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  1. W

    How to never get an account wiped out?

    That's exactly where I pick up my formula from. The example I gave before use a 50% win ratio, 6 consecutive loss @ >1%. I found (I) need more 12 trades (6x2) to be able to up size. 1.) Pure mathsmatic: 6 loss @ >1%, then you will have 6 win @ >1% for a 50 winning percentage system...
  2. W

    hhi.hk and hsi...

    been tracking Shanghi SSEC, it can move 2% in 5 ot 6 min, this is going to be fun or hell for traders...
  3. W

    How to never get an account wiped out?

    GG, I start trading fulltime HSI since Late August 2006. I went from 1 to 3 (size wise, 300%) in 3 months. Then I got my biggest DD. I love the market, and I would like to do it for the rest of my life if the market and my health allow me to do so. I retain 80% of my profits in the...
  4. W

    hhi.hk and hsi...

    I agree that we are not seeing mudslice as often as, let's say 2 months before. Are you seeing intraday ranges under 200 pts, and that's a dull market (from my experience).
  5. W

    hhi.hk and hsi...

    Margin Requirements, HSI $60275 HKD Mini-HSI $12055 HKD HHI $46670 HKD Mini only have 20% volume of the HSI, go with the standard one.. Bid ask spread is around 2~3 points. I wouldn't start worrying unless my size is 20+
  6. W

    hhi.hk and hsi...

    Kiwi, Any issues with the internet since the earthquake?
  7. W

    hhi.hk and hsi...

    around $60k HKD for HSI, used to be $38k for the HHI, I think it should be higher now..
  8. W

    The road to becoming a successful Trader!!!

    Amen to that! My suggestion find something simple that you can backtest properly. If you can program it, you can trade it. (meaning hard and fast entry and exit, but of cause you know it is not that simple) Read about proper backtesting, there are zillions of treads within this site.
  9. W

    Portfolio Management Theory: Trendfollowing

    it's screamingly obvious, he read this book, and hasn't risk anything yet...
  10. W

    hsi to hhi.hk spread - china index play

    If I trade them like pair trading, I would put the directional preference in HHI as you say the momentum is there.
  11. W

    How to never get an account wiped out?

    Hello GG, I would say most trader don't have an edge if it is defined by the winning % alone. (most are 50/50) As you know risk and reward, people use their risk management along with their system to give them a positive expectancy. My system perform worst taking a trigger stragiht off...
  12. W

    Publicly Known Strategies

    1.2^13=10.7 10.7 x $10k = $107k no, it's not that easy to go from $10k to $1m Think about this.. What kind of risk are you looking at to get that 20% per months? Will it wipe you out or reduce your position size?
  13. W

    How to never get an account wiped out?

    I had suffer a $78k HKD drawdown since my account equity peak in Mid-Nov, I made back $62k (ie, 80% of the DD) after Christmas, then I am down $15k (30% of the DD); net result? $31k to go (39.7% of the DD). Risk vs Return is about 4:1 If I have reduce my position size after the drawdown...
  14. W

    Afternoon Breakout

    I think 5pillar had have tread on bracket trade
  15. W

    Anyone here like HSI ??

    Yeah is thinner, still slightly better than mini-HSI
  16. W

    Anyone here like HSI ??

    1. Metastock throught local data provider 2. Phillips Securities HK office. 3. 1 4. Don't know, you tell me...
  17. W

    Anyone here like HSI ??

    just a little over 25% vs the HSIF this morning. my guess is about 20~25%
  18. W

    Anyone here like HSI ??

    I over reacted. Apology to WD40. Just sick of the typical HK Chinese, with no respect to their motherland. Mistaken WD40 as a local. (we PM'd). Anyway, sorry, shall we go back to the HSI?
  19. W

    Pictures of your trading decorations

    where is it, mate?
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