Short BIDU at 147.05 here
Prediction Based Trading
- Thread starter stockpredictor
- Start date
Closed here at 144.60
I done stupid thing. It seems I hadn't actually closed the BIDU short and when I checked, caught not only the entire move down from yesterday, but this morning's gap down as well. Obv not going to change the spreadsheet performance, but it is what it is. I attached a screenshot- yes, they can be faked, but its 'only' 6k, which is a lot, percentagewise of total acct.
Some more family members came to me to trade for them, so I'm going to be making some small deposits. With that, I've gotten beyond the 25k. Not completely organic growth, ha. But starting from the beginning of this thread, blown through the 100% mark with ease. There are much more opportunities now, many of them quick trades, and I don't want to be distracted by online callouts, not only because of posting, but because I don't want to look bad. Ridiculous I know, but it is potentially an impediment to performance.
Regardless, it was fun while it lasted. I know that some will not count it as proof enough, but there will always be people like that. I'll delete my social media accounts- its just baby stuff, don't really care about it. IRL is better. Besides, I see now that it is just another obstacle.
Good luck to all!
Some more family members came to me to trade for them, so I'm going to be making some small deposits. With that, I've gotten beyond the 25k. Not completely organic growth, ha. But starting from the beginning of this thread, blown through the 100% mark with ease. There are much more opportunities now, many of them quick trades, and I don't want to be distracted by online callouts, not only because of posting, but because I don't want to look bad. Ridiculous I know, but it is potentially an impediment to performance.
Regardless, it was fun while it lasted. I know that some will not count it as proof enough, but there will always be people like that. I'll delete my social media accounts- its just baby stuff, don't really care about it. IRL is better. Besides, I see now that it is just another obstacle.
Good luck to all!
Attachments
I think I'll use this as a place to post general market thoughts, potential trade setups, and so on at random. Not live stuff anymore (maybe occasionally? We'll see) for most part.
I see copper at '17 & '18 highs. Another trader I know says copper is used as one indicator for economic strength. The idea goes that because copper is used in many industrial applications, increase in price = increase in demand = market improving. In isolation it can be misleading, but we saw the Transports make new ATHs recently, as did the Dow Jones.
As for trades, I see AMD have a large space in the 60-74 range. I expect it to partially fill at the very least, very high chance. That is, the clean 74 floor will break. No idea how far it'll go down once broken, and no idea when, and no idea how far it can move up before it decides to do that. High 80s/Low 90s is a range high area where it could be shorted while hoping it doesn't make new highs. However, it would be a longer term trade because there would be no time stop. It may even consolidate, as it often makes large moves all at once, then consolidates again. The reason I mention it is because there is an unusually large potential move here. Say it goes to 90 before going down to a conservative 70; a 22% move minimum.
I see copper at '17 & '18 highs. Another trader I know says copper is used as one indicator for economic strength. The idea goes that because copper is used in many industrial applications, increase in price = increase in demand = market improving. In isolation it can be misleading, but we saw the Transports make new ATHs recently, as did the Dow Jones.
As for trades, I see AMD have a large space in the 60-74 range. I expect it to partially fill at the very least, very high chance. That is, the clean 74 floor will break. No idea how far it'll go down once broken, and no idea when, and no idea how far it can move up before it decides to do that. High 80s/Low 90s is a range high area where it could be shorted while hoping it doesn't make new highs. However, it would be a longer term trade because there would be no time stop. It may even consolidate, as it often makes large moves all at once, then consolidates again. The reason I mention it is because there is an unusually large potential move here. Say it goes to 90 before going down to a conservative 70; a 22% move minimum.
134.83 long BIDU
Closed at b/e. I know it's not quite real time but ToS is slowing so I had to workaround n such.
ToS slowdown cost me the UAL 42.50 low buy, currently a buck above. This one can run but too late :/
222.90 short BA here
219.38 closed for gains