Down to about $90k, where would you park it if your trading skills were trash?

[destriero]

Then you path forward is simple:

Find. An. Edge.

Many edges have been posted here on ET. You just have to pay attention.

Someone posted a method and edge last Nov 11th. Would earn you at least 2% a day, trading a fifth of your account size (but probably not scalable, so you couldn't compound past low double digit millions). Little risk.

No one was paying attention though, post got no replies, no likes.

It's only an 8 Sharpe.

 

[destriero]

Yea so I don't have an edge and just lose money constantly. Execution is solid, psychology decent, edge is poop.

Looking to just put some cash in longer term spots. VOO will probably get a portion of it but where else should I look? Any book or resource recommendations on liquid allocation? Not really interested in single company investments.

S&P made around 25% last year...did your trading account do better? Legit question if anyone outside of maybe Des and a few others are generating alpha....if my tradong account would have grown 25% last year I'd be pumped.

Thanks.

Passive?

Put $85K in 1Y Bills -> short the Jan25 50/100 digital in calls on the NDX struck 500 over the Jan-synthetic (18500/600 cs). The bear call spread will run $5K in req and you'll earn that back on the RFR. Returns 10% (or more) inside a year below 18,500 NDX. Break-even above 18,600. Defer taxes to 2026.

Bear vert earns you nearly 6%. 1Y running 4.8%. 11% in a bear mkt. Trivial upside loss (1%) above 18,600 cash NDX and you'll be up MTM on everything (drop to synthetic, absent beta) if we get rate cuts.

The edge is actually juicy as it's a leveraged roll down on time and synthetic time (rates).

 

[ironchef]

Can't go wrong betting with Bogle. Great recommendation sir.

 

[Sergio123]

I might sprinkle some money into data center REITS if there are any paying dividends.


They are the backbone of the economy now. They shouldn't have a problem if there is a commercial real estate crisis.

 

[ironchef]

He is legit, read his post history.

OK, I stand corrected.

Is he worth double digit millions?

 

[ajacobson]

@zghorner

Ever find yourself near Chicago or the East Coast - might be able to get you an interview as an associate desk trader. Might not be your ideal position, but it can be a great learning opportunity.

 

[zghorner]

@zghorner

Ever find yourself near Chicago or the East Coast - might be able to get you an interview as an associate desk trader. Might not be your ideal position, but it can be a great learning opportunity.

really appreciate that man but sort of locked into Oklahoma.

 

[ironchef]

Then you path forward is simple:

Find. An. Edge.

Many edges have been posted here on ET. You just have to pay attention.

Someone posted a method and edge last Nov 11th. Would earn you at least 2% a day, trading a fifth of your account size (but probably not scalable, so you couldn't compound past low double digit millions). Little risk.

No one was paying attention though, post got no replies, no likes.

I do own you an apology.

He is legit, read his post history.

Thank you.

A moment ago someone else also pointed that out to me.

I followed up, read his posts.

 

[SunTrader]

MGK, FNGS or XLG on pullbacks.

 

[destriero]

Passive?

Put $85K in 1Y Bills -> short the Jan25 50/100 digital in calls on the NDX struck 500 over the Jan-synthetic (18500/600 cs). The bear call spread will run $5K in req and you'll earn that back on the RFR. Returns 10% (or more) inside a year below 18,500 NDX. Break-even above 18,600. Defer taxes to 2026.

Bear vert earns you nearly 6%. 1Y running 4.8%. 11% in a bear mkt. Trivial upside loss (1%) above 18,600 cash NDX and you'll be up MTM on everything (drop to synthetic, absent beta) if we get rate cuts.

The edge is actually juicy as it's a leveraged roll down on time and synthetic time (rates).

Earns 11% below 18,500. Loses 1% above 18,600, net.

The real value gigi is the roll down vs. market beta.