You are viewing a single comment's thread from:
RE: The Greg Bananarino "truth in disclosure" trade log
The prices I logged in were for the Dec expiration 150 strike contracts. The Sept expiration date is 9/15. Since Greg waited until after the gapdown move before entering these positions they are little changed from when he entered the trades. Currently $150.00 puts are 5.35 and the calls are last traded at 4.35.
I followed the sauceman´s trades in a paper account last year. What I realized, Greg takes big losses and small wins. He measures his success in the amount of wins over profit. However, I could not replicate his winning track record. The amount he is willing to lose compared to the amount he wins is way out of whack.
the sauceman ruined people who took his advice. At the August lows of 2013, the sauceman told his subs "call your financial adviser, tell your adviser to get out of stocks and put it all into silver" what a brilliant idea that was. Tacos and I (my old channel karl childers) called him out on that great call. His response was to make a trolling video where he talked like a retard making fun of Taco´s youtube accent. the sauceman calls for a top in stock and a bottom is silver just about every video he makes. The first time the sauceman became a raging bull was at the December 2015 highs. It was a surreal moment to say the least. The market commenced to drop like a stone after that brilliant call. His account was "hacked" where all of his videos were deleted. Conveniently all his bad calls just disappeared as a result of the "hack".
the sauceman makes market top calls daily and silver bottom calls daily. When he does get a call right, is he clairvoyant on the markets, or just playing the numbers?
He always loses becuz he plays only long term in the money options and sux at entry Ty Ming. It is quite possible that he will be a loser on both sides of the MCD trade. But at least he is slick enough to play both sides becuz that way he can at least say he was "half" right. :-)