Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

Northern boy

Keeping a Strategy Secret

Recommended Posts

okay. i found a strategy for day-trading that can profit at minimum 15% to 20%/month with basically no draw-down other than commiss and slippage. I actually think it's even an explanation for certain large volume activity in the markets.. but i havn't given that much attention yet:hmmmm:...

 

I want to tell close friends and the like... but I'll be working prop and I'm afraid it may leak too fast or have some diluting effect... even if this is a bit naive to consider. Is there anything I can do:deal: to slow this process down or keep it on the low? I don't want the business to jack me and kick me out or something.

Edited by Northern boy
w/e

Share this post


Link to post
Share on other sites

Agreed. Just don't do it. If it's that good just manage dough for your mates or even just give them trade calls without the rationale.

 

But don't think that once it's out it won't go any further. Because that's very much counter to human nature. Unless you know your mates sooooooo well and there's no way in the world they'd let a good thing get away like that. But I think we know the answer to that question as unless you were at least mildly concerned you wouldn't be asking strangers on an internet forum what to do about your mates, who we don't know.

 

GJ

Share this post


Link to post
Share on other sites

If you can make 15% - 20% per month with little drawdowns, you do not need a prop shop. And if you need the leverage, there are options and futures you can trade. Even FX if that's an option.

 

Build the account from your new mansion in the Cayman Islands.

Share this post


Link to post
Share on other sites
Guest forsearch

Not to be mean or rude or anything, but STFU! :rofl:

 

If it's making you that kind of return, why in the world would you want to let others in on it? :crap:

 

-fs

Share this post


Link to post
Share on other sites
Not to be mean or rude or anything, but STFU! :rofl:

 

If it's making you that kind of return, why in the world would you want to let others in on it? :crap:

 

-fs

 

FS - you and I seem to agree on many things, just not OEC.

 

;)

Share this post


Link to post
Share on other sites

Start trading it small, you need experience trading it. Let your profitability attract the money to trade it. Charge fees till you can give everyone back their money and trade it for yourself.

 

"I don't want the business to jack me and kick me out or something."

 

???

 

Your question sounds a little naive, sorry.

Share this post


Link to post
Share on other sites
Start trading it small, you need experience trading it. Let your profitability attract the money to trade it. Charge fees till you can give everyone back their money and trade it for yourself.

 

"I don't want the business to jack me and kick me out or something."

 

???

 

Your question sounds a little naive, sorry.

why don't you trade it thru a freinds acct or have a freind trade it for u, so you can profit and go out on your own

Share this post


Link to post
Share on other sites
Not to be mean or rude or anything, but STFU! :rofl:

 

If it's making you that kind of return, why in the world would you want to let others in on it? :crap:

 

-fs

 

because i need access to good capital man. do I sound rich to you?????? anyway i guess i'll have to share it with the firm, i don't think i really have a choice. they sound more ethical then other's i've heard about so it might not be a problem.

 

or sell it on collective2.com... in 5 years lol

Share this post


Link to post
Share on other sites
Start trading it small, you need experience trading it. Let your profitability attract the money to trade it. Charge fees till you can give everyone back their money and trade it for yourself.

 

"I don't want the business to jack me and kick me out or something."

 

???

 

Your question sounds a little naive, sorry.

 

i've read some horror stories.

Share this post


Link to post
Share on other sites
because i need access to good capital man. do I sound rich to you?????? anyway i guess i'll have to share it with the firm, i don't think i really have a choice. they sound more ethical then other's i've heard about so it might not be a problem.

 

or sell it on collective2.com... in 5 years lol

 

http://www.collective2.com/cgi-perl/session.mpl?session=500769127363626472469432484267458&displaypage=prices.sessionhtml

 

$98 every 6 months. Ouch, expensive.

 

:doh:

Share this post


Link to post
Share on other sites

What exactly is your question northernboy?

Go trade your ultimate 15-20% a month strategy with NO drawdown at the prop firm. Why would you tell them about it? IF you are successful, they give you more money. Sorry, I am skeptical about your strategy. No one can be that confident until they trade a method day in and day out.

Share this post


Link to post
Share on other sites

"with basically no draw-down other than commiss and slippage." Sounds too good to be true so it probably is (too good to be true).

 

Don't go prop. With minimal draw down and prudent position sizing you should not need that large an account. There is also QQQ's and Spyders that would allow you to build a real audited track record whilst making beer and burgher money.

 

EDIT oops assuming its an index system....still many instruments have mini contracts or closely correlated cheapy equivalents.

Share this post


Link to post
Share on other sites

Look mate I don't know whether you've actually done the maths here but if you can earn on average between 15% - 20% a month with minimal drawdown this is what would happen:

 

If you invested pocket change of £2,000 at a minimum return of 15% a month compounded:

 

Year 1 = £10,700.50

 

Year 2 = £57,250.35

 

Year 3 = £306,303.69

 

Year 4 = £1,638,801.35

 

Year 5 = £8,767,997.10

 

If you invested a bit more, say £10,000 at a minimum return of 15% a month compounded:

 

Year 1 = £53,502.50

 

Year 2 = £286,251.76

 

Year 3 = £1,531,518.51

 

Year 4 = £8,194,007.07

 

Year 5 = £43,839,987.19

 

Or lets just say your family managed to cobble together a bit more and said, here you go son, here's £25,000, we believe in you (again at your minimum 15% a month return):

 

Year 1 = £133,756.25

 

Year 2 = £715,629.39

 

Year 3 = £3,828,796.22

 

Year 4 = £20,485,017.38

 

Year 5 = £109,599,966.40

 

So if you managed to get hold of £25,000 from somewhere coupled together with the confidence you have in your system, you would never need to work again for the rest of your life in 3 or 4 years. Why are you so impatient mate?

 

Can you now see why hardworking traders on this site have a very hard time believeing in your story? Some of them are too nice to say it but I will, stop blagging (british slang for being creative with the truth = politician).

 

However you might retort by saying but it's been done before.. I would say yes, a guy by the name of Micheal Marcus managed to turn $30,000 into $80,000,000 in 10 years. But before those 10 years Marcus took a real beating in the markets. He had to learn the art of trading for many years. If you truly have a strategy like that just tell us your real name so we can read about you in a few years time when you're managing a $25 gazzillion hedge fund.

 

Oh and can I have job when you get to that stage please? I'm an honest hardworking trader. :-)

Share this post


Link to post
Share on other sites

 

Can you now see why hardworking traders on this site have a very hard time believeing in your story?

 

my father, he worked like an elephant pushing electrical supplies and he dropped dead at 49 with a heart attack and tax bills.

 

maybe i shouldn't of posted the figures, because it seems to be more of a concern than my actual question. feget abou' it

Share this post


Link to post
Share on other sites

Lot's of answers not concerning your figures. Beg steal or borrow a small amount ($5k would do) and compound it into however much your heart desires. Stay away from prop. What's the problem?

Share this post


Link to post
Share on other sites
Lot's of answers not concerning your figures. Beg steal or borrow a small amount ($5k would do) and compound it into however much your heart desires. Stay away from prop. What's the problem?

 

none. thanks, i'll consider.

Share this post


Link to post
Share on other sites
"with basically no draw-down other than commiss and slippage." Sounds too good to be true so it probably is (too good to be true).

 

 

i've been looking for "it" for awhile now. the people in this forum are intelligent and are helping me tighten the last bolts, which is appreciated. I asked this question to find if there were any terms in contract agreements, anything of the sort, that could be created to protect a trader's method. frankly, i don't care about your nay-saying.

Share this post


Link to post
Share on other sites
Guest forsearch

maybe i shouldn't of posted the figures, because it seems to be more of a concern than my actual question. feget abou' it

 

Yeah, run off now that you've got a dose of reality.

 

Do you really need the stress of managing other peoples money (OPM)?

 

And yes, the figures matter. Isn't that the reason we all trade? To make money?

 

Some more than others, to be sure - but we really wouldn't want anyone stealing our edge away from us.

 

Assuming you can trade this method with size - that is, it scales up nicely - you should have no problem compounding your returns as shown in another post.

 

Heck, if I were you, I'd save up or even get a line of credit for $5K and start trading that methodology right away.

 

Prove to yourself that you can make a living and sustain yourself first, then take it to the next level. Until you do so consistently with real money, though, it's all just a pipe dream.

 

-fs

Share this post


Link to post
Share on other sites
Yeah, run off now that you've got a dose of reality.

 

Do you really need the stress of managing other peoples money (OPM)?

 

And yes, the figures matter. Isn't that the reason we all trade? To make money?

 

Some more than others, to be sure - but we really wouldn't want anyone stealing our edge away from us.

 

Assuming you can trade this method with size - that is, it scales up nicely - you should have no problem compounding your returns as shown in another post.

 

Heck, if I were you, I'd save up or even get a line of credit for $5K and start trading that methodology right away.

 

Prove to yourself that you can make a living and sustain yourself first, then take it to the next level. Until you do so consistently with real money, though, it's all just a pipe dream.

 

-fs

 

k we'll see

Share this post


Link to post
Share on other sites
i've been looking for "it" for awhile now. the people in this forum are intelligent and are helping me tighten the last bolts, which is appreciated. I asked this question to find if there were any terms in contract agreements, anything of the sort, that could be created to protect a trader's method. frankly, i don't care about your nay-saying.

 

I am not nay saying (well I guess i am) it is just friendly advice. Just trying to make sure you aren't going to make expensive mistakes. It is pretty much impossible to avoid draw downs completely (unless you can make 100% winning trades) even with a system that produces 80% winners strings of losers will occur.

 

I wonder what you are basing your results on? Backtesting? Papertrading? In what sort of market conditions? Bull & bear, different volatility?To be perfectly honest your expectations don't seem realistic. That's not criticism its just watching out for someone who has yet to have there first market lesson. Frankly draw downs are inevitable (though of course you might expect to finish the day/week/month up). I really hope you have done adequate research and testig and even then be prepared for things to be different when doing it for real. The first few curve balls can do more damage to your trading psyche than your account.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • YUM Yum Brands stock, nice breakout with volume +34.5%, from Stocks to Watch at https://stockconsultant.com/?YUM
    • Date: 3rd April 2025.   Gold Prices Pull Back After Record High as Traders Eye Trump’s Tariffs.   Key Takeaways:   Gold prices retreated after hitting a record high of $3,167.57 per ounce due to profit-taking. President Trump announced a 10% baseline tariff on all US imports, escalating trade tensions. Gold remains exempt from reciprocal tariffs, reinforcing its safe-haven appeal. Investors await US non-farm payroll data for further market direction. Fed rate cut bets and weaker US Treasury yields underpin gold’s bullish outlook. Gold Prices Retreat from Record Highs Amid Profit-Taking Gold prices saw a pullback on Thursday as traders opted to take profits following a historic surge. Spot gold declined 0.4% to $3,122.10 per ounce as of 0710 GMT, retreating from its fresh all-time high of $3,167.57. Meanwhile, US gold futures slipped 0.7% to $3,145.00 per ounce, reflecting broader market uncertainty over economic and geopolitical developments.   The recent rally was largely fueled by concerns over escalating trade tensions after President Donald Trump unveiled sweeping new import tariffs. The 10% baseline tariff on all goods entering the US further deepened the global trade conflict, intensifying investor demand for safe-haven assets like gold. However, as traders locked in gains from the surge, prices saw a modest retracement.   Trump’s Tariffs and Their Market Implications On Wednesday, Trump introduced a sweeping tariff policy imposing a 10% baseline duty on all imports, with significantly higher tariffs on select nations. While this move was aimed at bolstering domestic manufacturing, it sent shockwaves across global markets, fueling inflation concerns and heightening trade war fears.   Gold’s Role Amid Trade War Escalations Despite the widespread tariff measures, the White House clarified that reciprocal tariffs do not apply to gold, energy, and ‘certain minerals that are not available in the US’. This exemption suggests that central banks and institutional investors may continue favouring gold as a hedge against economic instability. One of the key factors supporting gold is the slowdown that these tariffs could cause in the US economy, which raises the likelihood of future Federal Reserve rate cuts. Gold is currently in a pure momentum trade. Market participants are on the sidelines and until we see a significant shakeout, this momentum could persist.   Impact on the US Dollar and Bond Yields Gold prices typically move inversely to the US dollar, and the latest developments have pushed the dollar to its weakest level since October 2024. Market participants are increasingly pricing in the possibility of a Fed rate cut, as the tariffs could weigh on economic growth.   Additionally, US Treasury yields have plummeted, reflecting growing recession fears. Lower bond yields reduce the opportunity cost of holding non-yielding assets like gold, making it a more attractive investment.         Technical Analysis: Key Levels to Watch Gold’s recent rally has pushed it into overbought territory, with the Relative Strength Index (RSI) above 70. This indicates a potential short-term pullback before the uptrend resumes. The immediate support level lies at $3,115, aligning with the Asian session low. A further decline could bring gold towards the $3,100 psychological level, which has previously acted as a strong support zone. Below this, the $3,076–$3,057 region represents a critical weekly support range where buyers may re-enter the market. In the event of a more significant correction, $3,000 stands as a major psychological floor.   On the upside, gold faces immediate resistance at $3,149. A break above this level could signal renewed bullish momentum, potentially leading to a retest of the record high at $3,167. If bullish momentum persists, the next target is the $3,200 psychological barrier, which could pave the way for further gains. Despite the recent pullback, the broader trend remains bullish, with dips likely to be viewed as buying opportunities.   Looking Ahead: Non-Farm Payrolls and Fed Policy Traders are closely monitoring Friday’s US non-farm payrolls (NFP) report, which could provide critical insights into the Federal Reserve’s next policy moves. A weaker-than-expected jobs report may strengthen expectations for an interest rate cut, further boosting gold prices.   Other key economic data releases, such as jobless claims and the ISM Services PMI, may also impact market sentiment in the short term. However, with rising geopolitical uncertainties, trade tensions, and a weakening US dollar, gold’s safe-haven appeal remains strong.   Conclusion: While short-term profit-taking may trigger minor corrections, gold’s long-term outlook remains bullish. As global trade tensions mount and the Federal Reserve leans toward a more accommodative stance, gold could see further gains in the months ahead.   Always trade with strict risk management. Your capital is the single most important aspect of your trading business.   Please note that times displayed based on local time zone and are from time of writing this report.   Click HERE to access the full HFM Economic calendar.   Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE!   Click HERE to READ more Market news.   Andria Pichidi HFMarkets   Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • AMZN Amazon stock, nice buying at the 187.26 triple+ support area at https://stockconsultant.com/?AMZN
    • DELL Dell Technologies stock, good day moving higher off the 90.99 double support area, from Stocks to Watch at https://stockconsultant.com/?DELL
    • MCK Mckesson stock, nice trend and continuation breakout at https://stockconsultant.com/?MCK
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.