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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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19607140 No.19607140 [Reply] [Original]

I will be buying an audi r8. You?

Seethe

>> No.19607312

Really are there no options traders up right now? Wtf faggots this is a 20hour a day job. Up at 3am moos hop to it.

>> No.19608006

Options trading is a one hour a day job. Pick random tickers, buy 6 week dated calls, print.

And yes,. I will be buying a lambo

>> No.19608196

I will buy more stocks, pmg, rent apartments and other assets.
A real investor leases his cars and drives something that isnt sucking on his cashflow like a bitch.
>(you) ngmi

>> No.19608285

>>19608196
Leases are for poorfags. I've always preferred to buy used but still in warranty. I've even made money this way before.

How much are you guys looking at this month (pretax ofc)... I'm looking at about 220k

>> No.19608302
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19608302

>>19607140

Is option trading more profitable than crypto? I've been thinking of switching over.

>> No.19608313

>>19608302
I'm making 220k this month. Of course this is the best month I've had evar but still. Are you making 6 figures a year pretax on crypto?

>> No.19608365

>>19608313

Nah, absolutely not. I was making great money back in 2017. But after that, I've been day-trading between some of the bigger cryptocurrencies, while occasionally putting small amounts in the pump and dump coins that are shilled here. They sometimes do moon and that's great but the volume/liquidity is such shit that it's hard to get out sometimes.

>> No.19608379

>>19608313

I've started to consider getting into options trading for a few months now. A buddy of mine made a ton over the past year, a lot more than I ever made on crypto.

>> No.19608384

>>19608302
why not do both, options on BTC

>> No.19608418

>>19608379
Get into it if you're confident. All the crypto chain link new garbage shill ed her seems like it's just poison if you're serious and not banking on nerd money predictions.

>> No.19608421

>>19608384

Bitcoin/USD pair is just too unpredictable for me. Failed breakouts/failed divergences/indicators often don't work well. It's just too volatile in my experience. Maybe I just made stupid mistakes. But I've had much more luck trading other alts in the past.

>> No.19608434

>>19608418

Yeah, will probably start switching over sometime this summer once I do my research. Though I'll still hold some crypto in case bull season does come.

>> No.19608473

>>19608434
Best of luck to ya brother. Just don't overthink things. I see people diving way too deep into the autistic ocean here. And then they drown.

>> No.19608509

>>19608421
>But I've had much more luck trading other alts in the past.
You nailed it, LUCK. 'trading' shitcoins isn't trading.

I got into options as I use them to hedge my long/short. Options are great as you can calculate your loss up front. If you can use a spreadsheet you can hunt for opportunities to use different options strategies.You can hedge with puts/calls just within options.

>>19608473
THIS
Keep
It
Simple
Stupid

>> No.19608748

>>19608509
I second what this smart man said..

Hmm it's my first day on biz as I usually just troll around on pol while I'm catching up on international and eastern Asian news before watching where futures are going, but figured I'd take a peek over here... it's cozier than pol

>> No.19608794
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19608794

i bought this car last year with profits made from option calls on TSLA