Master Thread Stonks/Options/Investing - come build your tfsf yolo stock portfolio

[quickfeet]

TFSF portfolio is pretty much broke even right now

 

[ChicagoFats]

S&P 500 (Symbol /ESH22 also affectionately known as SPUZ or spoos. hanging out around 4500. Spuz were down about 30 points last night but have rallied back to unchanged this morning.



- Yesterday, The Feds Bullard advocated for an emergency intra meeting rate hike of 50 basis points as early as today. That was the impetus for an 80 point sell off in the spuz yesterday and looks to keep the market volatile today.
- Bullard advocated for the rate hike after the CPI inflation number came in hot at 7.5% on an annualized rate.

Outlook for today is for more volatility. Looking for news of an emergency rate hike. Its also Friday and market could get shaky in the last 30-45 minutes as investors digest the weekend headline risk.

Sitting tight waiting for an opportunity today.

 

[shiv]

S&P 500 (Symbol /ESH22 also affectionately known as SPUZ or spoos. hanging out around 4500. Spuz were down about 30 points last night but have rallied back to unchanged this morning.

View attachment 77930

- Yesterday, The Feds Bullard advocated for an emergency intra meeting rate hike of 50 basis points as early as today. That was the impetus for an 80 point sell off in the spuz yesterday and looks to keep the market volatile today.
- Bullard advocated for the rate hike after the CPI inflation number came in hot at 7.5% on an annualized rate.

Outlook for today is for more volatility. Looking for news of an emergency rate hike. Its also Friday and market could get shaky in the last 30-45 minutes as investors digest the weekend headline risk.

Sitting tight waiting for an opportunity today.

What does an opportunity look like?

 

[ChicagoFats]

What does an opportunity look like?

Well it depends on what context we are talking. In my day job it will literally look like highlighted colors.

For my personal account, or non-day job, i pay attention to the market in general and just come up with themes to trade around. If i think something is cheap or expensive relative to the S&P 500, or its recent past, then i will throw a little money in that direction.

Trading is all about coming up with a strategy or theme and sticking to it. You want to make yourself the casino where the odds are on your side. No one will win every bet, you just got to win more than you lose.

I'll keep thinking out loud throughout the day.

An example of what "opportunities look like". The columns are designed to highlight and get your attention.

 

[shiv]

Well it depends on what context we are talking. In my day job it will literally look like highlighted colors.

For my personal account, or non-day job, i pay attention to the market in general and just come up with themes to trade around. If i think something is cheap or expensive relative to the S&P 500, or its recent past, then i will throw a little money in that direction.

Trading is all about coming up with a strategy or theme and sticking to it. You want to make yourself the casino where the odds are on your side. No one will win every bet, you just got to win more than you lose.

I'll keep thinking out loud throughout the day.

An example of what "opportunities look like". The columns are designed to highlight and get your attention.

View attachment 77933

Is that spreadsheet what gets produced by the software? Is it updated live?

 

[ChicagoFats]

The ticker im watching most of the day is below. I change stuff on and off this list frequently.

The symbols that start with "/" are futures contracts. This means it is a highly liquid contract and is a very good representation of a price that anyone can trade. These usually stay at the top all the time, while the equities get changed out based on trading theme / strategy.
Bitcoin
Oil
S&P 500
Ethereum
Nasdaq


I follow a handful of stocks at a time. Too many and its information overload. I only have positions in maybe 2-3 stocks right now in my day trading account.

One position being long DWAC. I just think that the current media really messed up censoring speech, that CNN is fake news, and that fox news isn't much better. Twtr is a cesspool and Zuckerberg is conquering the world by selling your data that you give him for free. Trump will automatically have millions of followers. The thirst for competition to mainstream media is huge. Trump gets a bad rap, but the products he has put his name on in the past have been great products. He has hired Devin Nunes who, along with Kash Patel, deserves an award for single handedly exposing the Russian Collusion hoax. . I think there is tremendous potential for Trump media group.

So that is my thesis right now. Not changing it until im given a reason. Exit strategy is to sell sometime after the Truth social platform goes live and Trump sends out his first outrageous tweet. I'll start exiting at that point whether its a winner or loser.

 

[ChicagoFats]

Well it depends on what context we are talking. In my day job it will literally look like highlighted colors.

For my personal account, or non-day job, i pay attention to the market in general and just come up with themes to trade around. If i think something is cheap or expensive relative to the S&P 500, or its recent past, then i will throw a little money in that direction.

Trading is all about coming up with a strategy or theme and sticking to it. You want to make yourself the casino where the odds are on your side. No one will win every bet, you just got to win more than you lose.

I'll keep thinking out loud throughout the day.

An example of what "opportunities look like". The columns are designed to highlight and get your attention.

View attachment 77933

Yes its getting data pumped in through a 10gb connection directly from a trading exchange. More accurately, I am connecting to a server in Seacaucus, NY that has a 10GB connection to the exchange.

Its not a spreadsheet, its a stand alone program. The program has a bunch of columns that you can drag and drop in and out. The user is in charge of organizing the columns, and changing the columns to do what you want them to do. We can write code in the LUA language for those columns.

 

[Oler Ted]

Let's get one more stonk for a lucky number of 7

AGI
DWAC
TNK
DKNG
NRDY
PLUG

DKNG up 8%

 

[quickfeet]

 

[quickfeet]

 

[quickfeet]

I cannot get this shit to scale to one day

 

[quickfeet]

 

[quickfeet]

 

[quickfeet]

 

[quickfeet]

 

[quickfeet]

Yes its getting data pumped in through a 10gb connection directly from a trading exchange. More accurately, I am connecting to a server in Seacaucus, NY that has a 10GB connection to the exchange.

Its not a spreadsheet, its a stand alone program. The program has a bunch of columns that you can drag and drop in and out. The user is in charge of organizing the columns, and changing the columns to do what you want them to do. We can write code in the LUA language for those columns.

Seems like a large part of the value is going to be connection speed

 

[ChicagoFats]

Seems like a large part of the value is going to be connection speed

Yes, that speed is really only relevant to the algorithm trades. For click trading, our naked eye can't tell the difference between 1gb and 10gb connections and it doesn't make the computer highlight a column faster or anything like that (thats the graphics card i think).

Lately I haven't been running them quite as much because when the market goes crazy you sometimes get a bad trade, which is basically someone elses computer being faster than yours. Im just a little fish in a big pond so have to pick and choose where i compete. I can compete on speed in certain situations only, the conditions kind of have to be right otherwise the big hedge funds will win out.

 

[ChicagoFats]

Yeah, i like this chart.

DKNG isnt going anywhere anytime soon. Seems like America has a big appetite for gambling and fantasy football. DKNG probably got sold off along with the great meme stock sell off and might be a little under valued. Looks like a good pickup.

 

[quickfeet]

Yes, that speed is really only relevant to the algorithm trades. For click trading, our naked eye can't tell the difference between 1gb and 10gb connections and it doesn't make the computer highlight a column faster or anything like that (thats the graphics card i think).

Lately I haven't been running them quite as much because when the market goes crazy you sometimes get a bad trade, which is basically someone elses computer being faster than yours. Im just a little fish in a big pond so have to pick and choose where i compete. I can compete on speed in certain situations only, the conditions kind of have to be right otherwise the big hedge funds will win out.

I guess that means there is a ton of value in been able to invest in big hedge funds then right? Because they have all the tools. But I imagine there is some (massive) minimum investment to get in.

 

[quickfeet]

One of the biggest problems I have is knowing when to sell

 

[ChicagoFats]

I guess that means there is a ton of value in been able to invest in big hedge funds then right? Because they have all the tools. But I imagine there is some (massive) minimum investment to get in.

There is a ton of money in speed and Payment For Order Flow. There is a big debate on whether its good for the market or not. See Robinhood and Citadel hedge fund arrangement. Speed game is a lot more competitive than 10 years ago, i think some of the big funds fighting in the nano-second area which little guys can't compete with.

One of the biggest problems I have is knowing when to sell

You and me both. But i usually try to stick to my theory when i start the trade. If i ever get a stock that doubles, I sell half. That way i look at it like i own the remaining shares for a cost of $0 and can never lose money on the trade while leaving some upside.

 

[shiv]

@ChicagoFats I’m really interested in your work. Wish I wasn’t so busy I could dig in more.

I performance analysis on radars all the time and I’ve always been a natural at it. Not saying that would translate directly, but I have an autistic ability for recognizing things

 

[shiv]

@ChicagoFats how did your college education translate into your day job?

 

[shiv]

Let's get one more stonk for a lucky number of 7

AGI
DWAC
TNK
DKNG
NRDY
PLUG

Fired up my Robin Hood just to get in on this

 

[ChicagoFats]

@ChicagoFats I’m really interested in your work. Wish I wasn’t so busy I could dig in more.

I performance analysis on radars all the time and I’ve always been a natural at it. Not saying that would translate directly, but I have an autistic ability for recognizing things

Does radar work require a lot of statistics and probablities?

 

[shiv]

Does radar work require a lot of statistics and probablities?

Without a doubt

 

[ChicagoFats]

If you want to buy the dip, now is your chance for the day.

 

[shiv]

My guess is that Markets are gonna go nuts Monday because of Russia/NATO tensions. Look what oil did at the end of the day.

 

[America 1st]

My guess is that Markets are gonna go nuts Monday because of Russia/NATO tensions. Look what oil did at the end of the day.

I’m really hoping shit pops off and induces a recession. With Chyna virus seemingly cumming two Anne end we don’t knead Puddin getting a bump in the polls.

 

[Oler Ted]

Futures are looking bloody

 

[quickfeet]

You and me both. But i usually try to stick to my theory when i start the trade. If i ever get a stock that doubles, I sell half. That way i look at it like i own the remaining shares for a cost of $0 and can never lose money on the trade while leaving some upside.

I use a similar method when the stock doubles, but that rarely happens in the near term, so otherwise.... When do you cut your losses? When do you realize your gains? (asking rhetorical questions)

 

[ChicagoFats]

I use a similar method when the stock doubles, but that rarely happens in the near term, so otherwise.... When do you cut your losses? When do you realize your gains? (asking rhetorical questions)

Cut losses

1) I try to invest in companies that i like and don't mind holding for several years. If you like a company you can withstand the short term price swings and wait for a more favorable time to sell.
2) If my thesis for putting the trade on no longer holds weight, or is flat out proven wrong, then its time to sell.
3) Another reason to sell is if I find a more attractive investment.


What kind of rules do you use?

 

[quickfeet]

Cut losses

1) I try to invest in companies that i like and don't mind holding for several years. If you like a company you can withstand the short term price swings and wait for a more favorable time to sell.
2) If my thesis for putting the trade on no longer holds weight, or is flat out proven wrong, then its time to sell.
3) Another reason to sell is if I find a more attractive investment.


What kind of rules do you use?

Trying to figure that out. I put 95% into mutual funds not to touch. The rest is just for fun, so I guess it doesn't matter too much. Still would like to develop some sort of structure though.

 

[quickfeet]

DWAC looking good. Got to think once this thing get rolling its going to moon

 

[America 1st]

Cut losses

1) I try to invest in companies that i like and don't mind holding for several years. If you like a company you can withstand the short term price swings and wait for a more favorable time to sell.
2) If my thesis for putting the trade on no longer holds weight, or is flat out proven wrong, then its time to sell.
3) Another reason to sell is if I find a more attractive investment.


What kind of rules do you use?

Good stuff!

My rule is always beat the S&P. If yew beat the S&P yore dewing pretty well.

Always worrying about “leaving money on the table” bye trying two find the perfect investment is a great receipt for a heart attack / making an especially bad investment.

K.I.S.S.
Keep
It
Stupid
Simple

Eye yews this fore my work, investments, interactions with people, ect.

—————————————
Got inn on sum Moore INTC @ 44.93 and feel pretty gud about it. The Midwest (especially Ohio) could beecum the chip capital of the world over the next decade

DWAC looking good. Got to think once this thing get rolling its going to moon

Could bee.

I’m hoping it moons four everyone around hear that has sum.

 

[ChicagoFats]

DWAC looking good. Got to think once this thing get rolling its going to moon

Sold some 105, 110, and 120 strike calls that expire this Friday. Its bounced off of 98 a couple times now so that feels like a top for the moment.

 

[quickfeet]

Could be some incredible opportunities going forward - what is the plan?

My meme account is up a couple percent today

 

[quickfeet]

Oil is about to clear $100/brl - energy stocks are down a bit, but wouldn't expect that long if oil stays up

 

[ChicagoFats]

Oil is about to clear $100/brl - energy stocks are down a bit, but wouldn't expect that long if oil stays up

I think its a good buying opportunity. Unlikley Putin progresses past Ukraine and may cause Fed to think twice about how fast to raise rates.

Just buying the whole market right now. SPY

We are at about a 10-12% pullback from market highs right here i think?

 

[America 1st]