Project X

Discussion in 'Journals' started by marsman, Aug 8, 2016.

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  1. marsman

    marsman

    I have been invited to a river boat trip somewhere in Germany next week by the owner of the motor boat. I said I'll attend.
    I'll post some photos then... :)
    These are the first signs that I get invited into the world of the higher society... :)
     
    #21     Aug 10, 2016
  2. marsman

    marsman

    Good news:
    Someone wants to invest in us 500k or 1M (unclear yet). But he wants to test it first with just 10k for some weeks. Not the performance, but our honesty I think.
    That's ok for me.
    But I couldn't reach my trading-partner yet... :finger: (it's deep in the night here right now)
     
    #22     Aug 10, 2016
  3. marsman

    marsman

    I reviewed all the private conversations and it is 0.5M, not 1M. That's ok for me.
    It has not started yet. I guess the potential investor is doing some background checks on us :). That's of course ok.
     
    Last edited: Aug 11, 2016
    #23     Aug 11, 2016
  4. marsman

    marsman

    Performance after the first 4 days since starting the live trading:

    perf_after_4_days.png

    Incredible! 42% in less than a week!... :D
    Is this just luck? You decide! :)

    .
     
    Last edited: Aug 11, 2016
    #24     Aug 11, 2016
  5. marsman

    marsman

    Btw, one thing I have not been accused of yet is insider trading.
    But I'm sure someone will just come up with even that... :)
     
    Last edited: Aug 11, 2016
    #25     Aug 11, 2016
  6. Quiet1

    Quiet1

    Not sure what you expect people to say. What do you think the p&l profile of a 99% win rate system looks like? It looks like your p&l. Doesn't mean it has as big an edge as it appears to the layman. As I said before this kind of trading does have an edge, it's just not as nearly as big as you think it is.
     
    #26     Aug 11, 2016
  7. marsman

    marsman

    What is your definition of big in this context?
    I said that my goal is "just" 30% per month, but as we see I did and do even much more. Maybe luck, maybe not, who knows?... :)
    I know for sure that it's not pure luck, but rather strategy.
     
    Last edited: Aug 11, 2016
    #27     Aug 11, 2016
  8. Quiet1

    Quiet1

    I'd hope your already familiar with them but if not have a good look at the return profiles of "option write" strategies for whatever CTAs you can find performances of. Try http://www.ansbacherusa.com/ for example. S&P 500 put writer mainly I think in the past. That's what your p&l profile will look like, except yours will be much more extreme.

    Good luck.
     
    #28     Aug 11, 2016
  9. marsman

    marsman

    Thx. Not bad, but I think they could do much better... :) :

    ansbacher.png



    Thx! :)
     
    #29     Aug 11, 2016
  10. newwurldmn

    newwurldmn

    I'm really perplexed how OP could earn 60% in a week selling weekly options. There isn't enough premium and margin on reg-t would prevent you from getting size. Further those options haven't expired yet, so those earnings could largely come from theta - meaning OP is running like 3x that in short premium.
     
    #30     Aug 11, 2016
    NoBias and gkishot like this.
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