{quote} What Bags is an index now..?!Lets trade Bags then.. I say long Bags
- #1,543
- Sep 13, 2016 9:12am Sep 13, 2016 9:12am
pretty interresting to watch his returns.. anyone else sees what iam seeing ?
when vola picks up (retrurns) he is barely breaking even
when its quite he has some amazeballs gains... hmmm...
no need to reverse engineer his trades
when vola picks up (retrurns) he is barely breaking even
when its quite he has some amazeballs gains... hmmm...
no need to reverse engineer his trades
pretty interresting to watch his returns.. anyone else sees what iam seeing ? when vola picks up (retrurns) he is barely breaking even when its quite he has some amazeballs gains... hmmm...
Can you explain better?
- #1,547
- Sep 13, 2016 9:30am Sep 13, 2016 9:30am
{quote} Sorry, dont understand. Can you explain better?
his "money management" strategy is what makes or breaks his approach , he changes his lot size based on gains/losses
however what type of MM he is using ie.. negative/positive progression or a mix of thereof , iam not sure
but he tries to follow "trend " whatever he uses to deterimine a trend , in collaboration with a MM which is based on "gamblers fallacy"
there are many forms of progressions
most famous one beeing Martingale .. or D`alambert , labouchere, or even more obscure ones like the 6 point divisor..
however its all from "betting" ... so yea take that for granted...
iam just seeing that if the losses pile up , so does the gains.. ie it is getting extreme.. hence the huge volatility spike in his returns, whre he is barely breaking even..
to make it short..
its not the entries..
but his MM
basically.. "gambling"
cool to watch for sure
just be aware that its not suistanable .. and should only be considered for fun.. and some
- #1,549
- Sep 13, 2016 10:10am Sep 13, 2016 10:10am
- Joined Mar 2016 | Status: Trader | 6,389 Posts
{quote} to make it short.. its not the entries.. but his MM basically.. "gambling" cool to watch for sure just be aware that its not suistanable .. and should only be considered for fun.. and some
I'll bet you have been stopped out a few times therefore you gambled and lost.
What we see here is Bags going for the direction he feels is the correct one and backing that with the prior profits he has made. He is therefore reinvesting his profits for higher returns.
I put it you you then that you are the gambler and Bags is the trader. As for it being sustainable that is just you wishfully thinking it so.
- #1,558
- Sep 13, 2016 10:49am Sep 13, 2016 10:49am
- Joined Jun 2009 | Status: coitus interruptus | 1,115 Posts
practising coitus interruptus
- #1,559
- Sep 13, 2016 10:54am Sep 13, 2016 10:54am
- Joined Nov 2013 | Status: Trader | 1,094 Posts
Did he deposit new money (1000€) ?
Last time i was here when he failed after 3 days..
Last time i was here when he failed after 3 days..
- #1,560
- Sep 13, 2016 10:54am Sep 13, 2016 10:54am
- Joined May 2009 | Status: trader | 2,034 Posts
{quote} his "money management" strategy is what makes or breaks his approach , he changes his lot size based on gains/losses however what type of MM he is using ie.. negative/positive progression or a mix of thereof , iam not sure but he tries to follow "trend " whatever he uses to deterimine a trend , in collaboration with a MM which is based on "gamblers fallacy" there are many forms of progressions most famous one beeing Martingale .. or D`alambert , labouchere, or even more obscure ones like the 6 point divisor.. however its all from "betting"...