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  1. The_Krakenite

    ways to control short risk

    One simple answer, DON'T OVER LEVERAGE. But nothing I say is going to change that, someone who has fallen for the 'wheel-strategy' fallacy of some sort of self-perpetual money-making machine as promoted on youtube & tictok gurus, has their mind set and is doomed to fail regardless. When you...
  2. The_Krakenite

    Is Finviz the best stock screener there is? What does their elite add?

    I may be a little too old-fashioned, or too cutting-edge. But I just use the built-in screening system that comes with IBKR.
  3. The_Krakenite

    The last 2 years were a greenhouse. Perfect weather and rich soil. Now what?

    The problem, is that phrase was stated a LONG, LONG time ago, back before the dollar was devalued to the point it is now, and there wasn't the insane unstoppable debt as now. It was from an era before every other country was trying to get rid of the US dollar, and only a few Americans even...
  4. The_Krakenite

    Bill Hwang trial....

    I wouldn't bet on that. Considering agents actually showed up to literally arrest him and take him away. He was also going to spend that very night in jail, but managed to get the $100 million bail. Kind of a strong move for having 'nothing' on someone... Latest rumor is there are two insiders...
  5. The_Krakenite

    Anyone do Momentum Weekly Options?

    I've done reading on weekly options, and plan to dig a bit more into researching, but as a matter of principal, I don't trade them (this will probably change someday for some rare events). Eventually, hourlys will be the next thing now that dailys are starting.
  6. The_Krakenite

    Low Dollar Cheap Ass Trades Journal. Beer Cash 2022.

    This week has been entertaining for sure, and proves that shorting strangles/puts on even bluechips is still risky, as NutFlix showed, and broke many traders. I'm going to be rolling THAT one for years, hehe. Have fun mate, enjoy the ride.
  7. The_Krakenite

    RobinHood...

    It's ok bag-holders, don't panic, and keep calm! The exchanges have enforced the up-tick rule this morning to minimize the devastation that was about to commence. You can relax for now until next week. Maybe some more fools will keep jacking it up by then since no more legit price-discovery...
  8. The_Krakenite

    Cathie Wood of ARK Invest says she still expects to see significant returns over the next 5 years

    2-years of gains wiped out? Well, it's worse than that when you factor in how much value has been lost due to inflation alone. :sneaky:
  9. The_Krakenite

    Bill Hwang trial....

    Well I don't know, I'm hearing rumors that the Bill Hwang shit-show trials may get put into epic proportions similar to the Milken/Boesky trails back in the 80s. Seems the banks that got fucked are also pointing fingers now with dirt and trying to out one another over the bag-holding and other...
  10. The_Krakenite

    is Cathie Wood’s fund in trouble?

    To be fair, she asked for a 5-year timeline... I wonder if she knew that's how long it will take her old friend Bill Hwang to get out of prison... then he can kick-start her ARKK 2.0 fund again like he did the first time.
  11. The_Krakenite

    RobinHood...

    We have now officially fallen into the $8 territory range in after-hours. Way to go!
  12. The_Krakenite

    Amazon (Bad news for tomorrow?)

  13. The_Krakenite

    This is what a genuine bear market looks like...

    Bear markets are healthy (so is shorting). They are both necessary to prevent over-evaluation and worse problems down the road. But seems the army of (long) INVESTORS will moan and cry if things don't always go UP. They feel it's just 'criminal' to hope/expect things to revert to the mean if...
  14. The_Krakenite

    Africa adopts Bitcoin!

    It won't be perfect (yet). El Salvador still has some kinks to work out too, but over time these will be worked out. I guess we know what caused the crypto markets to go up again today, and why the Nasdaq finally did a turn-around. Even the free-falling NetFlix is up today. First time for a...
  15. The_Krakenite

    is Cathie Wood’s fund in trouble?

    I been wondering about that myself. Paypal is up to almost 12% just on the day alone today! She was quite bullish on it in the past, however I have heard rumors she was rotating out of PayPal in order to go heavily on Square. Well, maybe her dumping PayPal was why people thought it was ok to...
  16. The_Krakenite

    How was this crash obvious?

    Bull-trap, or did the paper-hands sell at the bottom again and just give all their equity to the bargain-hunters?
  17. The_Krakenite

    is Cathie Wood’s fund in trouble?

    This draw-down is what I recall someone saying is "Deep Value Territory". Be happy my friends :)
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