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/biz/ - Business & Finance

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27696376 No.27696376 [Reply] [Original]

>go to binance
>search good project which underperformed today
>buy
>sell at +8-10%
>repeat
It's literally that ez

>> No.27696469

>>27696376
Wtf, if that’s not in the skull just pull it out, there’s no fucking arteries up there not like you’re gonna bleed out

>> No.27696476

How do you make said search?

>> No.27696490

>>27696376
Thanks bro I will write an ebook and sell it on ebay.

>> No.27696543

>get raped by capital gains taxes

>> No.27696548
File: 22 KB, 1288x436, what.png [View same] [iqdb] [saucenao] [google]
27696548

>>27696376
I tried and it doesn't work

>> No.27696612

>>27696376
Why go to the ER for that? Literally just pull it out.

>> No.27696616

>>27696476
Just search for an DeFi project with white devs
>>27696490
Please send me a free copy, thanks.
>>27696543
>living in the US
>paying taxes
CZ is so shady, he won't report shit to the IRS anyways

>> No.27696726

>>27696376
>tax man takes 30% each time you win and just laughs at you when you eventually lose

>> No.27697114
File: 1.13 MB, 743x677, 012349871239487.png [View same] [iqdb] [saucenao] [google]
27697114

>>27696376
>It's literally that ez
I don't understand much of this youngster language, but what it sounds like... Is effective AF, and is what I do... I realized 47% gains last year, and have already pulled $11k of profits out this year so far (on a $110k account).
My addition to whatever the fuck OP is saying, however, is to build a pile of stonks that will pay more than the margin interest rate for the borrowing tier you will be operating in... ie., a $100k account can borrow at least $50k, putting them in the 8-9% interest tier for recent TDA account. Therefore, you should be buying dip and diverse stocks that you are confident in, to pay dividends that will cover your margin fees. Then, and this is the part that varies from OP's plan... Buy Long duration, DEEEEp in the money calls on stocks that are shit today... I'll explain why in the next post... Fuck you... I'm used to /pol/ slide shits and I hate getting my posts pushed off before I post.

>> No.27697915

>>27697114
The reason you want to buy stocks that are dipping today, and moreover, from sectors that are dipping today, are because of the index confusion. People think that "the market went up or down today", but it doesn't. Only some bullshit group of stocks, known as "indexes" go up or down. This means that people bought or sold stocks into/outof an index, and that money came or went somewhere other than out of the overall market. Therefore, when you see a green line and people are reporting that the NASDAC or DOW JONES or whatever the fuck, did something, They are only talking about a select group. The other, non-represented stocks are usually where the money came from or went to in these transactions. If I am a huge money motherfucker and I want to buy enough FANGT stocks to make a dent, this means that some poor bastard stock is going to get sold into value territory. There is a lag, but that value stock will be spotted and go back up. That is the mechanism that me and OP are likely talking about. Keep in mind that you can't have a sale without a buy and vice-versa. In otherwords, this Robing [the] Hood app, blocking people from buying but not selling... Is an impossibility. They were letting you sell, but letting only select folks buy. That was the crime, but they won't be prosecuted as long as stupid fucks keep pushing the concept that there is only one side to a trade.
So, anyways, you want to buy deep in the money calls, because these allow you to use a smaller amount of money to invest in the volatility, which you already can reason without being a quant, if you have enough brainpower. Deep in the money stocks are also called "artificial stocks" because they have very little extrinsic value until they get close to the money, this softens the margin calcualtion pain, if you're getting close (but I don't close losing calls, I'd rather have the stock and sell calls against it to lower my delta)...

>> No.27698329

>>27697114
>>27697915
The reason you want the longest expiration date, is because you are forecasting the market, not controlling it like a cunt. You see that it's raining out, but that the sun will be out some day, so you bet that there will be sun... Not necessarily tomorrow, but there will be sun.
You chose a stock, that may be a short target (so you will need time for that to unfuck itself), or may be part of a market cycle that doesn't favor that sector (like energy during a time when heavy manufacturing is laying off workers, etc.), but the fastest money will be coming from temporary value stocks that got sold for a profit by someone else, so that they could buy something else, leaving a good stock, that has temporarily become a value stock again. One of my favorite stocks, I have repeatedly made good money on because it does risky things, making it a frequent target for shortfags, at which point I buy them long-term options, but then they complete part of their business plan successfully, making the price shoot up... But the part that makes it my best-performing stock, is that it also pays for its margin fees with good dividend payments.

That's all I got for now. You can ask me questions and I'll try to help.

>> No.27699599

>>27697114
>>27697915
>>27698329
I should also add how I close my positions....
Essentially, I close positions while they are profitable, and as early as possible. Usually, this is while they are still long calls, with plenty of time left. My current target profit level for selling a call I'm holding is 30%... If I can get 30% profit at this point in the game, it's fast, it's big, and the market is making gains like this frequently. Early/Mid 2020, this wasn't really so easy, so I was aiming for 20%. I had several that were much higher than that though, and so I avoid using "good till canceled" or any other automated orders. I either make a trade during a session I'm trading, or it waits until some other day. A lot of my trades are just market orders, as long as the bid/ask spread isn't stupid-wide.
So, if my Deep ITM call espires ITM, then I'll have it, otherwise, I'll have a 100% loss on the small amount the call cost. No biggie... I aim to put about $500 in a given trade at my level. Huge positions make it less possible to profit, and so this doesn't work well for commercial traders.
So, if I ended up with stock at a price that wasn't favorable, well, hopefully, it's a dividend stock that pays to hold it, but I don't want stocks. Stocks are fake and gay. I want money, so I can buy things that are less fake and fewer gay. I wait for the stock to go up near a chosen point (for me, it's currently about 20%), and then I sell (short) a call against it. This call is much less long term, because if things go well, I'll repeat this move over and over as I milk it for money. The call I short is against the stock I own (this is a covered call... It is immune to the GME hoopla). The covered short call is going to be like "pfft... I don't think the price will go up that high, but if it does, I would like to sell anyway", so when the price eventually goes far over that, you'll be like...

>> No.27700376

>>27697114
>>27697915
>>27698329
>>27699599
...So, I'm like "whelp, I was happy with the price back then, so I'm also happy with it right now, even though I missed out on this potential extra money I wasn't expecting."

Now, a lot of the time, the price of the stock won't really come up to that high strike price of the short call you sold against it... The value of the call will go down. Well, you were given money for selling it to begin with, so you simply buy it back at the lower price and keep the difference. When the stock price goes back up, you sell another covered call against it.

...So, in summary, this is my winning procedure:
1) Find the sector(s) that's getting sold off for today's winning sector(s) to go up, because the pool of money in the market does not change very rapidly. (or money would literally fail from it)
2) Research stocks that are currently 'good value' because of today's movers, and buy roughly $500 of long expiry, deep in the money calls per position. (don't concentrate all your money, or you will feel pressure to quit the game early, garunteeing worst case loses)
3a) When call price goes over your profit threshold, sell it. <end>
3b) When call expires out of the money, you shrug your shoulders and have your taxfag reduce your taxes because of it. <end>
3c) When call expires in the money, and didn't get sold for the amount of profit you wanted while still a call, it is now a stock, and you enter phase 2

Phase 2:
1) Observe your pile of stocks for ones that have prices that make them good to sell at the profit you chose.
2) Stocks that are below 10% gain, and pay dividends, activate DRIP. For stocks over 10% gain, and pay dividends, take those dividends as cash to offset your margin fees. Aim to never have to pay margin fees out of your equity.
3) When a stock (or some of the shares of a stack of a single stock) are over your threshold for profit taking, sell a call against those shares, at a strike price that is a jackpot. Start Phase3

>> No.27701043

>>27697114
>>27697915
>>27698329
>>27699599
>>27700376
You fucks have abandoned this thread as soon as someone starts spitting good moves... How fucking gay....
anyways...

Phase 3:
1) Stock price goes down. This results in your short call becoming cheaper than what you were paid for it to begin with. Buy it back for a profit (the difference between what you were paid to sell it, and what you paid to buy it back, is your profit) <end>
2) Stock price goes up, but not to the point that it's in the money (ie., stays the same). Your short call will keep value, and so you don't buy it back. You either let it expire, or, as it gets closer to expiration, the probability of it exceeding that strike price drops, and so does its value... Buy it back later then. <end>
3) Stock goes up, and your short is in the money. You will lose the stock, which is what you wanted, because you don't want stock, you want money. This is the most desirable win. It can look bad, because you will see red numbers. Keep reminding yourself that you chose these conditions as "very favorable", and so missing out on some additional profit that you didnt' predict is just fine. Don't fuck it up and buy back a short call that garuntees that you turn a win into a loss. Just be happy with your win. <end>
4) Stock goes down so bad that it gets delisted/out of business. This is the only condition that I would consider a fail. Out of all these win possibilities, this one is the only bad one. In this case, you have a loss on the initial long call, the stock itself is a total loss, and you may have a small gain from buying back a short call. This is a possibility in any investment, but in the structure I just outlined, it may be much less frequent for you. Especially if you have many positions that you looked at and think are "good", and in several different market sectors. If you reach this point, take it to your tax fag, and write it off. You're likely going to have a lot of gains to write it off against<end>

>> No.27701152

>>27701043
dude shut the fuck up bro

>> No.27701368

>>27701152
>dude shut the fuck up bro
Would you like to share your winning combo, since you're so well-off then?

>> No.27701537

>>27697114
>>27697915
>>27698329
>>27699599
>>27700376
>>27701043
I have not read all of this yet or know if it's true or not but if it is I want to say thank you anon

>> No.27701622

>>27696376
had this happen to me except on my foot, stepped on a pencil and it went through my skin like that

funny thing is it didn't even bleed since it just went sideways between my layers of skin

>> No.27701917

>>27701043
Saved, thanks bro.

>> No.27701991

>>27697114
in the same year you've done +10% on your $100k, you could have thrown that $100k into eth and turned it into $1M7
trading is a meme

>> No.27702156

Thanks for the tips bro

>> No.27702172

>>27701043
Thank you for posting this, it's much appreciated.

>> No.27702178

Are you saying buy low and sell high? dunno sounds like it wouldn't work

>> No.27702206
File: 293 KB, 611x1977, Stonks11-19-20.png [View same] [iqdb] [saucenao] [google]
27702206

>>27701537
>I want to say thank you anon
>>27701917
>thanks bro.

That is all I really wanted from it. And I tell you, this is the procedure I use, because I am too fidgety to just buy and sell stocks when I think I've "won"... This way, I have rules, and a plan, so that I win instead of watching how I 'could have won'.

Pic related is my acct in November... I can't get that screen in this year though. I made an error in my first post, in that I think I got 27%, but $47k... But on an account this size, that's quite good (in my opinion).

>> No.27702344

>>27696376
until you're stack is too big and there's not enough liquidity to move it every 8-10% pump

then you realise that would have made more money just holding and buying one very good project and wait for the liquidity to arrive.

Just keep buying LINK and don't touch it.

>> No.27702353

>>27702178
>Are you saying buy low and sell high? dunno sounds like it wouldn't work
I like to say, when someone asks what I do..."Buy low. Sell high. It doesn't matter which order you do it in." ...which generally results in a visual brain-BSOD to occur.

>> No.27702703

>>27696543
Is this a meme? How do you have any gains at all if you never sell due to taxes

>> No.27702841

>>27697114
>I don't understand much of this youngster language
>effective AF

anyways, i'll read that shit in a minute anon, thanks for posting

>> No.27702927

>>27702206

Urrrgh that delicious green

>> No.27703290

>>27702206
ur literally a day trader and we h8te daytraders around here, day trader

we only in the crypto /biz/ bizness here you fuckin gbitch

>> No.27703438

>>27703290
>r literally a day trader
While your comment seemed sarcastic, I couldn't tell what you were actually trying to say.... So, I'll point out directly that my method is specifically designed to prevent myself from gaytrading.

>> No.27704004

>>27696376
Do you check the 24hr Volume too?

>> No.27704489

>>27696469
"What are scars?"

>> No.27704577

>>27696469
>infection
>lead poisoning

>> No.27704878

>>27702841
> this youngster language
What I meant by that is:
>>go to binance
>search good project which underperformed today

I'm not sure if he's talking about a specific website or what, so I chose to interpret it by my method of "find the stock that is underperforming for no good reason today, and buy a call in anticipation that it was a temporary condition, caused by someone needing quick cash".

>> No.27704941

>>27704577
>>lead poisoning
THere is no lead in pencil lead... It's just graphite and clay.

>> No.27705763

>>27704941
You got discord? I have several questions to ask as someone who wants to get into the game

>> No.27706173

>>27705763
I have the program.

>> No.27706709

>>27706173
Hneir#5834

>> No.27707499

>>27701043
I'm too much of a brainlet to really understand this but it seems like good advice so thank you faggot

>> No.27707946

>>27707499
Thank you, fellow faggot... Try this, it will help get youstarted... I had the idea I attempted to describe here, and then watching this series made me realize that it has potential.: https://www.youtube.com/watch?v=QqBmghaq-NE
At the very end of the series, they actually start saying the thing I just typed out... But more understandable and not as good.

>> No.27708025

>>27704489
Scars are dope.

>> No.27708293

>>27705763
You're trying to get into the pencil game?

>> No.27708469

>>27696376
what do you consider to be good projects I am curious anon. Still learning atm.

>> No.27708601

>>27707946
Based YGMI

>> No.27708621

>>27704489
The cost of stupidity.

>> No.27708666

LOOK HOW THEY TRY TO BRING YOU THIS SHIT
“TOP PLATFORM” “BEST INVESTMENT OPPORTUNITY” “GREAT GEM”
WHAT A BASTARDS SHEEEEEET
IF YOU WANT TO GET GOOD INCOME FROM NFT - CHECK PLAYCENT

DON’T BE IDIOT WHO BELIEVES IN EVERY TRASH - CHECK FIRST - USE BRAINS

>> No.27708718

>>27696548
kek

>> No.27708811

>>27697114
>>27697915
>>27698329
>>27699599
>>27700376
>>27701043
>>27701368
>>27702206
>>27702353
>>27703438
>>27704878
>>27704941
>>27706173
>>27707946
so. TLDR. you invest 100k and got 11k. and this is good. ? okay.

>> No.27708879

>>27708666
Thanks pajeet

>> No.27709002

>>27696376
Kevin? Kevin aus Bratislava? Ey bruder, lang nicht mehr gesehen

>> No.27709069
File: 80 KB, 643x820, 0a1.jpg [View same] [iqdb] [saucenao] [google]
27709069

>>27697114
>>27697915
>>27698329
>>27699599
>>27700376
>>27701043

>> No.27709132

>>27697114
>>27697915
>>27698329
>>27699599
>>27700376
>>27701043
where the fuck did this boomer come from

>> No.27709470

>>27697114
Up 100% this year and made 15k+. Buy long term options and it’s a gg as long as you didn’t pick shit stocks

>> No.27709834

>>27709470
>Just don't pick shit stocks bro, it's that easy lmao

How, how do you know what's shit and what's not ?

>> No.27710040

>>27708811
>and this is good. ? okay.
You didn't read. I got about $47k last year, and so far this year, I'm over $10k and looking good. I made more than the national gross income last year, off of less money than a mediocre house.

>> No.27710175

>>27709834
>How, how do you know what's shit and what's not ?
By reading all the goddamn shit that they are all required to provide you in order to be listed on the exchange. Holy shit... Also, if someone tells you what stock to trade, they are fucking you. That info is valuable, and giving it away meansyou're getting fucked... Fucked, I tell you. Read the shit.

>> No.27710256

>>27710040
Half this fucking board is up 2000% since the beginning of the year. What the fuck are you wasting all this time for?

>> No.27710333
File: 81 KB, 600x536, Girls.jpg [View same] [iqdb] [saucenao] [google]
27710333

>>27701043
learn how to greentext faggot

>> No.27710438

>>27707946
What is up with all the ellipses... Are you indian...? Sir...?

>> No.27710579

>>27702703
Delusional faggot hodlers who make no money>

>> No.27710782

>>27696376
i do this too, you dont even need to read about it just look at the graphs

>> No.27710946

>>27710333
What is the benefit of greentext?

>> No.27711371

>>27701991
except most people on biz buy high and sell low, repeatedly.

>> No.27711550

>>27696543
>oh no i have to pay 15% tax on my income ;_;

>> No.27711581

>>27704878
you are a braindead idiot.
binance is a broker website used to buy crypto
it has some benefits because the website is really good
its easy to search what is performing baddly and buy it and wait for a % of gains, kys

>> No.27711711

>>27710175
>By reading all the goddamn shit that they are all required to provide you in order to be listed on the exchange.

show your portfolio

>> No.27711741

>>27711371
>most people on biz buy high and sell low, repeatedly.
The general premiss is sound. You just need to strike that, and reverse it... As per the Willy Wonka technique.

>> No.27711745

>>27697114
>>27697915
>>27698329
>>27699599
>>27700376
>>27701043
thanks for the alpha /pol/ fren

>> No.27711894

>>27708293
kek

>> No.27712012

>>27711581
>binance is a broker website used to buy crypto
Ahh... And by the power of Cunningham's Law... Get fucked, fellow traveler, and thank you for the reply that would have ssaved me thousands of words typing on another faggot, junk crypto thread. On the bright side, I made it less shit. By all means, eat some shit, and have a nice day.

>> No.27712215

>>27696376
Same shot with stocks. Check which IPOs are scheduled for the day, check company's website. Get 10% over a week

>> No.27712217

>>27696543
You only pay on your realized gains at the end of the quarter.

You can't be "raped" by capital gains because the more you are paying in them, the more you are earning overall.

>> No.27712318

>>27712012
have a nice day you too

>> No.27712402

>>27701043
Fuck off schizo swinger. Take your fucking meds. I know you think you're some 150 IQ genius but you would have made much more this year but literally just holding based on fundamentals, you fucking moron.

>> No.27712573
File: 310 KB, 861x1948, Stock_portfolio_2_4_21.png [View same] [iqdb] [saucenao] [google]
27712573

>>27711711
>show your portfolio
As you wish, Buttercup.

>> No.27712673

>>27696376
Yeah enjoy doing your taxes

>> No.27712744

>>27712402
>150 IQ genius but you would have made much more this year but literally just
140, actually, but I'm just winging it. I'm happy with the results though, so if your dick is so grand, good for you. Mine works for me.

>> No.27713055

>>27696376
I have a different plan. I'm starting with 100 USDT in Binanace. Every day, I'm going to swap it with the first Binance-supported coin I see on /biz/ that day, set 10%/-10% limit sell/stop loss, and sell at the end of the day if it's still there.

It's an experiment.

>> No.27713062

>>27696543
>lose x% on taxes
>lose x+50% by hodling into the ground
Easy choice.

>> No.27713578

>>27713055
If you incur into 2 bad trades your plan is already fucked. Still seems fun might do the same.

>> No.27713788

>>27696469
One of the first things they teach in any first aid course is to not remove objects that have impailed someone. Also, he may not bleed to death, but he'd be bleeding a fucking lot. If you've ever seen someone get their eyebrow/forehead split open in a fight, it bleeds like a stuck pig

>> No.27713790
File: 468 KB, 685x435, opposite.png [View same] [iqdb] [saucenao] [google]
27713790

>>27713578

>> No.27714167

>>27696376
>>27697114
WARNING: This only works on a bull market.
Which we have been in for a whole year.

>> No.27714373

>>27712573
>dividend stock
>tesla
Anyone who tries to follow this autist's advice take it with a grain of salt, ask yourself why the big institutions who day trade and have all these sophisticated financial instruments don't consistently beat the market and then you want to follow this autist and try and do better than those institutions. As the other anon pointed out, putting the same cash into an idex tracker would yield the same. But we are on /biz/ and we must moon and get 20x in a week.

>> No.27714444

>>27714167
>WARNING: This only works on a bull market.
I am likely to agree... But I have yet to swim in a bear market. I think that - even in a bear market - there are stocks taht go up and down. This "volitility" is where the oportunity to make money is. Not in stagnant prices.

>> No.27714615

>>27714167
so instead of buying and hodling good projects, just short shitcoins that have seen 10% pumps the day before

>> No.27714639

>>27712573
What website is that

>> No.27714866

>>27696548
lol

>> No.27715165

>>27714373
>>tesla
I have 1 share of Tesla.. I bought it literally yesterday. THe last time I showed my account, I got chastised for not having any Tesla.
Also, I didn't say I exclusively trade dividend stocks. In fact, if you try to stick only to dividend stocks for options trading, you'll find that there is not much market for those options, because the price stability that dividends bring to a stock.
Most importantly, I'm not giving stock advice... I'm sharing my procedure, which I have found beneficial to my "not so stupid that I would depend on gains that a billionaire would (and does) literally kill for, and accept nothing less because I have a big butt and like to smell my own butt, etc.." goals. If you need 20x to be happy, you're really fucking broke.

>> No.27715287

>>27714639
>What website is that
TDAmeritrade.

>> No.27715428

>>27715165
you're arguing with broke retards who dont understand these things

>> No.27715581

I thought of the same strategy but I'm curious if anyone got burned farming 8-10% gains swing trading

>> No.27715655

>>27715428
>retards who dont understand these things
I know... But that's part of the venue. My interest is sharing with people who are interested, and I've lived long enough to know that broke retards cease to be broke when they get sick of being retarded. At that point, they'll be thinking about that one thing they read that one time and start searching for education. Then I win again.

>> No.27716731

>>27701043
>>27700376
>>27699599
>>27698329
>>27697915
>>27697114
get the fuck out of here man nobody gives a fuck about your life

>> No.27716840

>>27697114
Just throw you shit in some diversified ETFS and you’ll do just as well without wasting a bunch of your time

>> No.27717004

>>27696543
Just lie bro
I haven't paid taxes in years

>> No.27717047

Depending on your tax bracket wouldn't you actually be losing money after taxes? I think even the lowest tax bracket for capital gains is 11%.

>> No.27717192

>>27696376
Retarded pic you got on your pc op
This represent your mental state?

>> No.27717559

>>27696469
Its stuck

>> No.27718975

>>27717047
You pay tax on your gains. You subtract your losses from your gains before applying tax.

>> No.27719234
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27719234

>>27715655
Appreciate the write-up anon, I'm a poorfag been trying to get into trading for over year and the jargon was getting overwhelming. Trying to keep an open mind and watch out for big drops of wisdom from other anons on /biz/

>> No.27719500

>>27719234
Still is overwhelming** but taking it step at a time

>> No.27719953

>>27712744
Same here, 143 just winging it because luck is not part of the strategy. These idiots never read the story of the turtle and the hare. I have a compound interest construction running on binance. I don't give a fuck about these daily dips and lows. I just research coins with a potential high mcap in the next 5 years. Set a 2,5% interest rate and not think about it. Diversify my portfolio, risk managment etc

>> No.27720411

>>27719234
Start playing videos from Tasty Trade.. They also have a broadcast all day every market day... That will get you slowly aclimatized to the jargon.
In the meantime, get an account... I suggest TDAmeritrade, because you can pay your bills from it. There are many online education courses on TDA that you can do, and I recomend them too... And what I did while I was building up a critical mass to start getting into trading was to get short term CDs on TDA. I would practice sorting them so that I could get the best Yield, shortest timeframe, and by state-specific criterial... Namely "Which is a republican state"... In my opinion (and yes, this is investing oriented, and not political) the blue ones pay more, but it's my money, and I want to put it in a state that isn't so desparate that they have to pump that yield.... So anyways, you get used to buying them CDs and having them return the cash to your account every few days. You're going to get shit returns doing this, especially with such brief timeframes... So when you want to take a break for a little longer, buy ones that will take a month or more to return... Certainly, do not choose something that;s like 30 fucking goddamn years... Eventually, you'll have enough money saved that you can have more than one going. If you know you want to buy something big on a certain date, then chose CDs that expire at just the right time for you to have that money right when you need it. This is good practice, that lets you do something to satisfy that itch, while you study and investigate individual companies. When you find something you really like, and want to have a go at it, take a piece of your money and give it a shot. In general, try to keep the bulk of your account in things that you really think will work out, even if thy don't "20x" or whatever... If that was something you could just do at will, someone would cut you open in search of the golden eggs. That shit just doesn't fucking happen predictably.

>> No.27720519

>>27696376
lmao, did someone show him jokers "magic trick" from the dark knight?

>> No.27721090

>>27719500
>is overwhelming
I started trading and quit, perhaps 4 times before I decided to actually learn hard and make it work. Even then, it took about a year and a half of really focusing on the mechanics before I started to see the world in terms of trading. At that point, it becomes fucking invigorating to see the future because I've made myself retarded enough to go full Matrix-Vision. It's like the rush of being a jew, but without having to eat baby penises, nor scam a motherfucker... The downside is that you see how poorly people make their choices, but you're a shithead if you tell them a better way.... Hence, the unironic retards in this thread (as opposed to the shill-coiners and wannabe pump-dumpers).

>> No.27721643

lol... I just tuned in to the Tastyworks live show, and someone was calling in and asking about the strategy I have been talking about... Their response was pretty good, yet simple... It was "If you buy a stock, and sell calls against it, you're lowering the effective purchase price of that stock."

>> No.27721952

>>27715165
But you did say that you use dividends, now tell us oh all knowing one, how many times a year do companies usually pay dividends, and what would you say is the normal value of the dividend relative to the stock price?
Your method while sounding really smart and claiming to have an iq of 140 might impress a thot at the bar and your drinking buddies but I know you are full of shit.

>>27715428
speak for yourself

>> No.27722154
File: 321 KB, 600x600, a05.png [View same] [iqdb] [saucenao] [google]
27722154

>>27720411
Fucking bless you, anon. Hope to find more of you in this sea of shitcoin shillers.

>> No.27722905

>>27696376
That was close to eye artery. A little bit lower and it'd have been over.

>> No.27723200

>>27696469
>remove object from puncture wound
You are a dumb nigger. You are the dumbest, blackest gorilla nigger I've ever seen.

>> No.27723420

>>27721952
>might impress a thot at the bar
Bitches do not get impressed by this upon cursory inspection... I'm not wearing a suit and driving a new car, etc..

For dividends, they will vary with the stock price. If the stock price goes down, while the dividend remains the same, that dividend is effectively higher. Once you hold a stock, the listed dividend is usually ignored, as the dividend relative to your purchase price, is the one considered more relevant. This is why I use DRIP (automatic dividend reinvestment) if my overall gain in that stock is under 10%. This is great when a stock goes down to, say -20% reletive to your purchase price, and you buy a second lot of 100 outright (if you have confidence in that stock's recovery), and now it's -10%. Say the price goes down more, which is common, and you hold, and that dividend buys you a few shares around what turns out to be the low point... Then, fast forward to when the stock is +20% for 100 of your shares, and up +30-60% for some of your DRIP shares... You sell off your highest gains, if that works for your strategy, and then you understand.
Stocks pay dividends whenever they anounce that they will... I like ones that pay monthly, but it's common to pay quarterly. The Yield is based on the yearly rate though. It's common for me to see around 8-12% for financials. Massive bluechips that are heavily bought by retirement funds and shit, may be high-yield at 2%. I don't usually get into huge bluechips though... I aim at value stocks, and they tend to have higher yields. When hunting value stocks, you really need to do a lot of reading to see if they are busted junk, or simply getting sold off because someone needed that cash to buy GME or cover their short GME... This short squeeze shenanigans should really get people looking at the ripples they cause. This is where the realistic money will be made after the moment that it became too late to play GME. Thanks for asking. This is good mental exorcise.

>> No.27723432

>>27696376
What are good projects

>> No.27723485

>>27723432
qlc chain, read into it

>> No.27723714

>>27696469
Are you mentally retarded? Even superficial injuries to the head can blood tons. The head in general receives a lot of blood.

>> No.27723788

>>27722905
>ose to eye artery.
Glasses paid for themselves that day, for sure.

>> No.27724474

>>27709834
>battery revolution is here
>shit ton of startups looking to take off
I did 40 percent in my first month jumping on meme stocks and buying battery stocks on the dip.

>> No.27724832

>>27723200
LMAO pussy overreacting faggot

>> No.27725689

Anyone else making money today?

>> No.27725885

>>27697114
>>27697915
>>27698329
>>27699599
>>27700376
>>27701043
Nice dissertation, faggot.

>> No.27726626

>>27725885
>Nice dissertation, faggot.
Thanks. I'm working on my Assmasters Degree.

>> No.27726841

kek'd

>> No.27726869

>>27696469
forehead holds a lot of blood dumbo, this pencilhead will start squirting like your moma in her youth if he pulls it out.

>> No.27727011

>>27704577
you cant get lead positing from pencils moron. You think they would let children use a posionus substance to write with? Stupid fuck

>> No.27727937

>>27701043

Thank you for spelling that out for us. Much appreciated! I prefer to buy and hold solid projects until my gains are tax free after a year, but see how personal inclination and temperament leads every good striving soul to a viable solution sooner or later. The waiting for a good project to finally deliver is quite hard, but I can manage, since I have a full job and family to “distract” me. Without that I could very well imagine trying your approach which seems to be entirely reasonable. With that being said - money is always right, so we’re both right while doing different things. Cheers!

>> No.27728074

>>27724474
Share your portfolio

>> No.27728780
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27728780

>>27696376
>Not at all mr. Trewhitt, and I want you to know that also, I am not going to make my age an issue of this campaign. I will not exploit, for political purposes, my opponent's youth and inexperience.

>> No.27728986

>>27696376
Only works because everythings going up now

>> No.27729114

>>27723420
>I aim at value stocks
for day trading, see the more you type the more it becomes abundantly clear, you are just larping as the wolf of wall street.
I'll repeat /biz/ follow this advice at your own peril

>> No.27729127

>>27696469
You have to be 18 to post here.

>> No.27730051
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27730051

>>27729114
where is the daytrading. This post shows the buy and sell dates for all the trades I made last year, up until november. Are you saying that the intention of hunting for good value is a bad method?
Discipline, Patience, and Value has consistently outperformed the market for decades. How have you done? Show your portfolio. I showed mine for last year and this year-to-date already. I really don't think your criticism is legit.

>>27702206

>> No.27730167

>>27701043
Have saved for future reference. Thanks for the advice always been interested in investing in stock market but not really sure where to begin. I just do crypto and gamble on shitcoins like a degenerate.

>> No.27730674

>>27730167
>gamble on shitcoins
I don't touch those things. They may become valid someday, and I support blasting money into a billion types, but the biggest winner will be the company that exchanges between the various currencies so that you can actually use them for whatever, instead of just gambling on them.

>> No.27731948

>>27717004
if you ever get rich they'll fuck you