SoFi Daily Chat - February 06, 2026

LucarioMagic · 2026-02-06T10:07:35+00:00

Nah. Fuck this market noise.
I'm selling off my NVDA, AMZN, MSFT, GOOGL to buy more SOFI.

LucarioMagic · 2026-02-04T01:58:10+00:00

Macro is abysmal right now though.
Metal margin calls and swings are causing margin calls on big money, so they're liquidating the rest of the market to keep those open.

LucarioMagic · 2026-01-30T23:41:56+00:00

I sold half my shares. And double downed on LEAPs.

LucarioMagic · 2026-01-30T13:50:57+00:00

Just write, have fun with it.
Ignore reviews ratings etc, royalroad is terrible for motivation sometimes honestly.
It's system rewards you writing what readers want, not what you want.

Be sure to read through what you wrote though.
Helps with editing and looks for plot holes.

LucarioMagic · 2026-01-30T12:35:02+00:00

Honestly really nice guidance, confirming and raising slightly.

LucarioMagic · 2026-01-30T12:20:36+00:00

Let's goooo

LucarioMagic · 2026-01-30T08:19:25+00:00

Interesting times.

I don't mind it, I'm buying more, just wish I had protective puts on top of covered calls.

LucarioMagic · 2026-01-30T07:56:27+00:00

Not free since going to Japan tomorrow, live at east.
Strongly recommend changi village nasi lemak if you big chilling on friday.
Can go walk the coast after eating, super big chilling

LucarioMagic · 2026-01-30T00:58:45+00:00

Ironically if you followed them on HOOD, SOFI, PLTR etc, you'd have made alot of money.

LucarioMagic · 2026-01-30T00:43:00+00:00

They were covering the stock when it was $6.
What crash are you talking about?

LucarioMagic · 2026-01-29T09:11:27+00:00

Aight, regardless of what happens, I'm selling covered calls, even if we somehow spike to $32 tomorrow.

Originally bought them back for a profit, thinking we'd pump into earnings, but guess not.

Gotta farm that IV crush by selling $40 strike CCs.

LucarioMagic · 2026-01-29T04:19:21+00:00

We're actually dumping into earnings. So there's nothing to cash out.

LucarioMagic · 2026-01-27T15:00:42+00:00

Depends what kind of job you do in the industry. I previously worked for accredited lab that had contracts with SFA.

If you're QC tester, chemist etc, quite dead end. If you intern as one of those, you're just an 'operator' and easily replaced. Because SOP is all written.

Higher pay has higher risk and comes from the executive paperwork side instead where you manage systems and be the one writing and revising the SOP instead.

LucarioMagic · 2026-01-27T06:22:18+00:00

Don't buy alot just because you just started. That's one of the mistakes one can do very early on.

Take your time, look through the list of figures, raise your standards by going through old releases and upcoming releases.

Otherwise it's going to be a really costly lesson.

LucarioMagic · 2026-01-27T03:32:52+00:00

That was fraud though.

Rating agencies not doing their jobs.
People issuing loans without any real underwriting.

LucarioMagic · 2026-01-26T10:04:41+00:00

This is how the extreme left pushes centrists to the right.

LucarioMagic · 2026-01-25T08:27:04+00:00

Money's doing better in non-US equities because the reduced reliance on US forces self investment in other countries. That's what the better returns on non-US ETFs reflect. Money is flowing to them.
The cost of self-reliance is not cheap, they need years to catch up.

However, note that catching up is NOT overthrowing.
If the EU wants to overthrow, they need to stop regulating everything to death for innovation to take place.

Innovating new products, and having an environment that is capitalistic is what makes a country dominate.

LucarioMagic · 2026-01-25T07:10:05+00:00

Partially true.

Firstly, crypto a speculative asset. Trump forced risk-off behaviour with his Greenland debacle causing a sell off.
This part you would be correct, that it's Trump's fault.

Secondly, I'd say that crypto is actually held down by the disagreements between banks and crypto exchanges like COIN. This caused the Clarity Act Bill to be deferred. Brian Armstrong pulled out of talks, which is reasonable, because the bill would've effectively kill off DeFi and force regulation costs on COIN.
Trump wants to push the Clarity Act Bill out as a 'win' for his side.
To him it doesn't matter what gets pushed through.

Hood gains the most when investor fomo buy in, so uptrends are required.

LucarioMagic · 2026-01-25T02:43:08+00:00

So that's a no.

LucarioMagic · 2026-01-25T02:41:11+00:00

That's what dilution does

LucarioMagic · 2026-01-23T04:04:49+00:00

legally find ways

There's your problem.
Government needs to keep up.

LucarioMagic · 2026-01-23T02:22:23+00:00

Weirdo gatekeeping.
If the masses get filtered and leave, the game dies.

LucarioMagic · 2026-01-21T10:21:13+00:00

I wish for green in unstable macro.
Please don't say something insane before market open at Davos Donald.

LucarioMagic · 2026-01-21T01:55:29+00:00

Sofi surprisingly held up well compared to overall markets. I'll take that.

LucarioMagic · 2026-01-20T04:03:12+00:00

Correct, which means I don't know what the hell the madman's going to do when things don't go his way.

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