If anyone shows me love here, I show love back. When anyone is loyal to me I am loyal to them. We need more real men who keep and value their word.
Too many dudes here who just want to take and offer nothing in return but excuses
Let's have a #contest!!!
I give you a chart. You say either "higher" or "lower" in the comments.
Single elimination.
Play until only one player remains.
There will be a prize for the winner and...
A prize for someone who FOLLOWS AND RETWEETS!
Have fun!
Round #1:
Here you can see that I locked in 291% on the call side of the strangle.
The put is down over 70% but I still hold it and I have until Feb 14th to look for an exit.
Like, follow, retweet if you enjoy this content and I will make more.
Predictions are just for fun and bragging rights.
In reality, no one can tell the future.
For the FOMC meeting I played a strangle.
A strangle is a bet that the market will make a big move in ANY direction.
You lose if the market doesn't make a big enough move.
Powell scheduled to speak Feb 1st but will leak tomorrow.
Will hike the full 50bps bringing borrowing rate to 5%.
Will stop raising rates and the rest of the year will revolve around CPI, earnings, geopolitics.
Markets will be volatile until recession triggers QE 2024.
Moon.
Market will pull back until Jan 31st FOMC meeting...
Unless Fed speaks on interest rates sooner.
Fed will say "same 2% target, interest rate hikes will be data driven". Bullish.
2023 will be news driven. Main risks are geopolitical.
No news is good news.
Some domestic risk:
If the Fed states that they won't lower interest rates until they hit 2% inflation... the market will fall.
Because 2% inflation isn't going to happen.
We will find a new bottom and then we will enter another cycle of speculative pumping on bad news.
Market will pull back until Jan 31st FOMC meeting...
Unless Fed speaks on interest rates sooner.
Fed will say "same 2% target, interest rate hikes will be data driven". Bullish.
2023 will be news driven. Main risks are geopolitical.
No news is good news.
I am taking a little dry powder and firing a shot today and here is why:
1) Rate of inflation has cooled off from Q1/Q2.
2) Ukraine war may be peaking.
3) Supply chain problems are alleviating.
4) If the $DXY and $TNX paint a lower high, I expect many will take the trade.
5 winning trades in 14 minutes. Alternating between calls and puts, playing both sides of the market. You don't need $25,000 as most people believe.
I am considering releasing a course! Is anyone interested in learning this method of trading?
How to make 20% in 28 seconds.
You have to find the method of trading that agrees with your temperament.
Investor, Swing Trader, Scalper
I can't stand feeling the urge to check the chart before I go to bed and when I wake up and 50x a day.
That's why I am a scalper.
I am considering building a course teaching people how I day trade options using ThinkorSwim.
There are a few things that I am positive almost no one knows (delta up/delta down and how to use it to your advantage).
And countless other golden tidbits.
Anyone interested?
I am taking a little dry powder and firing a shot today and here is why:
1) Rate of inflation has cooled off from Q1/Q2.
2) Ukraine war may be peaking.
3) Supply chain problems are alleviating.
4) If the $DXY and $TNX paint a lower high, I expect many will take the trade.