Should mgrunin start a trading thread ?
- Thread starter nomak
- Start date
Did anyone of you fuckers read Fooled by randomness by Nicholas Taleb? It's a nice heads up and some food for thought.
I can't see too many negatives to it for him, other than his time. If anything, it'd work as a small pump and dump, since he buys the options, and everyone else pushes up the value, creating false demand, and pushing the main stock up. He then sells before everyone else.
Yeah, because 10 people on wicked fire buying 1 share of apple each are going to move the market, lol.
Well, first off. I'm just trying to set the record straight and see if he can live up to his knowledge. But to be fair, I'll give him 10% of the profits. Also, I don't really care about his strategies, I'm sure I could read them in a book somewhere. I only ask to document it because I'm sure he could fudge the numbers and therefore you need some way of following it.
Well of course what you are saying is true (actually you are stating the obvious) but I guess this is not about sending mgrunin a few 100k of retirement savings.
Look, even the conservative investors say that you should put a small part of your portfolio on high risk. There's nothing wrong with that
And besides that it's fun and addictive.
True most people who try day trading don't make money the same way most people who try affiliate marketing don't make money but if you do your homework, develop the right strategy, and use discipline it's not so far fetched to make a career out of day trading. I know several people who do it with several different investment products (futures, options, forex, etc) and they've been doing it for years. I trade here and there when I think there are opportunities (gold/oil/home builders 8 years ago, VIX/emini during the crash, ford trading under $2 after the crash, apple/google/exxon now, etc) but try to avoid the day to day grind of it because it's just money chasing more money and even the most elite traders struggle to get a 20% ROI. If you have a lot of money to play with and don't want to stick it in a 1.3% CD then it's worth it but I think affiliates would get a better ROI for their time and money by using their skills to build actual companies. Maybe I give affiliates too much credit but I think if you're an affiliate with the right balance of business, tech, marketing, and monetization skills you should have your eyes set on silicon valley where you can take a $20,000 website/app/startup to a possible 7/8 figure exit vs new york where you will struggle for a 10% return on your capital.
Such thread would be nice but I'm not sure if I'm ready for another I did this and that when I was 12 mGrunin's story
Jfizzle, you're always better off spending your own money anyways. This is the best way to learn, from your failures or even successes and collecting data for your own records. To me it reminds me a lot of managing affiliate campaigns from a certain angle. You have to pay to play
Hello friends,
If I give mgrunin 15,000 rs for invest how long it take for it to become 150,000 rs?
Good luck bros
If I give mgrunin 15,000 rs for invest how long it take for it to become 150,000 rs?
Good luck bros
Let this be a 'mGrunin autobiography day-by-day thread', fellas. And maybe we can have one more thread where mGrunin will teach us how to make money by being mGrunin.
We got a friggin' gold-digger amongst us, we must use this opportunity to our advantage.
We got a friggin' gold-digger amongst us, we must use this opportunity to our advantage.
He will def out his strategies for 500.00 dollars. You must be smoking the canadian good stuff.
Hello friend,
Before mgrunin had video for show how he make $70k profit every day from trade stocks.
By now he probably make millions of dollars profits already.
Good luck bro
You're right. Two months ago my gains were at $300,000; 1 month later it was 1/3 of that. Since then I've taken majority of those funds out while I focus on the skills of selling options.
85% of options expire worthless. Being on the buying side of options has many more things against you than being on the selling side where you have more things going for you. 2/3 of my gains were eliminated from 3 trades. Two of those trades were from straight up greed. Literally holding a winning +$55,000 position and seeing it inverse to -$75,000 within 2 hours. Plus the fact that I'm still a student doesn't make it any easier for me to daytrade when I'm on and off the computer.
So yes, I will agree with you that if you are on the buying side of options, sooner or later you might get burnt UNLESS you play very tight strategies such as candor and butterflies. The ROIs turn out much lower, but the loses are minimized.
The money is in selling options, it's as simple as that. Let me show you just how much bullshit is fed from the market.
For weeks now Apple has been expected to miss earnings. You have all the bears running around saying they'll buy a new lambo after the miss. Then you had all the bulls running around saying Apple #1; they don't miss. Like usual, the option pricing on weeklies for AAPL is ridiculous. The implied volatility is 120%.
Well...Apple misses on EPS, iPads, Macbooks and releases a 30% lower guidance vs estimates. Now..you'd expect a big drop in the aftermarket, right? At least all the bears thought they would see. Well...Apple right now is trading 0.06% up in the aftermarket.
So who wins once again? The motherfucking sellers. Those that sold options in either direction will see the options that they sold lose 90% value tomorrow at the open.
Well of course what you are saying is true (actually you are stating the obvious) but I guess this is not about sending mgrunin a few 100k of retirement savings.
Look, even the conservative investors say that you should put a small part of your portfolio on high risk. There's nothing wrong with that
And besides that it's fun and addictive.
I can't do that without a license. To get the license I need to study, take the test and work for 2 years for an investment firm. Don't see that happening anytime soon. Without the license, I can't handle your money.
