How to never get an account wiped out?

ssss

Agree with the mindset to try over and over (stand up if you fall down, etc). That's persistance. And it's also acting on passion to learn from failures and always aim to look forward and grow.

On the other hand, I don't want to have the next attempt in mind when performing on this account. I am in full focus on my current account. Please look at the title of this thread. If I can't wipe out an account, then it's not necessary to open a new one.

I have written off my inital payment already. That was my financial commitment.

DONE!

Of far more weight is my commitment in terms of allocating time to trading here and now.

ONGOING INVESTMENT!
 
Please find below the trading overview for the first quarter.

----------------------------------------------------------------------------------
Target is to achieve 2.0% per day (Input for daily trading tactics).
Minimizing Risk/Reward ratio on any single trade.
Continue developing an edge allowing long term growth.
Applying the Kelly criteria to protect the account.
Be open and communicative to be aware and learn - and to be inspiring.
----------------------------------------------------------------------------------

Summary Q1, 2007
=============

No Date Results
--------------------
1 01/04/07 +13.0%,
2 01/05/07 +5.7%,

3 01/08/07 +11.2%,
4 01/09/07 +11.4%
5 01/10/07 +16.2%
6 01/11/07 +6.3%
7 01/12/07 +3.6%

8 01/15/07 +3.6%
9 01/16/07 -8.9%
10 01/17/07 -22.1%
11 01/18/07 -5.5%
12 01/19/07 +44.2%

13 01/22/07 +12.5%
14 01/23/07 +32.3%
15 01/24/07 -11.8%
16 01/25/07 +8.9%
17 01/26/07 -31.9%

18 01/29/07 -4.8%
19 01/30/07 -24.4%
20 01/31/07 -35.2%
21 02/01/07 +79.9%
22 02/02/07 +9.7%

23 02/05/07 +9.3%
24 02/06/07 -14.7%
25 02/07/07 +5.1%
26 02/08/07 +3.4%
27 02/09/07 +13.7%

28 02/12/07 +20.6%
29 02/13/07 -42.8%
30 02/14/07 +14.5%
31 02/15/07 +21.4%
32 02/16/07 +6.0%

33 02/19/07 +54.4%
34 02/20/07 +14.7%
35 02/21/07 +14.3%
36 02/22/07 +10.9%
37 02/23/07 +13.8%

38 02/26/07 +16.2%
39 02/27/07 +5.9%
40 02/28/07 +5.8%
41 03/01/07 +7.3%
42 03/02/07 +7.8%

43 03/05/07 +5.7%
44 03/06/07 -5.3%
45 03/07/07 +4.6%
46 03/08/07 0% (no trade)
47 03/09/07 -1.5%

48 03/12/07 -1.4%
49 03/13/07 +9.2%
50 03/14/07 -6.6%
51 03/15/07 -15.5%
52 03/16/07 +7.2%

53 03/19/07 +20.5%
54 03/20/07 +2.0%
55 03/21/07 -17.7%
56 03/22/07 +16.0%
57 03/23/07 +10.7%

58 03/26/07 +18.2%
59 03/27/07 -2.6%
60 03/28/07 +9.2%
61 03/29/07 +2.9%
62 03/30/07 +9.9%

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Start capital:

01/03/07 21.76% of initial payment (100%)
03/30/07 291.47% of inital payment

Profit +1239.47% vs. low on 01/03/07
Profit +191.47% vs. inital bankroll

Min 18.78% on 01/31/07 (-13.69% vs. 01/03/07; -81.22% on my inital bankroll)
Max 291.74% on 03/30/07 (+1239.47%)

Total trading days: 62
Average daily win: +4.3% over 62 days

Target of 2% per day reached!
 
Dear Sir

1.For februar you performed 20 trades with 668% ?

2.Which was capital to start of februar ?

3.If you can secure your result by SEC office,you would accepted as very good one ...

One of possible SEC office adress

sanfrancisco@sec.gov


Your respectfully
 
1.For februar you performed 20 trades with 668% ?

Calculated on basys 1 Feb = 1 = 100% .

Example 1*1.799(1feb trade21)*1.097(2féb -trade22)* ...
...*1.058(28feb - trade40 )= aprrox 7.68 time for 20 trades
or 668% per month
 
ssss

please take the worst trading period of minimum 30 days.

I will continue trading and posting results.
##############################

If you secure best month profitability as 600 %
by SEC ,it would be enough .

Independent ,how many 100 % loss you have before and
after .

SEC secured result 500% for any calendar 31 days.
Suspect ,that operators ratio which have that
is lower as 1 from 1000 ...

Without SEC it is not matter .

your respectfully
 
Summary Q1, 2007
=============

Trading days with resulting losses

No Date Results
--------------------


9 01/16/07 -8.9%
10 01/17/07 -22.1%
11 01/18/07 -5.5%
15 01/24/07 -11.8%
17 01/26/07 -31.9%
18 01/29/07 -4.8%
19 01/30/07 -24.4%
20 01/31/07 -35.2%
24 02/06/07 -14.7%
29 02/13/07 -42.8%
44 03/06/07 -5.3%
47 03/09/07 -1.5%
48 03/12/07 -1.4%
50 03/14/07 -6.6%
51 03/15/07 -15.5%
55 03/21/07 -17.7%
59 03/27/07 -2.6%

17 days with up to 42.8% loss. Worst case that could have happened all in a sequence. Nobody would trade that. Even with an audit, no one would trade that.

If I would find a system on the web, I possibly woudn't trust it and trade, because it's not my system - the originator should trade it himself.

But I would try to learn. I am writing this thread to learn and share my experience.
 
seeing that your making a very honest effort at trying to be successful, I will give you a system, no strings attached. Just donate some money to a charity when you think you have made enough.
 
Spectre2007

thank you for trying to help me with a proven & ready to go system. Please continue trading your system. I am happy that you donate.

Critical path for me is not a system but funds and time.
I have now time which I am commited to invest in both trading and learning. Money will come from my activities.

My task is to grow. A finished thing is at the end. I am aware that I am just at the beginning of my project.

Thanks again!
 
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