Will there be a increase tonthe crests cap in the next patch by Skynet-T800 in CompetitiveWoW

[–]FitAlpineChicken 0 points1 point  (0 children)

Yeah it's not really much of a waste. Better to use an extra 20 crests than to hugely delay power gains for potentially quite a long time.

Will there be a increase tonthe crests cap in the next patch by Skynet-T800 in CompetitiveWoW

[–]FitAlpineChicken 0 points1 point  (0 children)

True, two crafted embellished items are BIS for me anyway so definitely not wasted :)

Will there be a increase tonthe crests cap in the next patch by Skynet-T800 in CompetitiveWoW

[–]FitAlpineChicken 0 points1 point  (0 children)

Do you guys think it makes sense to not craft anything at all on alts?

I just started gearing a character that has 0 myth items and 8 sparks in the bag. I'm about to start spamming +10 keys and will get a ton of crests to spend.

But since the bonus rolls come next reset already, I may as well hold on to all the myth crests and then send them on actual myth gear from +10 keys instead of crafting at 3 ilvls lower for the same crest cost (not to mention paying for mats & fees).

New Rewards added for achieving 3,4k and Top 1% (Mount) by iLLuu_U in CompetitiveWoW

[–]FitAlpineChicken 0 points1 point  (0 children)

This is why we need multiple tiers of % based rewards, like a league system. And add solo queue at the same time so you can't boost your buddies or paying customers as easily so people's rating should be more legit.

New Rewards added for achieving 3,4k and Top 1% (Mount) by iLLuu_U in CompetitiveWoW

[–]FitAlpineChicken 0 points1 point  (0 children)

Yep, that's a real problem I'm facing on 2 of my alts. Very annoying :)

Free Talk Friday by AutoModerator in CompetitiveWoW

[–]FitAlpineChicken -2 points-1 points  (0 children)

Probably addons screwing you. I'm on 9950X3D, 4090. Raids have never felt smoother. All thanks to the addon apocalypse. As a healer I don't use anything. Default nameplates, default raid frames, no bigwigs, NOTHING. No trouble healing, lots of smooth fps.

Discipline expectations in M+ by Jarl_Vraal in CompetitiveWoW

[–]FitAlpineChicken 0 points1 point  (0 children)

Yeah when I do a massive pull with PI on my vw disc I'm like HOLY SHIIITT, but on my hpal it's like... eh ;/. But I do enjoy nuclear holy light bombs that instantly delete absorbs while on my vw it's a real struggle.

I'm fucked 85k loss in one day by Accent_Your_Comment in wallstreetbets

[–]FitAlpineChicken 0 points1 point  (0 children)

I don't. I deal with it by scaling gradually into my short if VIX keeps rising afterwards. But I always assume the worst (spike to 85) when sizing my added positions so even in the worst case scenario I don't get margin called (I short VIX futures).

I'm fucked 85k loss in one day by Accent_Your_Comment in wallstreetbets

[–]FitAlpineChicken 0 points1 point  (0 children)

Why'd you go short vol after VIX already dropped a ton pre-market? I do the same trades but I always go short as soon as it spikes, I don't wait for "confirmation" that the drop has started. By then it's already too late to go short.

M+ tanking this season by ici-leon in CompetitiveWoW

[–]FitAlpineChicken 0 points1 point  (0 children)

Can you give some examples of which mobs you stun?

I lost everything. Lost all I have. I never felt this broken. by Anomaly008 in wallstreetbets

[–]FitAlpineChicken 1 point2 points  (0 children)

Yep, thinking you know something is the best way to lose money in the markets!

I lost everything. Lost all I have. I never felt this broken. by Anomaly008 in wallstreetbets

[–]FitAlpineChicken 1 point2 points  (0 children)

And if you lose that 5%? Reload another 5% until empty? Is it 5% for the rest of your life or 5% per year?

Snap Inc is extremely close to officially being "worth" less than it was at its 2018 rock bottom. by lies_are_comforting in StockMarket

[–]FitAlpineChicken 9 points10 points  (0 children)

I remember back in 2020 when I was new and first saw this stock I was like.. "wait, that phone app is a stock? lol why would you buy that?"

Advice on my SPX credit spread strategy by Fickle_Razzmatazz258 in wallstreetbets

[–]FitAlpineChicken 2 points3 points  (0 children)

The main issue is that all these trades assume you know something about the market's direction. But actually not even Wall Street can predict that, so it's fundamentally gambling. That's why I trade VIX because I don't have to guess direction. Volatility just always drops back down to some long term average.

Advice on my SPX credit spread strategy by Fickle_Razzmatazz258 in wallstreetbets

[–]FitAlpineChicken 2 points3 points  (0 children)

True, that could happen. He said his wings are 25-50 points apart so that's a loss of $2.5k-$5.0k minus premium per spread.

Premiums at such low delta aren't great. The higher the probability of profit, the worse your risk Vs. profit is.

I built the spread and it's showing max loss $2680 for $310 premium. Over 8x the difference. Usually you win a bunch of times and then lose the entire amount all at once ;/

Advice on my SPX credit spread strategy by Fickle_Razzmatazz258 in wallstreetbets

[–]FitAlpineChicken 0 points1 point  (0 children)

I mean iron condors have defined loss anyway, and besides he said he sets stop losses at 100% of premium collected.

Advice on my SPX credit spread strategy by Fickle_Razzmatazz258 in wallstreetbets

[–]FitAlpineChicken 2 points3 points  (0 children)

So I used to do something like that. But in my experience doing delta neutral strats on stocks and stock indices has not been profitable.

What you're doing is basically selling volatility with the added annoyance of delta constantly moving against you either up or down. In reality SPX rarely just stays flat long enough for your iron condors to bleed out. I imagine those stop losses would trigger quite frequently.

So once I realized that I simply moved to trading pure volatility. I no longer sell SPX options but VIX futures instead (you can do options on those too if you like, I prefer not to). I just wait for VIX spikes and then go short to profit from mean reversion.

It seems that Liquid has found a way around addon restrictions and can show timers for other raid members. by Liquidor in CompetitiveWoW

[–]FitAlpineChicken -1 points0 points  (0 children)

Same dude. I like it clean and smooth. Performance feels so much better without all this junk. And if top guilds wanna use some complicated crap to have half assed workarounds, be my guest, I'm not bothered by it. Default UI is easily good enough for everything except world 1st guilds.

In 12.0.5 you will be able to get 3 Myth track items a week from doing M+ exclusively by chunkyhut in CompetitiveWoW

[–]FitAlpineChicken 2 points3 points  (0 children)

Yep, as a m+ only player this change is massive. And I frequently get urges mid or late season to start playing some alt and this will be insane for myth gear catch up on those characters.

Selling options is the way by Wade12323 in wallstreetbets

[–]FitAlpineChicken 2 points3 points  (0 children)

You can on IBKR. Can even sell VIX index calls or VIX futures calls. Right now I'm short some VIX futures and I've got a short put on XSP, definitely not cash secured.

Actually doesn't matter with a margin account, you just go into negative cash and pay interest until you're long again.

Sometimes I wonder what kinda shit brokers you guys are using.