Prediction Based Trading

Discussion in 'Journals' started by stockpredictor, Oct 10, 2020.

  1. userque

    userque

    Maybe consider adding what the current average percentage per trade is somewhere.?
    I like the reference to the relevant post numbers. Nice work so far.
     
    #121     Oct 22, 2020
  2. I think the average %/trade wouldn't be indicative of the system, because the trade types differ. I also exit based on 'feel' as well. I also miss trades- Tuesday's AAPL low and today's AMD opening candle low, etc etc for example.

    Thanks.

    Hindsight again, but good thing I didn't hold TWTR or BABA. I'm sure I'll change my mind again.

    Thoughts going forward: the market hit the Weekly support level on the Dow's low today, which implies a move up. However, other markets need a good red day to get to respective levels and they are technically ambiguous. Ideally, they can all hit simultaneously (this week?) to do so. The divergence among indices favors the Dow for now, and I'd like tech to show more relative weakness to hit its support level, as well as the Transports to get the simultaneous hit. SPX is also a little further down, so a clear long signal may be generated. 405 on TSLA can be a nice trade as well, if the market tanks.
     
    #122     Oct 22, 2020
  3. 405 on TSLA approaching, get ready to buy. Will close today or early next week.
     
    #123     Oct 23, 2020
  4. After racking up a bunch more wins, I'll probably post elsewhere. I don't understand why a genius like myself is getting so few followers in spite of spectacular profits. I can only conclude that this place is not conductive to such things; the bulk was from elsewhere. I know what to do now.
     
    #124     Oct 24, 2020
  5. userque

    userque

    You have 5 closed, verified trades. Patience.

    If you stop now, you'll be labeled as someone that talked a lot, but ran away after 5 trades. The implication could be that you don't think your system is legit, and it can't continue it's current win rate, so you want to leave under false pretext to avoid being exposed.

    You made your bold claims. Back them up, regardless the number of followers. Your initial claims didn't mention a minimum follower requirement.

    I'd be satisfied if you did at least 20 trades. But if you want a following, you have to keep making calls. Five trades won't do it.

    [​IMG]
     
    #125     Oct 24, 2020
    rb7, Amatrue and stockpredictor like this.
  6. True, I meant that I need to add a bunch more before I do. We'll see how it goes. I also think that, even if there are a lot of wins, volatile conditions are needed to prove more.
     
    #126     Oct 24, 2020
    Amatrue and userque like this.
  7. userque

    userque

    Then keep calling until you get the conditions that you feel best illustrate your prowess.

    This record you are creating is verified and permanent; and will last for as long as this website lasts.
     
    #127     Oct 24, 2020
    Amatrue and stockpredictor like this.
  8. SPX hits 3380 or so, I'll long QQQ for a swing.
     
    #128     Oct 26, 2020
  9. Long QQQ at 278.29
     
    #129     Oct 26, 2020
  10. Closed at 280.60. Would probably have held overnight had I not went all in. Jackpot!
     
    #130     Oct 26, 2020