Up 8,000% for the week

Ayn Rand · Aug 9, 2019

MKTrader said:
Friday night when the market is closed?

True markets closed. But life goes on. Going to be having lots and lots and lots and lots of fun.

Wake up in the morning and have a little more fun.

nooby_mcnoob · Aug 9, 2019

Ayn Rand said:
I do want to address this - "I actually have no documented strategy. Just lucky."

I have traded options for over 20 years. I should have been more diligent and recorded all kinds of data but I did not.

I just now look at a market and get a hunch. No one wants to hear that.

But if you have followed markets for over 20 years - GS for at least 5 - you have a feel.

There is probably a mathematically basis to it but when you are in the zone you are in the zone. If anyone can explain that. Great.

I was zoning out Big Time and loved it.

I made 100% today on my dinky $5K account so I believe you. Similar strat. I keep sweeping when it gets to $10K just because I'm afraid to scale manually. Currently automating parts of it so I can just put in a scale factor and pretend it's a video game.

MKTrader · Aug 9, 2019

Ayn Rand said:
I do want to address this - "I actually have no documented strategy. Just lucky."

I have traded options for over 20 years. I should have been more diligent and recorded all kinds of data but I did not.

I just now look at a market and get a hunch. No one wants to hear that.

But if you have followed markets for over 20 years - GS for at least 5 - you have a feel.

There is probably a mathematically basis to it but when you are in the zone you are in the zone. If anyone can explain that. Great.

I was zoning out Big Time and loved it.

Trading and drugs don't mix, man.

Give us a screenshot of this 8,000% gain...I'd like to see it.

Overnight · Aug 9, 2019

Ayn Rand said:
...
But if you have followed markets for over 20 years - GS for at least 5 - you have a feel.

There is probably a mathematically basis to it but when you are in the zone you are in the zone. If anyone can explain that. Great.

I was zoning out Big Time and loved it.

I respect that. There some days where I feel so "in the zone", and every trade feels right. And they work. But those days are rare for me.

If you found your zone with GS options, then keep at it.

nooby_mcnoob · Aug 9, 2019

Also, you need to have giant balls to trade GS options.

MKTrader · Aug 9, 2019

nooby_mcnoob said:
Also, you need to have giant balls to trade GS options.

Before we give this person any more accolades, remember this is the anonymous internet, where anyone can claim anything. Now excuse me while I cash out my week's winnings. I just love the look and feel of fat stacks of $1000 bills.

Ayn Rand · Aug 9, 2019

FYI - I still have a rather large GS position. I wanted to get out at 3:45 but could not and amazingly lost about 1000%. All of these options are for 8/16. If the weekend goes South I am in Big Trouble.

nooby_mcnoob · Aug 9, 2019

Ayn Rand said:
FYI - I still have a rather large GS position. I wanted to get out at 3:45 but could not and amazingly lost about 1000%. All of these options are for 8/16. If the weekend goes South I am in Big Trouble.

take your profit dumbass

destriero · Aug 9, 2019

I'll bet the OP his $400,000 that he cannot produce a brokerage statement with the stated return in GS vol.

Ayn Rand · Aug 9, 2019

I have all the money I need. If I make or lose a little money whatever.

FYI - I actually started this trade with 31 GS for about $6,000. I now have several 100 contracts

Contract numbers are a lot bigger now. More than I really feel comfortable with but it is what it is.

I can tell you this. When I watch my position value change it is really a rush.

i wanted to get out today but just could not. I have a strong feeling that GS can still run. Monday opens are sometimes good.