KSK8 561 posts msg #145776 - Ignore KSK8 |
12/30/2018 4:10:48 PM
nibor,
When I made that play in the beginning of October, (not sure why I said september) I broke my own rules and got greedy with it since it was a big red day with tremendous selling pressure and so many shares available. The version above is built to be more durable and I should have mentioned you wouldn't find it in there with that specific version. You'll find similar plays but I only mentioned my MNGA gain because shillllihs doesn't seem to have a clue about the availability of shares you can borrow when shorting.
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shillllihs 6,101 posts msg #145778 - Ignore shillllihs |
12/30/2018 8:20:29 PM
Oh K.
You are on an ultra conservative site, the method is neat but though you say system is ultra safe it still does not preclude a massive spike while shorting 200k, I mean you can lose 50k plus in a day. And looking back, I don’t get a sense of 95% accuracy. No big deal, if I’m wrong I’ll miss out and everyone will get wealthy.
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Lapre506 48 posts msg #145779 - Ignore Lapre506 |
12/30/2018 8:30:24 PM
Is there a reason why you choose to borrow shares on these rather then just buy puts on the optionable ones?
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KSK8 561 posts msg #145780 - Ignore KSK8 |
12/30/2018 9:15:36 PM
shillllihs,
Trust me, even when I'm down 10k, its not fun. But my faith in the mechanical prospect of it is what holds up my endurance to not be impulsive. And the 95% accuracy is relevant to the interlude of time. Hence the stochastic series gives us evidence of its long term performance will pursue effective. Let me be clear Shillllihs, I am not trying to joust you but I am indeed befuddled that someone such as yourself is perceiving this as incoherent. And nobody said you have to trade as large as I might.
The old saying goes;
Don't knock it till you try it
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Eman93 4,750 posts msg #145781 - Ignore Eman93 |
12/30/2018 10:25:06 PM
K,
I will always have some kind of stop loss usually below the last swing low on the daily.
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KSK8 561 posts msg #145782 - Ignore KSK8 |
12/31/2018 1:19:41 AM
Eman93...
This is not a long filter

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15minofPham 171 posts msg #145797 - Ignore 15minofPham |
12/31/2018 1:26:03 PM
KSK8 style & temperament reminds me of Wallstreetgenius. Now only if the Rumpled One comes back to debate, then we can party like it's 2008!
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shillllihs 6,101 posts msg #145803 - Ignore shillllihs |
12/31/2018 7:34:04 PM
How do you handle HBTX on April 30th. About 100% spike. You just take the 200k loss?
Serious question.
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KSK8 561 posts msg #145804 - Ignore KSK8 modified |
12/31/2018 10:03:33 PM
shillllihs,
Are you not reading what I have been posting? I've said it multiple times;
SHORT AT THE OPEN
I never said short at the day's close!
And yes it would have been a 27% loss. I acknowledge that. However, the next few plays would easily make up for that hence you play by the rules and trade with the same position size.
But let me coherent about something;
I encourage you to keep trying to berate my filter. Seriously I do! I'd be interested to see someone try to dismantle what has been making me a fortune. BUT, the caveat is don't ask a foolish question that regards me having to repeat myself.
Happy new years shillssy!
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shillllihs 6,101 posts msg #145806 - Ignore shillllihs |
12/31/2018 10:36:54 PM
Well darn it, as hard as I tried, I can’t find anything wrong with this filter.
Everybody on the the train, woot woot.
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