Get long

Discussion in 'Trading' started by destriero, Dec 20, 2021.

  1. easymon1

    easymon1

    He's my neighbor's kid.
    Made a couple hun on youtube.
    Bought Bitcoin@3000.
    Sold Bitcoin 50,000.
    Bought Apartment building.
    Lives in the utility closet and trolls ET.
    When he moved outta the neighborhood values went up by 30% overnight.
     
    #421     Sep 20, 2022
    Sekiyo likes this.
  2. Sekiyo

    Sekiyo

     
    #422     Sep 20, 2022
  3. destriero

    destriero

    Outperf

    Screenshot_20220921_145809_thinkorswim.jpg
     
    #423     Sep 21, 2022
  4. Overnight

    Overnight

    So you make ~200K yesterday and lose ~11K today? MacBookProHo is going to rip you a new one, because he will say that the loss should not happen and that it is no way to become a millionaire. You should see him salivating on some other thread about some guy who trades 20K contracts per month mostly in ES/NQ with no mention of PnL, and is asking about a seat lease at the CME. I guess to him that is the pinnacle of success.
     
    #424     Sep 21, 2022
  5. destriero

    destriero


    The dude is a loser. He is allergic to money. It doesn't really matter what he thinks, right?

    "Admit nothing, deny everything; demand proof and then refuse to accept it"
     
    #425     Sep 21, 2022
  6. Overnight

    Overnight

    Just a forewarning that you might see that nonsense from him here soon. It is his pattern. Then I can watch you squash him like the cockroach that he is.
     
    #426     Sep 21, 2022
  7. Dessertriero doesn't make 200K per day on average from the market, nor 100K, nor 50K, nor 30K.
    His claim to fame is making 900K, or a 12% return, on one trade years ago out of the blue moon anomaly that he brags about.

    To be a considered a successful trader you need to be relatively consistent. Accomplish that feat and those trades regularly. No one hit wonders in account histories. Imagine holding Bitcoin from as high as 70K down to 20K...someone must be kicking themselves in the ears.

    Overbite, how about you... :) I can't insult you....you're already beaten down and gang raped by the market since day 1, continue to gamble and guess in your own ways.
    ET...every head reminds me of a pool table ball, solid and dense inside and self-righteous and stubborn and close-minded.
     
    Last edited: Sep 21, 2022
    #427     Sep 21, 2022
  8. NoahA

    NoahA

    I wanted to comment earlier that I found this YTD stat quite interesting. I know you're trading a 7 figure account, so 52% is huge, but what I really like is that it puts into perspective the gains that you do post. Since you're mostly posting 2% gains (which are likely the outliers), it means that your distribution must be anywhere from maybe -2 or -3% to +2 or +3%. Even if you were getting just +1%, the fact that you're up "only" 58% means that you'd need only 58 days to accomplish this, or rather, most days don't break 1%.

    I know this mental gymnastics sounds crazy to you, but what this shows is that most days you're grinding it out like everyone else. There have already been about 150 trading days this year, so the average is really only 0.3% gain per day. Clearly even 0.1% is huge on a 7 figure account, but its obvious that anyone expecting 2-3% per day, and thinking they can compound this to the moon, is probably in for a harsh lesson.

    Is there any more detail you would like to share about the distribution of your wins/losses?
     
    #428     Sep 21, 2022
  9. destriero

    destriero

    lol that thread shows three trades over $500K for the month; one showed an unrealized gain of $2.4MM. Million. Obviously it was a 22 share short on MRNA.

    TBH, I was hyper-aggressive as I had a large looming tax payment on an extension and I had to pay or lose on a San Diego property call option. I have not repeated the performance, but this dbag and his performative bullshit having never posted a single trade of PNL figure.

    My point is more that Ho is a cunt and a fraud, and less that I am a BSD.

    WTF am I kidding? I am the best any of you have ever witnessed. I make Dodgers bench reliever money from my recliner. This is not sarcasm/trolling, whatever. I am objectively world-beating.

    https://www.elitetrader.com/et/threads/dests-everything-journal.332136/page-13#post-4861667
     
    Last edited: Sep 21, 2022
    #429     Sep 21, 2022
  10. destriero

    destriero


    My average day (solved from compounded return) in 2019 (record year) was $35K. I am a grinder in low-freq. The difference between pre/post 2018 Dest was a move into net long vol/tails.

    "I am Vishnu... destroyer of counter-parties!"
     
    #430     Sep 21, 2022
    NoahA likes this.