ANONS!!! Remember to buy Debit Call Spreads on TQQQ for easy gains this week!!!! TQQQ goes up every week, and they'll continue to do so until there's a crash, but even if that happens it's okay!! TQQQ always corrects itself soon, so remember to buy cheapies!!!
>only up 3% today This is bullshit I want more 7% days. I only made $780 today.
Sebastian Bailey
Go all in on this ive made 10k in 3 days
Dominic Morales
Does Questrade require Canadians to have things like "an income" or "a job" to trade options? I have almost 10k leafbucks now and I'm growing out of Wealthsimple
Yes, after they repeatedly raise capital with dilutive equity offerings and build like 20 Gigafactories with it
Isaiah Nguyen
Its too easy bro. Im becoming rich. Gonna buy a jeep in two weeks ill post it for yall
Caleb Powell
It, like everywhere else, will ask about your job history. It's more a matter of, do they really give a fuck to check into it? I've signed up for loans in the past using fake phone numbers and names.
Colton Hall
"SPY is for boomers!"
True, but options are not.
Here's an example of a SPY call when you have even a slightly green market. Options, being leveraged, give you 40%+ returns consistently.
Once your call becomes slightly ITM, just sell it as it starts following the underlying ticker instead and stops getting the leverage it used to. Then you roll it out into other calls for later on at a higher strike.
You are a fool for buying. Interest rates are 0% right now and people are scooping up houses. Loan origination earnings WILL decline in the next year, these are record highs.
Brayden Gomez
Does oil have a future, lads?
Austin Brooks
don't forget to run those factories at operational loss
Juan Morris
QQQ callbros unite. Fuck the noise. Tesla FOMO boys crying right now.
No, I'm not scared of losing everything in "1 crash." A crash doesn't happen overnight. It happens with buildup and there are always signs. If QQQ legs down for 4 days straight in this environment based on actual news, sure I'll get the fuck out. But when things dip suddenly on no news (which regularly happens in this environment), I just end up buying the dip.
I'm always bearish but I'm not retarded enough to buy puts in a steady green market
Levi Carter
Anyone use Fidelity and trade with margin? I applied for a margin account just out of curiosity. I don't really understand exactly what it means but I basically wanted to avoid having to wait for cash to settle from a sale before I could use it in another purchase. I'm at $32k so they approved my margin account in a day. So, I sold some shares then bought some others, and selected cash instead of margin for all of it, out of curiosity to see what it would do. When my purchase went through, it shows my shares as being purchased on margin; I think this makes sense, since I technically didn't have the settled funds yet. Will they transfer from being "margin" to "not margin" once I have enough settled cash? If not, is there a way to convert it?
Also do I even need to be fucking with all this? I feel like I've sold then bought with unsettled cash before without any issue, but then reading about the account types I think I might be wrong.
Angel Murphy
not past 2040
Cameron Butler
yes, $0
Wyatt Fisher
I'd make a blood sacrifice if that was supposed to happen. All these Roasties and Zoomers losing their rent money to the Bankers and Institutional Investors. It would be so beautiful, they'd get burned so badly they'd never invest again. I'd have my normal Stock Market back.
Cooper Jones
>DJI >78% of clients are net short.
Adrian Nelson
Questrade does ask you if you have a job and what your annual income is. It's unlikely they check this as it's mostly information for them to defend against any kind of foolish lawsuit you may decide to engage in against them after you have lost your shirt on gambles. Standard brokerage procedure.
Nathan Barnes
interest rates will be at zero for at least the next 4 years you fucking moron. J Powell said it himself
James Lewis
CDC Tells States to Get Ready for Nov. 1 Vaccine Distribution
I think both the nasdaq and s&p are overextended and due for a retrace. However, I am not short on anything yet. I am quasi-short on the USD with a large position in silver though.
what type of long game con is this, you fools post this ever other thread. or are you just dopamine'd to all hell and can't go a minute without telling someone about your baby gains?
>think Tesla is overvalued >whatever just embrace it >go all in on Tesla at open >lose 5% of my portfolio OK
Eli Anderson
I think we can all agree that triple leveraged ETFs are the supreme stock market hack that with a small up front investment all but guarantees a bounty in the many millions of dollars over the medium term. One can even backtest a daily rebalanced S&P or Nasdaq investment (SPXL, TQQQ) over the last few decades and with a fairly short time frame something like 100k can be turned into literally 100s of millions. 30 years of TQQQ starting with 100k would probably be close to 100 million dollars. Of course the only problem is leveraged 3x ETFs have only been a thing for about 10 years now. However, futures have existed for a long time before that and mimicking a 3x leveraged daily rebalanced position in the S&P or Nasdaq has been available to retail investors since probably the 70s. WHY HAS NO ONE DONE THIS? NOT A SINGLE PERSON has come forward having done this strategy. They would have since they would have crushed the market over the long term and put all other fund managers to shame with something like a 50% CAGR over the long term. Why is this not a thing? Nobody ever thought of it before?
i def feel early, but my timing sucks so i don't wanna try to time the top. may have to hold close to exp. f
Cooper Roberts
what does /smg/ think of the 20/50/200 EMA's on larger time frames?
sometimes i look at them and think "damn if i just bought at/near one of them look at how much money i could have made..." but sometimes i worry that it won't work even though i've seen it work so many times. could even DCA through them potentially.
heard jared from livetraders say "the only indicator i respect is the 200 EMA on the daily and 1h timeframe" so i've been looking at the 20/50/200 on those timeframes in tech recently, you guys might want to take a look. AAPL more or less bounced off the 1h 50 EMA today for example, penetrated through a bit but recovered, didn't get to the 200. i think the user talking about using 12x-16x ATR from the 200 as a sell signal was pretty spot-on too.
