sp500 is not in a trend for you then.
fair enough, 100 people 100 definitions of a trend.
too many people playing this game, mate.
that is why betting on trend reversals pays so well. Wont be forever, i guess but this is what pays $ today.
if current SP500 is not a good trend, what it is ?!?!!?
clearly, they are not trend following.
probably some sort of statistical arbitrage of all sorts of patterns which is very volatile stuff and has no edge.
:cool:
Thier formula for head and shoulder worked 73% of time on all stocks in last 20 years. Here you go, 73% winning strategy.
Another funny is 3 day reversal pattern. You can trade this with couple of contracts and not 1b+ funds.
Or add some AI stuff over another AI stuff over...
i have made this year 700% in my account.
however, i only keep enough money to lose 1 trade in account.
then i get client funds.
i make cash rate return in next 12 years and i have made 22% over 13 years.
:D
i would agree with you until recently. One of these guys tried to convince me that borrowing 1M and investing in property makes you richer for 2M !! So borrow, whatever you can get and you (with other alike) become too big to fail. same they did and proven right during gfc.
could be true but...
well I am kind like somwewhere there too. however I decided to go for less frequency and scalability especially once i experienced health issues shortterm trading FX. I also like high % win.
I have no problem with large swing position as my odds are well tested over years.
I also keep my...
everyone different. one should not leave good job for daytrading. It is harder work and unsecure pay. And health issues. Office at home fantasy gets worn out.
hope you not pressing 2 ?!? if yes then average return must be at least 5% from statistics. If so, you have made 33x original.
Have you ???
i guess not as you cant compound :eek:
waste of time. better work as a programmer. you get paid better.