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Reddit has enough retards that will believe it, as does Twitter.

Proper bankroll management should remove the stress. Risk no more than 1% of your account on any given trade. Determine your stop price from your entry price. .01 × (Bankroll) = Total Risk (Stop Price) - (Entry Price)/ (Entry Price) = Stop Risk (Total Risk)/ (Stop Risk) = Total amount you can...

They're called grifters. They cant make shit in real life trading so they get suckers to follow them and pay for some shitty system that doesn't actually work that can "make them rich" too. Like the old saying goes, "those can't do, teach."

Ahhh so it's for when you actually write an option, and not just buying an already open option. Makes sense.

Iron condors, strangles, and straddles. Each of them employs a variation of price prediction. One you buy a call and put with same strike price right before an earnings call you predict will create extreme volatility in one direction or the other moving you deep in one direction with a high...

A new generation of idiots are coming.

Not sure on this one. If I were truly a successful trader then conventional wisdom would tell me (bear with me): Let's say I net average 20% ROI annually with my skills and have built up a substantial net worth of $30 million and just want to buy a $100,000 house. Sure I could buy it flat out...

I'd probably only use it if bumping resistance on a swing trade where the share price can drop like a rock for 10% before you figure out it is not going to break out. It's not a bad hedge to lose a 10% premium on a breakout that will give you a net positive 20% to 30% over and above the Put...

Why buy options with a boiling time decay on them that force the need for share price to meet a call date deadline when you can hold the underlying shares for time unlimited? Markets can be difficult to time, and buying csll options with a time variable can erode the profit margin if that timing...

Exactly. These career congressionals have hundreds of millions of dollars in net worth on a 6 figure annual salary. Does anybody really think Nancy Pelosi or Maxine Waters are undercover elite market traders.

You do realize a drop down to the 3000 level, the level I stated, is a 10-20% correction right? 20% would be 2850, which it could drop to. The 40-50% I referred to is 40-50% of the bull rally from March I was talking about from 2200 to 3570. 40 to 50% retracement of that move is the same amount...

Tragic life and family history. Both his son and grandson committed suicide as well. That's strange. Same thing with Kerry Von Eric (Texas Tornado), his brother and father, all wrestlers.

I see it as a healthy correction. The 10% bounce and rally in the last hour was pretty polished. How many retailers jump back in because "the bottom is in". Markets create setups to make you think you're getting good value when you jump in at signals/ setups. They are manufactured to lull the...

The markets rose 60% since March when the S&P was at 2200 all the way to 3570. When I say correction I'm not referring to just a 10% drop and we're off and running again. I'm referring to 40-50%.

True, but if we only traded on certainties then we'd never trade at all. All I can do is try to bounce TA with price action and current events for a best probability play. As long as I have a solid stop and risk tolerance I'll come out ahead more often than not.

Yep, right into the 50% mark on a Fibonacci retracement before pulling back down.

Let's be honest. If the Fed is stopping QE, and, I think we can all agree due to the shitstorm about to erupt on SCOTUS confirmation, no stimulus will be coming before election, there is pretty much nothing holding this market up. You got the UK about to lockdown for Coronavirus. Not much to...

https://www.zerohedge.com/markets/central-banks-tell-markets-youre-your-own-now

Watched the whole video. That was awesome.

Are you referring to streaming in general, like as far as consumer preference on cable, satellite, or streaming for the future of entertainment? Or are you referring to the streaming companies and who will win with Netflix, Anazon, Disney+ etc?