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Author Topic: Do any of you day trade for your living?  (Read 15090 times)

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Änσnymσus

  • Guest
Re: Do any of you day trade for your living?
« Reply #20 on: September 12, 2022, 07:14:32 PM »
Quote from: Yeti on September 12, 2022, 05:01:14 PM
Well, he lost miserably. Buffet's index fund returned 125.8% during that decade, while the fund manager's funds only made 36%.


A 36% return is massive.  I don't think you're 'losing miserably' if you 'only' generate returns of 36%.  Try and squeeze 1% out of your bank.
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Offline Yeti

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Re: Do any of you day trade for your living?
« Reply #21 on: September 12, 2022, 07:18:53 PM »
Quote from: Änσnymσus on September 12, 2022, 07:14:32 PM
A 36% return is massive.  I don't think you're 'losing miserably' if you 'only' generate returns of 36%.  Try and squeeze 1% out of your bank.
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What an idiotic response. This was a competition. They were each trying to make more money than the other, get it? The S&P fund returned 125.8%; the hedge fund returned 36%. Losing a game 126 to 36 is called getting your ass kicked.
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Offline Yeti

  • Supporter
Re: Do any of you day trade for your living?
« Reply #22 on: September 12, 2022, 07:36:30 PM »
Quote from: Yeti on September 12, 2022, 07:18:53 PM
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What an idiotic response. This was a competition. They were each trying to make more money than the other, get it? The S&P fund returned 125.8%; the hedge fund returned 36%. Losing a game 126 to 36 is called getting your ass kicked.
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I'm sorry to lose my manners like this. Unfortunately I can't remove this because it's in the Anonymous section.

Anyway, the question is not "Which form of investment is better -- savings account or stock market?" The question is: "Which form of stock investing is better -- hedge funds/active investing or index funds?"

If this were a game, the index funds would have won with a score of 126 to 36. If you don't consider that a resounding victory for index funds, well, okay, but those were the results.
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Änσnymσus

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Re: Do any of you day trade for your living?
« Reply #23 on: September 12, 2022, 07:51:15 PM »
The funny/sad thing is, absolutely none of this has anything to do with the thread topic of day trading.  I posted my entries, exits, and price target on the CRMD chart which generated basically 500% returns on options.  Now this is about a hedge fund losing to Warren Buffett because he only generated a 36% return?  

The 'logic' here is exactly why I bailed on CathInfo ten years ago.  Looks like I'm already regretting my return and I've literally only posted two or three things.  LOLOLOLOL
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Änσnymσus

  • Guest
Re: Do any of you day trade for your living?
« Reply #24 on: September 13, 2022, 12:57:29 AM »
I guess a few posters here don't really care about the morality (or lack thereof) but are just out to make money.  Sad.
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