Mdawgs Investments
May 9th, 2024 at 9:44:13 AM
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Hey, did you see where Sylvester Stallone is auctioning off his wrist candy collection. One watch is said to be worth between $2.5 mil and $5 mil. You need to jump in and claim some of it. CHA' CHING!!!
tuttigym
tuttigym
May 9th, 2024 at 6:34:37 PM
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Yes that Patek is rarer than rare, and has something like 20 functions - quite Complicated.
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/
May 9th, 2024 at 6:36:11 PM
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The market was interesting today in that it didn't break off in one direction or another, on the stocks I trade, kept within predictable ranges all day. Usually something changes within a few hours of the opening bell, and that when a lot of traders get stuck. There is a reason why something like 90% of day traders lose money!
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/
May 13th, 2024 at 7:25:30 AM
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E*Trade has been down all morning! Been using my Schwab account instead.
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/
May 13th, 2024 at 8:11:06 AM
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People trading GME is clogging up the market. eTrade still DOA.
Schwab login is available but trading is slow.
The guy who started the meme thing made an appearance on Twitter and set all this off.
GameStop stock gains 110%, gets halted for volatility after 'Roaring Kitty' post
To have that kind of power. I wonder if he bot in long before tweeting?
Schwab login is available but trading is slow.
The guy who started the meme thing made an appearance on Twitter and set all this off.
GameStop stock gains 110%, gets halted for volatility after 'Roaring Kitty' post
To have that kind of power. I wonder if he bot in long before tweeting?
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/
May 15th, 2024 at 6:31:29 AM
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Quote: MDawgQuote: Ace2You may be fine waiting 15 years to break even. I'm not
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I thought it was going to take 15 years for this market to come back?Quote: MDawgAnd meantime, the stock market is doing just fine and I expect that predictions of long term doom and gloom will be proven wrong.
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Ace2 was waiting for SPY 275? I guess his hands are still in his pocket...waiting, after he sold off in the 280s. He should stick to running the Tangiers. He doesn't understand the stock market.
Meantime, for the rest of us, Nasdaq hit another ATH! yesterday.
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/
May 15th, 2024 at 8:53:16 AM
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Quote: vegasBitcoin is now in the accumulating phase. This is the time to buy. It might reach say 34,000 but will also go down some and it will trade sideways all Fall and Winter so you will have time to add. The big move up in Bitcoin will come at the Bitcoin halving event which should be sometime in April 2024. This will begin the markup stage and when prices will start moving up. So if you buy in the fall or winter you will realize significant gains next spring and after the halving event.
That's what I believe will happen. Bitcoin between now and April 2024, 28,000 to 34,000 and then look for huge increases after April 2024
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Nailed it. It went up a bit early in March
50-50-90 Rule: Anytime you have a 50-50 chance of getting something right, there is a 90% probability you'll get it wrong
May 17th, 2024 at 1:26:21 AM
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Managed a few trades yesterday.
See what today brings in terms of opportunity.
Long term, nothing to complain about!
See what today brings in terms of opportunity.
Long term, nothing to complain about!
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/
May 17th, 2024 at 12:57:24 PM
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Hard to keep CMG down lately.
Dips, and then buy'em! right back up.
Dips, and then buy'em! right back 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/
May 17th, 2024 at 6:23:28 PM
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Quote: MDawgHard to keep CMG down lately.
Dips, and then buy'em! right back up.
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I think McDonalds is regretting selling their stake in Chipolte
At my age, a "Life In Prison" sentence is not much of a deterrent.
May 17th, 2024 at 9:35:00 PM
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It actually ended the day +67.5. CMG also has a very small float, and jumps (or drops) crazy amounts at times. Also if you watch it real time, because of the small float (and high stock price) it doesn't tick as frequently as many other stocks.
When bad news has hit CMG in the past, it has tanked mightily, but over the long term, it has flown.
Part of what's going on now is due to the announced 50 for 1 split, its first ever, which will happen June 25, 2024.
When bad news has hit CMG in the past, it has tanked mightily, but over the long term, it has flown.
Part of what's going on now is due to the announced 50 for 1 split, its first ever, which will happen June 25, 2024.
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/
May 22nd, 2024 at 7:50:49 AM
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NVDA reports today.
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/
May 22nd, 2024 at 2:35:48 PM
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NVDA over a thou now, blowout earnings and 10:1 split.
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/
May 22nd, 2024 at 4:49:00 PM
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Quote: vegasYes Nvidia will be well over 1000$ per share
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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/
May 23rd, 2024 at 5:14:24 PM
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NVDA all over the place today, but profitable pretty much anywhere you threw a dart for a trade, the first couple hours.
Cha'Chings! galore.
I got busy with some other work, came back and saw it was at 1062! so I was typing up the order to short when it already fell to 1057. That was it for the day for me...but it dropped all the way back to about 1020 before recovering some. Now THAT would have been a Cha'Ching to write home about. Not that I would have held it all the way down, but at least for 20 pts or $20K easily.
NVDA looks solid. Congrats to the longs (not me) and successful traders (me). NVDA is one I never bot to hold, unfortunately.
Cha'Chings! galore.
I got busy with some other work, came back and saw it was at 1062! so I was typing up the order to short when it already fell to 1057. That was it for the day for me...but it dropped all the way back to about 1020 before recovering some. Now THAT would have been a Cha'Ching to write home about. Not that I would have held it all the way down, but at least for 20 pts or $20K easily.
NVDA looks solid. Congrats to the longs (not me) and successful traders (me). NVDA is one I never bot to hold, unfortunately.
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/
May 29th, 2024 at 6:36:45 AM
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NVDA on a tear lately.
Hi TuttiGym, so I suppose your philosophy would be - I should not have bothered with making all the money Cha'Ching! I have lately (and over the years) on trading because...of tax consequences? 🤔😂
Let's just stand around with our hands in our pockets because we don't want to get taxed.
Hi TuttiGym, so I suppose your philosophy would be - I should not have bothered with making all the money Cha'Ching! I have lately (and over the years) on trading because...of tax consequences? 🤔😂
Let's just stand around with our hands in our pockets because we don't want to get taxed.
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/
May 29th, 2024 at 6:40:12 AM
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Quote: MDawgNVDA on a tear lately.
Hi TuttiGym, so I suppose your philosophy would be - I should not have bothered with making all the money Cha'Ching! I have lately (and over the years) on trading because...of tax consequences? 🤔😂
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Do you track your trade gains vs the opportunity cost of having had the principal invested in your long term holds?
The race is not always to the swift, nor the battle to the strong; but that is the way to bet.
May 29th, 2024 at 6:42:40 AM
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Keep in mind that for most stocks (not NVDA) I am trading additional shares on top of long terms holds.
With NVDA I came to the party late and am just trading it.
But, yes, for example I have a different account I set up some time back in my wife's name only and in hers I just buy and hold. That account has done great without any trading.
Do I trade for just fun? For fun and profit? Probably both.
With NVDA I came to the party late and am just trading it.
But, yes, for example I have a different account I set up some time back in my wife's name only and in hers I just buy and hold. That account has done great without any trading.
Do I trade for just fun? For fun and profit? Probably both.
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/
May 29th, 2024 at 6:47:21 AM
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For example I did two NVDA trades this morning already. Cha'Ching! NVDA has dipped to where if I had held those two profitable trades, I'd be in the red right now on both trades that I closed out!. But, if NVDA is 1200 in a few days, will it matter at what price I had bot and closed today? versus just holding.
I also was trading NVDA in the low 800s a month ago. I can't say that it hasn't occurred to me (more than occurred) that if I had just held I'd be up 300 pts. I definitely did not clip 300 pts off those trades. But, when a stock ends up going sideways or drops a lot and I made money anyway going long, in those situations I did better trading versus having just held long.
I also was trading NVDA in the low 800s a month ago. I can't say that it hasn't occurred to me (more than occurred) that if I had just held I'd be up 300 pts. I definitely did not clip 300 pts off those trades. But, when a stock ends up going sideways or drops a lot and I made money anyway going long, in those situations I did better trading versus having just held long.
Last edited by: MDawg on May 29, 2024
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/
May 29th, 2024 at 6:55:40 AM
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Anyway, what I do (did) on a dropping stock like NVDA (today), is put in a buy around where I think it will fall on the first leg of the drop. Cha'Ching. Dump for a few points. Then put in an even lower buy for the second leg of the drop. Cha'Ching! I've been doing this for so long I almost never miss. Then I drop it even more for the third leg. I didn't get anything on that third leg because I put it in at 1109 for NVDA. Didn't drop quite that low. (I missed it by a penny...yes sometimes I'm that good at calling the low for the day.)
But, if I am doing this right, that is exactly the way it should pan out for me, where the final order doesn't get filled. If I am doing it wrong, my final order will get filled, and the stock will end up dropping too far below that.
I am extremely conservative (and nimble) with my buy orders (or shorts, if I am doing that, which I do sometimes, but rarely compared to longs), and some days I get shut out for being too cheap and execute no trades at all. But I'd rather miss opportunities than end up stuck.
I also don't bother with mid run entries, if the stock is halfway between its low and high for the day, that's just guessing as to where it will go. Once the market day is in full swing, I'm looking for extreme entry points beyond the high for a short, beyond the low for a long, looking both today and in the recent past.
Another thing I do is tend to trade only very early in the market day. Stocks, especially the ones I trade, tend to have a lot of elasticity especially in those early hours, and are very forgiving for almost any entry point. Plus you have the whole day to recover if you do get stuck. Later in the day, less time to recover, and people might have by then given up on the stock and are not buying the dips as voraciously. As you get closer to the bell, it's just a coin flip as to which way it will close. I'm not doing this for coin flips, I have followed the stocks I trade for long enough to be able to predict how they will behave. Doesn't hurt that they keep hitting new ATHs too - so for the rare times I do get stuck, I switch from a day trade to a swing trade, and hold a bit, and might also average in. I haven't needed to average in in some time, all my trades have hit quite well quite quickly.
But, if I am doing this right, that is exactly the way it should pan out for me, where the final order doesn't get filled. If I am doing it wrong, my final order will get filled, and the stock will end up dropping too far below that.
I am extremely conservative (and nimble) with my buy orders (or shorts, if I am doing that, which I do sometimes, but rarely compared to longs), and some days I get shut out for being too cheap and execute no trades at all. But I'd rather miss opportunities than end up stuck.
I also don't bother with mid run entries, if the stock is halfway between its low and high for the day, that's just guessing as to where it will go. Once the market day is in full swing, I'm looking for extreme entry points beyond the high for a short, beyond the low for a long, looking both today and in the recent past.
Another thing I do is tend to trade only very early in the market day. Stocks, especially the ones I trade, tend to have a lot of elasticity especially in those early hours, and are very forgiving for almost any entry point. Plus you have the whole day to recover if you do get stuck. Later in the day, less time to recover, and people might have by then given up on the stock and are not buying the dips as voraciously. As you get closer to the bell, it's just a coin flip as to which way it will close. I'm not doing this for coin flips, I have followed the stocks I trade for long enough to be able to predict how they will behave. Doesn't hurt that they keep hitting new ATHs too - so for the rare times I do get stuck, I switch from a day trade to a swing trade, and hold a bit, and might also average in. I haven't needed to average in in some time, all my trades have hit quite well quite quickly.
Last edited by: MDawg on May 29, 2024
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/
May 29th, 2024 at 8:33:26 AM
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Quote: MDawgNVDA on a tear lately.
Hi TuttiGym, so I suppose your philosophy would be - I should not have bothered with making all the money Cha'Ching! I have lately (and over the years) on trading because...of tax consequences? 🤔😂
Let's just stand around with our hands in our pockets because we don't want to get taxed.
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No not all. However, it would seem to me that one such as yourself who is, I assume, self-employed would have a number of tax deferred IRA's or SEP's and trade within those parameters thus avoiding immediate and short term capital gains. Oh, well, such is life.
tuttigym
May 29th, 2024 at 9:42:22 AM
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I've never discussed what I am or am not doing tax wise.
My focus in posts here is to discuss ways to make money.
My focus in posts here is to discuss ways to make money.
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/
May 29th, 2024 at 9:54:44 AM
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Quote: MDawgI've never discussed what I am or am not doing tax wise.
My focus in posts here is to discuss ways to make money.
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"Making money" and keeping money made are different stories. If one loses $$ by not taking certain advantages, the "adventures" are incomplete and unreliable.
tuttigym
May 29th, 2024 at 10:50:29 AM
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You have too much spinning in your head and should stick to not making assumptions.
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/
May 29th, 2024 at 2:47:41 PM
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Did I hit a nerve? "Assumptions" are valid until corrected factually. The only spin here is yours.
tuttigym
tuttigym
May 29th, 2024 at 3:42:09 PM
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It's all about Cha'Chings! over here.
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/
June 3rd, 2024 at 10:27:14 AM
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Some decent Cha'Ching action on CMG, buying near the bottom after a major dip after a halt.
Takes a lot of buying power though to swing this @ 1000 shares, and be ready to average in more if necessary.
I got a (broken up) partial @ 700 then took a while before the other 300 were filled (also broken up). Trying to buy and sell 1000 sh of CMG is like a Mack Truck swinging into a traffic laden freeway lane.
Takes a lot of buying power though to swing this @ 1000 shares, and be ready to average in more if necessary.
I got a (broken up) partial @ 700 then took a while before the other 300 were filled (also broken up). Trying to buy and sell 1000 sh of CMG is like a Mack Truck swinging into a traffic laden freeway lane.
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/
June 3rd, 2024 at 10:39:49 AM
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The cross symbol indicates partial fills.
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/
June 5th, 2024 at 7:41:16 AM
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NVDA trying to breach 1200. Who do they think they are, GOOGL?
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/
June 7th, 2024 at 5:50:06 AM
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Haven't been trading the AH/pre lately, but I jumped on NVDA at 1181 this morning. Cha'Ching.
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/
June 7th, 2024 at 5:57:24 AM
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Out @ 1191. Probably will go higher later, but $10K is $10K.
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/
June 7th, 2024 at 5:13:42 PM
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Quote: MDawgOut @ 1191. Probably will go higher later, but $10K is $10K.
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Use 10% of that to get the VIP tour at Disney.
June 8th, 2024 at 9:52:15 AM
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Within my peer group there is probably someone with the connections to get me the package, but I've never been into Disney enough to ask around.
For one thing, we try never go to Disneyland on a weekend. Wednesdays tend to be good days. I do recall as a child going to Disneyland Christmas morning only to find that many others had the same idea.
For one thing, we try never go to Disneyland on a weekend. Wednesdays tend to be good days. I do recall as a child going to Disneyland Christmas morning only to find that many others had the same idea.
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/
June 9th, 2024 at 10:49:59 AM
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I don't particularly (or at all) trade meme stocks, but anyone who follows the market knows about the phenomenon. It started around 2020, and including stocks like GME. At that time, in 2020, one man in particular, using the screen name Roaring Kitty
Who Is Keith Gill? The Man Behind Roaring Kitty
pretty much singlehandedly revived dying stocks like GME, AMC, ostensibly with an altruistic "let's not let these companies go under" motive, although obviously the guy was buying the stock heavily before each pump (and dump).
Roaring Kitty (and his other username DeepF---ingValue) disappeared from the scene in 2021, only to return about a month ago with this Sunday night May 12th twitter post
image only - no words - that set off a buying frenzy in GME.
Obviously, the guy loaded up on GME before making the post, then dumped at least some (although, he did make a post with a screenshot of his trading account to show hundreds of millions worth of GME (post runup obviously), but no sales (yet)).
It didn't quite work out as expected when he tried it a second time - announced a youtube video on GME set for Friday, June 7th, and GME posted bad news and the intention to issue millions of shares of more stock that same morning, and the stock tanked, and tanked even more after Kitty's inane lacking in any meaningful news youtube presentation.
GameStop Stock Tanks On Surprise Q1 Results, Share Offering, Despite Roaring Kitty Event
GameStop stock plummets as ‘Roaring Kitty’ rambles on live stream
I am sure he still wound up ahead many millions, trampling over the dead bodies of many who tried to follow in his footsteps.
"That's too much power for one man to have."
What is interesting is whether or not Kitty violated any SEC rules. Yes, he bot ahead of (and presumably sold after) his posts, but his posts themselves offered no misinformation (no information at all, actually), other than the implication that he was IN. Even Citron Research itself, a notorious short seller that was hurt four years ago when it was caught in a massive short squeeze due to Kitty's influence, declared that he probably violated no laws:
"For the record, I don't think anything Kitty did was illegal," the firm posted on X. "Assuming Kitty does not have MNPI (Material Nonpublic Information), he has the right to make a large bet and tell everyone."
Who Is Keith Gill? The Man Behind Roaring Kitty
pretty much singlehandedly revived dying stocks like GME, AMC, ostensibly with an altruistic "let's not let these companies go under" motive, although obviously the guy was buying the stock heavily before each pump (and dump).
Roaring Kitty (and his other username DeepF---ingValue) disappeared from the scene in 2021, only to return about a month ago with this Sunday night May 12th twitter post
image only - no words - that set off a buying frenzy in GME.
Obviously, the guy loaded up on GME before making the post, then dumped at least some (although, he did make a post with a screenshot of his trading account to show hundreds of millions worth of GME (post runup obviously), but no sales (yet)).
It didn't quite work out as expected when he tried it a second time - announced a youtube video on GME set for Friday, June 7th, and GME posted bad news and the intention to issue millions of shares of more stock that same morning, and the stock tanked, and tanked even more after Kitty's inane lacking in any meaningful news youtube presentation.
GameStop Stock Tanks On Surprise Q1 Results, Share Offering, Despite Roaring Kitty Event
GameStop stock plummets as ‘Roaring Kitty’ rambles on live stream
I am sure he still wound up ahead many millions, trampling over the dead bodies of many who tried to follow in his footsteps.
"That's too much power for one man to have."
What is interesting is whether or not Kitty violated any SEC rules. Yes, he bot ahead of (and presumably sold after) his posts, but his posts themselves offered no misinformation (no information at all, actually), other than the implication that he was IN. Even Citron Research itself, a notorious short seller that was hurt four years ago when it was caught in a massive short squeeze due to Kitty's influence, declared that he probably violated no laws:
"For the record, I don't think anything Kitty did was illegal," the firm posted on X. "Assuming Kitty does not have MNPI (Material Nonpublic Information), he has the right to make a large bet and tell everyone."
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/
June 11th, 2024 at 7:18:42 AM
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AAPL partying! hitting an ATH. MDawg's stocks tend to do that.
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/
June 15th, 2024 at 9:15:18 AM
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A family member is one of the founders/creators of a meme coin that has been around only a year or so now. Actually put money into it, but that investment is now 60X (in the millions of dollars), but can't cash out the market isn't there yet and the coin isn't sold on more established markets yet.
So, even if one's holding in a coin is "only" 1 percent or so of the market cap, that doesn't mean one is liquid.
By comparison, there were days when I used to trade for example the Google stock where I was trading almost 1% of the entire day's trading volume single handedly. How many people can say that, but still, I was completely liquid even via partial fills galore.
So, even if one's holding in a coin is "only" 1 percent or so of the market cap, that doesn't mean one is liquid.
By comparison, there were days when I used to trade for example the Google stock where I was trading almost 1% of the entire day's trading volume single handedly. How many people can say that, but still, I was completely liquid even via partial fills galore.
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/
June 15th, 2024 at 9:29:39 AM
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Quote: MDawgA family member is one of the founders/creators of a meme coin that has been around only a year or so now. Actually put money into it, but that investment is now 60X (in the millions of dollars), but can't cash out the market isn't there yet and the coin isn't sold on more established markets yet.
So, even if one's holding in a coin is "only" 1 percent or so of the market cap, that doesn't mean you are liquid.
By comparison, there were days when I used to trade for example the Google stock where I was trading almost 1% of the entire day's trading volume single handedly. How many people can say that, but still, I was completely liquid even via partial fills galore.
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Oh great, another phantom currency.
I need to ask you an off-topic question: With the non-enforcement of many crimes such as theft, vandalism, etc., why would anybody pay traffic citations and why would the courts in certain CA jurisdictions honor bench warrants?
tuttigym
June 15th, 2024 at 9:34:30 AM
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Your assumptions reek of imprecision.
I assume you are talking about California.
All crimes are enforced, just that for many non violent crimes the general policy (which may be deviated from at the law enforcement agency's discretion) is to not take into custody someone arrested, just to cite or book and release.
As far as bench warrants, anyone who fails to appear for court could get a no bail warrant, even for a misdemeanor depending on the judge's discretion.
As far as traffic citations or parking tickets, failing to take care of them could have consequences such as non renewal of driver license or vehicle registration.
The system...works, even when consequences are minimized.
I assume you are talking about California.
All crimes are enforced, just that for many non violent crimes the general policy (which may be deviated from at the law enforcement agency's discretion) is to not take into custody someone arrested, just to cite or book and release.
As far as bench warrants, anyone who fails to appear for court could get a no bail warrant, even for a misdemeanor depending on the judge's discretion.
As far as traffic citations or parking tickets, failing to take care of them could have consequences such as non renewal of driver license or vehicle registration.
The system...works, even when consequences are minimized.
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/
June 15th, 2024 at 10:11:04 AM
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Quote: MDawgYour assumptions reek of imprecision.
I assume you are talking about California.
All crimes are enforced, just that for many non violent crimes the general policy (which may be deviated from at the law enforcement agency's discretion) is to not take into custody someone arrested, just to cite or book and release.
As far as bench warrants, anyone who fails to appear for court could get a no bail warrant, even for a misdemeanor depending on the judge's discretion.
As far as traffic citations or parking tickets, failing to take care of them could have consequences such as non renewal of driver license or vehicle registration.
The system...works, even when consequences are minimized.
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"Cite or book and release"? No consequences no bail, so what. License non-renewal? Isn't that a "non-violent" crime? Apparently, prosecutors and the judiciary don't care or are too busy with other stuff. The "judges' discretion is to release, so the "all crimes are enforced" statement is not true. It is a canard. Your post reeks of imprecision.
tuttigym
June 15th, 2024 at 10:13:36 AM
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In CA: Judges issue no bail bench warrants daily. Police take people into custody all the time on non violent crimes, including misdemeanors. Judges do give defendants cash bail, including for misdemeanors. It does depend on the county, and the DA's policy, but judges may overrule that policy too, in either direction.
An imprecision * footnote should be added to many of your posts!
An imprecision * footnote should be added to many of your posts!
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/
June 15th, 2024 at 10:18:52 AM
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Another "imprecise" post you made was about life insurance.
The concept of insurance, is to hedge against the unexpected. "Self insurance" is great if the person lives long enough and is disciplined enough to have built up enough assets, but if something happens early on, that is what insurance is for. Basically, you are purchasing peace of mind. It also presupposes that you have someone you want taken care of, especially someone far younger, above and beyond whatever assets you have.
You might as well say that no need to buy homeowner's insurance if, as I, have all homes paid off. Just start saving money, deposit what would be your premium into some investment annually, and hope your house doesn't burn down for at least fifty years.
Why should I insure any of my watches? None will ever be stolen anyway. 🤦🏻♂️
The concept of insurance, is to hedge against the unexpected. "Self insurance" is great if the person lives long enough and is disciplined enough to have built up enough assets, but if something happens early on, that is what insurance is for. Basically, you are purchasing peace of mind. It also presupposes that you have someone you want taken care of, especially someone far younger, above and beyond whatever assets you have.
You might as well say that no need to buy homeowner's insurance if, as I, have all homes paid off. Just start saving money, deposit what would be your premium into some investment annually, and hope your house doesn't burn down for at least fifty years.
Why should I insure any of my watches? None will ever be stolen anyway. 🤦🏻♂️
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/
June 15th, 2024 at 4:38:35 PM
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Quote: MDawgIn CA: Judges issue no bail bench warrants daily. Police take people into custody all the time on non violent crimes, including misdemeanors. Judges do give defendants cash bail, including for misdemeanors. It does depend on the county, and the DA's policy, but judges may overrule that policy too, in either direction.
An imprecision * footnote should be added to many of your posts!
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Man, talk about a scatterbrained post. Where is your precision? Let's see:
1. Some judges do ask for cash bail. Others do not.
2. Police take some offenders into "custody." But some do not.
3. Some DA's do one thing and others can do the opposite.
4. Some judges can overrule the law, the system, and policy, and some do not.
Really, really PRECISE and consistent.
Thanks for all that clarity.
tuttigym
June 15th, 2024 at 4:41:50 PM
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Naturally, the fact that you have no personal knowledge about any of this matters not. In your book.
I see the system in action, and it works.
I see the system in action, and it works.
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/
June 15th, 2024 at 4:50:31 PM
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Quote: MDawgAnother "imprecise" post you made was about life insurance.
The concept of insurance, is to hedge against the unexpected. "Self insurance" is great if the person lives long enough and is disciplined enough to have built up enough assets, but if something happens early on, that is what insurance is for. Basically, you are purchasing peace of mind. It also presupposes that you have someone you want taken care of, especially someone far younger, above and beyond whatever assets you have.
You might as well say that no need to buy homeowner's insurance if, as I, have all homes paid off. Just start saving money, deposit what would be your premium into some investment annually, and hope your house doesn't burn down for at least fifty years.
Why should I insure any of my watches? None will ever be stolen anyway. 🤦🏻♂️
link to original post
Notice everyone that there is NO link to my post about insurance. That is because MDawg's post is misleading in its content as a rebuttal to my post about the purchase of "whole life" insurance. So, I shall repeat the absolute fact that whole life contracts are the worst form and most costly insurance products on the market, and MDawg proudly announce that he has some in his portfolio. I am sure his agent is very grateful as the commissions are huge.
tuttigym
June 15th, 2024 at 4:57:44 PM
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Quote: MDawgNaturally, the fact that you have no personal knowledge about any of this matters not. In your book.
I see the system in action, and it works.
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Sounds like you are turning a blind eye to CA reality. The system works so well that the exodus of populations and businesses is extreme.
tuttigym
June 15th, 2024 at 7:06:32 PM
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Trading NVDA this past week has been interesting. Have to remember that every dollar movement is "actually" ten. It is starting to max out though, for now anyway.
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/
June 16th, 2024 at 6:53:44 AM
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Quote: tuttigymQuote: MDawgAnother "imprecise" post you made was about life insurance.
The concept of insurance, is to hedge against the unexpected. "Self insurance" is great if the person lives long enough and is disciplined enough to have built up enough assets, but if something happens early on, that is what insurance is for. Basically, you are purchasing peace of mind. It also presupposes that you have someone you want taken care of, especially someone far younger, above and beyond whatever assets you have.
You might as well say that no need to buy homeowner's insurance if, as I, have all homes paid off. Just start saving money, deposit what would be your premium into some investment annually, and hope your house doesn't burn down for at least fifty years.
Why should I insure any of my watches? None will ever be stolen anyway. 🤦🏻♂️
link to original post
Notice everyone that there is NO link to my post about insurance. That is because MDawg's post is misleading in its content as a rebuttal to my post about the purchase of "whole life" insurance. So, I shall repeat the absolute fact that whole life contracts are the worst form and most costly insurance products on the market, and MDawg proudly announce that he has some in his portfolio. I am sure his agent is very grateful as the commissions are huge.
tuttigym
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Oh I’m glad you responded then as I thought you were anti insurance in general.
I agree whole life is a poor investment decision for most people, and you do better with term life and investing the delta.
The race is not always to the swift, nor the battle to the strong; but that is the way to bet.
June 16th, 2024 at 8:07:05 AM
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There have been periods when people scoffed at whole life, universal life, term life. Each has its own pluses and minuses.
"This is Tuttigym" is someone who is even more useless to debate with than D.Oz. At least D.Oz is willing to bend T.Gym has already made up his mind before he poses a question or makes a post. I hope I'm not so inflexible when I reach that age (which of course, if I do, my term policies will expire worthless other than the return of premium one 😁).
"This is Tuttigym" is someone who is even more useless to debate with than D.Oz. At least D.Oz is willing to bend T.Gym has already made up his mind before he poses a question or makes a post. I hope I'm not so inflexible when I reach that age (which of course, if I do, my term policies will expire worthless other than the return of premium one 😁).
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/
June 16th, 2024 at 10:41:00 AM
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Quote: MDawgThere have been periods when people scoffed at whole life, universal life, term life. Each has its own pluses and minuses.
"This is Tuttigym" is someone who is even more useless to debate with than D.Oz. At least D.Oz is willing to bend T.Gym has already made up his mind before he poses a question or makes a post. I hope I'm not so inflexible when I reach that age (which of course, if I do, my term policies will expire worthless other than the return of premium one 😁).
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Not getting in between you and DOz or TGym. But let me reiterate that whole life is a terrible product for most people. Don’t care what “people” scoff at for periods.
ETA: just noting that MDawg may have reasons that it’s fine for him to do as he might have circumstances that “most people” don’t that makes allocating a certain percentage of investable assets towards whole life.
The race is not always to the swift, nor the battle to the strong; but that is the way to bet.
June 16th, 2024 at 11:08:11 AM
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It doesn't just depend on circumstances, unless by circumstances you include among other things, an extremely large estate.
If you want to put it in simpler terms,
If you want to put it in simpler terms,
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/
