How to trade like a retarded genius - an actual strategy that works

Discussion in 'Trading' started by nooby_mcnoob, Aug 3, 2022.

This is so helpful

  1. Yes

    9 vote(s)
    40.9%
  2. Of course

    0 vote(s)
    0.0%
  3. Why are you gay

    14 vote(s)
    63.6%
Multiple votes are allowed.
  1. MrMuppet

    MrMuppet

    you. are. not. a. multi. billion. fund.

    Repeat that every time you switch on your computer. Write that down and stick it to the wall where you can see it when you're trading.

    A multi billion fund employs a horde of the best analysts and has their ears everywhere, you have not and that's why you cannot compete in these markets.

    They trade through venues you don't have access to, they execute by using tech you cannot afford. There is no way you outtrade them on a consistent basis.

    So for retail cash FX is an absolute no go
     
    #81     Aug 4, 2022
  2. MrMuppet

    MrMuppet

    that again is utter BS. You don't need liquidity and you don't need a lot of trades. You need to be the liquidity others execute against because then you set the price

    Why would you prefer a random price movement over a a position that is worth 200.000 US which you can get for 190.000?
    Are you willing to hold it and capable of managing the risk of your inventory?

    The reason you don't see these trades is because you have no clue how to evaluate what you are trading and that's why you gamble on direction.

    Timing is nothing, edge is everything
     
    #82     Aug 4, 2022
    Gambit likes this.
  3. easymon1

    easymon1

    That's a new one... pass the popcorn.
     
    #83     Aug 4, 2022
  4. zghorner

    zghorner

    holy shit thanks for posting those threads.
     
    #84     Aug 4, 2022
    MrMuppet and Sprout like this.
  5. Would it make any personal difference to you....if I said, and displayed, I banked two figures today, or six figures, or four figures, or seven figures, or three figures, or five figures,

    Numbers are designed to appeal to the small-minded, just like Ken Calhoun showing he traded 41 million in stock volume, but had no actual profits/or very secretive little profit.
     
    #85     Aug 4, 2022
    SimpleMeLike likes this.
  6. Overnight

    Overnight

    Yes, it would BIGLY, because YOU are the one who claims that if you just went long at X and exited at Y you would have 6 figures.

    Well, everyone can make that claim. If you bought at the June 16 low and sold now, you'd have 60 figures.

    It doesn't mean a damned thing, what you SAY! SHOW us, don't TELL us. Otherwise, have a steaming hearty cup of STFU.

     
    #86     Aug 4, 2022
    Laissez Faire and taowave like this.
  7. M.W.

    M.W.

    Except I have traded sizable volume for over 1.5 decades as retail and averaged around 20% returns every single year. Plenty enough for me given the stringent risk profile I operate with.

     
    #87     Aug 4, 2022
  8. Could you expand that 20% annual return to....35%.....66%.....98%.....149%.....288%.....471%....1,194%...,
    Crank up the risk/reward and skill factor to truly bank,
    Go from playing with sparklers, to creating a nuclear bomb -- it's possible with great timing, understanding, wisdom, process, observation, and options,
     
    Last edited: Aug 4, 2022
    #88     Aug 4, 2022
  9. taowave

    taowave

    You finally got one thing right..

    Trade as you suggest,and you are creating a nuclear bomb

     
    #89     Aug 4, 2022
    ondafringe likes this.
  10. If you are going to do something....do it grande, with ambition, TaoWave,
    [​IMG]
    https://www.cboe.com/us/options/market_statistics/
    The Holy Grail, or a nuclear bomb, of market money returns. Align that enriched plutonium around the core,
     
    #90     Aug 4, 2022