BIG BIG Play on TVIX. In @ 201.
If tomorrow is red again, Ill finally take a shower after 7 days.
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BIG BIG Play on TVIX. In @ 201.
If tomorrow is red again, Ill finally take a shower after 7 days.
Broker dealers prolly settling all Sonatine’s WSB buddies accounts at close
Great last night ... terrible stubbornness cause losses today.
Will RH kids drive a dead cat bounce? Nope ... they are broke
short airlines/cruises/casinos, long streaming, YALL KNOW THIS DANCE BY NOW
Quote:
Originally Posted by sonatine
One bright spot all day was SWBI. The lunatics in your party have really ignited gun sales and it looks like this stock might continue to rise until Nov.
You didn't get rich on TVIX? SadQuote:
Originally Posted by OSAQuote:
Originally Posted by sonatine
One bright spot all day was SWBI. The lunatics in your party have really ignited gun sales and it looks like this stock might continue to rise until Nov.
Quote:
Originally Posted by Sanlmar
It will be a learning experience.
made 15 large today... nothing special really.
had like net net 15% short exposure
Quote:
Originally Posted by Krypt
Good for you. Must have missed that post.
anyone wondering whose taking the other side of those HTZ plays that /r/robinhood is dumping their stimulus checks on?
its literally HTZ creditors, they have taken 1 _billion_ on HTZ short positions.
they are literally taking the other side of that bet so they can bank an extra billion when hertz finally goes to 0. because they know, absolutely, that its going to 0.
i swear to you, its true, look it up.
MAGA.
TBF, I could be labeled as those RH traders and I have never even looked up Hertz
Holyshit, this is huge. Stock gonna flop faster than my dick out of my pants in front of some sophmore in college.
https://www.google.com/url?sa=t&sour...zwZUWx&cf=1
brrrrrr
Fuck. I am never right. How Im not up 10-15% premarket already?
We get a 6% drop for just one day and then back to normal? So confusing
So yesterday I invested pretty much everything in my TD account, and then withdrew it for a pretty good profit, but most of it isn't available yet. Kind of annoying. I assume there is some way to set up a credit line to avoid this problem?
Market being up 750 points and falling is what they refer to as a dead cat bounce I assume
Can we get to break even by lunch?
Deposit $25k and you’re then rated a day trading class fool with margin and full rights and privileges.Quote:
Originally Posted by verminaard
Quote:
Originally Posted by SanlmarDeposit $25k and you’re then rated a day trading class fool with margin and full rights and privileges.Quote:
Originally Posted by verminaard
i mean, you can get margin without 25k iirc but i think hes grousing about settlement, and the ubiquitous habit of non commission brokers slow boating payouts so they can rake interest.
also apropos of nothing i have two MAJOR UPDATES
one im restarting my bangkok bargirl fund next week after my hilarious attempt to exploit the morning option line shifts got me margin called and
two im starting a lightspeed account as my primary day trading platform because at some point one has to take this shit seriously. ill be using my non bargirlament ToS account for swings probably.
I am not sure WTF is going on, but probably what Sonatine is suggesting. Most of the money I cashed out yesterday isn't available for trading yet.Quote:
Originally Posted by sonatineQuote:
Originally Posted by Sanlmar
i mean, you can get margin without 25k iirc but i think hes grousing about settlement, and the ubiquitous habit of non commission brokers slow boating payouts so they can rake interest.
stonks take about 3 days before the cash becomes available for use/withdrawl (T+3), options one day (T+1).
brokerage houses tend to push people towards margin accounts because they actually charge interest on the margin funds.
i dont hold overnight much anymore, and i strictly trade options, so ive actually migrated to non-margin accounts and honestly i love it, as of now i see absolutely no reason to go to margin any time soon. once in a blue moon ill wish i had the 3x leverage to exploit some line on a security that either doesnt have options or has such a shitty spread that its non exploitable but 9 times out of 10 if i look harder, there is easier money to be made elsewhere regardless.
Margin, like all debt, is almost fucking free. Less than 1%. Run your units how you wanna run your units Sonatine.
Simp and I went back and forth in nonsense posts about Biden’s campaign manager running Justin Trudeau’s 2015 campaign. I then riffed about Parscale not the sort to have gravitas with Trump. Genius keyboard warrior in 2016 but no Bannon. I think the market is coming to the realization that Senate, House and President is going Democrat
COVID reappearing and more Trump rudderless messaging would be insufferable. His riots performance snuffed any glimmer of hope. The economic reality is setting in for the slow and infirm electorate who might have seen Powell.
See how long it takes you to accept what the long term players seem to be accepting.
like to put a finer point on it, it costs $2000 in options to obtain the same results that you would get from a 30k investment leveraged 3x against a 2% stock price shift.
wow sanlimars in his feelings today. its as if he didnt follow the stockamets GUIDE TO EXPLOITING LATE STAGE CAPITALISM but i get it, we all need to follow our spirit guides.
I just wanted to break out SrslySirius line regarding wagering. Immortal stuffQuote:
Originally Posted by sonatine
Quote:
Originally Posted by SanlmarI just wanted to break out SrslySirius line regarding wagering. Immortal stuffQuote:
Originally Posted by sonatine
totally valid imo.
also portonoy is literally front page news on drudge because hes king of the day trading retards according to someone who clearly has never heard of me.
I hate the political stuff but I think it’s noteworthy whenever you can mark the moment if you can.
Ackman, Portnoy, and the day Trump’s hope died. It’s not hard to keep track.
Portnoy was a schtick to drive eyeballs. Genius for a sports site w/o sports. Nobody appreciates satire anymore. Twitter killed satire.
But definitely buy and HODL tgull and abrown
Honestly, I hold them type of folk in extremely low esteem
Don’t need a weatherman to know which way the wind blows
It’s a traders paradise. Don’t squander gods bountiful gifts
Speaking of Portnoy ..... and the merger of stonks and sports wagering .....
Beating the Book had a Bookmaker.eu trader on his show. An offshore trader talking publicly was historic. He was talking about their survival strategies etc. The guy was very appealing and struck me as candid. I learned some things.
One of the topics he discussed was offering daily stock market props. Will the market close at what level over under. They were setting their own lines. NOW THAT CAUGHT MY FULL ATTENTION. I’ll play ya. The Bookmaker trader talked about how he was refining his strategy like closing the prop at 3:30. How some days he doesn’t offer the prop cause he had family business to attend to. So down home. Beautiful.
He admitted he had no experience in the market but WAS a market maker. Hmmm. Okay.
Always looking for a good out I can trust and I wanted to play this guy.
This is an over.
What will the S&P 500 Close at the end of the trading day (4pm EST) 06/12/2020 (Marketwach.com) - TOTAL o3000-120 - (Over vrs Under)
Game Start 06/12/2020 @ 04:00 PM
Ticket # 449383101
Very decent limits.
I got a dozen more.
He is weak on the next day props imo. This screamed the dead cat bounce after huge down day. The stats on this are like 81% historically. This guy needs a rape whistle.
Quote:
Originally Posted by Sanlmar
so wait... am i fucking hallucinating or is this the arb opp of a life time?
what max bet?
Max Risk: $1,110.00
UH OH
It depends. I’m betting live. Sometimes it’s $4k. Sometimes less. $1500 is routinely available.
I’m definitely getting offered more than $1100. You saw a specific offer on a specific line
He’s a market maker. He’s balancing action. I have been extraordinarily busy these past few days pushing buttons so I haven’t spent any time trying to figure his limits algo.
What will the Dow Jones Industrial Close at the end of the trading day (4pm EST) 06/12/2020 (Marketwach.com) - TOTAL o25250-105 - (Over vrs Under)
Game Start 06/12/2020 @ 04:00 PM
Ticket # 4493805
Everything is a potential arb or hedge, right?
I’m just having fun with the idea I’m heads up with a guy not a live wagering service. There is a purity to that which I enjoy. Build my Sportsbook account without paying $700 in crypto fees.
In the context of this community....
Having a flashback where Mumbles is arguing a company’s fundamental prospects with me. I’m like that’s not how wagering works. I mean it’s fun to have a lean but that shit will usually just cost you money. For me, thinking cost me TSLA money and has forever crippled pure thought.
I will admit airlines and cruise bk stonks were another
Hertz is prima facile evidence. They want to issue $1b of new equity and people will buy it. This is like a loose aggressive high stakes limit game.
i totally stand corrected, this is a lot less exploitable than i thought. tl;dr time decay.
also lol at you arguing about fundamentals with a truck driver my dude.
Quote:
Originally Posted by Sanlmar
https://pokerfraudalert.com/forum/sh...l=1#post905754