By far better since Covid. These are the days to fill up the bank account and be prepared for when the market eventually goes back to normal....
Sure, take the AMC trade. I had some $50p leftover from Thursday, and knew I wanted to double up on the open because I thought a move to $48 and...
Yes, and results to vary widely month to month. Sometimes it's just grinding out every day with nothing to show for it. I've had one red month...
Definitely a chart trader. I have 40+ charts at my desk to watch all the setups. Price action + basic TA are everything. Experience plays a big...
Yep, good summary. A really good month would have 4-6 of these.
Yes options do change this, because as the trade starts working the winning side will usually double, while the losing side will drop 50%. These...
No, I only outright buy/sell options. I want max leverage and reward for my setups. It's everything the books tell you not to do.
I suppose that could be. The daily looks pretty good on that stock but I personally wouldn't be a part of the trade until breakout time, ideally...
Everyone's style is different, but for me mentally, I'm able to add more aggressively when I've already started showing a profit on the starter...
For your starter positions I add liquidity and collect the rebates, when I add aggressively I'm taking liquidity using lightspeeds smart route...
It's a slack with some old timers, I cut out all their commentary.
That week was also everything related to GME, like SKT FOSL etc. Gotta love when hedge funds get into trouble.
I post here occasionally just to show that it can be done, create good trading discussion, and possibly learn something from the comments.
Ahh, I've only had one month that big (Jan '21) thanks to GME garbage stocks.
A couple people asked about the setup. It's a simple (and very clear) triangle breakdown. Low 40's are possible next week. I'd prefer for it to...
I didn't see that thread, looks like you made about 30k on NIO? Where did the rest of the month come from? MRIN?
Is that guy still around? Glad to hear While the $100k part is true, you do realize I'm joking about the shitty part right?
Yes, I apologized to my wife for only hitting half the target.
Yes TA. The first line of the chat I say "this AMC triangle is getting super tight". It could have broken either way, but the bottom line is...
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