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      03-15-2021, 08:37 PM   #595
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Originally Posted by antzcrashing View Post
I like your style and appreciate you sharing ideas. I know you don't like to deal with options, but based on your hedge scheme with vix, I would suggest trying a small share of call options on it from time to time, that has paid out well for me. I'm guessing there are times when you have a hunch or even a conviction that vix is going to spike, that can hit like green on roulette. Of course keep the cost basis low wrt your overall portfolio or even the risk portion of it.

When you buy after hours, how do you handle/deal with the greater uncertainty of it, the trades are in lower volume at that time so its hard to gauge momentum, no?
Man I would love to try options but I really fear it, one day I'll put real time into trying to learn it. Like you said being busy makes things hard.

I've actually been watching the VIX since I was a kid, always have had a weird obsession with it. I've never been burned on it. If people looked at my trade history they would see the obsession. Sometimes I can make 30%, more so when I could trade TVIX. Best year was 97% account value gain on just TVIX.

That's why I stick with large companies, still decent volume in after hours and the spread is minimal. If a great company drops 20% because of a down day for all stocks or that sector that's a pretty good bet it will go up. Especially if IBD shows all numbers as a strong company. This is also where the VIX comes in, if it's going up in AH I'll stay away from buying stocks since it may continue to decline the next day. I also stay away from highs, I look across the chart and if it hasn't been at that level multiple time before I stay out. That part goes against the IBD method but I don't like doing it that way.

Like DOCU got in on Friday and its up 3% so far. It had great earnings (but dropped for no reason other then maybe the interest rates), good score on IBD and the software was in a up trend. Hopefully PM or tomorrow it sells.

By Wednesday I want out of all trades minus the VXX due to the FED speaking, that can make for things to be on sale...love those days, also a good day to potentially sell VXX if the market doesn't like what they say. VXX is up almost 1% after hours so tomorrow may be a down day. Either way I win.

Have you ever tried currency trading, that's some wild stuff! Can make some unbelievable cash doing that. I on the other hand aren't fast enough at trades
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      03-15-2021, 11:10 PM   #596
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read up on options
watch the many youtube videos that explain how options work
papertrade to see if you are understanding how the option is working and see it in real time
then try it out on some tickers with various conditions
one of my first options play was with NOK because it is a very stable and slow moving ticker
but that doesn't allow you to experience the big IV swings and such

i blew up my account many times playing risky options
but i kept doing it because once in a while, i'll hit a homerun, like getting 1000%+ return on a NIO call
but guess what? trying to hit a homerun all the time leads to a lot of strikeouts

you can win the game by hitting a bunch of singles and doubles
sure, a grand slam gets on the highlight reel but those base hits win you the game
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      03-16-2021, 07:47 AM   #597
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I'm trying a new service out called WallStreetOdds. I signed up a while ago before it launched so we'll see how it works, just was released today. Give you historical statistics on how the stocks moves after it has an up or down day. Market is odd right now so we'll see if that can even work.
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      03-16-2021, 01:59 PM   #598
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took advantage of the morning dip
i'm 219 shares deep into GME
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      03-17-2021, 11:38 AM   #599
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i'll say it again
GME is the ultimate hedge against market downturn
it's one of the few things green when i open my trading platforms today
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      03-17-2021, 07:10 PM   #600
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https://finance.yahoo.com/news/reddi...180055935.html

hmm
maybe i need to take back my statement
looks like GME really WAS a hedge against overall market downturn but not anymore (??)
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      03-18-2021, 07:24 PM   #601
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Quote:
Originally Posted by XKxRome0ox View Post
https://finance.yahoo.com/news/reddi...180055935.html

hmm
maybe i need to take back my statement
looks like GME really WAS a hedge against overall market downturn but not anymore (??)
Its hard to imagine that it can stay elevated in the 100+, 200+ range long term. Gamestop is a company that needs access to capital (loans, investiment), and higher interest rates compete with that need
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      03-18-2021, 07:48 PM   #602
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Bro all you need to know is "PUMP AND DUMP" How hard is it. Theres programs on youtube that people sell to learn to trade!
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      03-18-2021, 08:07 PM   #603
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Originally Posted by 2one3E90 View Post
Bro all you need to know is "PUMP AND DUMP" How hard is it. Theres programs on youtube that people sell to learn to trade!
"Dont ask the internet how to trade because the internet has recorded videos on how to do it"
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      03-18-2021, 08:49 PM   #604
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Quote:
Originally Posted by antzcrashing View Post
Quote:
Originally Posted by 2one3E90 View Post
Bro all you need to know is "PUMP AND DUMP" How hard is it. Theres programs on youtube that people sell to learn to trade!
"Dont ask the internet how to trade because the internet has recorded videos on how to do it"



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      03-18-2021, 10:51 PM   #605
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      03-19-2021, 02:59 AM   #606
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https://www.instagram.com/tv/CLemZiC...=1x2hh0v569o7z
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      03-19-2021, 01:29 PM   #607
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grabbed some 4/16 SPY 400 calls
let's go pump up those numbers
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      03-19-2021, 06:40 PM   #608
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Originally Posted by XKxRome0ox View Post
grabbed some 4/16 SPY 400 calls
let's go pump up those numbers
I concur with this sentiment, S&P has overcorrected and its going to sky
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      03-23-2021, 10:06 AM   #609
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What the h-e-double hockey sticks is going on with DLPN today?!?!?
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      03-24-2021, 06:42 AM   #610
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What the h-e-double hockey sticks is going on with DLPN today?!?!?
They signed a deal with Hall of fame resort and entertainment. What a jump!
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      03-24-2021, 12:52 PM   #611
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Quote:
Originally Posted by XKxRome0ox View Post
took advantage of the morning dip
i'm 219 shares deep into GME
Ouch, 219 shares...hope you sell soon or already sold, we all know the outcome this is going to have. Hope you're not in the hole too deep
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      03-24-2021, 01:07 PM   #612
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felt good about buying ark etfs a few weeks ago along with pltr and qqq. then the next day it all tanked. down 10% overall on that 5 figure lump sum i put in. just sucks seeing a stock that was doing well have its biggest slump the day after you invest. oh well, will continue to hodl.
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      03-24-2021, 01:25 PM   #613
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felt good about buying ark etfs a few weeks ago along with pltr and qqq. then the next day it all tanked. down 10% overall on that 5 figure lump sum i put in. just sucks seeing a stock that was doing well have its biggest slump the day after you invest. oh well, will continue to hodl.


This video is comedy lmaoooo.

Edit: posted the wrong version. Let me fix the link
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      03-24-2021, 01:34 PM   #614
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lmaooo thats exactly how it is

FBI: 'oh you just invested? time to tank all these gains for the year'
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      03-24-2021, 01:36 PM   #615
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lmaooo thats exactly how it is

FBI: 'oh you just invested? time to tank all these gains for the year'
I kept editing the post because I kept posting the wrong link lol sorry for the spam. But yes, it's all too accurate haha, I know how you feel.
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      03-24-2021, 08:54 PM   #616
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This video is comedy lmaoooo.

Edit: posted the wrong version. Let me fix the link
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