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Comment: $100 million (Score 4, Interesting) 95

by WaterDamage (#49261141) Attached to: Education Company Monitors Social Media For Test References
Since when did it start to cost $100 million to administer a test??? The schools are out of freaking control and are gouging the life out of property taxes. It's time we end the fiasco and do 100% online virtual schools or fire the union, pension hoarding teachers and replace them with robots or TV's. In today's day and age, there is no reason why they can't record all the lectures into video format and play them back. As far as tests are concerned, every kid should get a different randomized test in front of a computer with a time limit. It's time we put our foot down and end the waste of tax dollars on old bureaucratic nonsense.

Comment: LAPD Chopper parody to Host Chopper (Score 1) 160

by WaterDamage (#49248799) Attached to: LAPD Police Claim Helicopters Stop Crimes Before They Happen
Too bad "Host Chopper" is no longer around as it was a hilarious parody about a hosting company with a fucking chopper, I guess someone should create a LAPD Chopper parody since all they're doing is delaying the crime, not actually stopping it. As soon as the chopper is gone the criminals go on a rampage.: Here's a link to some of the content host chopper used to have: http://laughingsquid.com/host-...

Comment: Re:See mom? (Score 1) 113

by WaterDamage (#48016823) Attached to: Mystery Gamer Makes Millions Moving Markets In Japan
According to my speculation he likely had $150,000,000 ($150 million dollars) since that sized account would be able to come close to hitting $15 billion dollars in trading per year. Please note that if you factor in T+3 days to settle funds between trades he likely traded less than 100 times in a 365 day cycle. so from this number we can safely speculate that his real gain could have been 33%. While impressive for a trader, he definitely did not beat the market since the market went up by 57% so he traded like a mad man trying to play games in the market only to have the market beat him by a whopping additional 24%!

Comment: Re:See mom? (Score 1) 113

by WaterDamage (#48016813) Attached to: Mystery Gamer Makes Millions Moving Markets In Japan

The article suggests he started with 10,000 a decade ago. If he did that, then he's impressive.

I see no mention of the $10,000 anywhere in this article. Actually the article does not state how much money he had to trade with so unless you have a source we have no idea how big the account was. According to my speculation he likely had $150,000,000 ($150 million dollars) since that sized account would be able to come close to hitting $15 billion dollars in trading per year. Please note that if you factor in T+3 days to settle funds between trades he likely traded less than 100 times in a 365 day cycle.

Comment: Re:See mom? (Score 1) 113

by WaterDamage (#48016797) Attached to: Mystery Gamer Makes Millions Moving Markets In Japan

This is almost certainly wrong. You don't need $15B to make $15B in total turnover. He could be buying and selling hundreds of times a day, or tens of thousands of times a year, rolling over the same money.

You must factor in the time settlement of funds. Even as a day trader or HFT trader, you are subject to the T+3 day settlement rule . So if he only had a small trading account with $1,000,000 ($1 Million) dollars he would be able to trade that entire $1 million dollars less than 100 times per year with that amount of money due to the T+3 funds settlement rule. So if you do the math, it would not add up to $15 billion in volume.

Actually, we can speculate that he likely had a trading account with $150,000,000 ($150 million dollars) since that sized account would be able to come close to hitting $15 billion dollars in trading so from this number we can safely speculate that his real gain could have been 33%. While impressive for a trader, he definitely did not beat the market since the market went up by 57% so he traded like a mad man trying to play games in the market only to have the market beat him by a whopping additional 24%!

Comment: Re:A direct quote from Warren Buffett (Score 1) 113

by WaterDamage (#48015411) Attached to: Mystery Gamer Makes Millions Moving Markets In Japan
ummmm, I really hate it when anyone makes stupid generalizations without explaining anything. Te whole point of trading, finding winners. How do you know you have a winner or just bought a falling knife? BTW, Buffet does use price targets almost every-time. As a matter of fact Buffet has been known to wait 15 years to buy a stock at the right price just to ensure he's not overpaying. Obviously you've never studied how he buys stock so you're just spewing complete garbage.

Comment: Re:See mom? (Score 3, Interesting) 113

by WaterDamage (#48015223) Attached to: Mystery Gamer Makes Millions Moving Markets In Japan
Percentage wise he made less than 0.40%!!! The Nikkei stock exchange went up 57% in 2013 in Japan but he only made 0.40% (yes, you see that correctly, less than half of one percent) so no I will not back down from my statement that he is an idiot with ADD. The article does not state how big his trading account is so I had to use the $15 billion total figure for my calculation but nonetheless I'm safely assuming that he must be trading with a few hundred million dollars alone to reach trillions in trading volume.

Comment: See mom? (Score 1, Flamebait) 113

by WaterDamage (#48015003) Attached to: Mystery Gamer Makes Millions Moving Markets In Japan
He sounds like a kid with serious ADD trading stocks just to kill time and pretend that he actually knows what the hell he's doing. The market in Japan is up, only an idiot could lose money in a up year. Let's see how well he does when the big boys cash out of the musical chairs games at lightning speed with their HFT algorithms and leave him and the rest of the Muppets holding the bag.

Comment: Will it get stuck? (Score 5, Funny) 210

by WaterDamage (#43156387) Attached to: High Tech Vending Machines Transform IT Support At Facebook
Great, I guess the keyboard or whatever shitty peripheral will get stuck and then after beating and shaking the vending machine for 10 fucking minutes you'll end-up calling help-desk to complain that you swiped and you never got your item so they'll send out an vending service guy and spend $400/hr to fix the fucking crappy vending machine rather keep a stack of $2 dollar keyboards in a closet next to the receptionist or secretary. Then again It's Facebook, so I guess their developers/admins must jiz a lot all over their keyboards while they porn surf through user profiles of hot bitches.

Comment: Fukushima needs this too (Score 1) 48

by WaterDamage (#39142997) Attached to: Remote-Controlled Planes Used For Wildlife Conservation
This kind of setup would be perfect for the Fukushima nuclear disaster. If the radiation isn't going to interfere with the electronics then this could be used to fly over the reactors that are unapproachable or even view-able by humans due to the extremely high concentrations of radioactivity.

Comment: It's all about the money. (Score 2) 375

by WaterDamage (#39055397) Attached to: Ask Slashdot: Tech Manufacturers With Better Labor Practices?
Money talks, and we're all guilty in this rat race to the bottom for the lowest cost. When robotics and automation get good enough, even Foxconn exploited workers will be out of work. We're in the middle of a transition to full or almost fully robotic manufacturing, give it a few years, no one will have a job expect robot builders and service men to maintain them.

Comment: Why not sue Monsanto in small claims court? (Score 1) 617

by WaterDamage (#39055303) Attached to: 300k Organic Farmers To Sue Monsanto For Seed Patent Claims
I recently read how a California woman successfully sued Honda in small claims court without the need to spend any money on lawyers. Actually, lawyers aren't permitted in small claims court so Organic farmers could sue Monsanto for practically nothing and Monsanto would not be allowed to send in their lawyers to defend them.

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