I think I found working stock trading system

[DevBru]

Yeah, that's why I was saying before that I don't need to use price action. I know where the intraday reversal will be days in advance, and demonstrated it multiple times without loss.

Tastyworks, using TDA now though.

Sure, but that doesn't mean anything for a potential investor. An investor wants to know how you did over the years, in both a bull and bear market, they want to analyse the shit out of your performance, you will have to provide stats and make sure you are ready to answer any questions they might have regarding those stats. Just screenshots and saying i can do or did it won't do the job.

Unless maybe with someone you know, they might be easier to convince, if you want money from strangers you need to sell yourself and your strategy. Your performance needs to be outstanding but the way you present and sell it needs to be outstanding as well.

I don't think Thinkorswim has a decent account performance overview, but i am not sure. Long time since i have used them. However there are plenty of third party options.

 

[stockpredictor]

Sure, but that doesn't mean anything for a potential investor. An investor wants to know how you did over the years, in both a bull and bear market, they want to analyse the shit out of your performance, you will have to provide stats and make sure you are ready to answer any questions they might have regarding those stats. Just screenshots and saying i can do or did it won't do the job.

Unless maybe with someone you know, they might be easier to convince, if you want money from strangers you need to sell yourself and your strategy. Your performance needs to be outstanding but the way you present and sell it needs to be outstanding as well.

I don't think Thinkorswim has a decent account performance overview, but i am not sure. Long time since i have used them. However there are plenty of third party options.

The trades are long and short on both green and red days all traded live intraday and occasionally overnight, so it should be apparent it works under all conditions. But I suppose they want long term performance because it might have all been luck. But if that's the case, then how do newcomers to the game that never traded get in? Even small noob funds score tens of millions.

 

[DevBru]

The trades are long and short on both green and red days all traded live intraday and occasionally overnight, so it should be apparent it works under all conditions. But I suppose they want long term performance because it might have all been luck. But if that's the case, then how do newcomers to the game that never traded get in? Even small noob funds score tens of millions.

Small noob funds are probably founded by people who already mean something in the financial world or are funded mainly with friends and family money.

If you don't have long term results it will be even harder. One thing you can't get around is advanced analytics of your past performance, no matter how long or short it is.

You might get lucky and you might find someone who is willing to start out small, but not without them having the opportunity to seriously analyse your past performance.

No one is going to even think about giving you funds with what you have provided so far. I am not trying to criticize you, that's just how it is.

 

[ironchef]

Hey you're not going to get any recognition. In the real world no one will use it as evidence. I tried and it didn't work even when I posted this: https://www.elitetrader.com/et/threads/prediction-based-trading.351176/page-38

Not a question of recognition but a question of believability.

Both of you showed outstanding results that put even the best professional traders on ET to shame. With those results why you need funding? As someone who trade full time it just does not make any sense to me.

There were many posters here who occasionally showed up and posted great "real time" trades with phenomenal results. Most were fakes, so we are skeptics.

Here is one example: https://www.elitetrader.com/et/threads/my-trades.315067/

 

[JSOP]

Hello guys,

I am a Finance PhD student, and I found a very interesting trading system that can correctly predict stock movement around earnings announcements. I backtested the idea and it works very well. The system picks stocks with about 80% correctness.

I am thinking of not publishing the idea but start investing with the system with a plan to open my hedge fund in the future.

I will be publishing my picks in this forum to get some recognition, which I think will be useful if I decide to open a hedge fund.

I will not edit any of my posts to keep myself accountable. Hence, if you find some grammatical errors in my post please be a little lenient about them.

My first recommendation: Buy today (2.26.2021) TGT (Target Corporation) before close and keep it until Monday (3.1.2021) close. If the stock does not go up on Monday, you need to keep it until the next day after the announcement (3.3.2021) and sell before close that day.

I do not expect that you invest in this stock based on my first recommendation. Moreover, I do not recommend doing it. But I suggest adding my recommendation to your calendar and see what happens. Probably after about a month when I will have about 20-30 posts you can make your judgment.

I will be publishing my new recommendations as soon as my system picks a new one.

Well the result: If one had closed at Monday close, one would've made about $2+ profit but if one has held it until now, one would've lost about $9 so far. The stock did rise after the earnings numbers but for some reason, it nosedived hard after the conference call. Dunno what was said during the CC that was so bad that it would tank the stock that much. Since you did recommend keeping it until March 3 and sell it before March 3 close, let's see what happens tomorrow.

 

[stockpredictor]

Not a question of recognition but a question of believability.

Both of you showed outstanding results that put even the best professional traders on ET to shame. With those results why you need funding? As someone who trade full time it just does not make any sense to me.

There were many posters here who occasionally showed up and posted great "real time" trades with phenomenal results. Most were fakes, so we are skeptics.

Here is one example: https://www.elitetrader.com/et/threads/my-trades.315067/

Lots of great traders want more funding. George Soros, Jim Simons wanted it, etc etc. It makes more money.

In my thread, if you look near the beginning, many people were saying it would be fake and THEY set the criteria of calling a trade. I therefore obliged. Time-stamped, no edits. You can ask the posters on there, even the haters admitted it was real. I can even call my entries days and weeks in advance on a single scalp trade if I wanted to.

I posted the first of a 44 page monthly statement here for one of the haters who then said nothing. Shall I post the whole in it's entirety? Would you then believe?

 

[ph1l]

Lots of great traders want more funding. George Soros, Jim Simons wanted it, etc etc. It makes more money.

Posts like
http://duelistgroundz.com/index.php...-money-thread/&do=findComment&comment=4174144 might not help you get the funding you desire.

 

[stockpredictor]

Posts like
http://duelistgroundz.com/index.php...-money-thread/&do=findComment&comment=4174144 might not help you get the funding you desire.
View attachment 253630

Got me Didn't think people would look so deeply into it. Yes, I wanted to prove it that way as so to attract more viewers. In the end, just performance should matter, nothing else.

 

[ironchef]

Lots of great traders want more funding. George Soros, Jim Simons wanted it, etc etc. It makes more money.

In my thread, if you look near the beginning, many people were saying it would be fake and THEY set the criteria of calling a trade. I therefore obliged. Time-stamped, no edits. You can ask the posters on there, even the haters admitted it was real. I can even call my entries days and weeks in advance on a single scalp trade if I wanted to.

I posted the first of a 44 page monthly statement here for one of the haters who then said nothing. Shall I post the whole in it's entirety? Would you then believe?

I see the difference.

I have no desire to be Soros or Simons so it was hard for me to understand your mindset. To me OPM is a headache I don't need.

Best wishes to you and hope you get your funding. I look forward to the day I can find you written up in the Wall Street Journal.

 

[AttoCEL]

What are the two ways to pay for a string of losses? There are two extremes and hybrid styles in between. Its the first question I ask my students, so... lets hear it.