Are options a waste of time and money? (pun intended)

I would assume they are using statistical analyses then by definition they are using EW, fractals, cyphers. I read that they basically look for anomaly's to exploit.

Anomalies? You mean like a protracted 3rd Wave?
 
Anomalies? You mean like a protracted 3rd Wave?

No, a protracted 3rd Wave is not an anomaly.

You should look into EW as it has served me well. It's nice to be able to road map the chart so you don't get pushed out of positions rather you just accumulate more. Imagine having that edge with your vols trading...
 
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I'm not sure why you guys try to over complicate your trading. Here is my BTC outlook. I think short term we will continue to the ((5)) leg, and then we will return to the 26k order block at ((C)) on the correction before ripping up again so I can purchase my Lamborghini. :)

Otherwise it will double correction now which is not ideal but manageable.

(I'm currently holding Nov.17 16 BITO calls.)

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Yesterday I took my waverunner out for the second time ever and first time this summer and sucked a rock into my impellor. Today I am going to ignore everything and chill even though part of me wants to 0dte the IWM to cover the cost of repair...or maybe I'll youtube some video and do the repair myself today.
Okay dude lol go do you.

BTW fractals for trading and Elliot waves are not statistics, they're pseudoscience.
 
Okay dude lol go do you.

BTW fractals for trading and Elliot waves are not statistics, they're pseudoscience.

What are you talking about? They are statistically measurable using fibs. Everything is embodied into ew...chart patterns, order blocks, candlesticks, price action, vols, Wyckoff, etc so if you aren't familiar with it or just using one part of the picture to trade then that's all you have...a snap shot.
 
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What are you talking about? They are statistically measurable using fibs.
What a word soup. No lol, don’t confuse maths with statistics. A wake board is not a surf board even if to an outside observer they seem indistinguishable. You’re still at a level below an intern summer clerk.
 
What a word soup. No lol, don’t confuse maths with statistics. A wake board is not a surf board even if to an outside observer they seem indistinguishable. You’re still at a level below an intern summer clerk.

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