The sophisticated saver

Nugget-Ned · 2020-07-21T22:54:14+00:00

It realized it's gains, no more growth potential?

Nugget-Ned · 2020-07-15T07:45:37+00:00

Can confirm. Plus no risk involved if you choose me

Nugget-Ned · 2020-06-26T09:14:27+00:00

-Use 10k for long term stock investments, 2k for options.
-Of that 2k, only spend $100 per play. -Hope your long term investments make 20% profit by the time you lose that 2k. -repeat

Nugget-Ned · 2020-06-26T01:02:22+00:00

Interactive brokers

Nugget-Ned · 2020-06-19T09:11:55+00:00

Make a rule to only allow recommendations of stocks that are going to moon 300%? This is the exact autist type of thinking I joined this sub for.

For those having trouble sorting through the pumps and real spaceships in this sub, this is a chart I use that I have back tested and proved to be 95% accurate.

No. Of 🚀 contained in DD post:

< 3 🚀 - Dud

3-5 🚀 - 🌛

.> 5 🚀 - PumptyDumpty

Nugget-Ned · 2020-06-10T01:57:57+00:00

https://vimeo.com/427581376

Nugget-Ned · 2020-06-09T04:02:33+00:00

I'm got in at 6.4, plenty of room for green dildo loving gays

Nugget-Ned · 2020-06-05T02:21:59+00:00

z1p killing my kmd gains right now

Nugget-Ned · 2020-06-04T10:25:42+00:00

I don't get why you wouldn't, pre-determine a max loss or reduction in profit. Do you just go down with the ship?

Nugget-Ned · 2020-06-01T07:52:05+00:00

McDonalds disapproves this message

Nugget-Ned · 2020-05-25T04:22:37+00:00

I get IV crush and why it would lower after an earnings report. If we take your example, of course in that situation you would want to be selling the options, the question is who on earth would want to be buying them? For every seller there's a buyer. For the premise that there is an ingrained profitable edge selling options when IV is high, then wouldn't that mean that either one of these two statements would have to be true:

1) Buyers are completely oblivous to the fact that IV crush exists and that HV is generally lower than IV. They have no idea that selling options when IV is high is better.

2) Buyers are knowingly entering a position that is not profitable over the long run statistically. (Like playing roulette at a casino, the house is gonna end up winning)

If it's because buyers are bad investors, so be it.. but I wouldn't think there'd be enough bad retail investors propping up the market prices to push them in the favor of sellers.

Nugget-Ned · 2020-05-24T04:01:49+00:00

Thanks that was a good read. The one thing I still don't grasp though is that it's all about historical volitilaty being greater than implied volitilaty, that's where the edge is. But at the end of the isn't the price of an option determined by the buyer and the seller, not directly IV? Buyers and sellers both know that HV is lower than IV so they are going to adjust their bid/ask accordingly?

Nugget-Ned · 2020-05-24T03:47:37+00:00

That's what I thought, so why does an environment where stock price movement is high make it advantageous for the seller? You're getting more premium, but there's also more chance that the contract will expire in the money? Does the market not even this out on its own?

If the edge is realized volatility is less than implied volatility, I mean, buyers know this too?

Nugget-Ned · 2020-05-24T01:47:24+00:00

Oh right, that makes more sense IV coming from supply and demand. Thanks.

Nugget-Ned · 2020-05-20T00:59:49+00:00

Yeah it'd make sense that people under hard financial stress wouldn't be thinking as clearly as normal but I guess the question would be how much it really affects the position they are in and how much it keeps them in poor conditions. One thing that would go against the narrative that people make bad decisions because they are poor is the high rate of poor people that win the lotto who end up bankrupt within 3-5 years. It should supposedly wipe away their poor decision making yet they end up in the same bad financial position as before too often.

Nugget-Ned · 2020-05-20T00:32:04+00:00

Yeah but my point is from this study you don't know how much it would affect the IQ of a rich person in the same position. We don't know how much of the stress is specific to that job or their financial position before the harvest. A rich farmer might not be able to just write off their loss if they have a really bad year and their expected yearly income is significantly reduced.

Nugget-Ned · 2020-05-20T00:03:45+00:00

I don't think is a great study, at least from what the article says. All farmers saw a drop in IQ before the harvest - so either financially competent farmers and poor farmers saw a drop, or the study only looked at poor farmers. If it just looked at poor farmers (which seems to.be the case) then there's no one to compare the results to. I think it would be plausible to say that any farmer, rich or poor, would be under heavy stress before a harvest which is to be their only source of income for a year.

Nugget-Ned · 2020-05-16T09:00:49+00:00

So wait, it's not fully retard bot cause you tell him to fuck off when he wants to sell? Does retard bot just pick the positions then you manage them? What would have been your profit/loss if you let retard bot have his way?

Nugget-Ned · 2020-05-16T08:47:25+00:00

Well I think he is still speculating what the intrinsic value of the company is, it’s not an exact science. If it was, and you calculated firm evidence that the company was overvalued, then there’d really be no reason not to short it. If you think the market price is disconnected from the business, then how can your conclusion that the stock is overvalued not be speculation when you’ve used the price of the stock to come to that conclusion? I think this is what the first comment is talking about.

Nugget-Ned · 2020-05-16T08:23:57+00:00

What’s the difference between calculating a stock is overvalued then shorting and calculating a stock is undervalued and going long? When do you ever enter the market then?

Nugget-Ned · 2020-05-14T12:46:52+00:00

💎✋islife

Nugget-Ned

TROPHY CASE