• The forum upgrades are now largely complete.
    Please read this thread for more details.
    New user registrations are currently disabled.

Redditors gave Wall Street traders an absolute pasting

Billingham52 said:
Last time I will say it this is my first and only account the Admin will be able to verify my I-P showing where I am at and if its been used before . I never came on here to cause any bother just for a chat . You started all the bother with your crap attitude like the bloke above has said .
Click to expand...

VPN
 

This threads gone sour last things ill say on it the GME price is steady at 90ish I think it will rise in the weeks ahead I might buy some in the future. As for MonkeyTassle I get it you're a message board character playing a role being a wall street spiv 👍 Very good crack on . Any one who takes out he say's seriously must have been born yesterday. He seems to spend all his time on here giving it the big I am winning the internets when any genuine wall street spiv type would be knacker deep studying the markets making deals a million miles away from a chat forum arguing who's the bright spark :rolleyes:
BigPeter said:
VPN
Click to expand...



VPN ? LOL I think it will come back as Virgin media probably from the Hartlepool hub .


ask admin I don't mind at all
 
Last edited:
@monkeytassle (or anyone that has a clue)

Currently have 170 at an average of $11.50

If it hits $10 is it daft to sell half with a view of buying back next time it dips? (say $8). The aim would be to end up with slightly more shares but at a lower average price.
 
monkeytassle said:
Pair of clowns man. Its a clear piss take.
Click to expand...
One can never actually be sure with you 🤔🎢
monkeytassle said:
Ah another admirer. I've always been happy to answer questions. In fact I've given a lot of time to people and the board when they ask sensible questions. People don't like being challenged and I have explained multiple times and consistently challenge lazy stereotypes of my industry. Stuff like "hedge funds are selling to each other to drive the price down" is just plain nonsense. I understand its a very opaque industry but what I really really dislike is whn people question the morals and motives of a highly regulated industry. Regulation that I welcome given the malpractices of pre gfc. In short I don't and won't tolerate idiots who think they know more than they do.

As for teaching. I've been a tutor for a long time. I've steered 2 oxbridge graduates through their à levels and I mentor kids from under privileged estates. I sat in a park for 2h waiting for one lad. He hid in the bushes watching me to test my trustworthiness. His father figure always let him down and he wanted to know I wouldn't. He's now running his own business.

I'm a Dean on the intern scheme at work and am part of the network scheme to help introduce junior employees to senior employees.

yet. I'm a cock
Click to expand...
Tidied 😄
 
Some Random Guy said:
@monkeytassle (or anyone that has a clue)

Currently have 170 at an average of $11.50

If it hits $10 is it daft to sell half with a view of buying back next time it dips? (say $8). The aim would be to end up with slightly more shares but at a lower average price.
Click to expand...

Not financial advice but if I was in that position I would have bought more today/yesterday to average my losses then decided again at the $10 mark. Depends how much you have to play with I suppose and I stress the play with in something volatile like this, you're in a better position if you aren't leveraged (meaning you've bought the shares rather than a CFD for example). Then you also have to factor in how long you're willing to sit on it, if I really wanted to wait till lockdowns were over and bums were on seats then I would be best off buying when it dips imo

MT may offer some better advice/strategy
 
Some Random Guy said:
@monkeytassle (or anyone that has a clue)

Currently have 170 at an average of $11.50

If it hits $10 is it daft to sell half with a view of buying back next time it dips? (say $8). The aim would be to end up with slightly more shares but at a lower average price.
Click to expand...
Not at at all. I range trade all the time assuming the back test and vol adjusted returns are fine. I suspect however the returns are good but vol adjusted will be Abysmal
 
ReidysLeftLug said:
Not financial advice but if I was in that position I would have bought more today/yesterday to average my losses then decided again at the $10 mark. Depends how much you have to play with I suppose and I stress the play with in something volatile like this, you're in a better position if you aren't leveraged (meaning you've bought the shares rather than a CFD for example). Then you also have to factor in how long you're willing to sit on it, if I really wanted to wait till lockdowns were over and bums were on seats then I would be best off buying when it dips imo

MT may offer some better advice/strategy
Click to expand...
Martingale. It works well with hindsight and not so well with risk managers
ReidysLeftLug said:
Not financial advice but if I was in that position I would have bought more today/yesterday to average my losses then decided again at the $10 mark. Depends how much you have to play with I suppose and I stress the play with in something volatile like this, you're in a better position if you aren't leveraged (meaning you've bought the shares rather than a CFD for example). Then you also have to factor in how long you're willing to sit on it, if I really wanted to wait till lockdowns were over and bums were on seats then I would be best off buying when it dips imo

MT may offer some better advice/strategy
Click to expand...
Martingale. It works well with hindsight and not so well with risk managers
 
Billingham52 said:
This threads gone sour last things ill say on it the GME price is steady at 90ish I think it will rise in the weeks ahead I might buy some in the future. As for MonkeyTassle I get it you're a message board character playing a role being a wall street spiv 👍 Very good crack on . Any one who takes out he say's seriously must have been born yesterday. He seems to spend all his time on here giving it the big I am winning the internets when any genuine wall street spiv type would be knacker deep studying the markets making deals a million miles away from a chat forum arguing who's the bright spark :rolleyes:




VPN ? LOL I think it will come back as Virgin media probably from the Hartlepool hub .


ask admin I don't mind at all
Click to expand...

Not gonna ask an admin im not arsed just saying its possible.

So is it worth getting some coin into this? May take 500 out crypto and put it in.
@monkeytassle is it worth it?

Or ship sailed?
 
monkeytassle said:
Martingale. It works well with hindsight and not so well with risk managers

Martingale. It works well with hindsight and not so well with risk managers
Click to expand...

Everything works well with hindsight, you can spend time drawing fancy pictures on charts then something like this comes along or a pandemic which shuts the world down sends oil negative creates a liquidity crisis which then sees the fed roll out a literal money printer. I find it all fascinating to be honest :lol:
 
monkeytassle said:
Not at at all. I range trade all the time assuming the back test and vol adjusted returns are fine. I suspect however the returns are good but vol adjusted will be Abysmal
Click to expand...
Your trades probably don't cost you 0.5% of your total holding every time you buy and sell though...
 
monkeytassle said:
Ah another admirer. I've always been happy to answer questions. In fact I've given a lot of time to people and the board when they ask sensible questions. People don't like being challenged and I have explained multiple times and consistently challenge lazy stereotypes of my industry. Stuff like "hedge funds are selling to each other to drive the price down" is just plain nonsense. I understand its a very opaque industry but what I really really dislike is whn people question the morals and motives of a highly regulated industry. Regulation that I welcome given the malpractices of pre gfc. In short I don't and won't tolerate idiots who think they know more than they do.
Click to expand...
some of the regulation stuff is so over the top compared to other industries that don't get nowhere near the same attention, but that won't stop people coming out with soundbites that make them sound cool and anti city/wall street.
 
NYMackem said:
Your trades probably don't cost you 0.5% of your total holding every time you buy and sell though...
Click to expand...
Correct as I'm an institutional investor. I did have some big slippage selling vix tho
nyron4england said:
some of the regulation stuff is so over the top compared to other industries that don't get nowhere near the same attention, but that won't stop people coming out with soundbites that make them sound cool and anti city/wall street.
Click to expand...
My mate works for a company that did a sound ceiling for a media company . Blasted almost 3 grand on a night out. My limit is 50 quid a head.
 
Last edited:
ReidysLeftLug said:
Not financial advice but if I was in that position I would have bought more today/yesterday to average my losses then decided again at the $10 mark. Depends how much you have to play with I suppose and I stress the play with in something volatile like this, you're in a better position if you aren't leveraged (meaning you've bought the shares rather than a CFD for example). Then you also have to factor in how long you're willing to sit on it, if I really wanted to wait till lockdowns were over and bums were on seats then I would be best off buying when it dips imo

MT may offer some better advice/strategy
Click to expand...
I knocked my average share price down from about $13.50 to $11.50. I don't want to put any more it, I'm happy with where my other shares are.

Edit: $9.72
 
You must log in or register to reply here.
Back
Top