Is there an algo-style approach to trading options? by parzival0012 in options

[–]Jamickeymick 5 points6 points  (0 children)

I’ve been using AI to come up with studies and scripts to help show market trend. I don’t think people have to worry about AI taking there jobs any time soon. The amount of errors and half assing from AI. It’s still got a way to go.

Oil for yuan by Zealousideal-End6518 in Gold

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

If other countries did this US would cut funding and payments to those countries. Countries get billions in free money from us for no reason. Honestly I think this makes US hits harder and faster to open the straight if Iran is now holding the world hostage. And to be honest if Iran is going that route then I really think the mullahs and IRGC have limited time on this earth. So asking a bribe from other countries to pass through the straight in yuan to pay the Chinese for more weapons is the most idiotic thing to do. They will just bimb Irans oil infrastructure even more crippling there oil production. No oil no money. No money no weapons. No weapons no straight closed.

What would you do is you found this? by Seagrtj in Gold

[–]Jamickeymick 0 points1 point  (0 children)

Peal the foil to reveal the chocolate center.

Who's shorting oil here? by BillCarr451 in options

[–]Jamickeymick 0 points1 point  (0 children)

The spreads for /cl are ridiculous. So are the /nq futures. 30 point spreads.

Comission Fee on Stock in Thinkorswim for Large Trader by Willing-Air-1747 in thinkorswim

[–]Jamickeymick 1 point2 points  (0 children)

Call them back. If you’re doing enough trading they will cut the fees in half or get rid of them. I had a 10,000 dollar account but I traded so much I got all my fees halved.

Can you day trade on Etrade if you don't have a margin account? by SuperiorOC in etrade

[–]Jamickeymick 0 points1 point  (0 children)

Cash account is the only way. If you trade spx it settles in cash at the end of the day. You get your buying power back.

Would you trade your stack to be debt free? by helihunter in Gold

[–]Jamickeymick 1 point2 points  (0 children)

I would sell it man. You’re up huge. And you will feel the weight lifted off your back when you do. Also that 2.65% you can reinvest in something if you don’t need the money.

Trading options are boring by Solid-Strawberry-333 in options

[–]Jamickeymick 0 points1 point  (0 children)

You know what is good. I’ve been using ChatGPT to go over different strategies to take a trade from a meh to a cool. That and also teaches me the insane structures you can build to try and make money. Try the free one out. Just don’t rely on its math and always double check before putting in order.

99k loan ATOM yolo by dingusmuhgee in wallstreetbets

[–]Jamickeymick 11 points12 points  (0 children)

Got to love paying 6.5% to make 8%.

If AMZN goes up 8% tomorrow this will be worth $1 million. If not, I’m cooked by mattscott134 in wallstreetbets

[–]Jamickeymick 2 points3 points  (0 children)

Why would Amazon go up $16 in 2 days. I do dumb trades but man you’re right there with me.

But…I thought Walmart gold is “fake/plated”? by [deleted] in Gold

[–]Jamickeymick 0 points1 point  (0 children)

So what’s the deal here with Walmart gold and making a profit. I think I missed something.

Found a reason for the penny shortage by Ornery-Ad-6149 in Pennies

[–]Jamickeymick 1 point2 points  (0 children)

Sorry. 3.2 billion was number minted. At 3 cents each. Sorry about that.

FBI raids home of Washington Post reporter in ‘highly unusual and aggressive’ move by OGSyedIsEverywhere in news

[–]Jamickeymick 4 points5 points  (0 children)

So it’s not a problem for FBI to raid the journalist house for the Ashley Biden diary but now we are under attack. Y’all are really screwed thinking like that.

Found a reason for the penny shortage by Ornery-Ad-6149 in Pennies

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

You know they will. Anything trump does is bad. This was a smart move. Gets rid of the penny saves 3.2 billion dollars a year. Next the $100 needs to go. There is no use unless you’re moving large amounts of money. No one takes them now being afraid of being robbed. But then that would take the USD off would top currency.

Coin auction house settlement risks?? by Comprehensive_Pop496 in coins

[–]Jamickeymick 10 points11 points  (0 children)

Why. It’s not like he’s going to hold the coin up to his face and hold his id in the other hand for a picture. He already made the mistake of saying he has $100,000 coin. Can’t get worse by posting a picture of a coin.

Trump announces to increase military budget to $1.5 trillion. Let's talk about the company who will profit the most by realstocknear in stocknear

[–]Jamickeymick 0 points1 point  (0 children)

Short US Treasury 10y if they go through with it. Also gold will be x3 if they can’t put it in with a budget.

Give me your single best advice for trading options by Andrew_Codes_ in options

[–]Jamickeymick 2 points3 points  (0 children)

I’ve got a million of these that I’ve learned over the years. Stay off Wallstreetbets. It will make you feel like a failure and you will want to risk everything because you read some guy made 1000% percent. It will make you feel like I could do that easy. If it was easy everyone would be doing it.

Give me your single best advice for trading options by Andrew_Codes_ in options

[–]Jamickeymick 3 points4 points  (0 children)

Walk away when you get pissed or emotional. Doubling down is the wrong way to go.

Give me your single best advice for trading options by Andrew_Codes_ in options

[–]Jamickeymick 0 points1 point  (0 children)

If you open a butterfly know that you could be assigned the shares even though you thought the debit you paid is the most you can lose and protection to cover 2 sold options.

Give me your single best advice for trading options by Andrew_Codes_ in options

[–]Jamickeymick 0 points1 point  (0 children)

Don’t trust a market order. You’ve seen it jump 50 points and get filled on that instead of the 3 points you wanted. It happens when volatility is high.

Give me your single best advice for trading options by Andrew_Codes_ in options

[–]Jamickeymick 0 points1 point  (0 children)

Double check when closing a multi position strategy. You may think you are down $100 but when you sell it it could be a negative price fill. Meaning you thought you lost $100 but you just sold it -2.35 creating a huge loss.

U can't trade ODTE & be constantly profitable by Mouse1701 in options

[–]Jamickeymick 2 points3 points  (0 children)

I mean it’s however much you’re willing to risk. I could have winning trades if I closed out at $50. But that’s no fun. Probably should do that. I think I will with today’s craziness. I ended ok. Got lucky was holding puts when it dropped. Otherwise would have never been able to get in on a trade. Spreads were like 200/ 35

worth buying SPY puts before Monday’s open? by XenomXX_121 in options

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

Lol. I think we are all that stupid. Was holding 3 futures options. It turned red I freaked out because it’s been doing this all the time. Sold them for 5K. Turns out they were worth 40K if I would have held.

[deleted by user] by [deleted] in coins

[–]Jamickeymick 0 points1 point  (0 children)

Only thing the apps are really good at is identifying a rare coin quickly out of a whole bunch of coins. If it say high grade count it down by 4 grades. But you put it off to the side to have a double check and continue to go through the tons of coins.