These two, traderyin + mike4242, crack me up... Just make up nice things about their daytradin' buddy and expect everyone to believe it. All right nevermind the show, just believe it he's #1 and forget the kid made a fool of himself on national TV. But I like the show, some good shots and soundbytes, with the real traders.
No, I was asking if any of you were making 20-30% consistently year over year since you started trading. I'm guessing all of you are doing better than him? So why don't you tell us where were you when you were 24? Were you running $100 million hedge funds and making big money? Are you now?
no, but I dont pretend to be someone I'm not, and making the entire trading industry look like a zoo from late 90s again...
Coincidence, Trader's Monthly which I just got has a blurb on Timmy. It acknowledges that the show made him look like an ass ("see it was not just us and the blurb actually used the word ass") and that he is down 17% for the year when the S&P is up around 12%. I forgot the figure but he has $1 - 2 million assets but I think almost all of it is his because it says he turned his Bar Mitzvah money into $1.65 million. Given that he is 24, that means he traded from 1995 forward which was a great time to be long. It does not say how much he kept after the crash which I would be interested in.. I still think he is a tool for having his mom do his chores...
Well....1.3m isn't "really" a hedge fund. Come on....thats rather funny. Hey.....the kid turned 12k into 1.3 mil. Thats great. He...like a ton of others road the mkt up back in the easy times. But to go around saying he is a hedge fund manager...and daytrades 1.3 mil is pretty damn far from being a real hedge fund. He's probably just some spoiled kid who was fortunate enough to be able to type in any four letters during the late 90's. I also didnt realize 100k was FU money.....thats almost as funny as him saying he is a hedge fund mgr....
Just watched the video....holy shit.....the dude is trading 4k shares of a 6 dollar stock......acts like he is a hotshot....too damn funny....he is a friggin misquito in the world of trading....