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re: Wanna yolo? Buy some calls on volatility.
Posted on 3/15/24 at 4:41 pm to CecilShortsHisPants
Posted on 3/15/24 at 4:41 pm to CecilShortsHisPants
quote:It's the truth. The entire options world is riddled with cranks like this peddling nonsense. They're usually smart (often engineering type smart where they are highly technically capable but have no fundamental/holistic understanding of the real world - this will often be expressed in a general lack of integrated understanding of non-linearity - which is ironic given the subject matter).
Where did that come from? Geez
I've seen a million of them carried out on stretchers. Dabbling with a small pot of "side" money is fine. But there's zero applicability of this to building long-term wealth and creating a viable financial plan.
Most of the hedge fund vol traders in the world aren't even that good at it. And even the ones who are often endure massive drawdowns and lean periods in between wins.
It's fine if this guy wants to noodle around on here for shits and giggles. But beware of the "this is not financial advice" all-purpose shield he hides behind in the end.
This post was edited on 3/15/24 at 4:44 pm
Posted on 3/15/24 at 5:47 pm to Big Scrub TX
Yeah you got it all figured out BigDud. You don’t know shite about this biz. I’m sorry you lost your life savings when you tried. Or did my wittle stock of da year make you woos ya money? Lmao down 30-40% idgaf. It’s a triple leveraged ETF. It might go up 500% and you’ll still be shite posting. GTFO here
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