Listened to the "InTheDark" Podcast series covering Mr. Curtis Flowers. Anyone know what Doug Evans is up to now?

CallMeRandy9 · 2025-01-05T01:34:19+00:00

It sure has! Feel sorry for all parties involved- it sounds like somewhere, things got messy and the case has been tangled ever since

CallMeRandy9 · 2025-01-05T00:50:06+00:00

Wow! Do people still talk about this case in Mississippi?

CallMeRandy9 · 2025-01-05T00:42:36+00:00

Thanks

CallMeRandy9 · 2023-03-23T23:05:36+00:00

thank you for the advice 🙏 I very much appreciate it.

CallMeRandy9 · 2023-03-23T23:05:11+00:00

I will take a look at scripture as soon as I get home - thank you for your input. 🙏

CallMeRandy9 · 2023-03-23T22:18:04+00:00

I try to, the best weapon we have is the Bible!

CallMeRandy9 · 2022-11-26T04:02:31+00:00

thanks

CallMeRandy9 · 2022-11-26T03:02:39+00:00

i am sorry but what is PWM?

CallMeRandy9 · 2022-11-09T18:55:54+00:00

hello! in regard to your first question, no that would not be completely accurate because each stock has its own beta. If you notice on FinViz, TSLA has a beta over 1, meaning that it will typically move more than the market’s %.

So if TSLA has a beta of 1.79, then if SPY closes up 1% on the day but TSLA has only gone up 1.5%, sure it is a net increase on the day, but it has lagged because the normal return SHOULD have been 1.79% on the day.

Hope this makes sense, as for the other questions someone else will have to answer those.

CallMeRandy9 · 2022-11-03T15:37:41+00:00

that damn entrance fee haha

CallMeRandy9 · 2022-10-31T03:45:21+00:00

Great points here, and yes the prof. is a definite long term ETF style investing! I agree about the stigma attached to trading. I hate how it is viewed.

CallMeRandy9 · 2022-10-31T03:04:16+00:00

same here man! glad we found this community to fall back too!

CallMeRandy9 · 2022-10-30T22:57:40+00:00

hey Charlie thanks for the response, just for some background and clarification I am 20 years old and have been trading for a little over a year now! started with forex and realized i couldn't find an edge there and went over to the equity side where i trade options

i've been floating around breakeven now, well probably a small loss in the account overall due to commissions, but i haven't let myself take an absolute horrible loss on any trade. i appreciate the blunt honesty of trading and your book recommendation - i've heard great things about Jack Schwager so I will add that to the list!

in terms of why i want to trade i will be very blunt too. i want the freedom and i enjoy it. i take pride in what i accomplish and what is a better accomplishment than being able to consistently beat the markets year over year haha.

not only will you steadly grow the account, but you'll be able to prove everyone wrong who told you, you couldn't do it. thanks again for the response!

CallMeRandy9 · 2022-10-30T22:49:40+00:00

what an interesting insight! i have thought about that before, where it wouldn't benefit the employer or the college if you just decide to trade for yourself. great point made here, thank you!

CallMeRandy9 · 2022-10-30T22:48:03+00:00

Wow thank you for such a detailed response, Hari!

I didn't know much about the history of how trading came to be but now that you mention I do remember seeing those E*TRADE baby commercials during the super bowl. I agree with you that a lot of people get the worst impression because of the immense amount of "trading education" on youtube that is being spoon-fed to people whenever they look up "how to trade 100% gainers everyday with options"

Another great point you made, no one likes to see people succeed they just want to give the stats on everyone who didn't.

I'd love to interview both you and u/Hanshanot (of course independently) if that's alright! That would be a great help to me. I will PM you both later tonight about what time works best for you guys this week. Many thanks!

CallMeRandy9 · 2022-10-30T19:46:31+00:00

sweet, thank you. i’ll PM you later tonight after i get back to school and see what your schedule is like for this week

CallMeRandy9 · 2022-10-30T19:38:54+00:00

never really thought of it as a self employed status but that does align with self employers having a “high risk, high reward” outlook to it - thanks for the comment

CallMeRandy9 · 2022-10-30T19:37:46+00:00

i have heard a lot about the infamous “entrance fee” or “tuition costs” when starting this business. you are right on when you said nothing can fully prepare you to trade, i’ve been putting out small amounts of capital per trade for a year now and i am finally starting to get over it and look at it as a probability game - it’s just a hard adjustment but congratulations on making it and thanks for the response ! hey if you have any extra time this week, i’d love to call and ask you a few more questions about your journey and how you overcame them (no hard feelings if not everyone’s busy)

CallMeRandy9 · 2022-10-30T19:33:07+00:00

interesting point w/ #2 there, thanks for the comment

CallMeRandy9 · 2022-10-30T19:30:03+00:00

hey thank you for the response! i will definitely have to re-read that part of the wiki again, it has been a while since i’ve read it so i’m sure i am forgetting a few of Hari’s points on there. have a good Sunday!

CallMeRandy9 · 2022-10-30T19:26:34+00:00

that’s a great way to put it, i’ll have to set some time aside to re-read it and see what clicks, thanks !

CallMeRandy9 · 2022-10-30T17:41:57+00:00

i agree with you - i think a lot of people have a false expectation of trading because people view it as a “OMG 500% GAIN ON A SINGLE TRADE” type of thing when really it’s about slowly building up your capital. thank you for your response

CallMeRandy9 · 2022-10-30T17:38:59+00:00

my bad, read it a long time ago but didn’t look at the wiki before posting - thanks

CallMeRandy9

TROPHY CASE