2011: Rebuilding My Battered Account

[~~~]

Quote from beginnerjohn:

Good luck Neke, keep working at it.

You have managed to teach a lot of traders about the highs and lows of trading.Please work on those impulsive, revenge type ones (as we all have to !!)


All the best

John

Hi John,

All the Best to you in 2011 ! John .. i think you are a kind~soul and real gentleman ... hope you are still enjoying dim~sum & yum~cha even you're not in HK anymore.

 

[Crazycod]

Good luck neke. I always log in to read your results at the end of the week and I find myself always comparing your results with mine. I hope that you will achieve all your goals for 2011 and more.

 

[lojze]

Quote from neke:


QUICK RECAP



Jan 2005 Dec 2005 15,000 132,000 880 (12,000) 135,000

Neke, how and what did you trade in 2005, that you had so big profit?

 

[neke]

Weekly Update for week 1/50 ended 1/15/2011

Flattish week, up 1K (0%).

Not much happening, except seeing my gains for Mon-Wed wiped out by a few trades on Thurs and Fri.

Opening Balance:               	    	335,899
Net gain for the week 		            870
------------------------------------------------
Net Balance:                   		336,769

Number of Trades	            	 12
Number of Profitable Trades    	    	  8

 

[neke]

Quote from bmwhendrix:

NEKE, Were the drawdowns last year from the market not being in synch with your methodology or from personal trading issues?

And thanks for sharing.

Mostly down to personal trading issues, but also the market didn't really play to my strategies.

 

[neke]

Quote from billyjoerob:

Very impressive record. Curious why you would withdraw cash from a tax free account. Assume you had to pay penalties.

It isn't a tax-free account. I mentioned my cash withdrawal last week (30K) was tax free only in the sense I had no profit to report for last year.

 

[rallydog]

Good luck Neke!

 

[skk7963]

Somehow, I don't see the capital gains taxes being paid/deducted from 2007 ?

Did I miss reading some of the posts ?

Quote from neke:

It isn't a tax-free account. I mentioned my cash withdrawal last week (30K) was tax free only in the sense I had no profit to report for last year.

 

[DDmaster]

Quote from skk7963:

Somehow, I don't see the capital gains taxes being paid/deducted from 2007 ?

Did I miss reading some of the posts ?

YAIKS the IRS has found us , EVERYBODY RUN AND HIDE !!!

 

[NeoRio1]

Quote from DDmaster:

YAIKS the IRS has found us , EVERYBODY RUN AND HIDE !!!

Hey Neke. Ha, just kidding...I think.