2/
A couple days back, I wrote up my best understanding of what happened with /r/wallstreetbets and meme stocks like Gamestop, trying to show how all the different, seemingly contradictory takes on the underlying financial stuff could all be true.
https://t.co/xWzre4r0Yj
1/

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Let's start with Jimmy Carter.
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That was a fringe proposition at best.
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The vast majority of Americans wisely prefered a guaranteed payout to a tax-advantaged gambling account.
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Who would do that voluntarily?
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I. It made companies more profitable. Guaranteeing that the workers whose labor made your company viable wouldn't spend their dotage starving and homeless is expensive.
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Marketization begat financialization.
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It's called Wall Street Bets for a reason.
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* Workers are forced to play the casino, and if their bets fail, they spend their old ages homeless and starving;
* The vast majority of casino games are wholly abstract - bets on bets on bets - and require layers of refs;
* the refs are all crooked.
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https://t.co/tNFjGSD95v
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For example, the total short position on Gamestop exceeds its total stock issuance.
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https://t.co/6eSpIv9pup
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But they're not the only ones who are right.
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First, because these stocks will all need to be converted to cash, and that means selling them.
https://t.co/YcGLFT3stc
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https://t.co/biDxNTjerI
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it's hard to say this without sounding like you stan for Cooperman or Griffin, but any retelling of the past week that doesn't tell you how, past the retail ignition, the rocket ship was mostly intra- fast money warfare, isn't telling you the truth
— zatapatique (@zatapatique) January 28, 2021
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https://t.co/eDrQxtMoVu
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Smith is right too.
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But here's how they can all be right - the "who cares" and the "goliath v goliath" and the "bubble" and the "Robinhood is a plutes' honeypot."
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If the meme stock spectacle gets us to pay attention to hearings that reveal the irredeemable rot of the system, then it's a unique chance to spread REAL "financial literacy."
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https://t.co/M8KOqi1GX8
eof/
More from Cory Doctorow #BLM
Inside: Thinking through Mitch McConnell's plea for comity; Further, on Mitch McConnell and comity; Understanding the aftermath of r/wallstreetbets; and more!
Archived at: https://t.co/1rRmrJa4FK
#Pluralistic
1/

Thinking through Mitch McConnell's plea for comity: A thoughtful analysis.
https://t.co/2T74ykb3Ws
2/

Hahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahaha https://t.co/ARlJ7vGOev
— Cory Doctorow #BLM (@doctorow) January 29, 2021
Further, on Mitch McConnell and comity: I thought about it some more.
https://t.co/mTQ225Lr3X
3/

Hahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahaha https://t.co/2T74ykb3Ws
— Cory Doctorow #BLM (@doctorow) January 29, 2021
Understanding the aftermath of r/wallstreetbets: Even if there's no angels, there's still a path to glory.
https://t.co/x7BaqUQ0hj
4/

A couple days back, I wrote up my best understanding of what happened with /r/wallstreetbets and meme stocks like Gamestop, trying to show how all the different, seemingly contradictory takes on the underlying financial stuff could all be true.https://t.co/xWzre4r0Yj
— Cory Doctorow #BLM (@doctorow) January 30, 2021
1/ pic.twitter.com/p4oiq2TdSg
#10yrsago Morrow’s Diviner’s Tale is a tight, literary ghost story https://t.co/XFW0AGFwhI
#10yrsago ATM skimmer that doesn’t require any modifications to the ATM
Inside: Planet Money on HP's myriad ripoffs; Strength in numbers; and more!
Archived at: https://t.co/esjoT3u5Gr
#Pluralistic
1/

On Feb 22, I'm delivering a keynote address for the NISO Plus conference, "The day of the comet: what trustbusting means for digital manipulation."
https://t.co/Z84xicXhGg
2/

Planet Money on HP's myriad ripoffs: Ink-stained wretches of the world, unite!
https://t.co/k5ASdVUrC2
3/

Back in November, I published an article for @EFF about @HP's latest printer-ink ripoff: after offering its customers a free-ink-for-life plan, it unilaterally switched them all to a $1/month-for-life plan.https://t.co/bsc73xPSuo
— Cory Doctorow #BLM (@doctorow) February 18, 2021
1/ pic.twitter.com/tagduPupA5
Strength in numbers: The crisis in accounting.
https://t.co/DjfAfHWpNN
4/

Accountancy is more likely to be mocked than celebrated (or condemned), but accountants, far more than poets, are the unacknowledged legislators of the world.
— Cory Doctorow #BLM (@doctorow) February 18, 2021
1/ pic.twitter.com/FaNQc66gQN
#15yrsago Bad Samaritan family won’t return found expensive camera https://t.co/Rn9E5R1gtV
#10yrsago What does Libyan revolution mean for https://t.co/Jz28qHVhrV? https://t.co/dN1e4MxU4r
5/

More from Trading
As this year comes to an end, here are the 11 most powerful threads on Subasish Pani exclusively compiled for you all.
Collborated with @AdityaTodmal
1/ Important concepts from Power of Stocks - Subasish
Important Concepts from Power of Stocks\u2014 Subhasish Pani
— Aditya Todmal (@AdityaTodmal) August 12, 2022
7+ years of trading experience in 14 tweets\U0001f9f5
Collaborated with @niki_poojary
2/ Important concepts with video links of Subasish
There are plenty of videos of Subhasish Pani from Power of Stocks.
— Aditya Todmal (@AdityaTodmal) April 17, 2022
You already know those.
Instead, here are 12 concepts from his videos that will make you a better trader\u2013\u2013not worse:\U0001f9f5
Collaborated with @niki_poojary
3/ The 5 EMA
Subasish Pani revealed the most simple, yet successful strategy: 5EMA set up!
— Nikita Poojary (@niki_poojary) July 3, 2022
Here is a thread of 23 video clips on the 5EMA set-up that will save you hundreds of hours and available to you for no cost!
5EMA set-up: \U0001f9f5!
Collaborated with @AdityaTodmal
4/ The Bollinger Band set-
A set up which has a minimum Risk/Reward (R/R) of 1:4
— Nikita Poojary (@niki_poojary) October 2, 2022
This set up can be used for intraday, option selling, option buying, as well as investing.
Maximum profit strategy by Subasish Pani.
Bollinger band set-up: \U0001f9f5!
Collaborated with @AdityaTodmal pic.twitter.com/aEIUVQF2XY
You May Also Like
Decoded his way of analysis/logics for everyone to easily understand.
Have covered:
1. Analysis of volatility, how to foresee/signs.
2. Workbook
3. When to sell options
4. Diff category of days
5. How movement of option prices tell us what will happen
1. Keeps following volatility super closely.
Makes 7-8 different strategies to give him a sense of what's going on.
Whichever gives highest profit he trades in.
I am quite different from your style. I follow the market's volatility very closely. I have mock positions in 7-8 different strategies which allows me to stay connected. Whichever gives best profit is usually the one i trade in.
— Sarang Sood (@SarangSood) August 13, 2019
2. Theta falls when market moves.
Falls where market is headed towards not on our original position.
Anilji most of the time these days Theta only falls when market moves. So the Theta actually falls where market has moved to, not where our position was in the first place. By shifting we can come close to capturing the Theta fall but not always.
— Sarang Sood (@SarangSood) June 24, 2019
3. If you're an options seller then sell only when volatility is dropping, there is a high probability of you making the right trade and getting profit as a result
He believes in a market operator, if market mover sells volatility Sarang Sir joins him.
This week has been great so far. The main aim is to be in the right side of the volatility, rest the market will reward.
— Sarang Sood (@SarangSood) July 3, 2019
4. Theta decay vs Fall in vega
Sell when Vega is falling rather than for theta decay. You won't be trapped and higher probability of making profit.
There is a difference between theta decay & fall in vega. Decay is certain but there is no guaranteed profit as delta moves can increase cost. Fall in vega on the other hand is backed by a powerful force that sells options and gives handsome returns. Our job is to identify them.
— Sarang Sood (@SarangSood) February 12, 2020