Active market traders

[NorwichGrad]

Senile Brandon threatening Putin with sanction is laughable.

Imagine you are old school AT&T with landline. Imagine an existing technology called cell phone already exists. Imagine AT&T threatening to cut off your landline. And you are LMAOing because you already have an Iphone and you don't give a $hit.

How does this relate to the thread?

The West's SWIFT system is that landline. There is already a new payment system that Russia and China will use.

So park your cents next to the new payment systems.

[Payton1221]

I'm not predicting any significant move any time soon, but I do see a correction if not full blown bear market happening this year. Just for transparency, I am 100% cash as of COB yesterday and will remain that way for quite some time. With that noted, I have been somewhat conservative for 18 months and my positions have cost me over $150,000 in gains had I been 100% in the S&P 500 since then

[NorwichGrad]

I'm not predicting any significant move any time soon, but I do see a correction if not full blown bear market happening this year. Just for transparency, I am 100% cash as of COB yesterday and will remain that way for quite some time. With that noted, I have been somewhat conservative for 18 months and my positions have cost me over $150,000 in gains had I been 100% in the S&P 500 since then

YIKES!! That's a lot of losses. Hope you can recover it.

But I agree. It will be this year.

But first, the fifth leg of the Elliott Wave must be fulfilled and the masses must be on the extreme GREED on the fear/greed index.

Then BAM! DOWNWARD.

[eomrat]

Senile Brandon threatening Putin with sanction is laughable.

Imagine you are old school AT&T with landline. Imagine an existing technology called cell phone already exists. Imagine AT&T threatening to cut off your landline. And you are LMAOing because you already have an Iphone and you don't give a $hit.

How does this relate to the thread?

The West's SWIFT system is that landline. There is already a new payment system that Russia and China will use.

So park your cents next to the new payment systems.

I have been buying ERUS. Its a Russian market index fund. I started buying as soon as I realized Putin was taking the Donbass and no one was going to do anything about it. It was around $36 then. Its $30.8 now and I am still buying. I am hoping the UK and US will continue the hysteria and drive prices even lower.

I am gathering information on the Russia/Chinese trade agreement. It is a monster; bigger than NAFTA. There is a lot of money to be had there.


While we were busy obsessing about Trans rights and Whoopi Goldberg and Joe Rogan, Putin and Xi were creating the future.

[NorwichGrad]

I have been buying ERUS. Its a Russian market index fund. I started buying as soon as I realized Putin was taking the Donbass and no one was going to do anything about it. It was around $36 then. Its $30.8 now and I am still buying. I am hoping the UK and US will continue the hysteria and drive prices even lower.

I am gathering information on the Russia/Chinese trade agreement. It is a monster; bigger than NAFTA. There is a lot of money to be had there.


While we were busy obsessing about Trans rights and Whoopi Goldberg and Joe Rogan, Putin and Xi were creating the future.

Yes!

The New Silk Road is something Americans are also unaware of. So much distraction. But when one know how to follow the money, boom, you can profit.

[Payton1221]

YIKES!! That's a lot of losses. Hope you can recover it.

They weren't losses. I still made money but I made $150,000 less than I would have if I were 100% invested in the S&P.

I have joked before but in August 2020 I went "capital preservation" mode, and I can confirm that I have preserved my capital

[eomrat]

ERUS is set to open around $21.50. I am still buying.

[eomrat]

Yes!

The New Silk Road is something Americans are also unaware of. So much distraction. But when one know how to follow the money, boom, you can profit.

Follow that money across Africa. Lots to be made.

India has their own version of BRI and want to use the port at Eilat and a Railroad across the Sinai.

[PaulJerome]

Long gold through ETFs. Put options on Pfizer. Doing pretty good at the moment.

[NorwichGrad]

They weren't losses. I still made money but I made $150,000 less than I would have if I were 100% invested in the S&P.

I have joked before but in August 2020 I went "capital preservation" mode, and I can confirm that I have preserved my capital

Ah. Gotcha. You’re a good dood. I like seeing good doods flourish and thrive.

[NorwichGrad]

ERUS is set to open around $21.50. I am still buying.

In case you are unware, this may be good intel.

You are familiar with petrodollar and how the DC war machine got in cahoots with the Saudi headchoppers in 1971.

The same happened last year but with Russia. IOW, Russia established the petroruble with the Saudis.

So good decision on your part to buy ERUS.

[NorwichGrad]

Follow that money across Africa. Lots to be made.

India has their own version of BRI and want to use the port at Eilat and a Railroad across the Sinai.

You're a smart dood for an infantryman.

Agreed.

[eomrat]

You're a smart dood for an infantryman.

.

Fact.

I am already up 13% on my ERUS. Fukc it, I guess I am a war profiteer now.

[NorwichGrad]

Fact.

I am already up 13% on my ERUS. Fukc it, I guess I am a war profiteer now.

Lmao. You’re not a war profiteer. You’re pragmatic. Nothing wrong with playing their game. I mean, $hit bro, I hate bankers. But my cryptos are banker cryptos. Hahaha.

[NorwichGrad]

As much as I hate warfare, no sense playing ‘keyboard geo politics expert.’ I’m referring to the two threads I started regarding Russia / Ukraine and China / Taiwan.

Before the plandemic, Moderna stock was $16. Then it hit almost $500 in several months.

With the chaos going on in Europe and soon Asia, I hate to sound insensitive, but profits can be made.

Defense companies will profit.

Banks will profit. Banks always win at the expense of human suffering.

Cryptos will also profit. SWIFT is a joke. It’s old and archaic. Russian banks have been severed from SWIFT. This may be good for precious metals and cryptos. Because Russia and the East will have no choice but to use payment systems outside of SWIFT.

You guys are smart. You see opportunities. It doesn’t make us war profiteers. We are just doing what we have to do for our families.

Know their game so you cannot be played.

[induced_drag]

A little nervous. BTC and crypto spiking. Guessing Russian have no place to move money and currency down 30%.

This shows the power of crypto and 'sanctions' dont do anything to prevent it. It is not controlled and cant be....so while this shows how great cryto is, it might also be a wake up to the world the threat it poses to the international power of the banking world.

LOVE seeing portfolio spike, but scares the crap out of me also!

[NorwichGrad]

A little nervous. BTC and crypto spiking. Guessing Russian have no place to move money and currency down 30%.

This shows the power of crypto and 'sanctions' dont do anything to prevent it. It is not controlled and cant be....so while this shows how great cryto is, it might also be a wake up to the world the threat it poses to the international power of the banking world.

LOVE seeing portfolio spike, but scares the crap out of me also!

Yup. This is why gubmint wants to regulate the space. Gubmints don’t necessarily ‘hate’ cryptos. They just want control of it.

[NotJtbny]

Bump

My option account has been thrashed so its a sit and wait for me there. I did what I have always said I wouldn't do and that is to start trading from my savings account. I use Ally for savings which is separate from my normal checking/saving at my local credit union. No option trading with this though.

With inflation running high I just didn't see a good way to keep up with it having all cash. My savings isnt huge ($66k) but I carved out 26K and dropped it into Wal-Mart after 2 days of their selloff. Why? Because I think it's oversold and if we are heading to a recession people trade down from higher priced retail stores and WMT serves just about every single community. Not to mention they pay a dividend and I can just sit on this stock selling calls against my shares until it bounces back. Biggest drop for them since 1987 so why not buy.

I'm kicking myself for NOT buying a ton of puts on TGT because after WMT dropped on really good earnings (even through they missed EPS) the writing was on the wall TGT would do the same. Big miss on my part.

Anyhow, 200 shares of WMT at 128 a share (yup caught that falling knife) and I'll wait for a bull rally day to sell calls against. Good luck out there and remember there is money to be made.

"Be greedy when others are fearful." Warren Buffett/Michael Scott

[NorwichGrad]

Bump

My option account has been thrashed so its a sit and wait for me there. I did what I have always said I wouldn't do and that is to start trading from my savings account. I use Ally for savings which is separate from my normal checking/saving at my local credit union. No option trading with this though.

With inflation running high I just didn't see a good way to keep up with it having all cash. My savings isnt huge ($66k) but I carved out 26K and dropped it into Wal-Mart after 2 days of their selloff. Why? Because I think it's oversold and if we are heading to a recession people trade down from higher priced retail stores and WMT serves just about every single community. Not to mention they pay a dividend and I can just sit on this stock selling calls against my shares until it bounces back. Biggest drop for them since 1987 so why not buy.

I'm kicking myself for NOT buying a ton of puts on TGT because after WMT dropped on really good earnings (even through they missed EPS) the writing was on the wall TGT would do the same. Big miss on my part.

Anyhow, 200 shares of WMT at 128 a share (yup caught that falling knife) and I'll wait for a bull rally day to sell calls against. Good luck out there and remember there is money to be made.

"Be greedy when others are fearful." Warren Buffett/Michael Scott

Thanks for bumping.

I'm not a fan of globalist scumbag Buffet. But that quote is powerful and something I try to stick with.

This market will leg up one more time before we hit the greater depression. I say this because the fear index is at its highest. I also bought the dip on ISO20022 coins.

Real market crash happens in euphoria, not fear.

Time to get ready for the escalator up, then the elevator down.

The dollar is dead. Most mercahns refuse to see it, or simply don't want to accept its fate.

SWIFT backfired on all of us, as I predicted. Putin established the quasi gold standard when he told the world to pay in ruble or gold for his oil. Western Europe recently submitted to his demands.

Pax Americana is also losing power as Eastern Nations are creating their own payment system outside of the petro. We can all thank both Rs and Ds for selling us out to the highest bidder.

You're right. There is money to be made.

In the meantime, do not forget we still live in the real, brick-and-mortar world. The threat of food shortage (which is engineered) will hurt Humanity. Learn the art of self-sufficiency. I saw the writing on the wall years ago, which is why I started homesteading. Eggs and veggies will also become important commodities and currencies for bartering for those who prepared and put the tinfoil hat on.

[bustasinclair]

Anyhow, 200 shares of WMT at 128 a share (yup caught that falling knife) and I'll wait for a bull rally day to sell calls against. Good luck out there and remember there is money to be made.

Man, I wish I was as confident as you. If I had done this ^^ I would be sitting here right now knowing I'm $1,600 in the hole and ****tting my pants.

Good on you, I'm sure it was a great buy and it'll rebound very quickly; I just don't have the stomach for it.

[NorwichGrad]

Man, I wish I was as confident as you. If I had done this ^^ I would be sitting here right now knowing I'm $1,600 in the hole and ****tting my pants.

Good on you, I'm sure it was a great buy and it'll rebound very quickly; I just don't have the stomach for it.

It's a mindset.

I am sitting close to 5 digits in the hole. LOL.

But I remain unfazed because I know what I hold and I believe in how they will be used in the next phase.

[NotJtbny]

Man, I wish I was as confident as you. If I had done this ^^ I would be sitting here right now knowing I'm $1,600 in the hole and ****tting my pants.

Good on you, I'm sure it was a great buy and it'll rebound very quickly; I just don't have the stomach for it.

It's not all that bad. I sold call options for Dec. for about $500 each so that brings my average down $5 a share (I got paper hands and couldn't wait for a bull rally). Plus, it pays a quarterly div of .56 a share. It's better than the money sitting at .5% interest while inflation continues to increase. IF my shares were to get called away in Dec I'll make close to $3k on the $24K which is far better than I would have. If they don't I keep the $1k I collected and still have the shares and continue to collect the div. It's Wal-Mart it's not going anywhere anytime soon.

It's 1/3 of my current savings so I still have 40K liquidity if needed. I'm not brave enough to use much more than 1/3 (plus the wife would freak out)

[bustasinclair]

It's not all that bad. I sold call options for Dec. for about $500 each so that brings my average down $5 a share (I got paper hands and couldn't wait for a bull rally). Plus, it pays a quarterly div of .56 a share. It's better than the money sitting at .5% interest while inflation continues to increase. IF my shares were to get called away in Dec I'll make close to $3k on the $24K which is far better than I would have. If they don't I keep the $1k I collected and still have the shares and continue to collect the div. It's Wal-Mart it's not going anywhere anytime soon.

It's 1/3 of my current savings so I still have 40K liquidity if needed. I'm not brave enough to use much more than 1/3 (plus the wife would freak out)

No doubt you know what you're doing. I was just mentioning my stomach issues with trading. I'm impressed with your technique. I took a long look at WMT this morning and was going to take a small piece ($1,500...woo hoo, 13 shares), but I got to thinking that WMT was trading in the $70's not that long ago and we definitely could see them falling under $100 so I chickened out.

In January I was sports betting and I was doing relatively well until I hit a wall and lost about $1,200, so I quit that $hit, lol.

I'm rooting for you guys!

[NotJtbny]

No doubt you know what you're doing. I was just mentioning my stomach issues with trading. I'm impressed with your technique. I took a long look at WMT this morning and was going to take a small piece ($1,500...woo hoo, 13 shares), but I got to thinking that WMT was trading in the $70's not that long ago and we definitely could see them falling under $100 so I chickened out.

In January I was sports betting and I was doing relatively well until I hit a wall and lost about $1,200, so I quit that $hit, lol.

I'm rooting for you guys!

Oh could definitely go below $100. The $70s price was 5 years ago and in todays dollars that would be quite the drop. The P/E isn't all that bad (around 30). It also went to $160ish too but I wouldn't expect that again for a long time provided there isn't a catalyst. They have a huge moat and are a cash cow. When in recession those with cash win. Plus, share buybacks would be a thing if the price drops below $100. These are my reasons anyway.

And again who knows at this point. Because I'm an option trader I can mitigate some of the downside here but if I couldn't I would have waited to see how the month plays out. We arent at the bottom yet but I'm terrible at timing those things so here I am

[Plateauplower]

I’m sitting on six figure losses, but still bigger six figure gains. I’ll just keep buying my shares as scheduled through the volatility. That money gambled buying individual shares of companies in this environment would probably be better spent doing what’s been working…

I’m sitting on more actual cash savings than ever before, but the intent there is to purchase real estate for diversification. It’s not time for that just yet, I think the prices are going to drop with Mtg rates, inflation of food, energy, increasing taxes, etc. I’d like to pay cash for either a lake house or recreational acreage.

[bustasinclair]

Can't remember if there are very many with BTC holdings in here. Any thoughts on a potential rebound? I'm obviously just guessing, but I'm not convinced we have hit the bottom yet.

[xTeTe]

Can't remember if there are very many with BTC holdings in here. Any thoughts on a potential rebound? I'm obviously just guessing, but I'm not convinced we have hit the bottom yet.

Still holding all of my crypto. Doing some dollar cost averaging these days as well. I do agree though that we haven't hit the bottom but its always hard to predict where the market is going. That's why I just keep DCA'ing. I did just but another ETH at $1150 though.

We probably won't hit another bull run until 2024.. about the time the next halving event comes along. So you have plenty of time imo.

[induced_drag]

Can't remember if there are very many with BTC holdings in here. Any thoughts on a potential rebound? I'm obviously just guessing, but I'm not convinced we have hit the bottom yet.

Yes and no....maybe

Currently have about 500k that is tied up in this Celsius mess. I have other holding, but I had a significant amount in Celsius. It is my fault. I am guily of being greedy. I knew the risks and didnt think a co with almost 10bil in holdings would be at risk given they weather the 50% drop during covid and other major drops.

I sensed issues, and started the process to withdraw. The security measures in place have a 24 hour hold on removing a withdraw hold then I was in the process of whitelisting a new address. Then Sun night I got a notice they are freezing all withdraws. I was about 6 hours too late to getting my assets out.

20+btc and I have no access to it. I am operating as it I will never get it back. If I do, it will be a bonus. I have had worse happen and this I have never operated as if I needed it. So, just keep going.

I think this will be a good thing. I was getting lazy and feeling like I didnt need to hustle any more. I have been analyzing moves last night. And thinking about the future again.

The timing is so weird. I was set monday to get a new car. They gave it to me for the weekend to decide. A 720s spyder. I had made the decision to buy it. I was going to sign finalize monday. Woke up mon and decided that it might be best to pass on buying it...

Maybe this is a good thing. Simplify my life a little. Maybe even sell huracan and get back in the hustle....

Wont waste time crying about losing. Just have to look forward.

[Mark1T]

Can't remember if there are very many with BTC holdings in here. Any thoughts on a potential rebound? I'm obviously just guessing, but I'm not convinced we have hit the bottom yet.

I do not have money in any crypto. Decentralization was one of factors that made cryptos desirable. But, cryptos like BTC are mainly backed by supply and demand and they have been sold irresponsibly by some as a hedge against inflation. We have seen over the past weeks that a hedge against inflation is not true and very dangerous.

I agree that the bottom has not been reached, but the bottom for crypto is a moot point only because it is a pure gamble, IMO and there will always be extreme volatility in crytpos and it is not for those who are looking for stability or a hedge.

[bustasinclair]

Still holding all of my crypto. Doing some dollar cost averaging these days as well. I do agree though that we haven't hit the bottom but its always hard to predict where the market is going. That's why I just keep DCA'ing. I did just but another ETH at $1150 though.

We probably won't hit another bull run until 2024.. about the time the next halving event comes along. So you have plenty of time imo.

Agreed on the bull run. I was doing DCA on tiny amounts of BTC last month, but I abandoned it just in time. We're only talking hundreds of dollars, not thousands, so it was very small time. My BTC balance is now $42, lol.

Yes and no....maybe

Currently have about 500k that is tied up in this Celsius mess. I have other holding, but I had a significant amount in Celsius. It is my fault. I am guily of being greedy. I knew the risks and didnt think a co with almost 10bil in holdings would be at risk given they weather the 50% drop during covid and other major drops.

I sensed issues, and started the process to withdraw. The security measures in place have a 24 hour hold on removing a withdraw hold then I was in the process of whitelisting a new address. Then Sun night I got a notice they are freezing all withdraws. I was about 6 hours too late to getting my assets out.

20+btc and I have no access to it. I am operating as it I will never get it back. If I do, it will be a bonus. I have had worse happen and this I have never operated as if I needed it. So, just keep going.

I think this will be a good thing. I was getting lazy and feeling like I didnt need to hustle any more. I have been analyzing moves last night. And thinking about the future again.

The timing is so weird. I was set monday to get a new car. They gave it to me for the weekend to decide. A 720s spyder. I had made the decision to buy it. I was going to sign finalize monday. Woke up mon and decided that it might be best to pass on buying it...

Maybe this is a good thing. Simplify my life a little. Maybe even sell huracan and get back in the hustle....

Wont waste time crying about losing. Just have to look forward.

Damn, that's a sweet ride!!!

Sucks about your losses. I'd be in suicide mode, but then again, I've never had wealth, so I really don't know how I would react. Sounds like you have a good handle on things though.

When you say, hustle, what do you mean exactly? Actively trade or take on more work?