Search results

I was doing 6 contracts at a time at Schwab before I made the pretend jump to 100 contracts paper trading.

Playing poker against other people isn't random because it depends on the skill level of all players involved. There's more to it than just getting lucky with which cards you are dealt.

What's good? 15%? 20%? 100%?

1. Sure, I'll look into it. 2. I think with the amount of leverage inherent in futures, only day trading is practical. As you saw in my long post, even in my large losses, I was correct with my macroeconomic prediction.

I'm completely open to switching to 100% algo if that's what would be profitable. What ROI do you expect to make each year? I'm a dickhead for defending myself against people that have been insulting me for ages. Strange place.

Why do you morons keep talking about SIM accounts when I've said numerous times that I'm talking about real money?

2007 – This is when I first started studying macroeconomics as a hobby. This may sound irrelevant but it’s really not. I’m actually disappointed how much this type of knowledge seems to be relevant to trading strategies. Unfortunately, due to the amount of leverage involved, it seems only the...

No, it isn't.

Ok. And how do I know these people are qualified to be doing all this critiquing?

It's a place for people to keep money when they lack better options. This is a constant force trying to push it up. Unless something crazy happens like bond prices going very high like we've seen lately. I think it would take an planet-killing asteroid to stop it.

Yes but that's on a small scale. A 401k is long-term, where indices always go up. In the 2300, the S&P may be at 100,000.

Sure.

The more you zoom in, the more random it is. There's nothing random about saying the indices go up over the long-term. There's nothing random about the indices going down when the Fed announces a rate hike. But if you zoom in to tick trading, then it becomes very random.

Absolutely. Stay tuned, it will be a long post. And it was from 2019-July 2022. The success started in August 2022.

One significant thing we should look out for is when negative NFP data starts moving markets down (aka the normal reaction) rather than up because people are just thinking about the Fed interest rates. I don't think it's too far off.

I agree that the unrelated construction stuff is irrelevant. You don't think SIM can be relevant to backtest and test strategies? I do.

I'd consider it. But I've already been real trading from August-December of this year on Schwab. And also since 2019 but with pauses after suffering large losses.

Why would anyone keep that much money in cash? That's absolutely foolish.

I never claimed to make >$1 million per year. I claimed my net worth (primary residence included) is over $1 million. (I know people say to not include your primary residence, but why? It can easily be sold or converted into cash through a HELOC so that makes no sense. Plus, I built it as an...

Ok then forget I said I was a millionaire. Btw, I didn't come out and say that out of nowhere. I replied when someone said I'll never be one lol. It's not hard to not lose money on a home build. I have a very good idea of the construction costs and sales price before I even buy the land and...