Manic Trading Thread

62,781 Views | 870 Replies | Last: 4 yr ago by BearkatRunner88
Exsurge Domine
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So fellas I've seen some not great info on Sam, and it leads me to believe that he may be a fake. Just FYI for those who got memberships like I did.
gig em 02
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Like what?
Exsurge Domine
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gig em 02 said:

Like what?


It looks like he lives in a sub 200k house, and filed income of around 75k or so a year. Would be unlikely for a guy who has made 500k in a day
McInnis 03
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AG
Exsurge Domine said:

gig em 02 said:

Like what?


It looks like he lives in a sub 200k house, and filed income of around 75k or so a year. Would be unlikely for a guy who has made 500k in a day


You know options. Lost 475k the next.
***If this post is on Business and Investing, take it with a grain of salt. I am wrong way more than I am right (but I am less wrong than I used to be) and if you follow me you will be too.***

B&I Key:
ETH - Extended Trading Hours --- RTH - Regular Trading Hours
ORH - Opening Range (1st 30min) High --- ORL - Opening Range Low
R1, R2, R3 - Resistance 1, 2, or 3 --- S1, S2, S3 - Support 1, 2 or 3
gig em 02
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Ive seen similar things but I've played some of his free calls and they have been rockets, guess it's too good to be true
Exsurge Domine
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gig em 02 said:

Ive seen similar things but I've played some of his free calls and they have been rockets, guess it's too good to be true


I have as well, but one thing I noticed is that his entry premium is ridiculously lower than what is available less than 4 seconds after he posts. Ridiculously so.

And as much of a showoff as this guy is, if he was really big time money man, he'd be showing off his largesse I would imagine . Big house, nice cars, fancy watches etc
AgShaun00
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AG
Good info. I am sure many are hot know. Most money can be made when stocks go from very bad to bad.
khkman22
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AG
Exsurge Domine said:

gig em 02 said:

Like what?


It looks like he lives in a sub 200k house, and filed income of around 75k or so a year. Would be unlikely for a guy who has made 500k in a day
How would someone get the income information? I know you could do the digging to find out his house value, but it seems either an IRS person would have had to be screwed by some of his trades (unlikely) or someone he knows has something against him that has a general idea of his income level (possible). But I don't know what details and information are out there.
jtmoney03
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AG
You're definitely right to be skeptical, and I don't have any issue with that at all. I won't defend the guy to the ends of the earth, because he irks me a lot. He is also not infallible and has picked some real losers. But I'm positive he does not live in a 200K house in Rowlett...actually pretty sure he lives in Allen. He has gained some haters along the way and I think the few posts I've found online about him are probably by people that got burned badly. That is a risk in blindly following the advice of others.

As far as the premiums moving, that is from his chat where they talk about a trade, he makes his move, posts it there and on twitter and then people like you and me follow. McInnis on the main thread even caught it today...right after he made his BA 120p post, it lit up a scanner for 260K. With 1500 followers, even if 100 people followed, it's going to move the option price. That can happen in seconds.

For me, for now anyway, the guy could live in a van down by the river and be posting blitzed out of his mind on shrooms and coke, throwing darts at a tree with tickers on it...he's made me some pretty decent coin over the last 9 months and I'll stay with him for as long as that continues.
Exsurge Domine
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jtmoney03 said:

You're definitely right to be skeptical, and I don't have any issue with that at all. I won't defend the guy to the ends of the earth, because he irks me a lot. He is also not infallible and has picked some real losers. But I'm positive he does not live in a 200K house in Rowlett...actually pretty sure he lives in Allen. He has gained some haters along the way and I think the few posts I've found online about him are probably by people that got burned badly. That is a risk in blindly following the advice of others.

As far as the premiums moving, that is from his chat where they talk about a trade, he makes his move, posts it there and on twitter and then people like you and me follow. McInnis on the main thread even caught it today...right after he made his BA 120p post, it lit up a scanner for 260K. With 1500 followers, even if 100 people followed, it's going to move the option price. That can happen in seconds.

For me, for now anyway, the guy could live in a van down by the river and be posting blitzed out of his mind on shrooms and coke, throwing darts at a tree with tickers on it...he's made me some pretty decent coin over the last 9 months and I'll stay with him for as long as that continues.


He has indeed hit some out of the park, I cannot argue with that. And he may live in Allen, but SmarterTrader411.com is registered to a Samir Parikh at a house in Rowlett, and his D&B shows around $75k/year in income. Obviously that wouldn't show his trading wins, but he does claim hundreds of thousands of dollars in subs a month.

And you could be right about the volume moving the price; but the amount of movement is what's crazy. I saw a retrospective about an old tweet of his that showed the premium was never actually at the levels that he claimed for winnings or buy in.

Either way; that (along with his typing) has me looking just a little askance.
Proposition Joe
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I am a relative newbie when it comes to the investing world.

But when I read this thread it reads exactly like the sports gambling threads where people try to follow "name" handicappers and get burned... right down to the "picker gets a # slightly better than what anyone else managed to get".

If I'm posting Lions at +4.5 and everyone else is getting +4 or +3.5, I'm going to do 2% better than everyone else long term.
RPMag
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AG
75k/yr in adjusted income? Knows how to itemize his deductions.
McInnis 03
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AG
D&B is only as good as the data the entity reports to it
***If this post is on Business and Investing, take it with a grain of salt. I am wrong way more than I am right (but I am less wrong than I used to be) and if you follow me you will be too.***

B&I Key:
ETH - Extended Trading Hours --- RTH - Regular Trading Hours
ORH - Opening Range (1st 30min) High --- ORL - Opening Range Low
R1, R2, R3 - Resistance 1, 2, or 3 --- S1, S2, S3 - Support 1, 2 or 3
RPMag
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AG
So far I am really impressed with Duck's results this week.He makes some big plays and really hasn't been wrong. I'm in on his eBay call right now. Hoping for the best.
gig em 02
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You catch that TSLA put Friday and I bet you overlook a lot of that
AgEng06
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AG
Well, how are we feeling today fellas?
Exsurge Domine
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AgEng06 said:

Well, how are we feeling today fellas?


Baba looking good, BYND going to be a HR, but that wasn't a manic play.
AgShaun00
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AG
BABA, X, and NIO is going to be a good start.

EBAY flat.

All i have open from them.
McInnis 03
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AG
I have no winners right now. Story of my life.
***If this post is on Business and Investing, take it with a grain of salt. I am wrong way more than I am right (but I am less wrong than I used to be) and if you follow me you will be too.***

B&I Key:
ETH - Extended Trading Hours --- RTH - Regular Trading Hours
ORH - Opening Range (1st 30min) High --- ORL - Opening Range Low
R1, R2, R3 - Resistance 1, 2, or 3 --- S1, S2, S3 - Support 1, 2 or 3
Exsurge Domine
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AgShaun00 said:

BABA, X, and NIO is going to be a good start.

EBAY flat.

All i have open from them.


What was the NIO play, I still have the 5/15 5c but I think the movement today is still too small to move the neeedle much
AgEng06
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AG
I have BABA and NIO from Manic and EBAY from Duck.
AgEng06
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AG
Yeah, mine is the 5/15 5c as well.
AgShaun00
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AG
Exsurge Domine said:

AgShaun00 said:

BABA, X, and NIO is going to be a good start.

EBAY flat.

All i have open from them.


What was the NIO play, I still have the 5/15 5c but I think the movement today is still too small to move the neeedle much
i bought the nio 4c instead of the 5. As much as we follow nio on the other thread, I didn't like the odds of it hitting. For me, I think I got a good chance to get at least back even.
AgEng06
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AG
I might consider averaging down at open, depending on how things look.
OverSeas AG
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AG
Every knee shall bow and every tongue shall confess
McInnis 03
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AG
Manic was on NIO? I missed that, winner winner
***If this post is on Business and Investing, take it with a grain of salt. I am wrong way more than I am right (but I am less wrong than I used to be) and if you follow me you will be too.***

B&I Key:
ETH - Extended Trading Hours --- RTH - Regular Trading Hours
ORH - Opening Range (1st 30min) High --- ORL - Opening Range Low
R1, R2, R3 - Resistance 1, 2, or 3 --- S1, S2, S3 - Support 1, 2 or 3
AgShaun00
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AG
OverSeas AG said:

In on BABA.

Then have the following -
BJ 200515 C $30 (that is my 52.50 cost basis WHALE!)
CATS 200515 C $35 (That one is a stinker - big loss)
RUBI 200918 C$10
CRWD 201218 C$100


Let's see how the day goes!
going to get into rubi september soon. I am putting orders in to see if I can get them filled.
AgEng06
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AG
I also have the 9/18 RUBI 10c and 5/15 BJ 30c from the other thread.

BJ's has effectively had no movement for at least the past week or so.
OverSeas AG
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AG
Every knee shall bow and every tongue shall confess
McInnis 03
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AgEng06
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AG
I have 10 contracts, but at 0.05 each, so I'm only out $50 if goes to zero.




And I need coffee.... because I completely missed your joke.
OverSeas AG
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AG
Every knee shall bow and every tongue shall confess
Exsurge Domine
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McInnis 03 said:

Manic was on NIO? I missed that, winner winner


Not really, it's down like 90% and today won't do much
AgEng06
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AG
Hey! It's only down 50%.
AgEng06
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AG
Really tempted to follow Duck on NFLX, but that $5+ premium...
 
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