He brought it up in this thread..Appeared to have shifted to long vol type trades,backed off of fly type structures
dest's vol-arb and modeling journal
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I too was looking for a post of his from earlier where I thought he said that he couldn't handle the 200k swings. I can't find it anymore though.
What struck me last night while falling asleep was to once again further back my claim up that only showing positive PnL’s is the exact opposite of transparent. Now to actually read that some positions would be heavily down, it means that some of course would have resulted in a large loss.
What bothers me is that for a guy who is clearly trading at a very high level and also wants to help, why he wouldn’t show the reality of the distribution of PnL’s I don’t know. By only showing a 2% or higher PnL, he is literally no better than a YouTube trading guru selling a course. If all he ever does is show his wins, that is utter bullshit.
You don't even realize you're the victim of a psyop.
I knew from the outset that Baron would not relinquish mod-control of the thread. lol ask yourself if you really, truly believe that I give a rat's fck about the poll. My motivation was to get baron to publicly address the problem due to the whatever influence I have. He did. That was the goal; not actually achieving superuser on my thread. So I can spend valuable time during the trading day deleted posts from you r3tards about what the difference is between a put and a call (shares)?
I had no intention of offering up a game-changing persistent edge here. Even giving up the terminal stress lacking the trade-legs would be acting extremely contrary to self-interest.
Show me how this pic was photoshopped in the 90 seconds it took for me to take the pic on my phone and post it here. My PNL from 2019 or today isn't the point. You want to fixate on that but I can clearly state that nobody has posted a day like this outside of OPM and it's not even my biggest day in 2019.
https://www.elitetrader.com/et/threads/dests-everything-journal.332136/page-11#post-4859112
I'm sure you are familiar with @Dustin , correct? I interacted with him on a few occasions in the past year or two and would you believe that his trading is pretty much all based on price action? He showed incredible gains, used 0DTE options for leverage, and essentially just followed the market.
If you believe that his results are real, and no reason not to, and he is one of the OG posters here, then can you truly say that what Dustin is doing is bullshit?
Yup,I think that was the post..interesting from the perspective that it appeared to be a change in his orientation..
Here's the thing..I don't care what Des PnL is..Im looking for ideas,hints,food for thought...im not even 100 percent sure what " local vol" is
But it was enough of a hint for me to follow up and backtest on Orats
Here's the thing..I don't care what Des PnL is..Im looking for ideas,hints,food for thought...im not even 100 percent sure what " local vol" is
But it was enough of a hint for me to follow up and backtest on Orats
I honestly think the victim is you. I can't count how many times you say you will leave and yet, you're always back, and you always start another thread. If you wanted to only talk real trading, you would do it in your discord. But you have a hunger to be here. You enjoy the trolls. You love picking fights. If Baron cleaned up your threads and got rid of all the trolls, you'd be miserable.
I'm sure in real life you're an excellent guy and treat everyone with respect. But a small part of you needs to be a prick. ET is the only place where you can do this. You need to get it out. We are helping you fulfill this part of you. We are the hooker you hire to degrade so that you can go home to your wife and family stress free.
You're right. That's not remotely fallacious. LF is a serial loser who trades one lot micros on double top formations -> Dustin successfully trade price-action -> double tops are legitimate.
You may be f*cking r3tarded. And yes, I've known Dustin was legit long before you lubed up here.
But see, this is the thing. The edge really is in the PnL if you ask me. I just mentioned Dustin up above. Incredible trader and regularly has 100k days. But if you see his positions, like he so kindly showed, you see that half of the trades are losers. Then when you see a homerun trade, you see it has multiple entries and exits. How it all comes together isn't looking for the perfect trade. Its putting on many trades and waiting for the homerun.Yup,I think that was the post..interesting from the perspective that it appeared to be a change in his orientation..
Here's the thing..I don't care what Des PnL is..Im looking for ideas,hints,food for thought...im not even 100 percent sure what " local vol" is
But it was enough of a hint for me to follow up and backtest on Orats
We all think dest is some kind of trading god, but if half of his trades are losers, then where is the edge?
Ps. I read a book by TraderTom which showed me exactly what I was looking for with regards to trading and fear. It has been such an eye opener.
And this is where you are wrong. He trades a full ES contract, and sometimes 2 or 3. I have no money to bet, but I've seen enough of his work and talked with him enough to know the struggle is real, and his results in the past few weeks are real as well. If you feel so confident, bet him $1k that he is trading the full ES contract and that the results he posted this week are real.
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