Recent content by xif99

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    How do I create more OEC practice accounts?

    I had a demo account there but it expired. I tried to create another one with a new email address and it said "you already have an account with us." Um... So I deleted all the OEC cookies and tried again with a 3rd email address. Same problem. I tried using the proxy hidemyass and...
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    Why not just average down UPRO all the way to zero?

    See if you can figure it out and I'll be back in this thread tomorrow. It's past my bedtime.
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    Why not just average down UPRO all the way to zero?

    Of course. Assume $10 per trade (higher than some brokers like Scottrade).
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    Why not just average down UPRO all the way to zero?

    It's not about number of shares, it's about dollar amount. You could conceivably do this with UPRO right now with less than a $20,000 account. I just did the math. You have to adjust the entries a bit, tho. Every $10 doesn't work.
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    Why not just average down UPRO all the way to zero?

    Martingale is specifically doubling your position after a loss in a bet with 50/50 odds. But in trading, it refers to doubling your position after a specific number of points against you. Anyway, your YM example was in fact martingaling, but that was the only thing it had in common with what...
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    Why not just average down UPRO all the way to zero?

    What do you mean "get your short called in"? Who said anything about shorting anything? What on earth are you talking about? I mean, yes, you're describing martingaling, but that's the only thing your example has in common with what I was talking about. But I guess if you have big...
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    Why not just average down UPRO all the way to zero?

    ok let me clarify. at the end of a closed out position there may be SOME shares within that trade that were sold at a loss, but overall the trade was a winner as a whole, which is why i said no losers. thats up to the trader. structure your positions such that you put on your last and final...
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    Why not just average down UPRO all the way to zero?

    I feel like you didn't read my entire post. There will be no losers, much less a "string of losers", because you structure your position sizing so that you don't run out of money until UPRO hits 0. So every trade will eventually win. It's different from people who arbitrarily martingale...
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    Why not just average down UPRO all the way to zero?

    3x S&P, it moves fast. Just martingale into it as it goes down, but plan things so that you never use up all you money like idiots who martingale in Forex do. Adjust your TP after each entry, leave a % as a runner in case you catch the beginning of a trend, you wouldnt want to close your...
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    Can options be used to hedge against martingale risk?

    Um, they lose because of a big market move. Market trends heavily against you and you keep adding to it. Eventually your account is blown. OH, were you referring to each separate position as being larger than the one before? I was referring to pyramiding in a martingale manner to a...
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    Can options be used to hedge against martingale risk?

    Martingale rules, high win rate, etc. etc., until that one day when you take a catastrophic loss. Can options be used to hedge against this risk? So it's like "oh no, I hit the maximum allowable loss, I just lost [huge percentage] of my account. But it's ok because it was offset by these...
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    What would you do if your account was in this situation?

    Holy crap! So what you should do if expecting a bull market return is short the 2x inverse ETFs. do they have positive expectancy over time? :D :eek:
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