He trades one stock at a time in each account to limit his risk exposure. Six of his accounts had win ratios between 92% and 97.66%. Overall, Capablanca uses up to six trading accounts Interactive Brokers and Cobra make up most of his gains. Olivares noted a potential margin of error of 2%, bringing TraderSync's 91.57% win ratio for Interactive Brokers to 90%. David Olivares, the chief technology officer at TraderSync, examined the statistics against Capablanca's Interactive Broker statements and raw trades obtained through the Interactive Broker API, and cross-checked some transactions from his Cobra account. According to TraderSync, an online trading journal that tracks performance, his current win ratio is 94.91%. Insider viewed monthly brokerage statements of Capablanca's trades between February 2021 and April 2023. If most of these variables converge, he uses the indicators on a chart to help determine whether his thesis is playing out. His list includes sudden price increases above 40%, positive news catalysts, stocks with small market caps and floats, low borrow fees, low institutional ownership, and near-term dilution. He has a checklist of variables that he looks for before deciding to short a stock. However, the chart isn't his only point of reference. While he uses many of the same indicators as long-position traders, he's looking for signals that could indicate a reversal to the downside. On the other end, David Capablanca tries to profit from the falling price of a stock by short selling, borrowing a stock and selling it with the intent of repurchasing it later at a lower price and pocketing the difference. Long-position traders attempt to read signals that could help them profit from the rising price of a stock or limit their losses. These signals are data points that indicate things like share price and trading volume, to name a few.īut it would be a mistake to assume that everyone who looks at charts interprets the data similarly. When a trader looks at a chart, they see the same candles, lines, and bars that every other trader sees.
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