Rates are crashing and fuel to the moon!

Discussion in 'Ask An Owner Operator' started by Kenworth6969, Mar 3, 2022.

  1. HaulinConestoga

    HaulinConestoga Light Load Member

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    Hey what was that book you recommended a while back?
     
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  3. Midwest Trucker

    Midwest Trucker Road Train Member

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    I thought of you yesterday during that blood bath and was hoping you did ok.
     
  4. supergreatguy

    supergreatguy Road Train Member

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    thanks! Maybe you sent luck. I play 100% unbiased. If the market is bear, I play short. If it’s bull, I go long. I hold nothing overnight so I care 0% about market conditions. So for today I entered at the peak and sold near bottom. Betting that the market DROPS.

    also Midwest! Big fed meeting next week on the 21st. Keep your eyes peeled, potentially a drop to the 370s level on SPY. Rate hike of 1bps high chance

    fed ex just dropped 15% after market too (massive for fed ex) Any fed ex drivers, keep your resumes open, they cuttin cost
     
    Last edited: Sep 15, 2022
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  5. supergreatguy

    supergreatguy Road Train Member

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    i can’t remember recommending anything, but if it helps I play options on spx/spy. If you go that route learn on paper trading first. On my first position today I was down $250 then up $650 in 15 seconds. Not for the faint of heart
     
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  6. ProfessionalNoticer

    ProfessionalNoticer Road Train Member

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    Couldn't have said it better myself. What's happening is finally becoming mainstream knowledge. I've been following this movement of theirs for decades. When I first learned what was happening it was considered, "conspiracy theory" now they're so audacious they throw right in your face. Those who choose to keep their head in the sand will be under boots and their kin will curse them for their apathy.
     
  7. KrumpledTed

    KrumpledTed Medium Load Member

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    Yeah that about sums up people of your type.

    This place sure does have it’s share of Karen’s these days.
     
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  8. AsphaltFarmer

    AsphaltFarmer Medium Load Member

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    You mentioned you don't hold anything overnight in another post so is that considered day trading? Also how long have you been doing that and what is your profit or loss since you started after paper trading? Also, what platform do you trade on?
     
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  9. supergreatguy

    supergreatguy Road Train Member

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    I never hold anything over night on my day trade set up. I’m all cash by 2:59pm cst. I’ve personally never paper traded. I started last year early with 3k and turned it into 20k (lost 10k on that) started another account with $150 and turned it into $6.7k. All of that was me learning how to trade. Started again this year and currently up 234k, shooting for 400-500k end of year. I use Webull for actual trading, and use tradingview/Webull for charts

    to clarify the daytrading part, I only use cash account style. Meaning that I can use my settled cash unlimited. I use NO margin. Options will settle your cash next day, stocks will settle after two days. If day trading. If your wanting a margin account you have to maintain above 25k daily to have unlimited trades ON MARGIN. (Don’t use margin imo)

    lastly, if you’re interested in it for real. Have a day trading and long term account separate. Use the profits in the day trade account to fund your long account and earn dividends off the long account for your yearly income. Hold blue chip stocks in your long term account and constantly buy on super red days/weeks/months. Imo, a perfect trio to ensure you don’t ever need a job is to have a well funded day trade account (20k-50k daily balance with 3 reloads (60k-150k on hand), a consistently (monthly) funded long term account, and a monthly buy of gold/silver.
     
    Last edited: Sep 15, 2022
  10. Opus

    Opus Road Train Member

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    And so why are you posting on a truck drivers board?
    One would think that your family is in a different place.
     
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  11. JonJon78

    JonJon78 Road Train Member

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    I should have bought a Van!!!!

    20220915_180342.jpg
    20220915_180247.jpg
     
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