This Forum overtrades options

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Quote from atticus:

He'll respond that he only lost 40% in 2008 when the SPY lost 50%. The facade of "relative performance".

And the first year, I was up what? 100%? Huh?
 
Quote from Soon2Bgreat:

....wait, I get that it's bad to overtrade, but what about undertrading? What about overtrading the underlying and undertrading the "overlying"?

I don't think you can undertrade. If you see my covestor model I'm sure it would be guilty of that.
 
Quote from Martinghoul:

Guys, seriously, this is an awesome thread!!!

I am 100% convinced our friend bwol is winding us all up, but, goddammit, is he entertaining or what?

P.S.: atticus, pls stop telling our main man to go away. I need bwol. I am most eager to learn more about the World Trading Championships. I could be a contender some day, when I grow up!

How many kids say they want to be a billionaire when they grow up? Practically none of them, when this is really the only true measure of immortal success.
 
Quote from bwolinsky:

And the first year, I was up what? 100%? Huh?

I dunno, all I see is where you ended up at -50%. I think I have you beat at +1,300% cumulative.
 
Quote from atticus:

I dunno, all I see is where you ended up at -50%. I think I have you beat at +1,300% cumulative.

I've just decided that c2 doesn't have the clientelle I'm looking for, and I'm sure your experience was the same. Too many people scared to trade options, and more people are likely to trade futures but you still see the buy and holds with their leverage long positions with people who don't know any better plopping $97 per month on a discretionary trade.
 
Quote from atticus:

I dunno, all I see is where you ended up at -50%. I think I have you beat at +1,300% cumulative.

Atticus-- unfortunately that difference will be statistically insignificant in BWego's eyes...
Lol
 
Quote from atticus:

I dunno, all I see is where you ended up at -50%. I think I have you beat at +1,300% cumulative.

Atticus the models change, and I don't need to point out to you that you must always improve your strategies, do I?
 
Quote from bwolinsky:

Atticus the models change, and I don't need to point out to you that you must always improve your strategies, do I?

C2 is flawed in many ways, not the least of which prevented me from hedging. I don't think a +1,300% return over 4 years is that bad or in need of revision (the system). I was the top system for over three years and I earned under $20k in C2 fees. Fortunately, that wasn't the goal of the system.
 
Quote from bwolinsky:

How many kids say they want to be a billionaire when they grow up? Practically none of them, when this is really the only true measure of immortal success.

How many of those kids become billionaires?
 
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