What emotions do you feel knowing you guaranteed yourself losing money?
Dominic Diaz
Alright niggas I'm selling. Everything is pumping and bullbros are getting a too cocky which has served as a great local top indicator in the past. See you next week.
The dipperino was successfully slurped. Redditchads, we keep WINNING.
Zachary Sanchez
What's the downside to trading the wheel? You sell at OTM put with 1 month expiry, if your strike gets breached, and you get assigned, you just sell a call a week later that's ATM. The only way you can lose is if the stock takes a complete nose dive within that time frame.
Jack Carter
They might crab it for 2 hours then dump it 1 hour before closing bell for the CPI or pump it almost to ~$270 for 2 hours before dumping it. CPI tomorrow, I doubt many will hold over night.
Do I sell my calls before this CPI shit or is that just bear propo?
Aaron Wright
Surely there will be a dump before CPI data tomorrow morning giving us another dump to slurp. They won’t hold into bad inflation numbers, will they?
Jaxon Mitchell
This is funny because bulls can be cocky for years, whereas bear cockyness generally lasts for maybe a few weeks tops. Ngmi
Noah Reyes
Initiate diamond hands apes, only up from here.
Charles Hernandez
Someone look at FAMI and CEI and tell me if I'm insane or going to profit
Hudson Collins
>10 YEAR TREASURY BONDS OVER FORECAST
Tyler Howard
>1/24 lmao holy shit that day was brutal. I was in a dentist appointment at open and when I left, I checked my portfolio while I was in the parking lot and was down 9% on the day.
Alright what are the odds we get screwed for like the figth time in 3 weeks? Each time we pumped we dumped back down. Conveniently this pump is right before cpi data, a little too convenient. Got irritated and bought a bunch of calls....up 15%+ on some of them LOL even though I bought yesterdays top. Should I sell or hold?
Should I long meta? It could be the tastiest of slurps.
Jose Richardson
Why wouldn’t you just buy the dip?
Parker Rivera
literally thousands of dollars a day in gains? i'll take it you read the disclosure you signed where it says 3x letfs aren't meant for long term holds right?
Jaxon Fisher
the CPI report comes out at exactly tree fitty London time, faggot.
Someone's showing their cards ahead of CPI. That was one awfully bid 10yr sale. The $37bln 10yr auction held had really aggressive bidders willing to take bonds at 1.904% when they were trading at 1.926% before the auction. The aggressive bid implies the buyer thinks yields are too high ahead of tomorrow's CPI.
They think CPI numbers will be lower than expected. So market goes up. Clicks Back In The Closet.
Luke Lewis
>weed stocks Ugh sweaty? Take that back
Robert Green
literally my entire portfolio consists of daytrading SOXL.
Chase Roberts
No, I like to make money. Thats why i've made tens of thousands off soxl just in the past 6 months.
Xavier Jackson
DEBUNKED
Asher Sullivan
FB bussin fr fr
Thomas Wood
I had steak and eggs for dinner last night. It was delicious.
The wheel is a bad trade imo. Civilizationally speaking we've moved past its original form. Rubber futures might be better if you want to invest in the current market.
Nicholas Long
holy shit i'm no longer in the "78% of retail investor accounts lose money when trading CFDs" group
It’s over. It’s literally fucking over. This pump is so clearly fake. We will go to sleep peacefully tonight and wake up to our asses being raped. I’m out.
Camden Taylor
Will spy be above 457 on the 11th? Do you think iv will die down some so I can exit without taking a loss?
>X3 leverage ETF Because it magnifies both your losses and gains. That means that if ETF goes down 3% it will have to rise 9% to make up for your losses...
Brody Watson
WHERE ARE MY NUBROS AT??? it's impossible nobody here made a shitton of money with nubank today
Samuel Ortiz
>Get ready for the slaughter tomorrow. based on what?
Eli Walker
j-j-just t-t-two more w-weeks man, th-the inflation and r-rate hikes s-ssoon
Chase Wright
Yea he’s got it right except for the fact that when the stock drops and you get assigned if you sell a call below the put strike you got assigned at you are at risk of losing money being assigned on the call.
The main downside is the limited gain for the risk you are taking. You are in essence selling puts cause long stock short call is a synthetic short put position.
So let’s say you do this, the risk is the stock crashes you are on the hook for all of it and on the other side of the stock explodes way higher your gains are capped. From a risk reward prospective it’s not great but because of this the probability on the trade making money is fairly high.
Dylan Harris
That doesn't make sense. If the loss is magnified the gain should be magnified by an equal amount.
is UUUU still a good buy? I bought and sold a year ago and I'm afraid that the train may be dead
Luis Carter
You can if it fits your risk appetite and you don’t mind the chop chop phenomenon during high volatility times, which can last longer than you expect. Anyway, SOXL is too concentrated an etf (the underlying index) for me personally. If you really want to by a leveraged etf buy something like SPXL or a 2x S&P etf, much less chop chop there
The jews will cook the books. The fed is buying the markets
Juan Butler
i was really tryna get 10% today to make sure im staying ahead of inflation but shit got all crabby and gay so i closed my TQQQ calls and took some profits