Interesting.
I don't know wtf any of that means, but interesting.
I wonder what @SimpleMeLike has been working on.
I don't know wtf any of that means, but interesting.
I wonder what @SimpleMeLike has been working on.
poopy's competition journal
- Thread starter poopy
- Start date
Dartboard
Are you guys going to actually show the trades without all the gibberish so we can backward engineer them?
The other guy will.
And that is the reason you run this competition.
Leaving for LV after the close and returning late Sunday. I'll be updating EOD after each close with some color. I will allow @Baron into the account after the experiment is over.
Understand that I was challenged to a competition and the challenger begged off. I will not accept any other challenger but you're welcome to shadow the competition in your own notes or *another* thread. Of course it's pointless to do so if you're not going to abide by the rules yet reference this (poopy competition) thread.
https://www.elitetrader.com/et/thre...skills-were-trash.377987/page-76#post-6024651
I will not comment on others. I will not be baited. Don't post your performance here; 1) it's not going to be vetted by Baron and 2), it was not agreed to from the outset. It will be reported for deletion and mods will be asked to have you banned from the thread. I am not going to waste time parsing through 100s of responses to find my posts.
Understand that I was challenged to a competition and the challenger begged off. I will not accept any other challenger but you're welcome to shadow the competition in your own notes or *another* thread. Of course it's pointless to do so if you're not going to abide by the rules yet reference this (poopy competition) thread.
https://www.elitetrader.com/et/thre...skills-were-trash.377987/page-76#post-6024651
I will not comment on others. I will not be baited. Don't post your performance here; 1) it's not going to be vetted by Baron and 2), it was not agreed to from the outset. It will be reported for deletion and mods will be asked to have you banned from the thread. I am not going to waste time parsing through 100s of responses to find my posts.
I didn't read this thread in its entirety nor the other one where you and Marc debated over who could piss the farthest, so I apologize if this post comes across as irrelevant.
But may I make a suggestion. First, it's hard to measure "trading success" solely based on one's P&L. Obviously, there will be a large difference between one who trades 1 lot versus one who trades 10 lots. As such, it would be better to go by how many aggregate points were made than how much $ was made.
Another challenge here is how best to measure success between two different instruments: futures vs options. One way to minimize the difference would be to trade only the directional. This could be done allowing only long or short trades for the futures; and straight-up long calls and long puts for ptions. However, no naked or short positions are allowed. No combination of both call and puts at the same time, using straddle, strangle or iron condors. And absolutely no hedging of any kind.
And, needless to say, both of you should trade the same symbol: if ES then ES options or SPY option, for example.
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Might I suggest a percentage change in account size might be a fair way to measure trading success.
LOL consider it a Friday Syndrome.
Personally, however, I never use % chg in my trading. For example, my mind goes blank when they say S&P rallied 1.5%, as opposed to S&P shot up 100 points. Or that you made 2% in profit today as opposed to $10K. Am I the only one?
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