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re" GME the new reality +koss, bb etc.. Your comment is interesting for recognizing current reality in the marketplace, but not fully. "Its not the squeeze that produces the big profits, its driving a stock to zero on a company that does not have the resources to fight back!" " This latest...

"Its not the squeeze that produces the big profits, its driving a stock to zero on a company that does not have the resources to fight back!" That never been the reality. It is an urban myth by people who wanted short selling to be banned. There always have been numerous badly run companies for...

Is it very profitable? The resultant short squeeze of GME +other stocks suggests otherwise.

Too much is if you don't have proper risk management. Buy stop works with gaps if you accept the loss.

4 to 400 over a 10 month period is irrelevant if proper risk management tools are in place.

It is disgusting the way Robinhood CEOis trying to manipulate the news flow to make themselves out to be the good guys in this episode. They are pretending to be the protector and advocate of the individual investor.

In general there traders have little understanding of risk management, including sizing positions That is why you have all these clueless idiots selling weekly naked options. A few of them reside on ET. Further your remark is misleading It went from 4 to 400 in 10 month period. Your remark...

Isn't that the way the world works? There was systems risk. You change the rules to favor yourself. Ask the Hunt Brothers who tried to corner the silver market, back in the days. It should have been all expected.

Ever hear of a buy stop order? Stock prices like trees don't grow to the sky.

No. Risk has been socialized in the US, particularly for the financial industry. Most of us remember bank bailout in 2009. If the shit hits the fan the Fed will lean on IB to bailout a good part of the industry. e.g. jamie dimon and bear stearns

An honest man is hard to find, especially on ET.:D

I knew that. I was just putting in sizzle.:D

https://www.freepressjournal.in/business/citi-bank-cannot-recover-usd-500-million-from-the-accidentally-sent-usd-900-million-to-lender

error of extrapolation or tipping point?

Tax avoidance is legal. Tax evasion is illegal. "tax avoidance—An action taken to lessen tax liability and maximize after-tax income. tax evasion—The failure to pay or a deliberate underpayment of taxes. underground economy—Money-making activities that people don't report to the government...

First of all the range quote is meaninglessly wide. Secondly if you just believe a mid-range of 10.5% I have a bridge in San Francisco to sell you very cheaply. You know the one known for its many suicide jumps.

Your stops are too close if it happens very often.

I am not going to mince words with you. You know that with the pandemic brokerage firms are working remotely which obviously causes time delays. Secondly reports are sometimes delayed from the venues where they are executed. Serious firms like Schwab, Interactive Brokers and Apex Clearing do a...

His haircut costs more than your girl friend/wife's haircut. What does that tell you?

Would you trust someone with this face with your money?