KSK8
561 posts
msg #147279
- Ignore KSK8 |
4/9/2019 10:46:28 PM
Lapre506,
I have been using a different and better filter, for obvious reasons. I've mentioned so in a prior post. As for VTL, had you kept playing the filter, you'd be surprised of how quickly you'd recover from such a loss.
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olathegolf
119 posts
msg #147281
- Ignore olathegolf |
4/10/2019 12:38:28 AM
Are you also using different exit criteria than EOD? Looks like your VTL exit was close to the low for the day.
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KSK8
561 posts
msg #147293
- Ignore KSK8 |
4/10/2019 11:03:11 AM
Price action.
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shillllihs
6,102 posts
msg #147317
- Ignore shillllihs |
4/11/2019 12:44:42 PM
Today's trade is down.
Questions I would have for K are,
What's the maximum % of your portfolio that you would short.
Can you and have you had a situation where you couldn't get out of your position.
Will they ever close out your position, you were down something like 60% the other day, much higher than most anyone is willing to tolerate. Still no one here claiming to have followed you in practice after 2 months.
Last question, why are you still not wealthier than Trump, I haven't seen your name on the Forbes Billionaire List yet, can you point out which face is yours?
This compounding would make you a multi billionaire in a year.
I guess that's why you claim your thread is for entertainment purposes.
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KSK8
561 posts
msg #147320
- Ignore KSK8 |
4/11/2019 2:28:55 PM
shillllihs,
Your first few questions are good, your last one is childish but I'll answer them anyways.
1. A major component of how I size my trade is dependent on how liquid the stock was for that day. But never more than 15% of my entire portfolio.
2. If I played any stocks that were illiquid then yes, it would be a major concern each time. However, I only short stocks when I know there is decent volume and activity for the specific day it ran up. Never have I had a problem with exiting. This also orients to my first answer.
3. The preeminent reason I never position more than 15% of my portfolio on a single short is that IF the worst case scenario happens and I get squeezed brutally 2x 3x, etc, then my trade won't get a margin call since I'd have the capability of sustaining the loss with spare capital in my portfolio. But if it breaches a certain % threshold of my entire portfolio where I couldn't cover the loss with the supplementary capital, then yes it would stop me out of my short position.-Never has it happened before because I calculate the risk factor every time. Additionally, I will exit out if it breaches 100%- therefore I can't get killed in the long run. So you could give up on praying I get crushed by one trade.
4. I've made it clear, this strategy isn't scalable to the point of shorting a million dollars on a single trade and getting a 20% return intraday. That's not feasible in this type of market.
The way you conveyed that 4th question indicates to me that you are simply jealous because nobody pays attention to your convoluted trading. If you want a way to be profitable you gotta choose and stick with a strategy that works consistently over time. I'd recommend checking out some of Tro's old strategies because they still work well to this day.
GLTY!
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shillllihs
6,102 posts
msg #147322
- Ignore shillllihs |
4/11/2019 4:11:03 PM
Ok thanx K, just thought that your face would be no.1 on the Forbes billionaires list if you compounded 200k a day for 5 months at 9%. That's 1 billion. And you've been doing this for so long that it should be 50billion by now. I'll let you get back to fantasy island tattoo. Do not reply.
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KSK8
561 posts
msg #147323
- Ignore KSK8 |
4/11/2019 4:28:34 PM
Lol I don't think he even read what I posted, I guess some people can't read ! -I blame public education.
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shillllihs
6,102 posts
msg #147325
- Ignore shillllihs |
4/11/2019 4:58:51 PM
Oh ok, so you have about 3million in your account if you trade 200k and you claim in the other thread you use compounding. Your words. But now the narrative has changed. No surprises here and no need to reply.
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KSK8
561 posts
msg #147326
- Ignore KSK8
modified |
4/11/2019 5:23:39 PM
I guess some people can't even count!
I hope you are mistakenly referring to my thread as the compounding portfolio instead of my live trading. If that is not the case, I suggest you stop investing in stocks and invest in a calculator!
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mahkoh
1,065 posts
msg #147813
- Ignore mahkoh |
5/17/2019 6:25:09 AM
ELTK .. I did consider it but decided to skip this one. 75 times average volume and 35 percent drop from the high. Risky, and if profitable chances are it'll be a bumpy ride.
Good luck.
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