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Qtrly Period Update 04/01/2024 - 06/30/2024 Another quarter building on top of the foundation laid. Once again not seeking any spectacular trade, but taking each opportunity as it shows up. Opening Balance: 132,800 Net gain for period 54,524 (Up 41%)...

If that was a stock chart, we would call it a bubble. There is nothing wrong with bubbles being busted / corrected.

:thumbsup::D They have to pretend to know the reason for every market move.

Qtrly Period Update 1/1/2024 - 03/31/2024 Positive start to the year. Grinding it out day by day, week by week Opening Balance: 103,422 Net gain for period 29,378 (Up 28%) ------------------------------------------------ Net Balance...

11:27 EST: now at 35.00 Hmm

Who knew we would have another dot com like bubble so soon:

Stocks and Stock options (weeklies). Strategies diverse. Going mostly automated. Much of the big down days have been going big on options - trying to stem a losing trade. I have been much better this year avoiding that.

Thanks @HobbyTrading wishing you the same

Information Tech.

Long Period Update 10/1/2022 - 12/31/2023 Another swift implosion well below the poverty line, and an all-year effort to get above it. Explains what happened since the last update on 9/30/2022. Just was not able to keep the gains and suffered another blow in Nov last year. Thereafter, with a...

And that illustrates it. You started with $10,000 on 2 cars. Then back to 1 car because of a -1% market move. if the market now goes in your favour +1%, you account is at $8,000, way below your starting of 10,000 - even when somebody with no leverage would be basically flat. That is the huddle I...

My definition of favourable market conditions means the wind in your sail. You went long, and the market rallied - not because you called it, but the market was going to rally anyway. That magnifies your 'rightness'. As for the problem with leverage. Here is a simple fact: most people...

I suppose the horizontal axis are trading days. That basically means in the first chart - you made 50% of your starting capital in 14 days. I would want to know first how much of the gains is due to a sustainable edge/skill, and how much is due to 'favourable market conditions'. The reality is...

Ended the year terribly. Below 100K, but working my way back. Will resume posting when its back above that line.

Thanks for the honesty. You sure gave it a try. Will certainly be useful to have a regular job, and working your strategies by the side.

Just stumbled upon this...Haha... Not quite correct. Yes back below 100K after withdrawing probably 500K over the years. It has not been great over the past years, and still below 100K, but I am still in the game (and having my full time job!). Will make an update once I get above 100K... still...

Getting more mechanical by the day, as I code more and more of the strategies - but not there yet. After each shellacking, I kind of get down to lower risk, but inevitably start risking more as returns get positive. I am trying hard to avoid that trap.

Chart

Long Period Update 07/05/2021 - 09/31/2022 ---------- Well, this is not a quarter, or even a year. However, having gone down deep below the poverty line and coming back above, now is the time to make an update. As stated then the losses continued after the update for the period ended 7/5/2021...