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  1. The_Krakenite

    Judging by the SB ads, this is the year when cryptos die

    I remember wayyyy back when the hybrids first came out. They were such a scam then, and Hondas still suck now. I got stuck with a Honda and it has had never ending problems, all of them under warranty, yet the dealers refuse to consider anything under their warranty and will not honour it. How...
  2. The_Krakenite

    Judging by the SB ads, this is the year when cryptos die

    Anyone who is still using Tether deserves what is coming. That said, I think it is safe to say there are certain shit-coins that can never die off. No matter how stupid, they just keep coming back and back again... There is some hope at the end of the tunnel though. Doge-the-meme-boy is not...
  3. The_Krakenite

    IB rapid margin changes when underlying not moved much?

    One of those retailers was a guy in Toronto who was experimenting on OIL trading. Cost him a 10 million dollar loss that IBKR had to step in and cough up for to the clearing houses. Simple case of Dunning Kruger effect, where the young & dumb guy thinks he's a genius and everyone else was too...
  4. The_Krakenite

    Cathie Wood ARK Stays the Course, Betting Big on Innovation

    I think you may have missed the boat on what is being discussed. Your $0 commission is actually costing you MORE than if you had purchased from a regular broker who charges a commission.
  5. The_Krakenite

    Cathie Wood ARK Stays the Course, Betting Big on Innovation

    Robinhood Markets has been a sinking ship since inception. Since she bought into it at stupidly inflated prices, I guess she might as well go down with that ship at its fire-sale prices. Here's the big problem with that, HOOD is burning through massive cash and is no where near to being...
  6. The_Krakenite

    Hungary’s Central Bank Calls For Ban on Bitcoin Mining and Trading

    I had been wondering what new 'news' caused the recent dip. Unfortunately, bad news from Hungary may not be enough to depress ETH down to the 2200 bargain-level again. That was an excellent discount opportunity and I wouldn't mind loading up again down there. Happy to purchase more micro...
  7. The_Krakenite

    What are the best trading ideas for an invasion in Ukraine?

    Just a warning to all the LONGS who are stupidly overleveraging here on bets that OIL prices will spike etc. First of all, no war may even happen. What then? Second of all, having a war may result in the opposite results that you intended. It was not that long ago, I remember the West going to...
  8. The_Krakenite

    Can I trade futures with borrowed money (trading on margin with margin)

    (trading on margin with margin) Just reading that part, sounds like what you are trying to do may not end well.
  9. The_Krakenite

    Rolling covered call on long term portfolio

    I think you may want to look up how volatility works, etc. These kind of banket-statements 'always do this/that' will lead you to all sorts of tiny-reward, bigger head-ache type risks. There is a saying about that... if it sounds too goo to be-- It's a zero-sum game. Actually, even worse...
  10. The_Krakenite

    MoviePass, the braindead idea of the decade

    Interesting... so from the start it was a fail-company, which relied on a lot of hopes and 'IFs'... basically assuming that everything would work out (maybe) if they just got a lot of clients, regardless of cost. I guess what they lost on their sales they thought they'd somehow make up for in...
  11. The_Krakenite

    What are the best trading ideas for an invasion in Ukraine?

    Since we had to throw in WW2 into this mix. I'm laughing now at remembering how Patton got shit-canned by congress, etc. for 'offending America's Russian allies'. :D
  12. The_Krakenite

    Could it be THIS easy to beat the market?

    I'm too stupid to figure out the math in the original post, and give up trying. So I will just consider myself fortunate.
  13. The_Krakenite

    What are the best trading ideas for an invasion in Ukraine?

    So OIL spikes up. Does this mean oil stonks also crash up? Because if that's the case, then I'm sure Putin is doing this on purpose for the sole reason to make sure my shorted OOTM calls on Suncor blow past my strikes.
  14. The_Krakenite

    Rolling covered call on long term portfolio

    After re-reading the original post, I suppose there could be the case where if he waits a bit longer before giving up the stock, he'll only have to pay longer-term cap. gains tax, instead of short-term. In that case, I won't complain if you want to roll in that spot. :cool:
  15. The_Krakenite

    Rolling covered call on long term portfolio

    That is a little obvious, because you are making the same misconceptions as every other newbie makes who comes here after reading some magical & simple formula in some intro-to-options 101 book. Alright, let's make something clear right off the bat, that even Sosnoff likes to drill into...
  16. The_Krakenite

    Micro-ETH Futures -- Big Swinging Dick

    With Suncor somehow avoiding any bad news this week for the first time in like... ohhh 20-something years, I decided to throw in a couple covered-calls before it heads south again. After doing some margin checking, it seems IBKR is willing to let me short calls Naked with almost no margin...
  17. The_Krakenite

    What are the best trading ideas for an invasion in Ukraine?

    I'd be happy if Russia & the rest of OPEC try to fuck the Western producers for the second time as in many years. Looking forward to snatching up a few more OIL stonks. Especially with the oil-stocks-are-evil hippie sentiment.
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