Search results

  1. J

    BIG SHORTS- Let's share our top strategies to Capitalize Big on a Market Correction!

    You got to pick the direction correct, otherwise you can lose big with the 3X thing. It is a double edged sword, just like you can use 50X leverage in Forex. Essentially 3X is just enhancing your leverage, in this sense, option can have the similar effect but probably less risky if just buy call...
  2. J

    Any advice for a soon to be full-time trader?

    It all makes sense now, your paper trades and and hypothetical profits and the system. Good luck.
  3. J

    Any advice for a soon to be full-time trader?

    You mention you have an account 20K but don't plan to use it, instead of using TopStepTrader, Your real profits are about $43000 from Sept to Nov (19K+26K+8K), so that profit of about 43K is on the TopStepTrader account or from your 20K own account? Just curious. By the way, your system is...
  4. J

    The Road to Consistency

    Wow, that is super size! I trade only 3-10 lots on SPY, QQQ, NVDA AAPL ADSK SPLK ABDE or something like that, but most of these stocks move fast back and forth, so probably not fit for super size, as you can win big but also can lose big too. I think it is always better to trade something that...
  5. J

    The Road to Consistency

    You must have a very large lot of GLD option, as its price doesn't change that much (only 1-2 points) in the last week. Why don't you swing options on some of the stock that swing much larger? Do you feel safe to trade something you follow more closely?
  6. J

    The Road to Consistency

    Every week you got a decent pay check, way to go! That is certainly CONSISTENCY. And you trade multiple instruments , Future index, stock, options, all wining over them, that shows you have winning systems that performed in a consistent way too!
  7. J

    The Road to Consistency

    5 lots would be ~$2500 and 10 lots $5000, your daily target! Then you don't even need to trade anything else, if you can keep at it and make it consistent like this.
  8. J

    How much did it take to become more or less consistent for you?

    1 to 5 years is probably an understatement to reach consistency, even some people could possibly do that, but to achieve true consistency, it probably takes much longer, from what I read at ET, around 10 years would be a norm, though again there is no guarantee even if you are smart and working...
  9. J

    The Road to Consistency

    I have some stocks like BRKB, VIG, SPLV in my IRA for long term investment, but for short term daily trading your hunter analogy is a good one. Happy Thanksgiving to you and your family too!
  10. J

    The Road to Consistency

    I have a basket of stocks about 30 or so that are large cap (10B) with heavy daily volume, and I would did analysis with some TA criteria in the evening or weekend and have a list of candidates (8-10, max 20 for example) for next day session; I also use scanner (finviz) to look for new...
  11. J

    The Road to Consistency

    Glad to see you banking good coins day after day! Now I figure out that you like to play those highly volatile low price stocks with a large size. The other day you mention you played with a size of 5K or more, I tried to figure out what kinds of stocks you were playing, then you mentioned ACB...
  12. J

    How much did it take to become more or less consistent for you?

    Yes. I think you just described another criteria of consistency. People would say, this trader reach the stage of making profits consistently, or in another case, this system produces wining trades consistently, or like you said above the pattern you discovered worked consistently. As a...
  13. J

    How much did it take to become more or less consistent for you?

    I think you are consistent in winning based on what I read, what I described is a very simple way/one aspect to define consistency and it is realistic as people achieved that, but not necessary the only way to define it. If you heard about Goldman Sachs' performance, they in general only have a...
  14. J

    How much did it take to become more or less consistent for you?

    Consistency in basic terms would be profitable every week, or every month or so; One of the experienced guys who designed many custom indicators and systems said he could guarantee a paycheck every week, and some one at ET here (she stopped posting for many years now) said she could almost be...
  15. J

    Trader Required

    For anyone that has the ability to trade this kind of money and make consistent profits, there are two major scenarios: either they work for hedge fund and have a handsome salary, or they already made ton of money if they trade for themselves, either way, nobody in this category needs to seek...
  16. J

    ES Journal - 2019/2020

    Great call (on Nov 1st) and 122 point gain, that is awesome! Glad you switched camp, think about that if you stayed on the short side this couple of weeks..
  17. J

    The S&P 500 topped at 3017.8

    You think your chart is still accurate? There are still two months to go for the rest of the year, but your upper number is already breached. Just curious.
  18. J

    Any advice for a soon to be full-time trader?

    Congratulations! Tomorrow is your first day to pursue freedom in many aspects.
  19. J

    The S&P 500 topped at 3017.8

    Normally when people do that is when they lose because of their mis-judgement and they need to come up with different excuses to justify their mistakes of either innocence or ignorance; it is much easier to come up with these common excuses and blame on something else, than to come up with more...
  20. J

    Using Smartphone as a hotspot for my laptop

    For Verizon unlimited, you can use your phone as hotspot anytime without additional charge. There is a 15GB (?) cap for 4G speed per month, and it is reduced to 2G after the cap, but unlimited data.
Back
Top