Prediction Based Trading

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

  1. Could you clarify? I have the post# written in the rows for each trade on entry and exit. So if you go there to check the post # in the thread, you can see when I called an entry, and the exit.
     
    #351     Feb 21, 2021
  2. caroy

    caroy

    Thanks for following up. I will go back and look. My presumption was the screen shot were all trades from the date of last Friday and as I'm looking at them it was odd because some of these entries and exits weren't in line with prices from that day. If this sheet has trades on it from other dates weeks ago etc. then it makes sense.
     
    #352     Feb 21, 2021
  3. so have you gotten a loan?

    You need to not tell the bank what you really using it for. You need to scam them in a legal way, which is possible. I have done it on a lot of things - doing things to your advantage while remaining "technically" legal.

    Are you in a position to get ANY type of loan? Biz loans are hard to come by just generally speaking. Personal loan at all? How many credit cards can you get and max out? In a position to buy a house and use some of that money as trading bankroll?

    If you are that confident in your trading abilities - sign up for classes somewhere and take out as many loans as you can for the maximum amount. IF you want a constant supply of money do good enough in the classes to not be put on academic probation. If you have enough the first go around, then just dont go to class and pay it off when you make the money back. If you want more, rinse repeat.
     
    #353     Feb 21, 2021
  4. I just want to be straight forward, not even this legal scam stuff. It shouldn't have to be so difficult. I'd also rather get a big chunk from one place rather than a bunch of cards n stuff. Keep in mind, the mental aspect of a bunch of credit card loans.
     
    #354     Feb 21, 2021
  5. It shouldnt have to be difficult but that is the reality. Im being pragmatic about the situation, you are being idealistic.

    practically speaking, no one like a bank is going to give you money. The reality is, it is hard to obtain financing in general, but especially with a person like you. No collateral, no experience managing money, no real business, not doing it long enough to know how you are when tough times come, no real skills in life or socially. Because if you had real skills you wouldnt be out of a job. I could go on, but hopefully you get the point.

    There is a way you want to do things in life, and then there is a way to get things done in life at any reasonable/legal cost. I like to get things done even if it isnt how i envisioned it happening.

    Lastly, the mental aspect of credit card loans shouldnt be a problem if you are as good as you say you are. Take a chunk of earnings each month and apply to the balance. Get as many on a 0% as you can - if you can.
     
    #355     Feb 21, 2021
    rb7 likes this.
  6. easymon1

    easymon1

    Have you posted a performance summary for a segment of time where the Trade plan rules have been unchangingly cast in stone?
     
    #356     Feb 21, 2021
  7. Nope. It does well but I don't know anything about metrics or testing performance. I pretty much spent all my time to the exclusion of all else on pure technical analysis (and writing novels).
     
    #357     Feb 21, 2021
  8. You're not wrong about any of that. It's all true.
     
    #358     Feb 21, 2021
  9. Just an another example (it will not be put in the chart because I did not call the entry), according to the system, JNJ should move up on Monday. So here, I would either break even if JNJ opens under 163.66 and moves up intraday to 163.66, or make a profit if it opens above. The probability that JNJ opens underneath and does not hit 163.66 is extremely low. Not trying to prove a profit on this one; it is just demo purposes.

    Remember, ALL trades are 0-1 day holding period. Some people said I could hold and not make a loss and thus the record would look good but not practical in real life, but that is not true. The system has a 0-1 day time limit regardless of win or loss.
     
    #359     Feb 21, 2021
  10. short NVDA 595
     
    #360     Feb 22, 2021