How to track the "smart money"?

that's what i do too...my work colleague is in the investing type of mindset and thinks he is a trader. he likes to average down on loser etc. i usually asked his opinions on certain stonks and do the opposite of what he thinks. so far, that strategy has been making me money.

You could write any random algorithm for quant trading. Even if it has the worst results imaginable.... Then just do the opposite.
 
lmao you're such a bum dude, You still short TSLA riding it to zero with Bill Gates?


Wrong! I'm not short Tesla.. The call was to take Long profits. Not to short. Thus far I am SPOT ON!

You sons of b*tches just can't duplicate the written word. Then you go on and make up stuff and mislead newbies. Disgusting! I would burn this place down and rebuild!

This site is loaded to the hilt with wankers!
 
Wrong! I'm not short Tesla.. The call was to take Long profits. Not to short. Thus far I am SPOT ON!

You sons of b*tches just can't duplicate the written word. Then you go on and make up stuff and mislead newbies. Disgusting! I would burn this place down and rebuild!

This site is loaded to the hilt with wankers!
nah bro, you're just a spaz and you're rude, and arrogant. I am sure there are plenty of traders around here with much more experience than you, making much more money than you...that don't treat people like trash over the slightest disagreement. Show some respect to receive some my man.
 
that's what i do too...my work colleague is in the investing type of mindset and thinks he is a trader. he likes to average down on loser etc. i usually asked his opinions on certain stonks and do the opposite of what he thinks. so far, that strategy has been making me money. i call that strategy "what dumb money do."

:thumbsup::thumbsup::thumbsup::thumbsup::thumbsup::thumbsup: God bless you! You will go far, far, far in trading and investing with just that one concept. Its called SENTIMENT ANALYSIS and when combined with her Big Brother TA, its a package made in Heaven.

One could subscribe of all sorts of Sentiment service packages and pay like for DSI upwards of 4k/mo to perhaps even 20k/mo. but if you use ET wisely, you can save on your overhead like a champ.

YOur best contrarian plays are when you take the emotion of the following people at ET into consideration and at key turning points in the market just do the opposite like this particular time with the bear market rally versus a new bull market

Overnight
vazandt
theMickey
Nine_Ender
Volpri
Maxinger


there are a few more but none comes even remotely close to Overnight and vanzandt being always wrong. these 2 clowns are a boon to contrarian traders and should be milked to the core
 
nah bro, you're just a spaz and you're rude, and arrogant. I am sure there are plenty of traders around here with much more experience than you, making much more money than you...that don't treat people like trash over the slightest disagreement. Show some respect to receive some my man.


I'm dealing with an over prevalence of cockroaches. And the exponential growth of cockroaches during a BEAR market is a given. I call a cockroach a cockroach. Its that simple. The President of the United States did the same thing. We don't expect anybody to like us and we don't expect to win any popularity contest. But we are true to ourselves.

The fundamental rule for Donald Trump and yours truly is this:

Be who you are, say what you feel and think because those who mind don't matter and those who don't mind matter infinitely

Kapiche? :):D
 
:thumbsup::thumbsup::thumbsup::thumbsup::thumbsup::thumbsup: God bless you! You will go far, far, far in trading and investing with just that one concept. Its called SENTIMENT ANALYSIS and when combined with her Big Brother TA, its a package made in Heaven.

One could subscribe of all sorts of Sentiment service packages and pay like for DSI upwards of 4k/mo to perhaps even 20k/mo. but if you use ET wisely, you can save on your overhead like a champ.

YOur best contrarian plays are when you take the emotion of the following people at ET into consideration and at key turning points in the market just do the opposite like this particular time with the bear market rally versus a new bull market

Overnight
vazandt
theMickey
Nine_Ender
Volpri
Maxinger


there are a few more but none comes even remotely close to Overnight and vanzandt being always wrong. these 2 clowns are a boon to contrarian traders and should be milked to the core
Pretty rude man. Do you talk to people like this in person?It's easy to get carried away with trash talk on forums, I learned that the hard way.

Are you knocking down hundreds of thousands a year from trading profits? Are you this outwardly confident with a sense of superiority in person? I feel like you strut around like you're the shit when in reality maybe you should consider flushing the toilet.
 
Pretty rude man. Do you talk to people like this in person?It's easy to get carried away with trash talk on forums, I learned that the hard way.

Are you knocking down hundreds of thousands a year from trading profits? Are you this outwardly confident with a sense of superiority in person? I feel like you strut around like you're the shit when in reality maybe you should consider flushing the toilet.




No, I most certainly do not. In real life 99.9% of people have proper etiquette and show respect and therefore get respect. I never attack anybody unless assaulted first.

But here at ET is soooooooooooooooo f***in obvious that you sons of b*tches with no SS#, no DOB, no ID card, no email address, no address, come on and attack unprovoked like there's no tomorrow. Its become a disgusting place for asinine hovine bovine individuals. And the BEAR market will only bring out such negative traits in exponential fashion because money talks and mot of you clowns are broke to the bone and losing even your milk money.


See next post, very important ...... for my main reason why you sons of b*tches are trash. The owner of this site said something of importance that describes this site to a T
 
Pretty rude man. Do you talk to people like this in person?It's easy to get carried away with trash talk on forums, I learned that the hard way.

Are you knocking down hundreds of thousands a year from trading profits? Are you this outwardly confident with a sense of superiority in person? I feel like you strut around like you're the shit when in reality maybe you should consider flushing the toilet.



From the owner of this site called ET: check out this wisdom of the owner


4th paragraph in owner's Journal thread on Page 1


Unlike the vast majority of YouTubers and other social media influencers, I'm not going to take a position and then tell you guys what I did after the fact. I have no interest in front-running or doing anything that would be considered manipulative. Instead, I will tell you what I'm going to do in advance of me actually doing it. That advanced notice could be days, hours, or minutes but rest assured that I'm going to tell you what I'm going to do before I actually do it, even if that means that you get a better fill than me. And all that will be verifiable from the timestamps on my posts.



Baron's Crypto Trading Journal
 
You could write any random algorithm for quant trading. Even if it has the worst results imaginable.... Then just do the opposite.

I think you're joking, but just in case anyone takes this seriously, you can't simply take a losing strategy, flip it, and expect a winning one. Why not? Slippage and commissions.

Go ahead and find a losing strategy, flip it, and include slippage and commissions. Most of the time, you'll end up with two losing strategies.

For this "do the opposite" strategy to work, you need the original algorithm to be VERY bad. If it is VERY bad, then just maybe doing the opposite will actually be profitable.
 
I had all but given up on trading after taking some losses that outweighed my gains recently.

However, a few days prior to the Jackson Hole speech by Powell, I read this article saying hedge funds are placing bets on interest rates in record amounts. This caused me to trust their judgement and short the S&P futures. As expected, Powell was hawkish and this upset the "wishful thinking" crowd who thought that one month worth of better inflation numbers would cause the Fed to ease up.

The S&P has dropped significantly since then and I've made a good amount of money. Currently at about $6,300 profit on a ESU22 futures contract.

It got me thinking... Maybe following what the "smart money" does can be a good strategy. How can I follow this? Aside from just randomly coming across news articles.

Here's the article...

https://www.reuters.com/markets/fun...h-fed-jackson-hole-looms-mcgeever-2022-08-22/
Why don't you let us know once you find out... as if those hedge funds would actually reveal their plans in advance. :rolleyes::confused:
 
Back
Top