.com/terms/p/patterndaytrader.asp

>>18215857
because people who post "give me one reason" at the beginning of their post NEVER make money off of the idea

>>18215857
https://seekingalpha.com/article/4335008-athersys-sees-4-million-share-insider-buy-from-partner-running-covidminus-19-ards-trial-in?&ampcf=1
interdasting

>>18215517
>30% unemployment for another month or two
>people and companies aren’t paying rent
>companies living on loans through the end of May at least

BULLISH

The clown market will do whatever from day to day but shit is bad in the real world

>>18215889
this is a burger thing

>>18215445
they don''t need to. Because top dogs still win the market. No one makes iphones except Apple etc. the middle ones are just too big to fail. Fed 2 trillion is more than enough to fill their hole. I don't think normal economic activity could generate this amount of cash into the market. Plus they have fewer employees which accounts for less cost. They probably show bigger "profit" on the book

Just a minor setback, fellow bvlls. Repeat the mantra and we shall see green once more. Bvll. Bvll. Bvll.

Yes. Yes. Yes.

Bvll. Bvll. Bvll.

Your turn.

>>18215656
Yes but only as a mechanism to acquire more shares at a certain price or to sell off shares in a rebalance.

>>18215854
>made 50% profit instead of a 50% loss

Great, how often do you think you could get this type of a trade right? Because if you get it right 17 times and wrong 10 times, you'll still be losing money. 1*(0.5^10)*(1.5^17) = 0.962

If you get it right 17 times and only get it wrong 13 times, you lose 88% of your money :)

>>18215894
Give me a tl;dr

>>18215307
>I just bought (options) with my next semester's tuition
No! That is a bad anon! Bad!

>>18215917
>going all in on every trade
what

>>18215910
AHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH FUCK IM SELLING IM A GONNA FUCKING SELL AERRGGRGRGRGGGHHJHAAAAAGGG

>>18215918
They're involved in a COVID trial in Japan and a major shareholder just exercised a warrant for $4M in stock

>>18215825
Read investopedia. All of it. Also do paper trading and unironically watch CNBC. They will start to get you acquainted with market terminology

>>18215825
>>18215770
>>18215705
>>18215542
>>18215344
Imagine being a school teacher in some place like Detroit or Chicago and having to deal with a classroom full of brain dead chimps just like this guy for 8 hours a day.
Just imagine.
How long before you would go postal /biz/?

>>18215938
Are you saying I should go all in?

>>18215943
years ago I read a screencap of a long post from a yotsuba pink board (i think its copied from some blog) about teaching in one of those classrooms, apparently everything is the white man's fault, it was a good read

reminder to bulls that no matter how bad the days ahead may be, barring some terrible extinction event, your attitude and investment strategy will make pic related our future someday
thank you for all you do, you goofy optimistic bastards

>>18215889
You need 25k to daytrade on a margin account. You can still make 3+ round trips on your cash account.

>>18215765
ready for oil to go to $16

>>18215160
My father broke his heelbone in the military and was forced to continue on as normal with only pain meds. He finally couldn't take it anymore and is getting some percentage of disability, but that's been a chronic pain that's followed him all his life since. It's cascaded into back issues and other physical discomfort. All because our system is so obsessed with money and doesn't actually give a fuck about how we actually live.

>>18215949
no you should diversify your yolos, only go half in, put the other half into antibe

>>18215943
Demographics are destiny, anon. Mutts will soon outnumber us all.

>>18215904
You’re looking at a stupid time frame. All of that is WHY the market crashed. You think it was just correcting based on valuations or something?

We were looking forward and realizing the economy was going to stop, people were going to lost their jobs and maybe their cars and homes and even many lives.

Thursday’s job numbers are meaningless because they only include about the first two weeks of March.

Guys I have two questions for the board:
1) Is it possible to partially circumvent the pattern day trading rules by using different brokerage accounts (3 day trades on TD, 3 day trades on robinhood, etc...)
2) What paper trading/market simulator is most accurate, or what is the best and why (in your own opinion)?

Getting tired of holding puts. Lost a lot of money and I need something that ideally "replays" trading days so I can look for correlations. Like how the fuck does the bond market interact with stocks? I've never looked and seen the bigger picture while trading and these losses are like a gaping hole in my chest telling me "learn to shoot better, or you're gonna die". Market gay?

>>18215943
As someone who used to tutor in high school, the human capacity for mental retardation is incredible. I’ve seen 18 year olds who have gone to school for 12 years not understand exponents or that multiplying by three cancels out multiplying by 1/3

>>18215910
What do you mean minor setback? It's still in the up channel it has been for the past week and a half with no real pressure to go below. If any of the data is any better than expected there would be more up for another week.

>>18215979
That's priced in

>>18215981
>I need something that ideally "replays" trading days so I can look for correlations
Tradingview has that feature.

>>18215974
>antibe

Hmmm, couldn't find any articles about this company. Can you sell me on the idea of going half in on them?

>>18215981
yes, multiple accounts each have their own day trading counters

>>18215981
You’re just going to lose your money

How well do you guys think deep learning AI would do with trading?
Lets say it was fed 50 years or market data and news.

>>18215964
sand niggers only source of income... yeah I think they will shut it down permanently!!

Can I get an example of how 3x ETF's work like NUGT/JNUG and how it resets exposure daily? Its not something you hold for more than a day, I had assumed otherwise.

>you are a brainlet

I know.

>>18215734
anon you get the sauce of that pic?

>>18215806
That's a man baby!

>>18215734
F for your gonna lose all your money
Or to go all in om F puts?

Now that my mind thinks i should do F puts perhaps i should do F calls. Lmao naaa

>>18216023
If you can think of something that would make money, someone is already using it to make money or they tried it and it doesn't make money

>>18215825
Don't think too much about it. Only thing that matters is your breakeven price. The goal of trading is to get your breakeven price as low as possible.

2 simple rules to follow:
1) Sell above your breakeven price.
2) Buy below your breakeven price.
3) [Secret 3rd rule]: Selling below your breakeven price is okay if you are running out of ammo and need to load up in case of another dip.

So the general method is:
- Buy in on a nice dip/panic (use /biz/ catalog to guage the level of panic, eg: lots of pink wojaks means you're good to go).
- If market goes up: Sell some above breakeven (maybe +5%, 10%, 20% whatever you feel like).
- If market goes down: Buy more below your breakeven (-5%, -10%, -15% whatever).
- Rinse and repeat forever. Eventually your breakeven price will be so low that no dip can phase you.

Pic related, my battle with ETHUSD in the historic bear market. The orange line represents me battling to lower my breakeven price over the course of 6 months. Even in an extreme bear market I came out far ahead. Enjoy

>>18215981
have you never filed taxes before? imagine receiving 20+ 1099-B and dealing with cost basis, tax loss harvesting, etc. for each brokerage because you don't want to put 25k into one account.

>>18216023
All in on ACB

>>18216035

>>18215980
We were due a correction this year anyway. Earnings to price was shit, propped up by share buybacks. Companies have been feasting on debt propped up by low interest rates.

Unemployment is going to fuck companies when they have to rehire after the end of the outbreak.

We just lost at least a quarter of the years economic activity. Pent-up demand doesn’t exist for service businesses, so you’re not genna make that up after the outbreak.

Second and third order effects of this aren’t priced in yet.

>>18215904
the real world ended in 2012, we've been over this

>>18216023
Extremely fast algos that humans can't even come close to competing with already exists and their ways of calculating shit is usually secret so who knows. It's more than just past data though since you should never trade based on past events and how the market reacted to it back then

>>18216032
https://www.investopedia.com/terms/l/leveraged-etf.asp

People say it's not a good idea to hold leveraged ETFs long term because they may decay faster than they grow in volatile periods. That being said, if you loaded up on 3X Bull ETFs but Jerome isn't turning his printer on just yet there is nothing wrong with holding on to your shit for a little bit.

What if corona virus is an elaborate April fools joke?

To clarify:
Day Trade = entering and exiting a position on the same day.
Pattern Day Trader = 4 or more day trades across 5 business days

>>18216138
What is swing trading then?

>>18216137
Also priced in.

>>18215825
>how can I be like you guys
Anon you do know we're not super good at day trading right? Or just trading stocks/stock options in general. At least myself. Im down over $5k since last year.

>>18216145
not day trading
that is, closing your position any day after the day it's opened. you can do it the very next day, a week later, etc.

>>18215962
How dovyou get rid of a margin account on robinhood. Its not like i ever use margin just my own money. Unless that 1k allowable funds to be used prior to complete momey transfer is whats screwing me over.

ASX is up and the Nikkei is down. Like clockwork.

>>18215943
Americans are too ashamed to admit that their public school system is just a day care. Parents actually hate their children and this quarantine is exposing the facade.

>>18216177
there's a button to downgrade to a cash account in settings somewhere. keep in mind that when you sell stocks it takes 2 days to settle and be usable so you still need a bunch of cash if you're going to buy and sell

>>18216178
were you expecting that?

So this thing has broken every single down line except the big one from the top which it will meet tomorrow if it stays on the same up channel and the FED is cutting back the repo on Thursday? Something tells me they'll make sure it breaks that tomorrow and that's why there will be no more proping up needed later.

>YELLOWSTONE BECOMING INCREASINGLY ACTIVE

>>18216218
What else does 2020 have in store for us. Honestly, I'll be fucking furious if I die without ever having a GF.

>>18216218
priced in

>>18215344
buy gush

>>18216218
fuck my leveraged short is about to get blown the fuck out

>>18216218
Literally been talked about for over 30 years.

PRICED IN
>PRICED IN
PRICED IN
>PRICED IN
PRICED IN
>PRICED IN
PRICED IN
>PRICED IN

>>18216218
a mega volcano in Yellowstone could put black ash over the entire continental USA, blackening the skies for years.

>>18216218
I think God just got bored of that ugly experiment called humanity

>>18216280
USA is already too black as it is, relax

>>18216293
or he's just holding the same puts as I am

>>18216218
B U L L I S H

>>18214887
>The last start at the end of time has collapses becoming the last black hole, it disintegrates leaving nothing but an empty void for all time
>DOW up 300k points in one day. There never been anything more bullish, this was priced in over a quadrillion years ago on a planet know as Earth.
stocks only go up

>>18214948
Employment numbers coming at the end of the week, car manufacturers are releasing their sales in March, quarter reports coming soon it's gonna be brutal

>>18215092
This plan already sounds retarded, do it hero

>>18215121
Bullish

>>18216244
It time earth got all this pent up rage out, its been so long scene anything happened that it all happening at once

>>18216336
I think banks start reporting tomorrow

>>18216329
the black hole era is hardly the end of time anon
in fact, in a cosmic sense it is only the beginning
>https://www.youtube.com/watch?v=uD4izuDMUQA

>>18216329
Somebody post that pic from the thread from 2 days ago with the priced in lines on the graph.

How am I supposed to make money when both calls and puts are down?

>>18214887
Any thoughts on shorting REITs that own malls?
Figure they’ll be hurting really hard after this. Won’t see a bailout either.

>>18214948
>panic selling has ended for the moment
Yeah but this is the absolute state of bobos. You get futures down 1% and it's an OBVIOUS triple breaker day ahead of us.

>>18216359
But can it do it against China and Africa not the US.
For the love of god I've lived my 23 years of life on this earth in the most mundane fashion and have come to realize that I wasted every day of my life since my first breath.

>>18216371
Oooooof

>>18216218
>thousands of earthquakes a year
>hasn't erupted for hundreds of thousands of years
>BROS THIS ONE'S GONNA SET IT OFF

>PRICED IN

Biz if oil rebounds can I finally afford to go GF hunting in Europe with the dividends and value paid by this portfolio? I also have 369 as cash on hand

why is thread so quiet, where are the shitposting bulls

>>18216461
Please tell me those are calls and not individual stocks...

If nothing has changed since yesterday why wouldn't it just crab down again

>>18216466
Spooked

*cough*

>>18214929
Why would we do that? You should buy GME. $10 EOY.

>>18216466
It's quarter to 11pm I think they're mostly asleep right now.

>>18216461

oil is going to $16

>>18216486
Stonks, am I boned? I only had 4k saved up.

>>18216466
Nothing's happening anymore, crab market

>>18216507
it will when i try to long it. and that is tomorrow

>>18216507
But oil has to go up eventually right the saudis and russians can't afford to have it be worth 5 a barrel.

>>18216490
Nothing changed? +4% at market open guaranteed. Then -5%. Then +2%. With lots of wiggly shit in between to fuck everyone over equally.

>>18216523
>>18216523
>>18216523
>>18216523
here's the new thread

>>18216461
oil will eventually rebound. but it will go down before doing so. the saudis made it this way

>>18216461
I put 10k into oil as well. We will make it

>>18216500
Cough priced in

>>18216398
I don't care about that stuff. Overwhelming majority of the time I trade better if I tune out all news and opinion about the market and just do what my TA says. On backtest I go through doing the entries and exits, then look back at news for whatever time period I was doing a test on. Sometimes i'm buying when the news is grim as fuck and there was no hope on the horizon and it turns out to be a profitable trade anyway.

>>18216530
the saudis can afford to do this, however you have to ask yourself, why would they be doing this? what good can they gain from these actions?

>>18216461
why is oil going to rebound suddenly

>>18216205
I always expect them to be the reverse of each other

>>18214984
What's your argument for CX?

>>18216567
Oh no I am in it for the long haul. It ain't a loss till you sell, and or if they go under, or if you commit honorable sudoku which will probably happen to me if 2020 keeps fucking shit up.

>>18216500
internal newchin thoughts:
(don't cough)
(don't cough)
(he gets worried if i cough)
(he'll make me get tested)
(the test might show i have throat cancer from eating out my hot actress wife)
*cough*

>>18216379
This?

>>18216417
It's definitely going to be the one that's hundreds of miles away.

Should I dump $ in energy ETF or Total Stock Market ETF right now?

Thinking about slowly throwing in money over the course of a month. Either that or wait until next week when everything finishes dumping.

>>18216613
No, the one that went, coronavirus->american civil war-> the crisis of 2054 priced in in this drop. It was posted 2 days ago.

What does DCA'ing mean?

>>18216758
Dollar cost averaging. Please read about this stuff before you lose all your money. I understand all this shit and I still lost a ton.

>>18216739
this one?

>>18216500
COOF

>>18216724
the answer is infinity.

>>18216329
Even 100 thousand years into the void, along the edges of the double negative inverse reality. If you listen close. You can hear a faint................... ever so faint.........infinitely distant...............................*bbbbbrrrrrrrrrrrrrrrrrrr*

>>18215517
>>18215517
The brrrr is going into bonds, not stonks. At least for now. Once the fed announces infinite QE for spy I will panic sell my puts. Untill then, diamond hands motherfucker.

>>18214887
k