Lots of downside pinaction for your pinheads today. All of you faggots were TALKING SHIT and now you’re not. See how the market works to humble you into submission?
I already had taken profits at the open on my fucking SHORTS — but then I parlayed 5% of my account into CODX for fun — and because I could. I just sold it for an 11.6% day trade. Very easy, very clean.
Going forward, we have a decision, don’t we? Will markets resume it’s nonsensical babbling higher, or will ORCS RUN WILD and fuck shit up?
Truthfully, it is rare to see markets down more than 2 days in a row, so the odds of you shorting into the hole and living to tell the tale are against you. Cautious men will sit this trade out, but I will not and will post my big ball’d positions in Exodus — after 3pm.
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Aussie says blood. Done for the day. TZA was fun but its Friday. Props to anyone shorting IWM/SPY for more than 5 minutes at a time. You have balls. Godspeed.
Gold looking sexy AF in its own little 7 trillion dollar world…
Gold and USD climbing together like stalin and churchill smoking cigars in 1941.
Stalin: “I have more soldiers than the Germans have bullets”
Churchill: “hold my scotch…”
My portfolio is so medieval right now.
If the dollar goes past late march highs…
the most lit currency short squeeze of all time may be unfolding ladies.
all around the world people are selling their wives and kids for green paper and here we are buying bitcoin and TSLA calls
Rocky V was such a good fucking movie though so I get it.
And Churchill & FDR were hi-5ing dancing-israeli-style after 12/7/41.
Are you liking any shitcoins pre/post halving?
Bitcoin is the only coin i own. when the fat old men decide they want to move .05% of their portfolio into crypto its gonna be BTC.
until bitcoin starts acting like TLT/GLD this is purely commodity trading because 40% drops are not acceptable for “currency”
everyone buying crypto right now is planning on selling for USD in the future, as long as that is the case there is no reason to do anything but pick the fastest baddest coin IMHO
I’m an old man but not real fat.
Is bitcoin for me?
The best performing asset class and you own -0-?
Yes you should, own some. It’s an asymmetric bet.
How much? Whatever you are comfortable with. .001%, .01%, .1%, 1%, 2%, 5%, 7.5%, 10%…
Zero is the wrong amount.
How do I get it? Get the Cash app. (Owned by Square) Buy on there. Ideally then move it to a wallet of your own.
Remember, stocks, bonds, options, money market funds, your bank account,… – All are ultimately just credits at the company store.
They may always be good; or not.
Gold, silver, Bitcoin in your possession – is yours. No 3rd party can say you have a problem withdrawing your funds.
Why do you like btc over the others ?
“when the fat old men decide they want to move .05% of their portfolio into crypto”
Yes people, it really is just that simple.
You have got to be “we won the vietnam war because we didn’t nuke them” types of stupid to get long right now.
Hot damn. It’s getting lively again.
Overlay the 3-month performance of AAPL with the NASDAQ and discover the truth: where AAPL goes, the market will follow.
MSFT, AAPL, AMZN, GOOG, GOOGL, FB are the market as a percentage representation of DJIA, NASDAQ, S&P by sheer weight of market cap. Google and Facebook are mostly ad driven. Let’s see what happens over the next couple of weeks.
I like fire. Therefore IWM options.
I bought a fuckload of IWM SEPT 70 P. Avg price .50
Sold IWM July 125p and rolled into even more July 120s
Holding July 110p
Hedging with July 140c
Bought some July 125c near today’s bottom, sold 1/3, +12%
Also holding SIL UGAS TVIX NUGT
I ain’t fuckin’ around and will continue buying puts and inverse ETFs. I will hit a homerun or go extinct.
Not really, the hedges did great. Down 20% from HOD.