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

alistera said:
There are a lot of assumptions in your comments, the fact that the guy who lost over $100,000 trading above his lifestyle range likes your comment shows everything that Einstein commented was correct, everyone comes in to the markets with too high expectations and few lower them enough to succeed, at least they can say they were told and didn't listen, nice dinner party talk.

Now, that does not mean you can't generate market beating returns with knowledge, experience, technology, at 15-20% you need lifestyle and knowledge of a millionaire (HNW) or 0.5% probability of success, but you can equally generate VHNW and UHNW returns and above, yet the probability of that is 0.1% and below, a $20,000 algo on its own cannot compensate.

The lost $130,000 this guy made if he wanted to recover within 2yrs would need 60% per year, and will almost certainly lose more at a later date, you think they will learn from the experience, that's not how the markets work but I understand your eagerness to egg them on (1).

Sure let's say could recover $130k in 1yr on alpha however would make $180k doing it, I've done it for funds before, but that's not how it works, now (1) is the interesting part, the world works on trying to pass their 'survival' to the next person so that they can thrive themselves a little bit more, which is the basis on most of these comments from everyone.

Now if you could recover $130k that person would succeed where everyone else failed by bringing themselves back online in 1yr not 14yrs, but in having the knowledge to do it the person generating those recovery amounts would succeed more, which is contrary to how the society works, the lower you go down the social ranks the more acute this becomes, welcome to the world of the financial markets.
More...
If you were long OTM calls on Oct 2022 on any of these: META, MSFT, GOOGL, NVDA... you made 10X your of your investments.
 
ironchef said:
If you were long OTM calls on Oct 2022 on any of these: META, MSFT, GOOGL, NVDA... you made 10X your of your investments.
More...
It just shows how parasitic these public environments are, people can't even quote psychology correctly, everyone giving small bits of advice while underlying it they are all trading against themselves to make sure their losses are smaller than the next person.

If your point was you can make higher profits with less effort than other people, sure that's possible and there are many ways to do it but like that other guy said you can't make infrequent wins with consistency while reducing risk, you can but not many can do it so it doesn't exist so everyone projects their own inability to do it, simple psychology.

The key point being, I don't trade against these people so makes no difference explaining to others with a fresher mind that targeting high win rate with training capital via infrequent trades on variable change profits - which are not infrequent at low timeframes and provide swing trade direction as a bonus - will absorb the losses from most people on this site.

If you target 15-20% per year you have 0.5% probability of success, so why not push to 0.1% probability and absorb everyone else's losses in the process, simply because they would need 5/10/20yrs to unwind their baggage and achieve the same result, hence you will never see it discussed, ever.

Actually it's possible to bring them back to neutral in a year or two where they spend the next years making sure when it goes wrong they bounce off parity, but no-one does that. As for parking residual capital, real estate but a specific niche (two actually) which are future proofed due to demographic changes and fiscal dynamics over the coming years, unfortunately no ETFs on them yet so makes it a physical capital play.
 
Last edited:
alistera said:
It just shows how parasitic these public environments are, people can't even quote psychology correctly, everyone giving small bits of advice while underlying it they are all trading against themselves to make sure their losses are smaller than the next person.

If your point was you can make higher profits with less effort than other people, sure that's possible and there are many ways to do it but like that other guy said you can't make infrequent wins with consistency while reducing risk, you can but not many can do it so it doesn't exist so everyone projects their own inability to do it, simple psychology.

The key point being, I don't trade against these people so makes no difference explaining to others with a fresher mind that targeting high win rate with training capital via infrequent trades on variable change profits - which are not infrequent at low timeframes and provide swing trade direction as a bonus - will absorb the losses from most people on this site.

If you target 15-20% per year you have 0.5% probability of success, so why not push to 0.1% probability and absorb everyone else's losses in the process, simply because they would need 5/10/20yrs to unwind their baggage and achieve the same result, hence you will never see it discussed, ever.

Actually it's possible to bring them back to neutral in a year or two where they spend the next years making sure when it goes wrong they bounce off parity, but no-one does that. As for parking residual capital, real estate but a specific niche (two actually) which are future proofed due to demographic changes and fiscal dynamics over the coming years, unfortunately no ETFs on them yet so makes it a physical capital play.
More...
Zero substance. WAIT
 
alistera said:
It just shows how parasitic these public environments are, people can't even quote psychology correctly, everyone giving small bits of advice while underlying it they are all trading against themselves to make sure their losses are smaller than the next person.

If your point was you can make higher profits with less effort than other people, sure that's possible and there are many ways to do it but like that other guy said you can't make infrequent wins with consistency while reducing risk, you can but not many can do it so it doesn't exist so everyone projects their own inability to do it, simple psychology.

The key point being, I don't trade against these people so makes no difference explaining to others with a fresher mind that targeting high win rate with training capital via infrequent trades on variable change profits - which are not infrequent at low timeframes and provide swing trade direction as a bonus - will absorb the losses from most people on this site.

If you target 15-20% per year you have 0.5% probability of success, so why not push to 0.1% probability and absorb everyone else's losses in the process, simply because they would need 5/10/20yrs to unwind their baggage and achieve the same result, hence you will never see it discussed, ever.

Actually it's possible to bring them back to neutral in a year or two where they spend the next years making sure when it goes wrong they bounce off parity, but no-one does that. As for parking residual capital, real estate but a specific niche (two actually) which are future proofed due to demographic changes and fiscal dynamics over the coming years, unfortunately no ETFs on them yet so makes it a physical capital play.
More...
You were the one that said easy, unlike @SimpleMeLike who struggled for years and finally made it, you implied you could be profitable from the get go.

It wasn't easy, to profit from long options, it took years of trial and error to find the right timing, right buy. But once you figure that out, it could be a profitable way to trade, just like @SimpleMeLike's ES future trading.

Let's not keep arguing in OP's thread about @SimpleMeLike or showing you my trades, let's focus on OP's struggle and give OP some encouragements and support.
 
ironchef said:
You were the one that said easy, unlike @SimpleMeLike who struggled for years and finally made it, you implied you could be profitable from the get go.

It wasn't easy, to profit from long options, it took years of trial and error to find the right timing, right buy. But once you figure that out, it could be a profitable way to trade, just like @SimpleMeLike's ES future trading.

Let's not keep arguing in OP's thread about @SimpleMeLike or showing you my trades, let's focus on OP's struggle and give OP some encouragements and support.
More...
Nah save the encouragement and support. Talk about whatever you want.
 
You must log in or register to reply here.
Back
Top