I am suspicious of this rally

[oraclewizard77]

Simply do day trading and stop investing.
Then you don't have to worry whether this rally is genuine / real / strong rally or not.

I think the website is nameed "EliteTrader.com" not "EliteInvestor.com

 

[DiceAreCast]

Does that still exist?

I AM day-trading.

 

[DiceAreCast]

Sadly.

I think the website is nameed "EliteTrader.com" not "EliteInvestor.com

 

[Overnight]

Today S&P and DOW hit all-time high but 11 elements of DOW were in red. Many stocks like TSLA, M, BA,.... were in red. History shows that in these situations, we are close to a correction.

Boeing got some massive orders from two major airlines. Fuck the pundits, and buy BA. They are going up up and up. It makes zero sense that they would go down. So long them

 

[hajimow]

Buy puts

I always sell. If I think a stock will go down and it is at 50 now, I sell weekly 52 call and if think a stock will go up and is at 50, I sell 48 put. I am on the dangerous side

 

[taowave]

You sell weekly options directionally and make 380 percent??

 

[destriero]

You sell weekly options directionally and make 380 percent??

His amp goes to 11.

 

[destriero]

Part of it is addiction and the main part is that YTD, I have turned 550k to 930k and last year I have 380% return. Which investment gives me that return ?

Um, you're high AF, delusional, both?

 

[unconventional wisdom]

I always sell. If I think a stock will go down and it is at 50 now, I sell weekly 52 call and if think a stock will go up and is at 50, I sell 48 put. I am on the dangerous side

there's such a fine line between stupid and clever

 

[taowave]

This thread is inspirational..

I was wondering how to turn 115k into 930k in 1.5 years,without buying premium and only selling weekly OTM options..

Now I know...