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    Taking 103K to 1.2million by Year End 2008

    Yes, 7% would be a good week under normal circumstances (if that could occur every week). However, knowing the bad weeks will come, where I would be under water, and may need several weeks to come out, the good weeks had better be very good!
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    Taking 103K to 1.2million by Year End 2008

    Weekly Update for week 22 ended 06/13/2008 An OK week, up 9K (7.2%). So much volatility in the market. Could be an opportunity if you plan your trades and trade your plans. Should have been a better week without that loss on Thurs on FSLR PUT. The conditions were not fulfilled for an...
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    Poll: Is it humanly possible to capture 3x ATR everday?

    Just looked at the poll result, and it says 21% think it is possible. I don't know whether it is the same jerk voting yes multiple times, but in case it represents the actual ratio from viewers of this thread, I am appalled at the amount of gullibility out there - or should I say crass ignorance.
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    Trading pools?

    Who contributes? Who bears the losses from your trade?
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    Taking 103K to 1.2million by Year End 2008

    I read your thread where you are thinking of quitting. I know it may sound harsh, but one-year of trading is not enough to throw in the towel. Probably you started too big (with all the money you have). I was guilty of the same. Lost more than 50% in my first two weeks in the market. Still spent...
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    Taking 103K to 1.2million by Year End 2008

    Maybe I should just say: Que Será Será. A little bit of deviation from plan - I could also say a little bit of deviation makes me money sometimes!
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    Get The Hell Out: Part II

    What makes you think this will be different from your earlier call? The low on the S&P after your call was about 35pts lower, while the high was more than 70 pts higher, twice the downside (over a two-month timeframe). We are right about the same level as when your first call was made. Why...
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    20 reasons why Oil to NEVER hit $135.00 again...dated: May 22, 2008

    Nothing to be sorry about. You were right for two weeks! Congrats on that. All you need to make big money is being right one-day or one-week at a time (depending on your holding time-frame), and you will be super rich in the long run.
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    Taking 103K to 1.2million by Year End 2008

    Weekly Update for week 21 ended 06/06/2008 Deeply negative week, down 11K (7.8%). Nothing seemed to work this week. Started badly shorting ACOR. Not a wise decision. Lost 5K. Lost further sums on Wednesday and Thursday, recovering some on Friday. All in all it was a disappointing...
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    Slaughtering the Sacred Cows of the trading industry

    I have thought about (3) above, but the problem is the managers would shut-down and start another fund once they have a losing year, so as not to carry forward any loss. But point (2) seems to fix it in those situations when the manager has good years prior to the loss. Great thoughtful...
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    Taking 103K to 1.2million by Year End 2008

    Wow, -100% drawdown? That is a wipe-out. I don't see how that could happen. Remember these figures (draw-down and run-up) are percentages of the original account balance (not of the traded amount, and I do not trade with a leverage greater than 1.0 in a scenario that has a possibility of a 100%...
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    Taking 103K to 1.2million by Year End 2008

    The leverage (relative to account size) remains the same. The 40% draw-down is just an expectation I have when playing at the optimum for all the strategies. It could be more, it could be less in practice. So far though, I haven't played at the optimum, since I think still need to get my acts...
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    Taking 103K to 1.2million by Year End 2008

    Thanks. Yes, the key is staying off those big avoidable losers. It is quite acceptable to once a while suffer a big loss on set-ups you know have potentials for big gains (with the occasional big loss). The really hurtful onces are those you could see right after you entered it that you are...
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    Taking 103K to 1.2million by Year End 2008

    Weekly Update for week 20 ended 05/30/2008 Barely positive, up 1.1K (0.8%). Pleased to have ended the week above water. On Wednesday, lost 5K through a bearish stand on FSLR. Saw a 3K paper profit turn into a 5K loss. Then came Thursday, and all hell broke loose, as I incurred loss after...
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    Taking 103K to 1.2million by Year End 2008

    The amazing thing with the automated strategies is that when I go back to what the strategies would have done, it still tells me it should have been very profitable, if I had let the system take all trades and close them as well. The system on a very active day could detect 10 set-ups, but...
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    Taking 103K to 1.2million by Year End 2008

    I sure hope it continues
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    Taking 103K to 1.2million by Year End 2008

    Well said. The law of compounding is necessary to hit the target.
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    Taking 103K to 1.2million by Year End 2008

    Weekly Update for week 19 ended 05/23/2008 A good week, up 11.7K (9.1%). Made money Monday, Tuesday, Wednesday, Thursday. Gave back 6K on Friday. The week started on Monday with some bearish position (PUT) on SOLF after it ran above 26, finding no shares to short. Decided to pay the...
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    dbphoenix Journal's

    I would recommend you put a menu item called Announcement on your home page (maybe after the Contact Us) which takes the reader to the latest communication from you to the reading public. They should not have to search for some hidden thread in a hidden forum to get the latest feedback from ET.
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    dbphoenix Journal's

    I noticed attachments to my current threads are gone as well. Donations are welcome from ET members to help Baron acquire extra storage space.
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