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When I read that article, I came away thinking, "those criminals aren't sophisticated, you're just dumb". I feel sorry for those slaves though. Damn, those captors should be captured and shot.

Well, for one, you're not bound to all those silly rules, like PDT and uptick rules. Another plus is that you're not bombarded with 50,000 different stocks to choose from. Personally speaking, I like to specialize and focus all my attention on one instrument. I've always hated screening stocks...

Time Compression Time compression is all around us and is a direct result of how we see the world and how we see our place inside of it. Part of what you have to do is refocus your mind away from seeing the markets as a place where something happens into a process that is happening. The markets...

A brief info on seasonality regarding different commodities can be found here: https://www.elitetrader.com/et/threads/trading-basics.377053/page-9#post-5897767 Wheat - The top three global producers of wheat are as follows: China India Russia July, August & September: Summer in the Northern...

Well, I've never heard of anyone shorting gamma in a trending market either.

Dude, where's the friggin' source? You can't just slap on a controversial title like this and expect everyone to believe you at face vale. Unless you think we're all tards. Don't worry, I already googled it. :sneaky:

I assume this is addressed to option sellers, since theta (time decay) works in their favor. But what should happen if the underlying stock trades far beyond the strike price? Would you still choose to hold until expiration? Only viable way to play this IMO is with IV crush.

Only for noobs. :)

Yeah, but suppose BTC is trading at $50 for the last 10 years, hardly moving and nobody ever gives crap about it, would you still have invested? I don't think so. All that rationalization on why you invested means nothing in lieu of price appreciation. I wish everyone would just 'fess up...

Any likely target?

That's not the point, Mr. Capitalism. What I was saying is that you're investing for capital appreciation. In another word, you're doing this strictly to make money. Don't pretend that you're doing this out of kindness for the humanity and other nonsense bullshit.

You hit the nail straight on the head. We're all gamblers wanting to make money. If not that, what the hell are we doing anyway? It's just a matter of deciding who's the worst degenerate gambler. As far as "sugarcoating" goes, it's the same for the cryptos as well. Don't pretend that you're...

Wheat futures (ZW) looks poised to break out higher. I expect to see 750 then 800. Any thoughts?

Short 29.50 SL 37

My bread and butter for more than 20 years has been ES. That's what I traded day in and day out. Unless volatility falls off the cliff, I ain't sure if that will change any time soon. That said, I've been slowly transitioning myself to swing trading since earlier this year and USD/JPY has...

Let's be real about it. You don't invest in platinum because it does any good for the world. You don't care about the mines and all the dangers these miners face and how they're exploited by the mine owners. Your real aim is to make money. That's the sole purpose. Same thing with Bitcoin and...

You might as well say 1 year performance, since all the profit you made in 2021 was wiped out in the following year. You would actually be down more than 43% (from January 2021 to January 2023). Not bashing BTC, just stating the fact.

For our noob brethren (as well as some of our resident old farts) who are getting their toes wet. :) The Six Majors of Forex These are the most liquid and widely traded currencies in the world. Trades involving majors make up about 90% of total Forex trading. They are USD/JPY, EUR/USD...

Controlling your ego is a valuable asset for a seasoned trader. You don't bet bigger when you are losing, you bet bigger when you are winning. If you watched the movie Floored, documentary about how pit-trading lost to the computer (see below), you can learn something from one of the featured...

Welcome to 2024, the year when society's economic headaches become standard. Taking a look across the outlooks for next year, there's one word that stands out from Wall Street. "Normal" appears 23 times in Bank of America's look at the year ahead, 11 times in UBS's, 14 times in Goldman Sachs's...