Yes, I've analyzed this stuff (days of week) extensively.
And for the strategy/model I am using, Tuesdays are clearly not profitable (on average).
I can understand that for others strategy/model, there are no differences.
I've never seen a 7 foot Chinese guy, so it doesn't exist.
I've never found any edge doing this or that, so it doesn't exist.
It's not because you haven't found something, that it doesn't exist.
Some make money using TA, some others say it's useless.
Some make money using Elliot waves, some...
A 5 minutes read.
https://www.linkedin.com/pulse/celebrating-50th-anniversary-john-neary%3FtrackingId=acX%252FIeEG%252B%252BnwvfJiuPB9%252BA%253D%253D/?trackingId=acX%2FIeEG%2B%2BnwvfJiuPB9%2BA%3D%3D
Like @schizo said, if you are profitable, overtrading might not be a problem.
Chances are, you're not, and overtrading just make you lose more.
There is not silver bullet.
1) Have a plan.
2) Stick to it.
3) Rinse and repeat.
I've seen block trades of that size. It's not that uncommon.
But for a retail trader? No way Jose.
A big quantitative trading firm used to trade Complex Orders of that size using a specific schema when the underlying was going ex-div. The ratio of profit vs number of traded option contract was...
It's not because we are not able to make money out of it that it should be considered as a common trading mistake.
Usually, traders make money when prices are moving.
How come so many 'profitable' traders here trade so small position?
Do they spend all theirs small profits as soon as they close a profitable position?
I mean, if you make money, at one point, your position will increase!
Seems that it's not the case as many trade a couple of micros at a...
Depends on the local rules.
Where I live, seller agents cannot disclose other offer prices. It's simply against the law.
They just gather all the offers (prices and conditions) and guide the seller.
In your case, you made an offer blindly in the same condition as for others who were also blind...
Yes, you are right about the test data. I didn't pay attention to the period that was used in the paper.
I just retested it using Jan 1rst 2023 to April 17th 2023 data and here are the results:
Total: -129 pts
Jan: -118 pts
Feb: -110 pts
Mar: 89 pts
Apr: 10 pts
Max DD: 258 pts
It's not getting...
I also tested it with ES, from October 1rst 2020 to December 30th 2022 (27 months). Using the exact same parameters as defined in this paper and using reliable tick data.
Results:
Average of 45 pts/month
Max DD: 291 pts (from 2022-04-25 to 2022-05-12), time to recover: 2.5 months
Best month...
She has 50M views on her channel (since end of 2018).
So that comes out to about 250k$ in total since then.
That's not counting her 1870$/year service subscription.
So, no, she doesn't need to trade in order to make a living.