Boiler Room: The Official Stock Market Discussion

[phcitywarrior]

I think we will have a recession confirmed on the 29th. His video is lame because everyone knows it. Freezing up the amount of money in the system to reduce inflation is the Fed's clear play here

Yep, last qtr was negative growth and this one will likely be as well.

It’s funny because all the Big banks economist are saying the recession isn’t til 2023 or even early 2024.

Fed saying they don’t see a recession in the short term (I mean they would never say they see one coming tbh).

 

[Rickdogg44]

I REALLY need to learn how to trade in a bear market, have been buy and hold and LEAPS focused until this point. Any resources you highly recommend?

You can buy tickers that go up when market is down. Some are leveraged etfs.

Buying puts make you money too. I don't recommend options unless you understand it tho

Edit: inverse tickers that do opposite of spy, qqq, iwm, etc

 

[Rickdogg44]

shyt like this makes me want to go teach basic finance in high school. They didn't offer that in high school in late 90s.

Maybe they do now

 

[CrimsonTider]

shyt like this makes me want to go teach basic finance in high school. They didn't offer that in high school in late 90s.

Maybe they do now

No one is going to pay attention

 

[humminbird]

I bought some amazon yesterday

 

[BlaxOps]

Option chains all messed up. Missing out on some of good plays.

 

[bnew]

 

[bnew]

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[Rickdogg44]

Option chains all messed up. Missing out on some of good plays.

How they messed up? Vix u so it'll be more expensive

 

[null]

.

I REALLY need to learn how to trade in a bear market, have been buy and hold and LEAPS focused until this point. Any resources you highly recommend?

dangerous stuff.
you can trade bear spreads to gain from downward movement.
you can sell options for stock than you already hold to gain rent. sell in the direction that it is less likely to go. so call options on the upside in a falling market.
optionectics used to have courses.
dangerous stuff so never sell a naked unhedged option.
practice on a dummy account.
khan academy

 

[winb83]

Markets closed Monday

 

[Rickdogg44]

So risk off day today? Shorts covering?

 

[Serious]

 

[BlaxOps]

How they messed up? Vix u so it'll be more expensive

Traders Report Problems With Options Bid-Ask Spread Friday: What You Need To Know - Cboe Global Markets (BATS:CBOE)

Traders looking to trade options on Friday were met with surprise issues Friday. What Happened: A system issue from the Cboe (BATS: CBOE) was causing issues for stock trading platforms Friday.

www.benzinga.com

 

[Insensitive]

Any moron who took this advice deserves the hell coming their way.

I have a coworker who's a bitcoin evangelist. Guy swears by it.
And instead of seeing bitcoin's volatility as a negative, he continues to invest in it. Foolish with a capital F.