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EURCHF short closed with a loss of -$40.25 as well as a -$1.00 swap fee. Total loss on trade -$41.25. Not the best conditions to be trading intermediate term waves. Still holding steady. Return FX: +20.50% Got filled on MUSAW at 2.74/share. Not a bad fill. Positioned well for the takeover...

Echardt is one of the best money managers out there. He also trades like the turtles (aka trend trader). Here is his record for his regular, leveraged fund, and monetary fund: http://www.autumngold.com/Advisor/CTAProfile.php?op=profile&id=397...

The OP seems to be obviously setting a situation to bash the turtles. I doubt they care....they are probably too busy relaxing in their estates.

I just learned a lesson in trading. DONT BE LAZY. I forgot to update my indicators on TKO over the weekend and missed a very nice signal to go long. Here is a chart based upon last week's data: Notice the divergence between price and the indicators. Today TKO is up over 7%. A foolish...

FX Took a hit on EURUSD with a $74.00 loss on the long. Action hasnt been the best out there with a swift ride up and then even a faster one down. However, not overly worried. Diversification through systems and pairs is paying out as I would have had a bigger loss otherwise. Currently...

Equities Okay making some changes. I have sold off my entire MUSA position and put in orders to get in on MUSAW instead. The reasoning for this move is expressed in the following exerpt: "Now let's quickly consider the warrants. The question is where were the warrants trading last time...

FX institutionally is about the informational flow. The best FX institutional traders are the traders with the GREATEST informational flow due to connection. Look at people like Soros, Lipshutz (sp). They are all about connections and gaining the informational edge. So naturally they will talk a...

Hey auto> Thats excellent. I have had great success with positional auto trading systems while my success with methods that you use is dismal :(. My trades run from 1 day to two weeks. Profits are in the hundreds of pips (500+ maximum profit i have had on a trade) while max loss was 103 pips...

What you need is backing by a significant source. Most fund startups that last are ones that have one-three investors who are willing to throw in a pretty big chunk of money. You would use that money to begin betting and building up a sizable track record. What happens is that these big...

jr97>Thats a good idea there. Way too many people there have lost substantial stakes by trading 2K+ accounts and trying to get first placed through high leverage. Nice that someone else is sponsoring you. Way to play a win win situation ;). Nice setup.

The opening today was a pretty calm one. A continuation of action from last week so no big gaps or anything. Lets hope this week we profit well. BTW I have also decided to quote the profit I made in term of percentages as well as in dollar amounts. This is because a key component in trading...

Great to see you here. Have followed your journal over at Moneytec and seen your solid results. Have diversified my system to incorporate some key momentum based methods as well as applying a multiple timeframe setup. Should affect for the better. Many pips to you.

They really cant disclose how they trade. Thats giving away trade secrets. However most guys there are overleveraged, over trade and thast why IBFX is making so much money out of that contest. Notice how only positive returns are posted ;). Hmmm can your returns be sustained? If you can...

I might be entering in October. Already trade solely through automation. Best of luck. Hope your systems stack up....I happen to know quite a few of the winning guys as well as past winners ;). They are gonna be tough to beat. (However the traders individually are volatile but this group of...

Even though I am a systematic trader I still do like to analyze the markets and try to give an unbiased, reaction based trading view. So here is my thoughts for the coming week on four pairs: EURUSD There is some very strong resistance overhead. Especially on the H4 charts where we saw...

Closed out all positions as of now. Made up almost all of this week's losses. So ending the week with a loss of $51.52. Not really a terribly bad week. The reason I have closed all positions and stopped all trades for the remainder of this week is because I have made some key changes to both the...

Prediction may not be possible but you can always your statistical studies to determine to worth of your reactive system. There are many roads that lead to successful trading. When you say statistical edges are useless then you are basically saying people like dunn, campbell, borish are all...

Wow. I just realised that I didn't have my trailing stop function on. No wonder some of the 40+ pip winners last night ended up costing me 200 bucks. Human errors like this annoy the heck out of me :mad:. Oh well. Currently account recovering nicely. Down just 40 dollars for the week. Only...

Yes as there are several bucketshopish type brokers in FX. Currenex is solid. Personally I use interbankfx. Their hedging is done by outside entities and their platform is solid for automation candidates. I am more of a positions trader. Tried intraday trading/scalping but never could get one...

FX Pretty rough! A lot of whipsaws this week reminds me of the start of last week. Systems trying to pick the start of new trends but getting stopped out by the criteria stops in place. Overall for this week I am down 210 dollars. Last weeks profit still keeping me net positive so not...