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User: WaterDamage

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Comments · 96

  1. LAPD Chopper parody to Host Chopper on LAPD Police Claim Helicopters Stop Crimes Before They Happen · · Score: 1

    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-...

  2. Re:See mom? on Mystery Gamer Makes Millions Moving Markets In Japan · · Score: 1

    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%!

  3. Re:See mom? on Mystery Gamer Makes Millions Moving Markets In Japan · · Score: 1

    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.

  4. Re:See mom? on Mystery Gamer Makes Millions Moving Markets In Japan · · Score: 1

    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%!

  5. Re:A direct quote from Warren Buffett on Mystery Gamer Makes Millions Moving Markets In Japan · · Score: 1

    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.

  6. Re:See mom? on Mystery Gamer Makes Millions Moving Markets In Japan · · Score: 3, Interesting

    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.

  7. See mom? on Mystery Gamer Makes Millions Moving Markets In Japan · · Score: 1, Flamebait

    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.

  8. It doesn't take a genius on Mystery Gamer Makes Millions Moving Markets In Japan · · Score: 1

    Exactly, it's likely he would have done better just from staying long rather than trading. Lets just see how well he does in a down year.

  9. Will it get stuck? on High Tech Vending Machines Transform IT Support At Facebook · · Score: 5, Funny

    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.

  10. Fukushima needs this too on Remote-Controlled Planes Used For Wildlife Conservation · · Score: 1

    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.

  11. Re:Pigeons on Remote-Controlled Planes Used For Wildlife Conservation · · Score: -1, Offtopic

    I Soviet RUSSIA, pigeons hunt you!

  12. Re:No such thing as ethical corporations on Ask Slashdot: Tech Manufacturers With Better Labor Practices? · · Score: 1

    Not true, there are quite a few very good corporations that treat and pay their employees very well. We just tend to concentrate on the bad news. One prime example of the top of my head is Google.

  13. It's all about the money. on Ask Slashdot: Tech Manufacturers With Better Labor Practices? · · Score: 2

    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.

  14. Why not sue Monsanto in small claims court? on 300k Organic Farmers To Sue Monsanto For Seed Patent Claims · · Score: 1

    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.

  15. The 100k was a ripoff on 17-Year-Old Wins $100K For Creating Cancer Killing Nanoparticle · · Score: 1, Offtopic

    The big pharma company(ies) will make billions from her discovery wile giving her a mere $100k! If I were her, I would have demanded indefinite royalties or 100 million dollars.

  16. Re:If it's better, switch on VMware, a Falling Giant? · · Score: 1

    If you weren't aware that MS does give away free licensing as well as preferential licensing costs with Hyper-V then you must have been working in the basement since 2008! Here's proof: http://www.virtualizationpractice.com/blog/?p=3782

  17. How is this news? on OpenBSD 5.0 Unleashed On the World · · Score: -1, Troll

    Why is this news on the main page? Ubuntu 11.10 is out too and Windows 8 will be out soon! In other news, Kim Kardashian got divorced after 72 days! Who gives a Beep!

  18. DOA on RIM PlayBook Email App Nowhere In Sight · · Score: 1

    RIM??? They still wasting revenue chasing their proprietary pipe dream? I have 3 letters for them: D.O.A.

  19. Re:What about languages? on Your Tech Skills Have a Two Year Half-Life · · Score: 1

    Possibly, but it depends on what you're coding. If you're a developer creating low level code like drivers then C and even assembly are your only real choices but if you're an app developer you must follow the latest trends and move to the best language that supports the codebase.

  20. Re:Depends... on Your Tech Skills Have a Two Year Half-Life · · Score: -1

    .NET will be on a decline as Microsoft loves to gut programming languages every few years. Just look at how many programming languages MS has had in the past and look at their life-cycles.

  21. Totally incorrect... on Your Tech Skills Have a Two Year Half-Life · · Score: 1

    I can play pong just as well as I did in 1984! I took my Atari 2600 out of the basement, fired it up and hit an all time high score again. Time to hit the Wall Street Occupy protest to complain about evil CIOs and how their greed is destroying my reputation as a highly qualified gamer from the past.

  22. Re:Stop paying by the hour on The Real Job Threat · · Score: 1

    Well, you've answered your own question. Low productivity = low hourly rate (ie minimum wage or lower)...High productivity = high hourly rate. Same difference a far as I'm concerned so it makes no difference as to whether you get paid hourly or on a project basis. No matter how you slice the big picture it equates to the same results.

  23. Not so fast.... on The Real Job Threat · · Score: 1

    While possibly true that the human race may live like the Jetsons one day...the biggest issue today and for the next foreseeable decade or more is still outsourcing and loss of employment to cheaper countries. Once true globalization equalizes itself then and only then will innovation/technology truly start outsourcing jobs from humans. Again this will probably never happen in our lifetime or gen Y generations lifetime. I'm more worried about getting outsourced by big corporations due to H1B Indians taking my job than Mr Robato.

  24. Re:Not a troll but.... on Ask Slashdot: GNU/Linux Laptops? · · Score: 1

    It's not an issue, it's the advanced sleep wake features that you have not disabled. I used to run into this problem with my laptop that has a TV tuner card and Windows Media center with a being the culprit. Unbeknownst to me, it had a built in timer to download a TV program guide every night at 3AM which woke the system up from sleep. It's rooted very deep in the sleep/wake settings of the OS. You should look into what kept waking your system by following the troubleshooting steps in: http://www.cravingtech.com/fix-windows-vista7-sleep-mode-from-waking-up-by-itself.html

  25. Re:Why? on Help Me Get My Math Back? · · Score: 1

    hahaha, what a bunch of BS! Apparently, you've never been a contractor/consultant long term in IT. Trust me, as a contractor or consultant you're shown the door quite often and the supposed big money you've made all dries up in bills and expenses while you seek another spot as you're between gigs. I've been there for many years after the .com explosion in 2002 and trust me it was no picknick. You'll be no better off than a migrant farmer in that field right now. When the economy is humming along then you can play that musical chairs game but now isn't the right time.