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@Aquarians I have an idea for you. Could you build a model that specifically hedges against the S&P 500 by using far out of the money puts. The hedging strategy is described here: https://www.elitetrader.com/et/threads/fully-automated-trading-journal-50k-per-month-goal.354365/ The problem I...

You nailed it. Rioting in the street and burning down private businesses is acceptable. They committed the mortal sin of coming for those in power.

How far back in time does this backtest go?

Man...you are grasping. No sane person thinks Pence could have done anything other than what he did.

Trump is toast. Wouldn't be surprised to see his approval dip into the teens.

I do both. Investing first then trading.

ES does not trend quite as much as NQ which translates into mean reversion strategies performing better with ES.

I don't disagree (a different level) as eluded to in my original post.

Reread my post. The MAGA supporters who stormed the capital are no better than ANTIFA and Trump and his underlings bear responsibility.

In other news, ANTIFA groups are huddling, wondering how the hell MAGA supporters did what they never could have pulled off...storming the capital and GAINING ENTRY. The twitter posts showing MAGA supporters roaming the capital have them especially upset. One ANTIFA member is quoted saying...

Buy some CLR (Continental Resources) for an oil play. It has explosive moves and easily could see $30 in the next few months.

Even having profitable strategies far from guarantees you will be able to attract capital.

Your description of how you are hedging with OTM puts is very useful information. This journal is definitely adding value!!

Get ready gents...about time to make some easy nightly profits.

Thanks for sharing that! I am going to research implementing something similar. I am trading a collection of mean reversion ES strategies which could benefit from this and I could easily spare 10% of account value each year and come out ahead.

@frostengine, could you give an overview of how you structure your OTM hedge?

He is trading this strategy within the context of a 735k account, so a 50k return would be 6.8%. But that is not really accurate, because you would have to factor the cost of the puts mentioned earlier.

Should be interesting....good luck!

I do all three. The bulk of my money is in retirement accounts where I dollar cost average into low cost index funds. I also buy individual stocks there...may hold for a few months to a few years. My trading account is used for swing/day trading. With this approach, I could blowup my trading...

In other news. TIME Names Karen Person Of The Year May 27th, 2020 NEW YORK, NY—Time's Person of the Year issue has highlighted some of the world's most influential, important, and controversial figures for almost 100 years. After weeks of intense internal deliberation, Time Magazine has...