Melly's latest trade

oh dear melly, you put your foot in it again.Try to appear smart you googled to find an obscure trade and as usual YOU WERE WRONG.

Lets see "loaded up", what would that be? @ 1000 per ct 20 cts? 50 cts? Lets say 50, thats a "loaded up type posi. 50000x .24= 12k. no thats not big enough, tiny really.More likely 500 for a big shot like you melly.

so 500,000 x .24=120k
now  .18

your loss 30,000 pounds? euro? usd?  nice work for a day melly-losing 30k and onlt  posting your very BEST trade


what a complte moron.

but I am dirty- I saw your post yesterday and did'nt check it out, which gives the **** because I have been taking the other side of all your recommendations and making excellent $$$$$$$$$$. I could have made 30k.
  That would have been YOUR 30k, because - remember melly TRADING IS A ZERO SUM GAME.

you would be the zero part

0.13 today, losing altitude quickly, just 2 weeks until zero, melly praying for a miracle...

Looks like I've landed the treble.


Had tight stops - check
Was only in the trade for "less than 30 seconds" - check.
closed the trade the second it was in the money - check.

at least if you are going to try and aftertime, do it on something which has actually made money - not just to try and limit the damage of what was yet another clueless post by you.

Menelaus Joined: 03 Feb 05
Replies: 1599 29 Feb 12 19:06   
You should have asked me yesterday.

I loaded up on March 17 QQQs 62s at 24 cents this morning.

Feel free to keep track of this trade and report back.

Menelaus Joined: 03 Feb 05
Replies: 1599 29 Feb 12 19:08   
You do know what they are, yes?

unitedbiscuits Joined: 27 Jan 02
Replies: 1277 29 Feb 12 19:11   
No, I don't know what they are, the only thing I recognize is the after-timing.

Are you American, by any chance?

Menelaus Joined: 03 Feb 05
Replies: 1599 29 Feb 12 19:15   
LOL....of course you don't know....it didn't say "buy apple"

LOL...

Menelaus Joined: 03 Feb 05
Replies: 1599 29 Feb 12 19:22   
LOL..the trade is out of the money since I made it, but you think I'm aftertiming......and I could be an American to boot.

This is getting farcical   



*************************
sorry couldnt resist. because it s easy to take the pss thinking no one can double check what one is saying...

on feb 29th by 7pm - at time menelaus reported the trade - the 62 march puts on QQQ were in the money, as since 3.30pm they never trade below 25cents. HH testimony, right? but of course our friend bought before then, as although he knows that the only plan is to print, print, print, he felt that during that testimony BB was going to be less dovish....
in the eve they closed at 29, so a whopping 20% higher than the imaginary purchase price. a good chance to show who is good at trading, right? so yeah indeed it was classic aftertiming. and even more classic denial afterwards. how did you define it? FARCICAL?
pity the day later we never saw the price again, 2 trades went thru at 25 cents, in minimal size ( ehy, i got the systems you claim to watch, so i know exactly where and when something traded ), of course menelaus could have sold back his puts at a profit of a cent but for a profit he wouldnt be able to use even for his lunches at scalini.
most likely he kept the positions, to be fair he s astute enough that in a zero sum game, paying away spreads to go in and out of a position to job a pip it s antieconomical and the road to ruin. i would think i would respect him more he if s still in the position, at the end of the day what s the point to claim to be a financial genius if all you re after is a bit of market scalping - which is what annoys him about ben and whippet and all the others.. but far from me to criticise your trade ( although seems you cant resist to go short apple, in a way or another right? ), who cares whether you made a fortune or lost it. and well done for posting a position finally.

dont get me wrong, this forum has become a circus, and it s good only for a laugh. it s full of jokers, so it s not only you. so i should have a go even at other guys here probably. but trust me, you re fastly losing the plot and you look so childish it s not even funny.



ps
i know exactly what you re going to reply (" where were you when the others were making stupid claims" or " woohho werent you the one that said we werent going to have inflation?" or some other rubbish ) so dont even bother, anything slightly offensive told by you, it got to be taken as a compliment.

pps
when you say you bought in the morning these put, which timezone you re actually referring to? ;-)

is that all you can say melly....?

you are acting like a lame animal about to be put out of it's misery. please buck your ideas up or just leave the forum for good.

has someone hacked your account or have you finally lost the plot? this really is car crash stuff.

the 3 day aftertiming has to be a new betfair record, i can picture you sweating on whether or not to bail on this rapidly plummeting and doomed fantasy trade for three days, while cooking up some BS about how you not only got out before it hit the ground in a fiery wreck, but in fact left the airport before the plane took off!

@ polyahole


There not an ounce of British blood in you because if you had you'd realize that throwing your heels at someone with a gun will likely get you in a lot of trouble. May be Dutch or American, I can't rule those out...

polybot 04 Mar 12 00:50 
"polyahole, I took a trip to NYC for a couple of days and couldn't post."

no internet in New York then?


There's internet in NYC halfwit, I just can't post on here as BF is blocked. Travel much???



@ benny the clown


Just "cut & paste" this (you are an expert at it), keep posting it on here and save yourself some time:

"melly, aaaargh, blah blah blah feck off blah blah blah gold under 1,000 soon no hyperinflation today melly feck off blah blah blah I read this morning blah blah blah melly feck off AUD going up or down made money again "

ok, tell me exactly at what time you bough the puts on the 29th of feb, whether before or after HH.
then tell me how many contracts you bought at that level, and whether at 7pm, the time you posted your comment, the options were higher or lower in price ( definition of the trade being in the money ). you trying to be smart and fool less sophisticated posters here just because you bought an OTM option, but we both know that you lie and there s no way out of this hole.
if you rely on bloomberg, use the trade recap function, it s so easy to check tic by tic. also, you didnt reply yet which timezone you were referring to when you mention 'in the morning'.
we both know why..
ah, and for fairness, tell everyone if you re still in the trade or not, what commission you pay to your brokers and so on.

ehy, that i dont like you it s obvious, you hijacked the forum and made it into your personal kindergarden. you enjoy controversy too much, you re never ready for an exchange of views, you think you re the only one with a clue. you never let go. mostly, i dont like your character, always jealous, almost upset at anybody else's success ( whether genuin or invented, who cares??? this is cyberspace ).
thats why i never come in anymore. you never gave me any lessons, thank you very much, and in fact i think you embarassed yourself so many times on this forum while discussing with me ( this farce of the QQQ puts it s just an example, i remember picking you off on some leveraged gold etf you had to admit you had closed within hours of the initial post; or the even more ridiculous claim you had made money from your puts on apple, pretending no one knew/remembered you have to pay for the option premia; and i stop here else i need to dig the ge, the gs and the citi...)

you re quite good as an analyst, although too much on the bearish side for my liking ( but thats a fact, 99pct of the blogosphere is bearish, to counter the 99pct of the tv camp is bullish ).
if you limited yourself to post comments, views and ideas instead of trying to pick up a fight agst everyone you would actually find that even such a forum could be useful.

enjoy the sunday, and good luck on your puts.

of course im confident. i can see you are not confident to write down all your trade details, as now you dont have access to trade recap from bloomberg so you cannot make up a story? i can get a log of all trades in this security when i want. so we can double check it when you are ready.
this is not vetriol, this is (in minimal part) exactly what you try to do when you try to knock people down for no reason ( take pierre for example, and his winning trades in aud-ish, or eurchf in august ).
of course i was expecting a reply along these lines:"im not wasting time with you, blahblah" as it s typical of your persona.
anyway, my point about analyst stands, please be aware that i said analyst and not trader or trading advisor.

confirmed-

melly does not have a bloomberg terminal as he claimed previous. ho hum- another lie/fraud from melly- wat else is new?

Melly exposed as a liar and a fraud, and now dodging the issue? Has this ever happened before?

melly must be seething (again!) today.
no doubt he will claim to have to have bought them back but couldn't post it because he was temporarily out of the earth's orbit or the dog ate his computer or some such excuse.

damn!!! doubled in a day

trading the opposite of melly is the most profitable move on here!

Day's Range:    0.30 - 0.43

poor old melly must be inconsolable

Au contraire mon lemmings.

Those who trade in the real world use stops to manage risk. It hit my tight stop, the trade was over, end off.

Those who are clowns, trade in the world of a forum make-believe, use something called "mega stops" (what the feck are mega stops anyways?) and get slaughtered.

The fact that expected the market to roll over, and it did, seems to be missed on polyahole and benny the clown, unless they think shorting the cubes was the only trade I executed the last few days. May be they do, who knows what 's in a clown's empty cranium and a little girl's feeble mind. I sure don't.

he closed it using his iphone - he made sure he bought a £5 top up voucher this time.

0.06 friday

I used to think it was due to inexperience.....I WAS WRONG

I used to think it was due to not knowing enough....I WAS WRONG

I used to think it was due to being totally clueless on occasion......I WAS WRONG

I used to think it was due to being a complete hypocrite......I WAS WRONG



It's all because you have such low level of self-esteem. Why else would anyone shamelessly p***** themselves on here the way you do every day?


It may be curable, I would try to look after that problem if I were you. Visiting a shrink's office may be a good place to start, otherwise, you are destined to spend the rest of your life on your knees.

I hope this helps.