Mdawgs Investments
March 11th, 2021 at 10:40:44 AM
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Okay this is it. NFLX is making another run at it. I need 519 or better to get out in the green from this trade from last week.
If it closes around here it'll probably hit it tomorrow anyway, as long as this recovery remains intact. Lot of ifs! lol Well, not too many actually. NFLX has dropped something like eighty points from its ATH. It's DUE.
If it closes around here it'll probably hit it tomorrow anyway, as long as this recovery remains intact. Lot of ifs! lol Well, not too many actually. NFLX has dropped something like eighty points from its ATH. It's DUE.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
March 11th, 2021 at 11:30:29 AM
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Filled. Done. Probably should have raised it, but as that is the one trade that has been held at a loss since last week, that clears my table.
Buying on dips is not dead. Averaging in is what a good trader or investor DOES.
It was like watching paint dry for a while there. NFLX has hit 518 and change twice now and plummeted. But this time it made it over for me. For a bit there I was feeling like...DarkOz. 🤓
Buying on dips is not dead. Averaging in is what a good trader or investor DOES.
It was like watching paint dry for a while there. NFLX has hit 518 and change twice now and plummeted. But this time it made it over for me. For a bit there I was feeling like...DarkOz. 🤓
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
March 11th, 2021 at 11:37:20 AM
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Speaking of which. There's a little joy in Mudsville, eh? A twenty person new trial is giving investors hope?
CytoDyn’s Long-Haulers COVID-19 Trial Enrolled 20 Patients Within 10 Days; Enrollment to be Completed This Month
Then again....
Bronstein, Gewirtz & Grossman, LLC Announces Investigation of CytoDyn Inc. (CYDY) and Encourages Investors to Contact the Firm
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of CytoDyn Inc. - CYDY
Worst case scenario stockholders might be able to recoup some pennies on the dollar. DarkOz could always be a lead plaintiff, according to him he's a pretty big shareholder.
CytoDyn’s Long-Haulers COVID-19 Trial Enrolled 20 Patients Within 10 Days; Enrollment to be Completed This Month
Then again....
Bronstein, Gewirtz & Grossman, LLC Announces Investigation of CytoDyn Inc. (CYDY) and Encourages Investors to Contact the Firm
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of CytoDyn Inc. - CYDY
Worst case scenario stockholders might be able to recoup some pennies on the dollar. DarkOz could always be a lead plaintiff, according to him he's a pretty big shareholder.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
March 11th, 2021 at 12:01:13 PM
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Quote: MDawgSpeaking of which. There's a little joy in Mudsville, eh? A twenty person new trial is giving investors hope?
CytoDyn’s Long-Haulers COVID-19 Trial Enrolled 20 Patients Within 10 Days; Enrollment to be Completed This Month
Then again....
Bronstein, Gewirtz & Grossman, LLC Announces Investigation of CytoDyn Inc. (CYDY) and Encourages Investors to Contact the Firm
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of CytoDyn Inc. - CYDY
Worst case scenario stockholders might be able to recoup some pennies on the dollar. DarkOz could always be a lead plaintiff, according to him he's a pretty big shareholder.
Nope 100% wrong again.
Every time the price dips predatory law firms announce "investigations"
I'm surprised a lawyer like yourself doesn't know the difference between an investigation and an actual filed lawsuit.
Five times the price dipped and five times they announced new investigations. And five times nothing came of it because investors weren't losing money once the price rose again.
Guess what? The price is rising again
For Whom the bus tolls; The bus tolls for thee
March 11th, 2021 at 12:07:36 PM
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You really have a one track mind. The point of those investigations is not to drive the price of the stock up, or down - but to find clients. At this point - YOU are a potential client. You don't want to try to recoup some of your losses? Okay, fine.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
March 11th, 2021 at 12:14:04 PM
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Quote: MDawgYou really have a one track mind. The point of those investigations is not to drive the price of the stock up, or down - but to find clients. At this point - YOU are a potential client. You don't want to try to recoup some of your losses? Okay, fine.
I haven't lost a penny because I haven't sold.
I'm still trying to understand how a stock guru like yourself doesn't understand that.
Five times the price rose over my average. So if it happens again what am I going to tell the judge?
"Yeah, I made a profit but for awhile it was dicey."
I find it more and more difficult a stock guru and lawyer doesn't get it
For Whom the bus tolls; The bus tolls for thee
March 11th, 2021 at 12:21:53 PM
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For the last time, and from here on out I'll probably just continue with my posts without further response to anything you have to say on the subject.
You let a DOUBLE slip through your fingers something like five times, and are once again staring down the barrel of a loss. That is tragic.
For anyone else, general advice:
1) Don't buy crap penny stocks.
2) If you do, at least sell them when they are up!
You let a DOUBLE slip through your fingers something like five times, and are once again staring down the barrel of a loss. That is tragic.
For anyone else, general advice:
1) Don't buy crap penny stocks.
2) If you do, at least sell them when they are up!
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
March 11th, 2021 at 12:32:09 PM
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Quote: MDawgFor the last time, and from here on out I'll probably just continue with my posts without further response to anything you have to say on the subject.
You let a DOUBLE slip through your fingers something like five times, and are once again staring down the barrel of a loss. That is tragic.
For anyone else, general advice:
1) Don't buy crap penny stocks.
2) If you do, at least sell them when they are up!
I think I know what has happened to MDawg.
For the 3rd day in a row he gleefully checked my Cytodyn price, fantasizing about rubbing in how it's dropped again and most likely under $2...
Only to see his fantasy dissolve like a bad wet dream.
With Cytodyn now rising he quickly did a Google for any ammunition and came across some (predictable) predatory law firms.
It was all the short load he had to shoot today.
It's okay MDawg. Don't feel so bad for yourself.
For Whom the bus tolls; The bus tolls for thee
March 11th, 2021 at 1:33:16 PM
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I booked $740 on my TSLA trade. 20 shares. 665-702. Since I trade lots around 10% of what you do. I may call myself SPuppy.
If it drops into the mid 600’s I guess I’ll buy again....
If it drops into the mid 600’s I guess I’ll buy again....
March 11th, 2021 at 1:35:52 PM
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SPuppy, yes! That's like, grasshopper? But at this rate, the roles of master and disciple may reverse. When I first started trading I made plenty of mistakes, and you're off to a rip roaring start from the getgo.
The main principle, which it does seem you are following, is not to push it. If you see an opportunity, take it. Otherwise, you and I both have our long terms and we're not missing out on anything.
The main principle, which it does seem you are following, is not to push it. If you see an opportunity, take it. Otherwise, you and I both have our long terms and we're not missing out on anything.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
March 12th, 2021 at 7:36:25 AM
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Quote: SOOPOONow up 121%. One more up day and I’ll reach ATH.
Don't you know not to say anything in the middle of a no hitter!
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
March 12th, 2021 at 7:37:34 AM
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On the plus side, I'm booking right and left today.
I lost track. I will add it up when I'm done.
I REALLY missed out on that TSLA trade though...it barely filled at 673, dropped, next thing you know it was pushing 690. Back down now though....
I lost track. I will add it up when I'm done.
I REALLY missed out on that TSLA trade though...it barely filled at 673, dropped, next thing you know it was pushing 690. Back down now though....
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
March 12th, 2021 at 7:41:07 AM
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Booked 2900 so far. With ease.
Long terms way down today tho.
But the point is to keep booking trade money daily. It adds up! and eventually, the long terms come back anyway.
Looks like I picked the right time to sell that NFLX trade yesterday @ 519. It's below 510 today. May re-buy some trading shares.
Long terms way down today tho.
But the point is to keep booking trade money daily. It adds up! and eventually, the long terms come back anyway.
Looks like I picked the right time to sell that NFLX trade yesterday @ 519. It's below 510 today. May re-buy some trading shares.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
March 12th, 2021 at 8:07:31 AM
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'Nother five hunny. 3400.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
March 12th, 2021 at 10:43:46 AM
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Welllll.... I booked $170 trading 10 shares of TSLA. 676-693. I have 3 shares of AMZN waiting for 3080. I have to remember it is real money....
Edit. It did hit 3080. Booked another $75! SPuppy on a roll!
Edit. It did hit 3080. Booked another $75! SPuppy on a roll!
March 12th, 2021 at 11:35:02 AM
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Excellent!
Anything you book on a down day like this is just money in the bank.
Anything you book on a down day like this is just money in the bank.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
March 12th, 2021 at 11:45:51 AM
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Do I understand correctly: You turned a stake of 203,300 into 203,800 on that latter google trade? and if it had gone south, you'd probably have averaged in by investing maybe another 200,000 or so?Quote: MDawg'Nother five hunny. 3400.
Psalm 25:16
Turn to me and be gracious to me, for I am lonely and afflicted.
Proverbs 18:2
A fool finds no satisfaction in trying to understand, for he would rather express his own opinion.
March 12th, 2021 at 11:54:49 AM
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I should have let it ride, woulda made like 2K. But on each of my trades, something like 90% of them would have made more money by letting them ride. However, 10% would have dropped to where being greedy would have been a bad idea, and left me stuck.
For all of these stocks in which I trade I hold long time shares. Trading another 100 or even 500 additional shares isn't a huge additional expenditure.
SooPoo one thing you don't have to deal with anymore, which the rest of us had to factor in - commission. Even at 6.95 or whatever it was (I used to pay 4.95 as my account was grandfathered in), and it was much more in the earlier days, it adds up! Nowadays - only SEC fees on the way out. Everyone is commissionless. (Except on penny stocks, I believe they all still charge commission on those.)
For all of these stocks in which I trade I hold long time shares. Trading another 100 or even 500 additional shares isn't a huge additional expenditure.
SooPoo one thing you don't have to deal with anymore, which the rest of us had to factor in - commission. Even at 6.95 or whatever it was (I used to pay 4.95 as my account was grandfathered in), and it was much more in the earlier days, it adds up! Nowadays - only SEC fees on the way out. Everyone is commissionless. (Except on penny stocks, I believe they all still charge commission on those.)
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
March 12th, 2021 at 1:09:49 PM
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Quote: MDawgI should have let it ride, woulda made like 2K. But on each of my trades, something like 90% of them would have made more money by letting them ride. However, 10% would have dropped to where being greedy would have been a bad idea, and left me stuck.
For all of these stocks in which I trade I hold long time shares. Trading another 100 or even 500 additional shares isn't a huge additional expenditure.
SooPoo one thing you don't have to deal with anymore, which the rest of us had to factor in - commission. Even at 6.95 or whatever it was (I used to pay 4.95 as my account was grandfathered in), and it was much more in the earlier days, it adds up! Nowadays - only SEC fees on the way out. Everyone is commissionless. (Except on penny stocks, I believe they all still charge commission on those.)
You pay commission on OTC or ‘pink sheet’ stocks. I do own a few of those. I’m old enough to remember when a trader would pay $$$ to make a trade. Those days are long gone. The SEC fees are literally pennies.
I have taken your advice.... and am trading stocks that if they go down I’m ok holding.
March 12th, 2021 at 1:25:27 PM
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I know you recall when they all charged commission - that was less than two years ago that it changed. I just meant that for a TRADER, which you're new to this rapid fire trading, correct? that the end of commission means a lot. Book thousands of trades a year and even five dollars per each open and close adds up!
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
March 13th, 2021 at 8:13:33 AM
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Not a bad way to start the day.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
March 13th, 2021 at 10:02:40 AM
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I made 10 million dollars today. Not a bad way to start the day.Quote: MDawgNot a bad way to start the day.
I may or may not be making that up, but just so people know, an anonymous person on the internet can make anything up.
Oh but Axel, there's pictures of a trade app... Yeah well I'll give picture of my 10 million dollars... Just PM me..
Last edited by: AxelWolf on Mar 13, 2021
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
March 13th, 2021 at 11:35:42 AM
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Quote: AxelWolfI made 10 million dollars today. Not a bad way to start the day.Quote: MDawgNot a bad way to start the day.
I may or may not be making that up but just so people know an anonymous person on the internet can make anything up..
Oh but Axel there's pictures of a a trade app... Yeah well I'll give picture of my 10 million dollars... Just PM me..
You know the funny thing is MDawg doesn't believe I make as much as $20,000 in a week but wants everyone to believe he never loses at stocks or Baccarat
For Whom the bus tolls; The bus tolls for thee
March 13th, 2021 at 12:28:09 PM
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We get it. For the millionth time. You don’t believe him. I may or may not believe him but I am not interjecting over and over either.
Some people just need to use the block feature and let it go already. This is beyond old now. Round and round this goes like an annoyingly broken record.
Life’s short. Move on.
Some people just need to use the block feature and let it go already. This is beyond old now. Round and round this goes like an annoyingly broken record.
Life’s short. Move on.
Playing #DH Texas Poker# Texas Hold 'Em by Droid Hen Droidhen use referral code 8pjpdna
March 13th, 2021 at 12:42:03 PM
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Quote: FTBWe get it. For the millionth time. You don’t believe him. I may or may not believe him but I am not interjecting over and over either.
Some people just need to use the block feature and let it go already. This is beyond old now. Round and round this goes like an annoyingly broken record.
Life’s short. Move on.
What makes the Hatfield's and McCoy's so interesting was not when they just let it go and moved on
For Whom the bus tolls; The bus tolls for thee
March 13th, 2021 at 4:10:16 PM
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Quote: darkozQuote: AxelWolfI made 10 million dollars today. Not a bad way to start the day.Quote: MDawgNot a bad way to start the day.
I may or may not be making that up but just so people know an anonymous person on the internet can make anything up..
Oh but Axel there's pictures of a a trade app... Yeah well I'll give picture of my 10 million dollars... Just PM me..
You know the funny thing is MDawg doesn't believe I make as much as $20,000 in a week but wants everyone to believe he never loses at stocks or Baccarat
I agree with FTB. If you aren't adding ANYTHING please don't post it. And..... I don't think there is anyone here who doesn't think you HAVE MADE $20k in a week, but that is not the same as saying I MAKE $20k a week! As stated way up thread, if you are just trading a few stocks, and they are at or near all time highs, and you are willing to hold on down swings, yes, you can 'never lose'. I own hundreds of stocks, so if I claimed I never lose that would be 'incompatible with the math'. But with 5 or 10, quite reasonable. As far as the baccarat... I do agree with you, but what is the point of beating that dead horse?
March 13th, 2021 at 6:20:30 PM
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Quote: SOOPOOQuote: darkozQuote: AxelWolfI made 10 million dollars today. Not a bad way to start the day.Quote: MDawgNot a bad way to start the day.
I may or may not be making that up but just so people know an anonymous person on the internet can make anything up..
Oh but Axel there's pictures of a a trade app... Yeah well I'll give picture of my 10 million dollars... Just PM me..
You know the funny thing is MDawg doesn't believe I make as much as $20,000 in a week but wants everyone to believe he never loses at stocks or Baccarat
I agree with FTB. If you aren't adding ANYTHING please don't post it. And..... I don't think there is anyone here who doesn't think you HAVE MADE $20k in a week, but that is not the same as saying I MAKE $20k a week! As stated way up thread, if you are just trading a few stocks, and they are at or near all time highs, and you are willing to hold on down swings, yes, you can 'never lose'. I own hundreds of stocks, so if I claimed I never lose that would be 'incompatible with the math'. But with 5 or 10, quite reasonable. As far as the baccarat... I do agree with you, but what is the point of beating that dead horse?
About the same as MDawg literally watching Cytodyn every day so that he can post when it goes down.
I think if he is obsessed with me I can be critical of him in return
For Whom the bus tolls; The bus tolls for thee
March 14th, 2021 at 9:22:41 AM
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Imagine if you hadn't sold any.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
March 15th, 2021 at 8:00:41 AM
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Quick nine hunny today. Was looking iffy on AMZN as it went all the way down to 3033 or so after I bot the third trade at 3044, but all's well that ends well. Was prepared to average in more at 3031. Daylight Saving Time in effect - I woke up a lil late today was up late last night!
Last edited by: MDawg on Mar 15, 2021
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
March 17th, 2021 at 7:21:07 AM
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I try not to get out of bed before booking at least a K. Today that was no problem - and I could have booked about 8X if I had held that trade just a few more minutes.
Yesterday, I wasn't really trying but got bored while waiting for a take-out order, so I entered another trade, and ended up having to average in...to end up booking just a couple hunny.
Still, that's 1450 in two days without even trying.
Yesterday, I wasn't really trying but got bored while waiting for a take-out order, so I entered another trade, and ended up having to average in...to end up booking just a couple hunny.
Still, that's 1450 in two days without even trying.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
March 17th, 2021 at 12:40:16 PM
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I’m in Florida.... out and about... but as the Dawg says.... I booked a hunny..... 10 shares TSLA 680-690.
Still stuck with NOK and NAK. NAK getting close to back even....
Still stuck with NOK and NAK. NAK getting close to back even....
March 17th, 2021 at 12:48:58 PM
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Quote: SOOPOOI’m in Florida....
I hope you give us a trip report. I just booked 4 nights in Myrtle Beach today.
At my age, a "Life In Prison" sentence is not much of a deterrent.
March 17th, 2021 at 12:55:54 PM
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Quote: DRichI hope you give us a trip report. I just booked 4 nights in Myrtle Beach today.
I have never even considered a trip report. Here’s today... woke up, had a doughnut and went golfing. First 9 holes were a horror, 50, probably 53-55 if played by the full rules... second nine... much better, was 5 over after 8, then lost count on the 18th hole. Who the hell is interested in that? After golf went with real estate agent... looked at houses... none ‘perfect’ for us.
So not suspended for hijacking.... I know it’s just a ‘hunny’, but it just feels good to push a few buttons and make it. In a weird way I’m glad I have the two ‘trades’ that are still underwater to remind me there are no guarantees.
March 17th, 2021 at 1:44:42 PM
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Quote: MDawg
Still, that's 1450 in two days without even trying.
First two buys of Tesla, MDawg put (100*688+100*671)=$135,900 into play, and ultimately at stake. With that, he pulled a profit of (200*680.5)-135900=$200
It might be remarkable that MDawg has no fear when wagering $135,900 on this daily wager. But a profit of $200 on the 'session trade' is not in the least bit unlikely or impressive.
200/135900=0.147% of stake.
Whoopedy Doo..
He could* do this day in. day out for years with high probability of success. Heck, he could have martingaled $200 on roulette red just as easily. With bad luck he might have gone something like. . .
-200 (200 up or 200 down))
-(200+400) (200 up or 600 down)
-((200+400)+800) (200 up or 1400 down)
-(((200+400)+800)+1600) (200 up or 3000 down)
-((((200+400)+800)+1600)+3200) (200 up or 6200 down)
-(((((200+400)+800)+1600)+3200)+6400) (200 up or 12600 down)
-((((((200+400)+800)+1600)+3200)+6400)+12800) (200 up or 25400 down)
-(((((((200+400)+800)+1600)+3200)+6400)+12800)+25600) (200 up or 51000 down)
-((((((((200+400)+800)+1600)+3200)+6400)+12800)+25600)+51200) (200 up or 102200 down)
In other words, he'd be $200 up with just ONE winning spin out of 9: Probability of success = 1-((18/37)^9) =99.85%
And, of course, being MDawg, he could just draw down a few hundred more K from his line if that 9th spin went bad.
I don't know whether MDawg ever actually buys these shares or puts these significant funds at risks. He claims he does, so I won't call him a liar. I sure as heck would never try to emulate him by 'averaging in' aggressively and putting hundreds of thousands at risk just so i could claim the kudos of being a consistent hit and run 'winner'.
Shares hit an all time high time after time, forever.... until they don't.
Averaging in: Investors Martingale
Serious question to MDawg. Why don't you leverage?
Psalm 25:16
Turn to me and be gracious to me, for I am lonely and afflicted.
Proverbs 18:2
A fool finds no satisfaction in trying to understand, for he would rather express his own opinion.
March 17th, 2021 at 1:57:52 PM
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Quote: OnceDearQuote: MDawg
Still, that's 1450 in two days without even trying.
First two buys of Tesla, MDawg put (100*688+100*671)=$135,900 into play, and ultimately at stake. With that, he pulled a profit of (200*680.5)-135900=$200
It might be remarkable that MDawg has no fear when wagering $135,900 on this daily wager. But a profit of $200 on the day is not in the least bit unlikely or impressive/
200/135900=0.147% of stake.
Whoopedy Doo..
He could* do this day in. day out for years with high probability of success. Heck, he could have martingaled $200 on roulette red just as easily. With bad luck he might have gone something like. . .
-200 (200 up or 200 down))
-(200+400) (200 up or 600 down)
-((200+400)+800) (200 up or 1400 down)
-(((200+400)+800)+1600) (200 up or 3000 down)
-((((200+400)+800)+1600)+3200) (200 up or 6200 down)
-(((((200+400)+800)+1600)+3200)+6400) (200 up or 12600 down)
-((((((200+400)+800)+1600)+3200)+6400)+12800) (200 up or 25400 down)
-(((((((200+400)+800)+1600)+3200)+6400)+12800)+25600) (200 up or 51000 down)
-((((((((200+400)+800)+1600)+3200)+6400)+12800)+25600)+51200) (200 up or 102200 down)
In other words, he'd be $200 up with just ONE winning spin out of 9: Probability of success = 1-((18/37)^9) =99.85%
And, of course, being MDawg, he could just draw down a few hundred more K from his line if that 9th spin went bad.
I don't know whether MDawg ever actually buys these shares or puts these significant funds at risks. He claims he does, so I won't call him a liar. I sure as heck would never try to emulate him by 'averaging in' aggressively and putting hundreds of thousands at risk just so i could claim the kudos of being a consistent hit and run 'winner'.
Shares hit an all time high time after time, forever.... until they don't.
Averaging in: Investors Martingale
Serious question to MDawg. Why don't you leverage?
Except the stock market is +EV. So your critique isn’t quite accurate.
The race is not always to the swift, nor the battle to the strong; but that is the way to bet.
March 17th, 2021 at 2:03:26 PM
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The stock market has tended to be +EV over many/most intervals for as long as we can remember. I'll give you that.Quote: unJonExcept the stock market is +EV. So your critique isn’t quite accurate.
Another two questions for MDawg: Do you have a Bid:Ask spread on these shares? Are there ANY trading platform costs or commissions?
Psalm 25:16
Turn to me and be gracious to me, for I am lonely and afflicted.
Proverbs 18:2
A fool finds no satisfaction in trying to understand, for he would rather express his own opinion.
March 17th, 2021 at 5:44:20 PM
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Quote: OnceDearThe stock market has tended to be +EV over many/most intervals for as long as we can remember. I'll give you that.
Another two questions for MDawg: Do you have a Bid:Ask spread on these shares? Are there ANY trading platform costs or commissions?
I’m also doing what Dawg is doing. There are essentially no fees now, other than a few pennies here and there.
Today I put around $7k ‘at risk’ to make $100. If I failed, it’s not like the entire $7k disappears. I would have just owned 10 more TSLA shares than I already do. So if I didn’t put that 7k at risk doing this, what would I have been doing with it? Close to nothing..... my cash is earning less than .1% annually! I have been apparently more aggressive than MDawg, as I have done maybe 10 stocks recently. He has only posted I think two stocks... TSLA and AMZN.
As far as a bid/ask spread... good question.... yes! I’ve always said that is the hidden fee you don’t see. But for heavily traded stocks it is pretty small.
March 17th, 2021 at 10:02:41 PM
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These days there are only SEC fees on the way out - no commission. SEC fees are 5.10 per 1000000 , so - yes, if you're doing the larger trades these do actually add up. 400 shares of AMZN on the exit, assuming 1.2M costs me 6.12 which is not insignificant compared to what I was most recently paying for commission, 4.95 per trade.
BID/ASK spread is just a way for market makers (MMs) to make money on transactions. They buy at one end and sell at the other and pocket the difference. Sometimes this spread, on for example AMZN is as much as five dollars when the mms are being really greedy, other times I have seen it as low as a penny on TSLA. I use the spread as an indicator of which direction the stock might be about to move, in the very short term, as in - seconds or minutes. Which spreads mean what, and at what times? Well, you'll just have to figure that out for yourself - and most traders never figure it out. Watching where the fills are coming in compared to the Bid and Ask is another way to figure out which way the stock is moving in the very short term. Some traders also use Level 2 which shows everyone lined up on the BID and ASK as a further indicator of which way the wind is blowing - I do glance at Level 2 sometimes, but I've gone well beyond the need to rely on it.
Bid/Ask also obviously stops you from buying and selling instantly at a profit, but let's say you buy AMZN at 3130 and at that moment it is running 3129 x 3131, well, yes that means that it will need to run one dollar or so before you are even, but in practice, especially for the practically scalping trades I do for these very large caps (just a few points, maybe five) it's almost a non-issue - if fast moving stocks like these run in your direction at all, you will be more than put into the green.
SooPoo, whether he realizes it or not, is actually more swing than day trading. I buy larger lots and go for just a few points. I used to buy even larger lots, and go for 1 point only. He's buying relatively small lots and going for enough points to make something worthwhile - swing trading. I swing trade only when I get stuck past the day - in such cases I am no longer content with just a few points and generally actually RAISE my sell to make some more serious money to compensate me for my time stuck in the trade. As I have said many times, it may seem counterintuitive to RAISE your sell price after you're even more points away from it than before, but the correct theory is that when it makes it all the way back to that original mark it will almost invariably bust through higher.
BTC making a comeback towards its highs.
BID/ASK spread is just a way for market makers (MMs) to make money on transactions. They buy at one end and sell at the other and pocket the difference. Sometimes this spread, on for example AMZN is as much as five dollars when the mms are being really greedy, other times I have seen it as low as a penny on TSLA. I use the spread as an indicator of which direction the stock might be about to move, in the very short term, as in - seconds or minutes. Which spreads mean what, and at what times? Well, you'll just have to figure that out for yourself - and most traders never figure it out. Watching where the fills are coming in compared to the Bid and Ask is another way to figure out which way the stock is moving in the very short term. Some traders also use Level 2 which shows everyone lined up on the BID and ASK as a further indicator of which way the wind is blowing - I do glance at Level 2 sometimes, but I've gone well beyond the need to rely on it.
Bid/Ask also obviously stops you from buying and selling instantly at a profit, but let's say you buy AMZN at 3130 and at that moment it is running 3129 x 3131, well, yes that means that it will need to run one dollar or so before you are even, but in practice, especially for the practically scalping trades I do for these very large caps (just a few points, maybe five) it's almost a non-issue - if fast moving stocks like these run in your direction at all, you will be more than put into the green.
SooPoo, whether he realizes it or not, is actually more swing than day trading. I buy larger lots and go for just a few points. I used to buy even larger lots, and go for 1 point only. He's buying relatively small lots and going for enough points to make something worthwhile - swing trading. I swing trade only when I get stuck past the day - in such cases I am no longer content with just a few points and generally actually RAISE my sell to make some more serious money to compensate me for my time stuck in the trade. As I have said many times, it may seem counterintuitive to RAISE your sell price after you're even more points away from it than before, but the correct theory is that when it makes it all the way back to that original mark it will almost invariably bust through higher.
BTC making a comeback towards its highs.
Last edited by: MDawg on Mar 17, 2021
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
March 18th, 2021 at 7:37:51 AM
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Booked my K so I felt justified in getting out of bed a bit ago. Had to hang tough especially on that AMZN trade - took a long time to come around, but I wanted the balance of that K for the day and wasn't going to let up until I got a fill. By the way, I noticed the spread on AMZN at around 6 dollars today at times. 🤓
Enjoy the posting of these trades until the end of the month. After that the wager related to the authenticity of these trades will no longer be available, so I'll probably just revert to mentioning some of the trades and no longer going to all this effort of posting every corroborating screenshot.
The other wager, related to the authenticity of my casino WIN statements is available too, until the end of this month.
SooPoo, this is another example of why the early morning trades are often higher probability - as the Nasdaq was pushing minus 250 I kept saying to myself, "it's too early for this much of a drop," and I was right. Later on - anything goes. We might push higher we might test lower lows.
As usual I could have made a lot more on each of my trades, but that is a testament to how high probability they were. Entry points were savagely good, real take it or leave it bottom fishing. And that's the way you want to be with day trading - take an opportunity of you see it, be patient, and don't even pull the trigger at all until and unless the time is right.
Enjoy the posting of these trades until the end of the month. After that the wager related to the authenticity of these trades will no longer be available, so I'll probably just revert to mentioning some of the trades and no longer going to all this effort of posting every corroborating screenshot.
The other wager, related to the authenticity of my casino WIN statements is available too, until the end of this month.
SooPoo, this is another example of why the early morning trades are often higher probability - as the Nasdaq was pushing minus 250 I kept saying to myself, "it's too early for this much of a drop," and I was right. Later on - anything goes. We might push higher we might test lower lows.
As usual I could have made a lot more on each of my trades, but that is a testament to how high probability they were. Entry points were savagely good, real take it or leave it bottom fishing. And that's the way you want to be with day trading - take an opportunity of you see it, be patient, and don't even pull the trigger at all until and unless the time is right.
Last edited by: MDawg on Mar 18, 2021
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
March 18th, 2021 at 10:34:02 AM
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Got bored so I plucked another six hunny out of nowhere with a couple bottom fishing lightweight TSLA trades. Bot 100 NFLX for a swing trade if it hits 515 today will sell, otherwise will hold for a bit. Going to head to the gym now, eat then resume Baccarat play.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
March 18th, 2021 at 2:35:27 PM
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Couldn't resist one more trade before going to the gym. Had to average in, but it worked out, as always. I suppose that is my version of a stop loss - instead of losing, just average in, and then get the h. out at a small profit if it isn't quite going My Way. Day's trading tally would be 1800. Booked.
Market fell apart as I was at the gym though....
All righty, workout completed, we ate, a little (actually a lot) of fun 😉 in the suite and then...down to the lion's den for today's action.
Market fell apart as I was at the gym though....
All righty, workout completed, we ate, a little (actually a lot) of fun 😉 in the suite and then...down to the lion's den for today's action.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
March 19th, 2021 at 5:25:32 AM
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I agree. My trades would definitely be more accurately called ‘swing trades’ than ‘day trades’. I think I’m going to take your advice and do my ‘buys’ early in the day from now on. This week I’m on vacation and don’t feel like trading from the golf course! So I just have one buy... it was TSLA at 669, and I have a sell order in at 681. I haven’t checked yet but I think it is down still.
March 19th, 2021 at 5:30:11 AM
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I'm up to check the market. At the moment the bounce isn't on the level of yesterday's drop, but at least we're in the green today as far as techs.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
March 19th, 2021 at 7:18:02 AM
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Okay this is not good...the initial further sell off was predictable, followed by the pop up, but now it looks like a second wave of selling on tech. Usually the way this works is that there is a further sell off that takes the shares away from the weak hands who think, Ouch! there is no recovery, and then we roar. At the moment, we saw practically a double bottom. Still, the Nasdaq should be solidly in the green by later.
Anyway, I did just one trade.
I had an order to buy TSLA at 631 for a trade but cancelled it out when I got stuck for a bit in this AMZN trade (initially dropped to 3016 or so).
Anyway, I did just one trade.
I had an order to buy TSLA at 631 for a trade but cancelled it out when I got stuck for a bit in this AMZN trade (initially dropped to 3016 or so).
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
March 19th, 2021 at 11:32:59 AM
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Okay, as advertised we got that dark greenie going on in the Nasdaq, let's hope it holds.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
March 21st, 2021 at 7:26:25 PM
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Where we need it the most, we do have green right now.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
March 22nd, 2021 at 5:15:45 AM
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So I’m now up on my latest TSLA buy. It was 669. I had sell order in but it expired... would have hit at a profit. Am now greedier. Put sell in at 687 to try and ‘book $180’.
Just saw my son for first time in over a year. He gets to put $6k a year in IRA, but he has me manage it. So we went on line to check and have him transfer the $6k in for 2021. I looked at what we bought the last two years.... about 18 months ago I bought him 1000 shares of NIO at $1.95. Now that $2k is worth around $45k! Recently also bought him BUG ( he’s the entomologist) which has also skyrocketed. Interesting that in his portfolio I really HODL and it has exploded! He has maybe 20 positions acquired over last 8 years and every one is in the green.
Just saw my son for first time in over a year. He gets to put $6k a year in IRA, but he has me manage it. So we went on line to check and have him transfer the $6k in for 2021. I looked at what we bought the last two years.... about 18 months ago I bought him 1000 shares of NIO at $1.95. Now that $2k is worth around $45k! Recently also bought him BUG ( he’s the entomologist) which has also skyrocketed. Interesting that in his portfolio I really HODL and it has exploded! He has maybe 20 positions acquired over last 8 years and every one is in the green.
March 22nd, 2021 at 6:21:14 AM
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YES I just saw that, TSLA is up something like +26 in the pre-. It will probably fade at the open but 687 is reasonable for sometime today, after an initial drop.
Also the NFLX I bot for a swing trade is now +5 from where I acquired it, but I want at least 520 for it and have entered a GTC of 520 for that trade.
If I were trading this morning I'd look for big dips on AMZN or TSLA, maybe GOOGL, and buy the dips. When they open heavily in the green like this I won't touch them, not for trades anyway. By dips I don't mean all the way to the red, although AMZN may actually get red at some point today, I just mean solid dips from their highs.
Also the NFLX I bot for a swing trade is now +5 from where I acquired it, but I want at least 520 for it and have entered a GTC of 520 for that trade.
If I were trading this morning I'd look for big dips on AMZN or TSLA, maybe GOOGL, and buy the dips. When they open heavily in the green like this I won't touch them, not for trades anyway. By dips I don't mean all the way to the red, although AMZN may actually get red at some point today, I just mean solid dips from their highs.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
March 22nd, 2021 at 6:37:06 AM
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TSLA both popped! and faded! at the open. More than got your 687 though, eh?
AMZN did go red as predicted but I was too cheap on my order - 3065, and it went only as low as 3067 so I didn't get any.
GOOGL looks promising for a dip buy around 2013.
AMZN did go red as predicted but I was too cheap on my order - 3065, and it went only as low as 3067 so I didn't get any.
GOOGL looks promising for a dip buy around 2013.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
March 22nd, 2021 at 6:39:46 AM
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Okay, so far I was too cheap there too. Put in 2011. Didn't hit.
And that's the way you do SooPoo, as far as DIP BUYING - be patient, wait for the stock to come to you, and if it doesn't, just don't trade that morning at all. Yes, you'll miss some trades but you'll also miss some heartache too.
And that's the way you do SooPoo, as far as DIP BUYING - be patient, wait for the stock to come to you, and if it doesn't, just don't trade that morning at all. Yes, you'll miss some trades but you'll also miss some heartache too.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
