shillllihs
5,975 posts
msg #147322
- Ignore shillllihs |
4/11/2019 4:11:03 PM
Ok thanx K, just thought that your face would be no.1 on the Forbes billionaires list if you compounded 200k a day for 5 months at 9%. That's 1 billion. And you've been doing this for so long that it should be 50billion by now. I'll let you get back to fantasy island tattoo. Do not reply.
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KSK8
561 posts
msg #147323
- Ignore KSK8 |
4/11/2019 4:28:34 PM
Lol I don't think he even read what I posted, I guess some people can't read ! -I blame public education.
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shillllihs
5,975 posts
msg #147325
- Ignore shillllihs |
4/11/2019 4:58:51 PM
Oh ok, so you have about 3million in your account if you trade 200k and you claim in the other thread you use compounding. Your words. But now the narrative has changed. No surprises here and no need to reply.
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KSK8
561 posts
msg #147326
- Ignore KSK8
modified |
4/11/2019 5:23:39 PM
I guess some people can't even count!
I hope you are mistakenly referring to my thread as the compounding portfolio instead of my live trading. If that is not the case, I suggest you stop investing in stocks and invest in a calculator!
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mahkoh
1,065 posts
msg #147813
- Ignore mahkoh |
5/17/2019 6:25:09 AM
ELTK .. I did consider it but decided to skip this one. 75 times average volume and 35 percent drop from the high. Risky, and if profitable chances are it'll be a bumpy ride.
Good luck.
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KSK8
561 posts
msg #147816
- Ignore KSK8 |
5/17/2019 11:04:10 AM
mahkoh,
I'm up 13% right now on this trade. It would have been bumpy had I not gotten filled around the open. That's why timing is a huge factor.
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mahkoh
1,065 posts
msg #147817
- Ignore mahkoh |
5/17/2019 11:36:41 AM
Well, goes to show what I know.
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shillllihs
5,975 posts
msg #147857
- Ignore shillllihs |
5/21/2019 2:42:05 PM
It's obvious that if safe the system potentially is very profitable assuming shares were available and you could get out of a position. I would be interested if I knew more about it.
Questions I have are,
What is the absolute biggest spike you have ever seen a stock go up, not with your system but in general?
Would someone with no collateral be best suited to trade this, someone who has no home to lose?
And if they have nothing to lose, are they on the hook for anything?
Will they close out positions for you so it doesn't get real bad?
Can you set this up in an LLC?
Just too risky for me but could work for someone with nothing to lose.
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KSK8
561 posts
msg #147865
- Ignore KSK8 |
5/22/2019 4:18:36 AM
shillllihs,
1. When companies in the OTC market get rid of their convertible debt or engage in a reverse merger, typically, their stock will go parabolic, sometimes in the hundred's or even in the thousands of %'s.
VYST is a shining example that ran well over 1,000%.
2. Short selling microcap equities isn't for beginners, its for seasoned traders who have a high risk tolerance.
3. Not sure what you mean by 'on the hook'.
4. It's called a margin call and it could be avoided if you have enough equity in your account to cover potential losses or other conditions-depending on your broker.
5. Dunno.
GLTY
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shillllihs
5,975 posts
msg #147866
- Ignore shillllihs
modified |
5/22/2019 7:57:52 AM
What I mean by on the hook is let's say someone with no possessions who shorted 60k messed up and they ended up owing 200k, they can't come after them for anything more or would there be a judgement on them to continue to pay off their debt even though they're broke. Someone like that could just file bankruptcy I suppose.
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