Search results

  1. The_Krakenite

    Crocodile of Wall Street

    Puzzled why there is no mention still of this incident here, considering it involves 4.5 billion dollars of stolen crypto from Bitfinex. A long unsolved mystery that is now coming to light. I am wondering how much of this news may be part of the current bull-run again in crypto. Furthermore...
  2. The_Krakenite

    PYPL

    I'm tempted to make a witty comment how at least the bag-holders will collect some small dividends to help make up for the sleepless nights. Unfortunately, there ARE NO DIVIDENDS!
  3. The_Krakenite

    Do yourself a favour and watch this video from Anton Kreil

    Well, at least he didn't instruct/yell/order people to NOT take their money out of Bear Stearns. Yeah, seems that Cramer video was removed but you can still find versions of it floating around. That said, the first time I came across Anton was back when I was doing my due-diligence on...
  4. The_Krakenite

    Recommend Some Educational Resources on Futures Trading?

    That's expected. Futures is very competitive and retail traders are going to get their asses handed to them. Only 3% of futures traders IIRC are profitable. It is very unreasonable to think that someone new to this is going to make big buckx. The worst thing that can happen, is you win early...
  5. The_Krakenite

    Recommend Some Educational Resources on Futures Trading?

    I cringe reading that, mostly because Youtube is one of the biggest breeding grounds for fake gurus which has no end of sight of them. As for books, look for ones authored by legit floor-traders. And even then, bigger-book doesn't mean better info. One in my library was nothing but fluff and...
  6. The_Krakenite

    Another scam course? or am i just skeptical AF

    The entire workshop is $2,000, this includes a copy of an audio recording of the workshop, plus a hardocpy course manual that is about 175 pages long. Oh boy. So you're already starting 2K behind the black-ball from the get-go, when you could have got top quality stuff directly from the books...
  7. The_Krakenite

    What are you going to do about inflation?

    What are you going to do about inflation? For the retailer, or the government? If the former, there are instruments for this. GLD/BTC/ETH
  8. The_Krakenite

    When Russia invades, go ALL IN...

    On the flip-side, after WWI ended, everyone wondered how the 'fuck' did the actions of just one person simply assassinating someone else, result in every European country breaking down into taking sides by paper-alliances and causing the largest war ever and loss of life. Was it worth it?
  9. The_Krakenite

    Options Education - Got a Website / Book / PDF You Like? Post It Up

    I signed out another options book from my local library. The title is "The Options Edge". Ironically enough, there are TWO separate books about options which use the EXACT same title (how do they get away with it?). The one I'm reading now is the one published by Wiley. It's much better than I...
  10. The_Krakenite

    Cathie Wood ARK Stays the Course, Betting Big on Innovation

    I must confess I am not too familiar with Bill Miller. At first I thought you may have been referring to that baseball player who tried to turn into an investor guru (had a website Nails Investments) and became a friend of Cramer. You know the one that started the defunct magazine Player's Club...
  11. The_Krakenite

    Using Stops

    The only time I start to 'panic' is because I have over-leveraged on trades. There are many books written that warn against doing this...
  12. The_Krakenite

    Cathie Wood ARK Stays the Course, Betting Big on Innovation

    LOL, I like that term, 'infinite P/E'. Yesterday morning I was doing some shocking analysis on some of the poorer Oil Sands producers. You know, the little laggards that only accumulate debt every year? Surprisingly (or not), the worse off the producers were, the higher the P/E. Exact opposite...
  13. The_Krakenite

    Daytrading strategically vs tactically: # of trades vs size -- scalper's dilemma

    I'm going to go against the grain here and probably offend every day-trader. Scalping doesn't return profits anymore these days. It USED to be a technique employed by FloorTraders where you traded a futures for only a tick-or-two. The reason it became profitable was because: Traders on the...
  14. The_Krakenite

    Using Stops

    I never use stops. What gets me is when people refer to stops as some sort of 'hedge' Really? Interesting side-note. Paul Tudor Jones never set physical stops, always kept them in his head so his opponents couldn't burry him if they found out. Niederhoffer used to have an insider (girlfriend...
  15. The_Krakenite

    It might have a point…

    Fiat/Crypto arguments remind me a lot when Amazon tried to push intangible books with their e-readers. There was much pushback on hard-books vs digital-books. And.... decades later, we still have people arguing about it. True, most cryptos suck and just waste your wealth, just like most digital...
  16. The_Krakenite

    Micro-ETH Futures -- Big Swinging Dick

    So I did it. Sold 10 NAKED calls on Suncor today. At first I had to wait a bit, then got a partial fill. Then while off on YouPorn I got another notice my complete order was filled. All in all, less than an hour in total to get what I wanted. At $1, I got a quick 1K in premium for the 10...
  17. The_Krakenite

    When Russia invades, go ALL IN...

    I'm not sure if that's sarcasm or not. OIL is at highs.... also the shit-of-the shit OIL/GAS stocks at the bottom end of the barrel (no pun intended) penny-stocks are at stupidly high 55 to 65 P/E evaluations, and that doesn't include the other ones that haven't made a profit in over 10 years...
  18. The_Krakenite

    FB 50% pullback

    So.... about that 'Meta' thing.
Back
Top