Search results

You are absolutely correct. You hit the nail on its head. I have been a high achiever through out my life but I cannot believe that I was so lax about my trading for last 3 years that I never kept good stats. Its almost embarassing. Now, I am keeping stats. I have seen that worksheet you...

Some salient points about my trading this week: 1. I was much more selective in my trades this week, just took the well defined setups with 'right' size, without over-leveraging myself and without over-trading. Deserves a Good! 2. I expanded the number of potential trading set-ups to 19...

Update for week 9 ending Oct 1, 2011 : +1100$ for the week. 4th profitable week out of 9 weeks. Largest dollar positive week till now!! Weekly Stats: 1. Week PL: +1100$ 2. Start Equity: 2.4k 3. End Equity: 3.5k 4. Maximum equity run-up: 3.7k 5. Max Win day as % of that day's start...

Somehow I do not feel comfortable with this position and am closing it for a scratch. It was my lowest conviction trade that I posted here.

Short term tactical trade call: Long AUDNZD at 1.27, Target: 1.28 and 1.285/1.29. Stop: 1.26 Rationale: NZD rating cut. Somehow I don't have much conviction on this one, but I have taken the trade.

Totally made my day - laughed for 5 minutes!!!! Such a fcuking amazing website. Not even websites selling forex EAs have so many different kinds of products ads and shit like this. And the funnier thing is some paranoids will actually buy stuff from him - from gold and silver to 37 kinds of...

Sorry, couldn't respond earlier. Yes, there is always some risk associated with physical - I agree. I have some physical in the house, and some in a safebox in a bank. Sometime in future, I will also get one more safe in another bank - not only to hedge against robbery specifically, but just in...

I closed audusd at 0.9940, few hours back. Price action of AUD today was much weaker compared to yesterday and I decided to book whatever profits market is giving me. I also bought some physical gold and some physical silver day before yesterday. Hoping to keep them for long term.

Short term tactical trade call: Long AUD at 0.985. Target 1.00/1.01/1.02. Stop: 0.97/0.96. Rationale: Downmove in AUD was sharp and is overdone and AUD is set for a bounce. Price action in AUD/ES/Metals is confirming this. I am not sure how far this bounce might go though, so will book...

can anyone please tell me how do I insert the picture of equity curve so that it displays in the body of the message instead of just as an attachment. Thanks in advance.

Here is the weekly equity curve.

Few points on where I am after 8 weeks: 1. I have started keeping stats - but need to be more rigorous. 2. I have now 3 fully developed systematic strategies and one semi-developed systematic strategy which is showing a lot of promise. I have one more semi-developed strategy that trades...

Update for week 8 ending Sep 24, 2011 : +500$ for the week. 3rd profitable week out of 8 weeks. It was funny - developed a new momentum kind of strategy, while working on a mean reversion kind of strategy - took 1st trade and proved very profitable. This strategy trades less - like once a...

Update for week 7 ending Sep 17, 2011 : -1200$ for the week. Mistook a trade, thinking it was a strategy trade, when it was not. Error on my part, bigger error was that I didn't close the trade immediately when I discovered the error. Cost me 600$ or so. Account equity below 2k again. very...

how has been your historic trading performance, if you want to disclose ? Have you been successful historically - for what periods, trading what ? Trying to understand where you are coming from. Seems you have a worked out methodology with you . Best luck

That was a good trade GoC!

Gold was at one point down 110 dollars today. If I am not wrong, this is the single biggest dollar drop in gold in one day in history. Silver down 17% at one point. Classic sign of capitulation.....But then I said the same when eurochf moved down from 1.14 to 1.08 in 2 days, and from 1.24 to...

I have noticed (its still a small sample) that short term tactical trading calls that I have posted on Daal's journal have a pretty good success record - I am not completely sure but 'probably' I have a 100% hit rate till now. My hypothesis is that I only post my best trading calls on this...

Covered half at 1.3510 and other half at 1.3410. Good trade but would have been nicer (in hindsight) had I shorted AUD. :)

Short term tactical trade call: Short Euro at 1.3670, Target: 1.3500/20 area. Stop: 1.3720/30 area. Duration: 1-2 days Rational: Fed announcement to help short fundamental trade in Euro. Target decided by previous low