/biz/ - Business & Finance

>>15969664
Herds will always be herds. Doesn't matter who the constituents are.

>>15969664
You're a chud. They have algorithmic trading AIs that are worth 100s of millions more with each millisecond they shave off their decision tree.

In crypto, it's just falling back on pre-information age, zero regulation, robber baron shit that worked up till the end of the 20s.

It has NOTHING to do with anything except narrative building and brute forcing the market to support that narrative.

>>15969664
> they have buildings full of ivy grads evaluating companies
>Companies
HA.

>>15969684
Are you referring to the 2010-20 as the 20s

Based

>>15969664
This is why you collect premium upfront and make money from theta decay using spreads retard

>>15969664
guy in your pic wasn't an ivy grad neither were his goons

>>15969684
What's the narrative big guy

>>15969664
Go long on the market dividend growth my friend.

Trading is speculating and you will eventually loose money

>>15969664
and if you meet any of them, they are purely fucking retarded, no thanks

>>15969664
>thinks anyone or anything can predict the market
heh

>>15969664
I might not be smarter than all of wallstreet, but I make a higher annual return than their best.

Because I'm all in on LINK

It really is a clown world

isn't

it

And yet a bunch of neets on this god forsaken board discovered link before all of them

>>15969717
The first one was stateless currency for the web/dark web that would have to hold sufficient value to capture that activity.

The second wave was crowdfunding/company coins to circumvent accredited investor gating.

The third will be monetizing data because "data is the new oil".

All of the waves are covers for exchanges, miners and whales cashing out against greater fools so that they can preserve their operations and lifestyles until the next narrative takes form. Often this also involves a halving of the reserve currency of the space. Most times, what is actually delivered is underwhelming but some people get incidentally rich off of it.

>>15969664
>her

>>15969684
>muh high speed algos

Don’t trade on the 1 min time frame then, trade the daily

>>15969728
>he doesnt
heh

>>15969707
>credit spreads

MY NIGGA

>>15969664
Reminder you're not smarter than pajeet street. They have buildings full of potty training grads evaluating streets. do you really think they havent priced in all the information you think you found?

>>15969847
The only thing holding back many of the high iqs here is lack of risk tolerance and inability to accept that the market is directed by bots programmed for an hysterical environment. OP is shit talking anons like they're mouth breathers. Some are just too young to understand their situation.

>>15969815
Nah you're over thinking it

It only ever pumped due to tether

>>15969891
Step one is money management of trades

Step two is understanding that trading direction is a losing game


95% never get past step two

>>15969900
You're absolutely right but there are still tons of hedge funds out there leveraged long riding this bull market and making billions upon billions.

Institutional money management isn't always based on common sense, and there are plenty of traders making massive amount of money on a lucky streak out there that will get absolutely destroyed when the market turns.

I know enough Wall Street people to know that I'm way smarter than those assclowns.

>>15969664
Nigga my friends a code money for wall street, he straight up admits people are trying way too hard to extract every last pitiful cent from this meaningless trading metagame.

The game is so oversaturated it creates pathetic myopic 1 second derivative candle juking that has jackshit to do with the future of investments. And do you really think John Boomer is going to let his firm explore crypto?

>>15969664
Did they all buy BTC back in 2009-2010?
Did even 1% of them do as such?

>>15969664
I know a couple of ivy league grads. They're not smarter than me.

>>15969664
It only gets hard when you scale up into the billions.

>>15969717
my linky stays super stinky, $1000 EOY

I have a 135 IQ (conservative result) you absolute nigger that’s the 98.5th percentile I’m smarter than almost 99% of the population and I say guys posting here who are smarter than me all the time. Sure we have plenty of retards but there is a sizable minority of near-genius and genius IQ posters here.

>>15970302
What is the purpose of life smart man guy? Serious question.

>>15970338
Just a test run for the next stage.

>>15969664
High IQ here. Yes.

>>15969998
Hedge funds come and go. Plus you can not trade direction and still catch trends.

The era of cowboy traders working for banks making risky bets died with Dodd Frank. Nowadays it's even harder because algo autism will pick apart your block trades. It's like corporate raiding in the 80's, at one point it worked but now it's dead.

Unless you also work in the industry I don't see why you are so concerned about institutional traders. Retail trading is still very viable.

>>15969706
1920s. Hint: Look up robber barren

>>15970008
>I just work at a gas station because I like the hours.

Cope

>>15969664
"they have buildings full of ivy grads evaluating companies" studying from the same text books

Yeah, naw. We're literal fucking geniuses. Half the people here could take a lead pipe to the head and still be more intelligent then 90% of the people our community is trading against.

imagine the smell

>>15970302
How do you recognize someone of a higher IQ?

>>15970567
You lurk more. I could decypher the personality of a schizophrenic through the shit he smeared on a bathroom wall after spending years here.

>>15970593
.

You're also forgetting that wall street is full of
>boomers

You could've made the same argument about the internet in the 90's. They're full of smart well educated people, why didnt they see what was on the horizon and price in amazon being a trillion dollar company?

>>15969664
Most ivy grads are dumb as rocks, they’re great workers but most could not tell you an accurate prediction of anything. The few that can are drowned out by their boomer bosses unless they spend 1.5 decades waging up the ladder and by then their only connection to current events is news and the newbloos described above. This is why America fucks itself over and over and never breaks the pattern. Even the truly gifted grads cannot make waves until they’v earned their wagoe stripes.

>>15970640
I keep watching this on repeat, its really cute

>>15970444
Checked. trips of truth

>>15969707
Explain please. Already have an unrealized loss in the thousands.

>>15969664
This is why A.I. are worth shit:

>Company 1 makes AI to trade on the stock market/crypto whatever
>Company 2 finds out Company 1 makes AI through corporate espionage
>Company 2 makes AI to defeat Company 1 at trading by exploiting its behaviour
>Comapny 3 notices what Company 1 and 2 are doing, fucks them over both
>Company 1,2 notice they are being fucked
>repeat ad nauseum

In the end, it's like pre-information age trading because it's all just a bunch of AI's trying to fuck each other over, achieving nothing

>>15970302
>I say guys posting here who are smarter than me all the time
>I say
i think you meant "see", genius. or is this some next-level bait?

>>15970730
ask the alphabet dudes.

>>15970696
Certain options pay you premium (money) for buying or selling them. Options with higher implied volatility (IV) pay more. If their are in the money or out of the money also influences the amount of premium. Normally options expiring worthless is bad but when you focus on premium you want them to expire worthless, therefore taking advantage of the big bad wolf of options (theta decay).

It's safer to do credit spreads than just buying/selling put or call options naked. It lowers your downside/upside risk.

This is a very basic explanation, but if you can grasp this concept of not trading a direction you just jumped ahead of all the retail assholes who struggle and fail.

>>15970730
Smart people have a high time preference. Proof reading a shitpost for errors or fighting with autocorrect is a task for low time preference wannabes.

>>15970751
i agre
t. fello jenius

>>15970745
So is a credit spread the same as buying or selling options going in both directions? Eg buying a put and buying a call.

OR do you mean buying a put and selling a put within a set range where loss is minimized but you likely come out at a gain (same for calls)? A bit confused as I never went beyond options trading on robinhood.

>>15970771
I get it, attacking spelling and grammar errors is tactic #1 when dueling online, but maybe consider their point first. You might learn something?

For instance my post >>15970745 about non directional option trading has a couple grammar errors but the information will literally save someone an insane amount of money/time during their trading journey.

>>15969664
should i name this babysitter.jpg or what is going on in this image?

>>15970444
Based and simulationpilled

>>15970778
In simple execution terms; you buy and sell a put/call at the same expiration but slightly different strike prices. This gives you premium but also protects you from loss in case the product you are trading goes against you.

This is a very basic explanation, but I can give an example if that helps.

>>15970811
Please go on. I don't know anything about options but would like to play with some spare cash.

>>15970811
Alright say you
Sell an Apple put at $225 with a premium of $5
Buy an Apple put at $215 with a premium of $2.5

Should both expire worthless that is a $250 gain. Should the stock go straight to $0 you only lose $750 (assuming you dont actually have to own the stock on expiry to force sell it to the $215 option).

However I'm confused on one part. Say the price dips to $215 your sell put is exercised and buy call isn't. Seemingly only a $500 loss. SEEMINGLY. How do you protect youself from the true max loss of all the money you paid. Since the stock could crash more by the time you receive it on Monday. Want to cover all my bases as I'd like to make my money back but don't want to do something stupid and lose it all.

>>15970860
*buy put not buy call

>>15969664
envision the aroma

>>15970860
Jesus, dude. Don't do anything with options. You don't understand how they work.

>Should both expire worthless that is a $250 gain.
What? No it's not. It's a $2.50 gain.

>Should the stock go straight to $0 you only lose $750
No it's not. You lose $7.50, not $750.

>Say the price dips to $215 your sell put is exercised and buy call isn't. Seemingly only a $500 loss.
What? No. You lose $7.50, just like the second scenario.

I don't think you understand the trade you described.

>>15969664

That bitch is by far the hottest actress in Hollywood.

>>15969664

> they have buildings full of ivy grads

And yet they are being outsmarted on a regular basis.

>>15969815
Unironically redpilled post

>>15969664
In almost every movie/Tv-show about bankers or traders.
They are portrayed as swearing wannabe gangsters. Using curse-words in most sentences they utter, always "bro..", talk about money and pussy all the time.

I tend to believe that this is an accurate representation of these peddlers..

>>15969664
i-i-is that her real poosy? how can they show that in a movie. this is lewd and scandalous.

>>15969664
>Reminder you're not smarter than wall street. they have buildings full of ivy grads evaluating companies. do you really think they havent priced in all the information you think you found?

chainlink is the best performing asset in any class the past two years. i am all in chainlink. i am a shut-in neet. i am better than wall street.

>>15969664
We have thousands of NEETS attending places like UCF evaluating shit post and creating memes

>>15971656
What's wrong with UCF
Also, by definition NEETs don't go to college

>>15969684
high iq post

>>15969891
Man which I could meet you irl and grab a drink, I can tell you have roughly my level wisdom regarding this which took many years of stemcelling and being intimidated by legacy market firms to gain, to have the confidence that you can make money in this market

>>15969815
So full circle
>protection for everyone little
>bring in everyone little
>sell everyone little to big

TRUST!
you faggots are on the hellscape.

>>15970805
https://www.youtube.com/watch?v=WjJbb9fjfQk

Too busy paying attention to shit like WeWork to take in just how big of a value proposition a decentralized oracle network could be, yeah.

>>15969670
fpbp

>>15969664
Some market maker sold me 40 options contracts on some illiquid options chain. They are now deep ITM and up 5x and I’m the entire open interest. I’m going to sqeeuze those assholes for at lease a 30 bagger. I have 1.5 years to expiry.

>>15970338
To struggle.

>>15970444
Yes! Spiritual boot camp!!

>>15970488
holy shit the based posters are out in force. so based. thankyou

>>15970739
hi fellow sczhzio . i wish you a comfy and soothing day my friend

>>15972778
Juicy

Gives us the deets

But I bought the dip

>>15970302
i agree 115iq fantom and link holder here

>>15970567
They appreciate the humor imparted to us by the geniuses that created the show rick & morty.

>>15971656
UCF Neet meetup

>>15972778
>I’m going to sqeeuze those assholes for at lease a 30 bagger. I have 1.5 years to expiry.
based LEAP trader!

>>15969664
(((((((ivy grads)))))))))

All you High IQ copefags should get together and pool all your collective genius, start a trading operation, rent an office, acquire a century's worth of connections in banking, with billions of dollars of resources, research and state of the art technology to....oh wait.

>>15970860
Bump any info?

>>15972984
cope

Trading isn't really that difficult if you learn old school price action. None of the quant / hft / smart money really matters, they are just convenient excuses that retail traders use to explain losing trades. Get some screentime, solid money management, and discipline and you will be profitable. You will never be wealthy shilling shitcoins and playing Fortnite.

Like I said earlier: towers full of ivy grade high intelligence, sure, yet theiy are outsmarted on a regular basis! How is this possible you ask?
Because markets are markets... TA is useless, even though every firm pays them... completely useless nonetheless

>>15973199
Old school price action + trendlines + channels are all anyone needs to be profitable. All of the algorithms in the world cannot beat market forces. Even the FED with an unlimited balance sheet cannot overcome market forces.

>>15973305

True to a point. As silly as it may sound, sometime reading the news, and having an according feeling is enough to make a lot of money despite what the champs on wall street say. You can prove them wrong quite often, actually

>>15973305
>Even the FED with an unlimited balance sheet cannot overcome market forces.
A toast to market forces!

>>15969664
1 autistic sperg = 100 wall street "smart" npcs

>>15972778
Please tell me you aren't using Robinhood, their option execution on low volume chains is horrible.

>>15973185
>>15973305
SEE
>>15969900

Your stuck on step one and won't be successful in the long run trading direction. Its a fact. Save yourself the time and money and embrace non directional trading.

>>15973372
>1 autistic sperg = 100 wall street "smart" npcs
Correct! This sperg compounded at 20% for 20 years with two losing months where the drawdowns were like 2%.
Also came up with how to beat blackjack.

Edward Thorp · Math genius who beat the dealer and the market
https://www.youtube.com/watch?v=xcc9nuEqz0k

The power of spergry is immense.

>>15971494
>Sell put:
>$225 per share, $5 premium per share
>Stock goes to $0
>True loss per share/option $220/$22,000
>"Give back" initial capital per share/option $5/$500

>Buy put:
>$215 per share, $2.50 premium per share
>Stock goes to $0
>True gain per share/option $212.50/$21,250
>"Receive back" initial capital per share/option $2.50/$250

If you include the premium on bith options it still comes out to a $750 loss.
Scenario
> Both have same day expiration

Sell put
$200 strike, $5.00 premium per share

Buy put
$190 strike, $2.50 premium per share

>Expiry day stock goes to $190
>Max loss achieved as sell put is exercised by other party and buy put I have is worthless

What's protecting me from getting a bigger loss should the stock keep crashing, since I don't receive the shares UNTIL after close Friday. If stock opens lower on Monday my loss will be greater.

>>15969664
>he thinks anybody but robots are playing the market in 2019

>>15969738
this lmfao i made half a mill of link in a year

>Towers full of mega IQ Ivy League Chads, how can you compete?
How can they compete against the brainlet super boomer S&P500?

>>15973517
Ok, post a screen shot of your gains because you totally arent lying online.

>>15969664
>do you really think they havent priced in all the information you think you found?
No. Because it's all herd mentality. They are good at regurgitating the same information like they learned being good little schoolgoys.

>>15973524

And face this: how can they even compete against 4chan? Do you realize how many BTC millionaires were made here while the big guys were arrogantly smiling?

>>15969664
I know things that only a handful of Silicon Valley VCs know about, it helps knowing people who work in crypto fulltime. Wall Street has no idea what's coming.

True story about Andy... I used to play world of warcraft with andy... he always got on our nerves with that damn etc for a few cents. We told him shut the fuck up, leave us alone you negro...
Andy made his 10k euro investment back then into over 50 million... he left. i have no more contact with him
this is a true story faggots

BTC sorry typo

>>>15973557
>All the wealth made by the BTC run up doesn't compare to a months worth of trading at one of the top 50 hedge funds.


What you and >>15973562 don't get is Wall St could care less if some autistic sperg makes some money on some shit coin with his NEET bucks. I don't know why crypto people have this them vs us mentality.

You guys are talking like crypto is still a secret thing that the yuppies on Wall St don't know about. Google crypto hedge funds, tons of them. They come and go like all of them.

>>15969664
wall street guy here, we lurk on biz because we don't know shit

>>15973633

>All the wealth made by the BTC run up doesn't compare to a months worth of trading at one of the top 50 hedge funds.

Of course not. In fact, a good friend of mine manages hedge fund. He works day and night. And he makes money. But doesn't look so good really. After you turn 50 yo, there must be an easier way

There are trophies on his sideboard... 3 biz fund thank you this, 5 biz ride and so on ...he is a wreck now

billion not biz
sorry typo

What does it tell you /biz/?

>>15969664
>born rich = knows how shit works
just because they wear pink shots and sweater vests doesn't mean anything

>>15973492
Someone make a discord, it will be easier to explain

>>15973732

Shut the fuck you imbecile. I was born rich, I wore torn Jeans and leather... and was looked down upon by the in crew in high school, until I just so knocked out one of them when he dared stumble into me

>>15973755
they didn't realize, the 'rich kids' that I was fucking squared rich ... they just saw what they saw

Which tells you what? Never judge a book by its cover ;)

My Mom was made to pay for his hospital bill XD it was like 8000 shillings meaning 800 euros... ridiculous.. and it made him look even smaller that they demanded that money

Option cfds are where it's at faggots, not the options themselves

>>15973441
I have a real broker. I love low volume options chains because I put a bid in open for weeks waiting for some retarded market maker to need some end of the month premium and hit my bid. Now I’m the entire open interest so he’s fucked. If it goes against him and he wants to buy them back he can’t because these iron hands aren’t selling.

>>15970504
>we’re geniuses
>smarter then
>then


what did ye mean by this

>>15970663
unironically this, especially given the horrible corruption at ivies and the huge drive for “diversity”

>>15973930

I don`t know what he meant.

What it tells me is, yes, we're smarter than you.

>>15969664
> ivy grads
> smart
imagine being this guy
it's the same meme as CEOs working hard

>>15969664
Money is an illusion. Loom at the state of our world realize it's all patchwork ready to collapse. Nothing your greedy ancap fucks want to try to patch it up will succeed. China and india will continue ton outprint your stupid satanic dollar and euro and you are all going to shove into a debt spiral there is nothing you can do. You're done. Enjoy your last lives you destroy in form of some hookers and coke because youre all going down and so will your world.

https://youtu.be/Mya37pvO0LM

>>15969684
This. Crypto is too unregulated and in early stage for the meme AI tech big finance uses to be any worth there.

>>15973892
>ker. I love low volume options chains because I put a bid in open for weeks waiting for some retarded market maker to need some end of the month premium and hit my bid. Now I’m the entire open interest so he’s fucked. If it goes against him and he wants to buy them back he can’t because these iron hands aren’t selling.

Thats good, I agree the easiest opportunities to spot is low volume chains. Just as long as your brokers execution is good then its great.