2014: The Battle for Survival

koolaid · Oct 3, 2015

0ptions Trader said:
View attachment 157640 The way to test any system is to reduce size, so that if you are wrong you don't lose a lot .. If your system works while testing then you can increase size on a weekly basis. In any case I follow a bunch of traders on Twitter and I have learnt a lot..
Reduce Size and Cut Losses Quick.. You can still make a lot of money trading small. The screenshot below if for 1 week and it is from Swatoptions.com

You can see from their style that they trade very small and so losses are small too and they are consistent..

Stop hijacking his thread to promote some shtty site

0ptions Trader · Oct 4, 2015

koolaid said:
Stop hijacking his thread to promote some shtty site

Lolzzzz...I follow them on twitter along with a bunch of other traders just like I follow Neke. At least I have given him some construction criticism. This is what I have seen that works, I bet you don't make a dime trading. You don't have a winners attitude. Good luck though

koolaid · Oct 4, 2015

0ptions Trader said:
Lolzzzz...I follow them on twitter along with a bunch of other traders just like I follow Neke. At least I have given him some construction criticism. This is what I have seen that works, I bet you don't make a dime trading. You don't have a winners attitude. Good luck though

You could have given your constructive criticism without linking or mentioning the site like many others before you have. Also, why does it matter to you whether I make or lose money? Let me worry about that. I don't get it.

0ptions Trader · Oct 4, 2015

koolaid said:
You could have given your constructive criticism without linking or mentioning the site like many others before you have. Also, why does it matter to you whether I make or lose money? Let me worry about that. I don't get it.

I don't post regularly on this site, we are all here to learn. I learnt a lot from Neke and this is how I got into options, by watching his trades when he used to post more details. You take what you want from the posts and disregard the rest.

JB3 · Oct 12, 2015

Neke,

You just keep doing your thing, and swing for the fences. Sure, you pressed on the accelerator after you had a great month, and it didn't work out as expected. But it is this kind of risk taking that is going to make you jump to the next level.

Alpha Trader · Oct 23, 2015

Risk TAKING takes you down; risk MANAGEMENT takes you up.

neke · Oct 23, 2015

Alpha Trader said:
Risk TAKING takes you down; risk MANAGEMENT takes you up.

Hmmm? How can you manage a risk you didn't take? Was it forced on you?

Alpha Trader · Oct 23, 2015

neke said:
Hmmm? How can you manage a risk you didn't take? Was it forced on you?

@neke what I meant was taking risk by itself, without the management part of it, is a losing proposition.

d08 · Oct 23, 2015

Alpha Trader said:
@neke what I meant was taking risk by itself, without the management part of it, is a losing proposition.

So you're talking about buy and hold, or what?

Alpha Trader · Oct 24, 2015

d08 said:
So you're talking about buy and hold, or what?

@d08 managing risk is a paramount feature that pertains to all time frames.