All he had to do to have doubled his wealth was park it in QQQ and do absolutely nothing. He couldn't even do that. He couldn't do nothing. He is worse than nothing.

(http://www.autoadmit.com/thread.php?thread_id=5856624&forum_id=2#49814305)

HTH

(http://www.autoadmit.com/thread.php?thread_id=5856624&forum_id=2#49815028)

oh i guess thats shorting times 3?

SOXX is up like 30% in a furking week, it cant go up forever nigga

(http://www.autoadmit.com/thread.php?thread_id=5856624&forum_id=2#49815056)

im tired of this shit i just need to get out of stocks maybe except 400k

ill hold SOXS and maek my money back its ok

my puts were veddy furking stupid jfc

(http://www.autoadmit.com/thread.php?thread_id=5856624&forum_id=2#49815161)

Leveraged ETFs and any short position should be used sparingly and only if you know what you're doing. The entire reason betting that the market will go down is called shorting is because it was understood since the dawn of time that it was only meant to be held onto for short periods of time. If the market went down in the long run the country, and hence, the world would collapse. Long positions are synonymous with long term growth.

Tommy should really park his capital in long term growth equities and bonds and chill the fuck out on the daily gambling routine but I guess he has to since his life has no meaning.

(http://www.autoadmit.com/thread.php?thread_id=5856624&forum_id=2#49816171)

https://www.etf.com/sections/etf-basics/why-do-leveraged-etfs-decay

(http://www.autoadmit.com/thread.php?thread_id=5856624&forum_id=2#49817065)

to be clear, i dont have a strong opinion on which way things are going to go in the short term. it's just bizarre seeing you spout this on a forum with a lot of people who have studied and work around finance. /r/wallstreetbets would be a better fit for dunning kruger bloviating dressed up with language you don't understand.

(http://www.autoadmit.com/thread.php?thread_id=5856624&forum_id=2#49815464)

you're doubling down on the emotional nonresponse because you're still frustrated you're being called out for talking out of your ass.

(http://www.autoadmit.com/thread.php?thread_id=5856624&forum_id=2#49815798)

never called you an idiot for betting against tt. you're just being evasive by inventing things to argue against that i never said.

(http://www.autoadmit.com/thread.php?thread_id=5856624&forum_id=2#49815822)

"i want my w when the market goes up!"

if you don't want people pointing out your retardation stop neing a retard.

(http://www.autoadmit.com/thread.php?thread_id=5856624&forum_id=2#49815848)

plz link nigga. its easy to be a monday morning cricket player. THANK!

(http://www.autoadmit.com/thread.php?thread_id=5856624&forum_id=2#49816146)

http://xoxohth.com/thread.php?thread_id=5851164&mc=22&forum_id=2

http://xoxohth.com/thread.php?thread_id=5851675&mc=19&forum_id=2

http://xoxohth.com/thread.php?thread_id=5851546&mc=3&forum_id=2

http://xoxohth.com/thread.php?thread_id=5849224&mc=93&forum_id=2#top

(http://www.autoadmit.com/thread.php?thread_id=5856624&forum_id=2#49816164)

the rational counterargument to "we're in a bull run" is actually "there's a lot of market volatility right now and I prefer to invest in stable, anti-inflationary assets such as bonds." There are assets to acquire that can beat inflation but much less risky than the market. This is what investors with large sums of money are doing if they're worried about the volatility right now.

What makes Tommy's position so irrational is he's not even saying that the market is mispriced, turbulent, too risky, or what have you. He's actually saying it ought to be valued much lower than it is because "it can't go up forever" which is some really poor logic considering that historically over time the market does go up forever. The only rational use case for shorting the market is if you think stocks are specifically overpriced for a reason in the short term and are going to take a hit by a specific end date for some reason you can articulate, which he ostensibly cannot.

At any rate, being neutral or risk-adverse is the correct play if you are completely ignoring the signs that we're on a bull run, which, to be fair, I can't claim to know and no one knows. But there are some GLARING signs and to ignore them is almost to bury your head in the sand. But even if you are super risk averse, the correct action is not to literally short the market which is total madness. And then you drop in here to go hurr durr you're an idiot, gbtr. Ljl at you.

(http://www.autoadmit.com/thread.php?thread_id=5856624&forum_id=2#49815755)

just read its been low volume for weeks and market still goes up, thats veddy rare and unusual, veddy kooky odd case definitely not kikes kiking shit

(http://www.autoadmit.com/thread.php?thread_id=5856624&forum_id=2#49816144)

and i still beleive in like 1999 downturn where it takes QQQ 12 years to reach back ATH

it will happen again

(http://www.autoadmit.com/thread.php?thread_id=5856624&forum_id=2#49816186)

Anyways yeah you play stocks like you're at the blackjack table. You just make very random high risk high reward bets that are not meaningfully based in reality. It would be the same if you walked into a casino and made a 5K prop bet on the length of the Super Bowl anthem.

Many such cases but I noticed a lot of Asian people in particular like to gamble on stocks as a hobby. Seems cultural.

(http://www.autoadmit.com/thread.php?thread_id=5856624&forum_id=2#49816187)

ill be like 25k in then

(http://www.autoadmit.com/thread.php?thread_id=5856624&forum_id=2#49816195)