OK, I think I’m finally done monkeying around with my beautiful Top Ten Traders page, but I wanted you to know we’ve got the Open P/L column added and all of the numbers have meaningful links. Give it a whirl!!!
Tweaked Top Ten
Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
Couple Correlations
It took me so long to do Part One and Part Two of my “bad predictions” post, I was just going to call it a day until tomorrow, but I’m prone to self-guilt, so here I am again with a new, quick post (while simultaneously working on an entirely new project for my Diamond members).
As I’m sitting here this evening, the markets are (of course) pushing to new lifetime highs. Since cryptos have been on an absolute tear lately, I was curious how Bitcoin correlated with equities. Here, below, is the SPY with its correlation to $BTC beneath. As you can see, right now they’re about as correlated as they can be, with equities and cryptos cheerfully lurching up together. The curious thing is how the correlation is a relatively smooth sine wave, suggestion that these two are going to part ways again and work their way toward being inversely correlated.
The Value of Rectangles
One of the coolest aspects of virtual trading on the site (as well as real trading with Tradier, since the same features apply) is the Trade Rectangles that appear directly in SlopeCharts. I wanted to offer a couple of examples from my own account to show how this can be helpful.
My most profitable trading vehicle has been the miners, symbol GDX. Below you can see a recent trade, which was quite profitable. But, umm, wouldn’t you agree I closed that a bit too early? I’m toying with that idea of showing what the value would have been at the present moment, but I’m not sure if people would lose their minds if they were able to experience computerized regret so easily.
A Hero at Zero
The Top Ten page has become a favorite of mine here on Slope. As most of you know, it tracks the top ten most successful traders in Slope’s Virtual Trading feature, and Rich is biting at my heels for the top spot…….
A Perfect Ten
Another big improvement folks!
First, a TOTALLY BANANAS OFFER for those of you who want to have a premium membership on the cheap. Since you can get Virtual Trading (and a bunch of other goodies) at the Bronze level, I am offering it here for 9.95/month – – and you get that rate for life. Click here to snag the deal.
On the Top Ten Traders page, there is a constantly-updated list of the most successful virtual traders, ranked in terms of their Total Equity. You can sort this table of ten based on any of the columns, but the default is Total Equity, which puts the most profitable trader at the top.
