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    Lessons from a failed trader

    My bullshit meter just hit record levels never seen before and likely never to be seen again.. 100 dollar invested is worth 10 mil. 1000 brought him 100 mil.. And the dude is slugging it out for lunch money??? Only on ET.. again
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    Lessons from a failed trader

    Value is Boring??? Burry was in the eye of the Subprime and GME hurricanes.. You an adrenaline junkie?? :)
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    Lessons from a failed trader

    Hmmm..Lets go out on a limb and assume you got crazy and invested over 100 dollars.You made over 100,000 x your investment,so bare minimum you cashed out for 10 mil plus..Yet,you are slugging it out day trading based off squiggly lines:)
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    Lessons from a failed trader

    Of course the past is no indication of the future,but several of my buddies who were engineers/accountants are worth well over 4 big ones,and they never made over 200 k per year. And you are spot on,they were in index funds/EFT,domestic and international...I believe they only averaged down in...
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    Lessons from a failed trader

    Thanks for sharing... Not saying Value investing is the grail,but for 99 percent of the people,investing for the long term is the way to go.If you have a day job and can somehow put 50k per into the market,assuming 8-12 percent returns,you will have 2.5 mil to 4 mil in 20 years..I can assure you...
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    Fear of losing money

    Fear not,no pun intended.. Traders are typically fear or greed based..You are one step ahead of the game.. Baby steps...figure out an approach which works with how you are built... Commit to your craft And trade small to start
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    Are investors holding 200% of GME shares?

    Listen to this guy..Its simple arithmetic.."Synthetic longs" are created via the shorting process...Also,the short interest/float numbers are way off due to a similar nuance..
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    Destriero - Butterfly Trades

    I think the AMC conversion is a bit different than a dilutive GME secondary offering.. For one the AMC conversion shares was almost half the float at 44 million shares with a. connversion price of 13.5.. If I am not mistaken,GME is capped out at 100 mil dollars on their secondary.I...
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    Destriero - Butterfly Trades

    The short puts are expensive too :) I would proceed with extreme caution ..Dont want to get in the crossfire of the sniveling cry baby Hedgies and Cobra Kai freedom traders
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    1000% Implied Volatility In GameStop

    Are you suggesting they shouldn't issue stock at these levels???
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    1000% Implied Volatility In GameStop

    Just sell the ATM straddle for 400 bucks...what could go wrong :)
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    Destriero - Butterfly Trades

    Why leg at all??? Not bragging,but I am really good at "mechanical" trading,I.e legging in and out of spreads.. I find I am often filled on TOS at prices better than I could have legged..In fact,I sometimes get fills that make me check to see if I fat fingered the order.. What are you trading??
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    Latest From Lawrence McMillan

    A LONG time ago,I went to a conference in Lake Tahoe and he was a speaker..A group of us went out to dinner together..
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    Destriero - Butterfly Trades

    You going to bet on Ngannou Stipe??
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    Destriero - Butterfly Trades

    If Diamond ragdolled McNugget imagine what Khabib does if they ever square up again..
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    Destriero - Butterfly Trades

    Good F-in call.McNuggets is cooked..That shin kick was all she wrote...
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    Destriero - Butterfly Trades

    Chef,the testing is a good start and could work if you are going to trade systematically...But then you have to stick with the system.. I joked about Des secret sauce,and he came out and told you what it is,which doesnt help all that much as its more art than science... How you traded the GILD...
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    Anybody tried the Ergochair for $369? What's your fave?

    Try cushiony stools that may have a backrest as well...You want to avoid 90 degree knee/hip flexion all day long.....
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    Anybody tried the Ergochair for $369? What's your fave?

    Yup...Traditional chairs are just awful for your body
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    Anybody tried the Ergochair for $369? What's your fave?

    Thumbs down to all chairs... It's almost impossible to maintain neutral spine in any chair.. Get an ergonomic stool/ saddle.. Make sure it adjusts correctly for your height..Ideally the desk should adjust as well... Keep moving as well..
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