Recent comments in /f/wallstreetbets

VisualMod t1_j9b5wiu wrote

Reply to Just want to get to the carvana earnings s*** show by rocket_man19

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Dry_Job_1084 OP t1_j9b4zyo wrote

Reply to comment by assclown356 in Everyone is making predictions…why not then? SPY will stay between $407 and $427 until August 2023. Yes, I love crayons 🖍️ by Dry_Job_1084

We might need a degree in Economics and one in Finance to explain that! But, let’s keep things simple. Look at the value of the dollar in the FX market. Right now it is around $103 in relationship to other currencies. When the dollar drops stocks go up and when the dollar increases stocks go down. The dollar was at $116 in October, so it went down to $101 and stocks went up. Then over the last couple of weeks it has gone a little up to $103 so stocks dropped a little. The dollar NEEDS to get under $100 soon to not crush emerging markets. When it gets under $100, global markets work optimally and US stocks will be in a bull market again. For now they’ll be steady around this range until it drops under $100.

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sgaweda t1_j9b3qqr wrote

Reply to Guys I want to read a book by Hairy-Thought6679

https://www.amazon.com/Second-Leg-Down-Strategies-Profiting-ebook/dp/B06X1BWGFK

This book takes a look at options as a way to hedge etreme events. Chapter 3 will help you develop an intuition for options, how to compare their prices, and some basic options strategies and their payout curves over time. I’ve learned much more from this book than I have ever seen discussed here on WSB.

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BurningThad t1_j9atjqx wrote

Reply to comment by Dry_Job_1084 in Everyone is making predictions…why not then? SPY will stay between $407 and $427 until August 2023. Yes, I love crayons 🖍️ by Dry_Job_1084

... you realize those lines changes to best fit the trendline...

Because of that, it's always going to fit historical values... Whether it will 100% predict tomorrow is a guess... But know this, once tomorrow happens , the MA of the past weeks will change to fit lol.

Hence the term, "moving average"... when there's no data to plot, it can't tell you much. You can only speculate.

If you don't understand what I mean, maybe look at how it's calculated.

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HedgieShill t1_j9am161 wrote

Reply to Guys I want to read a book by Hairy-Thought6679

I know this is WSB, but here is the classic introductory textbook: https://www.amazon.com/Options-Futures-Other-Derivatives-Global/dp/1292410655/ref=cm_cr_arp_d_product_top?ie=UTF8

Don't worry about getting the exact latest edition. The only thing I can guarantee is it will not waste your time. You may not be able to get through the book (I haven't), but if you can't, that says something too, right? This book or something similar is basically step 1 for professionals in the options biz. If you read this book and think it wasted your time, please find me a year later, two years, doesn't matter, and I will give you a very public and heartfelt apology.

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BertAnsink t1_j9alr6o wrote

Reply to Is it weird? by O2148

On average retail looses money daytrading.

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So literally all the broker has to do is take the other side of the trade for all their clients and they would automatically make money if that was their objective.

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People talk about PFOF as a business model for brokers, however there is another potentially more powerful revenue stream, they can sell data concerning their client's positioning. When trading into a lit market, ie through regular channels there is companies that can compile this data for themselves, but one of the issues with PFOF is that the trades never reach the exchange, ie only the MM that handles the orderflow know's the positioning of the clients.

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