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Thanks for enquiring. Yes, things have looked better in 2022 - only I dug a really huge hole after the account went below $100K - its taking time to get above. Will give an update at the end of the month.

Now you can laugh, right? Like posted in the last update, the losses continued after the period ended June 2021. Now firmly below 100K (the poverty line). In accordance with my earlier rule, no more updates until the balance goes above that level

Probably balanced on the long and short sides

Period Update 04/05/2021 - 07/05/2021 ---------- Down quarter, off 30K(21%) Lost most of what I gained in the last period. Not going to over-analyze, but it appears over-trading was the culprit. My confidence in full discretionary is once more deeply tested, as the losses continued after the...

You can select whatever part of my post you want to... Bottomline, any intelligent person that does not see something fishy about an asset with no intrinsic value, and whose 'cost of production' and quantity is determined by the producers/owners, and has been set to increase by more than +100%...

Giant ponzi. Hash rates going up. Cost of mining higher and higher, so the price has no where to go but up.... until....

------------------------------------------ Period Update 01/02/2021 - 04/03/2021 ---------- Nice quarter, up 32,238 (30%) Started the year on a bad note on 4th Jan, losing 19K on the day. I believe that was a result of getting into the year dreaming of a big result without outlining how. A few...

The crazy thing is the company can just issue secondary offering of 30million shares, underwritten by the hedge-fund/bank-associate that lost > 2billion on paper. Underwrite @ $50. All of a sudden they will have 30million unrestricted shares to sell to these suckers. Company reaps unexpected...

How many Gamestops can they buy, just to hurt wall street? They will be out of money. How come the losses are 70b, on a market cap < 20billion? Who are the beneficiaries?

The company should just issue secondary offering of 30million shares, underwritten by the hedge-fund/bank-associate that lost > 2billion on paper. Underwrite @ $50. All of a sudden they will have 30million unrestricted shares to sell to these suckers. Company reaps unexpected capital and...

Yes, it would have been better to put the money in SPY since Jan 2011 - with the benefit of hindsight. Actually, I could have loaded up on OTM SPY Leaps and made a gazillion :) Having said that it is not all doom and gloom. Up 35% since then. The withdrawals (nearly 350K since then) have...

Yes the 1,450 should be -1,450 like other withdrawals. Never deposited to that account since I started the first thread in 2007

Period Update 10/04/2020 - 01/02/2021 ---------- Flat quarter, down 0% Not much to write home about, just a quarter to forget as I close a flat year For 2020 Starting Balance: 123,272 Cumulative P/L: -84 Start Date End Date P/L Withdrawal Closing Balance 2020-01-04 2020-02-01...

Good old days. shorted AMZN (500 shares @ 12.25) for a day-trade. Wondering how things might have been buying and holding till today. Was really on steroids then seeing the number of round trips.

Its surreal. Just a couple of years ago or so, we were betting which stock should hit $1 trillion first - a humongous market cap. Now we have 4 or more stock at 2 trillion or knocking. In times past, I would look at those megacaps - top 3/5 in the market - and you see XOM, GE, MSFT, etc and you...

You mean I should be up if the market is up for the quarter. It does not work that way for me - as I am not going long only. Having said that, I ought to have made money for the quarter!

Period Update 07/04/2020 - 10/04/2020 ---------- Bad quarter, down 17K (13%) Started on a terrible note the first month. Happy to recover some of the losses. Could have been much worse. For 2020 Starting Balance: 123,272 Cumulative P/L: -34 Start Date End Date P/L Withdrawal...

Why not just say nobody is dying of COVID. Why? They would have eventually died anyway - 40,80 years from now.

No, there were thousands who became paper millionaires on borrowed money (or margin), failed to acknowledge the declines when it started, and went bankrupt afterwards because they could not repay!

Doesn't seem like you know anybody that died of COVID 19. Your circle must be very limited. Try and broaden it a bit :)