SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Richard Ney and the Wall Street Gang
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: ccryder who wrote (122)1/21/1998 2:32:00 AM
From: BenYeung  Read Replies (1) of 492
 
Most ECMs and techs beat the heck out of estimates, proven that the currency crisis did not affect US earnings too much. And proved that Wall Street used that as the excuse to drop stock prices from Oct to Dec.

I went to Reno, Neveda for the weekend, and played a few hands. I used my trading strategies on the tables and it worked quite well. Made 60 bucks from an initial bet of 2 dollars playing craps and blackjack (I used to play 5 dollar bets and have at least 20 dollars on the table in any minute, but I only play for fun now). Here is some of the guidelines I have been using: (Play and trade interchanges)

1. Play only when you feel hot about the game(market). Dont over play. Dont play every game. Watch for the perfect moment.

2. Use only a small amount of capital to start with. If you make money on the first bet, keep on playing but limit your losses to only the initial bet. Then put more money to your pocket and keep your profit. If you lose on the first bet, sit back, have a beer or more, then come back to play if you feel hot again.

3. Dont borrow others money to play (margin).

4. This only applies to actual gambling: If someone wants to borrow your money, and will share the profit if they make money on that bet, go for it. You dont lose a thing. (One of my friend borrowed some of my cash to play, I shared half of the profit while he will pay me back the capital)

5. Dont take nobody's tips.

6. Dont take huge risk anticipating huge return just because you are down so much. You ll probably end up losing more.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News