Prediction Based Trading

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

  1. I considered that too. I remember those too ones still floating up there. Another thing was that they failed to scale and just sunk back down; returns can slow as in the Avi Butz strategy. There may be more info in the forum section of C2 of historical top performers. Also, C2 penalizes new strategies, so I am not even C2 ranked yet. But metrics wise, one subscriber told me I'm already in the top 50 YTD, which isn't that hard tbh.
     
    #511     Mar 26, 2021
  2. #512     Mar 29, 2021
    Amatrue, userque and guru like this.
  3. Fun while it lasted, but I'm trading with big now (7s), don't wana get distracted with anything else. Perhaps this will be the end of the thread
     
    #513     Mar 30, 2021
  4. Getting like 4 people on C2 asking me to keep going with it because I made them a decent amount quick... I wonder, maybe I could use C2 with Auto-Trader in conjunction with the account I'm trading right now. But with a bigger scale obv
     
    #514     Mar 31, 2021
  5. Up 1% in 2 days. Bit frustrating as I missed the precise entries on JNJ and TWTR; system caught the TWTR high but it moved quick so I was half a percent off where I wanted it, so I closed it for small gain quick. There was a decent chance it would move down a lot, as historically we can see this does well with volatile things for large moves... it did.
     
    #515     Apr 1, 2021
    Dna7272 likes this.
  6. [​IMG]
    Biggest trade I've made so far...holding into tomorrow, let's see what happens.
     
    #516     Apr 5, 2021
    guru likes this.
  7. userque

    userque

    What percentage of your total C2 balance does that trade utilize?
     
    #517     Apr 6, 2021
    stockpredictor likes this.
  8. It wasn't C2; trading with a friend and I get a cut. That was all in.
    [​IMG]
    Shorted SNAP at 58, this represents the biggest gain so far. (I closed the SPY trade for negligible profit)
     
    #518     Apr 6, 2021
    Centuria100 likes this.
  9. userque

    userque

    There are old people.
    There are fat people.
    There are no old, fat people.

    If you trade long enough, you'll run into a black swan event. And when you do, there's a 50/50 chance you'll be on the wrong side of it.

    You may consider calculating a maximum allocation you are willing to utilize, that takes into account the possibility that you'll end up on the wrong side of a black swan event.

    Sept. 11, 2001 was such an (market-wide) event, for example.
    Catastrophic news events can cause black swan events for particular, individual instruments.

    Pay me when you get on your feet.
     
    #519     Apr 6, 2021
  10. My grandma is fat and very old. But, she was super healthy in the old days.

    Actually, I didn't even want to hold so much and for SPY I didn't want to hold overnight. But my friend was saying it could be $X gain if SPY crashes etc and I just held for a hope. He was also saying if I could get 10% a week because I showed my old statements. Of course its possible but very risky, not being as aggressive in there... I traded small at first to build up a profit cushion then traded bigger. Won't trade anything more than 3:1 leverage.

    I'm in front of the screen during a trade to smash the out button if need be. I usually try to avoid overnight risk when I can.
     
    #520     Apr 6, 2021
    Amatrue, guru and userque like this.