Picaso's Recent Activity

  1. Picaso replied to the thread Swing trader ….. $9K to $80M in 8 years.

    My bad, I missed your quotation marks. My point was that it's very unlikely he got that loss as some form of extreme drawdown in his...

    May 5, 2024 at 8:28 PM
  2. Picaso replied to the thread Swing trader ….. $9K to $80M in 8 years.

    Most people who blow up do so doubling down on losing positions. Doubling down of course works great on mean-reverting markets,...

    May 5, 2024 at 7:08 PM
  3. Picaso liked maler's post in the thread What's the maximum amount of leverage a trader should use?.

    There is probably a lot of wisdom concentrated in that answer. The right leverage depends on the strategy you are trading and on you own...

    May 3, 2024 at 6:12 PM
  4. Picaso liked mervyn's post in the thread ES Journal - 2023/2024.

    today’s 10s intraday high was 109’09.5, just few ticks above for 1 op if i were to close. pretty confident on the bond. no more rate...

    May 3, 2024 at 6:10 PM
  5. Picaso liked SunTrader's post in the thread Sales down? No problemo. Do a Buyback. Increase Div..

    If they have "something" in the works (killed Apple Car just a month ago so who knows?) coming to the marketplace soon and buying time...

    May 3, 2024 at 11:25 AM
  6. Picaso liked schizo's post in the thread Sell in May and go away.

    Not sure about going away in May, but you probably will wanna step aside in October. From my own experience, October has always been the...

    May 3, 2024 at 11:20 AM
  7. Picaso replied to the thread Gotta love ZERO RISK in the SP500 = $$$.

    I really hope - no irony here - that you're making hay while the sun is shining. :thumbsup: Nothing (good or bad) lasts forever.

    May 3, 2024 at 10:35 AM
  8. Picaso liked schizo's post in the thread Trading Basics.

    In 2005, someone asked me what I thought the best investment was. “Short the U.S. dollar or buy gold,” I responded—an unusual statement...

    May 3, 2024 at 10:32 AM
  9. Picaso liked schizo's post in the thread What's the maximum amount of leverage a trader should use?.

    Maybe I'm just retarded, but I can never think in terms of "x times leverage". For me, it's straight up lot size per trade (eg. 10 ES...

    May 3, 2024 at 10:28 AM
  10. Picaso liked Handle123's post in the thread What's the maximum amount of leverage a trader should use?.

    Scalping ES, I use 5K per lot.if markets ever close again like 911, I've good to recover. But for long term futures I use double...

    May 3, 2024 at 10:28 AM
  11. Picaso liked schizo's post in the thread Gotta love ZERO RISK in the SP500 = $$$.

    Well, first of all, job well done by the bulls today. But considering that we're at a critical point in time where a bounce is kinda...

    upload_2024-5-2_14-46-9.png May 2, 2024 at 6:20 PM
  12. Picaso liked hajimow's post in the thread Gotta love ZERO RISK in the SP500 = $$$.

    Fed might raise interest and market might go up. The reason -> investors are happy with the resilience of the economy and believe the...

    May 2, 2024 at 6:18 PM
  13. Picaso replied to the thread What's the maximum amount of leverage a trader should use?.

    You also have to consider short/long term, the type of strategy (and expected drawdowns), number of non-correlated strategies being...

    May 2, 2024 at 6:14 PM
  14. Picaso liked Real Money's post in the thread Chart a portfolio in TWS.

    Create a virtual security. Example: 200*"MSFT" + 300*"AMZN"

    May 2, 2024 at 6:08 PM
  15. Picaso liked murray t turtle's post in the thread Sales down? No problemo. Do a Buyback. Increase Div..

    %% THIS may not apply to AAPL. But the old joke question with a grain of truth, when ,oh when is AMZN going to turn around?? Answer,...

    May 2, 2024 at 6:05 PM