The ACD Method

[jj90]

BTC up 10% in 2 days, ETH up 25%. 24/7 trading. Pros and cons.

 

[justrading]

https://www.wsj.com/articles/the-quants-run-wall-street-now-1495389108

 

[SteveM]

Sigh...
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"If you bought $100 worth of Bitcoin 7 years ago, you'd be sitting on $75 million right now"

http://www.cnbc.com/2017/05/22/bitcoin-price-hits-fresh-record-high-above-2100.html

 

[Maverick74]

Sigh...
----------------------------
"If you bought $100 worth of Bitcoin 7 years ago, you'd be sitting on $75 million right now"

http://www.cnbc.com/2017/05/22/bitcoin-price-hits-fresh-record-high-above-2100.html

You tell me this now?

 

[baggerlord]

I almost bought 5000 btc at a dollar. I don't regret it at all because I know there is no way I would have held it for more than x %.

 

[justrading]

Might not be the shoo-in early polls suggested. Could get interesting this.

https://www.bloomberg.com/news/arti...oll-shows-tory-lead-narrows-after-bomb-attack

 

[justrading]

Interesting, if rather brief discussion.

http://www.economist.com/news/finan...efficient-market-theory?fsrc=scn/tw/te/bl/ed/

 

[koolaid]

Mav,

If a stock keeps making A ups day after day and the 30NL has been firmed for weeks...do you ever add onto positions as this is happening OR do you just stay in. Basically, my question is...do you scale in and continue to add until the NL weakens or are you an "all in" kinda guy right from the beginning.

 

[Maverick74]

Mav,

If a stock keeps making A ups day after day and the 30NL has been firmed for weeks...do you ever add onto positions as this is happening OR do you just stay in. Basically, my question is...do you scale in and continue to add until the NL weakens or are you an "all in" kinda guy right from the beginning.

In the equity world, where there are thousands of stocks, I prefer to scale by adding fresh new positions vs adding to existing ones. I find that a fresh new signal has more potential then adding to an existing signal that is slowly fading in strength. This means that over time, as the market stays stronger, you will have more and more exposure. When the market weakens, you will automatically have less exposure. It's self adjusting. You will have your largest exposure when the market is at it's strongest and your least exposure when the market is at it's weakest.

 

[copyplus]

In the equity world, where there are thousands of stocks, I prefer to scale by adding fresh new positions vs adding to existing ones. I find that a fresh new signal has more potential then adding to an existing signal that is slowly fading in strength. This means that over time, as the market stays stronger, you will have more and more exposure. When the market weakens, you will automatically have less exposure. It's self adjusting. You will have your largest exposure when the market is at it's strongest and your least exposure when the market is at it's weakest.

What about currencies and commodities?

If I can get a good looking entry and it starts working... I just try to hold it as long as I can. Adding on or trading in and out sounds great in theory, but in practice is another matter. Any advice you might have?