Just playing devil’s advocate on purported returns, who is to believe yours are real or anyone else? Now if there are restrictions like SSKILLZ where he has to take end of day prices, it is harder to manipulate and would be stupid to manipulate if thinly traded companies (because if he is the one buying or selling real shares end of day to enhance his returns in a make believe port, his real port would be losing on those).
But with your style of being able to go in and out many times per week, per day, per hour, etc on the same security, you could easily positively skim several percent a month in returns by simply saying you sold and using the ask price instead of bid price and vice versa (if you buy you give yourself the bid price instead of ask) and no one would be the wiser.
Not saying you are doing that, but who would know and it could very easily heavily inflate your returns over time given the massive churn you have even if spreads are 0.05% on bid and ask.
The stuff you’ve picked over time (and rationale) have been very coin flip IMO, whether triple levered negative ETFs or single securities like AAOI or whatever. In terms of stock picking names over time, I’d say KiK is far superior in general to you in my personal opinion (and probably many others) although yes they are thinly traded very often.
All IMO only.
PS- if you wanted to convince me of your returns more fully, just take end of day prices on securities for buys and sells. That eliminates a lot of the skimming that can be done with your current ways.
I don't mind stealing bread from the mouths of decadence... But I can't feed on the powerless when my cup's already overfilled.
-Temple of the Dog
