Search results

How could you have 240,000 lines of code? What language is your program written in?

I think he's a phony. I remember a guy, can't think of his name, who had John trade his 300K account. He gave up after John traded it down to about 20K.

What do you trade?

I've never seen that before, but looks like it wasn't a major error, the statement had it correctly.

Yeah, that's true. Anything FOMC I like to avoid, but you're right. I mixed up my dates. I think I need more coffee.

ES. It's usually chop until the annoucement and then an explosion. I wait until after the announcement.

Anyone else sit these days out?

Over time, it goes only one direction, down. The cost of the options and futures to earn a three times rate is not free. If you read the article and understand it, it says exactly what I said, they end up at zero.

Have you ever traded for real? https://www.investopedia.com/articles/financial-advisors/082515/why-leveraged-etfs-are-not-longterm-bet.asp

Come on. How can you not know this?

Ah, so you don't know. They do all end up at zero eventually. Do some research, you'll find I'm right. The charts won't show you that, because they do reverse splits after a while, and the charts smooth that out. I find it amazing that you are unaware of this.

Agreed. There are a lot of trolls here. But there are also a lot of BSers who come on here to try and sell a system or get a membership fee too. I just wanted to know how he traded, I'm genuinely interested.

That's what I was asking, do you understand that over time all 3 times ETFs end up at zero? I didn't mean on one day, but over time.

But I also don't see how 80% win rate would turn a profit. It would require greater than 90%. The flip flop between 1 tick target but oh maybe sometimes I'll hold for 2 to 3, shows me that the whole 1 tick thing didn't work out and now he's changing things around a bit. I'm trying to give him...

Seriously, I'm not bashing, I'm just asking what you do and you really don't make sense. First you target one tick, now you're saying sometimes 2 to 3 ticks?

Well, I think you know what to do. Why don't you try interactivebrokers.com .

Again, I only said I suspect. I didn't say I think it's true, it's just a sneaking suspicion I have. I would reckon it cost AMP around 350 dollars for every new account that is set up. They may turn a profit after around 200 round trips. I just don't see many 500 dollar accounts generating...

Yeah, let's see. But in the mean time, let's take 10 trades, 8 winners and 2 losers. That's 84 won, and 104 lost.

By the way, I'm not trying to bash you, I was just curious. I don't see the wisdom of trading one tick, but again, I'm not saying it's impossible or trying to bash you. If you trade it and make money, then you're doing great. I'm just asking to try to get some clarification. Now, you it can't...

You don't have to get so passionate. I clearly said I only suspect they do it sometimes. Do you really think they're making the bank on 500 dollar accounts?