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:D The video as posted in WSB is excellent. 100% this. Trading on a downward P/L slope is unavoidably depressing. Solution: Start making money.

Haha so true.

Another trivia, bamboo is a cool grass! Some bamboo species are very, very, tall, and can grow insanely fast.

Bonds cushioning stocks is one of those "truths" that there's a lot more nuance to... 70/30 portfolio didn't do so well in 2022.

Classic from the 90s!

Sorry no. I wouldn't short ag based on historical top like that; in fact, I don't trade ags at all because it's so weather dependent. We're living in times where the planet is going to hell thanks to fossil fueled warming. E.g. African countries that produce cocoa sit in the already warmest part...

Blue chips are fine but you will likely need some leverage depending on your target risk profile. E.g. YTD almost the entire game so far was to long megacap tech (sadly, I didn't). Just pointing out that a career can be made holding on to bull runs like this.

There have been some obscenely funny ones in WSB over the years (as noted above), but it's hard to dig them back up. There are some recurring hilarious themes, such as the financial priorities of parents/grandparents juxtaposed to those of millenials that started trading post COVID.

So what. It's an unhelpful word since +EV bets and the more common -EV bets are put under the same derisive mantle. Life is a gamble every day. We just like to maintain an illusion of control to keep our sanity.

So the question is what you want to achieve. There are of course lots of easier ways to make money. And if you made a whole lot of money already, teaching a very low maintenance investing style in profitable companies (or even just passive/SPY/QQQ) is the least risky, where risk can be defined...

Yeah, the fact that Christianity frequently gets kidnapped by nutcases really hurts the religion.

There are some sources claiming that Prigozhin has decided to call off the advance (e.g. Belarus' dictator). My main issue with that is that it makes absolutely no sense, he's already beyond the point of no return.

rofl

Not at all, it's very logical. He is popular and he's hoping to bank on that popularity to have Russian forces switch sides without fighting.

A fair number of people credit the Market Wizards series with key insights of theirs, but I can't say that's the case for me. Perhaps it's mostly valuable as a source of inspiration if you read it early enough. Being lucky at key junctures certainly was a recurrent theme in some of the stories...

Writing covered calls, your "income" is basically selling your upside. Works well in some conditions, not in others (compared with B&H as the baseline), so no free lunch. When the market is steadily making new highs you generally want to be long calls (or some kind of similar bullish exposure...

There's certainly no edge in the structure itself. It's primarily a coping mechanism for trend followers to take on larger positions than they otherwise would dare. It can be "useful" in that capacity, but it's an issue how it subjects you to slower starts (missing part of the alpha). Better is...

rajesheck are you a relative of padutrader? That would explain a lot.

A far fetched possibility is the LinkedIn profile is an impersonation from someone looking to sell trading "education". Frankly I don't know what security LinkedIn has versus impersonation of somebody who doesn't know/take action about it. (Now I need to find his LinkedIn, lol, because I'm just...

I think the probability that he is legit is indeed higher than not. He gives off that vibe in the video, even if to be honest he does not dive meaningfully deep into strategy, and it's just at an entertainment level. But the LinkedIn profile issue is concerning.