OMG I can't believe this fallacy still exists in trading!

wxytrader said:
Case in point. I had 200 BITO call options....on Oct.16 my position value was down (80%!) 2 weeks ago to about 5k. I closed it yesterday morning at break even. Had I listened to the status quo, or believed in the bogus math I would have closed the position at a huge loss.

Anyway that was a 600% recovery. So either I am a genius or your math is irrelevant and you have all become victims of the traders fallacy.
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Dude, who the hell cares. I don't understand why you even created this silly thread. Just trade and make money.
 
Nine_Ender said:
You have to be one of the most illogical people on here. Your premise of a "traders fallacy" is complete crap. However, not surprising since your economic theories are wacky too ( no, Bitcoin will not become a global currency; it will more likely drop to near zero if you wait long enough ). There is no point to your thread other then exposing your inability to process the world rationally.
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Lol zero? Sounds like sour grapes because you missed the boat. Well you can sit there hoping for zero while I cruise around in my Lotus with profits from the next rally.
 
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