Recent content by leonarda

A while back when i was bored i decided to trawl neke's entire 2009 journal to get an incite into how he made the 210k that year. What i found was even though he is a day trader he made the majority of that years profit on half a dozen or so trades. These were enormous winning trades of the...

Well said. You obviously know your business...

1k doesn't indicate where his stop is it just indicates his position risk ie. Less than1% which is good. Just shame his win rate is rubbish!

i was thinking the same thing, he's making all this up as a big joke! He doesn't even trade, just wants to post comments to see effect... i mean he's shown no real evidence of trading all year, eg. Trades taken, statement or anything? Ha ha ha, good on you neke, you had us all going...

you're exactly right here, and this is where he needs some mental strength, which is half the problem with trading...

also, see BusinessMan's post above who recovered by this means. A typical "losing trader" tends to think "...ah but if I cut back my size and I start winning again i'll not get back to profit...". Fact is they go broke instead!! Get back to a winning trend, then increase size. So tip 3. DON't...

Some tips for you neke 1. Number 1 rule is CAPITAL PRESERVATION 2. When your account is trending against you badly, ie.long drawdown, reduce position size until your equity starts to trend in the right direction, then increase size... Simple as that! With your current performance i would...

I gave up revert to mean pairs trading as i determined all it was is a market neutral top/bottom picker strategy! Which as most know is a waste of time...

glad i am of some help...however 2years?! That is doubling yout account, 100%, every month with fail!!

You keep quoting "when i get to 500k etc.." and you're starting from 2.5k... You're delusional mate...unless this is your 10+ year goal or something...? In which case i apologise.

hope you're still not short?

I would say you need to reduce your position size by at least a factor of 10, but of course that would then reduce your profitability expectancy from 600% to 60% per annum. But what would you prefer 60% or broke?!

wow! do I read that correct?!? max win and loss days as a % of account, +40% and -30% !?!?!! your account won't last long with days like that! This thread could get interesting...!

agree! What i was saying was bizarre was that neke fails to take advantage in such an easy market!!

It is a bit bizarre that most good intra-day traders are making a killing in this volatility, but something ain't working here for you Neke...