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Correct. This may help:


worldclock



.......While the other party makes his move on the world chessboard of trading.

lol, not even close.

Tell us more

Why do all the weird bitcoin haters like MVP always lie about me?

I've posted plenty of real time trade recommendations this year, which have crushed overall.
Advised coltrane to take 10% of the profits at $6000 if he was up 100x+. Solid advice.

coltrane seems like a poor thinker, his take on why gold is valuable was hilariously wrong. Doesn't mean the guy isn't a very solid gambler, he likely is.

All,
this is a year long bet for a reason. Unbunch your panties and let it play out. It's hilarious that the cucks are so desperate to get one over me that all they can do is go after a far-from-finshed bet months before it's over to try and land a blow. Swing and a miss, guys. My posted trades/recommendations this year (2018 trading thread, Tesla thread, etc) have crushed, so all they have is this, which is both sad and funny.

If I don't make it by January 1, 2019, I'll take my medicine. Until then, happy trading. I'll throw you a bone (a great trade) now and then.

Theres a huge silent majority of people who dont engage with people who suck all the air out of every room and thread they enter. Its actually the correct way to deal with them.


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This thread is crushing it. Note the italics.
This thread is also loads of fun.

Disclaimer: I know BTM so I'm bias in his favor.

https://forumserver.twoplustwo.com/3...e+fund+manager

Even if that is who I think it is it's pretty silly to say it's not close

Nevermind it's not who I thought, but now it's even sillier to say it's not close unless you have very specific information. Plus a guy who posted a few times in one thread doesn't count.

Do you have very specific information (about Hbob's net worth)? I read like 5% of BFI posts and < 0.1% of all 2+2 posts, and this was just a random guy I remembered. Seems pretty reasonable to assume there are at least a few other rich dudes who've dropped in to make a post or two.

The guy has 92 posts, how many does he need? The comment wasn't about regular posters, it was about people to ever post on 2+2, 1 post qualifies as far as I'm concerned.

I certainly don't have proof but I've heard things and I'm not the one who claimed its not close

That said I'm pretty sure I know at least one prominent 2+2er who likely has both of them crushed

So you actually agree with me that it's (likely) not close? ...

Sure but there's a lot of rich people around here so odds aren't in his favor. You made the claim authoritatively tho

I'm enjoying the random poo throwing. It reminds me of a girl I was quite fond of in graduate school who took care of the old rhesus monkeys at the lab.

Of course, there is nothing to learn here that couldn't be learned by watching the monkeys.

Hi, my apologies for a massive edit job above. But yes, people are strange.
I'm looking forward to your one or maybe two big trades for the year.
How many statistically close to sure thing trades are there on any given year? (when seeking alpha and looking for a statistical big score). A few maybe? So on some years maybe 15 and other years maybe zero.
I'm enjoying this thread and your comments, as well as the comments of Stinkypeat. There was another fellow named possibly Redman or something( I'm too tired to look it up at the moment), but there's a few posters here that make logical sense, I do my best to try to follow along.
So thank you for posting.

Stinkypeat.

+1

As promised before if it crashed further i added yesterday during the massive collapse of the market at close 5 more contracts at 0.41 but i was away from computers and didnt post as it was happening.

I will try to hedge it by selling same strike oct 26 strike 47 calls before earnings if its not ridiculous price to recover some of the massive loss of value after earnings that will take place if i cannot exit from them at a significant rally before market close. I will put a sell at 1$ if it hits it in the very unlikely case of a big rally in both price and volatility. If i do not manage to get out tomorrow from all of it before earnings i plan to hold it to 0 after earnings or win eventually later. I would prefer a recovery of at least 0.18 in short oct 26 47s though if i can get it so that i wont feel terrible about the complete 0 happening. 3 weeks time is an eternity in the market and i am ok with losing everything in the trade given the massive unf*cking believable decline that has happened already past 2 weeks.

And the idiot Trump thinks he has a great economy in his hands boasting while 70% of it is running on prior momentum and the other 30% was market, companies and real estate going bananas binging setting up the new crash. All while the picture is already showing that we have an extreme set up for a new crash within 2 years easily given the signs everywhere (orgasm in build up of new real estate everywhere that easily will create over extensions when it fails to prosper as planned) and all the idiotic moves he is making skyrocketing dept in good times picking fights left and right without true investment inside other than endless divisive bs lies. In US democrats build the economy after republicans fail it , they then go also crazy pc warrior mode with their very left part on issues that irritate the center and then the idiot people "vote" more republicans to start the massacre all over again both on cultural/ethical issues and the economy all while in the first couple of years claim all the glory of the others' prior work. The most idiotic clockwork bs ever.

I was also going to ask something similar.

Additionally, if your a pro trader and sit on the sidelines for an entire year, how much of your net worth are you bleeding due to living expenses? I mean if you're rich then who gives af, but losing 50-60K in 1 year for any non-millionaire would suck ballz.

And now we have masque entering the thread and jacking off in the corner. Great thread.
Yeah that's close to accurate. In 2014, 2015, 2016 I had big years, lots of trades available of which you could make amazing money on news. 2017 was dead money for me thanks to the Trump effect of killing vol with his tax cut anticipation and economic stimulation. 2018 has been an amazing year for trading, but I haven't had the huge years like 2014-2016, although it's been pretty nice. The ultra high probability multibaggers which were my bread and butter have been replaced by a choppier and less predictable and news-resistant situations as "will they, won't they" companies have matured into reliable cash generators with fewer surprises and less fear and greed. "Ultra high probability" where you can shove with little risk has been replaced with merely medium to high probability where you have to take smaller size given the higher risk/chop.

I think the first 2/3 of bull markets is where the easy options money is. Then obviously the volatility when it breaks down is great for trading. It's especially good now with people pushing risk then having to unwind huge positions. The first instance of that was in February this year but I think we'll see a lot more. It's a bit like 2007 in the way risk insurance is being pushed too far.

Position update.

As promised i sold against the long position of 7 nov 16 strike 47 calls another 7 october 26 27 calls at 0.26 as hedge.

So the current position going into earnings today is 781 cash and 7 contracts 47 calender nov-october spread.

I like this position because it has some unexpected possibilities if it goes well.

Tooth no. All that is happening is that i am actually showing how one could take the challenge and how hard it is but also how doable if one is very patient.

You should have at least tried to show how to get there.

Masque donking off his money is way more entertaining than the prop bet.