Random Portfolio Analysis - Stop Being a Losing Trader

[@sisbroshou3786]

This is Gareth Soloways portfolio..

[@JonM-ts7os]

lol

[@samthedoor]

Is it really or is that a joke? How do you know? Would be interesting to know whose it is.

[@sisbroshou3786]

@@samthedoor 100% Im.in his service..

[@pwee507]

Wow

[@mattinterweb]

@@samthedoor it 100% is

[@DJRS2178]

Looks like Gareth Soloway

[@GustavGans-ks9px]

lmao

[@sisbroshou3786]

Apsolutely

[@caseycolomb8997]

This has got to be Gareth Soloway.

[@nengnengnengable]

Shhhh, don't tell...

[@cryptoricardo]

This is pure wisdom right here

[@go4384]

I look back every once in a while on trades I cut for gains and losses. It’s about 50-50 as to whether it was a good exit or not. Sometimes they run a lot more, sometimes they crash. I think it’s generally true to let winners run and cut losers but it’s also more complicated than that. I think being adequately market neutral and diversified is going to net people better risk management than the simple advice to cut losers quickly. Sometimes losers come back. Sometimes winners lose gains. Random movement will take out too tight of stops. Maybe beyond this improving entry points is the best risk management tool of all because then you can have a tight stop and get in a good risk reward trade, which Jason does say a lot.

[@dennisg2083]

I used to trade this way drove me crazy, losses just keep increasing day after day. More money needed to maintain the postions. I've lost a lot. Until a couple of months ago. I took the losses. I'm never going to let loses run again. Jason is completely right cut losses ride winners

[@sisbroshou3786]

Thanks to Gareth this is now my situation with my portfolio...What would you advise me to do?

[@timothyha2854]

Love you Jason, you are a good man. I wish you saved me 4 years from subbing to this person and losing money

[@JoseCJou]

3 options here, this portfolio can only be the one of a: 1-a 7 years old kid, 2-a useless trader, 3-a scammer trader. (I'll go for 2 AND 3 combined).

[@yejollykrewe1208]

Learned this lesson the hard way. Thanks for the confirmation. Now before I buy I identify exactly where I’m getting out. The loss still hurts but at least I no longer hemorrhage losses for weeks. I stay alive long enough to get lucky ! 🍀💰🏴‍☠️

[@taylor_o]

Solid commentary

[@tomm9817]

Thanks. Appreciate the analysis and other comments here.

[@landonjhill]

Gareth Soloway’s portfolio

[@kamran.khoshnasib]

Great video as always. Thanks

[@tonyzein]

thats Beareth Scamaway's portfolio lol

[@mattinterweb]

100%. Snake oil salesman.

[@agabello]

Thank you for excellent commentary!

[@CC64YT]

Always thankful for your time. Great wisdom always

[@george-tf8xq]

That's how I used to trade in my first year. I was closing the green trades at %0.1 profit and letting losers go against me by 30 percent until they come back. My win rate was like 90 percent plus. I thought I was a genius. 😅

[@bartmastin3272]

Thank you!

[@Popomomox]

LMAO when you said watering the weeds cutting the Roses thanks for your report just perfect.

[@ridzuanali1919]

Thank you, JS. God bless you.

[@mehdikhosh8879]

Thank you, Jason.

[@ufftatabummbumm]

The only scenario where a 90%+ winrate can be reasonable is when scalping. If you have 90%+ winrate while normal trading, swings trading or position trading, you will eventually meet the mother of all losses.

[@henleymontgomery464]

No question. And looks like this portfolio has them - NVDA being the mother of them.

[@florenciaandre7934]

Vary valuable thoughts. Thanks so much for this video!

[@saywatagain]

I was in his service for over a year. I calculated once that his average loser was ~30x larger (loss in USD) than his average winner. It's a marketing tactic to sell more subs. If the trade goes against him he keeps buying until it swings back up and he can get out for a small win. When he can't he takes a monster loss. It's like betting $10 on red. If you lose, bet $20, lose again?, bet $40, then bet $80 and win and that's an overall $10 win. It works until it doesn't.

[@Jay-jd1bi]

yes its called martingaling

[@paulstone7655]

For those who haven't worked it out yet this is Gareth Soloway

[@jesiem7]

Thanks for the reminder!!

[@MartyStDenis]

Great points. Love the way you apply common sense

[@marcobiagioni]

Top video Jason. Love u as always

[@Manuel_DN]

so funny! we have talked so much about this crap last year, cool to see you take a closer look at the real thing!

[@Derou07]

Really appreciate your comments😊

[@sjorsbertrand]

Thanks for the insights. Really helpful!

[@teslamr7333]

The three most important rules of Investing, Stop loss, stop loss and stop loss. That’s if you want to continue playing this game.

[@noonelikeme81]

what do you set your stop loss at?

[@teslamr7333]

@@noonelikeme81 it varies, it could be the low of the day, below a support area or below a moving average. IMHO, not using a stop loss is like driving a car without brakes.

[@noonelikeme81]

@@teslamr7333 is it typically less than certain %?

[@freedomordeath89]

I agree in general but there's some situations in which riding losers works, like in big drops. During 2020 I removed all SL because I knew things would have gone up after COVID, and it worked, if I had sold and bought back I would have lost money

[@mrtonha1]

Buy long term winner during big drops is different than what Jason shapiro is saying

[@freedomordeath89]

@@mrtonha1 I mean if u bought a long term winner 1 day before a panic sell, using his generalization u would sell it, and lose money

[@mrtonha1]

@@freedomordeath89 i bought bitcoin at 17K in 2022 and I dont consider myself “averaging losers”. Bitcoin is a winner, buy low and buy more as indicators tell you the bottom was in. Walgreens boots was $60 in early 2020, its 15 now lmao. Thats what Gareth is buying

[@mrtonha1]

@@freedomordeath89 gareth caps his winners at 13-15% max, and hodls a loss for a 600%+ drawdown

[@paulstone7655]

Depends on your timescale and style of trading. What you describe kind of sways towards a hybrid investing style. Pure trading is not about holding positions and hoping or speculating based on the economy, especially not day trading - you just need to be robotic and not care about losses, so long as the system works over time

[@jasonabbott7509]

Is that NVDA short still open from sub 400 lol

[@bibbidi_bobbidi_bacons]

Thanks Jason. It’s a hard one to swallow if youre a newb

[@7minutosconlabiblia145]

Thank you great information.

[@seanobrien7751]

Thanks!

[@abcdcharts]

Of the19 shorts in that portfolio, 3 are in the green. Ouch, what a train wreck.

[@jonathanlee5185]

thanks 👍

[@InternationalKarl]

Those are non other than Gareth soloway of verified investing It’s now been verified to be total crap

[@freedomordeath89]

Also another critique: what about married puts + selling calls instead of closing the position?

[@littlemogocreek]

Would love to know how you set stops and targets Jase. Have you done a video on that before? Do you use levels, percentages or both? Thanks for the videos as always 🙏

[@alexanderk.5474]

"First cut is the cheapest"

[@МартинАтанасов-ы6ю]

Gareth Soloway portfolio

[@stephenanthony5923]

Ah yes, the patented "Cash Nuke" portfolio

[@freejohnson9281]

Got destryed shorting NVDA

[@situation_zero]

This person has been holding short NVDA since 377? Then shorted AAPL at 162 after it had been beaten down? Yikes. Much easier to just wait for long setups and hop on momentum for quick swing trades.

[@mattinterweb]

It's Gareth Soloway

[@ScottAllenTVH]

Who in their right mind would short NVDA at 377 and then hold it that long?? That genie's never going back in that bottle. And then the rest - it looks like he shorted every major hot stock of the past year.

[@ScottAllenTVH]

I also have actual trailing stop orders between 5-15% (most around 6-8%) set on almost every position. You can always get back in, and I'm earning like 4.8% on my cash in IB. If you're out of the market, you're not losing money. I don't even pay attention to my W/L - I pay attention to my alpha and my risk-adjusted return metrics - Calmar, Sortino, Martin.

[@davesmall5392]

Houdnini - I think you have found a fellow illusionist

[@the-octagon]

Lots of shorts. This trader likes to fight the tape

[@robertlu5117]

This is sad. Alot of money lost. I mean I have seen alot of Twitter making money when they lose they don't show itz that how people talk to you about their performance.

[@JoseCJou]

JASON, COULD YOU DO THE MATH NOW PLEASE?. What a bloodbath, how is the portfolio now? (as of 17th June '24). -75%?

[@RoTelnCheese]

Your wisdom is always welcome and appreciated. My portfolio looks nothing like that. I outperformed the market every year for the last 5 years since I started. I ride my winners and cut my losses. Market Wizards helped me understand the market a lot.

[@seichho73]

Looks like whoever it is... is short more then anything else. Thats problem #1 in current times. Good piece Jason. I laugh at all this crazy shit ya see out there now. Keep it simple stupid (K.I.S.S) is not the common practice nowadays with the advent of social media etc.

[@Jay-jd1bi]

the open trades are short. the closed trades were most likely long

[@paulstone7655]

It's Gareth Soloway

[@Radha-kv5vp]

Cyberopolis's adoption rate is something I've never seen before. This is only the beginning.

[@winthorpe2560]

Have you ever stopped out too early and calculated how much you’ve missed out on? Be interesting to see

[@BithalSagar]

The liquidity of Cyberopolis tokens is a major plus.

[@josephduku6610]

Proof of absolute beginner scammer scamming other beginners. How many who trade like this are watching? Find an edge over time, be honest with yourself. Or do something else, move along and forget it by all means.

[@jchien]

Everybody knows who this person is LOL

[@freedomordeath89]

Sorry but I really don't agree with you on this. I think that closing a losing position DEPENDS on FUNDAMENTAL and market factors. If I enter in a good company, then a bad news hits and the stock does a -30%, it doesnt mean I should close it, because in many occasions, that -30% is actually the bottom, so if i sell and buy back later, I am losing money. I close a lot of losing positions when the trade goes against me, but if its a big unespected drop, most times you are better off keeping it open until the panic stops.

[@henleymontgomery464]

Also very dependent on one’s strategy. Worrying too much about selling the bottom can lead one to holding to much lower prices. I typically cut my losses pretty quick (William O’Neil style) but definitely ignored my rules a number of times and I feel it almost always get worse. But again, type of investor you are matters on this.

[@freedomordeath89]

@@henleymontgomery464 I do too but somethimes there's big negative events where you cannot cut the loss, and the SL doesnt work. See covid. In those cases I hold ebcause if its already -90% like some small cap I had in 2020, selling would give me back nothing, while holding it I can use it for tax harvest + it has good chances of bouncing back a bit. You can't generalize this. You should cut the losses if u buy NVIDIA at 1200 and it starts going down hard

[@mattinterweb]

The guy is trading NOT investing

[@freedomordeath89]

@@mattinterweb yeah but even if u invest, when u do it in single stocks u gotta tax harvest and all, these are not ETFs or indexes, no use in keeping a single stock for 30 years

[@henleymontgomery464]

@@freedomordeath89 yep and single stocks do NOT always come back… Even if they do, you have to consider opportunity cost. When a stock technically breaks, it’s very rare that if just shoots back up. Typically takes alot of time to fix the chart and make it look investable again.

[@LA_batboy]

thanks

[@ROHITYT-i2i]

Been analyzing Cyberopolis's tech and team. Solid potential for groundbreaking results.

[@laldevsoren-xw8tm]

Switching a good portion of my portfolio into Cyberopolis. Their vision is unmatched.

[@jjvlogshere]

First

[@BrianLyke]

The crypto market has been unfavorable for months and I keep losing my money selling-off during dips, I'm very scared of holding right now,how do you guys still make so much….?

[@JustinClawson-ix1ic]

VENTURING into the trading world without the help of a profesionals, trading and expecting profit is like turning water into wine you would need a miracle...

[@johnmoser1162]

Always the same story ... posting strange vids on YT and bashing the competition. @Jason - if you are doing so well, why still posting YT ? ... 😎

[@mattinterweb]

Actually he's doing aspiring traders a great service by posting this. He may have saved many people a lot of money - which is a kindness, not competition bashing (and trust me Gareth Soloway is no kind of competition, he's not even in same ball park).

[@johnmoser1162]

@@mattinterweb By bashing others doesn't make you a better trader. Again ... since he is a "star" trader, he needs to post YT clips. If I would make "millions", then it would be the last thing I would do and 99.99% of the earth population too ..

[@sunnyvalentino]

Hey Gareth Soloway, thanks for stopping by!!😂

[@Jay-jd1bi]

@@johnmoser1162 didnt hear him bash anyone here. just giving good solid advice with a great example here.

[@johnmoser1162]

@@sunnyvalentino He he ...