What is of concern is that you say "It still is by far no easy feat to accomplish" If you've already done 200-300 trades, you should be going about your business like a production operator with little or no emotion. The only people i know who use the word "hard" to describe trading are usually the "traders"/gamblers. Anyway, good luck to you and you may you hit your 120% target and more!
Road to 120% - 2019....if anyone even cares
- Thread starter Palindrome
- Start date
January is long gone, I'm ok... very very ready for February
Sweet Bobby?
Overnight?
Fan27?
It's not a pissing match, but lets have it like men
We will celebrate with a modest Glenlivet 18 at the end of the year
:
Sweet Bobby?
Overnight?
Fan27?
It's not a pissing match, but lets have it like men
We will celebrate with a modest Glenlivet 18 at the end of the year:
In theory yes, but it is still hard work and not easy to play the game as perfectly as you want to. We as humans are not perfect.
Return wise, my goal is to exceed 70% for the year. I am tracking that among other things here.
https://www.elitetrader.com/et/threads/adventures-in-automation.329052/
You didn't answer the fucking question!
https://www.elitetrader.com/et/thre...-anyone-even-cares.329416/page-2#post-4800126
Of course you can buddy! Post whatever you want as far as engines and planes and what not.
Palindrome:
Best wishes for you this year. What needs to happen for you to achieve your goal? Do you break the annual goal down into quarterly or monthly goals? What improvements do you need to make as a trader? What has prevented you from reaching this goal in the past? What can we do as a trading community to support you in this goal?
Best wishes for you this year. What needs to happen for you to achieve your goal? Do you break the annual goal down into quarterly or monthly goals? What improvements do you need to make as a trader? What has prevented you from reaching this goal in the past? What can we do as a trading community to support you in this goal?
Thanks for the wishes, I appreciate it.
Well, what needs to happen is that I trade my systematic rules absolutely perfectly.
Even though January was a Red month, I traded my system perfectly...zero mistakes. Last year I made about 1 to 5 mistakes per month. If my focus is crisp, I should exceed my returns last year and breach 100% and perhaps much more.
I guess Monthly goals of 10% are about right. With up to 3 losing months which should all be far less then 10% in the red. I should have about 2 to 4 +15% months and 1 month of about 30%. Potentially having 1 flat quarter with little to no returns.
My monthly goal is to simply execute with zero mistakes, mistakes being failure to focus on the rules of my system. This is my only obstacle in achieving 120%.
Great Questions, thank you.
How would you describe your strategy without giving us your secret sauce? Holding period? Instruments traded? How do you define your edge?
Of course you can buddy! Post whatever you want as far as engines and planes and what not.
That's my live log for the week. If you want statements, I'll have to dig into the e-mails and redact.
Ball is in Bobby's court?
(And P.S. I was told that sim is pussy, so I am posting here my non-pussy. As I mentioned to that person, I wish my live was more wimpy pussy than the sim. Because damn, my pussy sim was nice! So don't call me a pussy in your thread.
)I know pain, but am not a wimp. I've been to hell and back. Still working on it!