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
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When someone is such an idiot that you really need duct tape to keep your head from exploding while you listen to them.
I was having a serious duct tape moment while that whiny guy with no kids was telling me how to parent mine.
by MsOwlWoman April 16, 2012
Get the duct tape moment mug.Describes someone who does something morally wrong to you and then when you get angry and confront them about it, They blame you for being angry. This can snowball many times over resulting in a double screw tape and even a triple screw tape.
That bitch pulled a screw tape on me when she called me abusive just because I stuck up for myself and refused to put up with HER abuse.
by Trixy Tee July 29, 2018
Get the screw tape 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
Get the indian trade mug.a sentence once heard by the great queen Abeeha who can now not stop saying it and has claimed it as her own
by 2kool4skool123 May 30, 2020
Get the flex tape can't fix that mug.when a girl with no personality attempts to wear as little clothing as possible to appear more attractive- even though every respectable man knows that a woman’s mind is most important.
Gary: “Well why don’t you date Maggie?”
Steve: “Are you kidding me? She’s constantly wearing duct tape over her nipples. I don’t think she even reads.”
Steve: “Are you kidding me? She’s constantly wearing duct tape over her nipples. I don’t think she even reads.”
by sidneysidneysidney June 21, 2021
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