Cutlercares

Cutlercares t1_jeg72w4 wrote

Don't try to day trade. That's the retail trading trap. +90% lose money and bust their account. You're contending with algorithms, and they have all the advantages.

Learn to trade professionally, like a hedge fund portfolio manager. Learn to generate trade ideas, analyze a company's fundamentals, and properly measure your performance.

You're not generating income. You're building an asset.

1

Cutlercares t1_jedf0eq wrote

The whole take might be wrong, but that's why you straddle with high volatility.

I'm sure more research will come to light tomorrow and a clear view of the bank's situation will emerge.

For now, I think going with "where there's smoke, there's fire" is the right call.

FYI: I never saw the article. Several posts with the bank's balance sheet were made in other subs I follow.

1

Cutlercares t1_j6myc45 wrote

Right? TSLA. Puts printed all yesterday. Rode the unsustainable call wave last week until bearish divergence appeared on indicators. Rolled my longer dated puts to better strikes (they didn't lose much value through last week cuz they're more than 2 months out) and they paid yesterday.

Sold enough to secure profit and kept a few to see if things go down more today. Will close before tomorrow.

2

Cutlercares t1_j2494f2 wrote

Appreciate the summary. Not sure I agree with China removing lockdowns being bullish (short or lobg term). I would link China's new covid policy direction to Asian market's downturn for a glimpse into how that's going.

1