Elizabeth Warren Begs SEC To Punish Reddit Investors Who ‘Inflict Financial Damage’ On Hedge Funds

[wildchild]

You already claimed that your daily winnings were in the 5 figures. If true, that's quite good. So why would you then block out the actual number? What's the rationale here?

Answer that or go sit on one of your horns.

First off, I owe you NOTHING. The magnitude of my net profits are not what is at issue here. I am sure there are people on this forum who made more over the last week, but not many.

The entire point was that this GME situation was a very easy trade. I wanted to set the metric as absolute
% return. I wanted to show what was possible. There was a lot of volume on the instruments I used and could have scaled up 100x without facing liquidity issues.

My original question to all of you is why you were you sitting there bitching about GME when you should have been trading it?

 

[Frederick Foresight]

I would really love to, but dont want to exert that much effort to impress you. You got my returns for the last two days. That is really the only metric that counts.

But you twice "exerted effort" to block out the dollar amount of your winnings. You're just a bundle of contradictions, aren't you? So misunderstood...

 

[Tony Stark]

The magnitude of my net profits

Net imaginary profits.

 

[Frederick Foresight]

Net imaginary profits.

It is certainly beginning to look that way. No one asked to see his trading records until he started bragging. I'm beginning to think that he wishes he could put that toothpaste back into the tube.

 

[wildchild]

Also what is 9% return......If I buy a call at $0.55 and sell it at $0.60 I make a 9% return. who shows returns as proof of money being made...

The 9.8% and the 31.6% were returns on the total account shithead. So yes, if you wanted to buy an amount of options that was equal to your account value at $.55 and sold at $.60 then you would make that return. I am not sure that would be a viable strategy long term.

Just think, if you bought stock XYZ at $55 and sold at $60 you would make 9%. Its really crazy how percentages work, isn't it. If you were a day trader and flipped this in an hour or two, I would say you had a pretty sweet trade. If you were a long term investor and held the stock 5 years and it didnt kick a big dividend, then it was probably pretty lousy. Even then, you might want to know what the investor's goal was.

 

[Frederick Foresight]

First off, I owe you NOTHING. The magnitude of my net profits are not what is at issue here. I am sure there are people on this forum who made more over the last week, but not many.

The entire point was that this GME situation was a very easy trade. I wanted to set the metric as absolute
% return. I wanted to show what was possible. There was a lot of volume on the instruments I used and could have scaled up 100x without facing liquidity issues.

My original question to all of you is why you were you sitting there bitching about GME when you should have been trading it?

The 9.8% and the 31.6% were returns on the total account shithead. So yes, if you wanted to buy an amount of options that was equal to your account value at $.55 and sold at $.60 then you would make that return. I am not sure that would be a viable strategy long term.

Just think, if you bought stock XYZ at $55 and sold at $60 you would make 9%. Its really crazy how percentages work, isn't it. If you were a day trader and flipped this in an hour or two, I would say you had a pretty sweet trade. If you were a long term investor and held the stock 5 years and it didnt kick a big dividend, then it was probably pretty lousy. Even then, you might want to know what the investor's goal was.

 

[wildchild]

It is certainly beginning to look that way. No one asked to see his trading records until he started bragging. I'm beginning to think that he wishes he could put that toothpaste back into the tube.

When exactly did I begin bragging?

 

[Tony Stark]

I would really love to, but dont want to exert that much effort to impress you.

It took me less than 10 minutes to screen shot and post the trade conformations for the trades I closed this week and a C2 account Im using for a trading contest with friends.You have spent more time than that posting those bull shit screenshots you posted and giving bull shit excuses.

 

[El OchoCinco]

The 9.8% and the 31.6% were returns on the total account shithead. So yes, if you wanted to buy an amount of options that was equal to your account value at $.55 and sold at $.60 then you would make that return. I am not sure that would be a viable strategy long term.

Just think, if you bought stock XYZ at $55 and sold at $60 you would make 9%. Its really crazy how percentages work, isn't it. If you were a day trader and flipped this in an hour or two, I would say you had a pretty sweet trade. If you were a long term investor and held the stock 5 years and it didnt kick a big dividend, then it was probably pretty lousy. Even then, you might want to know what the investor's goal was.

So now it is 31% returns...the story gets juicier now with bigger numbers...

 

[Frederick Foresight]

When exactly did I begin bragging?

https://www.elitetrader.com/et/thre...ge-on-hedge-funds.355402/page-13#post-5314744