**OFFICIAL** Trading and Investing Thread- Part -IX-

[RobParks2M]

I'm so tempted to try and make some money on Tsla puts but it is so unpredictable. I cannot fathom it continuing to climb after today(almost everyone covered by this point if they are scared.) Feb 17th 235 @ $3.40 sounds so dam good, but idk if I can pull the trigger. Fuk I wish I was working full time and had a couple G's to throw at this play.

RSI 84 today fuk it I am all in on this one for 3 contracts(all in on cash sitting in my account). Absolutely no way we don't see a retrace in the next month. I don't care if Elon goes and wanks Trump off before Q4 results there is no way it can keep these shenanigans up. Last couple times RSI got into the mid 70s there was a 15$ crash within a couple days. What are the odds this one continues to climb for no reason? Not a whole lot of exciting news other than the fact that Elon manufactures everything in the USA which will please the great overlord Trump.

[Slamt]

I'm so tempted to try and make some money on Tsla puts but it is so unpredictable. I cannot fathom it continuing to climb after today(almost everyone covered by this point.) Feb 17th 235 @ $3.40 sounds so dam good, but idk if I can pull the trigger. Fuk I wish I was working full time and had a couple G's to throw at this play.

Saw a lot of people talking about the money they made on TSLA on twitter today and making fun of shorts. I think we should be close to a top.



I am definitely trying a short once we get into that area i don't give a fuuk.. Would be like long-term puts for me tho, with a price target of at least -40%

[RobParks2M]

So you are gonna wait till closer to $260? IDK what kind of money you are playing with but long term TSLA puts are expensive...

[blinkers88]

Get your rally hats on boys

[Humungus]

Bought AstraZeneca today, probably overpaid for it a little bit, but long term I can see it doing very well.

What was your motivation to buy it here?

[Slamt]

So you are gonna wait till closer to $260? IDK what kind of money you are playing with but long term TSLA puts are expensive...

There's all sort of dates and strikes with difference prices. But yes, If I were to play TSLA my exact plans would be wait for it to enter that zone.

Targetting Jan18 Puts, Maybe 170ish strike. Like I said If I were to touch it I would be looking for a ~$100 drop by next year.

Buying something and watching it for that long is torture for me since I am used to the position and money moving a big % within the day. Most of the time I always adjust and do random crap to it.

But recently found myself being more profitable giving positions more time.

[ctownballer04]

Get your rally hats on boys

Keep calm and short the VIX folks! You heard it here first.

[Drhunglow]

Thanks man, that's all I wanted to know. I knew going in that the exchange rate would screw with me and it hasn't been that bad. But my trading activity has been low volume as I'm mostly investing for dividends.



Looking back, yeah kind of a rookie mistake but it hasn't really burned me (yet). Gonna arrange to have my holdings switched to the right account based on currency. Just started in November.

I can't remember what the charge is on Investment Accounts but on a credit card it's a 2.5% spread so be weary of FX

Keep calm and short the VIX folks! You heard it here first.

Delay that to tomorrow's close. Rebel will guarantee anything missed out

[hungarian_boss]

Keystone pipeline FTW!!

[ReyDelMundo]

I'm so tempted to try and make some money on Tsla puts but it is so unpredictable. I cannot fathom it continuing to climb after today(almost everyone covered by this point if they are scared.) Feb 17th 235 @ $3.40 sounds so dam good, but idk if I can pull the trigger. Fuk I wish I was working full time and had a couple G's to throw at this play.

RSI 84 today fuk it I am all in on this one for 3 contracts(all in on cash sitting in my account). Absolutely no way we don't see a retrace in the next month. I don't care if Elon goes and wanks Trump off before Q4 results there is no way it can keep these shenanigans up. Last couple times RSI got into the mid 70s there was a 15$ crash within a couple days. What are the odds this one continues to climb for no reason? Not a whole lot of exciting news other than the fact that Elon manufactures everything in the USA which will please the great overlord Trump.

As someone that went in on TSLA at $194 and change maybe a month or two ago, and remains long, I'll proffer two points.

1. You need to be incredibly careful shorting growth stocks. I considered shorting FB at $50 and AMZN at $300. I would have been slaughtered. Luckily I've never truly gone short unless you consider currency relationships as a long/short.

2. TSLA is basically a news dependent stock if your timeframe is month to month. I can't predict TSLA battery fires, automated driving accidents etc., I believe no one can.

Bad information on their accounting, tech, competitiveness, etc. could make you a killing. The risk adjusted scenario at today's price is probably in your favor for a 1-3 month short, it seems like a swing stock, however only use capital you aren't scared to lose.

This sounds preposterous but went on a date with a former WWE Diva, low level and while she was on national tv was a heel or one of the no-name chicks who just get beaten up. Only concern is her Ex who got her into the business works close to me and according to her wears a 56R suit, is crazy, and has beaten up other guys she's dated. I'm 240 lbs and wear a 48R suit... I'm a former bouncer and not really scared of anyone, but a guy 4" taller than me that is significantly bigger than me and wrestled in the wwe regardless of it being fake, gives me pause for concern.

In B4 Arem funeral.

[Venom08]

If you just pretend fight him, you won't really get hurt unless you fall bad.

[WinningBrah]

What's up boyos. I just got this bad boy today so I wanted to get you guys' thoughts on the CFA. Is it valuable or a waste of time? Does it carry any weight when it comes to getting interviews? I currently work in FP&A at a F500 and my goal is to use the CFA to transfer to my company's investments division and pursue a CIO/CFO track.

[jackedguy87]

so was anyone here smart enough to follow jacked's advice on uranium since I started pounding the table hard 6 months ago? ive enriched all my close friends and family feels good.

btw as you now im a pro trader now this is my ft job im living the dream. ive joined a paid subscription site to improve my gainzz if anyone wants email transfer me some loot we can form a business relationship.

Gold had its major low its due for a quick pullback here take advantage ( I know venom is still waiting for $700). s&p going to 2600+ this year before major bear market. USD index could be going to low 90's before a final rally to 107-110 area and yes gold will rise with it.

[ReyDelMundo]

If you just pretend fight him, you won't really get hurt unless you fall bad.

Yeah... all signs point to while WWE is fake fighting, that he can actually throw down.

Not a fan of that.

On the bright side... maybe he's slow?

so was anyone here smart enough to follow jacked's advice on uranium since I started pounding the table hard 6 months ago? ive enriched all my close friends and family feels good.

btw as you now im a pro trader now this is my ft job im living the dream. ive joined a paid subscription site to improve my gainzz if anyone wants email transfer me some loot we can form a business relationship.

Gold had its major low its due for a quick pullback here take advantage ( I know venom is still waiting for $700). s&p going to 2600+ this year before major bear market. USD index could be going to low 90's before a final rally to 107-110 area and yes gold will rise with it.

High potential, high risk remains.

Fortune favors the bold, and I do agree that USD has more potential on the downside than upside. My best bet is it ticks slightly higher, but while a lower percentage chance it could move significantly lower than it can higher. Expected value is to the downside (percentage chance X downside or upside movement potential).

[WhAtNoWbChSs]

I remember trying to get a job as an ASICs designer. I had to sit through a 3hr info session, then take a 3hr spacial exam with 200 people. Only those who scored >95% would get an interview. I was one of 7 people that got an interview. They rented a car for me to go to the office (over 2hrs away). It was a full day interview and it ended with me with me in what would be my bosses office with my head on the desk saying ... "fine I'd quit". Apparently that was the correct answer. 5 of us got offered the job and only one of us took it. I turned it down because I didn't want to work for the dick head that questioned me until I had to tell him that I'd quit. haha



If you're trading on the US exchange then why the hell are you trading with CAD? Get a USD account and move your money over. If you have more than 6 figures to move then your best bet is to call your broker and ask for their best rate. You'll get better than what's posted on the web site but you'll have to say yes or no fast to secure the rate.

The exchange issue is your fault and if you didn't read the find print or inquire about the process for buying foreign securities then it's your fault. I'm not ashamed to say that I've talked to IB tech support several times before I learned how to effectively buy US securities. They have an All in one currency account and I didn't understand how that works. Now I do and it's tricky but if you know the ins and outs then it works just fine. Before I was with IB I was with Scotia i-Trade and I had to have a separate USD account.

Learn your broker before you trade. Most people likely don't have a clue what really goes on and how their broker makes money. You are likely at a disadvantage before you ever make a trade decision.

I'm really noobing it up, don't worry.

Got hyped up when trump won and exchanged 10k cdn to usd at 1.361. Kicking myself now. can it just go to 1.400 tomorrow and ill pull out and try to redo redo things? (wishful thinking)

Then ya I bought 4k worth of shares of coke when the exchange rate was 1.305, figured I would get a decent rate only to get boned on settlement date at 1.346.

So basically I've completely fuked the forex from start to finish. Oh well it's been a learning experience.

The thing is now I'm already 16k into USD. I know if the exchange rate breaks 1.299 I will be tempted to buy even more. But should I?

[ctownballer04]

What's up boyos. I just got this bad boy today so I wanted to get you guys' thoughts on the CFA. Is it valuable or a waste of time? Does it carry any weight when it comes to getting interviews? I currently work in FP&A at a F500 and my goal is to use the CFA to transfer to my company's investments division and pursue a CIO/CFO track.

It's a good designation in that you're investing in yourself and you'll learn a lot in the process. I doubt it adds much weight to getting interviews in corporate finance, but I don't know, that's never been an area I've tried to get work in. It definitely gives you a slight edge in getting interviews for research related roles, but at the end of the day, it's about how you portray yourself in the interview and not the designation.

Congrats on passing L1. If you are going straight to L2 in June, I'd advise starting ASAP. L2 Quant, Derivatives, FR&A, and Fixed Income are a bish for most people.

[GabrielNovar]

so was anyone here smart enough to follow jacked's advice on uranium since I started pounding the table hard 6 months ago? ive enriched all my close friends and family feels good.

btw as you now im a pro trader now this is my ft job im living the dream. ive joined a paid subscription site to improve my gainzz if anyone wants email transfer me some loot we can form a business relationship.

Gold had its major low its due for a quick pullback here take advantage ( I know venom is still waiting for $700). s&p going to 2600+ this year before major bear market. USD index could be going to low 90's before a final rally to 107-110 area and yes gold will rise with it.

? how many trades are you actually pulling off or are you just buying and adding not selling

[thetrebel]

? how many trades are you actually pulling off or are you just buying and adding not selling

Lol still conviced he's a troll

[thetrebel]

Talked to tekk he says hello my nikkas

he put me hip to this....

DoubleLine's Gundlach says Trump rallies seem to be 'losing steam'

http://www.reuters.com/article/us-fu...-idUSKBN13Q5FL

I still want to bet against the dollar, but for the last three years it has been unstoppable so idk


going to look at the euro/usd long play as way to bet against the dollar


Edit:

well damn maybe I was wrong u/j looks like it wants to go higher


long @ 113.799

[Slamt]

Talked to tekk he says hello my nikkas

he put me hip to this....

DoubleLine's Gundlach says Trump rallies seem to be 'losing steam'

http://www.reuters.com/article/us-fu...-idUSKBN13Q5FL

I still want to bet against the dollar, but for the last three years it has been unstoppable so idk


going to look at the euro/usd long play as way to bet against the dollar


Edit:

well damn maybe I was wrong u/j looks like it wants to go higher


long @ 113.799

FOMC next week, they'll probably realize they can't hike as many times as they planned last meeting. Boom.

[thetrebel]

FOMC next week, they'll probably realize they can't hike as many times as they planned last meeting. Boom.

FOOK

brb betting life savings against usd

[residesinAZ]

so was anyone here smart enough to follow jacked's advice on uranium since I started pounding the table hard 6 months ago? ive enriched all my close friends and family feels good.

Didn't buy, but I've been watching since your post. Good call man. Looks like the run is just beginning too.

[ctownballer04]

FOOK

brb betting life savings against usd

Or they'll say 3 hikes and market will actually price in 3rd hike. Rekt

[Slamt]

Or they'll say 3 hikes and market will actually price in 3rd hike. Rekt

I swear I was promised a hike each month from july-december last year, and think we got one?

[ctownballer04]

I swear I was promised a hike each month from july-december last year, and think we got one?

b-bbut this time it's different

[DasBiceps]

Dow 21k tomorrow...

[RobParks2M]

Rallies loosing steam >>>>>>


<<<<<<<Markets at all time highs


Everything looks pretty ripe ATM, but who knows what will happen next. Market hasn't seen decent chop in months now.

[thetrebel]

Rallies loosing steam >>>>>>


<<<<<<<Markets at all time highs


Everything looks pretty ripe ATM, but who knows what will happen next. Market hasn't seen decent chop in months now.

You just summarised all of Nassim Taleb book's.


******* still owes me 12 bucks!

[thetrebel]

b-bbut this time it's different

Dead @ cp comments LOL


Wonder what that guy is doing today?

He face got plastered on that book, imagine investing your money in his firm and then seeing that book lmao

[SirStealth]

so was anyone here smart enough to follow jacked's advice on uranium since I started pounding the table hard 6 months ago? ive enriched all my close friends and family feels good.

btw as you now im a pro trader now this is my ft job im living the dream. ive joined a paid subscription site to improve my gainzz if anyone wants email transfer me some loot we can form a business relationship.

Gold had its major low its due for a quick pullback here take advantage ( I know venom is still waiting for $700). s&p going to 2600+ this year before major bear market. USD index could be going to low 90's before a final rally to 107-110 area and yes gold will rise with it.

I read your UUUU post some months back and agreed with it.. put 5k in it at 1.35 and have been buying and selling all the way up...I'm up 4k thanks to you lol