What i swing trading and how can I learn it?
some guy on investopedia’s stock simulator game that starts with 100k now has 495M… he claims to use swing trading strats. He is better than a CFA.
I don’t know, CFAs can guarantee performance, that’s worth it’s weight in gold/silver.
I know. I was being incendiary. but still…
also, it is fake money, and that is a different dynamic, but still…
but still…
Swing trading is just short term technical analysis. Better to just give your money to me. If someone is going to lose your money, might as well be on booze and cigars.
According to a debate a few of us were having a month or two ago, trading a paper portfolio is exactly like trading real money. It’s safe to assume the person running that simulation is actually pulling those returns in real life.
Ok, semi serious answer - for fun I plugged in some silliness into excel. If you had an edge (65% win pctge with 1/1 payout) and used 1/2 kelly you could get there in about 50 bets if you catch a lucky streak. As ohai said, swing trading implies a holding period of a few days. Assuming really short turnover of two days, you could theoretically get there in only ~6mths, then you can retire. Easy as pie, nothing to it.
Look, there are lottery winners practically every week and there are many examples of ‘the impossible trade/runup’ (Zuckerberg in the non-trading world), but it’s pretty difficult to realisticly plan for something like this. This is also completely ignoring any of the practical problems that a runup like that would encounter (then again, those would be good problems to have).
Just realized I think I was looking at turning 10K into 45MM. Then again, this could just be confusion over notation for ‘thousands’ and only quintupled his money, in which case that’s a walk in the park.
You are stretching the truth. Most people agreed that paper trading can help you avoid making silly mistakes, not that your return on paper is similar to real life trading.
No, there was one or two people that said it was exactly the same. How dd I know this thread would reignite this lol
I know a technical analyst who seems to be on top of his game. When i asked him what returns he expects annually he replied “50%”…i turned the other way…
to give you guys
$495,574,800.68 +$59,130.49 +495474.80% 2. jagermeister2011 (history) 
2 $68,955,219.78 $0.00 +68855.22% 3. rocr29 (history) 3 $7,023,919.10 $0.00 +6923.92% 4. TradeFX90 (history) 4 $4,799,032.18 $0.00 +4699.03% 5. ptenchik (history) 5 $2,484,047.61 +$320.00 +2384.05% 6. NixHex (history) 6 $2,344,661.79 +$1,000.94 +2244.66% 7. KOT0112 (history) 7 $2,032,365.22 $0.00 +1932.37% 8. wright45m (history) 8 $1,827,999.79 -$818.41 +1728.00% 9. makelaris (history) 9 $1,623,683.97 +$19,699.77 +1523.68% 10. mrose80 (history) 10 $1,595,939.89
he obviously is well ahead of the pack. he has his contact info up in his profile lol. He’s probably a gazillionaire in real life
$495,574,800.68 +$59,130.49 +495474.80% 2. jagermeister2011 (history) 2 $68,955,219.78 $0.00 +68855.22% 3. rocr29 (history) 3 $7,023,919.10 $0.00 +6923.92% 4. TradeFX90 (history) 4 $4,799,032.18 $0.00 +4699.03% 5. ptenchik (history) 5 $2,484,047.61 +$320.00 +2384.05% 6. NixHex (history) 6 $2,344,661.79 +$1,000.94 +2244.66% 7. KOT0112 (history) 7 $2,032,365.22 $0.00 +1932.37% 8. wright45m (history) 8 $1,827,999.79 -$818.41 +1728.00% 9. makelaris (history) 9 $1,623,683.97 +$19,699.77 +1523.68% 10. mrose80 (history) 10 $1,595,939.89
Read more: http://simulator.investopedia.com/Ranking/#ixzz2B51xzrBJ
haha you guys are amateurs at investopedia. a few friends and I started a virtual game on that site and after a while, we figured out how to cheat the system. I’m pretty sure this is how this guy is doing it as well.
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That’s what I was going to say. I played a stock market game in HS and there were ways to cheat and get huge gains.
Guy is a con. He’ll show spectacular gains and then say, “I’m now starting my own fund, feel free to get in and make these awesome returns.” Don’t be a mark my nigga.
And then he will be a closet indexer while charging exorbitant fees.
normally I’d agree with you guys and think this guy is gaming the system, but you can see his trading history and it’s not suspect-- it’s legit.
Can’t believe someone actually spent that much time playing with fake money.
You’d be surprised how much free time people have if they don’t jerk off or watch the Kardashians.
you can read financial reports while watching the Kardashians…its a common practice on wallstreet…leave the sound on low and look up every once in awhile for inspiration
You are a strange cookie lol