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Redditors gave Wall Street traders an absolute pasting

AndrewP said:
What was your buy in price?

At least your BTC will be mooning.
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I cashed out at a decent number for bitcoin recently. Happy enough, 8% profit after charges.
Money just sitting, waiting for the next crash to jump back in.

My GME was high. Not the peak, but high enough. Doesn't matter, I knew I was buying a lottery ticket at the time.
 

ReidysLeftLug said:
An example of an algorithm you have access to, well done...


What am I bullshitting about?
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What does one of the algorithms I have access do? I have one that trades a percentage of volume. So it looks at how much trades and matches that size. I have a twap. I have a vwap. Which algo are you referring to? It's like you have no idea
 
monkeytassle said:
This won't even get through the door. Did you sign the t&cs. Yes. Gavel, case closed.
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Ironically most of the class action suits are due to the legal terms Robinhood offered. Their mantra and USP is trading access for all so their terms were very much based around not taking unilateral or uncompelled action to restrict an open market.

Im not a lawyer so can’t judge how successful those claims will be but it seems to have split legal opinion. But Robinhoods entire approach was free market trading and their terms apparently reflect that.
 
MonkeyLove said:
Ironically most of the class action suits are due to the legal terms Robinhood offered. Their mantra and USP is trading access for all so their terms were very much based around not taking unilateral or uncompelled action to restrict an open market.

Im not a lawyer so can’t judge how successful those claims will be but it seems to have split legal opinion. But Robinhoods entire approach was free market trading and their terms apparently reflect that.
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You’ve been looking at algorithms aint ya!!
 
monkeytassle said:
Which algorithm are you referring to? You don't know you're clinging onto a word you have no idea what it means. You were showing some signs of knowing about stuff hit have just catered.
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I have no idea what the word algorithm means? Sure :lol:

I never claimed to know everything MT, go back through the posts and you'll see as much. This is what people in the thread were alluding to earlier about you being a bit of a knob
Not monitoring algos yet lists them... maybe AK exaggerated it but it certainly seems like you spend a lot of time monitoring algorithms. Not sure why you took offence to it to be honest. Probably because you believe yourself to be the greatest thing the world.
PTR said:
I cashed out at a decent number for bitcoin recently. Happy enough, 8% profit after charges.
Money just sitting, waiting for the next crash to jump back in.

My GME was high. Not the peak, but high enough. Doesn't matter, I knew I was buying a lottery ticket at the time.
Click to expand...
monkeytassle said:
What does one of the algorithms I have access do? I have one that trades a percentage of volume. So it looks at how much trades and matches that size. I have a twap. I have a vwap. Which algo are you referring to? It's like you have no idea
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VWAP - and there's me thinking you have some magic hocus pocus algo that gives you a greater insight :lol:
 
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ReidysLeftLug said:
I have no idea what the word algorithm means? Sure :lol:

I never claimed to know everything MT, go back through the posts and you'll see as much. This is what people in the thread were alluding to earlier about you being a bit of a knob
Not monitoring algos yet lists them... maybe AK exaggerated it but it certainly seems like you spend a lot of time monitoring algorithms. Not sure why you took offence to it to be honest. Probably because you believe yourself to be the greatest thing the world.



VWAP - and there's me thinking you have some magic hocus pocus algo that gives you a greater insight :lol:
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Just explain in simple fashion what magic algorithm it is you think I am watching. You can't hence why you're avoiding the question.
 
monkeytassle said:
Just explain in simple fashion what magic algorithm it is you think I am watching. You can't hence why you're avoiding the question.
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It isn't avoiding the question, the original statement was that you spend a lot of time monitoring algorithms you then spent god knows how long denying that to then admit you're actually doing it :lol:

It's like saying "you deal with money" then you turning, what money, then making out like you don't deal with money to turn round and say actually you deal with money.
 
ReidysLeftLug said:
It isn't avoiding the question, the original statement was that you spend a lot of time monitoring algorithms you then spent god knows how long denying that to then admit you're actually doing it :lol:

It's like saying "you deal with money" then you turning, what money, then making out like you don't deal with money to turn round and say actually you deal with money.
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Which algorithms do I spend 90% of my time monitoring and what use do they give me?
 
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