I Let Chat Trade My Account For A Day
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RISK WARNING: Trading involves HIGH RISK and YOU CAN LOSE a lot of money. Do not risk any money you cannot afford to lose. Trading is not suitable for all investors. We are not registered investment advisors. We do not provide trading or investment advice. We provide research and education through the issuance of statistical information containing no expression of opinion as to the investment merits of a particular security. Information contained herein should not be considered a solicitation to buy or sell any security or engage in a particular investment strategy. Past performance is not necessarily indicative of future results.
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DISCLOSURE:
I have a beneficial long position in the shares of AMC & GME either through stock ownership, options, or other derivatives.

So what you're seeing in front of you is called trade station, and this you can see by this little green moniker up in the top left. I have the algorithm on and you're looking at a futures contract right now. This is for the e-mini s, p, 500, and the current contract is esm22 so every time this moves it's currently trading at 4264.. If it goes up to 4265, one point is fifty dollars so 4263 to four is fifty fifty dollars.

Uh. Every single point is 50 bucks. It's a very, very highly leveraged asset class. So last week when we were talking about chair who's, a great great trader and then coin, who is a shitty shitty trader? I was like.

I wonder if i can code any of this up. I wonder if i can somehow write some code where i just look to capture like one or two points per day. So that's exactly what i did. I wrote the code and right now the way the code is set up.

It's almost done, but this is where i need a little bit of your help. I just need it to be able to decide on a daily basis. For that particular day. Should we go long or should we go short other than that it is automated and it is ready to create the position and it also has an exit on close of the day or trying to capture a hundred dollars of profit.

Those are the two. The entry is, it gets in at 9. 30.. That's the entry! Is it 9 29? Okay on the next bar, it is entering.

We need to decide if it's going to go long or going to go short on the overall market and then the exit is either a hundred dollar profit or the trading day is over. That's this entire system, it's a rudimentary system, but i actually think that there's the complexity is in how basic it is so for today, just because this is test number one and i've actually never really even done something like this. I need everyone's help to decide. If we're going long or short today, it's basically that simple and what i'm gon na do is i'm gon na crowdsource this, because that's what all the best traders do.

So it's gon na trade like this goes live in a couple minutes, so i need to know long or short. I'm gon na ask you in a poll all right. You guys need to cast your votes like asap, because we don't have much time. What were the results? Uh 61 picked long and 660 people voted okay, so we're going long today, all right, you heard it.

It just went long. The bell just went ding any ding. Ding, oh wait! No, it just filled. It just filled.

What happened? It's going? Wait! You guys, i think, we're right here. We go come on give me that hundred dollars order, phil come on. Give me the money. Give me the money uh, so order filled all right.

Well, you guys just made me a hundred bucks. Well that was fun so day. One was a success, it worked, i just bet actual money and i just actually made a hundred dollars and it was all because i crowdsourced it from you folks. We can run it again.

Just for ha has we'll get a poll, so we're gon na either double dip or not. This is where we're getting dangerous, usually you're only gon na be lucky on the first one, but let's see how it goes. What were the results? 57 short. Okay, should we keep track of how good the community is at trading right now, you're, just one for one 100, now we're your financial advisor.
You guys have always been my financial advisor, i'm feeling good. Today i have my gap: daddy shirt on gap daddy, which apparently you're not allowed to wear this and a lot of major establishments for whatever reason get out out. Oh, i really hope you guys know what you're doing i'm nervous. Are you guys nervous? You should be nervous because this is your call like we all know about my trades, but now it's time to see how good at trading you folks are.

You guys told me to go short, which is a bold move, because the rsi is already oversold uh. Why did i let you guys talk me into this? Let's go, let's go five seconds. Look, mom! No hands order, fill all right, it filled. We got the fill half the code worked.

Now. Will the other half of the code work wait? Did it short two wait? Why did it double up the position order filled? Well, we made money, i'm confused, i don't know what happened, but hey you guys were right. You made me money. Well, it says my closed p.

L is 182 on the day, we're just gon na, say you're two for two. I see some people trying to say you're three and 0., we're not giving you three. No, that was probably my fault on coding. We're gon na say you guys are two-and-oh get us! Your own etf, you guys statistically, are now better than kramer.

You have produced 182, but i need you guys to go more and more and more because we got to do cooler and cooler stuff with the money not only for the trade, but also what to do with the profits and we're losses. If you guys are like man, that's a lot of losses. Matt, maybe you should leave the country we're just gon na crowdsource. The whole thing you know: there's a lot of people even myself, i'm always like community community community.

It's time for us to actually behave like a community, i'm just going to let you control it. You're going to control the trades and share well trayer's, going to be involved in this as well you're going to control the trades you're going to control what we do with the money wins losses. It's all! It's us as a team. It's us as a team.

I think you guys can now all add to your resume that you're, a financial advisor, do you guys want to go for another one. This is gon na get dangerous like this is your pure gambling. This is so stupid. All right, you haven't led me astray yet, but this has to be the final one of the day.

We can't just like keep abusing this, so one more poll, matt we've never been wrong. That is true. You've never been wrong. I just need to trust the process.

You guys are right, you've never been wrong. It's so close. You guys were almost 50 50.. You were 53-46 we're going long.
Oh man, are you guys sure about this long thing? It kind of feels like we've exclusively sold off all day. Why did you vote long? So thus far you're two for two you've crushed it order filled. You guys went long and right away. It goes red son of a bitch come on.

Give us was the filthy, no, no, no, no, no, no, no other way other way. Now, all right there we go, let's buy that up. Let's up, let's go give us the fill, give us the fill. Where's the money come on a little bit higher, just a little tap at home, a little tap it tap it well uh! Why didn't you pick short? I just want to clarify that this is all your fault, not my fault, demerit demerit demerit, you all get demerits, i'm not mad! I'm just disappointed.

I take it bad. I am also mad at you. I'm mad and disappointed uh. Matt.

Kick all the longs 15 minute timeout. I do part of me: does wan na permanently ban all the people who voted long all right, that's a little bit agreed we're getting back together, we're coming back together, all right, no wrong way, just wan na damn it. This is all your fault, this is disgusting, it's like do you guys even care like? Are you guys even drinking cappuccinos? In your gap, daddy shirt, we were teaching you there, we go. Okay, okay, looks like someone knows who what they're talking about? Let's go.

Let's go! Come on bring it home, we're locking in there we go. I never doubted you for a second team moon gang. That's what we're all about! We just locked in 291 dollars on the day. You guys are three for three three, four three team.

I didn't doubt you for a second. I did not doubt you for a second, i know. Sometimes in the the heat of the moment, things get a little bit crazy, but you guys crushed it today. I know i'm not a scientist or anything, but that sounds like to me.

We have 291 dollars to kind of bet on whatever we want with so basically the option is you guys either have to be perfect or it's game over, because, like one loss is most likely going to be unsustainable relative to our wins, because if we lose, that Means we held it like all day and there's a good chance that that could be like a multi-thousand dollar loss. So this is a game where, like i don't think we can lose like. I was thinking about this last night and this morning, when i was doing this, like writing up the code, i was like if we lose once it's probably game over all right, we're gon na do one more s. P.

500. Basically, this one right here: do you think it's going up or down s p? 500? How do you think this one's going? Let's see the results. 52 short. Well, what i didn't tell you about this one: it was a double bet.

I didn't want to tell you guys before because i thought it might freak you out, but now we're going for 200. order fill order, filled bada bing bada boom off to a good start. I like that all right keep going. Let's go.
Let's go a little bit more just tap it home, tap it home come on. Did it fill it there we go there. We go easy, peasy, lemon, squeezies folks, we locked in 476. On the day.

You folks are officially four for four with one of those bets being a double profit target bet, congratulations. That was easy. Arguably, you have a much better performance than jim cramer, which is actually pretty nuts. Oh man, oh man, oh man, it is, i know it seems dumb, and maybe this is like more of a like ocd type of a thing, but it feels weird to end on like a four out of four thing like at that point like you should have Ended on three out of three or you should have ended on five out of five, but like four out of four just feels weird at this point just because i think we're allowed to have fun we're going five for five uh.

Let me give a poll, you guys better, be good, because you got ta be right like fast, like lightning fast. The way you were last time, the shorts edged it out by a couple votes. I hope you're feeling confident. That was actually like our closest vote of the day, but yet we got to play by the rules of the game.

All right order filled order filled; no, no, no, no! No! No! No! Yes! Yes! Down down down down down down all right, we were just really is it gon na taunt us like that we were one tick away from getting our fill. That's brutal, like just give us order. Fill boom done easy all right. You guys officially have locked in 598 dollars and you went five for five.

Congratulations. You are all winners all right, so let me write that down a little bit in the journal here. Dear diary april 26th, dear diary today, my digital friends at moon, gang capital went 5 for 5 100 accuracy and made 598 after trading fees. Super good start to this new business.

Venture t-t-y-l perfect nailed it. We crushed it team. We crushed it. Okay, so you guys didn't make 600 today, but if we just took a short at the open, that would be up 2 500 right now like if we just took one position and held that position short until this exact moment, it would be up somewhere between 2 000 and 2 500 closer to 2 500.

At this moment in time, we would be up like 2 350-ish right now uh. If we just took that one position at the start, that's how much this market has come down. We need to scale this up so instead of 600, it's 6k and then we need to 10x that, and so instead of 6k, it's 60k we got to go bigger and bigger. We don't want to cash out now.

This is like when you're on a win streak at the roulette table. You don't just walk away, you ask yourself: how can i 10x this money?.

14 thoughts on “I let chat trade my account for a day”
  1. Avataaar/Circle Created with python_avatars Baldeagle 1787 says:

    Matt's reaction is how I am when trying to encourage my long positions to meet the level I want them to end the day at.

  2. Avataaar/Circle Created with python_avatars tlw says:

    What stock were you trading? SPY?

  3. Avataaar/Circle Created with python_avatars ross blair says:

    Absolutely brilliant.

  4. Avataaar/Circle Created with python_avatars KryptoKnife says:

    lol the emotion of how i felt today as i loss money only to see thousands of dollars i could of made later on with puts so fuck me for taking a stop.

  5. Avataaar/Circle Created with python_avatars 2aEddie says:

    What app are you using?

  6. Avataaar/Circle Created with python_avatars Taree says:

    Mint 🀣🀣

  7. Avataaar/Circle Created with python_avatars Able Mathew says:

    This is great why not its all just a game anyhow keep doing it

  8. Avataaar/Circle Created with python_avatars Ruben Rybnick says:

    5 for 5, not a big deal, but we’re kind of a big deal! πŸ˜‚

  9. Avataaar/Circle Created with python_avatars micaiah middleton says:

    lol so good!

  10. Avataaar/Circle Created with python_avatars Matt Kohrs says:

    Better than Cramer…

  11. Avataaar/Circle Created with python_avatars Tracy Campbell says:

    I don’t know about that

  12. Avataaar/Circle Created with python_avatars Virginia 282 says:

    So cool!

  13. Avataaar/Circle Created with python_avatars Travis Reviews says:

    What's the point if the entire market has been manipulated ? This is so frustrating

  14. Avataaar/Circle Created with python_avatars Kiriu Gaming says:

    Awe, I didn't get to participate. Will you be able to do this again?

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