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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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736972 No.736972 [Reply] [Original]

why not put money into UVXY? you know rates will rise soon and traders will throw a hissy fit-it is like free money

>> No.736978
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736978

>> No.736979

>>736972
Anything other than Index Funds is retarded.

>> No.737028

FREE MONEY!!!

>> No.737373

>>736979
not if you're a britbong like me and can get stocks and shares ISAs. also who is the girl on the pic OP?

>> No.737387

>>736972
I hate wanting women

>> No.737393

>>737387

Blame your junk.

I'm above wanting them after getting out of a nice 7 year relationship that turned into the worst nightmare towards the end.

Now the thought of being tethered to a woman makes me feel ill in my stomach.

>> No.737399
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737399

>>737393
>>737387
All part of the human condition. As a 26 yov i stopped wanting a relationship after i saw what women do to dudes in the relationship. Or rather, what dudes let women do to them. I love porn, fapping, and spending money on myself. Privileges id lose my grasp on had i a girlfriend. Being single is just a financially viable situation. Unless your girl makes more money then you... or if your girl is a prossy.

>> No.737413

>>737387
>>737393
>>737399
great exchange of thoughts on business and finance guy.

>> No.737419

>>736972
because contango

>> No.737421

>>737413
>women
>not the anti-thesis of finance and business

>> No.737423

>>736972
Up 50 cents today

>> No.737988

up .23 in premarket

>> No.738008

>>737413

>Not knowing that even the richest most powerful men in the world get wrecked by whores

JUST FUCK MY SHIT UP

>> No.738090

Going up

>> No.738257

;_;

>> No.738360

>>736972
Lol, are you fucking serious?

UVXY suffers from the most ridiculous leveraged theta decay on its options I've ever seen, and the contango alone makes holding the stock itself a losing proposition unless you are a massive position holder running a short term scalp.

People like you were singing the praises of UVXY all through the early summer of 2013 when the market had a hiccup following some inconsequential dovish FED announcement from helicopter ben, and ya know what happened? They got their fucking nuts crushed by the end of july when the market crawled back up to previous levels and volatility fell back to it's yearly average.

When you bet on UVXY and lose you don't just fall back to your principal amount invested and call it a daylike the other volatility traders, you get the privilege of falling well below that and taking hilarious losses because of how the derivatives are calculated. When vol starts to dry up and everyone else has time to react and close positions with some profit, you'll have already slipped into the red, because UVXY starts to slip as soon as volatility starts to lose momentum.

>> No.738426

>>738360
>not using stop losses

>> No.739180

Up again

>> No.739231

>>737423
>>737988
>>739180
So how is the catching falling knives thing going for you?

>> No.739436

>>739231
Fine- buy when it falls, set a stop loss after it goes up. Rinse repeat.

>> No.739449

>>739231
I think that you're supposed to grab the spines

>> No.739477

>>736972
what the fuck makes you think rates will rise soon?

>> No.739482

>>739477
They said they would

>> No.740113

Up again

>> No.740142

>>737399

You haven't known life until you've loved, my friend

>> No.740147

>>739482

The market has already priced in a rate hike this year ya dingus...you think as soon as the hike comes, everyone is just blindsided and goes OH SHIT I TOTALLY FORGOT ABOUT THIS SELL SELL SELL

>> No.740452

>>740147
We'll see

>> No.740506

>>740147
>Likes steve brule and shares similar opinions on the market right now.

I like you sir

>> No.741351

;_;