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Now I know
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It’s ok to gamble, you just can’t gamble in the wrong direction.
It’s only gambling if you lose.
I was on the phone with my mom and forgot to buy my calls. You’re welcome economy.
Straddles Motherfuckers…buy ATM Puts and Calls and let it ride…
Krampus rally
Why the fuck are the lines all offset?! I can’t handle this shit
My dumb ass was expecting the first spike to be a lie like every other speech the last few months so bought 0dte puts hoping for a sharp reversal.
Down £22k gambling during his speech
Did he speak today? Is that why the market’s up
Would you rather die a bogglehead? Lay down those bets and hope lady luck is on your side!
Don’t have a cow, man.
![img](emote|t5_2th52|4641)
I do not care about JPOW or his speeches. I only care about making money for myself and my hedge fund masters.
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I have a problem
And knowing is half the battle.
I bought at 1:28 pm EST.
I gambled.
It doesn’t matter what the hell he says, it can be hawkish as shit, but no matter what the market goes up whenever he speaks because they take the slightest hint to be – BULLLISH BULLISH BULLISH. JPow scratches nose -> BULLISH.
or you should buy straddles… SPX $3960 straddle at 1:30 was $4k. EOD is was $12k. that’s +200% profit. would have been even more if you did a OTM straddle
So, here’s the thing. All of you guys who are actually trying to improve your game. start a paper account. Don’t do anything with it except try to trade the FED decisions / speeches before each one happens
See how your performance goes. I was going to say after 5 years but I don’t think many of you would make it that long
It’s a fun thought experiment though and will teach you exactly why it is such a regarded idea
You didn’t learn shit
I didnt even know he has a speech today how do we even check this shit
With options there’s a 50% chance of success: you either win or lose.
Maybe just lil bit is ok