[ Private Beta ] Perfect timing. Perfect trade. Imperfect app.

Wow - we actually opened the week red.

We were in the midst of saying we haven’t had a red monday in years but then again it’s Tuesday because of the Juneteenth holiday which we celebrated in a small Carribean village indulging in French 125s which subs the gin for brandy and is quite delightful in every way one can imagine.

Let’s go back to Friday and take a look at what RIGD AI flagged.

Friday was “quad witching” aka one of the four days per year where max fuckery is taken to a whole ‘nother level… like swapping the gin for brandy and knocking them down like it’s unlimited mimosas at an overpriced college town brunch.

And it was a strange day indeed with a ton of bombs firing both ways, price going nowhere until the end of the day when we saw a bit of a nuke.

What worked

These were 100%+ trades, not perfect by any means because there was probably an 80% drawdown on the way (yuck but not every day will be like Thursday 6/15) but still very profitable if you took it and held it through.

The first thing we like here is seeing the alerts so close together starting at 10:15, 10:21 and then 10:44. Next look at the score way over 500,000! Normally a very strong signal.

What didn’t work

We’ve been on this for a few months but haven’t seen a butterfly spread trade this big! This part of the position was over 12 million and it broke our algorithm showing alerts for bear and bull side when really this trade is only profitable if price action remains flat.

They lost money on the trade showing even smart money can be wrong sometimes.

What we fixed

We’ve accessed the spread trade API from one of our data providers and have segmented these from our data / calculations. What we’ll be adding in the future (possibly near but also possibly distant) is a way to visualize these on the chart. Spread trades are a lot more complicated than number go up or number go down, but can be helpful to see before taking a trade.

This week we will be shipping the following:

1. improving live feed table (dropdown filters for strategy, ticker, date, etc)
   

2. paper trade v1 (w/ user profit/loss settings)

   • we send alerts for trades, you choose a side and the app will automatically take the position and sell it based on your stop loss and take profit percentages.

   • leaderboard to see who’s winning, who’s losing and who’s taking 20% profits instead of letting them run to 100%+
     

3. dashboard + historical returns - showing the best alerts RIGD flagged and commentary like what’s in the report on why and how they worked

Looking at the four non-alert alerts today:

We’re trying to send alerts strictly when there’s the highest chance they will be profitable.

Less is more…

But today we made a mistake and will write about the pain to feel better.

Remember if the score is below 500,000 score they appear on the chart but don’t get the live tracking for the options.

Maybe this is something we’ll tweak later on or allow paid users to change settings because if you want action there’s no reason RIGD should be holding you back.

The QQQ alert that inadvertently was not sent was an epic trade perfectly timed. The BEST trades will be when they move in your direction immediately, you make money and can go touch grass drink French 125s or do whatever else that makes you happy.

Just look at this thing…

We use 12:05 (since the alert came in at 12:04:58) and highlighted the minute in the yellow bar. Here is when the QQQ 365c is trading for 0.59.

The next minute it rips and has gone up 52 bps in the last 23 minutes. We actually re-made this screenshot a few times and you know what the QQQ keeps going up.

0.59 to 1.35 for 128.81% in 15 minutes… probably closer to 200% now with QQQ at 366.82.

Perfect trade. Perfect timing. Perfect rip.

Imperfect application.

We’ll work on it and get it right… in the meantime…

Stay frosty.

thanks for reading THE REPORT by RIGD AI

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