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There are a whole community of trading degenerates who trade 0-days till expiration (0dte) options all day long. Some of them claim they make money with black
by narrator 2y ago
There are a whole community of trading degenerates who trade 0-days till expiration (0dte) options all day long. Some of them claim they make money with black box algos. Those options move a little too fast to trade as a human unless you sit there with your finger on the sell button all day long.
- Waterluvian 2y agoI wonder if this is more about lighting up the gambling addiction thrill seeking and whatnot part of the brain than it is really about getting rich quick for some individuals.
- ryandrake 2y agoA lot of Investing is just a legitimized, sanitized, gentlemanly form of gambling. Definition: “placing a monetary wager on an uncertain future event.” Instead of professional gamblers sitting at a poker table in dirty casino that smells like smoke, you’ve got professional gamblers sitting in Goldman Sachs Or Morgan Stanley doing the same thing. Instead of firing up DraftKings, youre firing up eTrade. It’s the exact same thing but we pretend things like options trading are a respectable part of the economy because Ivy Leaguers do it.
- deleted 2y ago[deleted]