It all comes down to what I am comfortable with. One of the Market Wizards said we all get what we want out of the market. So true. In sim my...
Not really: https://www.penguinrandomhouse.com/books/72469/only-the-paranoid-survive-by-andrew-grove/ Andrew Grove, one of the founders of INTC:...
Yes but too much trouble trading both at the same time, hard to fit it in and I don't hold SQQQ, can't trade around it.
I hpoe you are right.
Hard to write down gut feel and discretion.... One of @VOLdemort's criticisms on this approach.
I won't annualize it. A few more 2-7-25 will destroy the statistics. Judging from current events, we know they will come.
I am a fat tail hunter in options. :cool: In day trading, fat tails chased me. :banghead:
Funny you mentioned him. He was the one who said don't use SL and I listened. :D:banghead: But it is OK, I took everyone's advices, incorporated...
Yes, and a SL won't help because I don't think there was anyone on the other side until at the bottom of the drop. The only thing that I should...
Thanks. I appreciate your comments and helpful suggestions. I may just accept it as the cost of following this approach and willing to take a big...
I may eat like a bird and shit like an elephant but for a newbie day trader, I am not ashamed of the results.
volatility
Sorry, not going to show my trades.
[ATTACH] After some small scalping profits, it dropped like a rock, without SL and unable to short, ran out of funds to average down. No way to...
One more point: I trade around my long term holdings to improve their returns. Typically hold 80-90% and trade in and out with 10-20%. For a...
Fortunately, all wasn't lost. Next day, big up day and made back most of the loss by letting profit ran.
DeepSeek announcement and all megnificent 7 dropped like a rock, took the index with them and didn't come back up at tne end of the day. Averaging...
Read @volpri's journal, he explained in great details. Because it takes discretions, no two recipes are alike, you just have to fine tune it to...
I know SL should be tied to Vol, but how much? Too low, get stopped out, too high, not useful... SL also won't protect me in a black swan event,...
Which is what should the value of SL be? You know the answer? Please let me know. Thank you.
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