Yes, it will be interesting to see how it plays out.
PDfade
- Thread starter romik
- Start date
@botpro since I am not allowed to post at Stirfry report I'll post my thoughts here, scaling in, considering the fact that he isn't building a long term position which would effect liquidity due to it's size, is just inappropriate. What are expectations of entries that are sound time wise, they will be realised only on 1/3 usual risk and the bad ones will be realised with full risk. So as you can see his quant team need to go back to elementary school.
If you can't curse what is the point of trading...
do as I say, not as I do....
I never noticed the term "ETsponsor" under his username... how is it that he is a Vendor?
He's trying to prove his quant team doesn't need to go back to elementary school. That quant team is the concept surf is intent on selling and the reason why it's so important to expose the truth. It's obvious there's no skilled team that can beat the averages ...feeding those signals to surf.
His probability is most likely around 50%, he's now adjusted his index based trading to intraday and snapping profit before maturity (ie yesterday's long taken out at close and look at it today), regardless of whether he did or didn't pull the plug 'prematurely' his habit to stick to trades when they go sour and that is likely to be the achilles heal of this 100k charade, when the losers come equity curve is expected to decline, maybe even dramatically. Look at the AMD call, it's f...ed due to it's size, it only takes a rumour to send stock through 3+ easily towards it's previous resistance, especially with Daily cycle being on the upside IMHO.
His gambles thus far have put him ahead. That's all he needed in his mind to erase his horendous trading record. Soon as he has another blow out after doubling down until his account is destroyed he will take another glamorous vacation.
When he comes back it will be business as usual, denying his trading sucks, and posting links to sites which prove he and his team are experts.
When he comes back it will be business as usual, denying his trading sucks, and posting links to sites which prove he and his team are experts.