Project X

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I have been invited to a river boat trip somewhere in Germany next week by the owner of the motor boat. I said I'll attend.
I'll post some photos then... :)
These are the first signs that I get invited into the world of the higher society... :)
 
Good news:
Someone wants to invest in us 500k or 1M (unclear yet). But he wants to test it first with just 10k for some weeks. Not the performance, but our honesty I think.
That's ok for me.
But I couldn't reach my trading-partner yet... :finger: (it's deep in the night here right now)
 
I reviewed all the private conversations and it is 0.5M, not 1M. That's ok for me.
It has not started yet. I guess the potential investor is doing some background checks on us :). That's of course ok.
 
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Performance after the first 4 days since starting the live trading:

perf_after_4_days.png


Incredible! 42% in less than a week!... :D
Is this just luck? You decide! :)

.
 
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Btw, one thing I have not been accused of yet is insider trading.
But I'm sure someone will just come up with even that... :)
 
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Not sure what you expect people to say. What do you think the p&l profile of a 99% win rate system looks like? It looks like your p&l. Doesn't mean it has as big an edge as it appears to the layman. As I said before this kind of trading does have an edge, it's just not as nearly as big as you think it is.
 
Quiet1 said:
What do you think the p&l profile of a 99% win rate system looks like? It looks like your p&l. Doesn't mean it has as big an edge as it appears to the layman. As I said before this kind of trading does have an edge, it's just not as nearly as big as you think it is.
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What is your definition of big in this context?
I said that my goal is "just" 30% per month, but as we see I did and do even much more. Maybe luck, maybe not, who knows?... :)
I know for sure that it's not pure luck, but rather strategy.
 
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marsman said:
I know for sure that it's not pure luck, but rather strategy.
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I'd hope your already familiar with them but if not have a good look at the return profiles of "option write" strategies for whatever CTAs you can find performances of. Try http://www.ansbacherusa.com/ for example. S&P 500 put writer mainly I think in the past. That's what your p&l profile will look like, except yours will be much more extreme.

Good luck.
 
Quiet1 said:
I'd hope your already familiar with them but if not have a good look at the return profiles of "option write" strategies for whatever CTAs you can find performances of. Try http://www.ansbacherusa.com/ for example. S&P 500 put writer mainly I think in the past. That's what your p&l profile will look like, except yours will be much more extreme.
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Thx. Not bad, but I think they could do much better... :) :

ansbacher.png




Good luck.
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Thx! :)
 
marsman said:
What is your definition of big in this context?
I said that my goal is "just" 30% per month, but as we see I did and do even much more. Maybe luck, maybe not, who knows?... :)
I know for sure that it's not pure luck, but rather strategy.
More...

I'm really perplexed how OP could earn 60% in a week selling weekly options. There isn't enough premium and margin on reg-t would prevent you from getting size. Further those options haven't expired yet, so those earnings could largely come from theta - meaning OP is running like 3x that in short premium.
 
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