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MDawg
MDawg
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November 24th, 2021 at 12:13:38 PM permalink
What'd you say? You being a wise guy with me?

How about this. I'll put up what I made in my actual trade, $10000. that my trade was real. You propose how to verify. I'll put up another $10000. that your trade was not real. Have the Wizard hold the $40000. Winner takes $20000 on each challenge. If you're not willing to take up both challenges, don't expect me to bother commenting much on your nonsensical posts in the future.
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/
SOOPOO
SOOPOO
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November 26th, 2021 at 6:02:04 AM permalink
Big drop coming today. Buying opportunity for the big Dawg!
billryan
billryan
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November 26th, 2021 at 6:23:55 AM permalink
Years ago, when I had friends that worked on Wall Street they told me this is a dangerous time of the year. Brokers work for their salary, but they live for their year-end bonus which can be more than their salary.
Many firms base bonus's on Jan 1 to Thanksgiving, so December is a period of coasting.
The difference between fiction and reality is that fiction is supposed to make sense.
MDawg
MDawg
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November 26th, 2021 at 8:20:43 AM permalink
The stocks I am into trading mostly just dropped from the bell, and I'm not so into shorting.

I have an order to buy extra shares of AMZN for trading if it hits 3518.
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/
MDawg
MDawg
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November 26th, 2021 at 8:32:26 AM permalink
FILLED. And then popped. 3534 now, might let it go.
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/
MDawg
MDawg
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November 26th, 2021 at 9:55:51 AM permalink
Out, 3531. Full boat, 1000 shares this time. Cha'ching!

Considering another trade at the triple bottom, but I gotta go into town now for some business appointments so that might be it for 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/
MDawg
MDawg
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November 30th, 2021 at 8:12:25 AM permalink
A lot of turbulence lately, Omicron wise.
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/
SOOPOO
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November 30th, 2021 at 4:44:11 PM permalink
Quote: MDawg

A lot of turbulence lately, Omicron wise.
link to original post



Not if you are heavy in TSLA and AAPL. Unfortunately, I’m not heavy enough…
MDawg
MDawg
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November 30th, 2021 at 4:56:33 PM permalink
I am heavily into both and they did take my account green today but; still, it wasn't a rip roaring over all up day by any means, just that the green outweighed the red.
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/
technics
technics
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November 30th, 2021 at 6:41:17 PM permalink
Tell us about the tax complications of day trading.

I much prefer selling covered calls.
MDawg
MDawg
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November 30th, 2021 at 7:03:43 PM permalink
First off, day trade swing trade not any difference tax wise, just have to be aware of wash sale rule issues. I have gone into this in detail before, but there are two ways to deal with it, one is to have a separate account for trading and have it designated for trader status, another is to stop trading any particular stock you traded all year for the entire month of December so that your bases catch up with you. Those are simplifications of the bottom line.

My tax philosophy is that I'd rather book all winners and pay the taxes than have any losers with which to offset. Ah, but that wash sale rule. (See above.)
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/
MDawg
MDawg
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December 1st, 2021 at 8:42:57 PM permalink
Today started off not so bad at all, ended rather red.
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/
MDawg
MDawg
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December 8th, 2021 at 8:24:51 AM permalink
Quote: MDawg


He may be referring to a period in the past when I had not had a losing STOCK trade in about two years, and even that is misleading because I pointed out that after that approximately two year winning streak there came a period where I did lose on two shorts where if I had held just a few more hours or one more day I would have made money.
link to original post


Speaking of which - HOW ABOUT THAT TSLA. Every time it drops below 1000, it roars back above. Bank it!

Yes the day may come where it drops below and stays below for a bit, but, that day has not yet come!
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/
MDawg
MDawg
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December 13th, 2021 at 8:13:32 AM permalink
TSLA in the 960s. How quickly will it bounce back above 1000 this time? I am certain that it will do so, but...when?
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/
MDawg
MDawg
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December 13th, 2021 at 8:24:17 AM permalink
As your attorney I advise you to pull the trigger on TSLA at 955. If it goes that low, buy! for a trade.
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/
TDVegas
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December 13th, 2021 at 12:03:37 PM permalink
TSLA has really derailed. Dropping about 250 points in a little over a month.
TDVegas
TDVegas
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December 13th, 2021 at 12:14:44 PM permalink
He must be offloading more shares. Down 5%.
MDawg
MDawg
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December 13th, 2021 at 12:22:23 PM permalink
Quote: MDawg

As your attorney I advise you to pull the trigger on TSLA at 955. If it goes that low, buy! for a trade.
link to original post


Don't even thank me. I hit it at 955, and it's 972 now. Cha’Ching!

It didn't look like it was going to go that low, but on the third pass, it did, and I got a fill. Went even lower, as is its wont, but steady climb since. I'm looking for 975, and it already dipped below that. Let's see what happens but it's greenie all the way. May pull the sell trigger if it drops back to 965. Ten points is ten points.

And again, this is just trading extra shares on top of my long term TSLA.
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/
MDawg
MDawg
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December 13th, 2021 at 1:05:15 PM permalink
Pulled the trigger @ 967. So, twelve points. Or what you will.
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/
MDawg
MDawg
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December 16th, 2021 at 1:40:29 PM permalink
Most everything tech-wise took a step backwards today, but still - AAPL is way up there. Didn't someone pooh pooh AAPL a couple months back, and I stepped in to defend it?

Quote: MDawg

AAPL FOUR FOR ONE STOCK SPLIT!

To the moon!
link to original post


Quote: rushdl

I would recommend dumping aapl about now.
link to original post


Quote: TDVegas

Apple looks DOA. Can’t survive on Steve Jobs legacy forever. Where is the innovation, Apple? A watch in the past 10 years. That’s it. Jobs would have had 2-3 new, big products in development.
link to original post


Quote: MDawg

As far as AAPL there was a period some five years ago where everyone was saying that it was finished, and yet, look how well the stock has done since then.

I buy only Apple products (MBP, iMac, iPhone, iPad, iWatch, etc.), almost no PC, and I am sure there are others like me too.
link to original post

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/
MDawg
MDawg
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December 16th, 2021 at 1:40:53 PM permalink
Just stick with MDawg ideas. You could do a whole lot worse! As mentioned, I have held AAPL for about fifteen years straight now and only bot more along the way.

It has never appealed to me much if at all as a trading stock, but long term hodl, it continues to be awesome.
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/
SOOPOO
SOOPOO
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December 16th, 2021 at 1:52:39 PM permalink
I have been wrong on AAPL as well…. But fortunately still own a bunch. I am just worried one of the other cell phone types (Android, Google, etc…) will make inroads into AAPL market share. Even if I sold every share I own I’d still own a lot in SPY, QQQ, IYY, TWCUX, etc…. I think I’m going to sell 10% or so of my AAPL.
TDVegas
TDVegas
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December 20th, 2021 at 12:17:26 PM permalink
Brutal, brutal markets. Just about everything tech getting slaughtered. Tesla down $330 from early November highs. Quite the haircut.

Never ending variants.
MDawg
MDawg
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December 21st, 2021 at 7:16:11 AM permalink
In the short term, not edifying. But compared to say, a year ago, we're doing 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/
MDawg
MDawg
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December 29th, 2021 at 10:13:39 AM permalink
The Santa Claus rally was cut short, but compared to where we were for a moment there, we are doing just 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/
TDVegas
TDVegas
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January 3rd, 2022 at 10:10:47 AM permalink
TSLA. Go, baby, go!!
MDawg
MDawg
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January 3rd, 2022 at 11:32:58 AM permalink
Yes!

AAPL 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/
TDVegas
TDVegas
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January 3rd, 2022 at 12:26:11 PM permalink
Upgrades should be coming. Utterly blew the delivery estimates out of the water.
MDawg
MDawg
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January 3rd, 2022 at 12:37:16 PM permalink
The way these winners like TSLA etc. work, is some news comes out that blows them up, Big Time! Then inevitably something comes to take the wind out of the sails, and many give up and drop their shares, but in time, the good news propels these winners to new ATHs.
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/
MDawg
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January 5th, 2022 at 11:51:52 AM permalink
Just for future reference, here are the two warning signs when it comes to start up biotech companies:

1 - They are proposing a "one size fits all" drug that is good for multiple diseases - when it doesn't get approval or work for one thing, they claim that it will be good for something else.

2 - They rebrand a drug that failed in the past (often distant past) for something or other, claiming that it is good for something else.
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/
SOOPOO
SOOPOO
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January 5th, 2022 at 12:42:35 PM permalink
Quote: MDawg

Just for future reference, here are the two warning signs when it comes to start up biotech companies:

1 - They are proposing a "one size fits all" drug that is good for multiple diseases - when it doesn't get approval or work for one thing, they claim that it will be good for something else.

2 - They rebrand a drug that failed in the past (often distant past) for something or other, claiming that it is good for something else.
link to original post



Minoxidil was a below average antihypertensive. Now called Rogaine it has sold countless $$billions.

(Not saying it really works) I wish I was an ivermectin manufacturer!

(To be fair, I DO agree with MDawg’s point).
TDVegas
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January 5th, 2022 at 12:47:14 PM permalink
Well, that was just crappy. All the gains from Teslas enormous delivery numbers wiped out in 2 days.
MDawg
MDawg
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January 5th, 2022 at 12:48:27 PM permalink
Quote: SOOPOO

Quote: MDawg

Just for future reference, here are the two warning signs when it comes to start up biotech companies:

1 - They are proposing a "one size fits all" drug that is good for multiple diseases - when it doesn't get approval or work for one thing, they claim that it will be good for something else.

2 - They rebrand a drug that failed in the past (often distant past) for something or other, claiming that it is good for something else.
link to original post



Minoxidil was a below average antihypertensive. Now called Rogaine it has sold countless $$billions.

(Not saying it really works) I wish I was an ivermectin manufacturer!

(To be fair, I DO agree with MDawg’s point).
link to original post


I had minoxidil in mind while I was writing the above. However, it was not a FAILED drug - it actually worked for something in the past.
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/
MDawg
MDawg
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January 5th, 2022 at 12:50:50 PM permalink
Quote: TDVegas

Well, that was just crappy. All the gains from Teslas enormous delivery numbers wiped out in 2 days.
link to original post


It happens, but now comes the re-consolidation, upwards.

Quote: MDawg

The way these winners like TSLA etc. work, is some news comes out that blows them up, Big Time! Then inevitably something comes to take the wind out of the sails, and many give up and drop their shares, but in time, the good news propels these winners to new ATHs.
link to original post

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/
SOOPOO
SOOPOO
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January 5th, 2022 at 12:53:10 PM permalink
Quote: MDawg

Quote: SOOPOO

Quote: MDawg

Just for future reference, here are the two warning signs when it comes to start up biotech companies:

1 - They are proposing a "one size fits all" drug that is good for multiple diseases - when it doesn't get approval or work for one thing, they claim that it will be good for something else.

2 - They rebrand a drug that failed in the past (often distant past) for something or other, claiming that it is good for something else.
link to original post



Minoxidil was a below average antihypertensive. Now called Rogaine it has sold countless $$billions.

(Not saying it really works) I wish I was an ivermectin manufacturer!

(To be fair, I DO agree with MDawg’s point).
link to original post


I had minoxidil in mind while I was writing the above. However, it was not a FAILED drug - it actually worked for something in the past.
link to original post



I guess I’ll have to agree with you.. sort of. When I started practicing around 1990 it was a pretty commonly used anti hypertensive. But it quickly was replaced with better drugs with fewer side effects. The side effect of unwanted hair growth became ‘give it to me because I want more hair growth’! For a very short while in my 40’s I sprayed some of that stuff on my head with little to no results.

Do you consider TSLA ‘on sale’ now? Are you beefing up on your long term holdings?
MDawg
MDawg
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January 5th, 2022 at 12:56:10 PM permalink
If you combine minoxidil (and you can't stop using it once you start), and a low dose of finasteride (same, you're stuck once you start), the combined fire power will retain all your hair for your entire life, or at least, it should. I think both of these work better at retaining hair than growing it back. Supposedly low dose finasteride reduces risk of prostate cancer too.

I wouldn't say that TSLA is "on sale" today but anytime it falls below 1000 it might be.
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/
Ace2
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January 5th, 2022 at 1:13:47 PM permalink
Quote: TDVegas

Well, that was just crappy. All the gains from Teslas enormous delivery numbers wiped out in 2 days.
link to original post

Gambling results are measured over days. Investment results are measured over decades
It’s all about making that GTA
MDawg
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January 10th, 2022 at 10:39:29 AM permalink
A tough day in the markets but at least we are off the lows.
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/
TDVegas
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January 10th, 2022 at 1:37:01 PM permalink
Apple and Tesla recovered. Tesla ran into close. Rough markets, though.
SOOPOO
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January 12th, 2022 at 7:33:51 AM permalink
Hey Dawg…. Did you buy TSLA when it peeked under 1000? That would be a quick 8% right now!
MDawg
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January 12th, 2022 at 12:02:47 PM permalink
No, I was too busy losing at the tables that day or around that day. I should have just stayed in and traded stocks!
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/
MDawg
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January 19th, 2022 at 10:03:18 AM permalink
Nasdaq
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/
TDVegas
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January 19th, 2022 at 1:13:54 PM permalink
Market rout. For all the feel good of Tesla’s massive sales numbers…it’s down about $200 or 17% since then.

Market doesn’t have a good feel. Everything cratering into close as well. That generally means looking for exit doors.
SOOPOO
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January 19th, 2022 at 2:04:16 PM permalink
Quote: TDVegas

Market rout. For all the feel good of Tesla’s massive sales numbers…it’s down about $200 or 17% since then.

Market doesn’t have a good feel. Everything cratering into close as well. That generally means looking for exit doors.
link to original post



I agree. But I’ve had these same thoughts DOZENS of times over the past 3 decades. If I would have sold at any of those times I would have missed out on the continual market up trend over those decades.
Mission146
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January 19th, 2022 at 2:19:08 PM permalink
Quote: SOOPOO



I agree. But I’ve had these same thoughts DOZENS of times over the past 3 decades. If I would have sold at any of those times I would have missed out on the continual market up trend over those decades.
link to original post



Spoken like a true investor!
https://wizardofvegas.com/forum/off-topic/gripes/11182-pet-peeves/120/#post815219
billryan
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January 19th, 2022 at 3:02:17 PM permalink
Tesla stockholders are trying to claw back 13 billion dollars from Elon over the Solar City purchase. Musk is being a dick to the opposing lawyers and I think it might come back to kick him in the ass.
The difference between fiction and reality is that fiction is supposed to make sense.
TDVegas
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January 20th, 2022 at 1:23:09 PM permalink
Another market rout after being up very strong. Not a good look. Everything, and I mean everything being sold off to close 4pm. NFLX just dropped 11% on earnings. Not a good look for tomorrow. Tesla managed to stay flat…it was up $43 today. Wiped every inch.
Mission146
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January 20th, 2022 at 2:34:11 PM permalink
Can't, "Buy low, sell high," also work in the opposite order?
https://wizardofvegas.com/forum/off-topic/gripes/11182-pet-peeves/120/#post815219
MDawg
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January 20th, 2022 at 7:34:15 PM permalink
Yeah, well, what are you going to do? other than wait it out.

(Luckily) I gave up shorting the market many many years ago.
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/
TDVegas
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Joined: Oct 30, 2018
January 20th, 2022 at 7:57:34 PM permalink
Wow. NFLX down over $100 after hours. Quit the cliff dive. This was around $700 six weeks ago. Closing in on $400. Not sure about others but I’m not a fan of the service. I have it, but it’s pretty slim pickings if you ask me. Lots of B type movies, Netflix originals with nobody actors and foreign films dubbed…which I hate. I’d rather watch it in its original language with subtitles. Nothing worse than words not matching mouth and some actor from Serbia with a Southern accent dubbed in.

I spent 20 minutes trying to find a decent movie yesterday. Add more A quality content.
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