BC TRADING
Saved by @Mollyycolllinss

1/

This whole thing is SO shady for so many reasons.

GameStop shares continue their rapid fall back toward earth, along with AMC Entertainment and Express

 2/

A Reddit forum has played a big part in this.

Let's start there.

How r/WallStreetBets gamed the stock of GameStop https://t.co/PD7JS4F0FE
3/

🇨🇳
February 2019

"Chinese tech giant Tencent now plans to lead a new Series D funding round for Reddit, the social news forum plagued by controversy over the past decade."

Tencent Buys Stake In Another U.S. Social Network -- Reddit https://t.co/Jfu170yrKC
4/

🇨🇳
Tencent, the world's largest video game vendor, invested in a company, Reddit, which is *banned in China*?

Weird.🤔

Reddit, Banned in China, Is Reportedly Set to Land $150 Million Investment From a Chinese Censorship Powerhouse https://t.co/uEiuj0Izx8
5/

These guys that are under investigation.

🇨🇳
U.S. government reportedly looking into 'League of Legends' owner Tencent's gaming stakes https://t.co/eiSB0fgXQb
6/

Robinhood is another key player in this.

Reddit and Robinhood gamified the stock market, and it’s going to end badly
https://t.co/aZiNkIrcLK
7/

"Vlad Tenev, Robinhood's co-CEO and co-founder...was born in Soviet-era Bulgaria."

Inside Robinhood, the free-trading app at the heart of the GameStop mania
https://t.co/L5msh28XaH
8/

🇷🇺
February 2018

"Online brokerage startup Robinhood raised $363 million in a new round of funding led by Russian billionaire Yuri Milner’s investment group DST Global."

Free trading app Robinhood raises $363 million, valuation soars to $5.6 billion
https://t.co/5oy9e4lXOr
9/

Milner again.

🇷🇺
April 2017

"Commission-free trading startup Robinhood has raised $110 million in a round led by Russian billionaire Yuri Milner’s investment group DST Global."

Trading startup Robinhood raises $110 million in new funding round
https://t.co/EsvidTryAT
10/

And a Kushner.

"A venture fund run by Josh Kushner, brother of the son-in-law of US President Donald Trump, has joined a new funding round for Robinhood..."

Kushner venture fund helps turn Robinhood into a unicorn https://t.co/OfJo5Lh3ZF
11/

Now GameStop. Bad deal.

"From declining sales to shuttered stores, the underlying value of this company is still questionable, and stock gains don't change that."

Ignore the Reddit-fueled spike, GameStop is actually still in trouble
https://t.co/MexHBk791f
12/

How about AMC Entertainment, another stock involved in the mayhem?

Oh.

🇨🇳
May 2012

China's Wanda to buy U.S. cinema chain AMC for $2.6 billion
https://t.co/JWsNaaVLZ3
13/

Nothing to see here.

🇨🇳
AMC's Disgraced Chinese Owner Wins Big in the GameStop Frenzy
https://t.co/h1vzld0qkh
14/

Yikes.

AMC Theatres Warns It Could Run Out of Cash in Early 2021 https://t.co/zycuQRLgps
15/

Express?🧐

Wexner.

"...capitalizing on the heyday of shopping malls first with the 1980 launch of Express, which catered to a slightly younger clientele than the Limited."

Jeffrey Epstein’s only known client was the man who owns Victoria’s Secret
https://t.co/XZJDCK4LA7
16/

Well, you get the idea.

December 2020

Express Lays Off 10% of Workforce at Corporate Headquarters
https://t.co/MbGbpnGPBm
17/

Good - release the hounds.

https://t.co/WPFPzFTyOW

More from Trading

I have to wear shoes? \U0001f339
I have to wear shoes? ...
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A thread about GameStop:

Big hedge funds made big bets that GameStop’s stock was overvalued. The way these bets work is the hedge fund borrows shares of the stock and sells those borrowed shares.

When it comes time to give the borrowed shares back, they buy them on the market, hopefully at lower prices. For example, they might sell the borrowed share at $50, hoping to be able to buy the share back at $30, to make a $20 profit. This is called shorting.

The hedge funds were so sure that GameStop was going down, that GameStop was the most shorted stock on the market. 140% of the shares in existence were “borrowed.” Imagine Bob borrows from Jane who borrows from Sue who borrows from John.

Shorting is risky, but the hedge funds were so sure that they just didn’t even care. People on Reddit realized this and basically thought “what if we all just bought shares and refused to sell them when the hedge funds need to give their borrowed shares back.”

The price goes up, the hedge funds are forced to buy back the expensive shares and lose money. Except the hedge funds kept doubling down as the price rode up, expecting that it would eventually fall. The Redditors weren't scared off and with "diamond hands" refused to sell.
TRADING
Trader knight
Trader knight
@Traderknight007
"A trend once established, is more likely to continue than it is to reverse"

A thread on Trend (Market structure)-


A trend is a path of least resistance, basically the side where the smart money is betting upon.

And our work is to be on their side, to make some money.

Why do we use trend?

In an uptrend, the sum of the rallies will always be greater than the sum of the declines.

In a downtrend, the sum of the declines will always be greater than the sum of the rallies.

How to Find the trend?

There are 3 methods which one can use-

1. Swing points method.
2. Moving averages.
3. Trend lines, channels.

1. Trend identification by using swing points-

• UPTREND in simple words - Higher highs, higher lows

• DOWNTREND in simple words - lower lows, lower highs.


• Flat trend - The price stays in a range
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Cem Karsan \U0001f950
Cem Karsan 🥐
@jam_croissant
1/x Vanna is back & ready to turn back on the charm! Overnight the market hit our weeklong target of **3705 and pulled back... We were able to take profits & play for a bit of morning digestion. It’s been a nice +3.5% in a week w/a few extra scalps along the way...But the best


2/x part has been the gift of Vol compression, which along w/ short Vol profits, has given us significant calendar expansion & dispersion opps, as predicted. I expect this to continue this week as well, as Ivol oversupply should continue to be the dominant force until 12/11.This,

3/x paired w/ the significantly increasing Vanna & Charm flows, will make it hard for any decline until 12/14 to catch meaningful momentum. This said, the narrowing of 20 day RVol as well as the 2 stddev of the 20 day just overhead should cap any rallies, given the dramatically

4/x overextended retail (8-day SMA of P/C equity is the lowest in 20 years) & institutional positioning. This push/pull, should ultimately keep the market fairly pinned this week...Jan 8th call’s on back are incredibly cheap w/ a GA runoff event straddle of only $55, which given

5/x the potential macro-cyclical consequences of the next 2 years of fiscal stimulus seems absurd...& In terms of a more short term trade,Tesla Vol is either too high or 12/18 on back calendar spreads in the SPX are too low, as there’s no premium being priced in for the inclusion
TRADING
Trader knight
Trader knight
@Traderknight007
"90% of the traders lose money, But do they lose it all the time?"

Most of them do make money, its just that they give it all back.

Lets analyze why and how a trader makes and loses money
[Thread]:

Below is the equity curve which is most traders dream.


This is equity curve of an average trader:

Most traders do make money, but they give it back to the markets .

Because of trading errors.

What are trading errors?


Trading errors are those errors which happen because of wrong Position sizing, Leverage , etc.

I am not making this up, check your P&L, 90 % of your losses would have come from less then 10% trades.

Most of these happen because of No knowledge, No plan, bad position sizing .

Now, we know what's the problem, lets talk about the solution.

1. Learn the Basics first-

If you don’t get the basics clear then how can you make money?

Learn How to use Support and resistances
Learn How to use trend lines
Learn about trend, it will solve 90% of your problem
TRADING
Emperor\U0001f451
Emperor👑
@EmperorBTC
CHEAT-SHEET

Multiple Confirmation short.

A Short Entry that we shared in 2020.

Study it point wise.

1. Bearish Candle type and lowering of volume on Price rise.

2. OBV divergence.

3. Accumulation with Bearish candles and Volume increase on Price decrease.

STUDY IT!


Explanation

1. When price increases with a decreasing volume, it's bearish.

2. OBV, On Balance Volume should be correlated with price.
If price increases without similar increase in OBV, it's bearish.

3. During consolidation, if the volume increases during dumps, it's bearish
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A distillation of what @naval said on Clubhouse last night:

What you call chaos I call spontaneity.

A regimented life is like a heartbeat that's non-chaotic; it's a system that’s too ordered. It doesn't have any life to it. And real life has lots of ups and downs, some of them very extreme.

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If nothing else, 2020 taught the power of optionality.

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The world is dominated by nonlinearities, so understanding options value is far more important.
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A thread on the life and achievements of Muhiyudin Sayyid Abdul Qadir Jillani RadiAllah who served Islam infinitely as the Reviver (Mujadid) of the 11th Century!


Muhiyudin Sayyid Abdul Qadir Jilani (RA) was one of the greatest Islamic Saint, Scholar, and Jurist. The honorific Muhiyudin denotes his status with many Sufis as a "reviver of religion". Jilani refers to his place of birth. He also carried the epithet Baghdadi.

[1]

Sheikh Abdul Qadir Jilani was born on the eve of the 2nd of Ramadan 470 AH. His birth was a great blessing for the Ummah. It was the arrival of the Sultan al-Awliya (King of the Awliya) of that era, which had been foretold for centuries before his birth.

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When Hazrat Abdul Qadir Jillani was asked by someone what brought him to his high spiritual level, he said, The truthfulness which I promised to my mother. He related the following story:
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She joined the freedom struggle in the present-day Northeast India. Today, her struggle is lost in history as most of her countrymen wouldn’t even have heard her name. B'coz our history textbooks tell us that only Mahatma Gandhi &Pandit Nehru got India its Independence.


At 16 yrs of age, this valiant girl was sentenced to life imprisonment for leading a movement to drive out the colonial rulers from Manipur and Nagaland. Nevertheless, she was released in 1947 after India’s independence and was given the title ,"Rani of Nagas".


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@SeekerIIIII
Act of 1871
This is Long but it will end with a BOOM

With no constitutional authority to do so, Congress created a separate form of government for the District of Columbia, a ten-mile square parcel of land (see, Acts of the Forty-first Congress,”

Section 34, Session III, chapters 61 and 62).
The act — passed when the country was weakened and financially depleted in the aftermath of the Civil War — was a strategic move by foreign interests (international bankers) who were intent upon gaining a stranglehold on the coffers

and neck of America.
Congress cut a deal with the international bankers (specifically Rothschilds of London) to incur a DEBT to said bankers. Because the bankers were not about to lend money to a floundering nation without serious stipulations, they devised a way to get their

foot in the door of the United States.
The Act of 1871 formed a corporation called THE UNITED STATES. The corporation, OWNED by foreign interests, moved in and shoved the original Constitution into a dustbin.

With the Act of 1871, the organic Constitution was defaced — in effect vandalized and sabotage — when the title was capitalized and the word “for” was changed to “of” in the title.
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