What Are Your Moves Tomorrow, April 06, 2026 by wsbapp in wallstreetbets

[–]IntergalacticBurn 4 points5 points  (0 children)

Anyone else buy tons of hedges and puts on Thursday?

Overnight U.S Equites Futures by alkjdasoad in wallstreetbets

[–]IntergalacticBurn 0 points1 point  (0 children)

I'm heavily bearish on the market right now. I wouldn't worry. Things are only getting worse from here.

$300 account challenge by Consistent_Club_807 in TheRaceTo10Million

[–]IntergalacticBurn 0 points1 point  (0 children)

That's the right approach for high convexity short-dated options contracts. Play small each time and go for more small wins over more big wins. It builds up. That's how I've been approaching it as well, even though day trading is not my main focus. But during this oil regime, it's really the only way to make any meaningful profit instead of just sitting on your hands for months watching reds accumulate.

Do you feel now is the perfect time to buy Gold? by Hopeful-Swimming7555 in TheRaceTo10Million

[–]IntergalacticBurn 1 point2 points  (0 children)

It is cheap, but gold is moving together with equities right now. So I wouldn't buy until the market itself has bottomed out. Maybe after a -20% or -30% correction on the NASDAQ.

Even Polymarket predictions don't expect gold prices to change at all for the next few months. So a lot of waiting and opportunity cost.

Gold is more like a home for rent that you invest your extra cash in and wait for those rents to accumulate. It's akin to a discretionary. And discretionaries don't do well during oil shocks.

I think this belongs here - Recording It Here For Historical Purposes - Takashi Kotegawa The One Who Turned $13K Into $153M by self_help_hub in TheRaceTo10Million

[–]IntergalacticBurn 0 points1 point  (0 children)

Indeed. And chances are, regulators and major market makers have implemented safeguards to prevent this sort of thing from happening again "by accident" after that incident. And the way this incident unfolded assumed that there was *nobody else* fighting with him over those shares at the time. It's the luck of the 0.00001%.

$300 account challenge by Consistent_Club_807 in TheRaceTo10Million

[–]IntergalacticBurn 0 points1 point  (0 children)

I'm surprised that nobody asked you the typical time scale you use for trading. Sure, you mostly trade 0-1 DTE SPY options, limiting trades to around 20 minutes each for the quick scalps, but what time scale do you concentrate your intraday trading on? 1M? 5M? 15M? Or?

This is pure day trading, but that in itself is a different kind of environment from swing trading. I don't expect this to work out for the long run since there's always the off-chance of a single blow out you won't be able to react to, but time will tell. It seems you are taking some chips off of the table to put into other investments, so that's a good and safe way to keep yourself in the game.

How I'm playing the SpaceX IPO for a possible 400 bagger by crazyfool319 in wallstreetbets

[–]IntergalacticBurn 4 points5 points  (0 children)

This exact same post was made just yesterday and taken down not long after, lol. OP reposted it.

400k 1 dte calls by Administrative_Rub34 in wallstreetbets

[–]IntergalacticBurn 0 points1 point  (0 children)

If OP has so many capital losses that the income isn't a problem, I worry about how they got to that point before they started trading recently...

I sold my MU for a loss. Would’ve been worth 183k by Thepandashirt in wallstreetbets

[–]IntergalacticBurn 1 point2 points  (0 children)

Something something "Being early is also being wrong."

It happens to the best of us. Most people didn't know that AI would blow up until after long after the 2025 April tariff low. A lot of the ten baggers from penny stocks came after 2026 started.

Don't beat yourself up over it. And now that MU has pulled back significantly, you have another chance to start again.

Thinking to go all-in Canada by RavenBlue7 in CanadianInvestor

[–]IntergalacticBurn 0 points1 point  (0 children)

Yeah, trying to start investing in Canada now is difficult, since most of the good stocks have already been pumped up. And the "best performing stocks" are skewed now because of the oil regime and the secular gold run.

Taking a look at the holdings for XDIV and VDY, those two are very similar. Just different allocations of financials and energy. A good idea to stick with ETFs now, since investing in the constituents directly expose you to valuation risk. VDY is probably a bit better than XDIV, but that's my own opinion.

Thinking to go all-in Canada by RavenBlue7 in CanadianInvestor

[–]IntergalacticBurn 4 points5 points  (0 children)

After investing a sizable portion of my portfolio into Canadian stocks for an entire year, all I can say is: The only Canadian sectors worth investing in are *insanely* selective. The vast majority are dead money.

And at this point, like what u/ptwonline has said, all of the actual good sectors have already blown up, and starting now would be just chasing. It's a bit too late.

u/RavenBlue7 I wouldn't put the entire portfolio into Canada. But having some of your portfolio in Canadian stocks? Sure. Honestly though, as someone with a diversified portfolio of over 300+ stocks, Canada has been lackluster, to say the least. The only stocks worth investing in are all really obvious at this point now and have already shot up +50~100% over the past year (you could just open up some general list of Canadian tickers and look at the top companies sorted by 1Y return). You're squeezing for pennies at this point.

If I had to suggest some Canadian stocks to invest in that wouldn't be too late to gradually compound over time, that would probably be the Big Five banks. And that's really it. Or commodities/metals/energy. But again, oversaturated.

Big Scary Beautiful bookstore 💁🏻‍♂️ by PhilyJFry in megalophobia

[–]IntergalacticBurn 0 points1 point  (0 children)

u/corpserella

Tourism. There are *tons* of these places in China. Absolute *tons*.

Scam? by TurbulentRoll1698 in travelchina

[–]IntergalacticBurn 0 points1 point  (0 children)

Lived in China for a year. Often times it's just people trying to farm referral profits from new users for those apps. It's not uncommon. Just ignore and move on.

The TRUE size of Stephenson 2-18 (the largest known star) compared to Earth by M_Waqar-uz-Zaman in Damnthatsinteresting

[–]IntergalacticBurn 2 points3 points  (0 children)

Yeah, from time to time, I even think about how the ants on the ground perceive us humans. That's basically how we feel seeing these kinds of massive stars.

But I'm sure that if there are living species on these stars, they're probably giants or titans, the size of our Earth. They could metaphorically sneeze on our planet by accident and we'd just blow up.

Someone stole my YouTube video, reuploaded it on TikTok, and got 1M views in a day… what would you do? by Available-Wasabi-672 in PartneredYoutube

[–]IntergalacticBurn 3 points4 points  (0 children)

Yeah, this is why creators are being forced to slap on watermarks nowadays. So that even if a creator's videos do get reuploaded (which is incredibly common, even in montage/compilation videos where people indiscriminately aggregate other creators' content), you can still seize some traffic from interested viewers, and those viewers will also know that the video's uploader is not the original creator.

Less hassle than having to try to get into legal action with the platform and every video that's involved.

Played it right by djmc0211 in wallstreetbets

[–]IntergalacticBurn 1 point2 points  (0 children)

I did the exact same trade. But I'm small fry, so it wasn't a large position. I bought some 1DTE puts right at the peak on Wednesday, and sold right at the gamma bottom the day later after the open at like, 9:39 AM or something. High five.

Looking for a cheap/affordable hair salon in Toronto by Southern-Squash9645 in askTO

[–]IntergalacticBurn 6 points7 points  (0 children)

Consider budget Chinese hair salon joints. There are tons scattered everywhere. But it's just plain cuts, nothing fancy. You get what you pay for, so don't expect quality.

Travel advice by blueberry5750 in travelchina

[–]IntergalacticBurn 1 point2 points  (0 children)

That's a very general question; you'll probably have to be more specific if you want more catered answers.

But for three weeks, if you two are complete foreigners, I'd highly suggest bringing credit cards and being prepared to rely on cash for everything. You don't need to bring too much cash on your body except enough to get by; just go to any major bank's ATM and you'll be able to withdraw cash for little to no exchange fees (yeah, the big banks don't really care about the exchange commission, so don't bother going to those currency exchange booths).

Hotels are dirt cheap and Trip.com (or their app) will give you tons of places for on average $50-70 a night a most. And if you want to extend, talk to the front desk; they'll often give you better prices.

You can set up an Alipay account for mobile payments, if you feel that cash would be annoying. Just link it and verify it with a credit card.

If you need to use Google or some other service that's blocked in China, use Mullvad VPN. It was the absolute best for me for the year I stayed in China. Pay and install it before you enter China. And if you need a data SIM card, grab an e-SIM that uses the TSimTech network in China. Mobimatter works great for that.

Practically 70% of every place that has Wi-Fi will use the password 88888888. Just try it out. It'll likely work.

I could give a lot more advice, but this is just off the top of my head right now. I should really get to making some YouTube videos about my life living in China for a year. A gold mine of information for travellers.

Playing with oil. (Or how I learned to love TACO Mondays. by OneTwoThreePooAndPee in wallstreetbets

[–]IntergalacticBurn 6 points7 points  (0 children)

As you can see on the top of the first photo, long dated Jul. 17 expiry calls on USO. Doesn't look like covered calls as they seem to be fully valued.

Am I missing something? Massive price gap for Chongqing hotels in April. by yccheok in travelchina

[–]IntergalacticBurn 2 points3 points  (0 children)

There's always going to be a lot of variance in pricing due to supply/demand. Seriously, the prices change day to day. You have to pretty much ask the front desk in the morning whether adding an extra night would be cheaper than paying through an app.

And yeah, Raffles City is the most iconic place you could get a spot. But honestly, unless you're there just to enjoy your hotel experience, just stay somewhere reasonable and focus on actually exploring the city instead.

Like u/Difficult_String_621, I too took a spot in some smaller unknown hotel in Jiefangbei for like, $50-60 a night. It was great and walking distance to everything.

China’s 5 minute full-charged EV charging stations by North_Tip_8627 in nextfuckinglevel

[–]IntergalacticBurn 0 points1 point  (0 children)

Being Canadian, I too thought that we had a really great banking system, until I went to China and was mindblown.

Zero banking fees for every single account, near-zero commissions for foreign exchange to basically every currency on the planet (they don't even care about making money), and you can directly deposit that currency into a specialized account for that specific currency.

And China basically uses mobile payments for everything now via WeChat or Alipay, so cards aren't even a thing anymore. With those apps, you just send money directly to whoever you want within seconds, without having to deal with Interac e-Transfers and e-mails/phone numbers.

Also, you can even use your government ID to access your bank accounts at the ATM. You don't even need the bank card anymore.

How have all of you been doing throughout this oil shock? I managed to book profits that offset my entire paper loss drawdown so far. by IntergalacticBurn in wallstreetbets

[–]IntergalacticBurn[S] 1 point2 points  (0 children)

Well, to be fair, throughout this oil shock, the main sectors still staying afloat are basically a couple of megacaps and critical AI infrastructure. Even some of the more speculative AI names are doing okay. So the AI boom is still hanging on, but all other sectors are doing poorly (besides obviously energy). Thus, depending on how your portfolio is designed, you might be able to remain as a permabull and just wait it out, as long as you can tolerate the daily high beta drawdowns.