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Now, I have 20 weeks of live trading performance data. I did largest loss analysis again. Week 1 to week 10, 13 days I lost > 10% of my account in one day. My average largest daily loss when it was > 10% was -23%. Week 11 to Week 20, 12 days I lost > 10% of my account in one day. My...

Update for week 20 ending Dec 16, 2011 : +500$ for the week. Very interesting week, first 3 days were fantastic, I actually made back all I lost last week and actually more. Last 2 days were not good - gave back 77% of what I had made in first 3 days. Frankly, bad trading in last 2 days...

Update for week 19 ending Dec 9, 2011 : Posting after 2 weeks, it was bad the first week, so was a bit depressed that's why didn't post. -1700$ for the week. Pretty bad week in all honesty.. Lost money on 4 days. Wow!! Have stopped scalping as I was doing 2 weeks back, I think it costed...

Yes, for example over the next few days, long GC against short ES and short CL might be a good spread trade. Being long vol in this case. Just saying.

Thanks for your thoughts, very nice perspective. Further thinking it through, it seems to me that at least after today's action, relative weakness of gold has subsided. Probably, I will watch it for 3 more days, and if on relative basis, it does ok, I will buy it as a spread against something...

Thats being God-like humble!! Can you pls PM me your email id, I would send you a spreadsheet, will be interesting for you. Thanks Cheers, -GMST

Re-looking at the charts, it seems that my stoploss in the morning should have been much tighter on my long trade from 1218. At that time a 2.5/3 point stop would have sufficed to prove me wrong, instead my final loss was 1218 to 1211.5, a 6.5 point loss. Josh, please don't hesitate to...

was short at 11.25, closed it at 13.75 good start today but net net down by the end.

Have been following you for sometime, never posted before. Tremendously consistent trading, Amazing Thought-process and Great Discipline! Have to say Wow!!!

Last trade for the day: Short 1210.5

price action turning bearish again. Out of this trade at 1210.5. Net negative 0.75 for the day.

Alright Sir! That was some pretty cool explanation. I owe you a beer! Thank you again!

Yes, likely looks like a long here.

Thanks, but you are a professional and I am an amateur. So, it will be great if you can please clarify following for me :) 1. Who are the gunmen, what are they speaking - sorry if it is a metaphor, but I didn't follow. 2. What do you mean by players playing dirty above 20 - what is dirty ...

Bonds up, euro down, ES down but no movement in gold (compared to last 2 days volatility). Seems the downmove is done and its time to buy. Edit: I mean downmove in Gold is done, and probably its a good time to start accumulating again.

yup, got it mate, cheers!

uptickk, thats perfect, short and concise explanation :) Thank you

Lawrence, based on what do you say this. I respect your opinion, just trying to understand ! Thanks

Thanks for this, from the looks and initial read of it, looks pretty dangerous :)

Thanks, so basically there is no difference between quad and double and triple. Basically, traders use the word 'quad witching' to denote erractic mkt days....correct ?