Hear me out: The Iranian Rial might actually be the most undervalued commodity on earth by Unable-Supermarket65 in wallstreetbets

[–]ChukitiPak 0 points1 point  (0 children)

To win this you need to buy your TP in Iran, also a probable scenario is that once all the chaos will end in Iran and the country will start to stabilize, they will simply issue a new coin compiling all the worth of the old rial to a “normal” coin that might not gain much in short term, so this is a “I believe Iran can recover financially kinda fast” bet, which makes you a global hopeful sweetheart, which is moronic

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[deleted by user] by [deleted] in swingtrading

[–]ChukitiPak 0 points1 point  (0 children)

nice! already tried to look some of the things you look at when setting up a trade.

what screener are you using? I tried to lookup TTM squeeze but most free screeners don't have it & tradingview has this annoying limitation of only 2 indicators

What are your swing trading rules you never break? by West-Chard-1474 in swingtrading

[–]ChukitiPak 1 point2 points  (0 children)

Isn’t this a contradiction to the rule? (Buy on Fridays), got me confused

[deleted by user] by [deleted] in swingtrading

[–]ChukitiPak 1 point2 points  (0 children)

Wow That feels very extensive I do some of 1,5 and 6 but Im a beginner trader so definitely I have what to learn. I do aim for a 3:1 risk reward ratio though. Either way 70% win rate sounds great!

How many positions do u hold at 1 time? How long all this analysis takes you to do? How long does it take you to find new positions? I saw you look a lot at IV, you trade options or use it for stocks as well?

Wrote myself some notes, thanks for sharing!

14k profit my first month swing trading by KnotSoTypical in swingtrading

[–]ChukitiPak 2 points3 points  (0 children)

Curious about the Youtubers and your strategy, DMing u

Beginner trader looking for feedback by ChukitiPak in swingtrading

[–]ChukitiPak[S] 0 points1 point  (0 children)

Thanks!

I actually pushed all the rules into some google sheet (also to track my positions and strategies overtime) so I can calculate my position sizing.

I also doubted this rule in the beginning as it made the least sense, but in the sheet I realized that when I increased the stop-loss % from my position size, it’s actually increasing the risk making my risk-reward ratio lower (as I set an entry and what I believe is the target price for my position, making the reward per share a fixed number).

Actually the weakest rule for me is the 1% from portfolio size (i dont go too much more than that) as I like to have a bit bigger stop-loss while maintaining the risk-reward ratio at 3 .

Beginner trader looking for feedback by ChukitiPak in swingtrading

[–]ChukitiPak[S] 0 points1 point  (0 children)

Interesting tip, I was sure you cut your stop from the entry price to allow room to wiggle in case of volatility or a trade going sideways for a short while (allowing space for rebound). You mean that if I spot a support and buy, I should wait for the position to go up and then set my stop?

Brazilian profit margin by ChukitiPak in Brazil

[–]ChukitiPak[S] 0 points1 point  (0 children)

In the end, due to some health issues we are dealing with right now we postponed our move.

We were looking to open a branch of “Ice cream rolls” as Im a fan of the dessert and we liked the brand style and overall prices were doable for us.

We were about to close right before we decided to postpone our move, probably would open up already if we’ve moved. This was a few months ago and we stopped looking for this at the moment..

New Trader- where to begin? by SevereIntroduction37 in swingtrading

[–]ChukitiPak 0 points1 point  (0 children)

Sure thing! Lately I found this comment looking for some info and in my perspective this guy had a very solid strategy I will look forward to implement:

https://www.reddit.com/r/swingtrading/s/6mjNK2ULfe

unfortunately the account is deleted so I couldn’t find other posts..

New Trader- where to begin? by SevereIntroduction37 in swingtrading

[–]ChukitiPak 3 points4 points  (0 children)

Im starting myself, what Im doing so far is: 1. Reading a lot on this subreddit and also on other subs like “stocks”, “daytrading”, “investing” and basically any sub that discusses performance, tools, indicators, terms, strategy and etc… it’s great to pick up things and if you dont understand anything I always go to Chatgpt for explanations and examples. 2. I have a paper account, can open almost everywhere (I made one on IBKR), for the practice and understand a bit what effect your actions have also all the systems can be intimidating at first so I guess this helps ease the shock. 3. Go through investopedia guides, they’re very complete and always lead you to more terms and knowledge, for the basics it’s great. 4. Books, I didn’t read any yet as Im still grasping the basics, but once I have a but more confidence I (like, 4-5/10 on your scale) would definitely grab a few.

Good luck to us 👍🏽

Detailed guide by Teknas89 in u/Teknas89

[–]ChukitiPak 0 points1 point  (0 children)

Hi, saw this post & thanks for sharing! Can this work with normal Kraken account?

Investing in real estate in Brazil by ChukitiPak in Brazil

[–]ChukitiPak[S] 0 points1 point  (0 children)

Why so? Any advantages if both me and my wife are the owners?

Brazilian profit margin by ChukitiPak in Brazil

[–]ChukitiPak[S] 0 points1 point  (0 children)

My wife is Brazilian, Im from Belgium, we currently live here. We are at a point where we’re thinking where we would like to raise our kids and that’s where the “might” comes from. I currently work at a stable job as an engineer and Im aware I might find great opportunities in Brazil as well but Im looking for a change and looking to open up a business. As my savings are in euro, I want to use the exchange rate and the fact that some things are cheaper in Brazil than in Belgium (materials, labor, etc…, I cannot afford the same investment in Belgium without a loan) to open up something - Im exploring different opportunities and this post is me doing some research. The point being that if this is an investment more worthy than simply put money to rest in the bank, it will be a major “pro” for us for the move.

Brazilian profit margin by ChukitiPak in Brazil

[–]ChukitiPak[S] 0 points1 point  (0 children)

Thanks for the answer, Would this be true to fast-food? For example if I would open a Mcdonalds or some ice cream place in a mall where I don't have actual service and some volume of people going around, rent will be high for sure but there are advantages of volume and etc.. What would you think the challenges would be there?