I'm not talking particularly about today; just a thought in general if a full blown trade war were to actually happen. Like if Trump's line of thought was something like "well, the stock market has gained a lot in 2017, I can afford to enter into actual trade wars now and my constituents wouldn't mind so much, but the other countries can't afford to go into trade wars."

But yeah, the Chinese stock market would probably blow up harder than the U.S. market would in response to an actual full blown trade war.

There was a time when wrestling was actually entertaining, and it has nothing to do with age. Wth happened?

Development. Not sure if this will have legs, but I think it's what's moved futures off crashing lows. Two hours ago:

https://twitter.com/JeffFlake

Sure. He might be the first POTUS who plays 10-D chess.

lol.

anyone long any airline stocks before Delta and such report ? very negative news, but maybe they produce good numbers.. I have been looking to get into SAVE (38.10)/JBLU (19.39) , maybe this is the time.. thoughts?

oil markets lost connection 5 minutes before settlement after going down ~$4 today ($6 for brent). that was real neato. luckily there were hedges or i would have **** my pants.

Put a buy stop out for ISR just over past couple days hod. It can run. It had big runs in 2009 and 14.

This was a very special day! I am mostly only trading Wednesdays for the inventory report and this was the best one this year. I didn't trade any CL but was short both HO and RB and those breakouts to the downside just wouldn't quit and never gave a reason to cover until the close. I wish every day was like that

Bought the stock as well as hopped into a bunch of Intelsat calls expiring next week. Todays FCC news and 50% of the float being short makes me think the next leg in an epic squeeze could be coming up here shortly.

Thanks for the suggestions ibavly. I just started reading those books. I had made a long reply the day after but accidentally deleted. Was so bothered didn’t come back here for this long. Long story short I mainly wanted to say thanks, been a long time follower since your poker spin days and appreciate your posts, even though I’m just sit on the sides just reading and not engaging (until now at least )

Rhetorical questions are good, I’m still exploring what I want with trading. But obviously I would want smallest time frame possible to retire early and trade the format with highest ROI ceiling. Like poker, should choose Mtt’s for highest possible earnings. Would also want to get start out with team to be anxiety-free from losing own money and fasten learning curve.

Short term options have the highest ROI ceiling.

They're the best way to lose money if you're not skilled (99% you're in this category)
They're the best way to get rich if you have the temperament and intelligence for it (<1% are in this category)

You're probably 99.9% not to be a winner at it given that you're looking for ROI rather than looking for edges and then maximizing those edges. So I'd recommended doing some straight stock trading first. If you can pick delta reliably then put a very tentative finger into options with your winnings from swing trading stocks (and only with your winnings from swing trading stocks). And i you don't win over a large sample swing trading, you gonna get raped.jpg in options.

RIOT HVBTF ripping on Bitcoin bounce. Got some HVBTF

Analysts get a lot of **** and some of it is deserved but damn, making the financial media look silly. My favorite story from Barron's (Charlie is a fantastic fintwit follow btw & obviously this tweet is a little outdated)...

https://twitter.com/charliebilello/s...385537024?s=19

Edit: I suck at embedding for some reason.

Cheers and good luck!

To clarify for the newbies, you meant long options in the above.

To add a bit, if your wins aren't large enough to overcome the commissions and spreads at $14+ per round trip doing straight stock trading, you can still win using options, but only in the same manner as you can win your state lottery.

Well, okay then.

Between this, and making craptons of money trading options betting on Trump winning the presidency, steel tariffs and swing trading options based on NAFTA progress, perhaps I should've quit my job and become a full time political consultant.

Lol. I apologize for my 10d chess joke.

(I do stand by it, btw, but maybe he is a kung fu genius)

CVSI watch for continuation

nice rip again today. I got some last week. up like 30% atm. They filed for Nasdaq listing. Earnings are in about a week. Man that BGSF tho

Donk bot PYPL 1-mo calls today.

I hopped in some CWH Aug 20 puts this morning. CR warned about slowing RV sales and everything in the sector points to trouble. CWH also has been on a debt-fueled acquisition spree lately and could be in big trouble if these acquisitions don't pan out.

All out +36%

125b$ vanished in fb afterhour trading.
crazy.

This report isn't 22% down bad, definitely going to be some opportunities as a result of this. Using options helps mitigates some of these disasters but it still hurts nonetheless. The fake accounts that Twitter talked about haven't been discussed as much here and investment in security is a short term drain on growth when engagement in the main platform appears to be peaking. Instagram is still growing like crazy, do not forget the power of that platform.