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  1. The_Krakenite

    Wash sale rule for day traders

    Yup, if you're American. I am not sure how it is in the UK, Canada has wash sales rules too, but they are not as draconian as in the US where, even if you make no profit for the year, you could STILL owe millions in tax. This has bankrupted a lot of newbie day-traders following youtube...
  2. The_Krakenite

    Now that the Merge has been delayed (again)...

    How does this change anyone plans much? To be honest, it shouldn't. Looking from past experience, I was going to be very surprised if they did NOT move the goal-posts once again. Now we have to wait until the second quarter for the next merge-date. That said, I'm becoming less interested in...
  3. The_Krakenite

    Dalio: Stagflation coming...

  4. The_Krakenite

    Elon Musk Takes Surprise 9% Stake in Twitter, Sending Shares Higher

    I never had sympathy for those who go long these cancel-culture platforms and get caught in the stock plunges. Even those who say they don't agree with the censorship... the fact you are going long still shows actions enough. Maybe you all get liquidated and move to Russia so you can feel right...
  5. The_Krakenite

    China may have a Lost Decade

    My mother can tell you, there is a much lower life expectancy for males. Older women have a tuff time competing for partners in the west.
  6. The_Krakenite

    Ethereum-based stablecoin protocol Beanstalk loses about $182 million to exploit

    https://www.theblockcrypto.com/linked/142272/ethereum-based-stablecoin-protocol-beanstalk-loses-more-than-80-million-to-exploit?utm_source=rss&utm_medium=rss
  7. The_Krakenite

    Any one got Fountain of Gold original Japanese candle stick book?

    That is quite some dedication to the art my man. I have a bunch of candlestick books in my library but not those titles. I don't even believe in them, but often like to see what the 'other side' is thinking. That said, every month I still stop at various used book stores and other thrift shops...
  8. The_Krakenite

    China may have a Lost Decade

    The Japan still has the world's third most traded currency. That said, the world's next reserve currency most likely has to be from China. The real question is, will there be more than one? It's possible that despite China's efforts to ban Bitcoin, the world will still keep a variant of crypto...
  9. The_Krakenite

    What are you presently reading?

    I'm going to skip my second Larry Williams book for this month, and start with this:
  10. The_Krakenite

    Musk Offers to Buy Twitter at $43 Billion Valuation

    So, apparently the woke employees of Twatter are soooo stressed at the thought of Elon possibly asking them to allow free-speech on what was supposed to be once a free-speech platform. The crime to humanity of it all! How DARE Elon do such a thing! Even on their 'stress day off' they are still...
  11. The_Krakenite

    Musk Offers to Buy Twitter at $43 Billion Valuation

    Truth be told, I wish he would stay out of it and let the sinking ship/shit just sink. And LOL to those who got burned by FuckBook/Meta stock too. As a rule I avoid investing in unscrupulous entities, particularly those who censor free speech and love to enforce cancel culture upon everyone...
  12. The_Krakenite

    What is your stance on crypto?

    Depends on which regulation you ask. Some claim it's a commodity, other's claim it's some other form of a security. To be honest, you can see a contrast between crypto and equity stocks even. New ones are added to the stock indexes all the time, while others are delisted. Some companies go...
  13. The_Krakenite

    Kevin O’Leary says he’s put 20% of his portfolio in crypto,

    I read one of his books... he's just a Simp. Many claim he should be in jail for some of his shinanagains.
  14. The_Krakenite

    Micro-ETH Futures -- Big Swinging Dick

    Friday morning, and time to update the portfolio stats now that the OCC has done their thing overnight. For a recap on my trades yesterday: I closed out ETHH.B which cost me over half a grand. But still left me with a 1K profit over-all. Shorted two more PUTs on ROKU while the Nasdaq...
  15. The_Krakenite

    Worst Economic Predictions in History

    Well isn't that technically what's been happening? The US dollar is already being demoted from being the world's base currency. Many who are still on it are TRYING to get off it, and more-so every day. And who can blame them? As for inflation, as Milton said, it's always there, even when it's...
  16. The_Krakenite

    Ray Dalio on the Changing World Order [From LinkedIn]

    Nothing in Ray's video is anything many of us didn't already know 20 years ago. It's just that America's new era of cancel-culture, wokanism, and unlimited printing, is speeding up the downfall. We live now in a culture of millennials who think communism is great, and money just grows on trees...
  17. The_Krakenite

    TSLA 2022

    Still charging the .75 MER I see... I could do better than this for less:
  18. The_Krakenite

    Market Makers Approach to Options Trading

    Definitely will be sure not to miss this one like I did the last. No excuses! Even if I get Covid again.
  19. The_Krakenite

    Ryan Jones PDS Option Trader real? Or Total Scam?

    Interesting. This is exactly what all the fakesters use to attract the desperate & gullible. I am so glad that someone who has found the greatest discovery on earth is willing to share their secrets with everyone else. How noble. I've always wanted a perpetual money-making-machine!
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