Sell the spike?
Let’s lure Sonatine out of semi-retirement
If you’re asking about residential - I just don’t want to get involved atm. I’m not the guy who tries to time exact tops or bottoms. I like confirmation and am willing to give up something for that info.
Market wise, what’s in my head is we had a contraction of price and volume. We closed with some negative volume.
I was looking at ADP. Payroll processing - and it’s looking pretty good. This means jobs are grooving. That means Fed is not gonna ease. At least to me.
Tellafriend’s gold is looking good and feeling good. Nobody is getting rich but he’s not losing like everyone else.
The Debt Ceiling is something to start thinking about. Yellen will push this out to June or something but as we get closer markets are gonna get twitchy and markets cratering is the only thing they will spur action from the clowns on the hill.
I think we head south tonight and tomorrow - that’s just me.
In that regard we are now selling the spike.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
ive been prop trading futures on apex, theres a couple of schizothreads about it on the other site with some videos and winporn etc. google sonatine + apex + futures. druff doesnt like me to advertise it here.
basically i paid $2200 to get 10 accounts qualified / funded, they gave me $2500 on each (so $25k aggregate gambling equity) and ive been sniping NQ contracts every morning. the profit is mine, i can cash out $2000 max every 10 trading days and then after 3 months i can withdraw 100% of my profit should i so desire. which i generally do for tax reasons tbh but to each their own.
once i get 20 accounts racked up and funded ill stream some trading sessions live, should be sorted in the next 2 weeks or so, pending bloodbaths and such.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
whats crazy is i stopped using them and when i cancelled my accounts i was like look, you have x y and z policies which do nothing but apply needless psychological pressure and i get it but im also not confident i can be profitable like this.
and i swear to god like a month later, they completely reversed their most toxic policies.
everything is much easier now.
you can qualify for a funded account in 7 trading days.
every 10 trading days you can cash out a portion of your profit (between $1000 and $2000 if you have over $2600 profit on a 10 contract account, for example).
after 3 months where youve cashed out at least once every month, you can withdraw your profit completely.
like honestly thats insanely reasonable and im pretty sure they just put 90% of their competition out of business.
also yeah i ran hot but at no point did i trade more than 2 NQ contracts on an account at the same time, so on 10 accounts i never had more than 20 contracts in play. and i could have traded 20 accounts if i had them handy. like honestly a $100,000 week could have happened.
for me at least, the hardest part is sticking to the signal generation alg i came up with, respecting my RoR / risk management, and never trading more than 3 times a day.
so far so good. caught a bit of a beating tonight but old me would have revenge traded my entire portfolio into dust. new me wants a mercedes eqs enough to stop fucking around i guess.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
btw i dont mess with their proprietary trading system (sniper) but apparently its a lot more sophisticated than i gave it credit for, and this dudes PnL kinda speaks for itself.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
also i have zero affiliation with apex. i think i had a reflink a million years ago but never finished the paperwork on it tbh.
but yeah you can turn $200 into a million in about 6 months through them if you can turn a meager profit trading futures consistently.
or you can go beast mode like vince and just keep reinvesting in bigger accounts until youre having 1m months.
which tbh is kind of a weird flex considering hes paying 1099 contractor taxes at 37% on that shit instead of 17.5% give or take if he traded cash through a broker but hey, who am i to be critical. what matter is hes absolutely dabbing on the market rn.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
I followed your journey over on [redacted]. People should understand you made a large investment in time, a bit of money, and more than a little frustration.
I bet writing about your experience helped get your mind right too
This ain’t overnight or a lucky bink.
Your good fortune has been hard won. Hope you keep running good now that you are established.
Just about to check futures myself.
Nigga
yeah we will see how this shakes out.
ive heard it a hundred times; it takes at least 3 years to be able to be consistently profitable. that feels right to me. i dont particularly trust this rush in terms of long term profit but it feels promising. with low single digit percent exceptions, every account i blew up was because i over traded and/or refused to respect basic adult risk management rules. i do that less now. the period between me making terrible decisions has become longer, and my response to those terrible decisions has become much more even keeled. to me, thats the part of this i get excited about.
and yeah to your point, without studying how the auction works or what/who makes it do what it does, i mean, youre just going to end up financing some alg's GPU upgrades next quarter while its owner bills half of epstein's black book 2/20. and theres really no finish line for that education of course.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
Dollar drilling. All the other currencies are crushing the dollar.
Cheap dollar inflates stock market …. Surprised we ain’t up more.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
gonna be a lot of angry weird nerds on the internet today boys
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
probably nothing.
https://twitter.com/dumbmailguy/status/1615796741261123585
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
Microsoft layoff 10,000
If you are underwater on the Tesla loan and facing unemployment what’s the play?
Prolly scoop a used Tesla for the price of a Corolla. Been following auto auction stories posted by dealers. Breathtaking and oddly addictive
I honestly need to learn a skill or take up painting
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