Traders That Beat The System.

Discussion in 'Trading' started by BearTrades, Mar 28, 2020.

  1. schizo

    schizo

    Sure. They just won't tell you about it and you will never know. End of the story.
     
    #11     Mar 28, 2020
    MrAgi1, Hivey, wave and 2 others like this.
  2. SanMiguel

    SanMiguel

    Yes 10% of traders have
     
    #12     Mar 28, 2020
    Axon and lovethetrade like this.
  3. cvds16

    cvds16

    more like 3% at best ...
     
    #13     Mar 28, 2020
  4. dozu888

    dozu888

    how many years in a row has the GS trading arm been profitable?

    my boyz never lose.
     
    #14     Mar 28, 2020
  5. Dude, what is "GS trading arm"? GSAM? ECM/DCM?

    They would be your boys if you had ever worked there. Have you? Yup, thought so.
     
    #15     Mar 28, 2020
    gmal, Spooz Top 2 and Real Money like this.
  6. guru

    guru

    Since we’re not talking about zero losses but “beating the system” then maybe @destriero would qualify since he had like 10x higher profit than drawdowns. Too bad the guy appears to be dead now (suicide?).
    While even Renaissance’s Medallion had large drawdowns, implied by the recent book.
     
    Last edited: Mar 28, 2020
    #16     Mar 28, 2020
    ITM_Latino and ironchef like this.
  7. IAlwaysWin

    IAlwaysWin

    He's out there lurking, thinking of the best ways to take over the world right this second.
     
    #17     Mar 28, 2020
    ITM_Latino likes this.
  8. cvds16

    cvds16

    As far as I know he just changed his nickname again. Couldn't say to what however. He used to have another one too ...
     
    #18     Mar 28, 2020
    guru likes this.
  9. Spooz Top 2

    Spooz Top 2

    No Risk... No Reward!... It`s Not about No losses... No such thing! There is always an acceptable risk/ acceptable loss in every single business endeavor, no mater what it is!
    The key is how one mitigates ones risk & maximizes their strengths/ winners!

    If you`re seeking the magic key/ formula to the market that doesn`t allow a loss... let me save you the suspense, it does not exist... embrace the risk & mitigate your losses!
     
    #19     Mar 28, 2020
  10. trdes

    trdes

    Has someone figured out how to basically not lose? Yes, absolutely. Particularly traders who have been successful for a long time. For example they could go long NQ and knowing even if it went to 0(if it did they'd have bigger problems anyways) that they still would be fine, due to all the gains they had in the previous years / decades.

    So they basically can just go long and defend there long until it's profitable. Now add in good technical read and ability(and proper understanding) of when to average into the long and it's very very difficult for someone like that to have a losing month or even day.

    As far as 100% win rate. No need to discuss that, because it's impossible to have a 100% win rate and make any type of consistent returns relative to your account size. All it would take is just once to get caught in a long or a short and there goes your 100% win rate unless you wait years for the position to come back and get out.... just to say your win rate is 100%.
     
    #20     Mar 28, 2020