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Thread: The End is Nigh (again)

  1. #17
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    Re: The End is Nigh (again)

    Quote Originally Posted by Baratheon View Post
    All these predictions of crashing and then an ultimate rise, how much of this actually happens? this kind of up and down predictions makes me wonder if it isn't so risky trying something like: http://www.binaryoptionstrategy.eu
    . If chance is inevitable than why not?
    Playing with options is akin to gambling. But the leverage means that you can make (and lose) a lot of money. Someone on r/wallstreetbets managed to turn $900 into $125000 by buying puts during this recent downturn. Not sure if I believe it though.https://www.reddit.com/r/wallstreetb...le_up_to_122k/

    Yeh I think I'll just stick to index funds.

  2. #18
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    Re: The End is Nigh (again)

    Open the floodgates and get this fixed.

    Scrap min wage.
    Make benefits purely existance.

    Job done. Near full employment and we can NO over the rest of europe with cheap exports!

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    Grumpy and VERY old :( g8ina's Avatar
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    Re: The End is Nigh (again)

    abaxas, please mind the veiled sweary stuff.
    Cheers, David



  4. #20
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    Re: The End is Nigh (again)

    Am I not allowed to talk about the rag trade?

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    Thumbs up Re: The End is Nigh (again)

    Quote Originally Posted by AzumaKazuma View Post
    Playing with options is akin to gambling. But the leverage means that you can make (and lose) a lot of money. Someone on r/wallstreetbets managed to turn $900 into $125000 by buying puts during this recent downturn. Not sure if I believe it though.https://www.reddit.com/r/wallstreetb...le_up_to_122k/

    Yeh I think I'll just stick to index funds.
    Thanks! I will look into this.

  6. #22
    Seething Cauldron of Hatred TheAnimus's Avatar
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    Re: The End is Nigh (again)

    Quote Originally Posted by Baratheon View Post
    Thanks! I will look into this.
    Just FYI but I know that a fairly major player in that game (not naming any names) has about 70% of it's clients loose money.

    So yeah, please keep that in mind.
    throw new ArgumentException (String, String, Exception)

  7. #23
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    Re: The End is Nigh (again)

    Quote Originally Posted by Baratheon View Post
    Thanks! I will look into this.
    BTW the guy turned out to be paper trading and fabricating most of the trades.

    Also with the recent volatility and rally in the markets, a whole bunch of people just got burned when their puts dropped to near zero.

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