Michael Burry is Short But These Experts are Cynical: Chinese Trade Slowdown Bad for U.S. Banking Crisis—Trade Options with $5,000 Like This
Michael Burry is Short But These Experts are Cynical: Chinese Trade Slowdown Bad for U.S. Banking Crisis—Trade Options with $5,000 Like This
By:Eric Villa
Our best stories on YouTube this week
- A lack of trade with China could put pressure on the U.S. regional banking crisis.
- If you want to trade options with $5,000, follow these rules.
- Our CEO (no, not Tom Sosnoff) has a message for the ambitious.
- Yes, Michael Burry is bearish. He also doesn’t know anything (nobody does).
Trouble in China is trouble in the U.S.
While 2023’s stock market performance may provide an illusion of comfort, the U.S. is not out of the woods. If the embers of a Chinese economic slowdown turn to full-blown flames, nearly every facet of American markets will feel the heat.
To understand how a slowdown in Chinese trade may create pressures on American bonds, banks and the stock market as a whole, be sure to watch the video above.
Profitably trading $5,000 in four steps (Options for Beginners 2023)
Everybody has to start somewhere! On this week’s tastybites segment, Tom and Tony broke down the basics behind trading a small portfolio. Watch the full video above to get a deep dive on growing a small portfolio wisely. If you’re in a rush, here are some basic takeaways from the video:
- Account size plays a significant role in trading, as it influences underlying selection, capital allocation, number of positions, strategy selection, and premium.
- Trading on tastytrade allows small traders to trade with industry leading commissions, offering a more cost effective approach.
- Trading naked strategies, such as put calls and straddles, can be more challenging for smaller accounts due to high buying power requirements.
- It is important to adjust strategies and capital distribution for small account accounts, considering the limits and aiming for more risk-defined strategies, increased capital allocation per position, and reasonable return expectations.
The story of tasty’s CEO - JJ Kinahan’s tenets for success in business, trading and life
Every day in the market is different, and you're always learning. But if you ever start to think you're smarter than the market, it will quickly remind you that you're not. JJ Kinahan is known for his genius understanding of markets, his weekly blog posts (hint hint), and most importantly, his humble attitude. Watch the video above for his full story. From a scrappy 22-year-old trader to CEO of the most innovative company in fintech.
Winning big doesn’t mean winning often
tastylive is rich with expertise, experience and research. We have our finger on the pulse of market dynamics, macro themes and trade management, but what's the one thing we can’t do? Predict the future.
Making one good call in finance is enough to make you a rock star, but it’s a rookie mistake to think that means you're a hit factory. Tom Sosnoff and Dylan Ratigan broke down this logical fallacy on this week’s Truth or Skepticism.
Eric Villa is a YouTube specialist at tastylive.
For live daily programming, market news and commentary, visit tastylive or the YouTube channels tastylive (for options traders), and tastyliveTrending for stocks, futures, forex & macro.
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Options involve risk and are not suitable for all investors. Please read Characteristics and Risks of Standardized Options before deciding to invest in options.