Range Controlled Geometry

[Redneck]

OT

It’s about integrity… doubtful the P or L even really matters


There was a time not too long ago RG was dishin out the shit…, bragging.., and challenging Lucrum and some other folks to a trading contest – from which RG has apparently reneged

Consider this entire matter – his come up ins

And as one that’s been there done that – it’s very understandable

=========================================

You want to defend him – your decision – just realize what you’re defending



RN

 

[377OHMS]

Quote from Redneck:

OT

It’s about integrity… doubtful the P or L even really matters


There was a time not too long ago RG was dishin out the shit…, bragging.., and challenging Lucrum and some other folks to a trading contest – from which RG has apparently reneged

Consider this entire matter – his come up ins

And as one that’s been there done that – it’s very understandable

=========================================

You want to defend him – your decision – just realize what you’re defending



RN

Just to be fair, he did take RCG to task on some of the details.

 

[Redneck]

Quote from 377OHMS:

Just to be fair, he did take RCG to task on some of the details.

No argument, was just trying to capture the essence and summarize for OT

This matter is simply not about watching another trader fail... or even fail to make money

RN

 

[RCG Trader]

So far, so good.

 

[RCG Trader]

Quote from Redneck:

No argument, was just trying to capture the essence and summarize for OT

This matter is simply not about watching another trader fail... or even fail to make money

RN

Traders fail to make money because they lack money management, and tend to be hard headed.

 

[RCG Trader]

Quote from Maverick74:

In case anyone is wondering how well his algo predicted this first trade.

Traders do not predict anything. I could flip a coin and still do fine. Using TA is just another way of flipping a coin, except that it is a weighted one. The weighted coin tells me my unit size.

 

[Lucrum]

Quote from RCG Trader:

So far, so good.

How do you figure that?


Anyway, I thought you claimed you didn't average down. Now you're averaging down?

 

[RCG Trader]

Quote from Lucrum:

How do you figure that?

I figure that from knowing what I am doing.

Quote from Lucrum:Anyway, I thought you claimed you didn't average down. Now you're averaging down?

Go back and re-read the thread.

 

[Lucrum]

Quote from RCG Trader:

I figure that from knowing what I am doing.

Then why is your position so far under water?

 

[RCG Trader]

Quote from 377OHMS:

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.

You do not get to define what a journal is and is not. If you are still trying to learn how to trade after the amount of time you have spent on this site perhaps you should reconsider your endeavor. There are indeed many other journals to follow.

Good luck.