All fucking in

Went in 2x inverse S&P 500 on Friday midday.
Once I'm rich I go all in on oil when the price hits

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>A mere 2x in a broad market index

You're going nowhere lol, like 50% budge in either direction tops

What a whore.

But I do this literally with most of my net worth.

Andrea Abeli

Imagine the smell of her asshole.

Good luck bro, On friday I dumped all my money (10k) into industries and companies hit the hardest, looking towards a 3-4X return if things get back to normalcy. I was hoping things would start to get back to business as usually next week thanks to that anti-malaria drug showing promise but it looks like I may have to wait an additional week.

Goodnight sweet prince

Me on the right

Bullish.
Bearish.

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TVIX

Congrats OP, you will make it.
Sell the 2x inverse on the next big leg down.
Then just go 1x short on SPY so the levered ETF doesn't eat you up.

Mistake. And I will tell you why: the world is drowning in crude oil right now, because no demand. Crisis will continue for months to come. That means some oil companies will actually go bankrupt. Drillers too. Banks will tank billions of credits. Selling oil is unfortunately the only thing that makes sense.

this OP, pls be reasonable

That sounds like a sound long term strategy but this shit is far from over. It will take at least 6 months until things get back to ATH, probably longer is my bet

Yeah I think I am. I'm not new to this and are aware of ETF decay. If shit doesn't hit the fan within one week I might have to cut losses and move to a non-leveraged short

Agree. Oil will dump hard, that's why I'll wait for prices close to 0. I won't invest in oil companies but oil price futures at that point. Goal ~1year

On a side note. Saudis are in panic. Dubai is in the process of becoming a shithole yet again. No more glitz and glamour there already. Read some international news.

>he fell for the "return to normalcy"
watch out for those bull traps son

These days thought building a city without fresh water in the middle of a desert was a viable long term plan
Get fucked dubai

Sometimes Yas Forums is unfathomable to me. If OP wasn't larping, how can anyone be that uniformed, retarded, and just gamble?

Take 10% on bet on an option if you REALLY want to make it.

The premiums are high so I don't know how much profit you'll make, but I know that I literally could've been a millionaire in the >2mil$ range if I used options instead of getting that retarded 3x short.

I'm shorting since Feb btw.

pic related is an estimated profit I could've made if I knew how options work.

LEARN OPTIONS OP

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With options you pretty much have to day trade because with any volatility you're fucked.

Next one! Stay as far away from options as you possibly can, especially right now, in a situation where no-one knows what the future holds. One faggot in a million will by chance make the right bet. He will come to Yas Forums and tell about it. And the rest are fucked more than before. This is no time to gamble. No leverage bets, retards.

betting on things going back to exactly the way they were is a risky thing. My company just announced WFH until May at the earliest. New york is slowing to a crawl and a lot of small mom and pop restauruants/service companies will probably just go bankrupt. When a lot of people stop having money the overall shape of the economy will be different. Maybe for a period of a few years, even.

>no one knows what the future holds

I can tell you with confidence that we will be seeing SPY $215 within 2 months. And I've sat on the fence for 3 years waiting for this moment. An overbought market is going to suffer big time in an inevitable recession.

>SPY $215 within 2 months

As it rebounds off of $180 mid April, for sure.

Oh for fucks sakes. You do that user. Do you gamblers realize what the only sane and profitable thing to is right now? To do nothing. Don't buy. Don't sell. Wait, and see what happens, every day all day. It is work.

your puts will expire worthless. hopefully you can sell them to another doomer retard though!

>trump doing nothing about the virus
>cfr of closed cases is 17%
>20-30% unemployment rate
>over-leveraged without cash companies
>inflated stock market bubble
Only good things to come!

dude just buy RSR

Lol how's that shitcoin doing these days? I thought about buying some 9 months ago

Ok, on another sidenote I must correct myself. Of course some business will thrive now. Amazon as the most obvious example.... BUT in the end my point was correct.

Please elaborate

Imagine not knowing what's coming. Don't be this guy, anons.

>FED keeps surprising everyone with new shit
>infinite QE
>stimulus package
>zero rates and reserve
you don't understand that stock market = economy and it can easily go up again due to inflation and what not

the user you replied to is totally right, wait for a clear trend and stop gambling

Nigga it hasen't even started yet. What you see in NYC will spread to every major metropolitan area in the nation and the stimulus will do nothing. Look at all the small businesses that are going to go under because of this and the unemployment rate will be 50% by the time this is all said and done.

Literally no, warm climate states are already safe and the whole us will move in that direction within a month or two.

>warm climate states are already safe

Like those spring breakers that have contracted the virus? Lmfao how old are you?

>he hasn't seen Florida's infection count
>ladieslaughingwithsaladsinhand.jpeg

I didn't mean to insult you personally faggot. You are not the only OP that I wonder about. Larp? It must be? Why would anyone risk their hard earned money on a stupid gamble that they know little about even!

Don't worry, Brad apologized so at the end of the day I guess it stopped him.

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Because I got a steady high income job and a good education. Losing my hart earned money and continuing with my day to day life as I would anyways seems like a risk I'm willing to take to make it big

what stock

Ok, thanks. But that makes you a gambler user. You might as well go to a Vegas casino table. What you do has absolutely nothing to to with investing.

6 more months to collect cheap stocks? i'm literally gonna retire in 5 years right?

If the economy is not function, what can drives prices up except inflation?

A bit yes. But more on the poker table than at the Roulette. I prefer the term speculating, as it's not quite as random as gambling

youtube.com/watch?v=Yg_rf2d894k

Dude the US is going to get outbreaks like you wouldn't believe

I went short last Friday in a big oil company and a big airline company. But I'm not a retarded, I always use the 2% account size maximum risk rule.

dont suicide user ok ? just leave the country when you lose everything ok ?

>all in
>2x

Do you realize that people like me make a lot of money off dumb gamblers like you? And yet we are on this same board?

We'll see, godspeed!

That’s a man.

Options 4-6 months out. HOLD.

I wouldn't care

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The clear trend is down.

You should have just bought puts