Originally posted by BABABlackSheep
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stock market crash
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Originally posted by TheGreenBastard View PostIt must be that bad, or it's a lie.
That's without leverage.
Add in the 3x, and the losses must be vastly greater. I've previously done some modelling of 2x and 3x daily leverage and the drawdowns can be horrendous.Scoots still says that Apr 2020 didn't mark the start of a new stock bull market.Comment
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Originally posted by DealorNoDeal View PostIf he'd opened a $100,000 non-leveraged short of ETH at $220 then, with ETH now at $395, it would have fallen to around $56,000.
That's without leverage.
Add in the 3x, and the losses must be vastly greater. I've previously done some modelling of 2x and 3x daily leverage and the drawdowns can be horrendous.
The put expiring in Nov doesn't follow any of his previous fictitious claims does it?Comment
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Originally posted by TheGreenBastard View PostBut it depends on expiration date right?
Since we don’t have any evidence to prove it we have to rely on Pooper Scoopers character as shown on this forumComment
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Originally posted by AtW View PostIt depends a lot more on whether it (trade) is bull-tulip or not.
Since we don’t have any evidence to prove it we have to rely on Pooper Scoopers character as shown on this forumOld Greg - In search of acceptance since Mar 2007. Hoping each leap will be his last.Comment
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Originally posted by TheGreenBastard View PostBut it depends on expiration date right?
Using my models, Ethereum going up from $220 to $395 would have resulted in about an 85% loss on the 3x short.
If he really had "invested" $100,000 in a 3x short, I can't believe he'd have much more than $15,000 now.Scoots still says that Apr 2020 didn't mark the start of a new stock bull market.Comment
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Originally posted by DealorNoDeal View PostHis 3x short of Ethereum is a daily leveraged product, like a leveraged ETF, so it doesn't have an expiry date.
Using my models, Ethereum going up from $220 to $395 would have resulted in about an 85% loss on the 3x short.
If he really had "invested" $100,000 in a 3x short, I can't believe he'd have much more than $15,000 now.
winner winner chicken dinner"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Originally posted by DealorNoDeal View PostHis 3x short of Ethereum is a daily leveraged product, like a leveraged ETF, so it doesn't have an expiry date.
Using my models, Ethereum going up from $220 to $395 would have resulted in about an 85% loss on the 3x short.
If he really had "invested" $100,000 in a 3x short, I can't believe he'd have much more than $15,000 now.'CUK forum personality of 2011 - Winner - Yes really!!!!Comment
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Originally posted by Zigenare View PostBased on his persona on this forum I'd trust him more than I trust you.Comment
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