DRT's Currency Trades

Jerry,

I did not say this.

DRT

Quote from jerry11901:

What do you say-we are going @ 1.23? Hmmm, I thing wee need another opinion .What Mr. Ivanovich thinks about it? He has been quite lately.
 
Quote from downrivertrader:

Monday night update

Here's an update on my positions.

  • Long 50 EC from 2604. EC closed today at 2581. Down 23 ticks per contract or $14,375
  • Long 30 contracts of JY @ 8450. JY closed today at 8433. Down 17 ticks per contract or $6,375.

Total amount down is $ 20,750

This is absurd position sizing for a $150k account. Down 13% [from 160k] on 40 ticks?!
 
Look folks. Please take the time to read before making these comments. This does not reflect my $150 account but rather the total of all (3) accounts. I am long 30 EC contracts in the 150k account... I even posted the actual account screens.

I don't know why I ever decided to do this....Again, the account size is not important here. If everyone would rather, I will just stop posting the dang trades and we can keep discussing the currency pairs and futures contracts. That's all I ever wanted. Just to have some quality chit chat.

Otherwise, just stop worrying about the trade size. This is how I trade. These are my actual trades and sizes. Period.



Quote from riskarb:

This is absurd position sizing for a $150k account. Down 13% [from 160k] on 40 ticks?!
 
Quote from downrivertrader:

Look folks. Please take the time to read before making these comments. This does not reflect my $150 account but rather the total of all (3) accounts. I am long 30 EC contracts in the 150k account... I even posted the actual account screens.

I don't know why I ever decided to do this....Again, the account size is not important here. If everyone would rather, I will just stop posting the dang trades and we can keep discussing the currency pairs and futures contracts. That's all I ever wanted. Just to have some quality chit chat.

Otherwise, just stop worrying about the trade size. This is how I trade. These are my actual trades and sizes. Period.

Well, then stop posting. This is absurd sizing on $300k. If you point is "look at me, look at ME!", then there is no argument. People love to watch train wrecks. Thanks, I will stop worrying now.

Yes, yes, I've seen your account pics, and I am certain we're all impressed. I never questioned the legitimacy of your accounts, so relax.

Definitely continue if your goal is self-flagellation. Good luck with the current positions.
 
Enough, you guys win.

I'm done. This is my last post on ET. I won't be treated this way. All I ever wanted to do was help and open traders minds up. I feel sorry for people like you riskarb. You make comments that have no basis like you are some kind of authority. Keep on keeping on...for we all reap what we sow.

I left this place for 2 years. I don't know why I ever returned.

Take care all. I wish you the best and think of me when the EURUSD hits 130 the last week of the month.

DRT
VisionTrader
 
I am no authority, but I can spot a Keno player when I see one. Some words of advice; don't buy into that sanctimonious "reap what we sow" BS. I have no issue other than the position sizing. Dissonance is a bad trait coupled with leverage. Bye.
 
I feel so sad after following this excellent thread so far. Another good trader disappear from the online community because of the trolls on these forums. What is even sadder is that it is so predictable every time. Those losers just can't stand other people's success so they will make all sorts of attacks to make the legimate traders to stop posting. Long live the trolls!!! Good luck to the newbies in this online environment.
 
Quote from downrivertrader:

Once I grew my account to the levels I described above and was able to step up to larger sizes, I became a different trader....

Feel free to ask as many questions as you like.

DRT

wow, what a different 2 years made, I am sure you will meet your goal in no time, congrat :cool:
 
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