2012: The Battle for Survival

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Quote from riffrafffpatrol:

Neke this is ridiculous-- it's time u stepped up & posted your trades.

Neke are you a coward? Afraid of looking square in the face the cold hard reality of the weakness of your strategies?

Up 4k on 4 trades TELLS US NOTHING!

We don't know if you were a loose cannon and had 60% of your capital at work or 22%... we don't know if you doubled or tripled down to get there... etc etc...

POST YOUR TRADES!!!

Failure to do so proves you are BS....
 
Neke doesnt have to post his trades if he doesnt want to, this is his Journal.
In previous years he used to post a sample of the weeks trades:
"Top/Bottom Discretionary Trades for the week"
His confidence must be down, i bet he can just about bring himself to post his P/L every friday, must be really hard when you are bleeding money like he is at the moment.
 
Quote from riffrafffpatrol:

Neke are you a coward? Afraid of looking square in the face the cold hard reality of the weakness of your strategies?

Up 4k on 4 trades TELLS US NOTHING!

We don't know if you were a loose cannon and had 60% of your capital at work or 22%... we don't know if you doubled or tripled down to get there... etc etc...

POST YOUR TRADES!!!

Failure to do so proves you are BS....

Non-sense like this has no business being posted.
There are many legit reasons for not posting trades.
 
Neke's weekly p&l in graph form for first half of 2012 (24 weeks).

Second chart is the weekly p&l sorted low to high.

50/50% winning/losing week ratio so far this year.

Average losing week: -8500 USD
Average winning week: +5000 USD

My advice to neke is to impose a 5K loss limit for the week, if you are down this much then close all positions and stop trading for the rest of the week.

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Quote from southall:

Neke's weekly p&l in graph form for first half of 2012 (24 weeks).

Second chart is the weekly p&l sorted low to high.

50/50% winning/losing week ratio so far this year.

Average losing week: -8500 USD
Average winning week: +5000 USD

My advice to neke is to impose a 5K loss limit for the week, if you are down this much then close all positions and stop trading for the rest of the week.

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That doesn't make any sense whatsoever to me , why would you arbitrarily close out positions before they have proven themselves. close out losers sure but not winners. The arbitrary time frame of a week is irrelevant.

The only way that makes sense is needing time for an overhaul of strategy , but arbitrarily stopping trading is a sure fire way of having a losing week.

just remember pro shops close up after 50% losses etc because they know getting that 20% new high performance is so remote that it's better to close up shop and fleece new sheep with the new reset.
 
The main reason is to protect a winning strategy but as of right now, I think we can agree it's not. So in that case, why not share the trades? There might be someone who can help improve results. Worse case, no one can help but then the results are the same.

Quote from PHOENIX TRADING:

Non-sense like this has no business being posted.
There are many legit reasons for not posting trades.
 
Quote from lwlee:

The main reason is to protect a winning strategy but as of right now, I think we can agree it's not. So in that case, why not share the trades? There might be someone who can help improve results. Worse case, no one can help but then the results are the same.

+2

Reverse engineering a system is not possible imo. If it's possible, then please reverse engineer this for me: short October 2008, Long January 2009, Short July 2011, Long November 2011, Short April 2012, Long June 2012. See? :)
 
Quote from neke:

Weekly Update for week 20/50 ended 6/2/2012

... Sizing for the next four weeks (6/3/2012 - 7/1/2012) will be reduced by 33% - max option size now set at 2%. Target will be a measly 3K. The emphasis now is to turn a profitable month no matter how small. Need some steadying of the ship and some shot of confidence.




For the period, lost 9K against a target gain of +3K. Another dismal performance. For the 5 weeks from 7/1/2012 to 8/5/2012, target P/L is being set at +6K. Let's see what happens with all the changes and risk control being put in place.
 
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