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  1. I

    why is BITO no longer tracking BTC?

    I was using BITO to get BTC exposure and use options. But recently it's no longer tracking. Seems perplexing.
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    New ETF called TJUL guards against downturns and has capped gains?

    Are you saying get options on these? Are you saying options do the same thing?
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    New ETF called TJUL guards against downturns and has capped gains?

    I just saw an article about this. Apparently it doesn't lose money even if the market goes down and limits gains. Is this real? Here's the text. I can't find a link within my trading app: On Tuesday, the company’s newest ETF, the Innovator Equity Defined Protection ETF (NYSE:TJUL) began...
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    My wife's strategy...Let those option people come to me!! Novartis (NVS)

    On my phone that clip showed "Wayne's World 3" and I got all excited and thought whoa they made a 3rd one?"
  5. I

    using chatgpt to predict stock prices

    Someone more intelligent than me explain what is happening here to me:
  6. I

    Proprietary Trading Firms - A Different Business Model

    With a system that is so profitable why sell your book?
  7. I

    Proprietary Trading Firms - A Different Business Model

    So, where can I learn your double in 2 days system? And how does executing a trade a second too late make big losses?
  8. I

    Ironfist's UVXY journal with demo account

    Today the contract I bought is worth even more even though UVXY is higher than it was. Rather perplexing.
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    Ironfist's UVXY journal with demo account

    Purchase was $1.32 Close was $1.70.
  10. I

    Ironfist's UVXY journal with demo account

    Out. Total was like $39 profit.
  11. I

    Ironfist's UVXY journal with demo account

    I'm pretty sure this strategy won't work because it's apparently free money. This is why I want to try it. UVXY basically always decreases except for when it spikes. It doesn't spike very often it seems. So just buy puts and take the loss when it spikes (and then buy more puts). Or you can...
  12. I

    Ironfist's UVXY journal with demo account

    I thought you were joking.
  13. I

    Ironfist's UVXY journal with demo account

    So, the risks are what, it can increase super fast and you lose the money paid for the put? I can look into these recommendations. Thanks. How come he doesn't try to trade them based on their constant lowering?
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    Ironfist's UVXY journal with demo account

    @SunTrader lol yeah that's what people want you to think. "OUR METHOD IS RIGHT. IF YOU DO IT WRONG IT'S BECAUSE YOU, NOT BECAUSE WE."
  15. I

    Ironfist's UVXY journal with demo account

    Like, I'm confused. You wrote about UVXY trendlines and support and resistance.
  16. I

    Ironfist's UVXY journal with demo account

    Should trendlines and support count for anything on that? It's a measure of volatility which has no bearing on people saying "oh this is a good location to buy" like they do with stocks which is what causes support.
  17. I

    Ironfist's UVXY journal with demo account

    svxy didn't blow up. It's trading today. Unless you mean increased quickly?
  18. I

    Ironfist's UVXY journal with demo account

    Seems like it's always making new lows to me, and then reverse splitting as it gets lower.
  19. I

    Ironfist's UVXY journal with demo account

    Cool. I mean there's no risk of ruin outside of losing what you purchase the put with, true? Did anyone short this when it was 200,000,000,000 a few years ago? I presume this is basically reverse splits. Did anyone short one share and now has like 2,000,000 shares?
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