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Everything is an ascending triangle. :)

Hopefully it isn't lol. The US is always making noise about regulating it, like it makes any difference to the rest of the world what they do. :) Also, WB I don't think makes money investing...and when he was he made some huge gaffs...

That's a crypto you exchange. They should not be used to store crypto assets...only to exchange them. Or you could buy etfs etc. WB missed the opportunity...like most people. It had nothing to do with avoiding risk...he understood nothing at all. Now he just harps about it.

There are ZERO option strategies that can out perform just holding underlying. All you guys do is chase your tails while chasing IV pops lol. Example if you buy 100 calls options versus 10k shares. The shares will out perform...the only edge the options can have is an added extrinsic value...

Nobody here including you has ever projected something as accurately as I just did with Bitcoin...anybody can make a call ..only real TA can lead to a projection 3 months out.

Brokers? You mean with the Bitcoin ETFs?

No. Jim Simmons is MJ. WB apparently missed getting into bitcoin so now he just spends his days attacking crypto...probably because he is concerned about gold I guess...I imagine he is loaded up with gold because he's such a dinosaur. He says, “Bitcoin doesn't produce anything.” Lol yeah except...

Which trade? GME huge profit. Bitcoin etf not at my target yet...I'd be legging in here usually but no capital..waiting for dirt cheap calls...spreads are always garbage though so you gotta get timing right. :)

you guys we never left the feudal system.

It would to the untrained eye...:)

Woefully failed on GME??? Lol this wasn't an EW play...it was a MEME/FTD play. Anyway, why do you keep talking about options? I don't buy options. I sell them for premium and accumulate shares.

Now you got me at my desktop geez...trying to enjoy the 104 degree weather. :) What option? Ok I would sell calls against my position, so Jul 26 30 calls are @.86 so that could generate 800*.86= $688 in premium every month if we stay range bound, plus I would pnl $3200 on the position if I got...

Yes. I manage risk by capital allotted...not by time or by price levels. I can sell calls against it but with GME I feel there is more to be made by holding.

You're not making any sense. Why does date matter? The trade is at work. Let it work.

As mentioned the GME call hasn't changed at all. Why are you so fixated on dates? They are irrelevant if you are holding stocks. If you are holding calls then that's your own fault for being stressed about having to overcome the spread, fees, & time decay...I probably sold them to you lol...

The GME call (it was actually a triangle and a cypher not EW) remains $34..as I mentioned T+35 (May.10 to may.17 55M FTD's) was hit on Jun.24-July.16 window. Volatility is getting squeezed so somethings gotta pop...this is the beauty of not using stop losses...you can actually wait for the...

What I don't understand about things like the infrastructure bill. You already pay taxes to pay for the roads and bridges etc. So why are you paying for it twice? We had some toll bridges here but as soon as they were paid for the tolls were removed which was good but why are we paying for it...

There's no such thing as liquidity zones or support and resistance. 'We Need More Bears To Keep The Bull Market" I said that putting stops basically just facilitates big money getting sized into positions...they don't protect you from losses...they guarantee them. :) I don't know why the...

Timing is not enough. Even if you got the direction right you will still lose money. The only way to make money buying calls is an outlier event ie a gap up. They are priced with the expectation that the stock can move 1 SD. But it can move in either direction so it rarely will go 1 SD in one...

When you think about it, buying options for profits is essentially gambling because you're forced to take a loss.