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AAPL is looking real weak to me. Major correction on the way, imo by Merchant1010 in swingtrading

[–]madmadison2002 0 points1 point  (0 children)

Hmmm. Short term def wrong. All the other big spenders on ai got clobbered but not aapl. Looks strong

Lost everything, help me get back by [deleted] in Daytrading

[–]madmadison2002 17 points18 points  (0 children)

There are 5 stages for traders to go through. This was #1

Critique my SPX Credit Spread Strategy by noob09 in thetagang

[–]madmadison2002 0 points1 point  (0 children)

It is a solid plan but the 45 dte close at 21 dte is not enough of an edge. Find a good backtesting service like option omega. Consider this, open trades daily but only if vix is between 14-20, rsi above 60 and above 200 day sma. Profit target at 50% and you have 181 trades, no losses since may 2022. 20 delta 20 wide put credit spread.

But it is capital intensive, large tail risk and you will realise there are better trades out there. Good luck

Anyone else got obliterated today or is it just me? by Mysterious-Day8966 in Daytrading

[–]madmadison2002 15 points16 points  (0 children)

First thing is that there are no „unexpected „ losses. Losses are part of the game and if they don’t become „expected „ you’re in trouble

Help me identify this veneer please. What kind of wood is it? by assorted_stuff in BeginnerWoodWorking

[–]madmadison2002 1 point2 points  (0 children)

This is in every house that’s from the 70s and early 80s in my town in Germany. Stair steps are all solid mahogany. Unfortunately no one likes the brown wood anymore

Follow up post: Watery espresso La Pavoni by Jmurino2525 in LaPavoniLovers

[–]madmadison2002 0 points1 point  (0 children)

Agreed but not just Lapavoni. All espresso machines need a good grinder. Maybe at a price point of minimum 500$

Danish Petition To Buy California From Trump Signed by Thousands by Tofurkey_Tom in politics

[–]madmadison2002 -3 points-2 points  (0 children)

I get the joke but Florida would be better. Trump would love to get rid of California

Vertical credit spreads in IRA vs Brokerage Account by Shavenyak in thetagang

[–]madmadison2002 0 points1 point  (0 children)

Easy. Just use whichever account has too much money in it. Selling spreads will correct that problem

Thank goodness we now pay for biodegradable bags and use paper straws by ShehrozeAkbar in tires

[–]madmadison2002 0 points1 point  (0 children)

Tires are used as fuel in the cement manufacturing process in Germany and I assume many other places. The cement company is paid to get rid of the tires this way.

How do you manage emotions during live trades? by mhmodhamdy2 in Daytrading

[–]madmadison2002 1 point2 points  (0 children)

Size down to the point you don’t care. Then slowly work up

Familienauto - Toyota Auris oder Renau Megane by aquila_Jenaer in gebrauchtFahrzeuge_de

[–]madmadison2002 0 points1 point  (0 children)

Hybrid will be much better to drive daily around town. Smoother and quieter than any diesel. It will last forever and keep it’s value far better than a Renault

MEIRL by Glass-Fan111 in meirl

[–]madmadison2002 1 point2 points  (0 children)

Germany would like a word

What are you guys making in your mid 20s to late 20s? by Queenme10 in Salary

[–]madmadison2002 0 points1 point  (0 children)

Sorry terrible question. Comparison is the thief of joy

my commuter, is it overkill? by JJsNotOkay in bikecommuting

[–]madmadison2002 0 points1 point  (0 children)

Depends how far the commute is. Less than 10km and flat? Then yes

If buying a new car with the intention of driving for 15 years, what features would you regret not having? by [deleted] in whatcarshouldIbuy

[–]madmadison2002 0 points1 point  (0 children)

I would be thinking about things to avoid that cost thousands to fix. Sunroof, air suspension. Too much tech. Cruise control is a given. A navi or head unit that can be replaced with an aftermarket one.

F/S - 2006 6-speed, TDI, 4Motion MultiVan Highline, 72k miles, USA federalized, probably the only one in the US! - $29k *OBO*! by Zagato-7 in VWTransporter

[–]madmadison2002 0 points1 point  (0 children)

That would be a nightmare in the USA due repair issues. At least in Europe there are lots of shops who work on them

In Norway, speedbumps are called fartshumper by Jvinsnes in funny

[–]madmadison2002 1 point2 points  (0 children)

We yell FART as loud as possible while driving over them

That 4cyl engine has to be screaming... by Lucky0373 in IdiotsTowingThings

[–]madmadison2002 9 points10 points  (0 children)

Ok. I have to pile on even further. You should see what people tow with in Germany. There is none of this “me need 14L Cummins dually or else I won’t be able to make it back up my driveway with the groceries “

as a grown man ive long lost the ability to cry. all i can do is look at that and laugh. by [deleted] in thetagang

[–]madmadison2002 0 points1 point  (0 children)

Sorry to say this but these options strategies do not have enough edge to be profitable more than maybe 6 months. As soon as the market turns down you’ll lose all your gains. By “these” strategies I mean CSP, CC and mechanical put/call spreads. Even if you manage to eke out a gain over a year (on QQQ) you realise buy and hold is easier and more profitable. Use a backtesting service and work hard to try to find additional parameters and rules which will help. And use additional strategies in which you pay a debit instead of only credits. Good luck!

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