I just kind of keep track of the news and then make plays off of that, ya know?
124bbb on
Step 1: Think of a logically constructed trade
Step 2: open your broker
Step 3: do the exact opposite of what you thought of
ulumulu23 on
put it all on black until it turns red ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4267)
Buffetjunior on
If you want steady gains, not huge, but decent, look at spy options a couple months out that are in the money. I’ve been doing this since January and started with $3600, now just over 40k. Not a huge win, but at least it’s positive
ZealousThrowaway1789 on
Know when to hold ‘em. No when to fold ‘em.
Same principle at the casino as here in this unwoke mint.
SirLeaf on
Play mergers during republican president administrations
Low-Union6249 on
1. Don’t buy on vibes or what other people say. Buy within a small space that you know a lot about. For instance, I do almost exclusively commodities futures, and only a few commodities.
2. Set a limit, stay within it. Don’t develop a gambling addiction.
3. Stash away some of your winnings and let it sit in some boring, less volatile funds.
4. Sometimes there are no good trades. Don’t lower your standards. Wait for a good opportunity.
5. If you know what you’re talking about and the trade is good, then even if it doesn’t work out you should be able to say in retrospect that it was a good trade and worth the risk based on the information you had.
In my retirement account I just buy VOO and I’m up 24% in one year doing nothing.
In my taxable I tinker and try to market time/play with options and I’m up 8% mostly TLT undersized gains after buying the dip and getting interest, listening to cpi and fed meetings mostly. Gold was also a great play but that’s my savings for when I’m old and need to die with a treasure map, yar!
LolaStrm1970 on
Covered calls and cash secured puts.
Pessimistic93 on
Write credit spreads or csps at a range where Id be willing to buy calls. Then buy 1-2mte calls if they hit but nothing fundamentally changed about the market. I do this using the margin available from holding a dividend etf.
This is basically just tracking the market with some extra risk/leverage, nothing proprietary or new.
ChooChoo_Mofo on
Pure unadulterated luck
CaliKeyserSoze510 on
Cocaine
Viktri1 on
You want to come up with a thesis where the market thinks X and you think Y, the mispricing means that you can make 5:1 instead of 0.5:1, and you need to survive until the thesis materialises.
Like let’s say you think Nvidia will buy company A. Market believes the probably is zero. The stock price of company A will not price in your thesis is Nvidia purchasing it. Is it worthwhile to buy company A? Maybe – what price do you think Nvidia will pay. Will they pay 10% premium to today’s closing price or 50%? If 50%, maybe it makes sense to buy calls in A or shares of A while buying puts and shorting calls above your expected purchase price. If 10%, well SPY is up 15% so it might not be over your hurdle rate
EdwardReisercapital on
Don’t be greedy.
luoyuke on
Rule of wsb:
1. If Cramer says buy, you sell.
2. If WSB says buy, you’re already too late.
3. If position is good for posting, it is good for sell.
presidentelectrick on
Personally, I swing trading companies that makes products or services that everybody uses (AMD, AMZN, MSFT, etc).
I buy shit that precipitously drops due to unknown reasons or the most ridiculous reasons (algos mainly). Typically I target things down 3% in a day. I do not hold for long. Just enough to see it get close to back to that 3%.
DO NOT let the dollar amount scare you. When I was trading $100k and was up 1% in a day, or $1,000 I was pretty happy. Now, with my portfolio, 1% is a scary dollar value, but still only 1%.
Plan your trade and trade your plan. DO NOT GET EMOTIONAL!
knightsunbro on
don’t trade 0dte options
mycatlikesluffas on
Buy dips on ascending squiggly lines.
Sell if it goes up a lot, sell if it goes down a little.
Always pump your picks on national TV if you have the option.
-Mark M.
BrockDiggles on
It’s easy to make money in a bull market. It’s also even easier to lose money in any market if you’re greedy.
I always try to remember the trading advice my dad gave me: Pigs get fat, but hogs get slaughtered.
28 Comments
I sell high sometimes
Seriously, i inverse myself
I trade on vibes
You guys are making money?!?
Don’t Go full regard
I just kind of keep track of the news and then make plays off of that, ya know?
Step 1: Think of a logically constructed trade
Step 2: open your broker
Step 3: do the exact opposite of what you thought of
put it all on black until it turns red ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4267)
If you want steady gains, not huge, but decent, look at spy options a couple months out that are in the money. I’ve been doing this since January and started with $3600, now just over 40k. Not a huge win, but at least it’s positive
Know when to hold ‘em. No when to fold ‘em.
Same principle at the casino as here in this unwoke mint.
Play mergers during republican president administrations
1. Don’t buy on vibes or what other people say. Buy within a small space that you know a lot about. For instance, I do almost exclusively commodities futures, and only a few commodities.
2. Set a limit, stay within it. Don’t develop a gambling addiction.
3. Stash away some of your winnings and let it sit in some boring, less volatile funds.
4. Sometimes there are no good trades. Don’t lower your standards. Wait for a good opportunity.
5. If you know what you’re talking about and the trade is good, then even if it doesn’t work out you should be able to say in retrospect that it was a good trade and worth the risk based on the information you had.
https://preview.redd.it/xhmv0gfetb8d1.png?width=602&format=png&auto=webp&s=010319a35a76b9bda0c287b6f6634d6d40455ac6
In my retirement account I just buy VOO and I’m up 24% in one year doing nothing.
In my taxable I tinker and try to market time/play with options and I’m up 8% mostly TLT undersized gains after buying the dip and getting interest, listening to cpi and fed meetings mostly. Gold was also a great play but that’s my savings for when I’m old and need to die with a treasure map, yar!
Covered calls and cash secured puts.
Write credit spreads or csps at a range where Id be willing to buy calls. Then buy 1-2mte calls if they hit but nothing fundamentally changed about the market. I do this using the margin available from holding a dividend etf.
This is basically just tracking the market with some extra risk/leverage, nothing proprietary or new.
Pure unadulterated luck
Cocaine
You want to come up with a thesis where the market thinks X and you think Y, the mispricing means that you can make 5:1 instead of 0.5:1, and you need to survive until the thesis materialises.
Like let’s say you think Nvidia will buy company A. Market believes the probably is zero. The stock price of company A will not price in your thesis is Nvidia purchasing it. Is it worthwhile to buy company A? Maybe – what price do you think Nvidia will pay. Will they pay 10% premium to today’s closing price or 50%? If 50%, maybe it makes sense to buy calls in A or shares of A while buying puts and shorting calls above your expected purchase price. If 10%, well SPY is up 15% so it might not be over your hurdle rate
Don’t be greedy.
Rule of wsb:
1. If Cramer says buy, you sell.
2. If WSB says buy, you’re already too late.
3. If position is good for posting, it is good for sell.
Personally, I swing trading companies that makes products or services that everybody uses (AMD, AMZN, MSFT, etc).
I buy shit that precipitously drops due to unknown reasons or the most ridiculous reasons (algos mainly). Typically I target things down 3% in a day. I do not hold for long. Just enough to see it get close to back to that 3%.
DO NOT let the dollar amount scare you. When I was trading $100k and was up 1% in a day, or $1,000 I was pretty happy. Now, with my portfolio, 1% is a scary dollar value, but still only 1%.
Plan your trade and trade your plan. DO NOT GET EMOTIONAL!
don’t trade 0dte options
Buy dips on ascending squiggly lines.
Sell if it goes up a lot, sell if it goes down a little.
Always pump your picks on national TV if you have the option.
-Mark M.
It’s easy to make money in a bull market. It’s also even easier to lose money in any market if you’re greedy.
I always try to remember the trading advice my dad gave me: Pigs get fat, but hogs get slaughtered.
https://preview.redd.it/i4uwvejxvb8d1.jpeg?width=1184&format=pjpg&auto=webp&s=f29d318530a484833bf63d11847b363f1e8ac299
Step 1: Collect Underpants
Step 2: ?
Step 3: Profit!
#C A S I N O