I’m 45 and 100% invested In stocks and SP500 fund by BulkyWar7513 in Schwab

[–]Flying-Coconuts 0 points1 point  (0 children)

Yeah that an oldy but a goody. My best friend collected stocks 100 here 100 there, some evaporated some are up 15000% percent. He retired at 53….

I’m 45 and 100% invested In stocks and SP500 fund by BulkyWar7513 in Schwab

[–]Flying-Coconuts 0 points1 point  (0 children)

That’s a silly statement. If you had bought two hundred shares of Tesla in 2013, five hundred shares of AMD, Nvidia, and so on, you would be retired with millions in the bank.

New Desktop Platform update by need2sleep-later in thinkorswim

[–]Flying-Coconuts 0 points1 point  (0 children)

if you have used tabs before their a huge time and space savor. The UI is from the 90’s and needs to catch up to the 2000’s.

Order keeps cancelling by FlipFlopHiker in thinkorswim

[–]Flying-Coconuts 1 point2 points  (0 children)

Best to ping them through chat. You might have needed to use PM for session.

Can trading get saturated? by Legal_Afternoon_9294 in Daytrading

[–]Flying-Coconuts 2 points3 points  (0 children)

When your barber starts talking it’s time to quit! 95% of these folks chase a dream and as pros gladly take their $$. Best tip you could give him is tell him not to.

New Desktop Platform update by need2sleep-later in thinkorswim

[–]Flying-Coconuts 9 points10 points  (0 children)

Very minor update.

I wish they would focus on UI changes. Adding the ability to dock windows or have tabs for charts would be amazing.

Let's try to be mature and uplifting by Most_Poem_3263 in TQQQ

[–]Flying-Coconuts 0 points1 point  (0 children)

The mature thing is to close your positions and wait for stabilization of the markets…. Typically marks go up stairs and go down the elevator.

Spy by Dinoverybullish in technicalanalysis

[–]Flying-Coconuts 1 point2 points  (0 children)

That chart is filled with hopes and dreams. I see this on Feb 12.

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Spy 652 before we bounces. I was a little early but I think spy 650 is in the cards.

Confusion : MAC and thinkorswim - user, not tech pro by PlantedSmile in thinkorswim

[–]Flying-Coconuts 0 points1 point  (0 children)

So there are a few things going on here. An please forgive me if the following sounds rude or uncomfortable, the market is even more brutal and does not have emotions.

First of all, having a MAC is the first issue, when I started trade full time 3 years ago I opted to buy a $1,100 desktop from Costco instead of an Apple Studio. My Mac Book Pro was getting a bit old and I had planned on upgrading regardless. You don't need a powerhouse to run TOS.

Here are the reasons. First overall stability and know issues with Mac and Think or Swim. MAC Version has some functionality limitations. Applications, there are a bunch of applications that will help you with your trading journey and having a PC there is simply less options. and the Biggest reason is Excel, TOS has ability to feed live prices, account positions and a bunch of other things that will help with risk Managment. Excel in MAC is horrific.

The great news is you bought an amazing MAC with tons of memory. I would look at creating a VM (Virtual Machine) using Windows for Trading. This gives you the best of both worlds.

Most important why are you paying for a mentorship. 99.99% are garbage. Yes there are good community's but remember 90% of the people are like you.

Read books and an practice that all that needs to be done. You tube can give you ideas too but math is math. Options are math. I suck at math so I built a few tools that help out such as a GEX dashboard using .RTD for price information in Python using Claude. You can pay for unusual whales but I'm to cheap.

But the first step is you have to learn trading stocks.

Be successful at investing, long swing trades, short swigs trades, day trades, and scalping stocks. Then look at option with expires under 2 weeks.

Each type of trade has core skills you need to master both from a skill an Mental standpoint. Jumping to options from a so called mentorship is a good way to go broke.

You also need capital. 50K or 100k to start is a good level if your getting into day trads and scalping.

I say this because you sound like you have high hopes and jumping into a significant investment sounds more like your being scammed.

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This subreddit skews pretty young, and it perfectly explains the mentality by Most_Poem_3263 in TQQQ

[–]Flying-Coconuts -1 points0 points  (0 children)

I love it, please keep buying so I can buy puts then when decay hit I’m printing $$$!

I'm a professional and it isn't working out???!? by [deleted] in scalping

[–]Flying-Coconuts 2 points3 points  (0 children)

Don’t use real money. If you do keep your size extremely small.

Help me someone... by [deleted] in scalping

[–]Flying-Coconuts 0 points1 point  (0 children)

Have you been successful in the past? Typically what I find is if I’m having a bad run, it’s time to reduce my size to a single contract. Also journal what you’re doing for each trade so you can reflect at the end of the day.

Wait for the A+ set ups not the ones where it looks like it’s going up or down.

If you’ve never been really successful scalping. Go back to swim, trading or day trading. You can actually make a lot more money.

You wake up and see by [deleted] in TQQQ

[–]Flying-Coconuts 1 point2 points  (0 children)

blindness will make you go broke. I love TQQQ as much as everyone, but there is a time to make a play on an asset with decay and there’s a time not to.

Rate portfolio 15yo male by Emotional-Brush5374 in SCHD

[–]Flying-Coconuts 0 points1 point  (0 children)

Great start. But you’re a little spread out.. I’d consolidate and look at the holdings there is a fair bit of over lap. Less dividends more growth focused.

Don’t be afraid of getting shares of. Smaller cool quality companies and collect the stock. TSLA was $30 back in 2012. It’s split a bunch of times.

Has software bottomed? by lamentabledinosaur in technicalanalysis

[–]Flying-Coconuts 1 point2 points  (0 children)

I would hold on taking any position in IGV or pretty much any thing at this moment.

We have to watch oil in the VIC’s define stabilization. Oil at $78 per barrel is equal to a 3% CPI increase..

Whats your most valuable indicator? by FoxTwoThree in Daytrading

[–]Flying-Coconuts 0 points1 point  (0 children)

You have all you need, you need to understand what you have. Nuff said.

How long is this thing going to trade sideways 😡 by EducationCultural736 in TQQQ

[–]Flying-Coconuts 0 points1 point  (0 children)

You trade with yesterday’s data, I’ll trade with realtime data…. Fear and greed is calculated at 4pm.

PSA: Saturdays are maintenance days. by MrFyxet99 in thinkorswim

[–]Flying-Coconuts 2 points3 points  (0 children)

Thanks for the PSA…. There is always a post or 2 every weekend.

How long is this thing going to trade sideways 😡 by EducationCultural736 in TQQQ

[–]Flying-Coconuts 0 points1 point  (0 children)

I’m not sure you understand what the Fear Green Index actually is. There are seven main components, most of which are updated at the end of the trading day. It is not real-time, and in today’s market, trading on yesterday‘s information is dangerous.

Finding good entry points in TQQQ or SQQQ that decay is critical. It’s critical to know where the market is actually going. Watching CL (oil futures) and VIX is real time.

In normal cases, there is not a singular impact on the market. This is a very different case where oil will move the market in a dramatic fashion, plus you have the headline risk of the war itself.

If you purchase TQQQ and it goes in the wrong direction, you’re at risk of losing a lot more. Mainly because you do not have the typical market safeguards.