Down to about $90k, where would you park it if your trading skills were trash?

I stand corrected.

I gamble, using options.

Well then you are a fool. Options are BS. Only ES futures can make millionaires quickly.

Remember when the Powerball reached over a billion those two times?

According to SML, that is false. It can happen only in ES, because the Lottery is fake, but 100 contracts per trade in ES in not gambling. It is, in a word, smart.
 
Well then you are a fool. Options are BS. Only ES futures can make millionaires quickly.

Remember when the Powerball reached over a billion those two times?

According to SML, that is false. It can happen only in ES, because the Lottery is fake, but 100 contracts per trade in ES in not gambling. It is, in a word, smart.
I admit, I am a fool.

A lucky fool. :D
 
Yea so I don't have an edge and just lose money constantly. Execution is solid, psychology decent, edge is poop.

Looking to just put some cash in longer term spots. VOO will probably get a portion of it but where else should I look? Any book or resource recommendations on liquid allocation? Not really interested in single company investments.

S&P made around 25% last year...did your trading account do better? Legit question if anyone outside of maybe Des and a few others are generating alpha....if my tradong account would have grown 25% last year I'd be pumped.

Thanks.
get an advanced degree and learn an edge or food trucks. Without an edge all market investing, including indexing or getting a financial advisor, is a loosing proposition.
 
You prolly won't know @Darc because he had you blocked so you wouldn't see his posts unless in incognito mode, but he despised you, posted numerous negative comments about you. He was a strange guy, said he was from the Goldcoast of QLD and initially was liking many of my posts, when I liked your post on one occasion, he blocked me. LMAO. :)

Here replying to semperfrosty......

  • Semperfrosty:https://www.elitetrader.com/et/members/darc.534574/

    There are a couple of weak kunts on here that do,so good for you.

    Forums are a wealth of info and sentiment.Weirdos and pretenders have everyone that disagrees blocked! haha

    You will learn a lot(I dont have to tell you this)from the disagreements you have on here with people.Don't let their words be lost on you.

    Almost as good as reading a book...:D

  • Darc:

  • Having done Martial Arts, Boxing, played Rugby League since early 80s, and worked in Security for many years now - been shot at, rammed by Cars, dealt with attacking Dogs, knives weapons etc, I'd probably knock the living shit out of you in reality
    Life's too short to deal with Grubs and arguments destroy threads, so Blocking is the best alternative.

    #836 Dec 5, 2023
  • Mick,
I have edited your post as per above because it appeared to quote me as saying what the weirdo said.

It should be noted that he typed that and blocked me hoping I wouldnt read it.

I read it and then let him know what an inconsequential piece of shit he is.

I continue to be pestered with his weirdo toxicity.
 
Yea so I don't have an edge and just lose money constantly. Execution is solid, psychology decent, edge is poop.

Looking to just put some cash in longer term spots. VOO will probably get a portion of it but where else should I look? Any book or resource recommendations on liquid allocation? Not really interested in single company investments.

S&P made around 25% last year...did your trading account do better? Legit question if anyone outside of maybe Des and a few others are generating alpha....if my tradong account would have grown 25% last year I'd be pumped.

Thanks.

Yeah everybody says "you can't out perform the s&p" lol I out perform it every week. If you bought 100 shares at 500 you make 12500 if it goes up 25%....not worth the capital.

Is my math wrong...been in the ☀️ all day.
 
Read it again my man. haha

S&P made around 25% last year...
Thanks.

upload_2024-8-5_19-54-6.png


So if you invested 50k you would return $12,500....is that why we are here? That ain't going to get you a (2008) Lambo anytime soon. :)
 
Back
Top