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I made £100 doing absolutely nothing - AMA

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    Basically my statistical analysis helped me figure out that on days without major economic news the pound falls about 70% of its high for the day against the dollar. This is demonstrated for the past 15 years.

    So I put in a trade and I was right!!!

    I made £100 woo

    I sold at 13070 and covered my short at 13030
    I was at £2.5 per point
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    If making money in trading means making money doing nothing, I've made over a grand profit doing nothing so far
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    (Original post by WoodyMKC)
    If making money in trading means making money doing nothing, I've made over a grand profit doing nothing so far
    Trading randomly isn't sustainable

    You have to have a sustainable strategy that is positively expectant without significant draw down
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    Which sports car are you gonna buy with your profits?
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    (Original post by UWS)
    Which sports car are you gonna buy with your profits?
    It's going towards my escort fund
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    The brief, blissful pause before every hedge fund picks up your method and wipes you out.
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    (Original post by Suinegemosewa)
    Trading randomly isn't sustainable

    You have to have a sustainable strategy that is positively expectant without significant draw down
    That's the very foundation behind trading, yes.
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    (Original post by WoodyMKC)
    That's the very foundation behind trading, yes.
    My point being that I doubt you have such a strategy or the emotional and psychology stability to execute it properly.
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    (Original post by Fullofsurprises)
    The brief, blissful pause before every hedge fund picks up your method and wipes you out.
    Lol lets hope they dont read TSR
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    (Original post by Suinegemosewa)
    Lol lets hope they dont read TSR
    They don't just read it, TSR rants make up a core part of every trading algorithm.
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    (Original post by Suinegemosewa)
    My point being that I doubt you have such a strategy or the emotional and psychology stability to execute it properly.
    Profit of nearly £2000 in the last year from a once here-and-there thing, total losses of £0... but nah, I probably don't possess the mental capacity to carry it off, right? Yeah, enjoy your £100
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    (Original post by Suinegemosewa)
    It's going towards my escort fund
    A Ford Escort? Wow, retro...
 
 
 
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