Range Controlled Geometry

Quote from Lucrum:

Apparently he considers it a worthy excuse not do anything he said he'd do.
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Ok, I think I get it. Its not a regular journal but more of a "scorecard" thing. I'm still left with the question "what is the point?" but I suppose that a journal can be different things to different people.

Clearly it isn't going to be a thread that imparts information or attempts to be reflective in order to improve performance. I'll go back to some of the other journals that I follow and let the OP carry on with keeping score. It might make sense to change the thread title to something a bit more representative of the content like "Monthly Loss Statement" or something similar.
 
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Late Friday 95.33

or - 120 pips.
 
Quote from RCG Trader:

Stops are determined by price action. Since we do not know what that is in the future, I cannot say where my stop is. Price action is only good for the past.
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I think I just figured out why RCG is only posting losing trades. With comments like this there must be some crossed wires in his head giving him conflicting views of the market and his trades.
 
sounds like the emg fan club

they don't know how to make money

they just want to make sure you know most small traders lose
 
Quote from oldtime:

sounds like the emg fan club

they don't know how to make money

they just want to make sure you know most small traders lose
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Oldtime, these guys have been giving each other shit down in P&R for a long time. It goes back years. I'm trying to keep this trading related. The breakdown in the Yen this year is going to be monumental. Probably a generational move. Ron is long. It's not a criticism, it's a fact.
 
like the man said

one time my paper account got way ahead of my real account

ib offers you an option to reset

but it takes a day or so

so I just thought i would trade it down

should be pretty simple, right?

just cut profits short

and add to losers

After about three hours I was totally exhausted

no matter what I did, no matter how stupid, I couldn't lose money to save my soul.
 
that's why I say, there's a big deal between quitting, and qutitting while you are ahead

almost everyone of these trades will get you back close to even

some start off really bad

some start off really good, and if you take that quick profit, it will get you in the end

good advice I suppose

but when I get that quick unexpected profit I take it

I can read all about it later
 
Quote from RCG Trader:

My starting account is one dollar, for those of you who are obsessed with account sizes instead of making money.

Finally price has broken thru and stayed below the levels I have set as consolidation.

I am short chfjpy at half my max position size at 88.321. Stop loss will be determined on a day by day basis based on asset allocation algorithms.

I will keep appraised daily.
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In case anyone is wondering how well his algo predicted this first trade.
 

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