Prediction Based Trading

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

  1. userque

    userque

    Yes.

    Collective2 is one example.

    WTF do you mean you don't know how to go about it? You're a trader. We traders figure shit out.

    I highly recommend you get on C2 asap.
     
    #241     Dec 2, 2020
    stockpredictor likes this.
  2. I did a bit more reading on C2. The main dealbreaker for me is that it's a subscription model rather than % of profit. The performance of the top strats there are only like 200-300% a year gains. Looking at the numbers, the top priced subscription is $595/mo, with most around $150-$200/mo. I don't know how many subs they get, but reading the creator's article on C2: he says imagine getting $150/mo with 20 subs ($3k/mo) which I assume is average-ish. Even in a best case scenario of $595*20 subs= $11,900/mo. I can make way more than that in a day with the big account.

    If there was a thing that would pay out a % of the profit, I'd be interested.
     
    #242     Dec 2, 2020
  3. userque

    userque

    Suit yourself kid. Like most kids, you're tripping over your own dick.

    We'll talk again in 10 years about it.
     
    #243     Dec 2, 2020
  4. I no understand.

    Also, I'm not a kid, I'm an infantile baby. In ten years, I'll be a kid.
     
    #244     Dec 2, 2020
    userque likes this.
  5. 49.16 short UAL here
     
    #245     Dec 3, 2020
  6. Out for a loss at 50.35
     
    #246     Dec 3, 2020
  7. [​IMG]
    Chart as shown
     
    #247     Dec 3, 2020
  8. Ok I made a collective account, but because it tracks performance merricks for me. There's a trial period so I'll see how that goes, and we'll go from there.
     
    #248     Dec 4, 2020
    userque likes this.
  9. userque

    userque

    Give it six months ... I suspect you'll get paying subscribers by month three or four.
     
    #249     Dec 4, 2020
    stockpredictor likes this.
  10. One strat I use to sell premium is the 0-1 day DTEs on the S&P, which are available every day of the trading week. Going for straddles most of the time. I like to see divergence in tech and Dow, in general. If one goes up and the other down, that helps imply S&P stays flat. These decay very rapidly and both legs typically turn profitable the same day.

    I don't hold overnight, I don't hold till close. Here's a current position as shown:

    [​IMG]
     
    #250     Dec 4, 2020