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So you are being outsmarted by children as well as adults?

 

More like Karen couldn’t make a coherent argument. Reminds me of you.

 

I was so manipulated. You’d buy the up fund or down on the expectation that Nat gas was either going to fall or rise based on reasonable weather or production forecast. But inventory levels seemed to move independently of that. Sometimes I’d win big but I generally took a drubbing. I think they got shut down by the SEC. TVIX as well though I hear it’s back in a new way.

Just like betting on roulette.

 

I have a confession to make. I don’t know what it means to be “almost back to unch.”

 

Unch = shorthand for “unchanged”.

He held a stock that went down substantially, and is now almost back to what it was the day he bought it.

A much better feeling than seeing a stock that went up substantially and is now back to “unch”.

Anyone who picks individual stocks to invest has probably seen a bit of both.

 

Day trading is betting on roulette. Short term stock prices are rarely related to anything real. If you aren't buying and holding, and you aren't using a computer algorithm to make high frequency trades, you are profit for those who are.

 

Yeah I don’t day trade but I do have a little play money for in and outs. When I stay away from the meme stocks and leveraged funds I do OK