Aliassmith Beats a "Dead Horse"

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IgazI
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Re: Aliassmith Beats a "Dead Horse"

Postby IgazI » Sat Aug 14, 2021 11:42 pm

There are only two ways to bring risk to zero:
1. take profit equal to the max loss of the remaining position.
2. buy the right to sell above the average price.

'free of risk', ie 'in profit', is probably more accurate. . .
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Re: Aliassmith Beats a "Dead Horse"

Postby aliassmith » Sun Aug 15, 2021 5:25 am

IgazI wrote:There are only two ways to bring risk to zero:
1. take profit equal to the max loss of the remaining position.
2. buy the right to sell above the average price.

'free of risk', ie 'in profit', is probably more accurate. . .


As I add I normalize my risk to zero.
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Re: Aliassmith Beats a "Dead Horse"

Postby Lvup7 » Sun Aug 15, 2021 3:19 pm

aliassmith wrote:
IgazI wrote:There are only two ways to bring risk to zero:
1. take profit equal to the max loss of the remaining position.
2. buy the right to sell above the average price.

'free of risk', ie 'in profit', is probably more accurate. . .


As I add I normalize my risk to zero.


Your stop loss never moves? Do you take profit early and use the profit to normalize your risk.

If your stop never moves then do you continue to enter with smaller lots sizes as the price go in your direction to minimize risk if price were to completely reverse on you?

I can feel what you guys are getting at, trying to understand better.

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Re: Aliassmith Beats a "Dead Horse"

Postby IgazI » Sun Aug 15, 2021 5:43 pm

Lvup7 wrote:
aliassmith wrote:
IgazI wrote:There are only two ways to bring risk to zero:
1. take profit equal to the max loss of the remaining position.
2. buy the right to sell above the average price.

'free of risk', ie 'in profit', is probably more accurate. . .


As I add I normalize my risk to zero.


Your stop loss never moves? Do you take profit early and use the profit to normalize your risk.

If your stop never moves then do you continue to enter with smaller lots sizes as the price go in your direction to minimize risk if price were to completely reverse on you?

I can feel what you guys are getting at, trying to understand better.


'Zero' is your average price & -$100 from the average will always be -$100 no matter how large the position grows, this is your normalized risk.

You can normalize it to anything: -$1000, $0, +$500.
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Re: Aliassmith Beats a "Dead Horse"

Postby prochargedmopar » Mon Aug 16, 2021 2:38 pm

aliassmith wrote:Wonder how many adds you could do on that?
1+1+1+1+1+1?
Over 10x move with adds

Depends on how you manage it.
It could be 30% or even 60%.
Risk .5% to 2% with a 1+2+4+8+16 add.
Depends on your luck, talent, broker, and ballz size.

These opportunities come along more than you would think.
Same thing MightyOne pointed out years ago.


:mrgreen:
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Re: Aliassmith Beats a "Dead Horse"

Postby IgazI » Mon Aug 16, 2021 8:03 pm

prochargedmopar wrote:
aliassmith wrote:Wonder how many adds you could do on that?
1+1+1+1+1+1?
Over 10x move with adds

Depends on how you manage it.
It could be 30% or even 60%.
Risk .5% to 2% with a 1+2+4+8+16 add.
Depends on your luck, talent, broker, and ballz size.

These opportunities come along more than you would think.
Same thing MightyOne pointed out years ago.


:mrgreen:


If you see it in action then it is really not that scary. . .

maybe you can get TRO to make an 'average position line' indicator with '+/- $' bands around the average;

set the bands to $100, start throwing around micro lots, and if it hits the -$100 band then change it to $250, $500, $1000, $2500, $5000, etc, and continue to move the lower bands below pivots and the higher bands within reach.

The average goes up or down and the bands tighten, that is all that you need to know.
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Re: Aliassmith Beats a "Dead Horse"

Postby IgazI » Mon Aug 16, 2021 8:07 pm

I've been trying Brian Watt's setup, and I don't hate it. . .
I have recorded the rotations using prime numbers, not shown, and the chart history looks good to me.

P%R.png
P%R.png (171.69 KiB) Viewed 687 times
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Re: Aliassmith Beats a "Dead Horse"

Postby IgazI » Thu Aug 19, 2021 6:30 pm

Stocks are falling on vaccine efficacy fears; I don't believe that it is worth hedging, I have my heart set on buying the lower strikes should they go OTM.
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Re: Aliassmith Beats a "Dead Horse"

Postby aliassmith » Thu Aug 19, 2021 9:26 pm

IgazI wrote:Stocks are falling on vaccine efficacy fears; I don't believe that it is worth hedging, I have my heart set on buying the lower strikes should they go OTM.


It not information through social media. Ive met people that have friends and family in the hospital even though they are "Fully" vaccinated.

There is no f'ing way the people in charge will come out publicly with this information. The house of cards will collapse and the people at the top wont get all that money from selling additional rounds of the jabs.
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Re: Aliassmith Beats a "Dead Horse"

Postby prochargedmopar » Thu Aug 19, 2021 11:26 pm

aliassmith wrote:
IgazI wrote:Stocks are falling on vaccine efficacy fears; I don't believe that it is worth hedging, I have my heart set on buying the lower strikes should they go OTM.


It not information through social media. Ive met people that have friends and family in the hospital even though they are "Fully" vaccinated.

There is no f'ing way the people in charge will come out publicly with this information. The house of cards will collapse and the people at the top wont get all that money from selling additional rounds of the jabs.


A sh!t ton of the people on social media that I follow are getting covid this time around.
Shots or not.
Some people in the comments section are even on their 2nd round of it.

1st and 2nd wave didn't do SQUAT to the pediatric hospital.
This time a bunch of kids are in there. Had to add an overflow floor for CV-19 patients.

The two charts I keep an eye on are
Deaths and Deaths per 1 mil population.
Looks like 0.06% deaths per 1 mil in Texas.
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

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