by asoingbob May 28, 2021
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A calculated bet or series of bets with price determination and risk/reward fully contingent upon Event X occurring. It successfully occurs, but all positions remain in the red.
It is commonly witnessed when listening to a friend's dad talking about his investment rationale for making certain risky trades. His reasoning is always foolproof but the results are inevitably unfavorable.
It is commonly witnessed when listening to a friend's dad talking about his investment rationale for making certain risky trades. His reasoning is always foolproof but the results are inevitably unfavorable.
A preventable Dad Trade in the making
Industry professional: Mr. Chen, I strongly urge you to hedge against your positions in Brazilian ethanol companies with some short currency futures and some put options on the underlying stock.
Mr. Chen: Don't presume to teach me about equities sonny; I have more years of investment experience than you have in years lived. If Obama gets elected, he will subsidize corn, and ethanol production profitability will skyrocket.
Industry professional: Mr. Chen, I strongly urge you to hedge against your positions in Brazilian ethanol companies with some short currency futures and some put options on the underlying stock.
Mr. Chen: Don't presume to teach me about equities sonny; I have more years of investment experience than you have in years lived. If Obama gets elected, he will subsidize corn, and ethanol production profitability will skyrocket.
by pitbear August 13, 2010
Get the Dad Trade mug.I was in the laundry mat and this guy came in who was musky and Persian and smelled like used change, he was what we call a Mr.Toad
by Toxicpowder January 25, 2020
Get the Mr.Toad mug.When someone makes an unfair deal or trade.
Comes from the history of Europe becoming wealthy from colonies in the Americas while the natives didn't prosper the same through the trade.
Comes from the history of Europe becoming wealthy from colonies in the Americas while the natives didn't prosper the same through the trade.
"I'll give you three chocolate bars for five dollars."
"What kind of Indian trade are you running on me?"
"What kind of Indian trade are you running on me?"
by Howard P. Cheerio May 12, 2020
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