Discussion in 'Technical Analysis' started by tommcginnis, Feb 7, 2019.
Yup, that, worthless, useless - technical analysis.
A 300 pt gap down gonna ruin him? That's like 1.2%. Must have gone bonkers on the leverage without a stop. Tsk, tsk.
I thought I was watching a video of my self when I was 22 trading on IB.....nightmare!
I recall from the hour-long version of this, that there was one screenshot that revealed the TWS "SIMULATION" banner across the top of the screen, and that it was a total fraud, for no more than ego -- i.e., "How much of an audience reaction can I generate?" This 7minute version is but a nibble. Still, the fact that we can all identify with it, means.... we've all been at least in the neighborhood, if not eaten at the same bitter café. "Religious Trading: when you pray to God, 'PLEASE get me out of this -- I'll never trade againnnnnn!"
I remember the longer version but not that it was simulated. Funny way to get an ego boost...
Either way it's a good reminder of the importance of risk management. This was the Kerviel crash on MLK 2008, big gap down after a weekend, even if this guy's losses weren't real there were likely many traders who blew out that day.
Wolf of Wallstreet (?)
And the previous guy in rage, hmmnn...
reminds me, of me, when i couldn't understood, why , i should not invest, like more than 10% overall portfolio, to p2p platform ( small one ) ;
i thought i will go all in, this is some nonsense 10% rule/advice, and then youtube recomended video
- ,, What is Bulls and Bears''
maybe someone knows, why , sometimes, i can't neither edit or delete my post ? ( i just don't see those as options beneath it )
He still has the vehicle he's sitting in, plus his phone, plus his phone service. Sell it all!
I call BS.
He ain't homeless, so what is his problem? Seriously?
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