Is that what you do?
Tired of losing money every trading day
- Thread starter Lord Darkseid
- Start date
Nope. The "strategy" of believing that all dumb strategies "are break even eventually" is a guaranteed loser.
Big clue:
“Markets can stay irrational longer than you can stay solvent.”
-- J.M. Keynes
And the one time that it doesn't stop out, the chances of it also going 100 ticks in the other direction are basically non-existent.
If that doesn't make you see it yet, try @ES with a 1 tick stop and a target at $1M. Still think this is going to "break even"?
Kind of. I'm more of a stop and reverse kind of guy.
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PSSST. Dude, you're spoiling my game here - I about had him ready to bet!
Maaaan... you and I could have gone halfsies and Rocked. His. Shit. I'd have even picked up the bar tab.
I would normally advise you to "do the opposite" of whatever you think you might wanna do, but looks like you already tried that and are still losing.
In this case you posses a special, valuable skill which you can rent for money. You're a "reverse indicator", people would pay you to pick the absolute worst trade selections. To know what THEY should not do.
Have you bought SPY recently? If so you might single handedly be responsible for the worst week in recent years
No.
Images attached to a post aren't evidence that your strats are consistent losers net of transaction and financing costs. Claims should be replicable and verifiable by any domain expert. If you want your claim to be taken seriously, post the code and specify the instrument traded.
Here’s two strategies
buy on the offer. Sell on the bid. Over and over again.
Sell atm puts in massive size (keep scaling if you are earning) so that eventually you get stopped out on a big sell off.
Gamblers ruin guarantees you will lose everything eventually. There’s no opposite to it.