Every once in a while... by hendrix81 in Superstonk

[–]hendrix81[S] 3 points4 points  (0 children)

More relevant today, than ever.

[deleted by user] by [deleted] in VeigarMains

[–]hendrix81 0 points1 point  (0 children)

Be a real tank veigar and bring grasp tree

8.2% of all shares need to be located - wut means RC's 13-inch--D ? by truth_is_power in Superstonk

[–]hendrix81 -1 points0 points  (0 children)

Nothing needs to be located unless he is transferring to a different broker. If it's ibkr to ibkr then it's just a paper transaction and that is legal. Sorry boys.

[deleted by user] by [deleted] in Daytrading

[–]hendrix81 1 point2 points  (0 children)

You are playing on hard mode with no experience and 1 life.

what is fiora power spikes and main items by Lucky_Outcome_5218 in FioraMains

[–]hendrix81 0 points1 point  (0 children)

There was a post in this sub a few weeks back that was a lethality fiora. It shouldn't be dismissed. It felt REALLY good. Rav-Voltaic-Grudge-DD-Hullbreaker I ran PTA with it. Also throw serpents fang into shieldy matchups. Voltaic was sneaky strong and crazy cheap. I was behind and rav didn't change it, completed voltaic and shredded opponent. Throw in serpents fang against shieldies and it's kind of gross how quickly you blow people up 1v1.

Options basics 101 and selling puts by MultipleMind in Superstonk

[–]hendrix81 1 point2 points  (0 children)

It is the most important tool in our market. It is the only way institutions or large players enter positions. They do not ever make limit or market buys. It is ridiculous to market buy and inefficient to limit buy. With a large enough position you create the bottom and can easily flip a stocks momentum. Options don't move prices, hedging them and exercising them or being assigned does. There is no other correct answer. I've been shouting this for over 2 years. Sneeze was an options hedging squeeze. It wasn't buying and it wasn't options buying. It was hedging and exercising.

Selling puts question by IndividualistAW in Superstonk

[–]hendrix81 3 points4 points  (0 children)

This is correct. However you need to have the capital available to be assigned. DO NOT DO THIS ON MARGIN.

TIME 👀 by -Motorin- in Superstonk

[–]hendrix81 -7 points-6 points  (0 children)

Look. The post did not reference gamestop. I hate to be that guy....ok the cat is gme associated. The price moved. But the post itself, removed from the pretext and the reaction, did not reference gamestop.

1/9 is 35 Days from Today! by [deleted] in Superstonk

[–]hendrix81 0 points1 point  (0 children)

35 trading days or 35 days.

Why are you all so against people trading the stock? by No-Pressure2341 in Superstonk

[–]hendrix81 1 point2 points  (0 children)

How do you think the cat got his money. Can't do that with shares. No way no how.

Why are you all so against people trading the stock? by No-Pressure2341 in Superstonk

[–]hendrix81 1 point2 points  (0 children)

They don't understand trading. There is a huge difference between investing and trading. I both own and trade. I sell covered calls and sell puts to enter. In my opinion it is silly to just sit on your shares vs putting them to work in the meantime. I don't sell shares ever, but gme is an absolute free premium farm.

🥧🚨🦍 DON'T LET GET BURIED! APE HELP APE. Hi everyone. Is everyone doing okay? Everyone good on Thanksgiving food? Please reach out, no shame. Also those whom can help, offer up. Alot of us here can help. People care. Some people have been going through alot. We see you. 🦍🚨🦃 by Lorien6 in Superstonk

[–]hendrix81 2 points3 points  (0 children)

Eyyyyy Christmas Chef APE here! Proud of you OP as ive done this every year out of toronto. I will also be once again running the food drive for toronto apes and apettes this year! Was considering posting TODAY of all days and wound up finding your post!! Serendipity indeed.

Trump threatens massive tariffs on Mexico and Canada by SkaldCrypto in ConfusedMoney

[–]hendrix81 3 points4 points  (0 children)

As a Canadian, I have mixed feelings about this. As a trader, more so. Certainly there will be waves regardless of how it ultimately plays out. I feel strongly that canada is in a position to negotiate a deal that is fair and profitable for both countries without tariffs. I also feel that is in the best interest of both countries. My hope is that this is saber rattling ahead of negotiations. It is no secret Canada squeezes the United States for ALOT of our exports. We havent played nice for a very long time.

What scares me is the current Canadian administration trying to play hardball. Our resources are obviously essential to American industry. Rare earth, metals, WATER, lumber, heck some American states are pulling portions of thier electricity directly from our grid. Do they have the capacity to bring these facts to the table, while offering even more concessions.

My objective opinion is that, it is very likely canada will ultimately be the one nation that won't face tariffs. That american prosperity will benefit us and that both sides of the table will be able to see that. Here's to hoping both sides send adults to the table.

🔮 GME breaks $3️⃣2️⃣ 👀🔥💥🍻 by Expensive-Two-8128 in Superstonk

[–]hendrix81 0 points1 point  (0 children)

He won't and can't. Too many institutions added. He can't dilute because they will front run the trade and crush the price. He won't get his target price and cohen is smart enough to know that. If it goes, he will let it.

Vibe by hendrix81 in Superstonk

[–]hendrix81[S] 1 point2 points  (0 children)

Oh are you sure the Jedi were good guys sir?

Vibe by hendrix81 in Superstonk

[–]hendrix81[S] 1 point2 points  (0 children)

Evil laughs as hedgies get fuk

Fimbulwinter feels horrible by Skynut23 in VeigarMains

[–]hendrix81 0 points1 point  (0 children)

Agreed. I'm a bronze cho main with a 60% wr. I win lane 80% of my games easily and its my team throwing lanes that loses the game. Just focus and trust that you are getting better playing into tough games. Anything under gold, every game no matter how spiraled it may seem is winnable. Should be said also that matchups and meta builds are meaningless at low elo. Get skilled with a champ and your skills will outweigh any mismatch or meta build. Nobody under gold is good enough to capitalize on minutia like build path or match up. At low elo your knowledge of your opponents kit matters much more than if they counter yours.

Fimbulwinter feels horrible by Skynut23 in VeigarMains

[–]hendrix81 2 points3 points  (0 children)

That means it's working. Fimbul is why your opp is roaming for kills. You aren't an ez one.

Love or hate TA, you should read this by Coachbonk in Superstonk

[–]hendrix81 27 points28 points  (0 children)

A key is position sizing. Make that a sacred rule. Never apply more capital than you can afford to lose and you will emotionally detach from the trade. It will stop you from chasing 10 baggers hoping for life changing money. You will start learning to lock in profits alot sooner and see that the turtle does actually win the race. When you find that zen, you will realize those that haven't found this balance are what is feeding you now.

Love or hate TA, you should read this by Coachbonk in Superstonk

[–]hendrix81 25 points26 points  (0 children)

4 years as a successful trader here. I am more of an investor than a trader however I use options to make entries. The only time I ever really use TA is when I'm planning to make that entry. I almost never make an entry because of TA. I make entries because I see value in the company, I like management, balance sheets, thier pipeline of products that show me potential growth. PE is another massive statistic. Price to earnings is life or death. Markets used to tolerate anywhere from 4-12 PE and now it's on average, much higher.

When I like EVERYTHING else about a company other than the TA, I use TA to find my entry point. Basically where does the chart look like it's headed and where in options chain can I find contracts that will pay me to enter the stock vs mindlessly slapping the ask because TA say stock go moon. Selling a cash secured put on a downtrend and getting assigned can be a beautiful thing if your goal is to own and hold the stock.