Sosnoff Says No Such Thing As Pro gamblers ..KVB??

[jjgold]

These two not stupid sold two broker platforms over 1 billions (tastytrade and thinkorswim)

 

[KVB]

These two not stupid sold two broker platforms over 1 billions (tastytrade and thinkorswim)

LMAO he says in the first 30 seconds that there are, but they don't matter.

Not disagreeing with the video, but he didn't say what you wrote in the thread title.

I don't disagree with a lot of what's said in the video, but at second :25, he says what he says.

He's right, liquidity is an issue and that's why I moved back to stocks last year.

Issue of cost not so much when making markets, so we like the exchanges.

 

[europro]

These two not stupid sold two broker platforms over 1 billions (tastytrade and thinkorswim)

lol whos this jerkoff?

 

[DiggityDaggityDo]

LMAO he says in the first 30 seconds that there are, but they don't matter.

Not disagreeing with the video, but he didn't say what you wrote in the thread title.

JJ has been using this.

 

[jjgold]

Tremendous response, KVB

 

[phillyflyers]

Who?

 

[flyingillini]

I would love to see @elihu.feustel aka Justin7 debate @KVB on Zoom. It would be epic , it would be as good as Saylor vs Schiff

 

[KVB]

LMAO he says in the first 30 seconds that there are, but they don't matter.

I'd like to add something.

They don't matter?

WTF?

That's like saying they are a lot more people who trade than there are actual institutions, by number, but those institutions don't matter.

He might scoff at the market size compared to other markets, but who the fukk does he think stamps out these lines and puts them into efficiency?

The fukkin pros, the institutions of the market. The market makers. I do that now on exchanges as well.

It does go both ways, if risk managers knock out the sharp bettors, how can they be making a market?

Well they can.

Not to mention, not all books completely knock out sharps, they use them to harden the line.

Like I said, I agree with a lot of things in that video, pretty much everything. I'll say that the commission is probably the biggest real bitch, it changes your breakeven point, makes it very hard to just beat line, especially closing lines, but it's clear he doesn't understand how the industry works.

 

[KVB]

He is right to say what he says for the vast majority of people out there.

I've said before and I'll say it again, the phone combined with gambling on everything is a bad mixture, especially for a certain population.

The idea of just coming along and being pro is ridiculous, and that's the main thing he's saying.

He's saying to the masses that even though it's right in front of you, don't quit your day job.

He is not wrong.