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Cryptos are becoming mainstream Of couse they are. Take a look at this. El Salvador has officially adopted bitcoin as legal tender. Why Are Athletes Demanding To Be Paid In Bitcoin? Here’s Why Big Banks Are Going All In On Crypto: Should You Follow Suit? ** TL:DR - we are talking about JPMorgan Chase, Wells Fargo and Goldman Sachs Banks Tried to Kill Crypto and Failed. Now They’re Embracing It (Slowly). WTF are cryptos Simply put, a crytocurrency is a form of digital payment that isn’t depended on a central montetary authority such as the government. Everyone owns it. We can get technical and talk about blockchains and such, but I’d rather not. If you’d like to learn more about the technicality of cryptos, this article is a good start. ...

options and the power of options According to this site, Options are essentially contracts between two parties that give holders the right to buy or sell an underlying asset at a certain price within a specific amount of time. There’s quite a bit to learn about options. I’ve been trading options for nearly 5 years and I can tell you I’ve only scratched the surface. Here, I am doing two things to help you. ...

Don’t believe me? See these pictures Here’s YTD stats: TD ⬆️ 29.5% RY ⬆️ 27.5% CM ⬆️37.46% NA ⬆️ 45.15% BMO ⬆️ 44.74% BNS ⬆️ 21.78% HCG ⬆️ 46% Compare that to the high techs: AAPL ⬆️ 17.8% TSLA ⬆️ 48% NVDA ⬆️ 126.7% MSFT ⬆️ 55.7% Everyone is taking about inflations. That’s great. You may want to read this article to understand how banks make money. “Banks categorize their revenue into two broad areas based on how it is generated – net interest income and non-interest income. ...

SPY 2022 $500

#TheStrat learning guide Since I discovered #finwit, I’ve been consistently spending quite a bit of time on twitter trying to hone my trading skill. I recently came across something called the #theStrat. I’ve backtested the strategy with many old charts and I was suprised by how well it has worked. As I am trying to get better at #theStrat, I realized there’s so much unstructured information on the internet and it could become overwhelming for someone trying to learn it. I am hoping the following guide can help the new great trader, like you. ...

If there’s a stock that you think will go up and you are more than happy to buy it at a lower price, this is the strategy for you. A risk-reversal is an option position that consists of being short (selling) an out of the money put and being long (i.e. buying) an out of the money call, both with the same maturity. A risk reversal is a position which simulates profit and loss behavior of owning an underlying security; therefore it is sometimes called a synthetic long. This is an investment strategy that amounts to both buying and selling out-of-money options simultaneously. In this strategy, the investor will first make a market hunch; if that hunch is bullish he will want to go long. However, instead of going long on the stock, he will buy an out of the money call option, and simultaneously sell an out of the money put option. Presumably he will use the money from the sale of the put option to purchase the call option. Then as the stock goes up in price, the call option will be worth more, and the put option will be worth less. ...

I am doing an experiment in my training trading account with Interactive Brokers . I purchased these LEAPs at the beginning of 2020. AMD $60 calls trading at $7.20 , breakeven $67.20 TSLA $600 calls $62.85 , breakeven $662.85 BYND $120 calls $21.85 , breakeven $141.85 AAPL $330 calls $28.95 , breakeven $358.95 How have them performed? Well, apple did a split and is at $150. Tsla is over $1000. AMD is at $150. ...