KSK8
561 posts
msg #150103
- Ignore KSK8 |
1/4/2020 3:39:59 AM
NVAX:
Beware of playing the ones under $1, the whipsaw can be brutal.
RTTR:
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Village Elder
231 posts
msg #150177
- Ignore Village Elder |
1/8/2020 7:57:20 AM
Please check your latest results post - all seems to have been profitable when two are losses, and the net loss shows up as a gain in total equity.
Not a criticism of the system. Going forward I would rather see modest trade sizes (e.g., $10,000 per trade) as this is more realistic than thinking you can short $400,000 into a single penny stock. I know it is more of a demonstration than actual trading, but as such it would be more informative to see how the system works with smaller bets over time. Most folks would never keep going all-in as you are showing. Just a thought as we start off the new year.
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KSK8
561 posts
msg #150186
- Ignore KSK8
modified |
1/8/2020 1:39:05 PM
Village Elder,
1. It was a mere typo lol, it was meant to say "Gain".
2. I've never allocated $400,000 in a single stock because of liquidity reasons. But take note that I have been diversifying more since the portfolio is getting larger. But it is a thought I will consider.
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nibor100
1,103 posts
msg #150230
- Ignore nibor100 |
1/10/2020 9:57:33 AM
@ksk8,
Piling on here,
by my calculations of your transactions since Jan 6 your balance should be over half a million.
Ed S.
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KSK8
561 posts
msg #150256
- Ignore KSK8 |
1/11/2020 12:48:53 AM
You're right!
On January 7th I forgot to factor in the $18,000 and $17,000 profits.
Adjusted, the total equity should be sitting at $524,736.
However, I have enough confidence with my trading that I expect this portfolio to get there either way, so I'm fine letting it sit at $485,116.
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shillllihs
6,102 posts
msg #150415
- Ignore shillllihs
modified |
1/19/2020 7:31:49 PM
Just for discussion to make those uncomfortable with shorting feel better.
Hypothetically assuming you place a 20k trade shorting a stock how much of a buffer would you need to feel comfortable assuming some stocks can go up 600% or more. In other words what would be your account size or ratio.
Your system is ideal for someone who is broke ass with nothing to lose in case of a real bad spike, will they close you out before it gets real bad and or is there a way to get off the hook or set it up where they can't get your assets.
And I still contend since you are never really going All in in real life your return will be more in line with a decent long system without the risk of unlimited losses. For sure you will claim your system never losses 600% but it has lost 50-100% so it is possible. I mean if you were going to be honest you would say you might be playing 2-5% per stock plus subtracting borrowing fees. So what are you making then? That's the real deal.
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KSK8
561 posts
msg #150416
- Ignore KSK8 |
1/19/2020 9:13:56 PM
I've already warned about the brutal drawdowns and the risks it encompasses. But to clarify, there is not one stock from any filter I've posted which spiked even close to "600%" the following day.
That aside, note, I've capitalized multiple 10%er's in a row. I could allocate even a small fraction of the portfolio into candidates and it would still outperform practically any other system by a large margin.
If I really wanted to, I could probably reach #1 on that 2nd rate hedge fund site in just a few months.
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shillllihs
6,102 posts
msg #150417
- Ignore shillllihs |
1/19/2020 9:44:41 PM
Maybe you would make it top 1 in a few months, but even those 2nd rate members would sniff out the fact that it's a Monopoly Money system so you wouldn't make a dime.
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SFMc01
358 posts
msg #150843
- Ignore SFMc01 |
2/21/2020 12:12:51 PM
KSK8: Haven't seen any trades posted in almost a month. Are u still trading Shorts at OPEN?
Steve Mc
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KSK8
561 posts
msg #150847
- Ignore KSK8 |
2/21/2020 5:13:47 PM
Been on vacation.
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