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The problem is if it doesn't trend up then you are out the cost to set it up....over time these losses will negate gains so it will not perform as a stock replacement...at least from the mindset of an investor or swing trader where we view draw downs as opportunity to add to our positions not as...

Look at the numbers! Show me any strategy that can out perform holding the underlying? lol.

(July19 20 call strike @ .88) The cross section here is your BREAK EVEN @ expiry. Like wtf???? Unless you get lucky and catch a huge gap up you can kiss that money goodbye. :) Turning it into 20/21 vertical spread makes it marginally better by cutting costs, and you are only capping gains...

Isn't the point of a spot bitcoin etf to track bitcoin 1:1? BTCUSD BITX BITO HODL BITB IBIT

OK I'm going to play around with it. I think on tos you can show intrinsic and extrinsic values under columns settings. Ok using BITX (28.46) you can see my delta is .95 (.72+.72-.49) 1SD is about 32.18 so I would pnl $2800. With 2000 shares I would profit 32.18-28.46 = $7440. I have the...

Hey I just figured out how to use the truncated quote feature! Sry that was a typo. July 10 was the date I was getting the forecast for, July12 was the expiry. What deltas are the calls at typically? AND this is when you want to go long because calls are cheap lol. I am quite aware of how btc...

I'm not going to read all of this. Gold is absolutely useless for anything other than jewelry at this point. What is being discussed can be done with Bitcoin. I think on crypto.com you can get a Bitcoin credit card that will deduct purchases from your crypto assets.

OK so if we look at BITX trading @ 28.45 With an expected move is $3 to 31.45 by Jul10 you would gain $2.55 per share. 600 shares = $1530 Capital = $17,070 (Jun12 expiry) Buying calls 6 31 calls Cost = -$720 Profits = -$60 Result: Dumpster fire Buying calls 6 28 calls Cost = -$960...

You can lose $100,000 running a company and so you not only lose $100,000. You also had to work the whole year just to lose the money. With stocks if lose the money all you had to do is press a button. I don't know about you, but if I was going to lose 100k over the year, I'd rather do it binge...

No it's not lol...it's the easiest job in the world ..if it's not then you're doing it wrong

Like he's one to talk. Did you ever watch that video on him like from the 80s? Also, I believe he uses Elliott wave, so what's your point? :) By the way, my desire wasn't to be proven correct. I have already been proven correct. I just want my kudos!

I just posted my performance results. Who cares how you get there? I don't trade like you guys where you hope to have 1% more winners and losers garbage. I trade to make money.

It's counterproductive. It just means you didn't load up at the bottom. Why would you buy higher when you could buy lower? Stop drinking the Kool-Aid being fed to you from big money.

How are you multiplying profits when you are raising your avg price? lol Obviously the skill is not to buy at the top and start averaging down from there, but even then averaging down is better than closing the position or just holding. I already proved this with data using SPY...it's not even...

It's a screenshot. ??

Out performing the Renaissance fund! :)

Yeah sometimes it takes a little longer. It's overdue for sure...all charting is dynamic. That's why you guys lose money...you're "trading systems" are too rigid...you don't have any patience. :) Also, why are we trying to deflect from my awesomeness on the original screenshot of Bitcoin...

What are you talking about? If you look at that chart it's showing the top of they D extension is next week and it also lines up with the ftd's T35.

Do you not even understand what FIFO is? If I include my p&L my average cost is in the negative so even if they go bankrupt I'm still up LOL.

None of that matters. Low 50ks were called 3 months ago. News doesn't affect anything. It just confirms what was already projected. Here's the proof!