Destriero: Banned to the Bone. The following is adapted from George Thorogood's song "Bad to the Bone": On the day I started trading The traders all gathered 'round And they gazed in wide wonder At the joy they had found The head trader spoke up And she said leave this one alone She could tell right away That I was going to be banned to the bone Banned to the bone Banned to the bone B-B-B-B-Banned B-B-B-B-Banned B-B-B-B-Banned Banned to the bone I bad mouthed a thousand hearts Before I met you I'll bad mouth a thousand more, baby Before I am through I wanna be yours pretty baby Yours and yours alone I'm here to tell ya honey That I'm banned to the bone Banned to the bone B-B-B-Banned B-B-B-Banned B-B-B-Banned Banned to the bone I make a technician beg I'll make a good scalper steal I'll make an old specialist blush And make a young algo squeal I wanna be yours pretty baby Yours and yours alone I'm here to tell ya honey That I'm banned to the bone B-B-B-B-Banned B-B-B-B-Banned B-B-B-B-Banned Banned to the bone Now when I walk the streets Portfolio and Hedge fund managers step aside Every woman I meet They all stay satisfied I wanna tell ya pretty baby Well ya see I make my own I'm here to tell ya honey That I'm banned to the bone Banned to the bone B-B-B-B-Banned B-B-B-Banned B-B-B-Banned (Hoo) banned to the bone
Destrierio has an ego that leads him to believe he is better than others. The competitive spirit he believes is a positive just shores up the illusion to protect him from his insecurities. He forgot his beginnings and now has remained to compete with God....like a young thrillseeking rockclimber. I marvel at people in a buffet line at the casino. I liken it to how Destrierio's character behaves in ET's trading room. ES
In many cases, he is better than others. At least more informed. The guy has a lot of knowledge on a lot of subjects. He's well read. Sure, it comes with a cocky attitude and a persona quick to wade into a flame war, but so what? That's what the ignore function is for. I'm probably one of the few on this site who is diametrically opposed to him politically, yet we respect each other and don't fight. It really isn't that difficult to not pick a fight with someone and to listen - you can learn from anyone. I've learned plenty from hm.
Didn't realize Kim Klaiman was banned. Can i do little dancing on the grave? He should have been banned for being fraudster and soliciting clients without providing any proof that he achieved those results. He doesn't even realize that his favorite strategy "earnings vol ramp" is an artifact and misinformed about straddles. Any alpha from his strategy is basically coming from pump and dump schemes. I looked at one of the reviews and is pretty accurate. https://www.acceleratedfi.com/1-year-of-options-trading-update-absolute-disaster/ " I followed along with the trades Kim was placing and found my results significantly underperforming what Kim was reporting on his site. It turns out that Steady Options was trading a lot of illiquid underlyings which means there was barely any volume. So while Kim was placing his trade first and getting the best price, by the time I got there and the other 500 people paying for the service, we were paying 20% more than what Kim paid which destroyed any chance of making money." I posted one of the charts in one of the deleted threads. This is regarding his WDAY earnings calendar. He places very first trade at 9:30:14 am. Pretty much all his subscribers trades are atleast 10% worse off. This much pretty much jives with one of his subscribers experience.
As soon as I saw WDAY, I knew what he was doing, and I don't even write options, but I know the basics. Along with this, the Volume issue from some other posters, Dest tried, others tried butt, the dweebs do not listen, I even spelled it out, and still they don't learn. Then they turn around and whaaaaaaah ban Dest because he made our guru run away. You can't make this stuff up. The Ever Amused VIPER
Klaiman is in a losing TLT trade; the Sep 113/117/121 fly. He even bought bought the 117P leaving the 121 puts outright. He'll never cover--he'll "roll" the loss into perpetuity like "Supertrader" Karen. The guy outed my IP address on his forum on Friday along with my email and one of my NV addresses (from PayPal). The guy is a POS and will suffer greatly if our paths ever cross. He's since deleted the thread.
Lukas V Xela Kim Klaiman Destriero is picking these guys off like shooting fish in a barrel. Who's next?