What would you do if you discover the Holy Grail?

Discussion in 'Trading' started by jinxu, Oct 9, 2024.

  1. deaddog

    deaddog

    Isn't that why they are called black swans? I know with equities a trading halt occurs minute by minute. Not sure about other assets.
     
    #51     Oct 11, 2024
  2. jinxu

    jinxu

    [​IMG]

    Another good day
    Made 3 trades

    First trade was bad didn't follow my system rules and made a big loss
    2nd trade half follow system rule and caught a trend but then got stopped out was scared and broke even from loss
    3rd trade follow system rule and I said to myself I'm gonna follow my system rules for dealing with a trend and I rode it up until it was clear it was over and it worked

    So today, made money when following system rule
    Loss money when not following system rule.
    And this is good because I didn't get good sleep so I was working with a handicap.

    And before anyone ask, my account is lower this morning because Rithmic trader charged me their $50 fee last night :(

    I would have prefer that 1 trade instantly made me $34 millions but I'm happy for now with the system. But honestly it's intense and hard work imo.
    But I'm mad I got shaken out on the 2nd trade.
    However in the past whenever that happen I would revenge trade and lost money but this time I follow the system rule and it worked.
     
    Last edited: Oct 11, 2024
    #52     Oct 11, 2024
  3. SunTrader

    SunTrader

    Not sure what you referring to - minute-by-minute.

    Black swans are not predictable and happen at any time on any day in any market including when they are closed.
     
    #53     Oct 11, 2024
  4. Sekiyo

    Sekiyo

    Dude you had a balance of 186$ yesterday
    You’ve made 6.5$ or 3.5%.

    IMG_1528.jpeg

    That’s cool though,
    Keep on going.

    Or open a 50k / 150k TST combine,
    It costs 198$ / 298$.

    You need to 2.5x / 3x the account to get access to 2,000$ / 4,500$.

    Withdraw 50k (Max withdrawal) then trade your own account.

    There’s still a risk of losing your initial investment.
    Educate yourself about them before to take the leap.
     
    Last edited: Oct 11, 2024
    #54     Oct 11, 2024
  5. I tested a bunch of systems on Tradestation Portfolio Maestro, yearz ago, and it traded individual stocks with their own curve fitted trend following algos. Believe it or not, the backtest (not real money, live) results was a lot smoother than individual stocks. You could run this system with $30k starting capital, but that's a lot less than $200k/mo
     
    #55     Oct 11, 2024
    SimpleMeLike likes this.
  6. Good Morning Wide Tailz,

    Thank you for the answer.
     
    #56     Oct 11, 2024
  7. jinxu

    jinxu

    [​IMG]

    Made 1 more trade for today.
    Was loose on system rules with this one but accomplish my goal for the system which is making a 100% profit day using it.
     
    #57     Oct 11, 2024
    SimpleMeLike likes this.
  8. jinxu

    jinxu

    That's interesting and I heard about them.
    But aren't there others ones like Apex and Tradingday?

    I know man but Rithmic charged me $50 for their datafeed last night and it's crazy
     
    #58     Oct 11, 2024
    Sekiyo likes this.
  9. If you have the holy grail you have to trade it and get lots of money from it. Then invest this money in real estate for example. Otherwise speaking about holy grail: supply and demand in trading is quite close to the holy grail. I have been using some supply and demand indicators but one of the easiest to use is the one from trading2society.com
     
    #59     Oct 11, 2024
  10. Sekiyo

    Sekiyo

    Yeah 50$ is tough on small accounts.

    Apex is … likely a ponzi and I don’t know about TradingDay.

    Wish you the best !
     
    #60     Oct 11, 2024
    jinxu likes this.