correct, no free winners this week. they can come to you for your nebulous commentary thats worth 1 cent or less
is there a single post of yours that could have been monetized ? show us
if i had 10 cents for every arb I've seen...
- Thread starter delta_1
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correct, no free winners this week. they can come to you for your nebulous commentary thats worth 1 cent or less
is there a single post of yours that could have been monetized ? show us
It is way easier than that even for retailers and has been discussed on this forum many times.
The trick involves an options trade. It is not that complicated. You don't need to have the black bealt in options like MrMuppet and others on this forum...
My username will give you a hint how it is done...
he waits for BA to rip $3 !!!!! then buys. And he makes money. This is kind of idiocy thats rewarded these days
you mean the famous RobinHood unlimited margin box spread? I though that doesn't work anymore.It is way easier than that even for retailers and has been discussed on this forum many times.
The trick involves an options trade. It is not that complicated. You don't need to have the black bealt in options like MrMuppet and others on this forum...
My username will give you a hint how it is done...
for a guy who trades 1000 times a day , you post a lot
BA strictly a momo play as predicted, moron got lucky. we shorted when it turned down at 171
waiting for the muppet to post a single actionable trade
waiting for the muppet to post a single actionable trade
For those who didn't know:
You can borrow cheaply by emitting a "synthetic bond". There is an options position that will allow you to get close to LIBOR rates explained e.g. here:
https://docplayer.net/37966608-Box-...strategies-for-borrowing-or-lending-cash.html
You will have to post at least 2% margin depending on your broker.
The money you will get is part of the margin and can be used to finance something else.
While this is very cheap it can not be done with every broker. The margin required can change quickly which can lead to sudden death...
The discussed trade was this: borrow cheap and invest in higher yielding security
I am pointing out how the cheap borrowing could be done.
I am not suggesting to take on more credit risk, ignore the interest rate risk or any other of the many possible fallacies.
What MrPuppet mentions: "Robin Hood Box Trade"
A guy did that on Robin Hood. Initially it worked as he could borrow. RH had a software bug and didn't compute any margin for it. So he could put on many more boxes and borrow virtually unlimited. RH fixed that bug but the box trade still works and would save retail traders millions in margin loan interest payments if they knew it.
Not every broker will allow to put it on. Never do it with american options! Never try it if you don't understand every aspect of it!
%%citing JackMorgan in the title here from this discussion thread:
https://www.elitetrader.com/et/threads/the-right-ib-order-type-for-arbitrage-attempt.366333/page-2
..........The latter didn't work because the conversion fees are too high. IB charges USD 500 per conversion plus 5 Cent per stock...
So if you convert it cheaper at your broker you might achieve what I couldn't do
Second story:
I stumbled upon the pure archetype of a mean reversion trade. Coincidently looked up the chart of HCMC. That is exactly the perfect kind of chart you would want to see for a mean reversion. Subpenny but whatever. It goes from 1 to 2 and back 1 and 2 and so on...Like a ball that bounces pertetually between two walls for months! That is winning 100% every trade or winning 50% if you went shot at 2.
So I bought 100k at USD .0001. Can't really tell why the trade doesn't work but it took me forever to get executed. My sell order is in the order book to this day still at .0002 and doesn't get executed.
There are many buyers and sellers in line in front of me. That's what I think is the reason.
THE latter not working[too many many buyers + sellers in front of you].
THAT +Penny stock. And Sideways slop chop [barbed wire range] .
That name should have worked out=Healthy Choices
QQQ + related worked better JAN-JUN.
automated quote machine...way above your head, I know. But go ahead with your charts
this ?
kinky
kinky