25 Years & $100 Million Profits... A to your Q's, Today Only

[gnome]

Quote from Thunderdog:

What has been your approximate % winning trades in 2007, and how does it compare with previous years?

I haven't added that up, and I don't think it's really important.

I remember one of my biggest years in mutual funds, >100% return, I was "in the market" only 23% of the trading days.

I remember another year where I broke even with only 25% of my trades winners.

I also remember one 5-year period of 70% winning trades... as well as one time where a client called me up and said, "Do you realize we haven't had a losing trade ALL YEAR? It was July, and I said, "you probably just jinxed us".... next trade was a loser.

It's all too variable to categorize... just take care of each trade as best you can.

 

[Spectre2007]

it was a pleasure to read this thread, thanks for answering questions. The conclusion as can be surmised are very simple in nature but hard to follow in terms of discipline.

thanx,
chris

 

[forex-forex]

Quote from optioncoach:

What is the fastest land mammal

Without checking Google I think it's the Cheetah .

 

[gnome]

Quote from forex-forex:

Without checking Google I think it's the Cheetah .

Oh yes. FWIW.. I'm a Biologist and Chemist by formal education.

 

[gnome]

Quote from Spectre2007:

it was a pleasure to read this thread, thanks for answering questions. The conclusion as can be surmised are very simple in nature but hard to follow in terms of discipline.

thanx,
chris

True as true can be. Trading is not complicated. It's also not easy.

 

[baller1069]

Whats your opinion on moving averages? Do you use any?

 

[nyxtrader]

I have to jump in and answer the moving average question...which is I don't believe he uses them too much. Am i right?

 

[Spectre2007]

Quote from jonnyy40:

I see you like to fish.Anywhere you can recommend for some really hot action? Salt or Fresh water.

when I saw this question thought it was about aquariums..

heres my salty... a aquarium is nice to have in your trading room/war room.

 

[bandit77]

How much capital did you start trading with?

 

[gnome]

Quote from baller1069:

Whats your opinion on moving averages? Do you use any?

I keep an eye on the 50 and 200 Day MA's, that's about it. But it's a good idea in a "big move" market to try to find the MA which fits S/R for "the big picture"... right now, it's the 400 day, or 80 week in the SPX.