For profitable traders only...how much is your strategy worth?

Discussion in 'Trading' started by vincentnyc, Feb 2, 2019.

  1. tommcginnis

    tommcginnis

    Okay -- some thoughts:
    ☼ This is like one of the *coolest* threads this year. I know it's only February, but shit.
    ☼ You guys have (collectively) hit on about every real, *material* concern to be raised --
    ☼ you've tossed it all back and forth -- *great* give-and-take..... but...
    ☼ HOW HAS NO ONE YET BROUGHT UP DRAKE???
    https://en.wikipedia.org/wiki/Drake_equation
    I mean, it's ALL there -- all these past 8 pages of comments -- in there somewhere.

    Great job, all.
    If you look at Drake, it'll have it all: just substitute "Viable Market Price" for Life -- and whittle the universe down until it fits. Plug in the numbers, and voilà.
     
    #81     Feb 3, 2019
    OSN_invest and sle like this.
  2. fan27

    fan27

    Will do...at which time my product will be fully launched, have way more features and the new price will be $10k with yearly licensing fees.

    Enjoy!
     
    #82     Feb 3, 2019
  3. themickey

    themickey

    After one year should @fan27 have spectacular results, the selling price may quadtruple.

    Ahh, just beat me too it...
     
    #83     Feb 3, 2019
    fan27 likes this.
  4. $2 million
     
    #84     Feb 3, 2019
  5. schweiz

    schweiz

    Are you really trading??? The last quarter of 2018 was the best for many years in futures ES. Far easier than jan. I think there is a thread about how good october was.
     
    Last edited: Feb 3, 2019
    #85     Feb 3, 2019
  6. schweiz

    schweiz

    No, but you need a lot of practice as you need to master the discretionary part very well. For me it works well, and replaying the same periods over and over again give roughly each time the same result. No relevant differences. So fairly predictable. I see that applying the rules can sometimes give a different trade but as it happens in both ways (profit and loss), they compensate each other and the result does not change a lot.
     
    Last edited: Feb 3, 2019
    #86     Feb 3, 2019
  7. i trade stocks....mostly stocks from the russell 2000. i do day/swing trade. some of the recent stocks i traded as example are: ehth, cron, cgc, amd, twtr, twlo, mtch, beat, nvcr, mrtx, stor, nyt, etc.
     
    Last edited: Feb 3, 2019
    #87     Feb 3, 2019
  8. schweiz

    schweiz

    Oh, I understand. I was purely speaking about futures.

    Fan27 was also speaking about futures, not stocks.
     
    #88     Feb 3, 2019
  9. smallfil

    smallfil

    Considering top hedge fund managers who actually trade the stockmarket earn billions of dollars from their fees plus 25% of their funds earnings, why would they give the store away? If you want a piece, they will demand tens of millions of your monies charge you fees on top of their 25% of the earnings. You will get a decent return on your monies which is pretty much it.
     
    #89     Feb 3, 2019
  10. Turveyd

    Turveyd

    I've weirdly made a bunch of newbies profitable over the last 10+years and so far I've charged, £0.00.

    Issue is I could teach you how to trade the current market conditions on say YM fairly easily, but when the market conditions change, then your kinda stuck!!

    Never found a long term solution, it's crack it, make some, give some back and re master new conditions, repeat, hard work!!
     
    #90     Feb 3, 2019
    Overnight likes this.