Thank you Pekelo, WOWWW, $50,000 to $762,000 in about 3 months. Amazingly Perfect. I love seeing traders like this and great subscribers. The suggested capital needs to be about $200,000, would you agree. $200,000 drawdown so far.
1. It is called trading with the trend with high leverage. And obviously not perfect because of the July's results. 2. So you would have blown your 200K account out. 200K-200K=0 (had you subscribed at the high) Anyhow, I am done with this topic, we will check back at the end of the month...
True.I read on The C2 forum you can tell if they have a decent # of subs by looking at AUM and it used to showed how many auto subcribers a system had but I don't see it anymore. High Frequency Algo lost a lot of subs because he was on this list but not anymore https://collective2.com/datastudies/strategyAUM He still has some auto subs though with over a 1.4 mill under management.
He can't change. Finished July with -20% and the last 2-3 days of rallies resulted in -3% for Aug. One trick pony...
My strategy is a 100 times annual profit holy grail. https://collective2.com/details/141488554 My real times calls here on this forum: wmwmw 575 Posts 248 Likes SPX 4100 makes an exit signal if touched. SPX day low is 4110 right now. Last edited: Jun 1, 2022 #227 Jun 1, 2022 Report https://www.elitetrader.com/et/threads/prove-to-me-that-technical-analysis-works.367351/page-23 wmwmw 575 Posts 248 Likes wmwmw said: If you guys check my previous posts in this thread, I have accurately predicted the June market decline. Now I will make another call that will show how TA works. Friday 7/15/2022 is the day equity starts a short term up trend. It was the first day of an up trend. So how you profit ? Long spx, set a stop at Friday day low. 9 in10 chance the up trend will come true. In the 1/10 chance it fails, you have stop to cut your loss. https://www.elitetrader.com/et/threads/prove-to-me-that-technical-analysis-works.367351/page-31 wmwmw My system has an exit signal today. #567 Aug 19, 2022 Report https://www.elitetrader.com/et/threads/prove-to-me-that-technical-analysis-works.367351/page-57
It's too early to say that it's the holy grail. Based on your calls it looks like you you base your calls on long term support and resistance levels. They work well until they don't. In general your post gives me the same vibe as @stockpredictor had in his posts like https://www.elitetrader.com/et/threads/prediction-based-trading.351176/page-58#post-5641901 He was doing well and was bragging how good he and his system is until he lost a lot of money. After that lost he never recovered and gave up with trading. Be careful