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

[wildchild]

No, as I said earlier, your avatar is not ironic. It is entirely consistent with the content of all of your political postings here at ET.

Dildo, this wasnt even a hard question? Why do you refuse to answer? You made this claim about market manipulation. What happened? What are you so upset about? From what I can see, is the only reason you are upset is the media and Elizabeth Warren told you that you need to be upset.

Use your own brain. Analyze the situation. Figure out who the players are. Figure out their motives. Figure out what they are doing now and why they are doing it. Figure out what they will do next, then plan your move.

The sentences above are probably the best trading education you have ever had. You should be thanking me. You are not putting the pieces together. THINK.

 

[wildchild]

No, as I said earlier, your avatar is not ironic. It is entirely consistent with the content of all of your political postings here at ET.

I think its funny and I have posted more anti-Trump on here than anyone. So whats your point?

 

[Bugenhagen]

Well you had your chance you find out, but you backed out. I gave you the chance to look me dead in the eye, What more do you want?

Seriously, the level of bullshit for you guys is astonishing.

Well I made a whole thread for you..

I'm sure your father taught you these little dancing tricks to stay alive in this world.

You would not be looking me dead in the eye, unzip my fly more like as your were taught.

 

[Frederick Foresight]

Dildo, this wasnt even a hard question? Why do you refuse to answer? You made this claim about market manipulation. What happened? What are you so upset about? From what I can see, is the only reason you are upset is the media and Elizabeth Warren told you that you need to be upset.

Use your own brain. Analyze the situation. Figure out who the players are. Figure out their motives. Figure out what they are doing now and why they are doing it. Figure out what they will do next, then plan your move.

The sentences above are probably the best trading education you have ever had. You should be thanking me. You are not putting the pieces together. THINK.

Upset? I only made an observation. “Claims” about market manipulation? You mean it still hasn’t been established? Are you on meds?

 

[Frederick Foresight]

What? I am very skilled at data analysis, machine learning, AI, and programming. The overwhelming number of my trades are done through models that I have development and implemented. Literally, the machine does the trading. In this dominion, edges and profits are small but exploitable. I can certainly make a living on that, and that alone. People envy it because they think you sit there and watch the profits roll it, but it requires a lot of work to stay on top of the game/

I do however look for discretionary areas where I abandon the models and use intuition to trade, and most of those trades are home runs. The problem is, you dont know when the next one will come. It could be next week, it could be 5 years from now.

I learned this lesson from the financial crisis when I had a bunch of ideas but did not execute because I did not feel I had an adequate model. The result was I missed some serious opportunities. I vowed that would never happen again. You know what, it hasn't.

Really? Because judging by your general lack of comprehension and affinity for bullshit news sources, I’m not convinced you can even “program” a toaster.

 

[Overnight]

...I’m not convinced you can even “program” a toaster.

That comment throws me for a loop. Who has a toaster that can be programmed, and what could you program it to do? Level 3 toast at 8AM, and delay the bagels until 8:15 AM? All while you are sleeping?

NEVER EVER let a toaster run while you are sleeping. They are the grizzly bears of appliances. They will only try to kill you when they know they have a chance.

 

[Cuddles]

Except that it’s not mere hyperbole but outright fabrication. Did you read what she wrote or listen to what she actually said? It bears little to no resemblance to how the right wing media is characterizing it.

I only read Breitbart's headline and is not far off from what Warren wrote in her tweet/headline. She's out to "protect the retail investors from evil manipulation by shills and pumpers" except that take is hot garbage and wallstreet's script on CNBC for the last week. The redditors who've grown up to 7 million strong are just pumping the stock because to them, losing 350$ on that single share they bought is worth it if they get their pound of flesh from the hedgies getting blow the fuck out. They know their "investment" will go to zero. The worth of the stock isn't on the fundamental value of the company at this point but having a chance to get their kick in while the shorters are on the ground.

Read the responses to her tweet if you think she's on the right side of history on this one.

 

[wildchild]

Really? Because judging by your general lack of comprehension and affinity for bullshit news sources, I’m not convinced you can even “program” a toaster.

What is my affinity for bullshit news sources? Most of my best posts and threads have no news source posted at all. They are based on my own independent analysis. Most times they are correct, when the media has it wrong.

 

[wildchild]

Upset? I only made an observation. “Claims” about market manipulation? You mean it still hasn’t been established? Are you on meds?

You havent said anything. You linked to an article. Spell it out. What are you upset about?

 

[Tony Stark]

What? I am very skilled at data analysis, machine learning, AI, and programming. The overwhelming number of my trades are done through models that I have development and implemented. Literally, the machine does the trading. In this dominion, edges and profits are small but exploitable. I can certainly make a living on that, and that alone. People envy it because they think you sit there and watch the profits roll it, but it requires a lot of work to stay on top of the game/

I do however look for discretionary areas where I abandon the models and use intuition to trade, and most of those trades are home runs. The problem is, you dont know when the next one will come. It could be next week, it could be 5 years from now.

I learned this lesson from the financial crisis when I had a bunch of ideas but did not execute because I did not feel I had an adequate model. The result was I missed some serious opportunities. I vowed that would never happen again. You know what, it hasn't.