How'd your trading go this week?

[maxinger]

What markets do you cross-correlate?

I group it into various categories :

- US, Germany, Italy ... bonds
- USD based currency futures EURO, GBP, aud, jpy
- index futures vs commodities like copper, crude oil, gold
- USD based gold, copper, oil
- Comex copper vs Shangai copper
- NYMEX oil vs Shanghai oil vs ICE oil
- gold vs bonds
- various Asian index futures
- various European index futures
- various US index futures

etc etc etc

 

[ValeryN]

Wow you must have a large account, am I right?

In swing trades, what is your method of protecting against huge losses?

It was a meaningful PL for account. I close positions unless in profit shortly after entry and add to winners, then stop loss order. Win rate is low swinging this way and winners are much bigger. Biggest danger is trying to make something work that doesn’t way too many times. Getting a context right around the move helps with probabilities.

 

[GotherL]

Market in a nutshell...

- You would've made money taking any random entry point on the ES/NQ without a stop loss order.

- You would've lost money taking any random entry point on the ES/NQ with a stop loss order.

In other words, majority of retail got screwed. Unless, they had a crystal ball in their back pocket.

 

[semperfrosty]

pretty decent. Based on random entry algo trading just MES

The question is how long will it last?

View attachment 303580

Nice.

 

[murray t turtle]

Market in a nutshell...

- You would've made money taking any random entry point on the ES/NQ without a stop loss order.

- You would've lost money taking any random entry point on the ES/NQ with a stop loss order.

In other words, majority of retail got screwed. Unless, they had a crystal ball in their back pocket.

%%
LOL /good analysis+ that'$ about the only time of many where a random entry made a bit of sense, maybe not much profit that way ?? But made sense
Cut a small loss on non random SH. Interesting SH is still closing below non random 200dma.
I had a large paper list of possible stock buys,[none random] including ING[orderly orange lion = co symbol];
so with gap ups \sold /exit CAT,MSFT swing ...............................NOT a swing trade tip or stock tip+ not paper trades.,TECH sector maybe stronger longer this year; not a prediction...........Thats life /ING gapped up to much for me to enter.

 

[murray t turtle]

The weeks coming to an end. How did you do? And if you don't mind, what type of trader are you? Swing, algorithmic, price action?

%%
MUCH better\
better than what?? Better than DIA[ the lower % benchmark of dia, spy,qqq,LOL]\ better than JAN 2022\ too much leverage\ any kind of leverage greatly increases losses+ losses.
Like i noted earlier 100% of foreclosures are caused buy leveraga/ debt.
Thats how Dave ramsey went broke as a millionaire= He HATES DEBT\
Swing , some daytrade.One of Daves ramsey's friends said ''you are actualy borrowing money when you eat out/ you owe them as soon as they serve you food/LOL
NO such thing as a random exit; even if you closed your eyes + prayed; you still pulled the trigger or set up to do that. Bear market$ by definition are not random \AMZN is still in a bear trend/SPY has closed above 200dma, not a bear + not random.
OCT is what some a call a jinx or hoodo month; no such thing as bad luck\ but a hoodo is also a fantastic spike rock pattern/live + learn.
dave rAMSEY SAID 80% daytraders lose money; so i seldom daytrade SPXU, unless they dont fill SH fairly fast.......................