My Story- Lessons learned

Quote from jackbyrd:

Folks, we should probably take it easy on this Urkel fellow. After all, this guy is not playing with a full deck so to speak.
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Where'd u fine that? lmao
 
Urkel is probably the same idiot who made up the story.

Either way, IQ should be a prerequisite to eliminate the likes of him.
 
I guess it may be possible that there was a prior company that used the symbol TUNE but the current company using TUNE only went public in August of 2000. That does not seem to correspond with your given dates. I am not calling anyone a liar though. I would just like to see some more proof. Thanks.
 
Quote from Randek:

Urkel is probably the same idiot who made up the story.

Either way, IQ should be a prerequisite to eliminate the likes of him.
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I must have offended you I am sorry and meant it in a lighthearted way.

My IQ? WTF CARES.

How about is Urkel a profitable trader? The answer is yes.

Btw, Keep editing your posts coward.
 
He only needs the following to be right:

He needs to identify 13 profitable trades that double his capital within the timeframe, assuming no losers in the sequence. This could have been done with options, though he does not mention this. The probability of that is 1 in 8192, or 2 to the power 13. Not likely, but possible.

5700
11400
22800
45600
91200
182400
364800
729600
1459200
2918400
5836800
11673600
23347200
 
I believe it was possible to have done this in the 90's, but what sounds like bull is the whole situation. He was selling life insurance part-time and playing poker. Sounds to me like a mediocre existence. Then to turn 25K into 20 million in a few years? Why would someone just not quit? Personally, I would have stopped at 10 million; at 5% that's 500K a year interest, more than most people ever earn. So to let 20 million go to 10 just sounds too incredible.
 
Quote from Farside:

So to let 20 million go to 10 just sounds too incredible.
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The stupidity part is believable. There are lots of great traders who made it and blew up later. It is the lucky part that is highly questionable....

But thanks anyway for the story whoever you are who wrote it. It is not the MONEY why I am in this business, but the DREAMS! :)
 
Funny thing is I just checked my private messages of which 6 people had similar stories or knew of similar sagas of traders they knew that were similar to mine. All said basically the same thing.
Don't listen or get discouraged by the naysayers and doubters and a raging bull market is one of the best times to find shorting opportunities.
These same people were discouraged to post publicy as they didn't want to get in a war of words with the "regular idiots" that have nothing better to do than doubt everyone here.

Either way, I'm new here and really don't care. And yes I am not selling anything.
 
Quote from acesup:

I am currently 44 yrs old

... I got squeezed in a stock identified as TUNE one morning. It was one of those shorts I misstimed and got in a little too early and had to average up twice on. My greed got the better of me and I kept hammering at it one morning via my retail account. If you remember those days it wasn't uncommon to see stocks run from $12 to $50 over a few days. This was one of them. At one point in the morning as TUNE was running up to its blowoff top I had to step back from my computer and go lay down. I was scared and in shock.

...
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TUNE? Microtune. IPO'd August 2000?

Here is the daily chart for Aug 2000/Jan 2001 (the crazy days).
 
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