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MDawg
MDawg
Joined: Sep 27, 2018
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May 18th, 2022 at 11:38:30 AM permalink
Lowered it slightly, filled at 2143. Looking for maybe 2146 to scalp.
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MDawg
MDawg
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May 18th, 2022 at 11:45:38 AM permalink
Filled @ 2146. Another minor Cha'Ching!

So that's $6K today on a day that AMZN plummeted. With ease. (If you know what you're doing and are a highly trained surgeon.) Highest probability trades only!

As Ordell Robbie said in Jackie Brown, "Start adding these figures up, tell me this ain't the bidness to be in."

I tell you itís wonderful to be here, man. I donít give a damn who wins or loses. Itís just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
MDawg
MDawg
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May 18th, 2022 at 11:51:41 AM permalink
NOW, while it's tempting to hit it again, it's getting too close to the bell. It'll probably pop for a bit, then either keep going from there or maybe drop again to 2135 or so. Lower probability trades here on out.

But if I WERE to try to hit it again I'd either ride it on the way up during the beginning of the Power Hour, or wait for an absolute bottom of ragged claws scuttling across the floors of silent seas at say, 2133 or so, if it even gets that low.
I tell you itís wonderful to be here, man. I donít give a damn who wins or loses. Itís just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
MDawg
MDawg
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May 18th, 2022 at 1:43:46 PM permalink
Quote: MDawg


As Ordell Robbie said in Jackie Brown, "Start adding these figures up, tell me this ain't the bidness to be in."


link to original post


Here's the story of the scene....

The big operators who have been long straight going back fifteen years or so, as I have been, or even longer, we've suffered paper losses but we're still fine.

And the stock traders who know what they are doing, also like me, will continue to make money no matter what the market brings.

But the ones who came up quickly, say in the last year or two, they might just end up panicking (or already have) and will give back most all of what they didn't blow already. That's just the way it is. There are two overlapping principles at stake:

1. Get rich quick doesn't always last (fast money, goes fast).

2. As far as short term: the market has a way of taking back what was taken from it, unless you really know what you are doing, or cash out and stay out.

Sorry but most of these guys who were counting their hundreds of thousands or millions aren't necessarily going to get to stay in the socioeconomic group they thought they had achieved. From what I am reading online most all of the Reddit kids are crying that they've lost it all, already.

The market can't make everyone a millionaire at once! There have to be ebbs and flows.


So, basically, for the best chance of success...stay the course. Otherwise, you'd better be good and lucky or you might get eaten alive!
Last edited by: MDawg on May 18, 2022
I tell you itís wonderful to be here, man. I donít give a damn who wins or loses. Itís just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
AlanMendelson
AlanMendelson
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May 18th, 2022 at 2:54:42 PM permalink
Gamblers might be unfamiliar with the stock market in this regard: the stock market is not a zero sum game.
billryan
billryan
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May 18th, 2022 at 7:45:12 PM permalink
Quote: AlanMendelson

Gamblers might be unfamiliar with the stock market in this regard: the stock market is not a zero sum game.
link to original post



It is when you past post. I have a hot tip on the Kentucky Derby for you.
The difference between fiction and reality is that fiction is supposed to make sense.
MDawg
MDawg
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May 18th, 2022 at 9:05:59 PM permalink
Why do even two identical BillRyan posts not amount to more than one hand clapping?


That is to say, amount to a Cha (without a Ching).
I tell you itís wonderful to be here, man. I donít give a damn who wins or loses. Itís just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
MDawg
MDawg
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May 20th, 2022 at 9:16:19 AM permalink
AMZN 2131 to 2133. Ain't no big thing, just a minor Cha'Ching!
I tell you itís wonderful to be here, man. I donít give a damn who wins or loses. Itís just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
MDawg
MDawg
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May 20th, 2022 at 9:53:23 AM permalink
TSLA, 641 to 643. Looked a little dicey there for a minute, but in the time it took to respond to yet another imprecise DarkOz post, I got a fill. Cha'Ching!
I tell you itís wonderful to be here, man. I donít give a damn who wins or loses. Itís just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
MDawg
MDawg
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May 31st, 2022 at 12:20:09 PM permalink
Quote: MDawg

Iíd advise against a situation where you might end up selling at the bottom and then get stuck watching it rise the rest of your life and not want to reenter higher. When something good drops that far that fast it usually bounces back. If your stop loss was only fifty cents below yesterday's SPY close, you were stopped out today at the open at 398.
link to original post


Ace2, okay so you got stopped out at 398 or so. SPY is about fifteen points higher now. So when will you buy back?
I tell you itís wonderful to be here, man. I donít give a damn who wins or loses. Itís just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/

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