n/a

[Sekiyo]

Not @KCalhoun

But tight is relative.
Guess it's tight reward wise.
He tries to max the reward to risk ratio.

To be shaken out "a lot" is not a problem.
Some guys do win "a lot" but ain't profitable.

"you don't eat probability. Don't forget the payoff for each outcome."

Ok. I’m out.

 

[KCalhoun]

28March after fidelity updated balances overnight, here's how I did, up even more:

 

[d08]

Hey Ken,
Not starting a war here, but $793 isn’t exactly a number to pound your chest about. Especially after 21 years in the biz.

You mentioned numerous times you were up 8k for the month, so now it’s 9...
Let’s call it 10k.
In volatility like this you should be printing cash. I don’t understand what’s the point of starting a thread like this with those numbers?

Like I said, not looking for a war, just not getting the point.

Glad you’re having a personally stellar month though. Congrats.

Yeah. The size is so ridiculously small. Where does the "trading millions" come from, I don't get it.
I'm not a huge trader but $793 is a just a slightly worse fill on one trade, nothing to notice. I was down $16k just on Friday...

 

[themickey]

Yeah. The size is so ridiculously small. Where does the "trading millions" come from, I don't get it.
I'm not a huge trader but $793 is a just a slightly worse fill on one trade, nothing to notice. I was down $16k just on Friday...

My best day a couple of years back was $27,000

 

[d08]

My best day a couple of years back was $27,000

And now?

 

[d08]

Hmmm.
Tbh imo, coming out green on a day like today, is the mark of a pro.
Yeah, $800 x 250 trading days is like $200K/year.... I guess that's not a lot for some here... and thats not a shot at you Clubber.... but what I have found, and I have a few years in this game too as a rote amateur, but I have seen a lot... its times like these that wipe people out. So yes, $700-$800 is peanuts for a big player I guess, but I suspect these types make their real money when things have calmed down. That's antithetical af I know. But to generate giant returns right now.... is a f'ing fool's game imo. No one knows what these markets are gonna do right now from hour to hour. To put big money on the line.... is just being a fucking idiot. Its Russian roulette. Anyone who says otherwise is a fool. This is coming from someone who thought they had it beat and were wiped out overnight in 2008. Different crisis, same game. That said, buy and hold on certain stocks.... the right stocks, will pay off handsomely.

Slow and steady wins the race. You go Calhooun.

I don't think so. Markets are not like a job paying hourly in that they are not same every year, sometimes they're unpredictable and sometimes just a grind where only some fast scalpers make money. If there is volatility, you make more to compensate for the slow years.

These are the markets where pros actually make money and the markets are always "Russian roulette" as you put it.

I started trading more seriously in 2007, 2008 was a great year but without much capital the dollar results were insignificant. 2013 was terrible and 2012 was slow as well. Volatility is your friend.

 

[d08]

Literally lol, thx . Ok now I'm off to bang my hot Asian wife, goodnight all.... work work work lol

View attachment 223268

Cringe post of the year, unreal, I better screenshot this.

 

[d08]

You say that tight stops are important...

What if I plan to hold longer than a day? If I'm predicting something that's 3 months out, then it could go opposite direction for a while and not disprove my prediction.

Stops depend on the strategy. Saying "tight stops are important" is based on nothing or the trader is only familiar with one approach.

 

[KCalhoun]

$700+ in one day is very solid. Not sure what issues people have.

Curious, how do you use $TRIN in your trading compared to VIX?

Good question, another tip is to use TRIN to help stay disciplined for being long vs short bias, eg focus on longs only when TRIN is <1

 

[maxinger]

The total gain/loss column above you show still seem indicate -$20 net...?

And by the way, I would think a sponsor here has some latitude, but to call people here pussies and wankers, and to piss off, "and show real money or step the fck off", is not the epitome of couth. I am surprised you're being allowed to abuse and abase posters here who are asking for answers. Nothing more, nothing less.

Right.

Kcalhoun is a sponsor but a rather unique sponsor.
We'd better don't offend the sponsor.
If we do, ET administrator will come after us within seconds.


Honestly he's quite a load of negative emotions.
I wouldn't want to be near anyone ( sponsor or non sponsor) with load of negative emotions ;
negative emotions will generate negative income.
neutral emotion is a pre-requisite for positive income.

for demo trading, negative emotions could generate positive income.


Luckily for some of us, we don't have to hunt for info on how to trade.
We come here to pass our time meaningfully & contribute meaningfully if we can.