Marketsurfer says short shake shack

[Buy1Sell2]

I hope it doesn't take too much longer I put my first trade on in 1999.

I hope not either. This truly is the only edge in trading and is the best, most salient advice one could ever receive.

 

[marketsurfer]

So the guy shorts SHAK in the low $70s and is stopped out at $91 and now we see some hard ons because the stock is down to $79 today....

That trade was averaged into four times on the way up. Just wanted to clarify. surf

 

[debitspread]

Sheesh! You'd think a 6% winning day would elicit congratz rather than h8z... SHAK 77.89 -4.92

 

[romik]

Hold on with congrats, he needs to make back what he lost on first round.

 

[marketsurfer]

I hope not either. This truly is the only edge in trading and is the best, most salient advice one could ever receive.

You should add-- only edge for noise traders ---

 

[marketsurfer]

Sheesh! You'd think a 6% winning day would elicit congratz rather than h8z... SHAK 77.89 -4.92

Thanks, Debit. Win or lose- the ne'erdowells and broke souls who haunt this board reveal themselves clearly with the h8.

 

[i am nobody]

Hold on with congrats, he needs to make back what he lost on first round.

I followed this thread by coincidence and it was an eye opener for me.
MS took losses between -17 and -36% on 4 positions. Horrible.
The average loss on the total investment was -24%.
So his ending capital is 76% from his initial capital. He went short (full position in my calculations) again at 86.70.

1. The prices have to drop 31% to be break even ( without commission).
2. The prices have to drop 44% to make 10% (without commission).
3. The prices have to drop 57% to make 20% (without commission).

Now I understand why he believes it is impossible to make decent returns. The way he trades it is indeed impossible. I trade futures with high leverage. My stop is on 12.5% only. So my risk per trade is 3 times smaller than his first trade (short 67.09).

Price drivers or price divers?

 

[Buy1Sell2]

I followed this thread by coincidence and it was an eye opener for me.
MS took losses between -17 and -36% on 4 positions. Horrible.
The average loss on the total investment was -24%.
So his ending capital is 76% from his initial capital. He went short (full position in my calculations) again at 86.70.

1. The prices have to drop 31% to be break even ( without commission).
2. The prices have to drop 44% to make 10% (without commission).
3. The prices have to drop 57% to make 20% (without commission).

Now I understand why he believes it is impossible to make decent returns. The way he trades it is indeed impossible. I trade futures with high leverage. My stop is on 12.5% only. So my risk per trade is 3 times smaller than his first trade (short 67.09).

Price drivers or price divers?

View attachment 153358

You do understand that this is a WIND UP Thread and the OP was never short right? By the way, a 12.5 percent stopout is the road to certain ruination.

 

[i am nobody]

Wind up or not. He is following a "system". So simulation or real, it sucks.

About my stop. I started trading in 1990, wiped out my 50k account in a few months. Started again, and still survive since then. I make even money!
I take every month a big chunk of my profits and put it away. Even if I blow up my account three times in a row, nothing can happen. I put enough away to never go broke again.
Before making statements about other people it would be wise to first know full details about his trading and capital preservation system.

 

[Buy1Sell2]

12.5 percent stop is over 6 times too large.