Active market traders

[klbbr]

Just started crypto trading! Just lost 20% off my initial investment! Thinking of put more into the same coin. I think I'm doing it right!?

How to get a small fortune in crypto? Start with a big one! I'd say get ether and hodl but then again don't listen to me.

[Mark1T]

You only lost money on crypto if you sell it. It is extremely volatile, so let it ride for the long-term.

[twovalvekid]

You only lost money on crypto if you sell it. It is extremely volatile, so let it ride for the long-term.

This. It jumps around....a lot. BUt general movement is up.

[NorwichGrad]

This. It jumps around....a lot. BUt general movement is up.

As long as the fed keeps on BRRRRRRRRRRRing the fiat printer, stocks and cryptos will go up.

The recent infrastructure bill signed by Brandon will be great for cryptos. It will be bad for the economy as it will make inflation worse and the dollar worth less, but the space will go up.

[steffo99]

[twovalvekid]

As long as the fed keeps on BRRRRRRRRRRRing the fiat printer, stocks and cryptos will go up.

The recent infrastructure bill signed by Brandon will be great for cryptos. It will be bad for the economy as it will make inflation worse and the dollar worth less, but the space will go up.

Thats what im thinking too. Im just going to let the $$$ ride. I dont "need" it right now, so just leave it be.

[NorwichGrad]

Thats what im thinking too. Im just going to let the $$$ ride. I dont "need" it right now, so just leave it be.

Yessir.

The key is bitcoin, followed by eth.

We don't know when bitcoin will top off. But when it does, we will know when the money starts pouring into eth.

Then followed by the alt coins.

Bitcoin and eth are the safest and surest cryptos at the moment. I don't have either one, as I decided to take calculated risks and went all in on alt coins since they will have the largest percentage return when the bull run tops off.

[twovalvekid]

Yessir.

The key is bitcoin, followed by eth.

We don't know when bitcoin will top off. But when it does, we will know when the money starts pouring into eth.

Then followed by the alt coins.

Bitcoin and eth are the safest and surest cryptos at the moment. I don't have either one, as I decided to take calculated risks and went all in on alt coins since they will have the largest percentage return when the bull run tops off.

I keep a pretty nice mixed bag on the crypto portfolio. Holdings from largest to smallest are BTC > ETH > SOL > ADA > DOGE > SHIB (mainly because it's lolzy and i had a shiba inu).

[NorwichGrad]

I keep a pretty nice mixed bag on the crypto portfolio. Holdings from largest to smallest are BTC > ETH > SOL > ADA > DOGE > SHIB (mainly because it's lolzy and i had a shiba inu).

Nice!!!!

People make fun of the meme coins. But as long as you profit, it's all good.

Yes, nothing makes sense anymore. So just go with the flow and keep raking in the profit. Just take profit when you feel it's time to do so, and convert the profits into something else.

Since you have doge, you should know he has a girlfriend named DOGEGF. That too will moon. LOL..

[Mark1T]

I'm thinking the Fed is considering tightening the economy by slightly raising interest rates, especially since inflation is not going to ease, no matter what Biden says.

[NorwichGrad]

I'm thinking the Fed is considering tightening the economy by slightly raising interest rates, especially since inflation is not going to ease, no matter what Biden says.

The fed did a record reverse repo to the tune of $1.6T end of quarter.

The fed is trapped.

Continue debt expansion. Bad.
Tighten liquidity. Also bad as interest will pop the mother of all bubbles.

Boe Jiden is a sock puppet.

The current system is done. The powers that be have no choice but to eventually kill it and usher in the next system, which is already in place, they just haven't turned the switch on yet.

[acrawlingchaos]

Ahh the old buy high sell low strategy. Keeps the market happy

Good to see you.

Sone one has to do it. And just as predicted... I bought more in as it bottomed, then lost another 2%. But I'll just hold it... no rush. Good to see you too bro.

How to get a small fortune in crypto? Start with a big one! I'd say get ether and hodl but then again don't listen to me.

That's how my brother was able to come up so quick. He sold his house, moved in with my dad and said "f*ck it", dumped it all in crypto. Made a killing on SHIB.

You only lost money on crypto if you sell it. It is extremely volatile, so let it ride for the long-term.

This. It jumps around....a lot. BUt general movement is up.

Ya, I learned that real quick. I can see why most people lose money in crypto. They made trading too easy LOL. I can see people starting off with too small of a capital and then having their gains chewed up by transaction fees. I like range trading, which is what I've decided to do. Mostly because it's the winter and work plummets. So I have nothing to do for the next 3 months. So I've decided to make this more of a hobby than an investment per/se. It's fun, kind of exciting.... kind of f*cking with my sleep schedule.

I keep a pretty nice mixed bag on the crypto portfolio. Holdings from largest to smallest are BTC > ETH > SOL > ADA > DOGE > SHIB (mainly because it's lolzy and i had a shiba inu).

Nice!!!!

People make fun of the meme coins. But as long as you profit, it's all good.

Yes, nothing makes sense anymore. So just go with the flow and keep raking in the profit. Just take profit when you feel it's time to do so, and convert the profits into something else.

Since you have doge, you should know he has a girlfriend named DOGEGF. That too will moon. LOL..

Right now I am playing with a few alt coins. So if you want a little excitement, check out Function X and OMG network. Both Ethereum based alts and both super low right now. You will lose sleep. LOL

[steffo99]

My strange portfolio atm - impressed with myself still being able to create something in excel. Some abnormaly large alt/ICO holdings atm since locked and turned out well and/or not quite launched yet. Looking to shift those over to eth and btc eventually.




edit: Good to see you back acrawlingchaos!

[Jtbny]

I'm thinking the Fed is considering tightening the economy by slightly raising interest rates, especially since inflation is not going to ease, no matter what Biden says.

I think you're right. They have to. While I'm still leaning towards inflation being more of a supply chain issue (mainly because I listen to boring earnings calls from big companies) the perception from the average Joe is it's more than that. Rates rising should pump the brakes on the market and give investors other routes. I'm rooting for it.

[_zman]

I think you're right. They have to. While I'm still leaning towards inflation being more of a supply chain issue (mainly because I listen to boring earnings calls from big companies) the perception from the average Joe is it's more than that. Rates rising should pump the brakes on the market and give investors other routes. I'm rooting for it.

I think the M1 money is the key. https://tradingeconomics.com/united-...oney-supply-m1

People have more money to spend than ever? Companies are using the supply chain issue as a cop out?

Sure there are supply chain issues, yet everything I'm seeing is raising in price. I've been pricing out furniture and recall prices of goods and they're raising at what I would call an unprecedented rate.

A recliner I wanted about a year ago was $330 - $570 now.
A stove I bought a few years ago for $540 - is $890 now.
A mattress I was going to buy was like $500 - now $650.

If all these items are in stock. How is there a supply chain issue? Sure some items have supply chain problems, but a eye contact exam went from $100 to $130 at Costco. That has nothing to do with supply chain.

Although I think the supply chain is a factor, I don't think it's the main factor. I think companies realize people have money on hand and it's a chance to raise prices on both goods and services.

[Jtbny]

I think the M1 money is the key. https://tradingeconomics.com/united-...oney-supply-m1

People have more money to spend than ever? Companies are using the supply chain issue as a cop out?

Sure there are supply chain issues, yet everything I'm seeing is raising in price. I've been pricing out furniture and recall prices of goods and they're raising at what I would call an unprecedented rate.

A recliner I wanted about a year ago was $330 - $570 now.
A stove I bought a few years ago for $540 - is $890 now.
A mattress I was going to buy was like $500 - now $650.

If all these items are in stock. How is there a supply chain issue? Sure some items have supply chain problems, but a eye contact exam went from $100 to $130 at Costco. That has nothing to do with supply chain.

Although I think the supply chain is a factor, I don't think it's the main factor. I think companies realize people have money on hand and it's a chance to raise prices on both goods and services.

I disagree. Supply chain issues are without a doubt the main issue. That has lead to some inflation which raises the prices across the board. Add in demand being high while supplies remain slow and here we are. But it's certainly not a cop out. Inflow from China is not the only supply chain - truck drivers, dock workers, etc are all part of it. So, yes, supply chain is the vast majority of the issues we see and should clear mid 2022. Wage pressure/ fuel prices are part of the equation as well of course.

I don't subscribe to your theory about companies taking advantage of this to charge more.

[Mark1T]

I think the M1 money is the key. https://tradingeconomics.com/united-...oney-supply-m1

People have more money to spend than ever? Companies are using the supply chain issue as a cop out?

Sure there are supply chain issues, yet everything I'm seeing is raising in price. I've been pricing out furniture and recall prices of goods and they're raising at what I would call an unprecedented rate.

A recliner I wanted about a year ago was $330 - $570 now.
A stove I bought a few years ago for $540 - is $890 now.
A mattress I was going to buy was like $500 - now $650.

If all these items are in stock. How is there a supply chain issue? Sure some items have supply chain problems, but a eye contact exam went from $100 to $130 at Costco. That has nothing to do with supply chain.

Although I think the supply chain is a factor, I don't think it's the main factor. I think companies realize people have money on hand and it's a chance to raise prices on both goods and services.

Those things you listed may be in stock, but you are not aware of how the logistics and logistical expenses have changed which translates into higher consumer costs.

[_zman]

Those things you listed may be in stock, but you are not aware of how the logistics and logistical expenses have changed which translates into higher consumer costs.

By all means, inform me. These mainstream media generalized points don't really explain it very well.

Has fuel price gone up? sure. Is there a labor shortage? sure. It doesn't really explain why prices on some consumer goods/service are 30-80% higher. Yeah a lot of items come from China, but not all.

When items are not in stock, then I could see supply chain being the main problem. I think it's just one problem. The other is consumer's willingness to pay an increased price and M1 money supply.

[Jtbny]

By all means, inform me. These mainstream media generalized points don't really explain it very well.

If you step back from your political agenda it might help clear your thoughts. It's really not too hard to understand how the supply chain has been the major factor in price increases.

Has fuel price gone up? sure. Is there a labor shortage? sure. It doesn't really explain why prices on some consumer goods/service are 30-80% higher. Yeah a lot of items come from China, but not all.

I mean...this is basically the answer beyond JUST supply chain issues. They all contribute but my opinion is supply chain is the MAIN reason followed by many other smaller reasons adding to the pressure.

When items are not in stock, then I could see supply chain being the main problem. I think it's just one problem. The other is consumer's willingness to pay an increased price and M1 money supply.

You're attempting to use the out of stock/in stock of items as your metric. That's silly. I drive by multiple car dealerships all the time. They have vehicles on their lots - many of them. Why are prices so high then??? They have vehicles???

[Mark1T]

If you step back from your political agenda it might help clear your thoughts. It's really not too hard to understand how the supply chain has been the major factor in price increases.



I mean...this is basically the answer beyond JUST supply chain issues. They all contribute but my opinion is supply chain is the MAIN reason followed by many other smaller reasons adding to the pressure.



You're attempting to use the out of stock/in stock of items as your metric. That's silly. I drive by multiple car dealerships all the time. They have vehicles on their lots - many of them. Why are prices so high then??? They have vehicles???

All that.

[_zman]

If you step back from your political agenda it might help clear your thoughts. It's really not too hard to understand how the supply chain has been the major factor in price increases.



I mean...this is basically the answer beyond JUST supply chain issues. They all contribute but my opinion is supply chain is the MAIN reason followed by many other smaller reasons adding to the pressure.



You're attempting to use the out of stock/in stock of items as your metric. That's silly. I drive by multiple car dealerships all the time. They have vehicles on their lots - many of them. Why are prices so high then??? They have vehicles???

Literally just drove by a half dozen of the top dealers in the state on my way home. Normally at full capacity, I'd say they're at 1/3 to 1/4 percent capacity with not very many new ones. That's where the inflation is making sense to me, where there's chip shortages for many dealers.

Not sure why you're mentioning politics though. I'm talking about companies upcharging due to M1 money.

[Realclout]

cross-posting since I said I would be more active in here GLAD to SEE some OF the KNOWLEDGEABLE guys giving gems to the unawair.

THIS is one OPPORTUNITY I am looking at taking advantage of this week

Spoiler!

[Jtbny]

Literally just drove by a half dozen of the top dealers in the state on my way home. Normally at full capacity, I'd say they're at 1/3 to 1/4 percent capacity with not very many new ones. That's where the inflation is making sense to me, where there's chip shortages for many dealers.

Not sure why you're mentioning politics though. I'm talking about companies upcharging due to M1 money.

Ok so because you KNOW there is a chip shortage that makes sense. But like Mark said you don't KNOW the other materials or supply chain issues other industries are experiencing and assume they are simply taking advantage of the situation? I'm not trying to argue just trying to understand. Inflation is real for sure but the mystery is it here to stay or not. I don't think so, not at this level. In fact we are already starting to see signs of it cracking.

I listen to earnings calls and while many acknowledge other issues contributing to rising costs just about every one of the calls I've listened to leaned heavily on supply chain issues as the main disruptor to their businesses. You'd think wage pressure but that really wasn't it. Shipping/trucking/fuel/raw material/finding and keeping labor are the main reasons listed and those issues get passed on to the consumer and once those issues clear up so will the price increases.

I have seen local services companies looking to take advantage but large corps realize that if they upcharge their competitors will step in and take their place - capitalism for the win.

[Jtbny]

cross-posting since I said I would be more active in here GLAD to SEE some OF the KNOWLEDGEABLE guys giving gems to the unawair.

THIS is one OPPORTUNITY I am looking at taking advantage of this week

This week is generally uneventful. Can you explain what you're looking to do? Myself, I'll likely sit this week out as I've got some plays already working and just let theta tick away.

[_zman]

Ok so because you KNOW there is a chip shortage that makes sense. But like Mark said you don't KNOW the other materials or supply chain issues other industries are experiencing and assume they are simply taking advantage of the situation? I'm not trying to argue just trying to understand. Inflation is real for sure but the mystery is it here to stay or not. I don't think so, not at this level. In fact we are already starting to see signs of it cracking.

I listen to earnings calls and while many acknowledge other issues contributing to rising costs just about every one of the calls I've listened to leaned heavily on supply chain issues as the main disruptor to their businesses. You'd think wage pressure but that really wasn't it. Shipping/trucking/fuel/raw material/finding and keeping labor are the main reasons listed and those issues get passed on to the consumer and once those issues clear up so will the price increases.

I have seen local services companies looking to take advantage but large corps realize that if they upcharge their competitors will step in and take their place - capitalism for the win.

I think we'll just have to disagree here.

Businesses that have the capacity and market share to take advantage of consumers rarely don't; especially publicly traded ones. I wish I had more of a positive attitude about it like you do, but let's be realistic.

Not many businesses are using a cost plus price model. They typically are using retail discounts. And now tack on supply chain fees. Just like they did with steel a few years ago and fuel a few years before that. Those fees rarely drop off.

Large corps have enough market share to charge whatever they like when the market allows it. That's the whole point in having market share/monopoly. You really think publicly traded companies aren't trying to squeeze every nickel and dime out of consumers and other businesses when possible? Do you think that prices will ever come back down after inflation trails off? I doubt it...not until a competitor can threaten market share.

[Realclout]

This week is generally uneventful. Can you explain what you're looking to do? Myself, I'll likely sit this week out as I've got some plays already working and just let theta tick away.

Towards the end of the year it tends to be like that across all markets. Overall I am long term bearish on AJ pair depicted by the charts meaning I see the aud depreciating against the yen. Been in a down trend since around 2013 as seen in the first monthly chart the current retracement is hovering around the 71.8% fib level around the 85 handle so I would want to see that hold for continued selling opportunities if it does not hold I see new highs and continued upward momentum with new higher highs being put in above the weekly high around the 85 handle.

Shorter term I have a price target above the 84 handle but below the weekly highs around the 85 handle to set up for a possible selling opportunity as mentioned since there is most likely pending buy orders above the 84 handle that would engineer liquidity for the big money to come in and price could dumb to around the 79 handle which lines up with the 1.6128 fib extension and the .786 fib retracement shown in the middle two charts from different lows in the middle two pictures there most likely are more pending sell orders under the 78 - 80 handle range which could potentially push price below the weekly lows engineering liquidity for sells to buy back their shorts and give them an opportunity to go long on the retracement below weekly lows in the next couple weeks to months.

Selling puts it sounds like?

[Realclout]

I think we'll just have to disagree here.

Businesses that have the capacity and market share to take advantage of consumers rarely don't; especially publicly traded ones. I wish I had more of a positive attitude about it like you do, but let's be realistic.

Not many businesses are using a cost plus price model. They typically are using retail discounts. And now tack on supply chain fees. Just like they did with steel a few years ago and fuel a few years before that. Those fees rarely drop off.

Large corps have enough market share to charge whatever they like when the market allows it. That's the whole point in having market share/monopoly. You really think publicly traded companies aren't trying to squeeze every nickel and dime out of consumers and other businesses when possible? Do you think that prices will ever come back down after inflation trails off? I doubt it...not until a competitor can threaten market share.

CPI and PPI as well as Inflation, The consumable goods trifecta if I am not mistaken are all printing higher which you guessed it decreases buying power and raises costs of goods. Turn off CNBC and read a book, DED fooking SRS.

"Hur DUR" muh SUPPLY chain issues

Not to mention WHEN fuel GOES up everything GOES up JUST lol ded FOOKING srs.

[Realclout]

For what it's worth I think I got a good entry on the right side of the trade that I theorized about earlier figured a good measure of transparency was to capture my entry and price before the move happens if it does because it's easy to fraud after it happened with handset setting your entry wherever it makes sense looking like you caught the move when you really didn't if that makes sense.

[Jtbny]

I think we'll just have to disagree here.

Businesses that have the capacity and market share to take advantage of consumers rarely don't; especially publicly traded ones. I wish I had more of a positive attitude about it like you do, but let's be realistic.

Not many businesses are using a cost plus price model. They typically are using retail discounts. And now tack on supply chain fees. Just like they did with steel a few years ago and fuel a few years before that. Those fees rarely drop off.

Large corps have enough market share to charge whatever they like when the market allows it. That's the whole point in having market share/monopoly. You really think publicly traded companies aren't trying to squeeze every nickel and dime out of consumers and other businesses when possible? Do you think that prices will ever come back down after inflation trails off? I doubt it...not until a competitor can threaten market share.

I'm just going by what the CEO's are saying during their earnings calls and that is that supply chain issued are and continue to be, by far, their number one issue. And yes I do think prices will retreat to a level that makes sense to our current inflationary situation once things get moving at a normal pace all other variables remaining constant. They have to or those businesses risk losing their market share as others step in. Capitalism is pretty good like that.

Selling puts it sounds like?

Selling PUTS is bullish. I do have some puts expiring 12/31 but it's on stonks I'm already holding and will allow me to average down as I'm long on them. Buying puts is bearish and I'm not there yet. There will be a downturn/correction but I don't think it's this year.

End of year can be a sell off period but this week is usually very low volume. That can lead to large swings in some tickers or no move at all in the big names. Good week to sell weekly puts/calls close to the money as most stocks don't move much at all this week. Or like me just sit out

[NorwichGrad]

I disagree. Supply chain issues are without a doubt the main issue. That has lead to some inflation which raises the prices across the board. Add in demand being high while supplies remain slow and here we are. But it's certainly not a cop out. Inflow from China is not the only supply chain - truck drivers, dock workers, etc are all part of it. So, yes, supply chain is the vast majority of the issues we see and should clear mid 2022. Wage pressure/ fuel prices are part of the equation as well of course.

I don't subscribe to your theory about companies taking advantage of this to charge more.

Supply chain is indeed the main issue.

I've worked as an engineer for many years, as you know, under different capacities from design to construction to continuous improvement to manufacturing to industrial. Supply chain is the lifeblood of manufacturing.

The US, when it was a manufacturing powerhouse, had 60% of its GDP in manufacturing. Now, because we have become addicted to consumerism and politicians on both sides have sold us down the drain by shifting our manufacturing base overseas, is now less than 10% GDP in manufacturing.

And you are correct. Inflow from China is NOT the only supply chain. I was scheduled to launch a product early this month. It will not be launched until February because of DOMESTIC supply chain issues.

Just-in-time is an excellent concept. But just like anything else, when gubmint gets involved, everything it touches turns to $hit.