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Originally Posted by ToothSayer
You seem a litlte butthurt bro. A lot of people don't agree with you. Why wouldn't you want to bet them? Seems weird.
Until I see your portfolio, I'm near certain I am a more successful trader than you are because you don't seem to understand it is not possible to beat the market consistently for 500% a year. It's really really difficult and time consuming to beat the market long term at all. I know you probably aren't old enough to have experienced a bear market yet, but you will one day, and then maybe you'll have one of those moments of enlightenment and turn into a poster with thoughtful brevity instead of a pedantic blowhard.
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You'd be a millionaire in a few years, not a billionaire. 5x5x5 = 125x. WITH risk of ruin. Without risk of ruin, maybe 50x.
Depends on your contributions. You seem to think the cap for 500% gains is 150k or whatever earlier number you pulled out of your ass.
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So I'm taking horrible trades according to you, am a bull****ter, have zero skill, zero chance of having the edge I'm betting, but you don't want to bet? Are you a coward or a loser? I can't decide which. I mean, this is a gambling forum, and we all look for +EV edges, right? You're getting a great edge here according to your reasoning.
No, because this is not a long term bet. You're conflating whatever this years result is with your long term potential. It's an isolated event in one of the greatest bull markets in history. My ****ing grandmother could make money in this market.
If you wanna bet on 500% long term gains I will literally bet you any amount.
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There are multiple people who can make 500%/year up to the millions, which is all that matters for most people here. It's not even that hard. That you think the number is zero is comical. I have to say I really appreciate the extreme butthurt you feel that you caps, underline, italicized, and double bolded (lol) the below:
People win the lottery too. The number of people that can reliably return 500% a year is
zero. That's not the same thing as the number of people that can return 500% in one year. I hope you see the difference now. You seem to be implying in your posts that this one year result is indicative of your long-term alpha. As people have written earlier, no one can be that stupid. It's a fun bet, decent. Have at it.
P.S.- Bold, italics, and underline are used for emphasis. I know it's hard for an expressionless autist to comprehend that, but do try. End derail. No more posting for me.