gmg733
788 posts
msg #131783
- Ignore gmg733 |
10/5/2016 8:58:10 PM
@kevin
Follow your system man. You owe it to yourself. Being mechanical is how you make money trading. I know it took me a while to break the cycle. Market doesn't care about what I think or what anyone thinks. Your systems are your edge and your alpha. Embrace brother. :)
There is always something we could do better. But trading is continuous improvement. I get better every day, every week, every year. And the common denominator for me was ridding the process of emotion.
You do great work. Keep it up!
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pthomas215
1,251 posts
msg #131784
- Ignore pthomas215 |
10/5/2016 9:08:25 PM
Kevin, I have a system I use. I don't trade on just a hunch as you suggest. I need to be more patient as a trader, I would say. you seem to be onto something with your system, even though we disagree on the issue of appropriate use of funds.(i.e. tying up a lot of capital for smaller margin trades).
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shillllihs
6,049 posts
msg #131785
- Ignore shillllihs |
10/5/2016 10:05:41 PM
People that stab in the dark picking a stock here and there will not get far.
You need to trade an ETF, and in my opinion Vxx/Tvix/ Xiv seem to
respond to indicators and behave in the most consistent fashion.
Trading units will not give you the big returns you seek. You will see 35%
overall, assuming your emotions do not get in the way. Which is ok for most but
I could have just rode Xiv for 600% from 2011-2014 and have the system for that.
I'm looking to turn 20k into 1.2mill. in 2 years. And that's something that on paper I was able to accomplish with my personal system. A series of catching Tvix spikes and compounding can achieve this.
I don't think 1 system can do this. I think you do need some instinct also, to be able to look at past performance and setups, and be reasonably sure that this setup looks
like a setup I've seen before, and Tvix spiked 300% last time that happened, and 200%
the year before that.
Trying to track ^Vix seems impossible so I know that a system with a high win ratio that tracks XivVxx, will be the key. I have a good system but there are 20 moving parts and there are so many
variables, that I'm not sure I can put it into 1 code. It's so complex that it's not possible.
I have to trade it manually. Anyway keep working on it.
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shillllihs
6,049 posts
msg #131786
- Ignore shillllihs |
10/5/2016 11:53:19 PM
Tvix down 6% tomorrow. No position.
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johnpaulca
12,036 posts
msg #131791
- Ignore johnpaulca |
10/6/2016 9:55:55 AM
shillllihs
2,270 posts
msg #131581
- Ignore shillllihs
modified 9/29/2016 11:26:37 AM
After doing extensive research, we are in a hardcore bull phase. I will only be in Xiv and will
be selling 66% on dips, only to buy in again cheaper, until trend changes.
****************************************************************************************************************************
TVIX.....bonjour ma petite pâte feuilletée, de nouveau mal, hein !!!
After doing extensive research, Shilllihs's in a hardcore bullshit phase. I will continue to short him until his trend changes.
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Kevin_in_GA
4,599 posts
msg #131792
- Ignore Kevin_in_GA |
10/6/2016 10:07:03 AM
I'm looking to turn 20k into 1.2mill. in 2 years.
I want you to re-read what you wrote here and think about the likelihood of that happening - you honestly expect a 6000% return in two years? I hope you have a flux capacitor and a spare Delorean at your house.
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shillllihs
6,049 posts
msg #131797
- Ignore shillllihs
modified |
10/6/2016 1:31:43 PM
If you caught all the 30% swings of Xiv and the 200-300% swings in Tvix, would that not come out
to over 1mill? I want you to take Tvix, and put some weekly indicators on it. CCI, IFT, Acc bands,
Williams & relative strength(^IXIC,45) , and start looking at peaks and valleys. You will see repeating patterns. And where you find grey areas, take note of the levels at which the outlier did not work.
And I did demonstrate some of my strategy on C2 where I had an annualized return of 800%
Emotions and not following the system exactly kept it lower than it would of. Plus, we haven't
even hit the Tvix spike.
I also do realize that many years the big spike does not occur, and that returns will be dwarfed.
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pthomas215
1,251 posts
msg #131798
- Ignore pthomas215 |
10/6/2016 1:40:02 PM
shillihs, did you short the VIX at the open today?
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pthomas215
1,251 posts
msg #131799
- Ignore pthomas215 |
10/6/2016 1:52:05 PM
not the actual vix but tvix. I appreciate your post last night because I made a quick 1K shorting TVIX at the open. Thank you.
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shillllihs
6,049 posts
msg #131800
- Ignore shillllihs |
10/6/2016 1:55:30 PM
Nope. Just long DUST.
I know there's a big dip coming in Dust before heading higher.
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