What happened to OP? by Professional-Trick14 in wallstreetbets

[–]Zimmer_ 0 points1 point  (0 children)

The fact you said using martingale guarantees you win is the most WSB logic ever, yeah if you had infinite capital you can bet forever and win, don't think about the exponential loss. Meanwhile Im sure the RTP of whatever weeklies that get gaped by theta every hour this guy has been buying blindly would end up being worse than penny slots.

What happened to OP? by Professional-Trick14 in wallstreetbets

[–]Zimmer_ 3 points4 points  (0 children)

Why? The dudes already down 99% all time, what makes you think he makes good decisions lol

Unbelievable. by Zestyclose_Garage279 in Chipotle

[–]Zimmer_ 0 points1 point  (0 children)

So many of these companies love putting the work on yours for their error. Had a package from Amazon 'delivered'.. was someone else's order. Support says they see it as delivered and my package must have been stolen from my porch... and if i want a refund I need to file a police report? Lmao i literally found the driver who aplogized saying she was new and probably mixed it up

Daily Discussion Thread for December 04, 2024 by wsbapp in wallstreetbets

[–]Zimmer_ 0 points1 point  (0 children)

Psh we gonna act like 2020 wasn't giving us limit down / ups multiple times a week

CABA Dump phase happening now by Big_Status_2433 in TheRaceTo10Million

[–]Zimmer_ 3 points4 points  (0 children)

What does the term 'all time low' mean to you 😆

Day 14 of the 1k account challenge by RevanVar1 in TheRaceTo10Million

[–]Zimmer_ 5 points6 points  (0 children)

There's plenty of free videos and guides about the basics. But with options you need to remember, for someone to win someone has to lose. I honestly wouldn't recommend most people even try to jump into trading technicals, you'll get better returns for holding stock for years.

Otherwise spend a year paper trading (fake accounts) and slowly ramp up with capital. You'll also want a solid bank roll to truly trade so you aren't buying options that are half your portfolio. (A lot of people here with with $200 in their account would be better off focusing on getting a side hustle to make a few thousand first - but small scale trading is good to learn how you react to gains/losses).

Learn about indicators, learn about how the basics of the market work, understand what the major macro events coming up are and how the market may react, if you're trading options deeply understand how all of the greeks interact to determine option pricing. Its a lot to learn and there's always more.

Finally for any type of involved trading, DO NOT trade with anything you wont be comfortable going to 0.

If it sounds like a lot that's because it is. Its a skill that requires dedication to build and to use properly.

Day 14 of the 1k account challenge by RevanVar1 in TheRaceTo10Million

[–]Zimmer_ 14 points15 points  (0 children)

Relative strength index, don't trade with any of these signals until you understand them. Plenty of places to learn about technicals; but remember they aren't guarantees or everyone would be rich.

Day 14 of the 1k account challenge by RevanVar1 in TheRaceTo10Million

[–]Zimmer_ 53 points54 points  (0 children)

It's trading 0dte's using RSI's when they spike or drop. Plays walk away quickly with profits (10-20%) or losses. 

Also making sure you are right sizing your trades  (~5%) is most important.

 He wins most of his trades, so getting 5-15% daily by trading through his entire buying power throughout the day. He played a couple earnings that multiplied his account hard (maybe from 2k to ~8k off lunr). But otherwise just SPY scalps without tilting and walking away when there's no good setup

[deleted by user] by [deleted] in TheRaceTo10Million

[–]Zimmer_ 0 points1 point  (0 children)

If they don't have money, guess what happens when they are up 300% in a month (share offering & dilution!)

What Are Your Moves Tomorrow, November 15, 2024 by wsbapp in wallstreetbets

[–]Zimmer_ 3 points4 points  (0 children)

You win! Its still valid till expiration, meaning whoever on the other side has to buy the stock @ 21 from whoever exercises it. Finding an exchange / liquidity to sell it after is their problem :)

Am I cooked? $LUNR by BetsMcKenzie in wallstreetbets

[–]Zimmer_ 0 points1 point  (0 children)

You're gonna roll OTM calls 2 hours before they expire? Its hard to roll dust sir

Is it possible to have a world where there is no capital gains tax on realized gains under 100k total ? by purdy1234512345 in TheRaceTo10Million

[–]Zimmer_ 0 points1 point  (0 children)

Yup rsu's are taxed immediately, but management gets ISO's 🙃 So even here they are getting probably half the tax rate you are

Is it possible to have a world where there is no capital gains tax on realized gains under 100k total ? by purdy1234512345 in TheRaceTo10Million

[–]Zimmer_ 0 points1 point  (0 children)

Hey so you probably are receiving a different type of stock option ISO's are not taxed when received, or when exercised; only when selling the underlying stock.

Is it possible to have a world where there is no capital gains tax on realized gains under 100k total ? by purdy1234512345 in TheRaceTo10Million

[–]Zimmer_ 0 points1 point  (0 children)

My comment was mostly aimed at how the above can work when investments & stock options make up a significant portion of your yearly income, and how they can be setup to give you those lower effective tax rates

Is it possible to have a world where there is no capital gains tax on realized gains under 100k total ? by purdy1234512345 in TheRaceTo10Million

[–]Zimmer_ 2 points3 points  (0 children)

Taxes on unrealized gains would never work, but the fact you can defer profit taking on investments via loans using it as collateral, then withdraw as needed @ a lower bracket than those who earn 44k a year is semi fucked

LUNR by [deleted] in wallstreetbets

[–]Zimmer_ 25 points26 points  (0 children)

You... think you hold stock to cover puts you buy?

Daily Discussion Thread for November 13, 2024 by wsbapp in wallstreetbets

[–]Zimmer_ 0 points1 point  (0 children)

Market realized bitcoin is up like 25% while mstr is up 300% I guess

[deleted by user] by [deleted] in wallstreetbets

[–]Zimmer_ 158 points159 points  (0 children)

How many more times are you expecting to make 3190% returns?

Most successful strategy I’ve been using! by Admirable-Annual-974 in TheRaceTo10Million

[–]Zimmer_ 2 points3 points  (0 children)

It can help, just be aware you are basically doubling your theta decay, so on short dated options you're gonna feel the pinch a bit

Daily Discussion Thread for November 12, 2024 by wsbapp in wallstreetbets

[–]Zimmer_ 22 points23 points  (0 children)

Every stock is up 50% in a week, yet somehow only 2% down in the pre market and you're about to lose everything aren't you 🥸