You aren't typing for him. Youre typing for all of us.
Listen. If you cant even make money in crypto, you arent allowed to use options in traditional markets
Yea it seems like I'm going to lose money because NG moved against me again today and now my options are so OTM they're basically like pogs.
Now I'm in a position to either accept a 60% loss or let it ride and hope for a reversal tho even if it reverses the magnitude if the move has to be greater the further otm it goes.
I'm going to wait for next week and I'll sell if it goes even higher. I'm looking at a 80-90% loss at that point so I prob won't sell because when you've lost that much money might as well let it finish the rest of the time that's left on the option.
You got a point that all of those rich smart people have me beat but I'm not playing the same game as them. The low latency is a non factor because I'm not employing any of the same strategies where it matters nor am I dealing with anywhere close to the same volume.
I am working in my mindset. I am not going to lose money. Nothing is guaranteed in life. Anything can happen. Don't give up hope and manifest your dreams.
If you believe things will fail then they will and manifest negative outcomes. Therefore you have to believe great things will come otherwise they never will show up for a non believer.
Are you a crazy person?
Hey man buy some spy puts expiring friday and sell them as soon as theyre up 10%
Your welcome.
We are going to make you 10% richer today
No you won't he's already down over 200k
yea i am
Alright dude I just bought a 6100 Es put for 1k expiring tomorrow. All I have left in cash is 5k right now so I hope you're right.
You're telling me to sell this for 100 bucks profit? You're nuts man I feel like making that much isn't worth the risk of buying dailies. Lol if it moves against you then you're gonna lose way more than what you make.
You werent supposed to do that after seeing this.
User Tywin is a troll and wants to see you crash out
This is why youre supposed to send me the money directly.
Lol I got trolled GJ. So should I sell the put then? I guess I'll try to jump out.
Yes
It was free money until the tariff headline hit! At worst you lose nothing.
Alright I jumped out. I lost 180 bucks.
Tbh it was a really dumb trade, this is why I only trade what I know so I can lose money with confidence.