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Sekiyo said:
Price fell to 3285.
Might add a 3rd contract at 3293.
We should head towards 3278.50 but ...
I am afraid Mr. Market stops around 3281 ...

Might TP @ 3281 let’s see.
if we get there.

3rd short contract filled at 3293.
Moved TP (3buy) up to 3281.50
More...

Oi! You are doing the same thing that caused you to lose first TST account, yeah?

You are averaging into a losing trade which has a restriction you cannot meet?

Now is not a good time to average into a losing long. Take it from me, I'm 500 points down at the moment. :-)

But because it is my own money, I do not have a "trailing or max drawdown" to worry about.
 
Overnight said:
Oi! You are doing the same thing that caused you to lose first TST account, yeah?

You are averaging into a losing trade which has a restriction you cannot meet?

Now is not a good time to average into a losing long. Take it from me, I'm 500 points down at the moment. :)

But because it is my own money, I do not have a "trailing or max drawdown" to worry about.
More...

Buddy.
I averaged into a winning position.
Sold 2 at 98.50 + Sold 1 at 93.
But not sure it’s a wise move.

Averaging down is not a problem if done well.

1st account blown up I just didn’t cut my loss.
Was 3 contracts Long while we made - 30 Pts.

78.5 was my initial TP but I moved up at 81.5
 
Price retraced a bit more than expected.
We could even go towards POC again.
Which is actually my 1st entry (98.5)

Still bearish so I am holding,
But I don’t really like the waves up.

Let’s see.

34FBD590-9957-404A-8BA4-B54FBAF1C8C4.jpeg


Problem is we are currently in equilibrium.
We did just gravitate around the POC.

By adding the 3rd contract,
My average price is below POC,
Which is a bad price for equilibrium.

Waiting to see if the market wants to move.
But currently there is not much volume.

Maybe at US open they’ll hit my TP ...
In 10 hours lmao. I’m 5hours in already.
 
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Got a divergent PnL against TST.
I take the average Limit Price to calculate entry, exit.
But I've seen they have an Avg Fill Price column and that's where it diverges.

Limit Buy @ 98.25 is actually filled in average @ 98.00
Which is strange since it's a limit and not a market order.

upload_2020-2-24_20-24-18.png


I've also flipped upside down my report.
Added a Kelly criterion measure and averages (in gray)
However the column percent is arithmetic mean but should be geometric.
It doesn't want to work ... Maybe because I have blank cells in Btw the days.

upload_2020-2-24_20-28-50.png


LMAO Kelly tells to risk 71% of account on each bet.
That's the problem with small sample size.
Guess I am over performing.
Should regress.

Also can't revert the chart because excel online is fucked up.
 
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I am short 2 contracts @ 3255
TP 3245.

Closed @ 48

Market went down to 45.25
Seller @ 55 if filled
 
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Currently short 2 @ 3252
I target 3240.

Market went to 3247,75 and back up towards 52,50

Not covering yet.
Target 38.25

But if Price reach 58 I'll cover on pull back.

52.50 is actually a nice selling area.
SL 59.50. TP 38.50
7 vs 14 pts.
 
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Filled 2 more shorts at 54,5
I am therefore short 4 contracts @ 53,25 avg.

Getting out at 50
I don't want to go towards 58.
 
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