Search results

Naka, I won't be posting individual trades. I will just do a weekend summary. There are not many journals around that do a end of week equity marking. So enjoy the show. Model of my journal is based on Neke's and Lescor's journal. All end of week result reporting format, no individual trades. Thanks

yes ammo, I am just going to trade 3 strategies (win rates between 40 and 50%) going forward for most of the time like 90% of time or so. Will trade other setups only rarely actually very rarely.

Welcome to the new journal. This is going to be a no nonsense journal, focused on making me independently wealthy. This journal will continue till account increases to at least 1MM USD, at that point I may decide to stop this journal. I will run this account with the discipline as if I am...

Agree with few of your comments and disagree with few. My aim with this journal was to stop blowing up - earlier I would blowup in 2-6 weeks. I accomplished that. My 2nd aim was to turn my 5k into 30-60k. Failed. My third aim was to get serious with my record keeping and analysis. Done. As an...

Very nice of you to quote a number. Now that makes it a very meaningful contribution. 95%+ on this site haven't traded even 10 mm notional, forget about 50mm. I am curious what was your highest annual PnL though (feel free to PM me if you don't want to answer that here in the forum). Also, was...

Oh a piker means someone who trades with a low account size - 5k-10k-50k-even 100k. not trading millions basically. If you really worked that hard, I am really surprised why you think nothing works in trading any more - mid frequency type - like hold period of few hrs to couple of days...

Agree with most of what you say - just want to bring to your attention though that some funds might be trading with a multi-month hold periods. If trade hold period is in months, 72 trades is a very reasonable and respectable number to have in a backtest. E.g. consider going long when MA50...

cont. from above: Where I failed: 1) I had hoped to take my account to 30-60k in a year, after 6 months, I am below where I started. :( 2) The biggest reason for losses was trading ES. I lost around 10k in ES trading, and I recognized it early, but just couldn't quit trading ES. Wow - the...

Above was my 2nd post in this journal. I left my job, decided to take up trading full-time and now I am closing this journal - so its a good time to refer back to this post and see what I achieved over the last 6 months. 1) Well, I blew up 'technically' (defined as account equity going below...

Hi, I posted on ES journal regularly for like 3 months - but most of my trades there were losers. So please don't follow me there - or maybe you can trade against me :) I lost around 10k or so in 3 months. For FX trades, where I make money, scalps for 4-8 pips are done in 1-10 minutes. Longer...

Update for week 26 ending Jan 20, 2012 : Posting after a long time. -2400$ for the week. Lost on all 5 days - happened for the first time in 26 weeks. Goes to show how bad things can happen even after sustained decent performance. Bad trading for last 2-3 weeks, even in FX - most of the...

Just discovered this thread - good ideas to pursue here. But curious if anyone is successfully trading these ideas - because there have been conflicting backtests presented - some showing profits and some losses (when considering tick data, which would be the case in reality). So, curious if...

A bit modest target ---- LOL :) Actually, I think swing trading is one of the easiest ways to make money in the market. just follow 10 different markets - say 5 currencies including crosses, S&P, gold, copper, oil, ng etc. and just keep buying and selling pullbacks and overshoots in the...

Since we are discussing thought I will update, I booked my euro short position with +5 pips after being in the position for 5 hrs. Closed all other positions also for the time being.

agreed generally euro has been super strong compared to others. Shorted it after PMI miss, think it will go towards 1.31 - especially given SP weakness. have a buy to cover order at 1.311 and stop at 1.321. so we will see how it goes.

I had a dream tonight in which I saw CL June contract was trading at 78. Finding it hard to believe, I rechecked my quotes and charts 3 times inside the dream and saw the fall from 107 to 78. I don't clearly remember the chart in the dream, so can't be sure if the fall happened over few days or...

reversed to long 1399

Interesting question !! Assuming none of this site members have met or talked to Soros personally, all the responses you will get would offer guesses of members - some wild and some informed. Let me take a chance. I have read Soros on Soros, Alchemy of Finance and listened to more than 10...

Thread has gone silent Sim short 1400, stop 1402, target 1397

AUDUSD and NZDUSD and USDJPY - Asian markets open around 8-830 EST and these currency pairs have decent moves.