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  1. danielc1

    Pyramid structure in daily trading

    Not always. You really need to understand your own trading. If you get a signal, is it a valid signal according your system? If so, what are the outliners of your monte carlo distribution or what is the outcome outliners of the trades you have been taking in the past? Is it normal to see a...
  2. danielc1

    Bullish at a Time of Extreme Panic (Larry Williams)

    The market making a V is also what my gut is saying, just like a flash crash but spread out over weeks. Even if it is for just kissing the top good by and go down again.
  3. danielc1

    Pyramid structure in daily trading

    The example you give is the way to go bust. If you do this, you will get out most of the time with a profit. But the day that it goes wrong and it will go wrong, you will lose all the profits you make and much more. A pyramid structure is adding to a winning trade.
  4. danielc1

    for newbies: when should you quit trading?

    Never. Unless you want to do something else then do something else. If you lose money, go back to the drawing board or seek a mentor.
  5. danielc1

    My account wiped out. Any recourse?

    I do not think leaving naked puts unattend is the major problem, here. You just had positions with a kind of blackswan event in oil future. And it was gap over a weekend. What you may due is contact your broker and try to bust the trades of this event, but I think your positions are to low to...
  6. danielc1

    IB's Buying Power vs Excess Liquidity

    The answer on the question is not complete. There are also other factors that comes in to play for auto liquidation. Such as the instruments where you are invested in, volatility, and wich kind of margin you are using. T or Portfolio for example.
  7. danielc1

    Spooz -20%.. how have you managed your risk?

    I was waiting for this kind of enviroment to test some portfolio volatility. This is as close as Dalio does it, I believe. It is interesting to see that the return is still positive without intervene from my side.
  8. danielc1

    Don't traders protect our financial market by report the illegally manipulating Tesla/Google to ?

    I would leave this on the forum as an example how people can think that the market is after them (or other people) and in no way take responsability of their own actions.
  9. danielc1

    Your statistics.

    You drive the risk right up to 3% ($50) of the account ($1500) in your example. I think you see it from a acedemic standpoint that you could survive this but in reality there are not many people that will do well with 50% drawdown possibility. You must be able to function to your best...
  10. danielc1

    Gold Futures dropped almost 3% since Feb. 24, 2020

    This more common since the last ten years. All assets move almost correlated. It is now more a risk on or risk off environment then an asset allocation environment.
  11. danielc1

    How much to withdraw ?

    I like to think my trading income is something that provide my lifestyle. I have a simple rule: Every week I withdraw all profits made that week. I reinvested 20% of it in some longer time frames to grow the nest egg and to never touch again. 80% is desposible. It
  12. danielc1

    Help with building a hedged value dividend portfolio

    Is your tax transfer limited in time?
  13. danielc1

    Frenzied Traders Send Option Volumes To All Time High; Go All-In Tesla, Tech Calls

    I believed it was Paul Tudor Jones that started the classes he teach with a drawing. It was an uptrend that was way up. Then he asked everyone what they are going to do: buy or sell? The he said: If you choose not buying you will have a very hard time making money in the markets.
  14. danielc1

    Just want to vent about a trade

    OP did nothing wrong. This is a classic example of even if you follow your trading rules, you will have losses due to what ever it causes. The trap you now enter is that you want to adjust your system to have this trade work. But next time it will be something else that cause the loss. If you...
  15. danielc1

    Debt jumps to 12 year high!!! Dumb consumers just keep consuming !!

    You need a catalyst that the people will buy in to. In history it was war, hyperinflation or a new standard for existing money.
  16. danielc1

    Debt jumps to 12 year high!!! Dumb consumers just keep consuming !!

    Money = debt, so if there is more money there is more debt. Some day they are going to reset, to start all over again.
  17. danielc1

    Scale onto trade or not?

    For me it depends on the time horizon of the original trade and an low risk setup for the next scale in. In futures I use the margin requirements to scale further in with the winnings of the early positions.
  18. danielc1

    Deutschland RLP, Futures Trader ?

    German and English are the same. The only diffirence is that the letters are in another order.
  19. danielc1

    After how many losses do you decide you are not following your system?

    The number of losses in a row during real trading is not a good parameter to decide if you are going to stop following your system. You should have other parameters to tell you that it is time to stop trading your system. The statement of the OP to stop following his system after X losses, is...
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