Australia's largest stock trading and investment forum Australia's #1 stock forum

XJO

Click for more information

1.34%

7,971.1 s&p/asx 200

17/07 Indices, page-125

First 125 Last

Share
Profile

Follow
padi888

223 Posts.

3

21/07/23

03:26

Post #: 68899919
Share

Originally posted by Coincacha: ↑

On another spectrum....for me 20-25 trades per week as predominantly intraday.

Pay out half profits from start of month at EOM and rest for growth then double the size as account doubles and take lots of walks/rides but still make sure I feel the new size to grow with it. Still budget as per wage slave so living standard stays consistent. If a DD month (seems to be 2/12 and one flat month normal) then time slows down and I focus on other projects/family.

To avoid screen time I write algorithms and run portfolio of 15-20. This has the added bonus of scaling far less an issue than manual. Still have to work a lot but far more productive than executing manually and trade around the clock to meet production targets. Work becomes creative and more about portfolio management and building systems to measure systems.

Biggest downside would have to be watching your bots do silly things like when you tell someone not to touch something hot and they do it anyway and get burnt. Only, you told them to pick it up so it's really on you.

But not after perfection, just production on my terms.

GL

Expand

sorry .. wrote it as the first thing after i woke up

thanks for the input... it's very useful

XJO Value at posting: 7,325.0
1 Upvote

0 Great analysis

Reply

Top Stories

EQR

EQ Resources transitions historic Mt Carbine tungsten mine to owner-operator system

Week 33 Wrap: US recession fears forgotten; RBNZ’s surprise rate cut; more iron ore trouble

Bitcoin: Current State of Play & Where to Next | Swyftx

M2R

EIS co-funded campaign sees Miramar kick off maiden drilling at Bangemall, Gascoyne WA

SVL

Court of Appeal upholds environmental group's challenge to Silver Mines Ltd's Bowden project

VTM

Victory Metals dips -8% even as company set to grow heavy REE resource at North Stanmore

IMD

IMDEX to receive $10M in out-of-court settlement with Boart Longyear over downhole tool patent

ARD

Argent begins search for VMS mineralisation at Kempfield Cu-Pb-Zn-Au-Ag play in NSW

Emerald & Azure score Digger & Dealer awards

WNX

Wellnex sees first special access scheme prescriptions for new Wellness Life brand

There are more pages in this discussion • 26 more messages in this thread...

First 125 Last

Add XJO (ASX) to my watchlist