finance
Discord ID: 687149062129975325
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Gentlemen
<:ahem:639979147782914084>
hello hello
am i rich now?
yes
rich only in love
based
I didn't get the first comment <:why:638779720015675405>
so Im currently learning options trading
Using Robinhood?
but from I can tell Volatility is high
Yes lol
options are expensive for high volume stocks
I use Fidelity
Lots of people sitting out
also difference bid prices and ask prices are high
@Smoke have you done any options trading?
No just normal stock contracts a year plus ago. Iโve looked into options recently tho, seems simple enough. I made quite a bit of money and lost it all like a reckless junkie and had to take a break
<:ahem:639979147782914084>
ok lets do this together then
I think it would be no bids? Just buy in the moment. You can do puts to short or calls to long
Am I missing anything
Yeah I was checking out Robinhood but the app seems unstable recently
I head they were having problems, many people lost money from what I heard
Ya the app went down for a couple days during the crash lol
It seems super difficult to time market right now. Very news dependent. Stimulus news would cause pump, corona news a dump. I expect we go down in the mid term
Just as wuflu ramps up
so we can expect some kind of volatility going into sept
Im forgetting when they finalize the candidates and start the debates
I know some people trade the news, but not sure how
especially with premiums and bid ask spreads being high
I would almost expect market to recover by then. Election years are typically stronger market i guess
I think once we see the silver lining in supply/ infections, itโs gonna pump hard
I try and trade on mid-long term trends and sentiment
News can be too micro
Iโll need to get familiar with options more tho
have any resources that you could recommend on options
Not really. I just read a couple articles on using Robinhood and itโs pretty simple. I think they give you less to make it user friendly. Iโm not familiar with premiums or bids even with Robinhood so you probably know more than I do
Iโm decent TA tho. Spent a lot of time learning and paying to learn. Tho that seems to be a minimal part with current market
ahh ok
I guess my plan is to look into fidelity vs Robinhood or anything else. Iโm wanting to wait until Trump announces his stimulus tho. That is probably in a week or so
Lots of traders sitting out tho so Iโm not in a hurry to jump in
I think in the mean time it would be prudent to read/watch as much as possible
on options
Yeah, Iโll do that, and get setup on some platform
I heard thinkorswim with td ameritrade is good
people seem to be using that
Im using active trader pro from fidelity because I have an account with them
I swore I saw this channel as "fiancee"
blindness and dyslexia kicking in
it's o๐ ฑ๏ธer....
its ok
if only
A finance channel is being opened the last month finance will actually matter
Nice
yes
Unless you consider barter finance
fed wont allow it to collapse
How many blowjobs can I get for a 4 pack of Charmin?
Iโm going to pimp out my slaves for that
Today is gonna be red
<:angrysoy:660033157931991041>
Burn stockerinos burn
yeah bond yeilds are going down
Awesome. Love the new board๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ
we all gon die
all die
We are fine. I had corona last week. I am cool now
everything is fire
but also buy the dip
Enterprise has good technicals, buy the dip..... the dip is now 17..... oh wait 15.... 13.77......buy the dipssssss?????
Buy the dip at 6.4
I did it. I bought the dip. Soon I will not need to work. I just need to wait it out and not sell. I took out loans to buy triple leveraged stonks, soon I will be in the 100k asset club.
Shit.. checked robinhood. It turns out is wasnt the floor.
Its almost like something happened in 1965 that caused exponential debt growth.
Weird, eh?
<:smug:639989438285611010>
What even is debt at this point
if the us would print out the debt and build a debt tower, we'd already be on mars and it would be Obongos achievement
what happens if america just defaults
Then they can never sell another bond for a long long time
and since everything runs on debt.....
default to who
the debt is all accumulated as unfunded liabilities
which means a bunch of boomers will be on the street
and welfare recipients will have to find a job that's not kidnapping children
the debt is owed to you
you're gonna pay for it
A lot of it yes. Especially in Cali and Illinois
short everything associated with "social"
buy btc
morn
err afternoon
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