I'm curious about something Baron-----any idea why FTT would still carry any worth and looks to be gaining value as well?
Destriero is lying. I never posted a Refco statement with a zero balance. I removed all private information from the posted statement. The only zero balance that was shown was the OPEN TRADE EQUITY. But Des is too stupid to understand that a daytrader ALWAYS has a ZERO balance in OPEN TRADE EQUITY.That's why I did not remove it. I never have any open positions overnight, so OPEN TRADE EQUITY is always zero on any of my daily statements. https://www.investopedia.com/terms/o/open-trade-equity-ote.asp What Is Open Trade Equity (OTE)? Open Trade Equity (OTE) is the net of unrealized gain or loss on open derivatives positions. Put differently, OTE is the paper gains and losses represented by the current market value and the price paid (or received) for a position. Once the position is closed, the gain or loss will become realized. Here is the posted statement: He also mentioned that at that time Refco had no paper statements anymore. According to him they only had electronic versions. Again not true, I still have several paper statements that were even more recent then the published one. He probably did not have any account at all at Refco at that time.
It was not mentioned that he was shooting at M.W. as he did not use REPLY. And at that moment they were shooting at me. So I assumled it was against me. He attacked me already before... If never used all the information that I have on Destriero. But to me he was attacking me, so that's why I reacted. It was a bridge too far. There are already enough lies about me going around on ET.
Because that's what I wanted to write. But even then jobnarb will post that I wrote "DO" instead of "will".
It would take exactly 121 trading days to reach 70 contracts and the account would be at $206,760. Net after slippage and commision.
Exactly. I even see an analogy here: It is not the quality of content (Bitcoin's shitty tech), but the number of views (crypto profits) what counts, as far as Baron is concerned.
This is an interesting, and ontopic question that I also wondered about. Here are a couple of possible answers from Binance owning a bunch to shortsellers covering and driving the price up: old.reddit.com/r/CryptoMarkets/comments/yta1s5/why_ftt_is_not_zero_yet_serious/ I like this answer best: "The same reason why LUNC has price swings: pure unfiltered degeneracy"