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La Bamba
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In reply to ag94whoop • 1:04p, 4/22/21
AG
ag94whoop said:
PWestAg18 said:
Do these proposed capital gains taxes apply to housing as well?

If so then great job "making the wealthy pay their fair share" then taxing the ever loving **** out of middle class America's largest asset.
its never been about the wealthy. Thats just how they spun it to gain power.

And to think that there are so called "educated Americans" that voted for these idiots.
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Brian Earl Spilner
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In reply to $30,000 Millionaire • 1:04p, 4/22/21
AG
$30,000 Millionaire said:
this is overdone. it's proposed, not taken up by congress, and not voted on. Also no determination of when it would take effect.

Just SOH and let this play out.
Exacty. Sigh.
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FJ43
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1:05p, 4/22/21
Bought some SPY 4/30 416c. Small.
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trip98
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In reply to $30,000 Millionaire • 1:06p, 4/22/21
AG
$30,000 Millionaire said:
ag94whoop said:
$30,000 Millionaire said:
ag94whoop said:
damn freaking Biden economy!!!

had a great day building and it went to **** in a heartbeat

was up 25% on FUBO calls and dropped to 50% loss and had to exit. all in like 15 min
why did you sell at the dead lows? It's an algo flush.
I told myself I wouldnt keep if it went below 50% and so I sold. Trying to learn not to hold. When I hold it keeps falling, when I sell it bounces. Obviously I still have a to to learn.
I am only doing this to teach you, not to try to make you feel bad.

bro, if you look at the 1 minute, this looks really scary (but look how it's recovered). Look at this move in the context of the 1 hour. FUBO is still up 5% on the day. You can't get shaken out like that and expect to make money trading.




Also I'll add watch your entries. What time did you enter FUBO calls and how that compares to when OA1 posted. Assuming that's what prompted you to enter.
I got in a couple hours after he posted and at 1.75 right at close yesterday so he was probably lower. Even with the drop this afternoon I'm still up 0.25.
Maybe you got in too late?
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Aggie_2463
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1:07p, 4/22/21
AG
Anyone still trading REI?

$1.92
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Jet Black
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1:10p, 4/22/21
Thoughts on MARA? Bail or hang in?
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$30,000 Millionaire
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1:10p, 4/22/21
AG
next 2 one minute candles are crucial for the scalpers.
You don’t trade for money, you trade for freedom.
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agcrock2005
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In reply to $30,000 Millionaire • 1:11p, 4/22/21
AG
$30,000 Millionaire said:
ag94whoop said:
$30,000 Millionaire said:
ag94whoop said:
damn freaking Biden economy!!!

had a great day building and it went to **** in a heartbeat

was up 25% on FUBO calls and dropped to 50% loss and had to exit. all in like 15 min
why did you sell at the dead lows? It's an algo flush.
I told myself I wouldnt keep if it went below 50% and so I sold. Trying to learn not to hold. When I hold it keeps falling, when I sell it bounces. Obviously I still have a to to learn.
I am only doing this to teach you, not to try to make you feel bad.

bro, if you look at the 1 minute, this looks really scary (but look how it's recovered). Look at this move in the context of the 1 hour. FUBO is still up 5% on the day. You can't get shaken out like that and expect to make money trading.



What is this software and how do I learn how to use it to become a 30,000 Millionairre? Seriously though have a good chunk of money in the market now and want to not **** it up.
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Irish 2.0
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In reply to Jet Black • 1:11p, 4/22/21
Jet Black said:
Thoughts on MARA? Bail or hang in?
Anything that deals with crypto is a crapshoot right now it seems. If that Yellen proposal on crypto is accurate, oh ****
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Jet Black
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In reply to Irish 2.0 • 1:12p, 4/22/21
Irish 2.0 said:
Jet Black said:
Thoughts on MARA? Bail or hang in?
Anything that deals with crypto is a crapshoot right now it seems. If that Yellen proposal on crypto is accurate, oh ****


Yep
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Farmer @ Johnsongrass, TX
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1:13p, 4/22/21
Wonder how many people hit those "eject" buttons on their positions after the capital gains news. I forget what site offers that feature.
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Irish 2.0
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1:13p, 4/22/21
1.9MM on AMZN 5/21 3400C at 84.5
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$30,000 Millionaire
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In reply to agcrock2005 • 1:15p, 4/22/21
AG
this is think or swim.
You don’t trade for money, you trade for freedom.
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McInnis 03
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1:18p, 4/22/21
AG
I can't find a legit source on the yellen crypto stuff
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FJ43
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In reply to Farmer @ Johnsongrass, TX • 1:18p, 4/22/21
Farmer @ Johnsongrass, TX said:
Wonder how many people hit those "eject" buttons on their positions after the capital gains news. I forget what site offers that feature.
IBKR. Hope I never have to use that.

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rodan85
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In reply to Farmer @ Johnsongrass, TX • 1:19p, 4/22/21
AG
Farmer @ Johnsongrass, TX said:
Wonder how many people hit those "eject" buttons on their positions after the capital gains news. I forget what site offers that feature.
IBKR has the eject button.
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ac04
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In reply to McInnis 03 • 1:19p, 4/22/21
McInnis 03 said:
I can't find a legit source on the yellen crypto stuff
that's because the tweet is satire
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jimmo
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1:22p, 4/22/21
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Mostly Foggy Recollection
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1:23p, 4/22/21
Panama, looking more attractive by the day.
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ag94whoop
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In reply to ac04 • 1:24p, 4/22/21
AG
ac04 said:
McInnis 03 said:
I can't find a legit source on the yellen crypto stuff
that's because the tweet is satire
someone needs to get that clarification out there because it crashed crypto related stocks
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Farmer @ Johnsongrass, TX
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1:25p, 4/22/21
FJ43 and rodan85 - thanks for those answer. I wish Fidelity had that. I won't even ask Vanguard, the silence over the phone line after the request would be deafening.
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ac04
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1:25p, 4/22/21
everything is crashing thanks to biden, not some dumbass tweet
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Agvet12
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1:27p, 4/22/21
AG
Well this sucks coming back from lunch lol

I was setting up the vix for June calls late today into tomorrow and it's rocketed up and destroyed my gains on the day.

Looks like Biden made go away may come early this year
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Kampfers
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In reply to Michael Cera Palin • 1:29p, 4/22/21
AG
PWestAg18 said:
Do these proposed capital gains taxes apply to housing as well?

If so then great job "making the wealthy pay their fair share" then taxing the ever loving **** out of middle class America's largest asset.


I mean, I hardly am a proponent of the tax increase. But it's incredibly disingenuous to act like this is taxing the ever loving **** out of the middle class. If you have capital gains of more than 1 mill per year (good for you, btw!), you ain't middle class
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Agvet12
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In reply to Kampfers • 1:31p, 4/22/21
AG
Kampfers said:
PWestAg18 said:
Do these proposed capital gains taxes apply to housing as well?

If so then great job "making the wealthy pay their fair share" then taxing the ever loving **** out of middle class America's largest asset.


I mean, I hardly am a proponent of the tax increase. But it's incredibly disingenuous to act like this is taxing the ever loving **** out of the middle class. If you have capital gains of more than 1 mill per year (good for you, btw!), you ain't middle class


Last part of politics - those who this is aimed at don't structure their payments to get taxed by this.... this will fall on the middle class.

That said - I'm stumped on ideas atm, have a chunk of cash on the sidelines I was looking to buy dips for my long DIV positions so might start doing that
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Michael Cera Palin
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In reply to Kampfers • 1:31p, 4/22/21
AG
That's fair
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$30,000 Millionaire
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1:32p, 4/22/21
AG
I went ahead and closed my scalp because I can't watch it any longer. I think this has fair odds to continue back to SPY $414 at least. In at $4.40, out at $4.92 on the 411C

Solid 10% in 15 minutes.
You don’t trade for money, you trade for freedom.
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Agvet12
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In reply to $30,000 Millionaire • 1:33p, 4/22/21
AG
$30,000 Millionaire said:
I went ahead and closed my scalp because I can't watch it any longer. I think this has fair odds to continue back to SPY $414 at least. In at $4.40, out at $4.92 on the 411C

Solid 10% in 15 minutes.


Who was the rook looking for model T? Seems like a good day to see it in action on most stuff lol
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SF2004
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1:34p, 4/22/21
AG
Up about $500 in my small account to down $100.

Thanks Biden.
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HoustonAg2014
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1:34p, 4/22/21
AG
Can someone explain because I am missing something.

Was this 43% on long-term capital gains?
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FTAG 2000
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In reply to Kampfers • 1:37p, 4/22/21
AG
Kampfers said:
PWestAg18 said:
Do these proposed capital gains taxes apply to housing as well?

If so then great job "making the wealthy pay their fair share" then taxing the ever loving **** out of middle class America's largest asset.


I mean, I hardly am a proponent of the tax increase. But it's incredibly disingenuous to act like this is taxing the ever loving **** out of the middle class. If you have capital gains of more than 1 mill per year (good for you, btw!), you ain't middle class
That's just the headline.

Read the full proposal - he wants cap gains for everyone to go to their tax bracket rates.

This would hit anyone who invests pretty hard.
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Mostly Foggy Recollection
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1:37p, 4/22/21
A wise government, regardless of party, will focus on expenditures and not revenue.

The idiots who think the wealthy will pay more in the future have no economic sense and probably shouldn't be allowed near a voting booth.
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fightintxag13
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1:38p, 4/22/21
AG
Model T on SPY from the initial news drop is at 413.92.
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Mostly Foggy Recollection
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1:39p, 4/22/21
I'm up a whopping 1,900 bucks today. Those hedges worked liked a charm.
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One time at Banned Camp
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In reply to Brian Earl Spilner • 1:39p, 4/22/21
Brian Earl Spilner said:
$30,000 Millionaire said:
this is overdone. it's proposed, not taken up by congress, and not voted on. Also no determination of when it would take effect.

Just SOH and let this play out.
Exacty. Sigh.
You're on the record for supporting Biden and wanting "unity" after the election. You were blinded by ideology and you, as well as us all, will pay for your mistake.

You're investing in the market so you're not ignorant, perhaps you need to reevaluate your priorities. Stop being a pawn.
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