How to track the "smart money"?

[deaddog]

Not everyone is going to bat 100% they will have a few years where they lose monies like everyone else. Still, overall, they will beat most retail investors hands down. If you can get a hold of Michael Covel's Trend Following book, the performance of the top hedge funds are compiled and printed and you see the times the hedge funds did well which is most years compared to the few years they lost monies.

Covel's an author. Not a trader.
If you have a good tend following system you probably shouldn't lose money. I suppose you could call my methodology trend following (I call it momentum) as it follows trends and exits on trend breaks. Throw in a little risk control and money management and I haven't had a losing year in the last 20.
Possibly the top 5% of the hedge fund industry does well but that 5% changes from year to year.

 

[margin_gamble]

how many trades did you do today?

I am not a premature ejaculator like you. It is not a win to come 12 times in one morning. No woman can tolerate such a loser. Just messing with you, Vince

Z E R O on QQQ my main thread. Z E R O Trades today

I am an unlucky fellow in that I have not yet been able to find a broker who will let me come back after the fact = after the move and then alter the entry and close. I have been extremely unlucky in this regard.

But when I do do a trade the exact moment of penetration is recorded here at the date/time stamp of ET. If the Founder of ET has set such a good example who the fck am I to disrespect it?

I would even go so far as to state that any document anyone provides showing PnL and other IMO worthless docs just simply cannot compete with the date/time stamp of ET.


When you do penetration (realtime entry/exit) right the bird sings thusly .... check out the voice, the femininity

at 0:44

 

[vincentnyc]

You are the first hindsight trader at ET who did not score 100%. You have 2 losses. This is a terrible showing given the audacious power of HINDSIGHT.

Cut your losses down to zero and then I will sign up for your courses.

i don't do hindsignt....now 21 wins and 3 lost so far in shorting the stonk market. how about u? u talk the talk, but do you walk the walk? how many trade did you do today?

 

[margin_gamble]

i don't do hindsignt....now 21 wins and 3 lost so far in shorting the stonk market. how about u? u talk the talk, but do you walk the walk? how many trade did you do today?

ZERO trades

 

[vincentnyc]

i about to block this noob wannabe trader name margin calls.

 

[margin_gamble]

i about to blocked this noob wannabe trader margin call.

Why so mean, Vince?

 

[vincentnyc]

ZERO trades

that tells me you are in investor wannabe be trader. you should be hanging out in boggleheads or some site like that..

 

[MacBookProHo]

ZERO trades

You didn't place a trade today? If you bought around 9:40...and sold around 10:50....you could have made six figures,
Of course, though, the key is knowing the future...and placing that big bet,

 

[margin_gamble]

that tells me you are in investor wannabe be trader. you should be hanging out in boggleheads or some site like that..

I want to learn from YOU. Teach me, Vince

 

[margin_gamble]

You didn't place a trade today? If you bought around 9:40...and sold around 10:50....you could have made six figures,
Of course, though, the key is knowing the future...and placing that big bet,

Yeah! Missed out