Weekly IQ test

[Soon2Bgreat]

Quote from tradingjournals:

shorted.

PS: you failed to indicate the time frame, which I think you assumed is the same for both alternatives, but I wonder if you realized the importance of time.

Timeframe is given if you look at the dates of those prices - the 1.5 -> 55 runup took slightly longer than the fall from 150 iirc.

 

[tradingjournals]

Quote from Hydroblunt:

Nope,

Long from 1.50, without even a doubt. It's all about return on your capital. Do some basic math and see how much money you would make on the first versus the second trade with $15,000.

How sure are you about your conclusion?

 

[Lucrum]

Quote from stock777:
Would you rather have shorted LVS from 150 to 1.50 or bought it at 1.50 and rode it to 55?

Both, which incidentally I claim to have done. I only just now thought to mention it though.

 

[stock777]

I'm glad to hear it, means you're paying lots of income tax, and my govt needs the money

 

[Redneck]

Quote from stock777:

Would you rather have shorted LVS from 150 to 1.50 or bought it at 1.50 and rode it to 55?

This is a tough one


150.00 5000 750,000.00
1.50 5000 7,500.00
Profit 742,500.00

ROCU 99%





1.50 5000 7,500.00
55.00 5000 275,000.00
Profit 267,500.00

ROCU 3567%



ROCU = Return on Capital Utilized

Commissions & Fees not included

Your mileage may vary

RN

 

[stock777]

reason why ss is a tough way to make a buck, except in the most extreme circs.

 

[Hydroblunt]

Quote from tradingjournals:

How sure are you about your conclusion?

Are you serious? Is it a logical failure or are you just having a tough time accepting that your first notion was wrong?

 

[stock777]

fact is, most internet users are even worse than random street rabble.

used to be you needed some skill to use a computer, now that its been idiotfied , all bets are off.

 

[tradingjournals]

Quote from Redneck:

This is a tough one


150.00 5000 750,000.00
1.50 5000 7,500.00
Profit 742,500.00

ROCU 99%





1.50 5000 7,500.00
55.00 5000 275,000.00
Profit 267,500.00

ROCU 3567%



ROCU = Return on Capital Utilized

Commissions & Fees not included

Your mileage may vary

RN

ROCU 99%: false.

 

[tradingjournals]

Quote from stock777:

I expect a failure rate of approx 78%, which would be normal for ET

what is the failure rate so far? (exclude yourself and myself from the calcs in case one or both of us increase that rate).