The Adventures of MDawg (in progress)

[MDawg]

I never lose on trades because I ride them out if I need to. Today's (temporarily) losing day trade becomes tomorrow's winning swing trade. The longest I ever had to ride out an intended day trade was three months, from December 2018, until about March 2019, but I eventually booked a nice profit on a trade where I was down close to a million at one point.

The guys who lose on day trades first of all, don't know what they are doing and buy in at bad levels. And then beyond that, they lack the buying power to average in and HOLD longer than through the end of the day.

I'm not worried.

Still, if <<The truth is they have always gone back up when they dropped.>> then how could I lose? on any trade. Why is this so hard to accept or understand.

[MaxPen]

I never lose on trades because I ride them out if I need to. Today's (temporarily) losing day trade becomes tomorrow's winning swing trade. The longest I ever had to ride out an intended day trade was three months, from December 2018, until about March 2019, but I eventually booked a nice profit on a trade where I was down close to a million at one point.

The guys who lose on day trades first of all, don't know what they are doing and buy in at bad levels. And then beyond that, they lack the buying power to average in and HOLD longer than through the end of the day.

I'm not worried.

Still, if <<The truth is they have always gone back up when they dropped.>> then how could I lose? on any trade. Why is this so hard to accept or understand.

What is the largest percentage of available funds you have ever committed?

[The Boz]

I never lose on trades because I ride them out if I need to. Today's (temporarily) losing day trade becomes tomorrow's winning swing trade. The longest I ever had to ride out an intended day trade was three months, from December 2018, until about March 2019, but I eventually booked a nice profit on a trade where I was down close to a million at one point.

The guys who lose on day trades first of all, don't know what they are doing and buy in at bad levels. And then beyond that, they lack the buying power to average in and HOLD longer than through the end of the day.

I'm not worried.

Still, if <<The truth is they have always gone back up when they dropped.>> then how could I lose? on any trade. Why is this so hard to accept or understand.

What is the largest percentage of available funds you have ever committed?

Worthless question because of his statement above.

Every time you try and respect the guy he puts shit like this out there.

“ I never lose on trades because I ride them out if I need to”.

Why doesn’t every broker do this for every client? Everyday? Why do they bother to try and select stocks for customers?

If it is that easy, MD would be running and owning every brokerage house in America and all of NY. Hell he could own America with his secrets to never losing on a trade.

It goes back to where he started with. No one believes his Baccarat claims and it’s why Axel will be proven to have seen the hoax from the start. The guy could have pulled if off if he wasn’t trying to be such an egomaniac.

Another anonymous clown on the internet nobody knows.

[MaxPen]

He is validating his claims thru infinite bankroll proclamations. Which greatly affects bankroll optimization. I'm just trying to digest what he's proclaiming really means.

[MDawg]

Brokers? Brokers are the worst. Their primary agenda is to make commission and push the crapola that their firms are underwriting. Beyond that, they could care less. Brokers are in the business of churning. And then as far as funds, they are like mack trucks they don't trade at all just enter large positions, in segments, here and there. Really Boz, unless you're in there with what I do you can't comment on it any more than AxelWolf can comment on what I do. I mean you're talking about a guy who didn't even realize that a marker with the signature torn out of it was paid off, or that a pit boss would never allow you to take a picture of a marker right after you sign it. These types of comments are made by people who have no actual knowledge of what is being described.

<<What is the largest percentage of available funds you have ever committed?>> You have to look at stocks like AMZN differently from your average trade. Your average day trader enters tons of micro positions daily with a regimented stop/loss and pulls the trigger the moment the stock starts going too far against him. You just can't trade a stock like AMZN successfully like that. It swings back and forth so wildly that if you implement a rigid stop loss on it you'd get stopped out of so many trades you'd have a hard time making it - and you'd constantly get stopped out of trades where the stock came back later to give you a massive profit.

I don't have any problem holding longs until they come back. Shorts - those are pretty much the only trades where I lose my nerve and pull the trigger at a loss if things go too far against me. I described one such short in this thread where I lost ten grand. And even on that small trade I would have booked a profit if I had held just a couple hours longer. Which comes back to why day traders lose so regularly - they over extend and commit to going all cash by the end of each day.

Anyway, believe it or don't. If you trade the top quality stocks I trade, that keep hitting new ATHs, and are willing to hold them the minority of times when the market pulls out from under you, there is no way to lose. If this doesn't make sense to you it's because you're not really IN the market, you're a, relatively speaking, casual observer from the outside. That's not to say that casual observers can't make money - but they have to buy and hold blue chips they can't succeed at trading.

[MDawg]

He is validating his claims thru infinite bankroll proclamations. Which greatly affects bankroll optimization. I'm just trying to digest what he's proclaiming really means.

Not really infinite, just, having a big bankroll allows me to get back to ground zero faster, by averaging in more shares.

But even if all I did was enter a stock trade through one shot - one position, given that the stocks I trade hit new ATHs regularly, I'd still eventually make it, no matter what. And I trade only on dips, the bigger the dip the better, and I'm mindful of where the stock is and where its most recent ATH was, I mean there is a ton involved in my analysis before I pull the trigger on any given trade. But even if I knew nothing at all and threw a dart at the stocks I trade, like AMZN etc. on any given day, still eventually I'd make it. Boz is saying exactly this "that they always come back" don't know why he is arguing otherwise.

[The Boz]

Again, you keep bringing the same thing about Axel up again and again. And I believe he made a mistake on the tax paperwork claim. We all make mistakes, except you of course.

The man never lied to me about ANYTHING. And many people know and trust him.

You lie every fucking day with your claims.

As I have said, I believe you are a multi, multi millionaire. No clue how you got it to start with, but I know you are an egomaniac and full of shit with most of your claims.

You don’t win on every trade. And you only make yourself look stupid the longer you claim it.

But then again, we can all claim anything if no one knows who we are, can’t we?

[The Boz]

He is validating his claims thru infinite bankroll proclamations. Which greatly affects bankroll optimization. I'm just trying to digest what he's proclaiming really means.

Not really infinite, just, having a big bankroll allows me to get back to ground zero faster, by averaging in more shares.

But even if all I did was enter a stock trade through one shot - one position, given that the stocks I trade hit new ATHs regularly, I'd still eventually make it, no matter what. And I trade only on dips, the bigger the dip the better, and I'm mindful of where the stock is and where its most recent ATH was, I mean there is a ton involved in my analysis before I pull the trigger on any given trade. But even if I knew nothing at all and threw a dart at the stocks I trade, like AMZN etc. on any given day, still eventually I'd make it. Boz is saying exactly this "that they always come back" don't know why he is arguing otherwise.

The bigger the dip the better.

Just proves you are full of shit. You have no clue how low it’s going to drop or what the bottom is.

Note you ALWAYS post what you did at the end of the day.

Why isn’t EVERYONE and every house doing the same if you can “never lose”?

You are the typical scammer, no different than Christopher Mitchell. Look him up, you both have a lot in common.

[MDawg]

I'm holding a trading position for extra shares in AMZN in the red from today. I didn't close it out. I will close it as a winner, sooner or later. This is what I do, your trying to tell me I'm not doing it is like telling the Pope he's not Catholic.

[The Boz]

I'm holding a trading position for extra shares in AMZN in the red from today. I didn't close it out. I will close it as a winner, sooner or later. This is what I do, your trying to tell me I'm not doing it is like telling the Pope he's not Catholic.

Anonymous clown telling everyone he never loses on stock trades. Or in casinos.

Yep, you have credibility.

If I was a bigger asshole, I would send you in to CNBC, Fox Business and Bloomberg for the stock claims. I’m sure they would love to talk to you as a guest.

But I’m not that guy. And you should probably stop being such a blowhard, because others aren’t so nice.

Honestly goes a long way.

[MDawg]

Part of the reason you and I are not connecting is we're not talking the same language. When I say "the bigger the dip," a stock trader knows what I mean is, "the bigger the dip that I caught." I assume you thought I meant that the more a stock drops after I buy it the better, no. For example right now AMZN is 250 pts off its ATH, in a matter of just a few days. And in today's trade I caught it not at the bottom of that dip, but nowhere near the beginning of the dip. It might drop some more, but traditionally for this stock, it comes back strong after each sell off. That it dropped this much this fast is pretty good grounds for thinking that it'll recover relatively soon. It might drop another 100 pts., but then again it might just start popping from here. And if it drops a gang more I will average in some more shares, and lower my basis for this particular trade.

As I said there is a lot I consider before I pull the trigger on a trade.

As far as my long terms, those were entered long enough ago so that I don't really think too much about them anymore, just keep a casual eye on them.

[tableplay]

I never lose on trades because I ride them out if I need to.

I remember during the dot-bomb era, riding stocks all the way down to zero was really in style. That is, dollar cost averaging things into bankruptcy was quite fashionable.

[Darkoz]

Again, you keep bringing the same thing about Axel up again and again. And I believe he made a mistake on the tax paperwork claim. We all make mistakes, except you of course.

The man never lied to me about ANYTHING. And many people know and trust him.

You lie every fucking day with your claims.

As I have said, I believe you are a multi, multi millionaire. No clue how you got it to start with, but I know you are an egomaniac and full of shit with most of your claims.

You don’t win on every trade. And you only make yourself look stupid the longer you claim it.

But then again, we can all claim anything if no one knows who we are, can’t we?

MDawg always wins and brags and no one knows who he really is.

I'm suspecting MDawg is really Donald Trump

[MDawg]

No, 'cause my hands and corresponding member are bigger so I could not be Grump.

In any case, this particular conversation is overdone. You all may argue it ad infinitum whilst I continue with my business. And the stock business is good! notwithstanding today's drop.

[Wynnpleasure775]

Mdwag please understand that you are the best!

Don't let those others intimidate you.

I love you man!

[Darkoz]

MDawg,

Making the stock market great again

#mtsmga

[MDawg]

Thank you WynnPleasure!

and Darkoz! (I think?)

[Wynnpleasure775]

Again, you keep bringing the same thing about Axel up again and again. And I believe he made a mistake on the tax paperwork claim. We all make mistakes, except you of course.

The man never lied to me about ANYTHING. And many people know and trust him.

You lie every fucking day with your claims.

As I have said, I believe you are a multi, multi millionaire. No clue how you got it to start with, but I know you are an egomaniac and full of shit with most of your claims.

You don’t win on every trade. And you only make yourself look stupid the longer you claim it.

But then again, we can all claim anything if no one knows who we are, can’t we?

MDawg always wins and brags and no one knows who he really is.

I'm suspecting MDawg is really Donald Trump

Actually Mdwag is fucking better!

[MDawg]

The expression "good news and bad news" reminds me of this trip to Tahoe some years ago where the girl I was dating wasn't on birth control so I had to wear condoms. We went to the club they had at the time at Harrah's and then back up to the suite to slip off her slinky dress and, "Well there's good news and bad news" comes out of her mouth.

?

The bad news, I'm on my period. The good news, You don't have to wear a condom.

[The Boz]

The expression "good news and bad news" reminds me of this trip to Tahoe some years ago where the girl I was dating wasn't on birth control so I had to wear condoms. We went to the club they had at the time at Harrah's and then back up to the suite to slip off her slinky dress and, "Well there's good news and bad news" comes out of her mouth.

?

The bad news, I'm on my period. The good news, You don't have to wear a condom.

It was called VEX and the girls walked on the catwalk topless. Trust me, I was there before you were a “Hi Roller”.