/smg/ - Stock Market General

[Anonymous No.52370932]

>Brokers
https://pastebin.com/F1yujtVq
https://brokerchooser.com/

>Stock market words:
https://pastebin.com/VtnpN5iJ

>Risk management:
https://pastebin.com/sqJUcbjp

>Live Streams:
http://www.livenewson.com/american/bloomberg-television-business.html
https://watchnewslive.tv/watch-cnbc-live-stream-free-24-7/

>Educational sites:
https://www.investopedia.com/
https://www.khanacademy.org/economics-finance-domain
https://www.thebalance.com/

>Free charts:
https://www.tradingview.com
https://www.finscreener.com/
https://www.koyfin.com/

>Screeners:
https://finviz.com/
https://www.tradingview.com/screener
https://etfdb.com/

>Pre-Market Data and Live data:
https://www.investing.com/indices/indices-futures
https://finance.yahoo.com/

>Bio-pharma Catalyst Calendar:
https://biopharmcatalyst.com

>Boomer Investing 101:
https://www.bogleheads.org/wiki/Getting_started

>Dividend Reinvestment (DRIP) calculator:
https://www.dividendchannel.com/drip-returns-calculator/

>List of hedge fund holdings:
https://fintel.io/

>Misc:
https://squeezemetrics.com/monitor
https://market24hclock.com/
https://tradingeconomics.com
https://wallmine.com/
https://tikr.com/

Previous:

>>52368422

[Anonymous No.52370946]

If you didn't buy calls, I feel bad for you son.
I got 99 problems and a bobo aint one.

[Anonymous No.52370964]

>Assume they buy a stock at $15, expecting it to go higher, and place a stop loss (a stop sell order which exits the trade) if the price drops to $14.90. The trader buys 3000 shares, because if they lose the $0.10 per share ($15 – $14.90) on 3000 shares, they have only lost $300, or 1% of their account. With a looser stop loss at 14$, he can buy 300 shares at 15$. In both cases he loses 300$ if the stop is triggered. The looser the stop the smaller the profit

How does this make any sense? Changing your stop loss doesn't change your profit in any way only how much you can potentially lose. Why would anyone bother with anything but an infinitesimally small stop loss to prevent losing money at all? I don't get it.

[Anonymous No.52370967]

Friday Night Bull Run

[Anonymous No.52370971]

>>52370964
stops exist so MMs can hunt them

[Anonymous No.52370980]

imagine being a bobo at this juncture

[Anonymous No.52370988]

What news will come over the weekend to crash the market?

[Anonymous No.52370991]

>>52370964
Stop losses bring a false sense of security since most times you want it to work the price movements happen after hours and then it opens up way below stop.

[Anonymous No.52371022]

>>52370946
I bought puts. If we go to 410 I'll buy more puts. If we go to 415 I'll margin puts. If we go to 425 I'll sell every long I have and buy more puts.

This rally will inevitably fail like all the others and I will take my bear profits and slurp the bottom again like I did I'm June and October

[Anonymous No.52371023]

>>52370964
Stops are only useful if you're swinging something. They can prevent getting rekt on a horrible entry and also lock in profits at a price you think is OK. If you're just going to buy and hold if it dips you buy more and don't care how low it goes.

[Anonymous No.52371035]

every friday we close green, is a weekend of loneliness, poverty and despair for bears

[Anonymous No.52371046]

>>52370987
CPI was probably super manipulated
also gas went up like 40 cents last week, energy alone might bring cpi back up next month because brandon stopped dumping the spr to suppress gas prices and by extension CPI

[Anonymous No.52371061]

>>52371023
Can you also explain why "the loser the stop the smaller the profit". I don't get how changing your stop loss will change your profit in any way

[Anonymous No.52371082]

>>52370946
Yeah seems like a great time to buy calls, just after we had a ridiculous bear market rally, hmm high IQ move

[Anonymous No.52371093]

Post /comfy/ charts

[BUY FTSE PUTS NOW No.52371094]

FTSE and GBPUSD shorts are the easiest and most profitable trades this year

[Anonymous No.52371101]

Oh yes I fucking LOVE seeing bears try to cope with this. Sorry you cynical faggots couldn't bet against the entire global economy forever. Absolute imbeciles.

[Anonymous No.52371106]

I WILL BE MADE WHOLE

[Anonymous No.52371114]

>>52371046
Apparently health care no had a one time adjustment

[Anonymous No.52371125]

What the fuck am I looking at?

[Anonymous No.52371140]

>>52371106
not trying to be a dick but how on earth did you not make money in 2020 and 2021? Did you short the bottom and never close and ride the wave? I dont get it

[Anonymous No.52371146]

The only thing you need to understand to achieve generational wealth in the next 2 weeks

[Anonymous No.52371153]

>>52370946
Sold calls, double digit moves will revert to the mean. Thank for playing

[Anonymous No.52371165]

When sp500 was at 3500 and I was buying I posted this jp Morgan report and you guys called me retarded.. they predicted a 3900-4100 ceiling. Now we are literally at the fuckinf ceiling and you guys are buying.. but you wouldn't buy at 3500..

You are all fucking shit traders and retards basically. Retail really is only good for getting rugged by jews like cattle

[Anonymous No.52371170]

>>52370988
Biden death from vaccine

[Anonymous No.52371182]

>>52370980
algos can't imagine anything.

[Anonymous No.52371185]

>>52371140
Made bank on babies first puts into covid. I am full schizo mode and knew about covid in Dec. Stayed short because I didn't understand the fed.

[Anonymous No.52371211]

>>52371185
I did actually make money once I stopped shorting. It's just dwarfed by the losses. I am homeless and was unable to add capital.

[Anonymous No.52371217]

AEVA

[Anonymous No.52371234]

>>52371101
how are bears cynical when bad news are good news? if anything bears are naive.

[Anonymous No.52371242]

>>52371061
My guess with that is if you set a wide stop loss and then DO NOTHING then eventually, if that order fills, you'll lose out on a lot of profit/loss. Say you bought AA at 66.30 and set a stop at 63. If you did absolutely nothing during that whole pump you'd realize a 3.30/share loss. Similarly if you set a stop for 72 after it initially pumped to 90 you would only realize a 5.70/share profit, when with a tighter stop you'd have gotten a double digit/share profit.

[BUY FTSE PUTS NOW No.52371248]

>>52371234

[Anonymous No.52371258]

>>52371093
What's the 5 day volume profile look like?

[Anonymous No.52371261]

>>52371165
They're all gambling retards with 3 figure portfolios as evidenced by last thread. They're literally allergic to making money.

[Anonymous No.52371268]

>>52371234
how many fucking times do we have to tell you ESLs?

[Anonymous No.52371269]

>>52371242
%trailing stop solves this

[Anonymous No.52371276]

>US oil companies having trouble investing
>OPEC+ cuts oil supply
>Prices go up
>US companies invest in drilling
>OPEC+ increases production
>Oil prices go down
>US companies lose profit margins

Dire consequences indeed.

[Anonymous No.52371280]

>>52371242
the real way to play is by using a VTSO. Unfortunately my broker was sold and the new one doesnt offer them. They know VTSOs out jew the jews easily

[Anonymous No.52371281]

>>52371165
where did you get that?

[Anonymous No.52371300]

>>52371170
That would pump us to ATH

[Anonymous No.52371321]

>>52371269
>>52371280
Nope. You'd get stopped out on that first pullback from 79-73. Or on some intraday swing if you had it real tight. Best thing to do is to just set up a ton of alerts to figure out when to put your order in. Or really be 100% fine at whatever stop price you get out at.

[Anonymous No.52371328]

>>52371281
he's probably a high net worth client with an advisor that actually advises him

[Anonymous No.52371347]

>>52371261
>3900 resistance squeeze q4
>you are here
>besr case scenario 4100-4200 tops with confirmed terminal rate reduction (pivot)
>eventual slide to support at 3350-3400 with no rate reduction

And people here are absolutely euphoric at 4000 and buying calls after a 12% meltup

[Anonymous No.52371348]

>>52371321
>nope
>here's what would happen every time, heh
vtos work great. yes sometimes you get fucked, but you can just re-enter if you decide to. vtso's take all emotion out of trading and they are good

[Anonymous No.52371366]

>>52371347
5000 by q2 2023 deal with it bobo

[Anonymous No.52371385]

Is pic related a good place to get a decent cash flow for gambling options?
Speaking of which, how did you get enough money to start seriously investing.

[Anonymous No.52371386]

>>52371348
I've gotten rekt on trailing stops so often so I tend not to use them. I do like setting stops where I'd be happy taking profit, albeit I always sell early. I'm will never be sad selling A top instead of THE top.

[Anonymous No.52371400]

>>52370932
Nasdaq went up by almost 10% in 2 fucking days...

Guys, could this be what people felt back in 1929? This ominous sense of dread? Depression will definitely happen in 2023 at this rate, Christ.

[Anonymous No.52371411]

>>52371400
>Nasdaq went up by almost 10% in 2 fucking days...
zoom out

[Anonymous No.52371426]

>>52371400
This pasta again?

[Anonymous No.52371430]

It should be illegal to lie on an /smg/ thread guys.

I have a confession, I've been larping as a retard and getting everyone to buy into this pump, promoting SOXL, posting from different ip's and generally trying to sway the opinions of this general. I bought a few stocks because I'm worried this is the bottom, but im 70% sure we will dump further in the next few months.

In my opinion - in the short term this is a great time to buy and play the bounce but we hit that resistance level, now in the long term this is an awful place to buy.

Please invest responsibility, if you buy and hold here for the next 5 years you will make money. Have a safe and pleasant weekend.

[Anonymous No.52371439]

Almost time for some Boyle kino. Cryptoshit bubble popping this time unfortunately but still should be based.

https://www.youtube.com/watch?v=zTFhnpf-IE0

[Anonymous No.52371446]

Uh oh.

https://www.reuters.com/technology/alibabas-singles-day-shopping-event-set-end-with-subdued-sales-no-fanfare-2022-11-10/

Is this bearish?

[Anonymous No.52371450]

>>52371051
Horrible choices, and compounding losses that's making my mental weaker

[Anonymous No.52371522]

>>52371426
Pasta? Are there other people that think the same?

Not surprising, this weird ass pump makes no sense when people are still getting raped by food, gas and other shit getting more expensive.

[Anonymous No.52371534]

So line go up or down on monday?

[Anonymous No.52371539]

>>52371446
Ultra bearish, red monday confirmed

[Anonymous No.52371560]

Feeling good. Next year it's all about dumping into SWPPX and dealing with "shat happens" things (aka life's little fuck you things that suck your green). All while the retirement and savings account(s) keep getting stuffed fatter. Ho hum.

[Anonymous No.52371577]

>>52371560
BoomerAnon, where do you buy your shirts?

[Anonymous No.52371596]

>>52371534
Perhaps the line isn't moving, but we are the ones moving up and down relative to the line.

[Anonymous No.52371621]

>>52371269
>>52371280
>>52371321
>>52371348
>For a long position, an investor places a trailing stop loss below the current market price. For a short position, an investor places the trailing stop above the current market price.
Am I retarded? Why isn't it the other way. Shouldn't the trailing stop loss be above the current market price for a long position since you're expecting the stock to appreciate?

[Anonymous No.52371623]

>>52371165
Keep posting. Some listen anon & appreciate.
I brought at 3502 with plans to hold for what was likely a decent move up, unfortunately I bottled it and sold way too early then couldn't muster to get back in till recently for this last leg up. I only bagged about half the move top to bottom. I get caught between a rock & a hard place. I hate to hold drawdowns so sell likely tops, but then I get too hestitant to get back in even when the market is screaming dip over. "Im in profit why risk it now"

[Anonymous No.52371626]

bros I am so close to breaking even on my SOXL

[Anonymous No.52371642]

>>52371258

[Anonymous No.52371650]

>>52371621
yes you are retarded.
>stop loss is $10.5 while price is $10
>instantly sells

[Anonymous No.52371665]

>>52371626
Soxl is comfy time

[Anonymous No.52371667]

>>52371577
Get them at wmt. pants to.

[Anonymous No.52371668]

>>52371626
>sell upon breakeven
>stock goes up 300% afterward
many such cases

[Anonymous No.52371710]

>>52371667
Nice, thanks

[Anonymous No.52371718]

When will SOXL be 50 again? I would even take 40

[Anonymous No.52371731]

>>52371650
Oh ok thanks anon.

[Anonymous No.52371739]

>>52371668
>selling on green days

[Anonymous No.52371741]

>>52371718

[Anonymous No.52371748]

>>52371718
After all the chop loss, semi's would have to double in price for it to reach 40 again. That would likely happen in 4-5 years on an optimistic time range.

[Anonymous No.52371771]

>>52371185
Same, making bank then died lol

[Anonymous No.52371783]

>>52371385
I acquired skills needed to get a well paid job. Unironically best investment you can make.

[Anonymous No.52371794]

>>52371621
kek

[Anonymous No.52371805]

>>52371642
Not as fake and gay as I thought.

[Anonymous No.52371860]

>>52370946
I have plenty of bags to sell.
I took profits and have buy orders incase we dump.

[Anonymous No.52371874]

>>52370932
What was the retarded company again that put all their money into BTC?

[Anonymous No.52371880]

>>52371165
Anything in there about non US equity?

[Anonymous No.52371889]

>>52371328
I miss the days when Morgan Stanley EM advisories were freely available online.

[Anonymous No.52371893]

>>52371874

[Anonymous No.52371895]

I would like to remind you that in the span of about two weeks the odds on 50bps next month went from like 12% to 80%

[Anonymous No.52371898]

>>52371718
3 months.

[Anonymous No.52371921]

>>52371895
Dumb animeposter

[Anonymous No.52371923]

>>52371874
MicroStrategy by Michael Saylor, one of the biggest shills of crypto on mainstream TV, who took $2b loan to buy Bitcoin above $30k and since then is trying to pump his bags desperately.

[Anonymous No.52371926]

Anyone have the chart with the monthly boomer divvie stocks? I want to take a closer look at it.
Also, wtf is up with the Brave browser and not letting me post? Is it because I talked so much smack about shit coins?

[Anonymous No.52371933]

>>52371385
Shit some people on there regularly paying with interest. Could be easy money. Work them a bit then ask for a loan and ghost

[Anonymous No.52371939]

>>52371926
>Brave browser
Enjoy your botnet

[Anonymous No.52371941]

>>52371895
*2 days

[Anonymous No.52371958]

>>52371926
Are you on Win7? My posts from my Win7 computer do not go through anymore. Started happening a few weeks ago.

[Anonymous No.52371983]

>>52371926
This one?

[Anonymous No.52371992]

>bone in chicken thighs have reached the same price of boneless chicken breast
How the fuck do I invest in chicken futures to hedge against the rising cost of tendies?

[Anonymous No.52372010]

>>52371642
lmaoing at institutions accumulating all that shit b4 the retard pump

[Anonymous No.52372047]

>>52371642
anyone who uses volume sideways is a subhuman, no offense :)

[Anonymous No.52372072]

>>52371939
recommend a more constructive one, faggot.
>>52371958
>Are you on Win7
No. Shit just started this morning.
>>52371983
That's the one, thanks Anon.

[Anonymous No.52372103]

>>52371992
It's unironically price gouging my man, they'll price it at whatever retards will pay for it. Tell me why whole milk yogurt is so hard to find but they can get all the flavors and derivatives of whole milk. It's all such bullshit.

[Anonymous No.52372120]

>>52371992
I buy chicken legs at 99cents/lb.
If they cost more then I don't buy.

[Anonymous No.52372131]

SWK, one of the few proud Dividend Kings, is still crashed. But Why

[Anonymous No.52372135]

>>52372120
I'm not that poor anon

[Anonymous No.52372149]

>>52371992
>>52372135
Based athletic girl enjoyer.

[Anonymous No.52372156]

>>52371992
>>52372120
Price of bullshit eggs has gotten high enough that I've just started buying cage free organic instead. I refuse to pay more than 1/10th an hour of work for 12 mceggs.

[Anonymous No.52372170]

>didn't sell before close
>can't sell before the monday dump
Oil save me.

[Anonymous No.52372184]

>Make the rumor sell the news
https://twitter.com/rafaelshimunov/status/1591133819918114816

[Anonymous No.52372185]

>>52371022
>june rally lasted for 2 months to august
>october rally started only 3 weeks go

[Anonymous No.52372192]

>>52372170
If bitcorn goes up on this weekend its dumping on monday.

[Anonymous No.52372275]

>>52372184
While it's funny to think that, all of healthcare took a shit today.

[Anonymous No.52372280]

The death of crypto is incredibly bullish for stocks. There are billions and billions of dollars frantically trying to get out of crypto and looking for alternatives. This will start the next bull market.

[Anonymous No.52372325]

>>52371439
fuck FTX I had no idea it was that, kosher. literally just as bad as wework. seqioua and alameeda and hell even softbank are so fucking bad its obvious they are scamming everyone all the time and claiming it was a bad business decision

[Anonymous No.52372329]

made some oc after reading about market psychology.


basically you are the one who makes the rules to yourself. no rules = random impulse gambling = not easy to get consistent results. so you need to build a structure for yourself.

i know i need rules etc to fight off all the impulse i have. picture is pepe safely trading within his framework.

[Anonymous No.52372336]

>>52372275
Still funny

[Anonymous No.52372343]

>>52372329
My rule: dont buy shitty companies with big debt
that's all.

[Anonymous No.52372358]

>>52372329
Did you know that within every asset class and every active trade, 2% is the ideal amount of money to risk losing on a trade? Set a stop loss and stick by it.

[Anonymous No.52372367]

>>52371165
Where do I find these reports

[Anonymous No.52372388]

>>52372329
I have made rules for myself, then imposter syndrome'd myself into not following them. Missed out on a lot of gains that way.

[Anonymous No.52372403]

>>52372280
There is no money in crypto. Anyone who has blockhain wallet hold exactly that, some collectible tokens. For people who hold crypto to get out of the tokens, there must be a buyer and there is no government entity waiting to exchange it for you.
In other words, it's a zero sum game. For someone to get out of the crypto, there must be a person who chose to get into it instead of stocks.
Kinda weird that people often forget that. Same applies to stocks. The number you see in your account is misleading, as you aren't holding money, just financial instruments.

[Anonymous No.52372405]

>>52372329
Based

[Anonymous No.52372429]

anyone have the graph showing where federal reserve governors sold?

[Anonymous No.52372441]

>>52372329
>YEAH BRO JUST STICK TO THE HECKIN RULES, KEEP A TRADING JOURNAL, AND CONTROOOOOOL YOUR EMOTIONS!!! HAHA THAT'S THE KEY!

[Anonymous No.52372447]

>>52372429
Very anti-semitic request, but I'll comply

[Anonymous No.52372450]

>>52372403
>you aren't holding money, just financial instruments.
I'm going to make a 200 IQ post and claim that currency, even physical money, is a financial instrument

[Anonymous No.52372453]

>>52370946
I bought calls on TBT. again.

[Anonymous No.52372464]

>>52372450
It's also legal tender, which is the crucial difference.

[Anonymous No.52372488]

>>52372403
you own an underlying with stocks and bonds.

[HARBINGER OF THE MELTUP No.52372493]

>>52372047
>t.

[Anonymous No.52372504]

sold $20k of stocks today

[Anonymous No.52372511]

>>52372192
Bitcoin could literally dump and then dump some more kek.

[Anonymous No.52372512]

>>52372403
Crypto is a competitive asset class to stocks. People not wanting to buy any more crypto with their real money and demand in crypto crashing creates a demand for an alternative investment ie (tech) stocks.

[Anonymous No.52372518]

>tfw been DCAing SPY since mid-2021
IM SO FUCKING CLOSE TO BEING IN THE GREEN AHHHHH

[Anonymous No.52372520]

I am up 11% on SOXL, what the fuck happened the last few days?

[Anonymous No.52372530]

>>52372488
When you keep stock, then you need to find a buyer to exchange it for money. That's the point of my comparison. As for bond it obviously works in a different way and is much less risky if you didn't get a shitty one where there is a significant risk of default.

[Anonymous No.52372534]

>>52372343
im terrible at FA. gonna learn some quickish method to see that i dont buy absolute dogshot.
i watched skhrelis videos but forgot most of it already. it was good stuff though.

>>52372358
yeah i use a similar amount. the big issues comes to buying right with tight stop.

>>52372388
yes i got losses impulse buying and not doing what i had already figured out earlier. its smaller gains but way way way less risk.
thats why im gonna write a paper with all my rules and keep it near to read non stop till its in my brain permanently.

need figure out all the rules first.

>>52372405
ty. tempted to make it into "you have been visited by safetradings pepe meme" but dunno are those bans nowadays.

[Anonymous No.52372537]

>>52372518
What's your average?
Also why didnt u sell when it went up to 429.99?

[Anonymous No.52372542]

>>52372518
You are almost there bud!

[Anonymous No.52372543]

>>52372512
Oh ok, I see your point now. Thanks for explaining.

[Anonymous No.52372558]

>>52372441

Now, when a trader doesn't understand market behavior well enough to
know what he is going to do and under what market conditions he is going
to do it—but if at the same time, he is very attracted to the action and the
opportunities he knows exist and if he is also impatient with the learning
process—his impatience and attraction will make him feel compelled to do
something, even if he doesn't know what he should do. How do you think
the typical trader will resolve this dilemma? He will play follow the leader,
rationalizing that everybody else is doing something and, furthermore, all
these people waving their hands and screaming can't be as afraid and
unknowing as himself, so they must know what they are doing or at least they
know more than him. If he does what they do, or better yet, identifies the most
successful trader and does what that trader does, then he too can make money.
This type of rationale creates a herd mentality (extremely prevalent on the floor
of the exchanges), where most everyone is looking for direction, assuming
everyone else must know something they don't, otherwise why would they be
doing anything.

[Anonymous No.52372562]

>>52372530
There are market makers paid to trade the stock at certain ranges though.

[Anonymous No.52372564]

did bosses boss bro get fired today?

[Anonymous No.52372580]

Gents, how does one go about viewing more than 10 "top losers", especially live, on the TD Ameritrade site? What do y'all use to see live market trends and all that kind of thing? Shouldn't the TDA website have everything needed, and maybe it's just alluding my detection thus far? Otherwise, I am aware of the Finscreener from the OP, but generally like to minimize the number of resources being used in the name of Zen.

[Anonymous No.52372605]

>>52372329
>Chad reminder we could be better traders poster
>>52372441
>Chud broke virgin gambler

[Anonymous No.52372662]

i have to reply to some emails

[Anonymous No.52372665]

>>52372562
Didn't help Wirecard I guess kek. There is always a risk. Can be cooked books, collapsing dam killing hundreds of people (VALE) or company turning out to be a fraud (Ehang). Stocks are always risky. Some more than others of course and diversifying helps to mitigate the impact of random events.

[Anonymous No.52372693]

>>52372537
405

[Anonymous No.52372718]

>>52372537
It's gotta be the result of the "tImE iN tHe MaRkEt" brainwashing

[Anonymous No.52372735]

>>52372693
You could have sold several times,why didnt you?

[Anonymous No.52372756]

>>52372735
selling stocks is un-american

[Anonymous No.52372760]

What are some /biz/ approved CEF's?
Recently bought int DNP

[Anonymous No.52372768]

>>52372580
Looks like you have to make a stock screener using price change based on percentage. Then sort by descending. Of course you will have to add a few more filters in otherwise just absolute shit is at the top.

[Anonymous No.52372796]

>>52372768
Yeah i was gonna respond to him, but he's just lazy for not tinkering with screeners to get what he wants. It's all there. Google terms you dont know.

Screener is how I found LEV

[Anonymous No.52372818]

>>52371439
Kino format indeed, pretty enjoyable watch.

[Anonymous No.52372829]

>>52372796
The TDAmeritrade screener page is shit anyway. Should just use something else easier to look at and will auto update.

[Anonymous No.52372872]

>>52371621
You are thinking of an exit. This is not the purpose of a stop loss. A stop loss functions as a pain point after which you are protected from further losses.
>>52371321
This is a feature not a bug. You can always re-enter.
>>52371348
This is a novel concept to me. Can you use
vtos on TOS? I'm intrigued.
>>52371439
Great stream, who the fuck is this weirdo?
>>52371534
nobody knows but vol will print imo

[Anonymous No.52372904]

>>52372558
This is interesting. I definitely "have no idea what I am doing", but I also have not been watching anyone, or "educating myself" or all that kind of thing. The situation I have found myself in was my son getting into a stock program as a bonus part of something else, and needing help making his picks. So, I just looked over the list of about 120 edibles, all from the S&P, started looking at interesting ones according to the one number I learned anything about, the P/E, and seeing what their curves looked like at various zooms. His buys were made in Feb 21 and every one of them is up so far, even YTD, despite my seeing that the S&P itself is down YTD, so I figure the method I used was at least half way decent, plus a certain amount of "luck" in the blend. Anyway, I didn't follow any herd nor even a "guru" of any sort, but now I am interested in trying it out some for myself and am seeking a bit of education, etc.
>>52372768
Much appreciated, fren. If you are willing to point me towards the knowledge of what filters might be useful that would be a blessing, but thank you for the plenty you have shared as it stands.
>>52372796
No, I found the screeners but none of the filters jumped out as terms I understood to be what I was looking for. I am a bit of a rube and doing the best I can with the few reasonably functional brain cells I have left at this age after this life. Well, I reckon you are right after all considering the Googling terms I don't know, but at that point I wasn't yet absolutely sure I was even barkin' up the right tree with screeners.

[Anonymous No.52372916]

Anyone know what happened to that anon who had a meeting with his boss and boss's boss today around lunch time? I didn't see a follow up. I was busy, but curious as to the result.

[Anonymous No.52372934]

>>52372904
The best filter would be to add a market capitalization minimum. At least $1b . The higher the amount the less likely it is to implode 90% of its value in a year.

[Anonymous No.52372939]

>>52372916
He hasnt made an update yet.

[Anonymous No.52372942]

>>52372916
This is the real story for today.>>52372564

[Anonymous No.52372953]

>>52372796
>>52372768
Probably a 10m mcap and 300k average volume is a decent filter

[Anonymous No.52372962]

>>52372904
>edibles
*eligibles, the Chrome auto got me there.
I do not do drugs even though it might look that way. I did though, a long time ago. Mushrooms, LSD, and peyote.

[Anonymous No.52372964]

>>52372904
You probably want to add like a market cap filter, or a overall price filter. To get rid of the penny stocks that are up 9999.00% and stuff like that. I don't know what else you might be looking for, but that one would be a requirement. Otherwise you will be trying to see the top movers of ~5000 stocks and 95% of them are trash anyway.

[Anonymous No.52372975]

>>52372934
Oh man, bless you, that strikes me as very worthwhile info.

[Anonymous No.52372987]

>>52372280
Its a sucker's rally, all that money is going to evaporate when the recession/depression kicks off next year, which is pretty fucking soon

[Anonymous No.52372990]

Is Tesla still overvalued?
Will elon dump more bags?

[Anonymous No.52373048]

>>52372964
>95% of them are trash anyway
Yes, I have been using the Top Losers list at Google Finance to just check things out periodically and see what I can pick up from the little bit of data and seeing their graphs. My son's program requires relatively long term, he gets to make one sell and buy each year (already done sell/buy, just applied for the 2nd), but I am wanting to get in on some of this "day trading" style action, or something a lot closer to it. I figure there might be some buys I make that I wind up having to wait a while longer than intended and that kind of thing. Anyway, I'm just including this so y'all have an idea of where I'm trying to head. I will be starting out with a very meager sum as I have been not too far from utterly destroyed by life a few times over the decades. I will never sell bussy though no matter how bad it gets.

[Anonymous No.52373064]

>>52372904
its from mark douglas first book the disciplined trader. great stuff so far. it wont give a method or a system but more on the psychology which is very good to learn.

i think your own method is more what suits you and comes from experience.

[Anonymous No.52373188]

>>52373064
>own experience
Well, so far all I have done is pick 2 stocks (son picked one, 3 total), watch them for a year, then pick one of those to sell and another to buy, watched those for a year, now just picked one of those to sell and a new one to buy, and those must all be kept until June when the program ends.

So, I have watched the daily fluctuations on those, and just tried to get a feel for the ebbs/flows and such, which includes keeping panic in check, and that kind of thing. Every now and then I have spotted things in the trending ups and downs outside of those stocks, and I've done a lot of looking at curves at various zooms. That's pretty much it. I have watched some opportunities go by that I knew I would have taken if I had my own account, and they proved out pretty well. I just got the TDA account today to use the paper trading sim. I will need to get a way to fund it, I can't have a bank acct.

[Anonymous No.52373210]

>>52372990
Tesla has been overvalued for like a decade bro.

[Anonymous No.52373213]

70% VOO
30% JEPI
Use the JEPI throwoffs to fuel your options addictions or for fun or to just reinvest into individual stocks.

Never sell.
You will win long term.
Its that easy.
DCA over the next 4 months.

[Anonymous No.52373260]

>>52372329
The things ive learned and would tell newer traders are Screenshot rule vs let your winners ride I've gotten very good at but it is a delicate balance you will get the feel for

Always keep a cash position available for opportunities

3 day rule/give it some time(wait after a major move or catalyst to play a theory) is the one I constantly realize is true and I get too excited and enter early.. I did it again and bought puts too early today instead of just waiting until close or maybe even Monday to buy puts

Basically all of them boil down to patience and avoiding greed

[Anonymous No.52373262]

>>52373188
honestly you should just be looking at thematic equity ETFs that buy a bunch of stocks. pick the ones you believe in
it takes a lot of effort finding 100 good individual companies to properly diversify

i have only 5 stocks directly invested in via screeners which is only 10% of my portfolio
the rest are in broad market funds or thematic equity

[Anonymous No.52373300]

>>52373260
Oh generally avoid short dte options and playing earnings at all. Buying long dte options at good entry points is extremely based if your thesis is sound. Generally stick to playing indexs instead of specific tickers and I've probably "lost" (missed out on gains) more money from selling calls than I've ever made in premium from them.. selling calls seems like a Jewish scam most of the time

[Anonymous No.52373370]

This whole crypto fuckery on top of the railroads strikes happening and food/diesel shortage will erase any gains made this week on stocks. Nasdaq will take a -25% hit soon

[Anonymous No.52373381]

>>52373370

[Anonymous No.52373382]

>>52373300
>selling calls seems like a Jewish scam most of the time
Look at the buy price of an ATM straddle. This tells you where the market is expecting the price to move by the expiry date. Then just sell options one or two strikes further from that. Very safe, and depending on the stock might actually be worth a few $$. This is what I'm going to do with my WMT shares from work once I get 100 (currently at 70). Conservatively, I should get something like $600-800 a year if done right (against a cost basis of like $12000). That's like a soft 5% dividend if you're not greedy with the options

[Anonymous No.52373390]

>>52371276
Do you think the Saudis oil will come under attack this week?

[Anonymous No.52373391]

again, glad i got out of TSLA puts when i did even though it was a day early. seems like it wants to hang onto something rather than falling some more. monday might be another green day, but surely tuesday will be where the bear market continues. so if monday looks right, i'll either buy more puts before close or right at open on tuesday. i'd like to short other tech stocks but i've been so busy with overtime at work (gonna wage tomorrow too) i haven't been able to pay attention to my charts. anyone shorting MSFT or INTC? is that one anon right about META and GOOG?

[Anonymous No.52373418]

Ive made up my mind, im long vix @ 21

[Anonymous No.52373423]

>>52373213
What's the appeal of VOO? It tracks S&P, why not just get SPY? They're both down like 16%. I'd rather get a metals etf or something right now

[Anonymous No.52373428]

Is SOXL about to go back to $20?

[Anonymous No.52373440]

>>52373262
Bless you, I screenshot these advises, and certain others I see like the one right above and below yours.
>>52373370
Not to mention "the Mississippi river she's a goin' dry". And them big lakes out west! "Preacher man says it's the end of times..."

[Anonymous No.52373441]

>>52373260
thanks. what do you mean with the 3 day rule? hold 3 days before doing anything?

[Anonymous No.52373472]

>>52373381
Its true. Even truck freight is feeling the pain

https://twitter.com/WallStreetSilv/status/1591186029012451328

[Anonymous No.52373479]

>>52373391
I think the price hung around because of the standardized charging plug deal.
The price seemed to halt the downward momentum from the first time I saw that report earlier today.
https://www.msn.com/en-us/money/companies/tesla-officially-makes-its-charging-standard-available-to-other-companies/ar-AA140VqA

[Anonymous No.52373488]

>>52373382
The market is always wrong and thats why buying smart calls and puts is always better than trying to pick up pocket change in premium before a fucking autistic 7% qqq day or whatever bullshit fake tweet pumps the stock 20% in two minutes. Selling options is garbage. Every single ATM straddle on Monday was sooooo astronomically fucking wrong by Thursday this week that pretending like the markets are intelligent is just fucking dumb to say. Price action is volatile as fuck and that's great for buyers and terrible for sellers. It's just a big casino and taking a risk with $30 pocket change to make 300% is infinitely smarter than taking a risk with 100 shares to make $30 pocket change

[Anonymous No.52373492]

>>52373440
I thought that shit with the Mississippi river was fake, its real?

[Anonymous No.52373499]

>>52373428
Unironically, yes...
And I already sold my calls for just a $5 profit

[Anonymous No.52373523]

>>52373423
management fees on VOO are lower

[Anonymous No.52373541]

I will be shorting UAE based companies

https://www.zerohedge.com/commodities/foreign-owned-farms-draining-southwest-aquifers-feed-cattle-overseas

[Anonymous No.52373554]

>>52373441
Okay so here is a tangible example. META dumped OCT 26. Everyone here laughed and shit on it like retards. I viewed it as oversold (7-8 p/e profitable company). Instead of buying calls immediately after the 30% dump I waited for a few days to see it really bottom put and then bought calls and made some easy $. If I was more patient I could have made alot more but realized gains for clicking on lines is hard to turn down sometimes

[Anonymous No.52373563]

>>52373523
That's because Vanguard is headquarters in the relatively less expensive city of Valley Forge, PA. Their costs are lower. I grew up near there.

[Anonymous No.52373570]

>>52373441
>wait 3 days after a major move or catalyst
His example was after the major green dildos yesterday, he should have waited until Monday (3 days) before he reacted (bought puts) to the action.

[Anonymous No.52373610]

>>52373492
It's real. Basis along the MI river was over a dollar in a lot of places due to not being able to transport the grain.

[Anonymous No.52373618]

>>52373382
>Look at the buy price of an ATM straddle. This tells you where the market is expecting the price to move by the expiry date. Then just sell options one or two strikes further from that.
That's not how options work. Volatility isn't some binary positive/negative range. It's a realm of possibilities, weighted by likelihood.
Selling options at some OTM strike is usually better than setting some GTC sell order at the same strike and waiting to see if it's hit, but setting sell orders like that is pretty inefficient in itself. A more competitive method is to run a trailing stop, and ride any momentum waves as far as it'll take you.
Even if there's a mere 10% chance of a move that takes the stock above your strike, the option is likely so cheap that such a move would send that option flying 1000%. Instead of pocketing $1/share in option premium, you could've used a stop loss to gain an extra $10/share, if not more.
Then there's the fact that options limit you to arbitrary points in time. Oftentimes, partially due to the influence of options activity itself, stocks will experience a big move halfway between monthly options expirations, only to reverse the entire move before the expiration actually happens. The option expires worthless and you collect $1, but you've missed out on a massive move that you could've sold near the top and re-entered off of. Even a GTC order would've caught such a move and given you SOME decent profits.

Of course, you might be content with $1, but even that dollar isn't really free. What you've actually done to your position by selling covered calls is create this asymmetric risk/reward scenario, where you hold unlimited downside risk, but capped upside. Your stocks that become winners will be called away from you, while you'll baghold losers that never quite pay enough premium to justify rolling them.

Don't fuck with covered calls unless you know what you're doing.

[Anonymous No.52373619]

>>52373423
They're the same except:
>VOO has lower fees
>SPY is better for options trading
VOO is for long term.

[Anonymous No.52373622]

>>52373492
Yep, there's been difficulty gettin' barges up and down it for the last however many weeks at least (I can't recall exactly when I read the first report of that). They had to do some diggin' to deepen some spots...how long is that method gonna work for 'em until the droughts end, *if* they end? Western megadrought that started in 2000 is predicted to spread eastward in the latest NOAA report.

[Anonymous No.52373624]

>>52373428
Imagine not breeding that girl

[Anonymous No.52373632]

>Friday night
Why are you here?

[Anonymous No.52373656]

>>52373440
See here's the thing about the end times; it's always the end times. The end times never actually "end" for us sinners, they just stretch on for eternity in a constant stressful anticipation. It's the old Sword of Damocles story, and the only trait God has in greater measure than a sense of humor is a love of cliché.

[Anonymous No.52373682]

>>52373632
I am stuck on dark force in phantasy star 2 and don't want to grind it out right now

[Anonymous No.52373684]

>NRGU up 263.65% YTD
>OILU up 202.94%
>TTT (short 20Y treasury) up 170.07%
Interesting that an inverse bond etf has performed so well

[Anonymous No.52373694]

>>52371061
for a position that is actually a winner but was volatile, using a consistently tight stop-loss will get you stopped out more times. each of those is a tiny loss that counts against the eventual win.
but, assuming a position is a winner is stupid. that's literally, causally backwards. so, it's not a very useful phrase or anything. it has no basis in reality. it's just a kind of anecdotal missive.

[Anonymous No.52373695]

>>52373632
>poor
>stress
>drink

[Anonymous No.52373701]

uranium

[Anonymous No.52373720]

>>52373554
okay interesting. thanks

>>52373570
ty

[Anonymous No.52373721]

it was the best of times. it was the worst of times.

[Anonymous No.52373723]

>>52373610
>>52373622
Well shit, thats really bad. Guess the depression is slowly happening already.

https://youtu.be/XiOeJD36UTQ

[Anonymous No.52373725]

>>52373618
The only way to sell options that is worth a damn is to short yourself which is inherently kind of retarded. If I had SOXL today I would have sold 14 dte $12 calls for a massive premium (I think this rally is bullshit)

Selling is overrated as fuck. I consistently make money buying smart long dated calls and I've been fucked selling more times than I want to think about

[Anonymous No.52373752]

>>52373624
>girl
That fellow is just an actor, he will never be a woman.
>>52373656
Jesus just said to always have the lamp oil supply and be ready no matter when we are. It's *supposed* to always be end times. I don't consider the anticipation to be stressful. I think it it's stressful then there are other peaces (intentional msp) to the puzzle missing.

[Anonymous No.52373756]

>>52371534
Based on how today was a crab upwards I think market makers are trying to trap exit liquidity and will crash it sometime next week

[Anonymous No.52373778]

>>52373632
I just finished a festival and I'm checking on /smg/ because my jewfu is bleeding out of her disgusting bloody hole so what else am I supposed to do

[Anonymous No.52373792]

>>52373624
Hot zoomers literally won't let you breed them. Every hot girl now is so fucked mentally that they will 100% abort your kid even she gets pregnant. They all do so many pills and drink so much the kid would have autism anyway

[Anonymous No.52373817]

>>52373756
We'll probably see some short term volatility, and a general upward movement (fund managers will be desperate to post any positive results for the year). Fundamentals haven't changed the Fed hasn't reduced or slowed rape hikes yet. Reminder that once they do, it'll start to get ugly. I'm going to long VIX for the summer

[Anonymous No.52373824]

>>52371268
Everything he said was correct and in line with valid English. He just doesn't respect capitalization and punctuation rules like most phoneposting zoomershits.

[Anonymous No.52373834]

SWPPX - S&P 500 tracking. 0.02% expense fee. No minimum investment required other than cost of one share, which today is $62.00.
0.86 annual divvy. Performance wise its neck and neck with the index in general.

[Anonymous No.52373841]

>>52373618
>bro just time pumps and dumps
>it's impossible to take profit so you'll "miss out"
>what is crab and weak moves, everything will just fly away on you!

[Anonymous No.52373891]

>>52373834
>Performance wise its neck and neck with the index in general
If it wasn't I would be pissed because it is supposed to track the shit & pee. What is your point?

[Anonymous No.52373892]

>>52373618
>dont fuck with covered calls
lol that's the least risky option strategy though

[Anonymous No.52373904]

>>52373891
not necessarily. im canadian and i purposely bought my sp500 index in CAD unhedged cause i knew if the market crashes globally USD goes up. when sp500 was down ~30% my etf was down only ~11% due to the huge USD performance

[Anonymous No.52373912]

>>52373817
>fundamentals haven't changed
Agreed. They are fucking garbage
>general upward movement
Fucking why? A week ago blue chips were getting heemed 30 fucking % to 52 week lows with trash guidance and earnings.. Jeff bezos crying recession and Elon/Zuckerberg laying off tens of thousands of people in a panic and less than a week later you niggers think we are supposed to keep pumping after a 10% autism pump

[Anonymous No.52373931]

>>52373912
Them laying people off is bullish

[Anonymous No.52373936]

>>52373904
But this one basically mimics it. I'm just wondering why they shared that mutual fund ticker.

[Anonymous No.52373938]

>tfw you will never be jewish

[Anonymous No.52373948]

>>52373931
Payrolls tanking cause the market to tank eleven times out of ten.

[Anonymous No.52373963]

>>52373725
>Selling is overrated as fuck
Selling covered calls (or puts) is actually one of my major strategies, but it's important to understand what you're really doing.
It's not just about skimming some income off the top. It's a bet that whatever you're holding won't move lower. It's really important that you holding has limited risk of going lower. If it goes higher, fine, but if it goes lower you get fucked. Also, selling far OTM calls is generally kind of shit because if you're that confident something will go higher, you'd usually just rather be long. If/when it finally does move, you'll be caught off guard.

>>52373841
You don't have to time it. It's priced in (assuming the option is fairly priced). That's my point. You just set the order and forget and your expected gain will be similar to the option. Difference is, you're no longer tied down to a potentially wide bid/ask spread if you change your mind and wanna close out, like you would be with an option.

>>52373892
It has the highest opportunity cost.

[Anonymous No.52373988]

>>52371165
I don't know what all of that means, but wish I could subscribe to your newsletter. As someone who doesn't really know anything other than looking at curves and trying to keep a pulse on global situations, my main plan is to get an account ready to buy some stuff when a huge crash happens sometime maybe between Jan and July of 23. It seems to me that you can just kind of look at the curves and see that any rallies/rises happening now are just bonus during the calm before the storm. I'm sorta surprised there's even this much of a ceiling.

[Anonymous No.52373996]

>>52373892
>>52373963
I said it before and I'll repeat myself.. risking lunch money for huge gains is a better strategy than risking 100 shares for lunch money

Why would you long anything in this market instead of swing trading? Covered calls are shit.

[Anonymous No.52374005]

>>52373938
At this point it's not even him being Jewish, how the fuck did all the "pro's" get hoodwinked? Oh right, because all this shit is made up and nobody knows what is going on.
>t. Negrodomus

[Anonymous No.52374006]

During this wild ass week my account only moved up like 1%, at least I am back to a profit on the year

[Anonymous No.52374025]

DXY worst day since 2009

[Anonymous No.52374030]

>>52374006
The last two days got me into the six figure club.
>t. Negroesquire.

[Anonymous No.52374044]

>>52374006
Just remember, you could be like this anon.
kek I think this is scoops' portfolio. I should name these when I save them.

[Anonymous No.52374062]

>>52372429
>All this options autism
Futures is the future

[Anonymous No.52374066]

>>52374005
>because all this shit is made up and nobody knows what is going on
This, to a very large extent. A lot of those people are really just FOMO, they think the "young genius" is making the new ways and there's always at least someone who will try to ride it so they seem like they are on the cutting edge and hip and all that. Then others see that momentum building and jump on too. The sportsball stars were even easier to trick into it. Lemmings the lot.

[Anonymous No.52374081]

>>52374044
name them for how they managed to lose the money

[Anonymous No.52374083]

>>52373684
Bonds have been heemed

[Anonymous No.52374106]

>>52374081
Oh good idea. I'll start doing that.

[Anonymous No.52374124]

>>52374044
Scoops doesn't trade options and that portfolio got mega heemed on an options play

[Anonymous No.52374126]

>>52374106
>>52374044
why do people play options?

[Anonymous No.52374139]

>>52374066
> Lemmings the lot.
Lemmings or not, they are all pulling the fuck out of crypto and dumping into equities. I also wouldn't be surprised if the same crypto fags that laughed at precious metal chads are now suddenly buying oz's bars with whatever they can get out of the exchanges. Fun little game of trivia, who has ever gone bankrupt hoarding a pile of gold?

[Anonymous No.52374163]

>>52374126
The multiplier effect. I want to get into options but I suck at math and losing my shirt over night doesn't sound fun.

[Anonymous No.52374165]

>>52373390
no ideia, i will only care when i ear news of their king being sick or something

[Anonymous No.52374183]

>>52374139
>all pulling the fuck out of crypto
The ones that are able to get their funds back out maybe. There's probably a good many of them that get nothing but maybe a thanks for playing NFT if they are that lucky.

[Anonymous No.52374192]

>>52374183
>thanks for playing

[Anonymous No.52374198]

>>52374124
You might be right. I wont label that one.
>>52374126
Here is a SOXL loss. AVG cost $53.16 Price at the time $15.91 ouch

[Anonymous No.52374200]

>>52374126
Leverage. Long dated options are effectively leveraged shares at a discount. 60+ dte options are a based part of any portfolio. Most loss porn is retards buying short expiration dates or dumb strikes at dumb times

[Anonymous No.52374218]

>>52374126
Big gains if you're right

[Anonymous No.52374242]

>>52374200
cringe

[Anonymous No.52374246]

Baking.

[Anonymous No.52374249]

>>52374163
It doesn't have to be stressful if you aren't greedy.

12/9 $11 put soxl was 63 dollars at close. At most you lose 63 dollars. Literally last week it was worth $335

[Anonymous No.52374278]

>>52372872
>Great stream, who the fuck is this weirdo?
Old hedgie from the 70s, still works at the same company I think. Doesn't talk about trading strategies or where SPY will be in a month or shit like that, it's all marcro which is a breath of fresh air. His "how to beat China" was a good one if you're into semis.

[Anonymous No.52374298]

>>52371046
I'm still leaning into thinking that the PPI is going tamper down the rally and we'll see a small dip. Got a nice benefit payoff from this week, but I'm selling a decent chunk of what I have on Monday.

[Anonymous No.52374333]

>>52374249
I guess my issue is I'm trying to bet against the house. I'm split between SKYT and WEED. I know I can play options if I actually believe in those stocks, but I'm too retarded to understand buying a put/call and selling a put/call.

[Anonymous No.52374339]

>>52371140
Looks like they were barely making moves after that loss. Maybe smart. Did a stupid thing and got a good ass-reaming from it; probably best to stop doing things until they read up a bit more.

[Anonymous No.52374371]

Yields...

The bond market was closed today so I am just gonna post Douki

[Anonymous No.52374377]

>>52374025
>tfw I'm only holding UUP

[Anonymous No.52374379]

>>52372441
I can feel the cope from here

[Anonymous No.52374383]

>>52374249
I'm too 3rd world for options, don't you need like 300k in interbrokers?

[Anonymous No.52374391]

Is VIX supposed to track volatility?
Was the market going up 5% not volatile or something?

[Anonymous No.52374408]

>>52374371
Red pill me on bonds

[Anonymous No.52374412]

>inflation has peaked
>oil is about to break 100
the peak didn't last very long

[Anonymous No.52374419]

>>52374005
>>52374066
thats what they want you to think, there is no way in hell sequoia doesnt know the game.
>sbf's mommy is elite adjacent
>sbf starts alameeda out of nothing to trade crypto
>starts FTX to facilitate his crypto trades
>somehow gets the usual suspects-seqioua, soft bank and others to front billions(thanks mommy!)
>takes investor money gives out tokens to them and to retail to bag hold
>(((invests))) the money he sold off in tokens back into the firms that invested in FTX
> (((somehow))) doesnt realize where the money has gone
its a giant scam

[Anonymous No.52374430]

>>52374391
volatility = uncertainty

[Anonymous No.52374441]

>>52374333
https://www.youtube.com/watch?v=p8HFOudTcIA

Super easy explanation, no strategies or anything, just education. Buying vs Selling Call & Put Options.

[Anonymous No.52374450]

>>52374126
I just took out calls on TBT because I think treasury yields are going to rise and I have no interest in actually owning TBT.
I think I have a decent chance of making money before the theta decay makes me sad. The important thing is that I only bought a small amount that I can amortize over months.

It's honestly not excellent though. It fucks with your margin, its simpler to just buy what you think in the sp500 is cheap and pays you and will go up.

[Anonymous No.52374460]

>>52374419
>no way in hell sequoia doesnt know the game.
Ok, fine Sequoia is in on it, but how did they scam the Ontario Teachers Pension, or Blackrock. And why would giant funds like those be ok with losing money hand over fist for (((them))).

[Anonymous No.52374468]

>>52374408
if a company goes bankrupt, you get paid before the shareholders do, you can invest in bonds for their return, or the appreciation of their face value as the market re-evaluates the bond's risk, and apparently some brokers will let you use crazy leverage for government bonds.

[Anonymous No.52374475]

>>52374408
Every bonds invert there is a recession

[Anonymous No.52374492]

>>52374475
Every time*

[Anonymous No.52374496]

yields have peaked

[Anonymous No.52374505]

>>52374391
>>52374430
I look at it in terms of divergence/agreement. Eg, everyone generally agrees on the price being upward from where it is now, so VIX is low

[Anonymous No.52374506]

>>52374419
I would guess that the people *in* on the scam are kept to the most bare minimum. Every extra mouth is another chance to spill.

[Anonymous No.52374508]

>>52374333
buying short term options are retarded and will lose you money, your best bet is leaps are selling covered options opposite of where you think the stock will go. For example if you think the stock will go up sell credit put speads. This means you sell a put then buy a cheaper put that will cover the put you sold in the event your sold put is exercised.
Either way if its your first time trading options you're in for some buck breaking

[Anonymous No.52374520]

>>52374391
https://www.investopedia.com/terms/v/vix.asp
its over 30 days we are nearing expirations and just passed the mark on last chance for anytime to dump/buy new things since there is less than 90 days til eoy. it was literally priced in and people are aligning things for next year. once vix hits 21 go long on UVXY or VIX. but if you want the "big one" of VIX to 40 you have to kill vol before it can go up and things take time. its not retail buying puts and calls dont trust the news. 1 million dollars doesnt mean shit on SPY

[Anonymous No.52374522]

>>52374441
Really appreciate this anon.

[Anonymous No.52374534]

>>52374333
If you are good at trading shares then there is no difference in trading longer dated options except you can make way more money with a bit more risk if there was a major swan event. This is minimized by adding more time, adjusting the strike or dcaing if that happens. Shares would be heemed the same way if the thesis goes the wrong direction but they don't have a time limit on them.

Basically the trick to options is not putting too many eggs in one basket at the same time and even if you were only right 50% of the time you will come out way ahead.

Just start with a $100 budget for options (I would say puts right now) pick a company you think is gonna eat shit and practice trading. Worst case you lose 30-40 bucks and you would be amazed how hard some trades can go in your favor really fast (you don't have to hold to expiry.. I never do)

If you are greedy or retarded tho you should never enable options (honestly you shouldn't be managing your own money at all.. but that's most people)

[Anonymous No.52374538]

Thinking about selling KO and MCD if we're out of the woods now.

[Anonymous No.52374562]

>>52374508
>Either way if its your first time trading options you're in for some buck breaking
Which is the reason I'm staying away. I get enough of a rush trading 10 cent swings on WEED, I couldn't imagine the feeling of watching my whole account get wiped out in one trade.

[Anonymous No.52374595]

>>52374534
>If you are good at trading shares then there is no difference in trading longer dated options except you can make way more money
But I feel like you're glossing over that a little bit. I can swing trade without worrying about my entire account getting wiped out.

[Anonymous No.52374600]

>>52374460
>>52374506
oh yeah for its just the big money that actually funded alameeda/FTX. SBF gave their own money back to them. the funniest part is the chinese outjewed everybody or CZ/binance is also part of it,likely, they wont even admit where their home base is to avoid any regulations. as far as canada and anyone holding FTT, FTX's rules were very complicated but if you own FTT you essentially own chinks version of stock or the equivalent of an equity NFT like that APEcoin amc bullshit. they specifically made it sketchy so that it would not need to be regulated as a share in the company. super fucking sketchy stuff but after all the different failures thats sequioa and softbank are involved in Im convinced they are "losing" money publicly over and over as a cover for hiding it through intermediaries bc how can they stay in business and convince retards to give them more money

[Anonymous No.52374605]

>>52374522
Got me cravin' a Bangs now.

[Anonymous No.52374608]

>>52374562
this one is subtle, I am impressed

[Anonymous No.52374615]

Made some good money this week, surprisingly
So, decided to make some spaghetti and meatballs, and open a bottle of wine for dinner
Cheers, /smg/!

[Anonymous No.52374616]

I bought 25k worth of SQQQ between yesterday and today

[Anonymous No.52374621]

Anyone here trade fututres?
I want to trade commodities like lithium without having to invest in chink LIT miners.
How do you start trading them and where would be a good place to learn

[Anonymous No.52374629]

>>52374534
Options should be part of your portfolio but not all of it as well.. set an options budget/start small just incase a nuke goes off in tel aviv or something. But maybe 10-20% of your portfolio once you are good at it. Doing them on directional trades on etfs is incredibly easy and much safer than picking a single ticker

[Anonymous No.52374631]

>>52374616
A little pre mature don't you think?

[Anonymous No.52374633]

>>52373996
YOu know you can write covered calls on things that arent extremely volatile right, and you dont have to write 1000 worth if you have 1000 shares. You can do a small amount.

You can write CCs at the peak if you want to continue holding but think it will go down. CCs are based. My family member has 20000 shares of CNQ from work and could make bank selling CCs on 1000 at a time, slowly getting assigned and selling for retirement

[Anonymous No.52374640]

>>52374595
Buying a call option limits your loss to the premium of the contract price. So, if you buy 1 contract for $50 premium, then your max loss is only that $50 even if the stock price went to $0.

People will buy stupid amounts and sell ridiculous contracts. Thats what ruins them. No risk management, they would lose that much by just trading shares too. It just might take them a little longer to lose it all.

[Anonymous No.52374650]

>>52374608

[Anonymous No.52374655]

>>52374595
>>52374629

Yeh that is key. It's an extra tool it should never be your whole portfolio. If a nuke goes off in tel Aviv your calls -100% but you can just baghold shares for a decade

[Anonymous No.52374673]

>>52374631
I dont know, its all fucking gambling. No body fucking knows what this jewish market is going to do besides shoah your bank account.

[Anonymous No.52374677]

>>52373963
And if the "priced in" move doesn't happen then you're better with premium. If you want to be a swing trader fine, but don't knock basic theta gang strategies if they don't work for you. If you can sense when a trend is running out of steam but not necessarily reversing then they can work well for you.
You seem to be approaching the whole subject as somebody who's mad they "missed out" or is constantly picking stocks that go flying in which case swing trading is better for you.

[Anonymous No.52374684]

Anyone know a way I can speed this calculation up? With sma, I can cache a rolling sum and it ends up being like 5x faster than wma. If I try to calculate hma, it's even slower (since it relies on wma). Bad feels

[Anonymous No.52374695]

>>52374640
nah they wouldnt, cause usually those who get buck broken by the market going the wrong way just hold and dont look at their account. with options that makes it 100% go to zero, with stocks it can easiyl rebound if it goes past the date you wanted to sell at

[Anonymous No.52374699]

>>52374595
But people will "swing trade" meme stocks and shitty penny stocks that crash hard and don't recover, so it really depends on what ticker you're doing.

[Anonymous No.52374713]

>>52374640
>Buying a call option limits your loss to the premium of the contract price
Isn't this just a hedge against a ticker going down? I was looking at getting into dividend farming, but an anon just told me the stock price goes down by the same amount as the div. How is covered calls not the same sort of thing?

[Anonymous No.52374726]

>>52374621
https://www.investopedia.com/how-to-trade-futures-5214571

https://www.nerdwallet.com/best/investing/brokers-futures-trading-commodities

This should be able to get you headed in the right direction and Youtube.

[Anonymous No.52374747]

>futures

[Anonymous No.52374751]

>>52374621
I don't trade futures, but I recently got approved for an FX and CFD account. Even so, it only let's me trade spot movement on select commodities (gold, oil, etc). For softs and grains, I'd just use an etf. The tricky part with futures is that lot sizes often cost $10,000+ starting capital

[Anonymous No.52374757]

test

[Anonymous No.52374764]

>>52374408
Thing I heard that I dig and will start doing is to take your emergency money that you have hanging out and put it into staggered 13 week bonds. Get a better return than some ol' savings account and won't have all of your money tied up for a year or something like that.

[Anonymous No.52374772]

Now that it's the weekend
>Trying to convince an investor to long me
>Apps seem brutally difficult
>Current strategy is to workout my fundamentals until January and then get new valuation pics done

What's the secret, what kind of data and readings can I put out there to attract a solid long-term investor female who isn't either kicking the tires or a low-value bid?

Also short New Delhi Television Limited

[Anonymous No.52374783]

>>52374713
>Isn't this just a hedge against a ticker going down?
No, that's a put.
If you buy a call, that's the same as going long. You want price to go up.
If you buy a put, it's like shorting and you want the price to go down. People buy puts as downside protection, and you don't have to deal with margin requirements.

Now if you write calls and puts on the other hand...

[Anonymous No.52374785]

>>52374713
Selling covered calls is different than buying calls, like I mentioned. By selling covered calls, you are giving the buyer the option to purchase your shares from you at the strike price.

Dividends are (basically) profit sharing from the company. Your shares are not at risk of being sold to another party.

[Anonymous No.52374786]

>>52374724
>>52374724
>>52374724
>>52374724
Grab a drink nigga

[Anonymous No.52374807]

>>52374633
If you have 1.5 million dollars of a 4% divvy stock it doesn't really matter what you do.. he could roll his face on his keyboard and trade like an absolute retard and make more money than 99.99999% of /smg/

[Anonymous No.52374808]

>>52374764
6 month treasury bills is the sweet spot on interest rate and time length. If you had to pull out for some major need sooner then there would be penalties of course, but you could re-invest the entire thing every 6 for compounding interest.

[Anonymous No.52374811]

>>52374783
>>52374785
Thank you anons for educating me, I am learning.

[Anonymous No.52374814]

>>52374595
he is glossing over alot, the best buys for stock is at support and the best sell is at resistance for options the most expensive buys are at support because thats the obvious play, but wait a moment or two longer right when it absolutely is about to fail or not and you get a great price but more risk. however if you buy on the way down near the bottom you can get calls at a good deal bc sellers want to get filled and you can be more demanding with your bid. when you go to sell them if you are OTM trying to sell at top will be less money then if you are selling OTM calls that are still on the way up bc the implied volatility is almost always higher than the realized volatility, UNLESS you are correct on the price action and you go ITM or theta has decayed so much and IV jumps way more to cover it. there are lots of little intricacies that make them different. for example the other day on the 2% move up during the end of october you could have bought 400c that were far OTM be up 200% by end of morning down 50% by mid day compared to the monring but still up 20% from the previous days buying but by the eod of the day when you were at 380's IV dropped even though it was 2% up and those very same options were only +25%.
https://optionsplaybook.com/
https://www.youtube.com/watch?v=8rt5BJyiDHA
https://www.youtube.com/watch?v=3ozMSJ6gxmw&list=PLgYHwe5oBb5D-YfN7NsmJN82F6Fsw6VL5
https://www.youtube.com/watch?v=dp0YTd4nOPk
https://www.youtube.com/watch?v=t7tJpp3f2Rs

stay away from options until you can trade equities. make a trading journal even of things you arent yet invested in and track them over time. how do you feel about it after todays movement, next week, a month later. etc. that will help you realize what is and isnt "real" also news is more of an excuse for things to head a certain direction anyway. get good it'll seem like the world is conspiring to make you money. I said NKLA would hit 3.50 while the founder was charged with fraud and was right

[Anonymous No.52374826]

>>52374684
Which lang is this? You should look into doing vector math operations so you can do all those math transforms in one shot. In python there's pandas/numpy which lets you O(1) do math on a series. Not sure what the equivalent in that language would be.

[Anonymous No.52374827]

>>52370946
Buy calls on red days retard.

[Anonymous No.52374830]

>>52374811
>checked
I like weekend /smg/ people can actually learn and discuss stuff.

[Anonymous No.52374843]

>>52374814
>make a trading journal
That I do have going religiously and it's helped me with swing trading more than anything else.

[Anonymous No.52374854]

>>52374608
My first thought is loss, but I can only recognize the last panel

[Anonymous No.52374856]

>>52374811
watch this video
https://www.youtube.com/watch?v=7PM4rNDr4oI&

[Anonymous No.52374950]

>>52374496
the market is currently disregarding how high rates are going to go, and how long they will stay there