Trading the stockmarket (NO Referrals)

[Sharkhouse]

Going to be an interesting year I think. I can see a case for a repeat of the roaring 20's as we come out of COVID but also possibly the beginning of a multi-year bear market, even a depression.
The current market valuations and market participants makes me more concerned of a top.

I think this is wise. Who can know to be honest. I certainly don't. Buffet however is accumulating an enormous amount of liquid cash. He certainly expects a bear market I think.

 

[Theophany]

paywall

Chicago-based Citadel Securities accounts for 40 of every 100 shares traded by individual investors in the US, making it the number one retail market maker, according to Piper Sandler. The company is a big buyer of customer trades from the leading US retail brokerages such as Charles Schwab and TD Ameritrade, which have slashed commissions to zero to keep up with fast-growing challengers such as Robinhood.

Citadel Securities pays tens of millions of dollars for this order flow but makes money by automatically taking the other side of the order, then returning to the market to flip the trade. It pockets the difference between the price to buy and sell, known as the spread.

Easy access to the market against the backdrop of wild swings in prices have led to higher trading volumes for stocks and options this year — increasing the raw material Citadel Securities uses to turn a profit. At the same time, the rise in volatility has forced spreads wider, increasing the potential income for market makers.

You can't beat the people who make the system.

e: also, get a paywall bypass addon for your browser!

 

[413x]

There's going to be horror stories on this one I think .
People who have gambled waay too much knowing waaay to little

 

[englishpremier]

paywall

Never understood why people thinks it's ok to share paywalled links.

GME over $200 still. Pretty sure most who go in on Monday will still be massively up.

 

[G-MAN2004]

They tried their hardest to sink it, but we're fighting back. I'm not jumping ship no matter what.

 

[MORE SPEED]

Volume is pathetic compared to yesterday. A few people have undoubtedly been scared off by the dip, but I don't think this is indicative of what's to come.

 

[Sharkhouse]

Never understood why people thinks it's ok to share paywalled links.

GME over $200 still. Pretty sure most who go in on Monday will still be massively up.

To be fair it doesn't appear for everyone. There's probably a bunch of people looking at it that caused it to trigger the pay wall

 

[Sharkhouse]

They tried their hardest to sink it, but we're fighting back. I'm not jumping ship no matter what.

Props to you bruh.
Just make wise decisions and don't spend more than you can afford to lose.

 

[413x]

Volume is pathetic compared to yesterday. A few people have undoubtedly been scared off by the dip, but I don't think this is indicative of what's to come.

Really? What out of interest do you think will happen?
You don't think it will stay up at these levels surely?

Genuinely interested in your view

 

[Sharkhouse]

There's going to be horror stories on this one I think .
People who have gambled waay too much knowing waaay to little

The Dunning Kruger monster has come out to play it seems.

 

[Ahleckz]

I think it's going to go back up...

I think we all got played.

 

[MORE SPEED]

Really? What out of interest do you think will happen?
You don't think it will stay up at these levels surely?

Genuinely interested in your view

I've already covered my initial investment, so I'm a bit bullish on this, however there are still a multitude of call options expiring tomorrow. Assuming the price remains above 115 all of the call options below that will expire in the money. In the short term I feel like it'll likely still spike again, but this is in no way a permanent thing.

The question is how much of this current rise is the shorters covering their positions?

 

[Casdawer]

It seems I have 0.98 GME so technically still in the game. Will see where it lands around 8:30 and just pack it in.

 

[413x]

I've already covered my initial investment, so I'm a bit bullish on this, however there are still a multitude of call options expiring tomorrow. Assuming the price remains above 115 all of the call options below that will expire in the money. In the short term I feel like it'll likely still spike again, but this is in no way a permanent thing.

The question is how much of this current rise is the shorters covering their positions?

Ah fair.
Yes. Anything could happen in short term. Was wondering if there were any of the view this can stabilise at these levels.

 

[Trig]

The way I look at it, even though I'm now down on GME and EXPR, across my entire 212 account I am up just over 33% as it stands now..

 

[Noxia]

NB: I know nothing and just fanny about as if this was betting on football I know nothing about.

I read an opinion that the price was artificially driven down (how I don't get) to make it look like mass sell offs but the volumes didn't reflect that. With the goal of making people panic and sell too.

 

[Sharkhouse]

Ah fair.
Yes. Anything could happen in short term. Was wondering if there were any of the view this can stabilise at these levels.

It sort of did with TSLA. A different situation to a large degree but it was still a short squeezed, hyperinflated fever dream.

 

[Martynt74]

NB: I know nothing and just fanny about as if this was betting on football I know nothing about.

I read an opinion that the price was artificially driven down (how I don't get) to make it look like mass sell offs but the volumes didn't reflect that. With the goal of making people panic and sell too.

It’s difficult to know what’s true and what’s crazy conspiracy theories isn’t it!

 

[G-MAN2004]

NB: I know nothing and just fanny about as if this was betting on football I know nothing about.

I read an opinion that the price was artificially driven down (how I don't get) to make it look like mass sell offs but the volumes didn't reflect that.

The shorters are selling borrowed stock to each other to drive the price down in an attempt to scare people into selling.

 

[Noxia]

It’s difficult to know what’s true and what’s crazy conspiracy theories isn’t it!

Yep, I have the utmost respect for those of you that learned the intricacies of this stuff. It's well beyond me and why I'd never use it as anything more than a bit of fun.