/biz/ - Business & Finance

I only buy Zcash

Can you walk on the water if I, you and I?
'Cause your blood's running cold outside the familiar true to life

https://www.youtube.com/watch?v=vvMBE0XuWKg

I stayed up at night just to say this

ALL 3D WOMEN ARE WHORES AND DESERVED TO BE ALL SHOT IN A DITCH AND BURNED SO 2D CAN COME ON OUR WAY

FUCK 3D WOMEN

>futures going up again

Wakey wakey bearcucks...

BAD BOBO

Will my AMZN 2520p 7/2 print tomorrow

What will the market be like 1 yesr from now?

BASED 61.8 support catching that train crash like it aint no thang

up down I win both ways

xth FOR STOCKS ONLY GO UP... even if it takes ten years...

If you're long, take solace in the fact that 2800 is hyper nuclear diamond thorium bedrock support.

>>19726045
Very good. Buy calls now.

VOTE
https://www.strawpoll.me/20350254
https://www.strawpoll.me/20350254
https://www.strawpoll.me/20350254
https://www.strawpoll.me/20350254
https://www.strawpoll.me/20350254

U.K. markets dropping

>>19726043
What did Amazon close at Friday?

I’ll be honest fellas in the 3 months of me investing I’ve only made $70
I just think this ain’t for me. I’m selling all my shit, it’s been fun guys. Thanks for everything.

WE WERE TOO BRAZEN BROS

>>19726083
I made 4k and threw it all at IVR thinking I was smart. I'm so fucking stupid FFFFFFFFFUUUUUUUUUUUUCKKKKK

Nikkei closed down 3.5%

Any oldfags remember nasdaq 10,000? That was fun, felt like just yesterday

>>19726083
Well anon? Don’t quit 5 minutes before the miracle happens. It’s always darkest before dawn

>>19726083
You leave when a great opportunity is forming

VIX IS AT 40
LETSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSS

GOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

>>19726097
Is that the Chinese market? Fuck China

>>19726102
>nasaq 10,000 felt like yesterday
What are you, a time traveler from tomorrow?

NO NO NO

WE GOT TOO COCKY BEARBROS

>>19726102
Just like the dotcom bust when it screamed up to 5000 on pure FOMO

>>19726010
Coronachan will now proceed to take her revenge on all bulls who discounted her.

>>19726115
would this imply TVIX is at or around 120%?? because if so....fuck....

>>19726054
i buy every dip. if it dips i am happy, i have cash from pay monthly that i buy the dip with. and my hedge puts print. basically invincible. and once this flu bullshit is over, we are going to the moon.

>>19726113
Fischer was an asshole, but one of the greatest players who ever lived

>V-SHAPED RECOVERY!
>PRICED IN!
>NOTHINGBURGER
>MONEY PRINT GO BRRRRR

Post the chart comparing every other crash to the corona-crash, now. Please.

>>19726118
Japan

Told y'all to pull your money out on friday to get cheapies on Monday.

To the ones that cashed their chips Friday, what are we getting on sale, boyos?

>>19726062
>yesterday's poll showed 60% of /smg/ expected a "big dump" today against 7 other possibilities
>also, 60% of people did not cash out
Who are the 20% of people who knew this would happen yet held?

>>19726139
>Fischer was an asshole

>>19726034
2730 with a bit of room for front running would be a perfect entry but I kind of doubt we go down that low. Would be nice. As for resistance on the upside, it seems like there's a ton of confluence at around ~3000. Bet we crab there for a while if we don't go much lower by today/tomorrow.

>>19726054
You better be right about this anon. I’m not feeling so brave tonight

>>19726118
that's japan you fucking retard, china is fine because it is manipulated to hell

this is printing the most obvious golden arches pattern in history

>>19726139
He wasn't an asshole, he was persecuted.

>>19726152
MRO XOM Literally everything

>>19726156

>>19726062
Harvesting IPs again, fatty?

>>19726165
Don’t yell at me you faggot fuck. I’ll shit on your truck. I’ll drive to your house and take a shit on your truck.

Fucking asshole

>>19726134
no clue. Sometimes TVIX is 2x the listed VIX futures and sometimes it is right on point.

Plus it's in backwardation now.

>>19726145
From Carl quintanilla’s Twitter. Sidebar, in a totally non-homo way, Carl is the best looking guy on CNBC

>>19726010

>forbidden content
Now that’s a new one...
Looks promising!

I don’t love all the changes, but all in all an excellent OP!!
At the rate we’re going, could be the best OP of the week!

>>19726083
Just hold you idiot

>>19726141
Futures exceeded my predictions, although I did think we were going to have a ~-0.66% dump on Friday close, so the price is around what I thought it would be. I'm not going to buy back in yet. I'm expecting a blood red week still.

>>19726035
Incredibly based

>>19726010
fellas why are we tanking so hard... its not cause a 2nd wave or nigger riots. We all know thats bs fake news.

>>19726189
Carl is a fucking bro. He toes the line on air because he can't be too real on Squawkbox, it's fucking Cramer hour after all. But on twitter you can tell he knows what's really going on

>>19726201
meant for >>19726152

I'm gonna sell off some of the SPY puts just to be safe.

Korean market closed down near 5%

For the anon who made the Dream Theater joke, in case you didn't see it check out Ayreon! Great band

>>19726083
I'm down since May and desu idc, the market is fun, i like staring at the numbers

new narrative on cnbc:
>americans think Rona is a hoax
>2nd wave happens right now, not in october
>street shitters dying more now is bad
>muh RH millenials pumping market

we are in acceleration mode
all these things were meant to happen later in the year
its possible that we actually test the march low in june

>>19726068
2545

>>19726225
You might be retarded.

This shit might unironically be the second crash. Let’s not fucking miss this shit this time, anons. LOAD ON PUTS FOR THE WEEK

>>19726225
Yes. CHAZ is fake it's just a reality television. We know that we are actually in the matrix and everything they say is a lie. we just don't know why...

>>19726191
Thanks anon. Considering someone posted guro hentai (the worst shit on earth) this one is much more reasonable. And nice!!

>>19726241
Any other good bands for that awesome seminal progrock sound

New or old

>tfw I was smart and went all in on ATHX so I win no matter what

>>19726243
Based

>>19726271
>ATHX
Did you do your facepulls today?

>>19726228
I could see him lurking pol occasionally. He was one of the first CNBC talking heads to follow zerohedge when their account got reinstated

>>19726036
Is your data delayed 48 hours? Lol can’t wait for the normies to wake up and panic sell, another DOW -1800

>buy an FD for $0.01
>sell the contract below for $0.01
I create a put debit spread for $0 Can anyone tell me how I could POSSIBLY lose on this play? I could create infinite yolo plays for $0 even if I dont make money Ive still lost nothing. If a big crash happens in the stock the original put should go up by atleast a penny right?

>>19726287
He probably doesn't even watch the market. he probably just comes in, drops the image and post, and then leaves.

I doubt he even invests himself.

>>19726139
Fischer was one of the most based of all time, that’s why they tried to take him out

>>19726301
extremely based if true

>>19726284
When ZH was banned Carl wasnt happy, he mentioned multiple times on various threads that he missed ZH

>>19726083
Just put everything in VOOG and QQQ. Can't lose.

>>19726247
Well Amazon will be down 3-6 % by close tomorrow. Not sure how puts function or “print.”

>>19726305
Cont.

>>19726083
Another faggit throwing the towel.
Deuces faggit you won't be missed

>>19726201
Powell is giving his twice a year policy report to congress tomorrow. Could get ugly.

ITS HAPPENING

>>19726010
What a retarded market - i am getting liquidated today...

>>19726319
Lol, true. Morphy would only play giving pawn/knight odds to other players.

>>19726083
how is this possible? Are you just taking on losses to wipe out all your gains?

>>19726010
>futures at -4%
Mumu, are you okay?

>>19726251
There's no crash forming, you mouthfarting reeree.

This is just musical chairs as the money boys try to figure out where to put their bets for the summer. This is typical for recessions, and we're gonna bounce around well into 2021 even if there's no significant second wave. Recessions take 12-14 months to recover. We just getting into one.

>>19726282
Wtf is a facepull

>>19726329
>using cnn for futures

>>19726282
Kek

>>19726349
Please spare this man Jeff, he is simply ignorant.

SPY EOW predictions? Should I hold my spy 295 6/22 puts?

>>19726349
Do you understand what you have done?
I don't know what it is either but I have enough sense to know I don't even want to know. Have you no sense? It's current year...

Jesus could we actually see circuit breaker days come back again?

people are just cashing out to buy fireworks for the 4th of july. this happens every year

>>19726378

>>19726377
Who knows. It could recover, or it could get ugly..

>>19726369

Yes. We'll open below 295 and by EOW we may be below 280.

>>19726364
based fitposter

>>19726337
Not to diss on Morphy, but all of his opponents were pretty weak. At that point in time there was no one who could even come close to his skill level at the game

>>19726378
fucking kek
>>19726329
we've hit -3.0%. this train has no breaks

>>19726406
This post brought to you by a class A SIMP.

>>19726225
True story: my wife walked in earlier and saw me staring at the screen in disbelief.
“They don’t believe in it,” I said. “They think it’s over.”
“Corona, the riots or the crash?” she asked.
“All three.”

>>19726248
ur an idiot if u really think markets are still connected to economies we are literally so disconnected its fucked up

>>19726406
I agree. All his opponents were probably at least 400 points below him. Maybe it wasn’t reflected in his rating, but he was probably a 2800 player and his opponents were probably 2300-2400 rated if you adjusted it for today’s ratings

I hope everything crashes so I can buy more at the bottom.

>>19726378
Top flight analysis

If the media cycle turns again from this BLM shit towards rising COVID rates, then you're going to see the last few months of gains erased almost as quick as Feb/March.

Frankly, we're overbought right now just as much as we were oversold back in March.

2940 looking thin...

>>19726156
There's a weird 'deer in headlights' moment you can get into as a trader where you KNOW you're in a losing position but you are too frozen to do anything about it and you hold. It's really weird and overcoming it was something that took me over a year of consistent effort. There's actually an evolutionary reason for it.

>>19726446
>gains erased almost as quick as Feb/March.
good I want more.

It's over bros... I will never recover this

>>19726446
>If the media cycle turns again from this BLM shit towards rising COVID rates

It already is, and they're going to go full-on IS YOUR HAIRCUT WORTH KILLING OLD PEOPLE again. Shit's fucked

>>19726282
Underrated

>>19726364
>>19726375
NON-NEGOTIABLE

>>19726427
im in disbelief as well to think people have become so stupid and then on top of that they panic sell.. we literally went through this same shit a couple months ago

>>19726268
King gizzard if you're a fan of psychedelic/ acid punk

I should have just sold last week and watch from the sidelines...but no i am so fucking greedy...fuck it.

>>19726451
Spot on. I know that feel well. It's an instant position exit for me now. Don't matter what rational part of brain thinks. If it feels bad I'm out.

>>19726225

It's just big boys selling. All these REASONS are just retroactively applied to events by the media to justify the price action.

Remember that cunt crying on CNBC for Trump to shut down the country as the market was in freefall during March? Turns out he cut his shorts and went long that day.

PPT is here!

>>19726432
bubbles pop.
pumping them up is only a volume game for big players to get out without getting slaughtered.

The market is resting on a wile-e-coyote ACME style paper wall painted to look like brick.
enjoy your freefall. free money free money woohoo. yeah I don't think so Tim.

What now? Crab the whole day?

>>19726459
Just wait. It'll eventually go back up again.

>>19726339
I was up $600 at one point, lost $500 last week.

I don't know if I should cash out my march positions or just hold them through this dip.
20% cash right now.

Futures lookin like when Karl II moved his knight to d7 D:

>limit down breakers
>no limit up
nice free market

>>19726467

There's nothing we can do about it except try to profit from it.

In liberalism, if you don't have money you're just a pawn for someone else.

>>19726305
More based people plz, based anon.

No one else I'd rather ride to the bottom with than you lads

>>19726488
PPT rejected.

I have 5 longs with all my money in, I need someone to hold me and tell be everything will be ok in the morning I am so scared

So with the upcoming dips I seek advice. Is it generally a better idea to try to average down my share prices of a particular stock, or to branch out and buy cheap stocks wherever I can.

Currently holding SU and CVE and expecting a big hit tomorrow, but not sure which idea would be better.

>>19726496
That's no money anyway. Keep going.

>>19726530
When do you calls expire?

>>19726530

Are you seriously going broke if this is a red week?

>>19726533
sell everything next green day, market couldn't hold v shape = next leg down of what could be a very long recession.

>>19726540
Friday, please hold me annon

>>19726530
see
>>19726535

There is a reason why /biz/ is known for pink wojaks. They couldn't predict 9 o'clock at 8:30.

>>19726551
I'm 6 feet from the edge and I'm thinkin...

>>19726551
You placed all your money in short calls? Well I wish you luck anon! I’m sure things aren’t that bad. I have a good feeling about today.

I have IVR calls that expire Friday as well. Now maybe next time don’t put all your money into short term calls/puts???

I’m asking for advice :

I’m up 1,000 bucks on airlines. Sell everything tomorrow morning and re buy in for more shares later as it drops ?

>>19726580
Lol you shouldn't

This is going to be pretty abnormally bad

>>19726497
I've been considering the same thing but I'm too fucking scared that they'll just decide to go to the moon because shits n giggles.

that's all the markets are now, the economy has no influence on them anymore. It's just some fucker sitting there with a bear/bull switch flicking it whenever

Ok not looking so bad...Lufthansa only -5%, meaning AAL will max make -10%

This shit is ugly.

-3% earlier and we roll back sub 2900 denied.

>>19726589
>Sell everything tomorrow morning
Yep. Do it. Market is too hairy right now. You will get a better entry.

>>19726600

Oh yeah? I choose to remain optimistic about this week.

What stocks do you anons recommend?? /biz/ would never let me down right?? I'm the guy who bought mro and Ivr I regret my decisions...

>>19726530
Anons, we are all very scared and horny.

Just go to sleep or get some cheapies tomorrow. Not much else can be done

>It's not even premarket hours yet
>all the institutional investors are still asleep and aren't even there to make calls on further dumping

Circuit breakers tomorrow?

>>19726504
>limit
only futures have limit up/down, and it's capped @ %5 either way

>>19726621
GSK

>>19726622
Apparently you didn’t read: he said ALL his money in calls. So he won’t be buying anything

>>19726589
gains will be erased by the time market opens

>>19726624
I fucking hope so, I'm down 17% on one of my bank stocks and I want to buy more and more at the bottom to average it out. So far it's almost 50% of its pre-corona value

>>19726626
At 5%, do they suspend all trading until the opening bell? Or is it just just a time out

what indicators u guys use to day trade -
RSI, MACD, volume, EMA, MAs, VWAP?

>>19726530
Get out now.

>>19726624
> -15% during big nose tribe trading hours

I'm already angry

>>19726624
We will see what happens in 45 minutes

>>19726650
This, expect a massive gap down that will cause trailing stops to fail

>>19726489
who tf is Tim tho

>>19726624
>Circuit breakers tomorrow?

Doubt it. I say we crab all day. Unless we actually do limit down some time before open (futures would have to drop another 1-2% before market open, which I don't think is gonna happen).

>>19726656
SMAs, MACD and Volume

I don’t understand options trading

Am I gonna make it only doing stock trades?

>>19726656
/pol/ for news and /biz/ for market consensus. Look at charts. See what the fed says and what corona is doing. There you have a way to make money on this clown market

>>19726680
Throw 50 dollars at some calls, see what happens. It's the best way to learn

mumus will be on suicide watch 5 minutes after open,

>>19726680
>Am I gonna make it only doing stock trades?

Unironically, no.

Airline anon here. I’ve got 546 shares of SAVE. Wish me luck cause I’m not gonna sell.

>>19726010
>AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
Why? Corona second wave is a meme. This a profit taking week?

>>19726622
I am balls deep on margin holding stocks. Balls deep. A variety mix of the worst most memable stocks there are. Tankers, IVR, Nikola, and a variety assortment of pharmaceuticals, shilled tech like WORK, and I bought the falling knife OKE dip at its low yesterday. I have been scared all night and petrified now, and I was very horny and cooming hasn't stopped my fright. Please give me hopium, I might be able to tank the coming day tomorrow without being margin called (and buying a small share of cheapies), but if this continues I am fucked.

Retail investors must pay for their sins.

>>19726692
I don’t think most rich people do options trading anon.

What’s to stop us from dumping cash into SPXU and claiming free money tomorrow?

>>19726698
It was profit taking week until the RHfags started panicking

>>19726689
What are some cheap calls so I can learn?

>SPY unironically dipped to 2k
Jesus christ.

Talk me out of investing my entire CESB in the market. We're heading down, right? So I should DCA in, right? So if Trudy is giving me $2k/month to masturbate with, why shouldn't I yolo it all on Raytheon

>>19726722
Yeah, Bobos are trying to kill the goose that laid the golden egg. Very dumb.

>>19726692
Why do you feel options are so superior? Is it just that they have a much more easily quantifiable risk?

>>19726733
Because Raytheon is a fucking shit.

>>19726655
Exchange won't execute trades outside of +/- %5, futures are still open, so it can still move, just not beyond the limit. Few times in March we limited down only for futures to rise back up, and at least once it limited up but went red before premarket hours

>>19726708
it will bottom just after open and rise all day just to spite you

>>19726698
Liberals are giant pussies who think this shitty virus is the end of the world and the country is gonna shut down again. News is doing the usual and exacerbating the problem. Combine this with riots and you have the current dip. I doubt it'll be the massive deal this thread is making it out to be but the next few days will probably be generally shitty.

>>19726694
im going to get assigned 500 shares of aal.... the shittiest one of them all
im holding onto these until it they're 100 a share.......

>>19726667
Tim the toolman taylor.

>>19726035

>>19726746
explain

People really believe this

>>19726732
Ford, ge, mro, NRZ

>>19726700
>buying leveraged on margin at the top during a race war pandemic unemployment Boogaloo
Thank you.

>mfw I buy a single short ETF and SPY starts going up

>>19726757
lol hahah us zoomers dont know who tf that is

>>19726746
>stock x is shit (because it dumped right after I bought)
>stock y is great (because it pumped right after I bought)

>>19726685
>/pol/ for news
using /pol/ to trade? you'd never own cash, stocks, or bonds to begin with. every week is "ITS HAPPENING." you would've missed the entire 10 year bull market. yeah, you would've foreseen this crash. you would've also foreseen 10,000 crashes that never happened.
imagine seriously daytrading using /pol/.
"my stack of handguns, Lucky Strikes, and silver coins is increasing in value daily. the wife and kids don't quite understand why we barter for goods now. i tried explaining to them that we can't fall for the Federal Reserve Jew, but then my wife started crying."

>>19726756
I honestly feel like the will eventually go out of business next year but before that their stock is gonna fucking sky rocket before that.

Corona virus doesn't even kill enough people to warrant shutting anything down. Only dumb fuck governments will do that. Unfortunately that's half the governors in america.

>>19726768
Yes

>>19726035

>>19726282
>>19726282
Lmao.

>>19726786
RTX has been crabbing, AMD has been crabbing. All the shit I buy is cursed with fucking crabs.

>>19726757
the feds backed market failure and began printing to lift markets back up the first time around whats to stop them from doing the exact same thing here and paying for it down the road?? say trumps farewell gift if the election doesnt go his way perhaps

>>19726783
Tim Allen. The voice of buzz light year from toy story. From the classic sitcom home improvement.

>>19726700
Aww sweetie. Here, have video of golden retriever and bunnies:
https://www.youtube.com/watch?v=HtZ5VED8TwY

>>19726727

Sorry, this
>>19726772

Was meant for you

Looking to sell my Hertz, hold GNUS and NKLA, buy the Ford dip today. Fellas?

>>19726778
Race war riots and unemployment and pandemic hasn't stopped the market yet. It is stupid if they suddenly stop it now. If we keep going down, nothing was ever priced in, people were just being retarded and ignoring stuff until now "we choose not to ignore it despite things genuinely getting better." I hold out conservatively this whole time not believing in the rally, and finally when everything is over and there is no reason to sell so I buy, NOW we dump.

>>19726794
Neoliberals are human garbage

>>19726680
Options should ONLY be used when you're buying a sure thing. It's Big Boy Betting on whether a stock goes beyond or fails to go beyond a certain strike price. But I repeat. It's risky and you should paper trade options at first (Pretend Options Trading) before engaging in it.

An example:

Buying Calls on Boeing in March. Buying puts on Hertz around April.

Here's some to consider:
Buying Puts in CHK
Buying Puts on Nikola
Buying Calls on AMD (LONG Call)
Buying Calls on Disney (LONG Call)

If you're smart and only make low risk choices, you'll make monster gains. Here's some example of my real life gains.

Good luck.

>>19726700
>Tankers
Hey wouldn't the oil price falling again be good for the tankers? It should be if there's another oversupply scare.

>>19726780

Sounds like you really know what you're doing anon, great work

brehs...

Well it was down 1000 at one point. We are sitting at -800. Let’s pray the Premarket niggers buy some fucking stocks....

>>19726610
Like ur mom lol

>>19726818
What booming future do you see in ford

>>19726819
Until now we priced in a fast recovery. Cases are trending up again in Asia and the nigs don't stop nigging.
We've basically been dragged up by Fed BRRRR and FOMOing robinhood zoomers. That couldn't go on forever

>>19726831
I have learned how to trick the Bogs. Unlimited golden bullrun soon.

>>19726818
Are you buying 100000 Ford?

>>19726826
Any good sites for practicing options trading?

>>19726808
I bought both times it was below $60, and told you guys to do the same

it was a twice in a lifetime opportunity, we may see it again this week, but then NEVER AGAIN (unless Biden wins idk)

>>19726757
EAUUGH?

>>19726841
The jews will sink it even more

>>19726876
*CRACK* *SHATTER*

>>19726818
this HAS to be bait. post pics of positions or i dont believe u

>>19726821
I think they're pretty swell.

>>19726814
Alright, this is genuinely cute and putting a smile on my face. Well done anon.

>>19726827
What's funny is that the best thing economically for them would be oil prices staying high or going higher since it incentivizes more production. The market has yet to adequately understand/evaluate them and I maintain them solely as value trades. Because they unironically are, and at least FRO alone is being traded like a growing company since it actually is growing and consolidating/getting acquisitions during the worst of the recession due to enormous cash flow. But still not even close to properly valued, just more volatile. Recently tankers been falling with oil and rising with it, so I assume the algos were swapped too. Generally who knows how they will respond, could be up or down. I liquidated one of my tanker positions of EURN (love how it paid the massive divvy without going down just in time for me to sell) to buy more of everything else and deposited/margined out some more money for the stuff too. Annnnnd.....we go down.

>>19726853
I really don't believe in the robinhood meme having much of an impact, most stocks can't be budged by retail. Cases have been trending up for weeks, riots is 2 weeks old. Nothing is new bad news. No shutdowns will ever happen again too, so that is good news. Fed can get more brrr hopefully.

>>19726868
I honestly feel I’m too stupid for options, but I seem to be good at stonks. Buy low sell high.

>>19726530
If you're having market problems, I feel bad for you son
I've got 99 problems but a long ain't one

Spreads, covered calls, staggered limit buys and stop loss sell orders with trailing percentages.. In a crab market like this it's really not that hard to hold 10% portfolio bags with 90 day trailing sell orders while you make plays on the other 90%. Of course you could end up holding 4 bags if you got unlucky but holding 4 bags for more than a few weeks in THIS market is unreal. That's unless there's some crazy bear roll into another -7% day with circuit breakers going off. But that just means your hedges on something like TVIX activate and you use that new cash position back into the staggered buys and..

Nevermind. I really don't care how the market does. Anything that beats blindly buying SPY with DCA is fine with me. Sure, 1000% plays on options would be nice, but for every winner there's a loser out there. And if you lose it all once, well.

How big do you guys think this drop will be? Also, remember to buy cheapies tomorrow because there is always a bounce after a big drop. Going to buy some same day options at open and then buy calls at EOD for Wednesday to flip on the bounce. I think this dip isn't going to be as big as March, but honestly who knows.

>>19726909
you cannot go broke making a profit.

>>19726827
>>19726907
Just adding more with tanker autism, right now the bear case is that no oil demand and no oil production means no oil transport while tankers unload their cargo due to no production. Market never priced in storage being so high and staying high after the decline, but won't care. Also market don't care about future contango potential/the middle of this technical mega contango still. Nor does it apparently care about some shale restarting production and Saudi Arabia saying screw OPEC and producing, all of which are very bullish for both tanker transport and furthering supply glut which helps keep rates high. The market.....just does not care that conditions are good for them or that they made a year's worth of profits in Q1 alone and will have another year's worth in Q2, so I don't know how it will turn out. So, added more positions because maybe they just won't be recognized until Q2 earnings in July.

>>19726915
nice i like it.
oh fuck im a long.

>>19726868
I used Thinkorswim desktop for most of my paper trading (Paper trading option on login). I don't know if they deal with options though. Practice right now. Things are crazy and once something major happens (vaccine/treatment, HUGE Stimulus measures or....a Deadly Second Wave), then put in your reasonable option calls/puts for those affected industries

surely oil can't dump any more right *buys $8k wti futures with x15 leverage*

>>19726850
Ford sucks but I heard they're doing recalls now. Expecting there will be a dip for them soon. I don't know how this market thing works but the governmen gave me free money.

>>19726890
How fucked am I anon

Holy fuck

>>19726887
Augh augh augh

Gonna go nap until market opens so I can see just how rooined I am lads.

>>19726841
I'm the ultimate gigajew here of Israel Inc

We're fucking selling everything

>>19726685
no wonder everyone here is staying poor

>>19726566
You can't bail everybody forever, chickens comes to roost the market is always right.
I and am losing

>>19726986
>posting decade old news
just FUCK off you fucking clown

>>19726975
You see that thing where it says unrealized? Realize it.

>>19726972
$34 bucks, Jesus Jewman Sachs really dumping the market as they said before the pump.

>>19726794
>muh commies dindu nuthin'
>fascists
>"liberals" aren't pretty much commies
A commie made this.

>>19726944
Just feel like I’m limiting my potential. Started out with $500 that I was fully prepared to lose some weeks ago. I didn’t have experience in trading. Now I have $600. Not the most but it’s something.

>>19726986

China has well over 20M Coronavirus cases. They don’t do testing ore treatment anymore (unless you are super rich/powerful).

No need coming out of China means anything. Because they lie about literally everything

You guys, Volume on S&P futures has not spiked higher in the past 3 months despite the steep decline in price... From my experience, this means whoever's pushing down hasn't found a bargain price to come back in with.

The bottom hasn't even been found D:

>>19726997
>pic related
Fucking kek

>>19726580
I donna wanna short, we kind of need this pump, so everybody needs to shill the fuck down and pump.

We need this pump, bring your friend to the market and pump hard.
Buy the short

>>19727045
If you think it’s gonna crash, just sell.

But I’m holding

>>19727025
A neoliberal is different than what we commonly know as a liberal

>>19727039
Yeah right, and the Holocaust didn't happen too, or what? Go back to pol with your conspiracy theories

>>19727033
I would be very careful then. You made an easy win but you can just as easily make an easy loss that will wipe you out. This is a volatile market. It will buck even experience riders and wipe them out.

It's not slow or predictable, so the risk is much greater. The goal is to make money not lose it all, so even a small sum is worth taking care of. Real gains are made through many small wins, and mitigating losses. Not gambling trying to "make it"

If my ID is red Dow plunges 20%+ today

>>19727039
China literally welded people into their homes. If that is not extreme I do not know what is.

>>19726986
AHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA

>>19727097
I don't believe they did. That sounds like literal bullshit

>>19727097
Beijing on lockdown and Americans can’t control themselves. Post Memorial Day spike.

>>19727094
I got you anon.. it’s gonna be red today.

>>19727106
There's literally videos. How much of an out of touch boomer are you?

>>19727110

Blue...the color of depression.

>>19727088
Yeah I get you. I can’t bring myself to do options just yet. Like an amateur trying to start sport gambling, I’m essentially an anon who thinks the Lakers will win the game, and doesn’t understand the spread, money line, and O/U.

Like I said I’m like a month in. It’s $100 more then I would’ve had sitting on my ass. And if I feel comfortable I’ll invest another $500 and see where that goes. I know I’m not gonna be one of those anons who turned 3k into 100k in 3 months.

>>19726986

>>19727083
The holocaust didn't happen but it should have. Never heard of pol, did you mean /pol/, newfaggot-kun?

>>19727083
So you are saying that China (the origin of the virus) only has 80,000 cases? When EVERY other country in the world has 300,000 or more?

You have problems if you believe anything from the Chinese government

>>19727106
There was video evidence if happening. A man was showing off the metal bars they welded over doors of apartment buildings, with just enough space to open it and reach a hand out.

Whether it was "real" in the sense that it was actually a psyop to terrify the west, and not an actual pandemic control measure is the only part that should be up for debate.

>>19727126
>retarded normies fucking in nightclubs spread plague
List of people surprised:

>>19727106
M8 I don’t feel like finding them, but what woke me up mid Feb and took the rona seriously from the start, a video of a woman and her child pleading for help, while the police are like bolting her door shut and they have the entire exterior of her door covered.

>>19727083
Found the chink. Hey Jackie Chan, we are going to nuke the hive your family lives in off the face of the planet. How do you feel about that?
Cao ni ma bitch.

>>19727106
You are a retard, there is video from Wuhan.
https://streamable.com/6zd6fc

>>19727130

China's figures are probably bullshit but being a totalitarian communist state they are also willing and able to take much more drastic measures than most other countries, so they could be roughly accurate.

it's time

Lmao bulls are so fucked. Did you honestly think it would keep going up? America is literally falling apart, the game is over.

>IVR
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>19727130
well seeing as how we have rights in these countries and the government cannot roll in and board you up in your house, they have a much easier job containing the virus.

Their numbers are still probably fake but who cares, nobody trusts the CCP except their own party members and subjects.

>>19727150

>force all the mega cities to stay inside for 2 months
>all of them live in apartment complexes that share the same air systems.
>you expect me to believe that corona virus magically disappeared only in China

No

Well then. I am not as far down as I expected pre-market open. I know it can get a lot worse, or it can get better, but given these futures I feel like I was misled. This drop isn't too bad, maybe worse case IVR gets a bad day. If it drops by half back down tot he 2 dollar range I will double down.

>>19727169
So your saying my IVR calls are in good shape?

Like a phoenix rising from the ashes
LETS FUCKING GO FUTURES TRADERS

new

>>19727187
>>19727187
>>19727187
>>19727187

Sheeit.
I wonder if I should protect some profits still?
Or lock in some losses?
Or just take my UVXY and SDOW gains and not expect too much momentum?

>>19726092
I had never even fucking heard of this thing until I played Amnesia: the Dark Descent. It's a pretty devious and heinous torture device, if it really was ever used.
>>19727108
>Americans can’t control themselves
That's right! We just looooove buying stocks!!
So excited!!

>>19727045
Couldn't that just mean that the forced liquidations of the crash aren't happening anymore? Maybe most of the over-leveraged funds were BTFO already? (Also maybe that's where the PPP money they won't tell us about went)

>>19727181
No. It is skyrocketing down. Well shit, I feel like an idiot buying so many shares Thursday and Friday, it is going to hurt me BAD. But if it is the only thing that hurts me I can live with it.

>>19727132
But can you verify the Mandarin? It is one of the worlds hardest languages to learn. For all you know, they could be tall ng about toy story 4 and how americans will totally freak when they think things are really this bad. I mean, all those cellphone subscribers had to have died, like they couldn't have just not made payments, right?

>>19727191
30 posts too early
310 is bump limit, what are you doing?

>>19726986
fuck chyna

>>19727196
>IVR
You reap what you sow.

Down 7%
Fuck this

>>19727299
Why? It's a good buy, I got it at 4.40. Lows at like mid 2's, highs 20, why wouldn't I when it just ran past 8 prior? Just perhaps I shouldn't of bought so many shares.

>>19726972
haha woo made 5k already
gonna hold it and see where it goes don't really care if it's a loss while i sleep

>>19726740
>Bobos are trying to kill the goose that laid the golden egg
Nah we're only going to take it down a peg or 90%

>>19726580
this is the most bearish post for stocks I have ever read in this subreddit like 4 evar

>>19726975
>>19727097
Is Nikola a good buy? Figured people will rush into it thinking it’s strong Tesla competitor

>>19727379
There was another anon who laid out excellent reasons for why it was a terrible trade sometime last week. Have fun playing greater fool.

>>19727429
>subreddit
You have to go back

new

>>19727187
>>19727187
>>19727187

>>19727461
No u

I am financially enlightened

>>19726118
>china?
kek

>>19726377
i fucking hope so

>>19726377
i hope so. we never properly reached the fear stage. people have been greedy