CL Redux

Quote from johnnyqpublic:

I think NoDoji was kidding around with this one, but if you like "having profitale trades over 95% of the time" give it a shot.

Yes, but he has to short or buy the 1-2 min reversal signals at the end of the 8-9% move, if he wants to follow Spanish' instructions.

Good weekend everybody!
 
Quote from clightmarathon:

Yes, but he has to short or buy the 1-2 min reversal signals at the end of the 8-9% move, if he wants to follow Spanish' instructions.

Good weekend everybody!

Nodoji = she
 
Quote from Picaso:

Nodoji = she

C'mon , I know that. :D
I was referring to Mfbreakout, if he, I guess he, wants to test Spanish' only way of cl trading .

Anyway, mfb, to understand the context, read Spanish89 answer to me in my thread.

Now really have a great weekend.

:)
 
Nice scalp, DC :cool: .

Re: trade management, Picaso, i'm working on it! It's very simple, nothing mind blowing and probably been discussed on the forum somewhere, I'm sure. I'm just looking at risk reward, how it would affect the way i trade etc

Give me a nudge on Monday :D .
 
Day end Summary for: Friday, 21 Oct 2011----------

(This is a paper account started with $20,000 on Monday Sep 26, 2011. I follow the margin rules for IB.I try to post my trades in advance when possible and with graphs. I am not reading the thread so if you wish to contact me please do so by PM.)


CL 12-11 Sell 1 88.16 10/21/2011 10:50:56 AM
CL 12-11 Sell 1 87.56 10/21/2011 1:14:04 PM
CL 12-11 Buy 1 87.37 10/21/2011 2:45:15 PM
CL 12-11 Buy 1 87.64 10/21/2011 2:53:59 PM


88.16-87.37=0.79 = $790
87.56-87.64=-0.08 = -$80
net = +$710

Opening Cash Balance today $8,170
Change in Cash = +$710
Closing Cash Balance = $8,880

Holding 1 short contracts:
1 Dec at 86.81 @ 13:10 Friday, October 14
Closing Price = 87.71
Open Equity= -0.90 * 1,000 = -$900


Open Equity = -$900
Closing Cash Balance = $8,880
Net Equity= $7,980



---Weekly Summary---
Initial Balance $20,000
End of week:
1=$29,190 30 Sept
2=$20,880 07 Oct
3=$11,080 14 Oct
4=$7,980 21 Oct
 
Quote from johnnyqpublic:

I think NoDoji was kidding around with this one, but if you like "having profitale trades over 95% of the time" give it a shot.

Well i never interacted with her and do not know who she is except she used to be active in the forum etc.. so i missed the joke. I new 95% winning rate is for humor but the whole thing (lol).

Thanks for clarifying though.
 
Quote from clightmarathon:

C'mon , I know that. :D
I was referring to Mfbreakout, if he, I guess he, wants to test Spanish' only way of cl trading .

Anyway, mfb, to understand the context, read Spanish89 answer to me in my thread.

Now really have a great weekend.

:)

I got the joke (lol) do not want to spoil the joke by reading context of it.

Thx.
 
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