Discretionary Day Trading Strategies anyone?

[aum108]

@GuillaumeDebauchez

OPN wasn’t chosen on price, but on risk and money management. In those days, his strategy was very controlled, as many acknowledged. It ticked all the boxes. Since then, he has changed. The change of behavior became obvious as the losing streak went quite deep, ie many many losses in a row… normally he’d have 5/6 small ones and a couple big wins… So I stopped and waited. And now it’s, to my despair, game over.

Yes, the OPN strategy was trading well until February, I hope you got out in time.
True, Payoff Matrix is not doing well at the moment, 4 negative months in a row.
But the risk & money management is OK, no overtrading. Much better than OPN.

The developer of Payoff Matrix suspended the 500$ fee until July for older subscribers.
If until then the performance doesn’t get better, I’m going to cancel the subscription.
I wouldn’t subscribe right now as new investor, better wait and watch a few months…

Too bad you are leaving C2, but I understand. Hope you find what you are looking for.

@GuillaumeDebauchez

Also people should submit their passport proof of address etc. Then it’s not possible to con the system by coming back multiple times. We need to know who we’re dealing with here.

I agree, another social trading platform that I’m invested does already publish the real name of the traders.
No fake ID’s. Unfortunately this doesn’t prevent from losing money.
Even TOS is not reliable. But if OPN would have been TOS, the losses most likely would have been smaller.

[aum108]

@AlgoSystems

CTA licenses I doubt that guarantees that they will make money every year either.

Anyways, I don’t want to get into a debate here. If you want to just develop here and don’t want subs then just hide your strategy.

The original discussion was that there needs to be control over some scammers.

Actually, the original discussion here was about Guillaume looking for more “discretionary day trading strategies”
See the title at the top

[AlgoSystems]

LOL…I guess we have been getting carried away off topic!

[JITF]

Summarizing the thread and strategies mentioned here -

OPN W888 - topic starter liked it, -45k since that time, futures
MillionaireMaker - failed, futures
VolatilityTrader - still alive, options
Day Trader Futures - still alive, futures
PayTheDifference - failed, futures
Backward Induction - very strict risk-management - in a max drawdown of 8k, futures
Payoff Matrix - very strict risk-management - in a max drawdown of 3.4k, futures
Slow and Easy - in a max drawdown of 12k, futures
BSPmini - wants to make new max drawdown, futures

Personally I believe in VolatilityTrader and Day Trader Futures, 2 of 9.

[OSUTIA]

i still wonder where he get the name “slow and easy” is more like “fast and furious”

[Biks]

JITF,

" BSPmini - wants to make new max drawdown, futures "

Why do you say wants to make new max drawdown, I trade according to my rules, if new max drawdown happens then it happens, I don’t WANT to make new max DD.

[QFund]

@JITF

Personally I believe in VolatilityTrader and Day Trader Futures, 2 of 9.

thanks for the vote of confidence. But please note Day trader futures is automated and not discretionary. I think author wanted to avoid automated strategies in the list and referred to day trader futures as an example