/biz/ - Business & Finance

How does Trade Ogre work, with buying/selling Monero for USDT? Do you store funds on the platform and buy coins at spot price or does it facilitate private transactions like localmonero? Is it based or cringe fellaz?

>>49365586
If you're good at nailing direction you'd be better off buying options.
I prefer selling puts on stocks that have good premium but are in my opinion not as risky as the market is making them out to be. I make sure 100 shares is a fraction of my account size so if I get assigned I can sell more puts on the way down to average down and have a better chance to exit rather than get stuck at the top.
I mention that because normie NPCs immediately default to
>hurr durr the wheel doesn't work because what happens when you get assigned!!!!
And they also seem to fail to grasp that you can get an outsized return by *gasp* doing riskier stocks than the average ones. They're convinced wheeling underperforms which is only true if you go all in on a boring low premium ticker like SPY.
Lastly if you have a bit of intuition you can get a good feeling on when a stock or sector is not done dumping and when it is, to know whether to stay out or get in. Or gauge a dump by the previous lows on the daily or weekly chart. If you get some sense of value you can wait for it to dump to your target price then get in when IV is high but the bear trend has exhausted itself and there's no further downside. Obviously if you're correct this enhances your return rather than getting in too soon. And you don't have to "nail it" like it's going to Y price before X date, just "I don't think it's dumping anymore".

>>49362468
>what's the point of making it when you know that she will never unconditionally love you?
This is why I did not bother getting a gf. My mom thought I was gay but I ended up spending most of my crypto earnings from the last bull run on her and bringing her to travel East Asia after the covid lockdown. We now have a much more intimate relationship and I realized I should have done this sooner because women can only provide unconditional love to things that came out of their own vagina.