Tomorrow will be a BRUTAL day in the market

Discussion in 'Trading' started by SoyUnGanador, Sep 15, 2022.

  1. Let's see the trading stats.....shall we ?
     
    #81     Sep 18, 2022
    NoahA likes this.
  2. I fail to see how is looking at my stats will help you make any money?
     
    #82     Sep 18, 2022
  3. SunTrader

    SunTrader

    Right, if it hasn't help you why would it help anyone else.
     
    #83     Sep 18, 2022
  4. why would you assume it hasn't help me? here is my trading account size as of today. is this gonna help you or anyone to trade like me? everyone trade differently. what works for me may not work for you.
     
    #84     Sep 18, 2022
  5. Good one....an evasive technique. Stats just confirm what you are claiming, that's all.
    22 green days in a row could mean $50 profit per day on average.
     
    #85     Sep 18, 2022
  6. maybe less or maybe more. That’s for me to know and for you to find out.
     
    #86     Sep 18, 2022
  7. I don't know much about that, nor do I care (no offense). My point was merely that it's easy to get blinded by a high win rate. Profit factor/expectancy is much more important.

    I've had long winning streaks myself where I gave up most of it on a few bad days. The simple reason being that my winning trades/days weren't that big, so when a losing streak came along it didn't take much to wipe out my tiny gains.
     
    #87     Sep 18, 2022
  8. true...one bad mistake can wipe out your all your winning streak.

    i was shorting the stonk market these few weeks. beside trading from 9:30 am - 4 pm est everyday. i also have a full time 6 figures IT job and doing food delivery with door dash and grub hub on the side. i was trading between sqqq/spxl. i forgot which one i traded...but it was big size...i had one trade went against me and refuse to cut the loser and it was late in the morning. and my phone rang with a door dash order and i went to do the order. came back in the after noon and i went from mega red to green for the day. i know i was lucky...but i wrote it on my journal entry that next time i wont do it again. funny story but it is true. but so far this year...trading this strategy, i'm green for how many days in a row already. this is one of my many strategy. my swing strategy ain't doing that well and so is my 401k....both are in the red for the year. but this day strategy...i'm up 7% year to date.
     
    #88     Sep 18, 2022
    Laissez Faire likes this.
  9. easymon1

    easymon1

    a) What percent of your time is devoted to 1) getting ready to, 2) doing, and 3) decoupling from doing door dash and grub hub?
    b) What percent of your income is derived from doing door dash and grub hub?
    c) Why do you do it?
     
    #89     Sep 18, 2022
  10. trading the spy...i don't spend too much time....i wake up around 7 am to get ready for work...look at the futes for a few minute. then from 9:30 am - 4 pm...began to trade...if i have dead time with my full time IT job. I average about 20 - 40 trades per day depending if i'm busy with my full time IT job and side gig hustle for food delivery with door dash or grub hub. if spy is acting gay with side way action, i do my trading journal on my trade and analyze my trade in real time while i wait for the right opportunity to trade my setup. i'm done with my trading journal before 4 pm est. so i don't look at the stonk market again until next morning.

    last year i made around $30k doing ubereat, door dash and grub hub. but not so much this year. i got deactivated by ubereat, but that is another story. so i'm only doing door dash and grubhub now. and ytd to for this year, i'm only made about $4,749. either food delivery business is getting slow or saturated with drivers this year or maybe i cherry pick the only good orders.

    i do food delivery at first to get out of the house and to get some exercise. but now i just like it. i don't know if it is the extra money or what. but it is addictive just like trading.
     
    Last edited: Sep 18, 2022
    #90     Sep 18, 2022
    easymon1 likes this.