Blackberry is going to be a good mover for the next year or so since they will be the sole secure mobile device for the health care industry as well as EV infrastructure. Pretty cheap right now. 5G infrastructure stocks are starting to see the rise
The preposterous portfolio and tumultuous trading thread (*At your own risk)
- Thread starter gonefirefightin
- Start date
Anybody else taking advantage of the black friday savings?, lol Not sure how long this trend will keep up but no complaints from me.
should I buy positions owned by the church then? asking for a friend.....
A little End Times investing? I *like* it!
I had a hunch this trend was going to happen before the santa slide and eventual correction but didnt think it would be this good. My options have been fire over the last couple days.
good!
I'm too stupid for options. I've been trying to learn, but my confidence isn't where it needs to be. Any good resources to learn, aside from Investopedia or YouTube?
Option alpha is prob the best place to start since most of it is free and you can get an idea if you want to chase it and go deeper from there.
Thats pretty rad of you, I dont think I have had any of my books since the 90's, I suppose they are all pretty much the same these days.
I'll take you up on that. Thanks.
I think I could get agreement though that options are a risky game and you have to be willing to take the LEVERED risk and corresponding potential losses. You can set up collars, floors, ceilings, and spreads for mitigating risk, but you still need to get an understanding of how the Greeks work. If you don't mind your volatility and time - especially how theta and gamma impact your position - you can unintentionally lose money in a trade that looks like it will structurally make money. On the surface they can look easy to understand. Covered call, covered put - easy peezy. But so much more to it than that.
You need to have time to trade options. If you're doing hail Mary otm flyer's, you need to be aware of the interim volatility and price fluctuations. If you're selling covered puts instead of using limits, you need to be mindful of your other investments, especially if you have that money invested in the interim (see using leverage). You also need solid nerves, because they will move exponentially vs. underlying.
Your know this, but most people need to before they get involved.
these last 7-10 days .... 
Buy the stocks for the long term, play the puts and calls in the short term (if you have the time of course)these last 7-10 days ....
My bots do the Crypto trading for me these days.
Will be interesting to see how this plays out
www.linkedin.com
Citadel Securities' systemic risk problem: They still haven't covered their GME/AMC short positions shhhhh (hush) and it gets worse....
(Boston) Recently Citadel CEO Ken Griffin appeared on a Clubhouse call with Marc Andreessen, with fintech wizkid Alex Rampell, where he discussed the latest installment of the GME saga. The call was strategically timed after a terrible year in which Citadel had incurred losses in the hundreds of mil
www.linkedin.com
This level of FTD accumulation is criminal and could very much cause systemic risk to the world financial system. If the blue chip long positions, (Tesla,Apple,Amazon), that are held by these funds are liquidated to pay off their margin calls or for NSCC buy backs, the market itself could see a catastrophic event unfold. Griffin casually evaded questions directly asked by Andreessen regarding the company's short position in Gamestop and AMC theaters. When this short squeeze happens, it could result in the greatest transfer of wealth in market history and the liquidation of a number of Hedge Funds that are valued in the trillions collectively.)
This. Exactly. (bold my emphasis)
This. Exactly. (bold my emphasis)
Just a waiting game and the longer it goes the more profitable it will get for the retail market.
since you and I last discussed in March I'm holding 4x and have averaged up slightly. Still in the green, even today.
SMH. Why are some Americans so scared of China? Are they so scared of the weakness of their own convictions and systems that people doing things differently are such a threat just by existing and playing the same game? (with Western rules, no less!)
That military industrial complex won't fund itself and deprive the plebes of an enhanced quality of life.
Apparently it makes for good trading
Just hurry up already, geez......
www.asiamarkets.com
In other news....
www.cnbc.com
Analyst says 'buy GME and AMC' before Evergrande crash | Asia Markets
A veteran credit analyst has encouraged holding meme stocks GameStop and AMC Entertainment ahead of what he expects will be a "financial meltdown".
www.asiamarkets.com
In other news....
BitMart says it will compensate victims of $196 million hack and restore trading by Tuesday
Crypto exchange Bitmart says it will compensate victims of the $196 million hack.
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When you have billions of seized drug monies to hide.....
https://www.vice.com/en/article/dyp7vw/the-cia-is-deep-into-cryptocurrency-director-reveals?utm_source=vice_facebook&utm_medium=social&fbclid=IwAR2NVaeyI_lPLHWmvyFRWck348DSTY9g4HSTypKcSRjJ7_nmB9PAxBPO-zw
https://www.vice.com/en/article/dyp7vw/the-cia-is-deep-into-cryptocurrency-director-reveals?utm_source=vice_facebook&utm_medium=social&fbclid=IwAR2NVaeyI_lPLHWmvyFRWck348DSTY9g4HSTypKcSRjJ7_nmB9PAxBPO-zw
hey I thought stonks only go up?
Santa slope has some curves this year. Been a great time to average down. Sounds like Gamestop is going to use loopring for its crypto.
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