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stock market crash

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    Originally posted by DealorNoDeal View Post
    In which case, if compounded, the 29 trades you listed would...

    ...turn £1000 into £78m.
    If they were the same asset - yes. But I'm not that reckless. The portfolio is diversified.
    "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

    Comment


      Originally posted by DealorNoDeal View Post
      In which case, if compounded, the 29 trades you listed would...

      ...turn £1000 into £78m.
      He did not say he sells for real money (aka fiat)...

      Comment


        Originally posted by Old Greg View Post
        He just didn't list the 2000 duds he's bought over the same timeframe because he's still waiting to sell them high.
        Nail on head.

        Over a long timeframe, these under water trades will attract swap and other fees, increasing the losses and tying up more and more capital.

        If he's lucky, they will come good, but it then becomes a gamble pure and simple.

        tl;dr; Pooper is a gambler with no concept of risk reward.

        Comment


          He sure is a gambler - he stays in Heathrow Thistle

          Comment


            Originally posted by DimPrawn View Post
            Nail on head.

            Over a long timeframe, these under water trades will attract swap and other fees, increasing the losses and tying up more and more capital.

            If he's lucky, they will come good, but it then becomes a gamble pure and simple.

            tl;dr; Pooper is a gambler with no concept of risk reward.
            Not much capital tied up with something worthless.

            He's probably got some old Viceroy tulip bulbs mouldering at home that were bought on 3rd Feb 1637. He's holding those babies!

            Comment


              Originally posted by AtW View Post
              It’s only fiat anyway
              Every fiat currency in history has failed.

















              Except those that haven't.























              Yet.

              Comment


                Originally posted by DealorNoDeal View Post
                In which case, if compounded, the 29 trades you listed would...

                ...turn £1000 into £78m.

                I tell you something else - which resulted in my taking the course to educate myself.. when I was on here giving Stellar away for free some years ago, at that time I saw my net worth climb to multiple millions. I thought this was a one ticket, I thought the moon. How wrong I was. I did not realise I had won. When you enter mania phases of a bull cycle the psychology changes somewhat, much like we're seeing in the stock market right now. So after that time I decided to study. Months of study full time.

                The returns posted are indeed real since educating myself and I feel all the calmer for it knowing there's a strategy in place.
                "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

                Comment


                  Originally posted by AtW View Post
                  He did not say he sells for real money (aka fiat)...
                  You remember that.
                  "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

                  Comment


                    Originally posted by scooterscot View Post
                    I tell you something else - which resulted in my taking the course to educate myself.. when I was on here giving Stellar away for free some years ago, at that time I saw my net worth climb to multiple millions. I thought this was a one ticket, I thought the moon. How wrong I was. I did not realise I had won. When you enter mania phases of a bull cycle the psychology changes somewhat, much like we're seeing in the stock market right now. So after that time I decided to study. Months of study full time.

                    The returns posted are indeed real since educating myself and I feel all the calmer for it knowing there's a strategy in place.


                    Nurse!!!

                    Comment


                      Got to give scooter some credit. For a troll, he's unusually adept at playing the long game.

                      (although his trolling reminds me of those people who only ever post their winning betting slips to their social media accounts)

                      Comment

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