04-11-2022, 02:14 PM
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#1
- OliverHeldens
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Up $20k today in my Investment Account
Bought about $200k in Puts on QQQ today, which is a Tech ETF. Will get destroyed by higher interest rates and withdraw of Federal Reserve Support from markets. Assuming this will keep printing money for at least the next couple months. Hoping for one big drop(like 10% over 2-3 days) then I'll sell.
Wish me luck, boys and girls.
Wish me luck, boys and girls.
04-11-2022, 02:16 PM
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#2
- BrooksKoepka
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Mirin
04-11-2022, 02:21 PM
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#3
- OliverHeldens
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Originally Posted By BrooksKoepka⏩
It's definitely not too late to get in on this investment. Look at the 5 day chart for QQQ. Straight down. It's early, lots of big money to still be made here.Mirin
04-11-2022, 02:22 PM
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#4
04-11-2022, 02:22 PM
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#5
- dopamine72
- Endorphin Junkie
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- dopamine72
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I would not be holding that over night, take the 20k profits and run after hours now, srs
Chit could be green as hell tomorrow like most last week (with pretty much the same news as before)
Chit could be green as hell tomorrow like most last week (with pretty much the same news as before)
Journal: https://forum.obnoxiousbrutes.com/showthread.php?t=139898123&page=240
04-11-2022, 02:28 PM
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#6
- OliverHeldens
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Originally Posted By dopamine72⏩
These don't expire for another 2.5 months, and are 50 cents from being in the money.I would not be holding that over night, take the 20k profits and run after hours now, srs
Chit could be green as hell tomorrow like most last week (with pretty much the same news as before)
Chit could be green as hell tomorrow like most last week (with pretty much the same news as before)
Data will determine whether a turnaround happens, and I'll have plenty of time to change course if needed. Ideally, I'm not looking to sell these for at least a month.
04-11-2022, 02:30 PM
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#7
- BeanGainClovis
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- BeanGainClovis
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Originally Posted By MetroBrah⏩
MetroBrah you are too humble it's humblingI'm too scared to do this tbh, but I wish you the best srs
If young MetroBrah don't trust you I'm gonna neg you
Beans. Cleans. Gasoline.
04-11-2022, 02:30 PM
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#8
- dopamine72
- Endorphin Junkie
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- dopamine72
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Originally Posted By OliverHeldens⏩
Bet you're going to experience some incredible swings back and forth lolI'm not looking to sell these for at least a month.
Good luck
Journal: https://forum.obnoxiousbrutes.com/showthread.php?t=139898123&page=240
04-11-2022, 02:34 PM
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#9
- Underwrought
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- Underwrought
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Yeah but are you really any happier inside?
04-11-2022, 02:39 PM
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#10
- BeanGainClovis
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- BeanGainClovis
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Originally Posted By OliverHeldens⏩
Assuming this isn't a LARP, that's an extremely risky playThese don't expire for another 2.5 months, and are 50 cents from being in the money.
Data will determine whether a turnaround happens, and I'll have plenty of time to change course if needed. Ideally, I'm not looking to sell these for at least a month.
Data will determine whether a turnaround happens, and I'll have plenty of time to change course if needed. Ideally, I'm not looking to sell these for at least a month.
You are not totally confident in your thinking, this is an easy way to piss $200k down the drain
Even if it works out, managing your money like this will inevitably lead to losses
You want diversification, asymmetric probabilities, and risk management
At that point, managing these sorts of sums, you might as well work for Wall Street or hire someone who does
If you really are some rich DJ dude then would hire a financial advisor, it's still your money to manage how you want
But this way you can get insight from professionals and avoid making risky decisions like these
Risk is unavoidable and important, but it has to be managed very carefully
It's more about preventing losses and surviving than chasing wild gains
Beans. Cleans. Gasoline.
04-11-2022, 02:41 PM
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#11
- OliverHeldens
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Originally Posted By Underwrought⏩
I'm an adrenaline junkie and am already guaranteed being wealthy for life.Yeah but are you really any happier inside?
These types of investments are simply capitalizing of opportunities that I've started to realize after doing this for 3+ years now.
04-11-2022, 02:42 PM
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#12
- OliverHeldens
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Originally Posted By BeanGainClovis⏩
I'm well aware of the risk profile of this investment.Assuming this isn't a LARP, that's an extremely risky play
You are not totally confident in your thinking, this is an easy way to piss $200k down the drain
Even if it works out, managing your money like this will inevitably lead to losses
You want diversification, asymmetric probabilities, and risk management
At that point, managing these sorts of sums, you might as well work for Wall Street or hire someone who does
If you really are some rich DJ dude then would hire a financial advisor, it's still your money to manage how you want
But this way you can get insight from professionals and avoid making risky decisions like these
Risk is unavoidable and important, but it has to be managed very carefully
It's more about preventing losses and surviving than chasing wild gains
You are not totally confident in your thinking, this is an easy way to piss $200k down the drain
Even if it works out, managing your money like this will inevitably lead to losses
You want diversification, asymmetric probabilities, and risk management
At that point, managing these sorts of sums, you might as well work for Wall Street or hire someone who does
If you really are some rich DJ dude then would hire a financial advisor, it's still your money to manage how you want
But this way you can get insight from professionals and avoid making risky decisions like these
Risk is unavoidable and important, but it has to be managed very carefully
It's more about preventing losses and surviving than chasing wild gains
04-11-2022, 02:44 PM
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#13
- dopamine72
- Endorphin Junkie
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- dopamine72
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Originally Posted By TugOfPeace⏩
Last two weeks have been good for me besides last few trading days. I mainly said that because I thought his expiration date was much sooner.last week was red as fukk. Why do you expect green tomorrow - good CPI numbers?
But yeah I think we'll have at least a couple green tech days this week. Hopefully tomorrow cuz my tech got wrecked today and I don't see this being red all week, no way.
Journal: https://forum.obnoxiousbrutes.com/showthread.php?t=139898123&page=240
04-11-2022, 02:44 PM
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#14
04-11-2022, 02:55 PM
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#15
- BeanGainClovis
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- BeanGainClovis
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Originally Posted By OliverHeldens⏩
You are aware but you also put a $200k loss on the line to make 10%I'm well aware of the risk profile of this investment.
Betting against QQQ is dangerous enough as it is, because it trends upwards
I'm not saying this to make you feel foolish, this stuff is just my job and I've seen this happen
You are better of diversifying into several assymetrical plays with a longer time frame
Good investing is boring, if you are an adrenaline junkie then you are just gambling
People who manage this kinda money with equity derivatives have the insigt/info to invest with confidence
This is more like making a bet for the thrill of it and then trying to rationalize it with strangers online
It's not my money, but I do believe that money is a valuable thing that shouldn't be wasted
They will straight up take your money
Consider also investing in your community
When you give to the poor, you lend to the Lord and He repays
That investment will enrich your life far more than extra $20k if you are already loaded
Just my insight from inside Wall Street, I won't be offended if you ignore it
Beans. Cleans. Gasoline.
04-11-2022, 02:58 PM
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#16
- SaltyDog920
- Certified jawstethics
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- SaltyDog920
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Nice, I'm down 10k in the first quarter.
04-11-2022, 02:59 PM
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#17
04-11-2022, 03:03 PM
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#18
- OliverHeldens
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Originally Posted By BeanGainClovis⏩
I made 10% in the first 6 hours of trading. The potential here is much higher. You seem like someone who works for boomers who would jump off a bridge if they lost $10k. That isn't me.You are aware but you also put a $200k loss on the line to make 10%
Betting against QQQ is dangerous enough as it is, because it trends upwards
I'm not saying this to make you feel foolish, this stuff is just my job and I've seen this happen
You are better of diversifying into several assymetrical plays with a longer time frame
Good investing is boring, if you are an adrenaline junkie then you are just gambling
People who manage this kinda money with equity derivatives have the insigt/info to invest with confidence
This is more like making a bet for the thrill of it and then trying to rationalize it with strangers online
It's not my money, but I do believe that money is a valuable thing that shouldn't be wasted
They will straight up take your money
Consider also investing in your community
When you give to the poor, you lend to the Lord and He repays
That investment will enrich your life far more than extra $20k if you are already loaded
Just my insight from inside Wall Street, I won't be offended if you ignore it
Betting against QQQ is dangerous enough as it is, because it trends upwards
I'm not saying this to make you feel foolish, this stuff is just my job and I've seen this happen
You are better of diversifying into several assymetrical plays with a longer time frame
Good investing is boring, if you are an adrenaline junkie then you are just gambling
People who manage this kinda money with equity derivatives have the insigt/info to invest with confidence
This is more like making a bet for the thrill of it and then trying to rationalize it with strangers online
It's not my money, but I do believe that money is a valuable thing that shouldn't be wasted
They will straight up take your money
Consider also investing in your community
When you give to the poor, you lend to the Lord and He repays
That investment will enrich your life far more than extra $20k if you are already loaded
Just my insight from inside Wall Street, I won't be offended if you ignore it
QQQ is a good longterm investment. This isn't a longterm investment. It's a bet that QQQ will drop at least 10-15% in the next couple months.
04-11-2022, 03:19 PM
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#19
- bfdehewdbyywhn
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- bfdehewdbyywhn
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Originally Posted By dopamine72⏩
low IQ pussyI would not be holding that over night, take the 20k profits and run after hours now, srs
Chit could be green as hell tomorrow like most last week (with pretty much the same news as before)
Chit could be green as hell tomorrow like most last week (with pretty much the same news as before)
HTC is too skinny for me. Fat Girls only crew. serious
Chubby Chaser and Fat Girls Only crew Founder
04-11-2022, 03:36 PM
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#20
- ChunkBuster
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- ChunkBuster
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Lithium tanked. I’m down a bit.
My IB account is currently worth $314k.
Hoping for $1m in 7-10 years then retire to Spain or Portugal.
My IB account is currently worth $314k.
Hoping for $1m in 7-10 years then retire to Spain or Portugal.
04-11-2022, 03:45 PM
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#21
- guest89
- Forever aBOARD
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- guest89
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1. This is not an investment. Its a gamble.
2. Until you realize those gains. Its irrelevant to talk about. Furthermore any 'gains' you make in the market are irrelevant to talk about until January of 2023.
3. There is nothing wrong with gambling and taking wins. But don't pretend like you don't take L's or hold bags too.
I did a lot of active trading in 2020 and it was fun. But IMO buying and holding stocks long term and trading Crypto is a much more profitable play. If I'm going high risk I want to be able to 10-100x my money.
2. Until you realize those gains. Its irrelevant to talk about. Furthermore any 'gains' you make in the market are irrelevant to talk about until January of 2023.
3. There is nothing wrong with gambling and taking wins. But don't pretend like you don't take L's or hold bags too.
I did a lot of active trading in 2020 and it was fun. But IMO buying and holding stocks long term and trading Crypto is a much more profitable play. If I'm going high risk I want to be able to 10-100x my money.
04-11-2022, 03:51 PM
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#22
- Nocturnal310
- F*ck Joe Biden
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- Nocturnal310
- F*ck Joe Biden
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lol. i just put money in mutual funds, safe, most boring investment i guess.
F*ck Joe Biden
"Your problem is you spent your whole life thinking there are rules. There aren't. We used to be gorillas. All we had is what we could take and defend." - Lorne Malvo
“I'll do anything usually if there's money involved and little work.” — Daniel Tosh
Chef Crew | NYC Crew | Knee Draggers Crew | Wristwatch Crew
04-11-2022, 05:58 PM
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#23
04-12-2022, 06:50 AM
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#24
04-12-2022, 06:54 AM
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#25
- skinnyntall
- Putt Jatt Da
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- skinnyntall
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Rekt
LAKERS
04-12-2022, 07:00 AM
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#26
04-12-2022, 07:37 AM
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#27
- donblaximus
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- donblaximus
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Originally Posted By OliverHeldens⏩
If you have guaranteed "wealth" for life as you claim......then how does $20k get your adrenaline going?!?I'm an adrenaline junkie and am already guaranteed being wealthy for life.
These types of investments are simply capitalizing of opportunities that I've started to realize after doing this for 3+ years now.
These types of investments are simply capitalizing of opportunities that I've started to realize after doing this for 3+ years now.
The amount of times on the internet and in real life that I scratch my head thinking "does this person not understand they look like a complete clown"........
04-12-2022, 07:38 AM
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#28
- HMFIC_BROWSIN
- Buy high, sell higher.
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- HMFIC_BROWSIN
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I remember my first trade....
04-12-2022, 08:54 AM
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#29
04-12-2022, 08:57 AM
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#30
- EnforcerOTF
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- EnforcerOTF
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dam rip puts
i put 200k in calls
i put 200k in calls
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