Quote from: olegrey on August 15, 2019, 08:35:31 PM

Quote from: MTL4 on August 15, 2019, 02:52:54 PM

Quote from: olegrey on August 14, 2019, 08:23:50 PM

The DOW elected the bearish reversal of 25518.04 with a closing of 25479.4, a difference of .15%. I have bought a position in DOG

That ETF barely moves (vs something like UWPIX), how the heck are you making money on that? (unless you are playing options)
Also my hourly volatility chart is showing an overall decline so I'll be curious again to see how this trade works out.

I'm not convinced if Socrates has a use, so I am doing this as a feasibility study of Socrates using a small account. I plan to use DIA and DOG until I am comfortable with my trading system. If successful, I plan to start using DDM (2x DOW), UDOW (3x DOW), DXD (-2x DOW), SDOW (-3x DOW) and DIA call and put options. If you look at my recent post you can see that I did make around 9% using DOG in about week. Yes, I could have made more, but I don't trust the system yet.

Years ago I lost a lot of money in reversed ETF's, I now understand the concept, longer term you can not win. That's why so many inverse ETF go to zero eventually.

I've learned that in a down/bear market the way to make the most money is to be long Bonds, Bond proxies, Eurodollars deposits, Gold, etc depending on the situation.
Being short stocks and indexes is difficult because of the volatility. That's why you see that the real smart guys like Druckenmiller go for bond options and make 1-5x their trades in bear markets.

Forget MA and his extreme difficult way to make money using his flawed Socrates system. Nobody can time this market 100%. If MA could why aren't all the big money managers embracing his system?