Search results

  1. The_Krakenite

    What are you presently reading?

    I have the Trading Sardines book, I just haven't had time to get around to reading it yet. But it's planned! What I recall from an interview with her, she was worried of being a horrible writer, so before she wrote it, she read Stephen King's book on Writing Well first.
  2. The_Krakenite

    Naederhoffer SUES the CME

    I still have yet to read his 2nd book. Fun fact, in the crash of 98, while Vic got wiped out, his brother Roy's hedge fund actually made a profit of a couple mil by swapping from long to shorts by the recommendations of their AI programs (even though they were late in doing so). Roy could have...
  3. The_Krakenite

    Celsius DeFi ponzi collapsing

    BTC definitely has not gone too well this year with all the downward pressure and shit-shows. That said, it still has lots of potential in the near future to regain, unlike those who thought they'd play it safe and invested in say.... equity gold like Bre-X. After all, investing in a real...
  4. The_Krakenite

    Tether collapse journal

    Invest in REITs, they don't fall as hard, and still pay bookoo dividends :) Even the shit-of-the-shit Hotel based REITs like HOT.UN that can't even make a profit during these Covid times is paying distributions to shareholders for...... reasons?
  5. The_Krakenite

    Celsius DeFi ponzi collapsing

    I don't know wtf Celsius even is. But I stay away from anything that is 20% APY/APR. I mean... do you honestly think you can get credit-card interest safely? Even Madoff's Ponzi wasn't that crazy.
  6. The_Krakenite

    What are you presently reading?

    So, done reading that timing book. I was ok, nothing special. Odd, the author said near the end that professionals only sell options. ???? Then goes into his explanation why only idiots buy options, because sellers are favored. Oh really? So it's that simple I guess! In any case, I just...
  7. The_Krakenite

    Early Assignment

    I guess going forward, if I really want to hold the stock I'll roll it 24-hours in advance.
  8. The_Krakenite

    Early Assignment

    Hmm, that 'commissions vs exercise' thing is interesting. More books need to mention that.
  9. The_Krakenite

    Early Assignment

    So, weeks back I was puzzled why I got assigned on my Netflix Short-Put by half a month. We determined that because of rising interest-rates and the fact I was deep ITM that it was a possible motive. Now I have a different early assignment experience. Today my covered-call on XEG was to...
  10. The_Krakenite

    What are you presently reading?

    Oh, and another book from my local library (yes you can laugh). I'm not really expecting to learn anything here, just curious what the authors are preaching to the masses.
  11. The_Krakenite

    Shkreli at court

    So... is he going to go back to his old youtube channel now?
  12. The_Krakenite

    What are you presently reading?

    I have yet to read the original 'Market Wizards'. But I am starting with the 'Stock Market Wizards' book for now. Been planing for some time to get through all of Jack's books.
  13. The_Krakenite

    What are you presently reading?

    I have just finished getting through the audiobook for "Catching the Wolf of Wall Street" now. To be honest, I found a lot of it boring, but some of it was educational, if you like to see how things work with lawyers and the government, etc. Didn't really care much for the sex stuff (guess I am...
  14. The_Krakenite

    Rats leaving the sinking ship?

    IBKR had a flawed system, didn't handle negatives... and traders were fucked. That's why IBKR forgave the negative values of the trades, but still made clients pay for their loses that were on the positive side of the chart up to that point.
  15. The_Krakenite

    The Anchor DeFi ponzi collapse journal

    I'm not so sure. You'd have to reach zero first, and even the smartest calculator fucks up when you divide by zero. :wtf:
  16. The_Krakenite

    Update from Karen the Supertrader

    I was actually going to ask you guys about that. Usually this legal stuff is docuted somewhere online for the public to see the actual charges, etc. Over here it's mandatory, even for small-time stuff like a Financial Advisor of Royal Bank of Canada that caused a client here or there to move...
  17. The_Krakenite

    Profiting from Crypto meltdown

    You dumb-fuck. I bought it at 1/10'th of a penny. See how smart I am? I just needed a bigger fool than myself to sell it to me at that 1/10th. Now it's at--- oh fuck! :mad:
  18. The_Krakenite

    Binance Warns It Will Delist Terra's LUNA If It Falls Below 0.005 USDT

    In a word, 'yes'. That was part of the attack. They knocked it off the peg and laid shorts on LUNA hoping it would crash. And it did!
  19. The_Krakenite

    Binance Warns It Will Delist Terra's LUNA If It Falls Below 0.005 USDT

    If the trading pair gets delisted, that would mean users can no longer trade LUNA for USDT on Binance. https://decrypt.co/100236/binance-warns-it-will-delist-terra-luna-if-it-falls-usdt
  20. The_Krakenite

    The SEC has already sued Terraform Labs.

    I remember when Buffett was asked why isn't he shorting BTC when he says it's going to zero. First, Buffett said shorting on margin was too dangerous and he wasn't going to do that. Second, he said that there were no PUT LEAPs with a 5-year duration. That said, baring in mind that in the...
Back
Top