I bought VXX.
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18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,466 Blog Posts
My WNR is bigger than yours because I just purchased TVIX…..
By the way my average on TVIX is below 15….If you remember I posted that I was gambling 100K to the downside…
You neglected to mention the bad things that would happen if I followed you here!!
Your only son will end up looking like the guy in this video.
Thank you
wish you luck fly,
And so, it begins. Circa 2012.
50% TVIX 50% cash
should of bought it yesterday – fool
Why should I have bought it yesterday? Do you gather I am in it for just 0.50?
youknowitsme, you are being results oriented. If you have a 20 and the next person to hits gets an ace and the dealer hits 21 do you say “I should have hit on 20”?
Or do you say “I made the right decision it just so happens looking back on it, in that instance it would have worked out better if I had hit”
Do you lose with pocket aces after calling an all in before the flop in a cash game and say “I should have folded”?
If you lament not choosing the “perfect option” based upon results in an imperfect game, with many unknown variables and “alternate possibilities” (in this situation say 9/10 of the “alternate universes occurred the opposite way) you will end up making a lot of the stupid beginner mistakes. Buying every “bottom” to the penny is impossible unless you know what everyone in this world is predetermined to do (and that is only if we live in a world without freewill that may not change from one moment to the next.) Not to mention there may not be enough buyers at the exact penny to absorb your buy order anyways.
Sellers, you mean.
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no but 0.50 X 500,000 shares is nothing to sneeze at.
There probably was less than 500000 sellers at the exact bottom, not to mention the other buyers at that price. Even if you have a time machine and know what the bottom price was, good luck always getting a fill of 500,000 shares at the exact bottom.
*sellers=selling shares not people selling.
How do you like dem apples?
You might want to update your chart….
Just got fucked on ENER…. -80%
The chart didn’t show that one coming.
Craziest looking chart I’ve ever seen.
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Someone will tell you the ENER chart looked horrible.
VXX and TVIX buys will get their WNR’s chopped off
WNR???? someone say WNR…long and strong!!