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I don’t think it’s possible with his strategy. Losers are magnitude larger than winners, so a statistically normal loosing streak will get him into large DD, right?

I understand you are joking, but he was right ... got to give him that.

And probably shouldn’t. The reason I look at these strategies is for below reasons: 1) They require very little capital. So if I allocate just 10-20% of my capital (better yet profits) and blow up, I can survive. But if I do it right, the gains are ridiculous. 2) They are un-correlated to the...

Wow, I think this might be the best blogpost on trading I've ever come across. http://krisverma88.blogspot.com/2020/09/day-trading-million-dollar-milestone.html NOTE: I am putting this under psychology on purpose! If you don't believe his trading results, that's not the point. Maybe he is a...

https://www.elitetrader.com/et/threads/iex-d-limit-proposal.349155/

Yep, He got the open-mindedness down already.

Well, it’s also possible that most traders are nerdy introverts and simply lack the charisma necessary to be in the spotlight. New times create new type of traders. Just like Elon Musk is not your typical CEO of the past. Something to consider.

Well, my theory is that when these YouTube guys start, they don’t make enough from trading initially. So they try to have multiple streams of income like books, videos, rooms and it just catches on and turns into something like this: https://www.peakcapitaltrading.com/

That’s because this generation communicates via different medium. May I remind you that both Buffet and Soros do lots of publicity. I was listening to an awesome speech by Schwarzenegger where he detailed his path to success. One of the items was : Werk hard during the day, advertise hard at...

Fame? Connections? Opportunities? Fun?

Wait, what? He was trading with like 300 shares. Are you sure he blew up or he just went off the YouTube?

Attending below webinar right now :) ...

@SimpleMeLike, everyone has their own philosophy and that’s fine with me. Below quote resonates with me, so that’s what I try to do. To me, the advantage of discretionary trading is to be able to recognize an extraordinary opportunity and go for it. Otherwise, I would rather invest in index...

High can turn into Crazy pretty quickly. Are you saying that your algo makes this determination and skips all the trades until volatility stops being Crazy? This determination would be quite subjective whether determined by algo or human.

There are times in the markets where your system/style shines! One must take full advantage of such times to achieve outperformance. For example, momo traders, especially low floats, are killing it this year. I see them increasing risk which is supported by their equity curves.

So you don’t try to press the “good” times? You don’t try to “optimal f” your strategy? You don’t make any adjustments or judgment calls?

If anyone joins chat room to shadow trade, then that is on them. Every chat I attended encourages people to make their own trades, not to follow blindly. The thing I like about Andrew is that he never claims to be a great trader. As I mentioned in the beginning, he is consistently profitable...

Wow, looks like nobody here has bad days! Glad to be in the company of super traders.

Lol, that’s a bit harsh.

I received below e-mail from Andrew Aziz of Bear Bull Traders. For context, the guy is very consistent and rarely has losses (from my observation) Interestingly enough I had a very similar experience on this day and I think Andrew's self-assessment maybe missing something very important. ----...