How to track the "smart money"?

Discussion in 'Trading' started by farmerjohn1324, Aug 29, 2022.

  1. 25 wins and 3 lost so far in shorting the stonk market....and 1.5 hours left before closing....loving it!
     
    #121     Aug 30, 2022
  2. 28 wins and 3 losses so far....
     
    #122     Aug 30, 2022
    easymon1 likes this.
  3. 29 wins and 4 losses so far...
     
    #123     Aug 30, 2022
  4. 30 wins and 4 losses for the day on my shorting the stonk market strategy....now going to my earning play strategy for some of the stonks that are on my watch list.
     
    Last edited: Aug 30, 2022
    #124     Aug 30, 2022
  5. smallfil

    smallfil

    Hedge funds are elephants in a pond. They cannot move out of their positions fast like retail traders do due to their size. If you were trading tens of millions or hundreds of millions all at once, you would get returns in the range of maybe, 20% as the top hedge funds do. You would probably, need atleast, 3 months to get in and out of any position. A good retail trader will get larger returns and better performance because he does not need to deal with the problems of size. He can get in and out of positions very easily.
     
    #125     Aug 30, 2022
  6. smallfil

    smallfil

    Do not know what a Commercial Hedger is. Is that the same as banks, brokers, hedge funds, mutual funds) that hedge their positions? Hedge funds by their name itself implies they employ some hedging strategies. Maybe, not all the time, but, depending on the market conditions.
     
    #126     Aug 30, 2022

  7. First things first ............. Commercial Hedgers are NOT what me and thee call Hedge Funds

    The latter are SPECULATORS, the former are not.

    Study this for further insight .............

    https://www.investopedia.com/terms/... commercial hedger is an,of a good or service.
     
    #127     Aug 30, 2022
    smallfil and Darc like this.
  8. #129     Aug 30, 2022
  9. What I've discovered at ET about the real state of affairs in trading, has been attempted by one or more authors in the past but they never succeeded because they did not know trading and could not spend the time therefore to get into the nitty gritty on a daily basis by reading what people wrote.

    I believe some others here at ET have guessed that forums are full of sh*t but perhaps they would back off from saying that about ET.

    But by being a trader myself and taking gobs of time to search and read posts and find nuggets I have been in a unique position to discover the following


    (1) I am a Loser and belong with this site of Losers call ET aka Loser Central

    (2) Nobody wins here in the long run. All are broke to the bone

    (3) Small time nickel and dimers abound. I figure 2k -6k accounts tops. All grossly undercapitalized

    (4) If compared in a parallel manner to the Universities of the world, ET would be considered Kinder Garten

    (5) There is only one difference between me and all the others here. I have money but being here for a long spell guarantees I will lose it all. why? the forceo f Misery loves company is too great to thwart off. I will die too the longer I stick around. the problem is I like it. But I know it will and can kill me.

    (6) To have a chance of survival I will have to get out no later than December this year.



    These secrets have not been divulged to any person outside ET by me. They never will be. Its too goddamn heartbreaking and shattering to witness so much DEATH and stupidity all in one place



    The ET song applicable to all traders INCLUDING ME, the biggest loafer of all



     
    #130     Aug 30, 2022
    Darc likes this.