I was testing it. Again I started this maybe 3 months ago. So all brand new. It was actually inspired by the 50 cent trader. You have a high probability of losing, but when you win, you win big. I also lost more than usual because I did otm lol. Itm makes more sense.
The shorter the time horizon, the more dependent you are to premiums and math. Math is really my edge. It’s essentially gambling like blackjack and counting cards.
The longer the time horizon, stock picking skills come into play and that’s my edge. It’s more like long term investing. Market maker impacts you far less.
Powell was looking old yesterday, so out of curiosity, I googled his age. He’s actually older than Helicopter Ben Bernanke who retired in 2014
Powell dob Feb 1953
Bernanke dob Dec 1953.
Fwiw, Yellen (Aug 1946, retired 2018 but now back in the saddle at Treasury) is older than both.
What do you think the Fed plan is?
It looks like they’re juicing the economy before Trump takes office so they can blame the resultant inflation on the Trump tariffs
Imagine if the world’s central banks all rallied together and shorted the ever living ■■■■ out of bitcoin to pay off our debts. It would kind of fulfill bitcoins purpose in life… to control inflation and all these ass hats would disappear.
Nature is going to heal itself someday, can’t wait to see it.
