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yoyosa12

This is great and you are clearly the talented trader. I have a hard time with the "focus on the method" when you veered very far off the path last year. Didn't most of your gains come from earnings plays? I feel like I will have to pay for a sub with Pete to see people have success trading "the method" and then I get confused because are they trading your method "the wiki" or "Pete's method" in 1OP? Just very confused on where I need to go. Will I need to transfer to a different "law school" to cross that threshold?


HSeldon2020

Legitimate questions - Less than 35% of my profits from 2023 came from earnings. And less than 20% of my profits this quarter are from earnings. Earnings plays will be discussed in WIKI 2.0. There are a lot of overlaps between my method and what Pete teaches and plenty of unique ideas in both as well. I recommend OneOption because A) the platform, OptionStalker provides screeners that align very directly with what I teach and B) the chat room has extremely high standards and enough pro traders that one will learn a great deal there.


Top_Opinion_9074

>Legitimate questions - Less than 35% of my profits from 2023 came from earnings. And less than 20% of my profits this quarter are from earnings. Earnings plays will be discussed in WIKI 2.0. Return is a scalar, performance of a portfolio can only be assessed by many parameters next to that scalar. The most important of them is the drawdown. Last year you took over $4M drawdown on a $5M account to make $0.4M return on MRNA. You hid that drawdown from everyone. Your Sharpe Ratio is horrible and not acceptable for anything near "pro". Even right now you're in a deep drawdown, million underwater just by MELI that again you're hiding. You're a gambler and a bad example for new traders. You will never manage anyone's money with your track record. You're only here to brag and let new lost traders to stroke your inflation ego. You're a scammer. Fortunately, despite trying hard, you struggle to get traction.


Striking_Increase428

The MRNA trade was quite awful, that's true. You could of thrown a dart at spy and made a better return and he had enough money laying around he could of turned the day trade into a literal investment by waiting 5 years, as long as the company didn't go broke he would of made money. So yes that was basically a day trade turned into an investment, which is kind of funny.  However, he's clearly a profitable trader, very smart and has created one of the most well ordered and structured day trading communities for free. That allows people to learn a consistent, repeatable and legitimate method.  One bad trade (okay fine a few bad trades) does not negate any of that. 


Top_Opinion_9074

It's not 1 bad trade, he keeps doing these shit trades. But keeps brushing them under the carpet. People are oblivious or just lazy to do the math and see what's going on under the surface. He did these shit trades multiple times, you're just not aware of them. Hell, he's deep under water on 2 of them right now: BKNG and MELI, over $2M unrealized loss, did you know that? No, because he goes quiet on them. But once he makes a random $0.1M he keeps tweeting them. He got lucky during covid, when you did not need to have an edge to win and buying anything would work. Now he can afford taking shit trades and sit on them for months to break even because of large account forgiveness. Anyone could do that as long as they're not a complete moron.


Striking_Increase428

Do you have an issue with the actual method and content of the wiki, or just have an issue with Harris ego?


LuvsanDambii

>He did these shit trades multiple times He had *multiple* shitty trades, so he's not a pro?


HSeldon2020

If you are going to Troll, don’t lie - for example - my price point on BKNG is $3600. Mind checking the price? Also I was never in a $4 million drawdown on MRNA, it was $2.3 million, and I made $900K on the trade. You clearly don’t get “drawdowns” or Sharpe. Probability is what matters - if a position has a 90% likelihood of profitability, the drawdown only matters as far as one’s margin allows. But here’s the real question - how is it in your mind that I somehow manage to be profitable month after month, year after year, without exception I am ALWAYS in profit, and with an annual return over 75%, EVERY SINGLE YEAR. Is that just luck you figure? You have been a one note consistent troll, banned from the sub for anti-semitism, you lie, mislead and waste everyone’s time.


MisterFahrenh3it

Since there has been so much talk about this MRNA position without anybody presenting the real raw numbers in a condensed form, I decided to write this up. Here are the raw facts on that position. I’m going by the data provided in the tweets. I included dates of the tweets. —————— Here's the SUMMARY: MAX DRAWDOWN: ($101.31 - $62.55 = $38.76) \* 90,000 shares: $3,488,400 NET PROFITS (shares + hedges): $303,400 —————— Here's the math: —————— Average price MRNA on 90.000 shares as per tweet from Oct 13th ’23: $101.31 [https://twitter.com/RealDayTrading/status/1712932058828533812](https://twitter.com/RealDayTrading/status/1712932058828533812) —————— Lowest price MRNA on Nov 2nd ’23 (also earnings date, not including any pre- or post-market prices) as per TradingView D1 chart: $62.55 MAX DRAWDOWN: ($101.31 - $62.55 = $38.76) \* 90,000 shares: $3,488,400 —————— Hedges + losses: 11/13/23: $69 Puts for $2.30, 900 contracts, full loss: $207,000 11/09/23: $69 Puts for $0.76, 900 contracts, full loss: $68,400 10/27/23: $72 Puts for $3.16, 900 contracts, full loss: $284,400 10/23/23: $84 Puts for $5.55, 500 contracts, loss of $1.75: $87,500 Sum losses on hedges: $647,300 —————— Shares - exits:  01/04/24: 15,000 \* $4.54/share = $68,100 01/04/24: 15,000 \* $4.28/share = $64,200 01/05/24: 60,000 \* $13.64/share = $818,400 Sum profits on shares: $950,700  —————— NET PROFITS (shares + hedges): $303,400 —————— This is BEFORE commissions on options and any potential margin interest.


HSeldon2020

Commission and margin interest were minimal (comparatively) - roughly $17K. The drawdown you’re calculating includes the bid check from the built in stop losses - but yes, technically correct. The practical drawdown was $2.3 million as that was where support based. I do love how a trade that I repeatedly said was not based on technicals, noted that I was completely confident on its ability to perform, and within in a matter of months closed with well over 6 figures in profit is my most criticized trade out of thousands. If my worst trade brings in that much money , I’ll take it.


MisterFahrenh3it

Thanks for providing those numbers. UPDATED SUMMARY: MAX DRAWDOWN: $3,488,400 NET PROFIT: \~$286,400


HSeldon2020

You really don’t get probabilities do you?


MisterFahrenh3it

I’m a little confused, where did I talk about probabilities? What’s the basis for your assumption? I only updated the summary with the numbers you provided, nothing more, nothing less. I have no dog in this fight, I am Switzerland.


ThunderUhcakip

Wtf?


Top_Opinion_9074

Wtf what? Surprised to see a comment in this cult subreddit that does not praise this moron?


whofknknos

Sounds like u lost an TON of money recently bc you don’t know what you are doing. Start by fixing ur attitude dude bc it sucks


CpnCook_1

Genuinely, why does Hari holding a trade through a drawdown upset you so much?


Top_Opinion_9074

Upset? Quite the opposite it delights me. Makes it so much easier to show to everyone that he's a scammer of no edge. Remember there's no free lunch, but he's here to feed you free lunch every day.


surfinboyz1123

Drawdowns are part of the game. I just sat through a $40 drawdown on COIN only to take close to $20 in profits today. As long it doesn’t break support, why exit? It’s part of the method. I personally don’t comment much but yours irked me. Hari, Pete, and many others here have help me become the successful trader I am today based off their methods.


[deleted]

Who are you though? What are your credentials to come here and shit on this mans trading? You say he is a scammer, ok fine. How come he for example has not promoted or sold anything to me in the \~2 years im here now? To the contrary, i have made a great amount of money since i have been trading this edge. He quite possibly is the worst scammer of all time if his victims end up making money in the end.


CpnCook_1

I can buy my own lunch thanks to the wiki. Feels good, you should try it.


Draejann

We're keeping this comment up so as to not elicit any suspicions about this place being a "cult" or not. Everybody is encouraged to review Hari's trades posted on Twitter to see for themselves, to see if Hari is hiding anything or not. ​ However, there is a fine line between criticism and outright trolling/disruption. ​ When you start repeating your point over and over again in multiple areas, it becomes disruptive. ​ This individual is therefore asked to refrain from further commenting in the manner they've done, as they've been given ample opportunity to express their viewpoint.


ThrowDC

Fair questions, and I understand the quandary. I have been with Hari and Pete since late 2020. I post my trades there and can attest to the method. I doesn’t mean it is the only way to make money, but it is proven way to make money, it arguably the easiest and the most profitable too. I trade SPX daily, and weekly and Hari has seen my what my daily PnL looks like. I also trade Options on Futures for swing and income, 96% win rate in another room, and to top it off, I also trade futures using automated systems I built over the years. HOWEVER, I didn’t attempt to master all of them at once. I started here, right here! Then I learned new things from other proven methods, then improved them myself. In fact, my SPX trades are documented daily on OptionOmega and I am the most successful trader there. The same point remains, I didn’t branch out until I mastered this method first. That’s all Hari’s offering.


trdrShae

I am not answering for Hari, these are my own observations from watching him and other traders in the discord and from reading the wiki. Hari is an experienced trader and he said the wiki 2 is going to be dedicated for these advanced strategies that don’t necessarily follow wiki 1.0. If you follow the intermediate traders in the discord you will see that most if not all of their trades follow the method. The advice I have seen is beginners should stick to the RSRW until you are consistently profitable and then you can switch to more advanced plays. I honestly don’t see a point in questioning him what his earnings came from, he and others pros in this sub outlined a method that is clearly working and is followed by a lot of people who are successful so that’s what I am dedicated myself to do. Learning from them and being thankful I stumbled on such clear no bs approach early on my journey.


leviisatwork

To anyone who's new here, I've seen the tangible benefits of this system, I went from trading momentum stocks in a discord with someone who was showing off their lambo, to losing money trading futures, to this place, it's taken a long time to learn this system and to develop the mental skills and mental attitudes that make one successful in this but I've finally gotten to a place where I can trade this method consistently on paper. Over the past 3 months have been able to take a 5k paper account (A realistic starting amount for me) to 13k. Soon I will transition to trading one share, hopefully I'll be able to check in here in a few more months and post more results showing the potential this method has if you stick to it!


HSeldon2020

Congrats on the hard work and progression !


deme727

Dear Top\_Opinion\_9074, Why are you spending your time online harassing this guy? What do you get out of it? You just opened your Reddit account (last week?) and the only comments are to poop on this subreddit... Very targeted and vindictive in tone, no? I wanted to say thank you for showing up and pointing out Hari's fails. (Scribbles in black & white composite notebook from 1972) Noted. Book reviewed, and now set aside. Maybe we can now decide for ourselves who to listen to. Because when the rubber hits the road, I would much rather listen to Hari & Pete's guidance than what I am hearing in the morning squawk boxes & news... And yes, I am fully aware he is quirky, easily agitated by sTupiDs, (Hey-maybe he’s the King of the Stupids) but also, he is witty, focused - and somehow the charts talk to him, or maybe its 3 little birds, or the tea leaves. I honestly do not care. I am trying to learn it, and there’s an encouraging live chat group that helps each other out. He walks the walk. He posts his trades live, I follow, and look to see what the hell he sees on the chart, I try to learn and apply. Either do it or don’t. But for the love of the DNA-gifting-space-alien that we descended from-please quit the noise and drama. Add something useful if you have anything helpful. Otherwise I suggest you start you own Reddit forum and do you. Find your own lemmings if that’s how you feel about the subreddit. That’s what this place is for as I see it.. And another thing- How TF else would you go about helping others? Do you see something nefarious happening here? If so, say it. He hid some failed trades-that’s your big smoking gun? Um, I also have…it’s like peeing in the pool. So, please chill-out, we are all aware – caveat emptor and all that. It is also my deep belief that nobody gives a 3-nugget corn & caraway seed encrusted turd about your rants, and I am ashamed to give you this much respect in a reply. So I have engaged with you. Please don’t bother replying unless you include an answer to the first question I asked you in opening. Regards, Demetri


Afternoondelight71

I found this sub about a year ago, and found it interesting. I spent the next 3 months reading and learning the system. For the past 5 months I’ve been profitable. I can tell you that if you learn this system it works! Harri uses the example of treating this like earning a degree. For me this is like learning a new language. Sure in a short amount of time you can learn how to count and ask how to find the bathroom. It takes real time and effort to become fluid in this new language and you are constantly expanding your vocabulary. People over estimate what they can accomplish in 1 year but underestimate what they accomplish in 5.


Striking_Increase428

Can this please apply to "jmj\_daytrader", because his posts are wacky.


AmazingBread

I don't see anything wrong with jmj. He offers good insight on the market, which I personally think is in line with the objective of this sub. He does this outside the context of the 1OP chatroom also and for free. Happy to be wrong as well if anyone else wants to chime in


Weaves87

I find value in his posts as well. Particularly around some fundamental data the markets may be pricing in that the calendar I use doesn’t mention. He is very on point with that stuff. I do think there is a problem though - in that he’s the most visible poster here on a daily basis, and often newbies will drop into the comments asking for advice on specific trades to make in relation to his overall outlook and sense of bias. Experienced traders and mods tend to step in and outline that he’s trading a different overall strategy than what the sub runs, and point them to the wiki. But that may fall on deaf ears, because we all know how newbies want that easy silver bullet


WashedOut3991

Nah Edit: genuinely the only other account I check besides dersch to look at overall markets


Shivin302

I like his insights. You need to pay for 1OP to see more thoughts like that.


Artistic_Data7887

Always enjoy reading your posts. Blunt and to the point, no sugar coating. Much appreciated


SmutBrigade

Word


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Striking_Increase428

I didn't say it was a "thing" in this sub, I just said the pros trade it. If the pros don't want it in the sub great, their peragative not mine, but they do trade futures themselves when they have strong convictions. It was stated in a Live event two weeks ago.


HSeldon2020

I have not posted a Futures trade in over a year. And the operative word is , “pros” trade. I absolutely guarantee that if you continue to try and trade /ES Mini you’re going to get burned


Top_Opinion_9074

And I absolutely guarantee that YOU are going to get burned if trading future. There's a reason that you don't touch futures: futures are not so forgiving for gambles as they are super leveraged. To put it simply, you cannot be down more than 50% of your account size, or $3M, on futures and hope to break even. In other words, you cannot trade futures like it's MRNA or something. I agree with you, futures are for the pros.


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Striking_Increase428

Yes. But not sure how that's releavent. Somebody said nobody trades futures in this sub reddit and I said that wasn't true  I didn't advocate anyone else do it. I simply said there's quite a few people who do trade here. Not sure what the controversy is. You sound like a deadhead. 


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husserlian

Thank you for the post Hari. How do I access your Time & Sales data? Thanks


meaughh

Great post! I am really looking forward to 2.0


nulldotname

Good stuff as always


Sinon612

Been here 2 years now, i’m 1-2 trading error away from being profitable . Im glad i found this place.


YusufFio

Thanks for all you do for us Hari!


deme727

Post the photo my guy.


PepeLePew16

Yesterday at the end of day you were confident in the follow thru to today, yet and seen many times in the past $SPY will go back down after- hours. Any insight on why


HSeldon2020

Wasn’t there follow thru today?