Cornix's TA Performance

Quote from wrbtrader:

I know many traders that can only trade on their lunch break at their jobs, only trade at night after putting the kids to bed or trade only within a specific time window because its the only time of the day they are able to trade.

Thus, his consistency in posting broker statements with the typical 22hr time zone and only a few times per week implies he's not a full-time trader, trading not his primary source of income and that he has a set schedule involving his job and personal life.

Nothing unusual about that considering most traders are part-timers, hobbyist or academia. Very few traders trade for a living and full-time.

I'm just curious about what his trading results would be while using technical analysis if he was "able" to trade a complete Emini NQ futures trading session in comparison to his typical 2 hour trading window after a long day of work as a psychologist. For example, is he tired (mentally and/or physically) prior to trading after a long day at work as a psychologist ?

I have a trading pal that works as a grocery store manager. He gets home about 7pm est and then helps the spouse with the kids. He takes a 30 minute rest period and boots up the computer to trade a few hours in the Hang Seng HSI futures...typically only 2 hours before going to bed himself. He's only able to do such a few times per week to prevent the spouse from telling him to sleep outside with the dog. :D

You have a point here. I certainly would love to trade in the morning, but... see no Asian market which would suit my needs. Facts are facts: US markets are still the "it" of the financial world, the rest being secondary stuff. So while I probably would feel much better had I woke up, drank some coffee and traded in the morning, there's not much of a choice really if you want something scalable and moving.

But having said it, trading income is still my main source of income. Simply it's enough to trade a couple hours usually... when the market is liquid. :p
 
Quote from RedTankEra:

Listen to yourself you parasites from the cesspool.

Is your life really and/or trading really this miserable that you must vent your frustrations on trading journals from strangers?

He stated he only trades the morning because that is when we get the highest quality of price action, I don't agree with just doing the morning, but I can't disagree with it being typically higher quality than the afternoon.

As far as days not trading, he is trading size due to OPM, and not 1 car or 100 shares like some of you pikers, so he chooses quality over quantity, therefore, he is picky about his trades and being overly responsible due to having people to answer to.

On top of that if you question him about posting "did not trade", he has posted continuous trade blotter to back up the no trading statements of the past.

Some of you people really have balls, a person takes the time to open up his trading results and share it with the world and its like if it was a green light to throw tomatoes at the journal.

People are questioning for the sake of questioning, it's not like he is claiming and posting 10% returns on a daily basis, or something overly ridiculous and absurd like the Surf Journal, it's a typical journal with ups and downs and quite transparent too.

Life is short, so don't be so mofing miserable, because this is how you will be remembered.

Hahaha.... no worries R. If anyone doubts what I do is real my wager offer is always here. But so far nobody has the courage to back his words with the deeds, I wonder why... :p

P. S. Three reasons for trading just 1st hours really:

1) The best action is opening and close, but close is around 3AM my time and I value my normal biological rhythm high.

2) Comes from the 1st... Too late for me to trade the rest of US RTH. When I move somewhere closer to the West things well may change.

3) I am often busy during the day time lately for family reasons, which are none of anybody's business except my friends who like you know those issues.
 
Quote from tango29:

Seriously? Do you really believe that? Good for you. I can demonstrate, oh yea demonstrate and prove 15% a year. And I can show it going back now 15 years. I would be happy to take your money, but I would also spend time looking into legal obligations. On the other hand m 15% is a portion of my portfolio. If I manage OTM, I will charge for it. I think this guy is a fake.

Do you say YOU make 15% annually or that's somehow related to my own performance?
 
Quote from cornix:

...As far as I see from your performance, you also take some days off et cetera whenever there's such a need for personal or other reasons. Doesn't mean your TA doesn't work if you don't trade every single occurrence of your signal in every market happening within 24/5, right? :)

Yeah, I try to get in a few none trading days per month (not counting holidays or vacations) to re-energize. I'm just not young and single anymore with endless energy like I was early in my trading.

In addition, I make it mandatory to take several time-outs from trading each trading day but not on a schedule. Simply, if I feel like taking a hour break beginning at 10am est...I do it. The next day if I feel like taking a 2 hours break beginning at 12pm est...I do it. This fits very well with my family's schedule and my own personal activities.

Yet, I had notice your statements were consistently within a 2 hour duration around the same time period. I was curious about the reason for such and if it was due to family reasons, job or something else. Also, I was curious to your trading results of those 2 hours versus your trading results when you traded the entire regular trading session of Emini NQ in the past ???
 
Quote from wrbtrader:

Yeah, I try to get in a few none trading days per month (not counting holidays or vacations) to re-energize. I'm just not young and single anymore with endless energy like I was early in my trading.

In addition, I make it mandatory to take several time-outs from trading each trading day but not on a schedule. Simply, if I feel like taking a hour break beginning at 10am est...I do it. The next day if I feel like taking a 2 hours break beginning at 12pm est...I do it. This fits very well with my family's schedule and my own personal activities.

Yet, I had notice your statements were consistently within a 2 hour duration around the same time period. I was curious about the reason for such and if it was due to family reasons, job or something else. Also, I was curious to your trading results of those 2 hours versus your trading results when you traded the entire regular trading session of Emini NQ in the past ???

I see. All that makes perfect sense to me. Unfortunately in it's current shape this strategy doesn't have many trades and a missed day can happen to be a missed month. If/when I have more trades in NQ will certainly treat it easier too.

I didn't trade NQ full time in the past, for a few years I traded Euro for 9-10 hours a day, those years coincided with great volatility so it's hard to compare those results to now.

As for NQ I always traded it within that 2-3 hours window and results were pretty satisfying. Trades posted in this thread are those I only take since going public (public calls since February and OPM since April), accordingly strategy was tightened up quite seriously. Probably playing too tight, but the point was to keep just almost ideally objective setups to minimize emotional factor as much as possible.

I believe you also experienced emotional issues when just started your public trading. Must be a common pattern.

It's an interesting challenge actually, I've never traded that objectively before and now looking for an optimal balance of not too loose and not too tight to have more trades, but remain within reliable and comfortable trading zone as well.
 
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