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    How to trade like a retarded genius - an actual strategy that works

    HUH?? First,the voices in your head say "Who cares where the ES/SPX is going" Followed by "They need to be able to day trade the S&P, options on that intraday direction movement". If you are day trading the SPX(intraday direction movement),then you probably should care where the ES/SPX is...
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    Saylor steps down after Bitcoin losses

    Unless he committed a criminal act or duped people,Saylor is dam close to a genius. Billionaire status puts him in rarified air
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    What is borrowing fees ?

    Thats how I remember it... Theres a small operational charge unless its tough to borrow
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    What is borrowing fees ?

    Not a margin guy,but isn't the short stock rebate simply the credit balance rate minus the fee for borrow?? The fee could be miniscule or it could be enormous for a stock with buy in risk.In that scenario the effective stock rebate is negative and the borrower is not collecting interest,but...
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    What is borrowing fees ?

    Haven't dealt with this in a long time,but your wording is tricky.i don't believe you are paid to short a stock,but rather collect interest on the credit balance from the short minus the borrow fee.I think we are all saying the same thing. It's been a long time since I traded reversal type...
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    A retired stockbroker tells me why most retail investors lose money

    Wait...Wut??? MBpHo is the reincarnation of that bumbling stumbling idiot SPXoptionsTrader???
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    A retired stockbroker tells me why most retail investors lose money

    Ho,you realize with all your bravado,a snapshot of your PnL would go a long way
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    Do you tend to wait for counter trend movements to enter a position?

    Sounds like a Mark Minervini approach to derivatives
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    A retired stockbroker tells me why most retail investors lose money

    Take a pic of your car and post it in the next 5 minutes..
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    A retired stockbroker tells me why most retail investors lose money

    Lol..4k..Now lets hear what the worlds greatest trader made,imaginary or not
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    A retired stockbroker tells me why most retail investors lose money

    Ild be amazed if you broke even
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    A retired stockbroker tells me why most retail investors lose money

    Definetly certifiable.. Let's see what you got...
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    A retired stockbroker tells me why most retail investors lose money

    Nah,you are not an elite,one of the best or even a genius... You simply havent found the right combination of drugs yet deal with your paranoid Schizophrenia
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    Searching for Edge or Improvement

    Yawn.....I have told others exactly what i do.. You on the other hand I would charge for shits and giggles... You did ask nicely,so I will speak in generalities.. A very good year would be apx 50%,with no risk..Never a down day other than marks.. Same exact positions, could deliver 100%,but...
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    Searching for Edge or Improvement

    Dead dead wrong,and I would prove it with my PnL for the right wager.. You are correct that “edges” have literally vaporized over the years..
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    A retired stockbroker tells me why most retail investors lose money

    Trust me,I am not way off.. You don’t understand the geometric effect of losses and how it relates to probability and varying the stop/ profit amounts while keeping the ratio constant… Fwiw,you used a coin flip as an example,and you are still clueless as to compounding returns and the effect...
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    A retired stockbroker tells me why most retail investors lose money

    You are way way off Forget edge,thats a totally different subject as how it relates to position sizing and money management..Dont confuse the 2... In the perfect world,to maximise returns you need both... You are way way off and not understanding what I am saying. Run a quick simulation of...
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    A retired stockbroker tells me why most retail investors lose money

    It's a very interesting exercise to choose a fixed ratio of stop loss to profit target, and plug in different "odds" I.e win rate... Risking 1 to make 3 has vastly different returns than risking 9 to make 27,assuming the same probability and compounding .. I know it's a bit theoretical,but as...
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    A retired stockbroker tells me why most retail investors lose money

    I see,you and I have a different definition of "odds" and hence expected return.I look at odds as the probability of an event occurring..The return vs loss,profit target vs stop has nothing to do with the odds in a theoretical example. I get that in the real world as you change your stop,your...
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    A retired stockbroker tells me why most retail investors lose money

    Not following you..Are you saying,if one plays a games with a 50% chance of winning and making 3 percent when right and only losing 1 percent when wrong ,the game does not have positive expectancy??? And if you flip your risk reward,you have the same expectancy as the risk 1 to make 3? If you...
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