shillllihs
5,974 posts
msg #132799
- Ignore shillllihs
modified |
11/25/2016 10:14:22 PM
A thread dedicated to what seems to be a sure thing. These will return few trades but the goal is to find
enough systems where it would be worth your while. I know I dropped the ms in Systems.
I'll start with,
When a leveraged inverse ETF gaps above upper bollinger band, go long the 1X
regular ETF till inverse ETF touches lower bollinger band. Seems to work every time.
You can use dust Dwti Tvix etc. Currently the play is Oil.
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shillllihs
5,974 posts
msg #132802
- Ignore shillllihs
modified |
11/25/2016 11:16:06 PM
Stronger to wait for divergence to buy cheaper.
Buy small increments then increase add ons.
I want to see gap daily low, completely above upper band. Did I code this wrong?
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shillllihs
5,974 posts
msg #132803
- Ignore shillllihs |
11/25/2016 11:23:57 PM
Ah forget it. This is crap.
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shillllihs
5,974 posts
msg #132813
- Ignore shillllihs |
11/26/2016 2:34:16 PM
Well 1 thing is for sure. An inverse leveraged ETF that gapped above the top bollinger band, will
not stay there for long. Shorting it is as good as 100% guaranteed.
If you are bold, you can skim free gas money.
This trade has always haunted me as it's a sure thing but so hard to exploit.
I think a broker can take your house & car if this trade goes against you.
Is that correct?
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jimvin
170 posts
msg #132816
- Ignore jimvin |
11/27/2016 12:24:42 AM
Odds are great that they would write it off as a bad debt rather than suing you...however they could (a) destroy your credit reporting by reporting the bad debt ensuring other brokerages wouldn't give you margin, and (b) force the sale of another securities you may hold on margin in order to close out the margin(s).
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four
5,087 posts
msg #132817
- Ignore four |
11/27/2016 12:48:43 AM
Notice--A speculation is not an investment.
Risk of ruin
Money management
https://2ndskiesforex.com/trading-strategies/forex-strategies/money-management-and-the-risk-of-ruin/
https://futures.io/psychology-money-management/15602-risk-ruin.html
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shillllihs
5,974 posts
msg #132818
- Ignore shillllihs |
11/27/2016 3:25:25 AM
Interesting, does this destroy your credit in general, and does anyone else know more on this topic?
Would they close your account and not hold you accountable if let's say uvxy went up 200% in a week?
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four
5,087 posts
msg #132819
- Ignore four
modified |
11/27/2016 4:03:33 AM
http://www.finra.org/investors/understanding-margin-accounts-why-brokers-do-what-they-do
Financial Industry Regulatory Authority -- FINRA
[may take] legal action
[may] report the default
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Kevin_in_GA
4,599 posts
msg #132821
- Ignore Kevin_in_GA |
11/27/2016 9:59:54 AM
No one has mentioned using a reasonable stop loss yet? While it might ruin the "100%" part, it won't ruin your credit or make you lose your house.
The other thing is to use position sizing. I have posted simple SF code for this several times already.
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Walid
130 posts
msg #132826
- Ignore Walid |
11/27/2016 3:34:32 PM
Anyone who still obsessed with a 100% trading system is not a trader to begin with. Trading is like any other business; and like restaurants get rid of bad ingredients and framers lose crops to weather and fishermen burn gas and catch nothing sometimes, you will also have losses and wins. This is just the nature of the business itself, the sooner you will accept the fact and stop chasing a ghost, the better trader you will be. Your true objective in business should be two folds; A) is for the losses not to wipe you out and B) for your wins to be greater your losses.
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