My Awesome Trading

[tonyf]

How,can you congratulate anyone who makes the bulk of their money bring wrong??

He's wrong on a short put trade,gets assigned,then sells an "unidentified" call in the hole,which would have to be up or out to be "the biggest" gains..

Doesn't compute....

Ain't your hard earned money so let him be

 

[taowave]

It's a forum,there is no harm in questioning the obvious,especially in an awesome thread

Ain't your hard earned money so let him be

 

[Bad_Badness]

If I had 5K, it would be 7.5K and change now.

But you are not trading 5K because you don't have it?

In many ways small amounts is like paper trading. You don't know pain until you lose 5, 6, or 7 digit losses. AND the market WILL give you pain.

Add this to the comments about the discretionary "strategy", and it is a recipe for disaster once the numbers get meaningful, to your net worth.

So "awesome is, as awesome does". Small amounts are not so awesome. Paper can never be awesome.

 

[Retief]

The account is way over 5K, and it's not a paper account. I had another good week. The year-to-date return is up another 2% to 54.5% and the Sharpe ratio is now at 2.00.

 

[777]

Check out my awesome trading:

52.43% YTD return

Max Drawdown: 19.82%
Sharpe Ratio: 1.98
View attachment 265837 View attachment 265838

I've been selling weekly puts on fundamentally strong stocks, and if assigned, selling weekly calls until the stock is called away.

As a retail trader, I doubt you will do better than holding your

Check out my awesome trading:

52.43% YTD return

Max Drawdown: 19.82%
Sharpe Ratio: 1.98

View attachment 265837 View attachment 265838

I've been selling weekly puts on fundamentally strong stocks, and if assigned, selling weekly calls until the stock is called away.

A Better Method For You:

Press Market and Max on Your 401K, month after month, decade after decade.

If you have any Berkshire in your 401k you can even tell your friends that Warren Buffett works for you!
_____

Why in the world, as a retail trade sitting at home, do you think you should be doing what you are doing?

Reading through some of your posts I see you don't understand much about trading, investing or basically rational risk taking. Worse, you have meaningfully bad ideas.

Suggestions:

Try to be around people who are better than you and you may move in that direction, or at least listen to them.

Seriously researching things you are spending meaningful amounts of time and money on figures to be helpful.

+ Congratulations on getting lucky. Stop what you are doing.

 

[Retief]

As a retail trader, I doubt you will do better than holding your


Congratulations on getting lucky!

Why in the world, as a retail trade sitting at home, do you think you should be doing this?

#Stop.

EDIT: Reading through your posts I see you don't understand much about trading, investing or basically rational risk taking. Worse, you have meaningfully bad ideas.

Suggestion:

Try to be around people who are better than you and you may move in that direction, or at least listen to them.

Seriously researching things you are spending time and money on is also helpful.

Post your return YTD and Sharpe ratio and we'll see who knows more about trading and investing.

 

[taowave]

Hey,you are clearly having a great year,assuming return is on cash in the account and you aren't leveraged above 2 to 1
..

I wasnt coming after you,but it's odd that the bulk of your returns comes from short puts you were assigned on that you then sold calls on..

The account is way over 5K, and it's not a paper account. I had another good week. The year-to-date return is up another 2% to 54.5% and the Sharpe ratio is now at 2.00.

 

[777]

Post your return YTD and Sharpe ratio and we'll see who knows more about trading and investing.

Your YTD reply highlights how badly you are thinking.

Suggestions:

Try to be around people who are better than you and you may move in that direction, or at least listen to them.

Seriously researching things you are spending meaningful amounts of time and money on figures to be helpful.

Here Is A Better Method For You

Press Market and Max on Your 401K, month after month, decade after decade.

If you have any Berkshire in your 401k you can even tell your friends how awesome it is that Warren Buffett works for you.

 

[Retief]

Even this YTD reply shows how badly you are thinking. Let me help you...


Here Is A Better Method For You:

Press Market and Max on Your 401K, month after month, decade after decade.

If you have any Berkshire in your 401k you can even tell your friends that Warren Buffett works for you!

Take a look at the performance of the major indices over the past week, and since you're a fan of Buffet, BRK-A (from Finviz):

SPY: -0.57%
QQQ: -0.30%
DIA: -1.19%
IWM: -2.54%
BRK-A: -0.72%

In comparison, my account is up for the week. I'll think I'll keep doing what I've been doing.

 

[777]

Take a look at the performance of the major indices over the past week, and since you're a fan of Buffet, BRK-A (from Finviz):

SPY: -0.57%
QQQ: -0.30%
DIA: -1.19%
IWM: -2.54%
BRK-A: -0.72%

In comparison, my account is up for the week. I'll think I'll keep doing what I've been doing.

This reply further highlights that you do not understand what you are doing and that you are thinking poorly about your situation.

Look:

Try to be a learning machine and you may markedly improve.

Try to be around people who are better than you.

Right now you don't understand that you are not competent.