T-REX Journal

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Quote from macal425:

According to what I see there have been 3 trades.

Tues: -10.25pts
Wed: No Trade
Thur: -5pts
Fri: -2.50pts (still open)

There was an additional 'winning' trade on Tuesday for 7pts but that was called 'in retrospect', after the market had closed, so I don't count it. Difficult to see how this is going to translate into a 93% winning record but lets give it some time.
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Hey, would you like to volunteer to keep track and post a end of week tally like you did today. I think that would be helpful to have someone other than myself to say "Hey, look at this".
Sort of a "AUDITED" trade record?:) :)

What do you think?
:cool:
 
Quote from tanp21:

Did you know that 93% of all statistics are made up on the spot!:D

Regards,
Tanp21
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Question?

What if my short holds into next week and I hit my 30pt profit target?

I bet I wont get any congratulations or credit for being right!

Just kidding. Im picking on ya.

:D
 
If you have any questions or would like me to commit on todays activity NOW is the time. I will be leaving in 10 minutes.

THE CLOCK IS RUNNING!

ASK AWAY!!!!!
:D
 
I use only moving averages and average 25 points a week on one contract for last 9 months and should I say that I trade only 3 hours in the morning, by the way I made money last three day using "LOOSING SYSTEM".
Do you realize that you have to make about 40 winning trades to reach 93%.
 
Again...... he was referring to win rate. Now what are you referring too?


#winning trades/#of total trades.

Michael B.

P.S. The term win Rate is a comman term among traders. The trading gods are not authors of confusion....this is a widy used and defined term not open to interpretation.
 
Quote from T-REX:



Hey, would you like to volunteer to keep track and post a end of week tally like you did today. I think that would be helpful to have someone other than myself to say "Hey, look at this".
Sort of a "AUDITED" trade record?:) :)

What do you think?
:cool:
More...

No thanks. 4 day weeks are easy but if there's a 5th day then I have a big problem keeping track of things. :D
 
Quote from macal425:



No thanks. 4 day weeks are easy but if there's a 5th day then I have a big problem keeping track of things. :D
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Thank you for your honesty.
:)
 
Quote from balda:

I use only moving averages and average 25 points a week on one contract for last 9 months and should I say that I trade only 3 hours in the morning, by the way I made money last three day using "LOOSING SYSTEM".
Do you realize that you have to make about 40 winning trades to reach 93%.
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That would make you a GENIUS!
you should start a journal and post ALL of your trades in REALTIME like me so that the whole world can be the judge.
:D
 
Quote from ElectricSavant:

Again...... he was referring to win rate. Now what are you referring too?


#winning trades/#of total trades.

Michael B.

P.S. The term win Rate is a comman term among traders. The trading gods are not authors of confusion....this is a widy used and defined term not open to interpretation.
More...
I believe balda is referring to win rate. T-Rex has already made 3 trades (all loses), so he would need the next 40 trades to be winners to achieve the 93% win rate.

40/43 = 93% win rate

-FastTrader
 
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