Mkts expectations are bottoms "here", my own expectations are not yet but soon (i prefer to buy undervalue not at par)
Express this strategically 2 different ways
QQQ - $281 cost, CVar* $200, max profit ~$1.9k, RoR ~550%
SPX - $1.8K cost, CVar* - $3k, max profit ~$21k, RoR 1000%
*Conditional value of risk (CVar) aka worst 5% of all losses
@sdgrumbine@litewhisperer Don’t take this the wrong way, but
what you’ve been doing, do you think you are closer, same or further to achieving what you want?
Don’t fall for this…there is ZERO predictability in P/C ratio, been debunked for decades
Trade efficient markets by understanding probabilistic outcomes, asymmetric opportunity setups, manage size hence risk at entry(this is your “hedge”), and manage winners/losers mathematically instead of emotionally
Trade the trade, not the narrative
This video could’ve been 5mins long but traders love to talk 😉
https://t.co/NchPDGO5A3
I don't know if market cares about renewed Iran sit
But I do know that market is very long calls
and not long downside hedges (puts)
this makes the put call open interest ratios near their ~10 year lows
that transition could be violent
Financialization of an asset always reduces it volatility, even just by being more liquid
$HPE is 0.50 to 1$ wide spread
$IBIT spread is 0.05
Let me repeat again, all anyone is doing is trading risk
Call yourself an investor? it’s still trading risk just on a longer timeframe
@talmonsmith Disposable income is a better measure than pretax no?
Taxes are a claim on income after all
Thoughts - it’s just a story of capital vs labor. All of these metrics are just downstream of endogenous credit which in itself is downstream of exogenous money
https://t.co/9tHd6FgmNv
@FarrellM22 It was more Asian inspired w/Matcha it was ~7$
It’s free to come just check out the space/cars, not a requirement that you buy 😉
I pay 13$ for a loaf of bread in that very neighborhood
Price of paying living wage, profit is not the main driver of my investments
2 years ago opened a no tipping coffee shop coffee shop in BK, all because someone said “it’s impossible to make profit”
They pull in $500k a month, by year end, employees will have bought out most of my equity (5% left from 90)
Invested in a new one check it out!
P.S MT900 will be there this week…iykyk😉