I think someone found the holy grail

Discussion in 'Trading' started by Dna7272, Apr 30, 2022.

  1. artak

    artak

    Well, he is started in April and almost all trades are buying Puts on SPY. Simply put, he rides bear market ))
     
    #61     Jun 17, 2022
    Dna7272 likes this.
  2. Dna7272

    Dna7272

    I think you are right, he mostly buys puts. Not the holy grail
     
    #62     Jun 17, 2022
    murray t turtle likes this.
  3. NoahA

    NoahA

    Doing only one thing works fine as long as you know when not to do it. Clearly when we get a solid bounce, it will be interesting if he stays out or gets wrecked.
     
    #63     Jun 17, 2022
    murray t turtle, Dna7272 and Axon like this.
  4. Dna7272

    Dna7272

    If he manages to finish this year at least with the same capital then he probably has something but at this point it's really hard to tell. But I would suggest that he will fail very soon
     
    #64     Jun 17, 2022
  5. artak

    artak

    It depends, for example buying Calls worked 12 years along ))
     
    #65     Jun 17, 2022
  6. bln

    bln

    There was a couple of +20% drops during that time that would have decimated a Call buyer and even more +10% declines.
     
    #66     Jun 17, 2022
  7. Exactly. This is a trader that trades momentum heavy. That's fine. Just know what it is.
     
    #67     Jun 17, 2022
    Dna7272 likes this.
  8. Pekelo

    Pekelo

    The first system what the OP mentioned is clearly a Martingale one. There is no other reason to use 1 unit in one trade and 160 units in the next one. Case closed.

    The second system with a 12 times return in 3 months is more interesting. He is heavily leveraging up using the gains, nice. I think he charges way too little. 100 bucks for 100% monthly returns? It should be the most expensive system on C2, easily 500+ monthly fee. It is better to have fewer subscribers who pay more than the other way around.
     
    #68     Jun 17, 2022
  9. Dna7272

    Dna7272

    The main question if he can continue this way. I highly doubt it. If he had a real edge that can make this big return he wouldn't need the C2 subscribers momey
     
    #69     Jun 17, 2022
    nooby_mcnoob likes this.
  10. People can be so stupid. Or naive and ignorant. If they want to be conned, and want the dream, ....give them the con and dream. Sell them the con and dream.
    I'm more upset at all the innocent sheep out there, rather than the wolves making the killings.
    If I were to ever go on C2...I would literally sell my system trade process for a million bucks. If they can pull it off, they'll more than make up that fee in less than a year.
     
    Last edited: Jun 17, 2022
    #70     Jun 17, 2022