DISQUS

sumsum · 1 year ago

It's been a while since you brought up Lenny. Can't say I really even care about whether he makes money or not.

AtlasIzem · 1 year ago

You mean the martingale strategy doesn't work??? LOL

Adam · 1 year ago

it does work, the key is endless capital!

But no, no one really cares. It's for entertainment purposes.

fred · 1 year ago

is that guy missing a finger on his right hand....?

Adam · 1 year ago

lmao, does look that way. Pinkies are for Wimps!

deltaStrike · 1 year ago

lmao kinda missed Lenny, good to know his insane strategy of adding to losers is still working out in this terrible tape, lol. I personally like the new phrase I heard this time, "I'm always hunting, bro".

remember its always good to "lower" your sell order as close to break even as you can but never below boys and girls!

Adam · 1 year ago

clearly, that's a great trading lesson, NEVER take a loss.

deltaStrike · 1 year ago

lmao i never noticed that Lenny only four fingers on his right hand..rofl

Procol · 1 year ago

He's so dumb he might actually make money.,

since few are so idiotic, the market does not target this kind of strat on a global basis. It's not like all those hedgies doing brilliant things, that lost their shirts.

Adam · 1 year ago

all kidding aside, I bet he does have some horse sense with his actual money, and he does take his lumps when he has to.

KieranMac · 1 year ago

Man, that guy had the biggest chew-inspired dip lip I've ever seen. But he sure was gritty.

Adam · 1 year ago

hey, don't discount "grit" as an investing attribute!

GS751 · 1 year ago

never let go of a loser...lmao

Adam · 1 year ago

words to live by!

verbotenstylen · 1 year ago

I coudln't imagine how dumb I'd feel if I was one of those subscribers, after not being able to double down for the fifth time because of the lack of capital. And doesn't he just update his trades at the end of the week or something? So on Friday, his subscribers all get this email saying that during the week he averaged down on a pick 17 times and got out at breakeven! Hahaha!...Given the nature of our legal system, I truly can't believe that this guy hasn't gotten sacked yet...I mean, his accountants and partners all sue him, it's just a matter of time before there's some class action suit from people that lost money on him...

Procol · 1 year ago

how can the market be so boring with a 60+ volatility.

Adam · 1 year ago

verbo: yeah, I do wonder how you can legally claim certain things in a financial site, Guess he already has a team of lawyers handy.

procol: I may quote you on that, it's very true, I guess we're just inured to this, a down 20 pt open in the SPX is like normal now. 63-64 VIX implies about a 4% range, and that's right where we are today. It's just like background noise now. Although i wish it was background noise the other way, lol.

deltaStrike · 1 year ago

waiting for the day when I see Lenny and "The Players Club" on Judge Judy...lmao

kenny · 1 year ago

to: AtlasIzem
i think he does not mean that martingale strategy does not work. but it works not so well. :)

Adam · 1 year ago

yeah, it does work from the standpoint you can write about your great winning percentage, lol.