T-REX Journal
- Thread starter T-REX
- Start date
- Status
LOL!
THAT IS SUCH A GREAT POINT!IF HE HAS A 93% WIN RATE, THE CHANCE OF HIM GETTING 3 LOSSES IN A ROW IS ~0.03%!! YET THAT IS HOW HIS JOURNAL HAS STARTED OFF!!
HAHAHA
p. s. i chose red to indicate, "WARNING!!"
I'LL ADMIT!
I blew it! I started this journal off on the wrong foot.
Don't get me wrong. I don't feel sorry about the losses at ALL.
I do however regret not explaining myself fully and disclosing ALL of my system rules. I have managed to totally confuse everybody and that was not my intention. Instead I came off totally wrong and very arogant!!!
I am sorry.
I do stand behind my system though and the success that I have had with it. But one thing to note. When you get a big head the market will correct it for you.
What I should have explained earlier on was that the 93% win rate is also coupled with the 187% return on initial investment.
I will from this point on use the format that I used this morning when I post that way you can get a feel for my analysis and my thoughts on the result of that analysis.
My goal is not only to make this journal the best ET has ever had but to also have great dialogue and HUGE consistant returns over next 90 days!!!
You have to start somewhere and Im glad that I blew it on the 1st go round now I can incorporate what Iv'e learned and what you all have so gracefully shared with me. I appreciate all of your feed back and take to heart your constructive critism.
I welcome your input. We will make up for our losses on the next trade!!!
As for my thoughts on the markets current volatility.
I still show tha volatility is nothing to write home about.
Over the last several trading session overall volatilty as measured by 14 day ATR has leveled off. However, even without the presence of volatility we can still gain good intra-day and weekly profits. The key is to be long when the market is bullish and to be short when the market is bearish. I didnt follow that these last couple of days and so the market punished me for it.
I will correct that on the next go round. Todays range is finished. the Highs and Lows for the day should remain intact.
I blew it! I started this journal off on the wrong foot.
Don't get me wrong. I don't feel sorry about the losses at ALL.
I do however regret not explaining myself fully and disclosing ALL of my system rules. I have managed to totally confuse everybody and that was not my intention. Instead I came off totally wrong and very arogant!!!
I am sorry.
I do stand behind my system though and the success that I have had with it. But one thing to note. When you get a big head the market will correct it for you.
What I should have explained earlier on was that the 93% win rate is also coupled with the 187% return on initial investment.
I will from this point on use the format that I used this morning when I post that way you can get a feel for my analysis and my thoughts on the result of that analysis.
My goal is not only to make this journal the best ET has ever had but to also have great dialogue and HUGE consistant returns over next 90 days!!!
You have to start somewhere and Im glad that I blew it on the 1st go round now I can incorporate what Iv'e learned and what you all have so gracefully shared with me. I appreciate all of your feed back and take to heart your constructive critism.
I welcome your input. We will make up for our losses on the next trade!!!
As for my thoughts on the markets current volatility.
I still show tha volatility is nothing to write home about.
Over the last several trading session overall volatilty as measured by 14 day ATR has leveled off. However, even without the presence of volatility we can still gain good intra-day and weekly profits. The key is to be long when the market is bullish and to be short when the market is bearish. I didnt follow that these last couple of days and so the market punished me for it.
I will correct that on the next go round. Todays range is finished. the Highs and Lows for the day should remain intact.
Quote from T-REX:
That's a great question. If you would like to see some of the backtested results feel free to download the results @ http://xxxxxx.xxx.com/
Disclaimer: Im not trying to sell anything so disregard the advertisement.
Was waiting for the sales pitch to start, irrespective of the disclaimer. Fortunately we got a taste of the real time results beforehand.
WOWOWOWOW!!! :eek: how DO i order?!Quote from T-REX:
That's a great question. If you would like to see some of the backtested results feel free to download the results @ http://xxxxxx.xxx.com/
Disclaimer: Im not trying to sell anything so disregard the advertisement.
hahaha2 shay!!!
When I get the chance I will update the site "WITHOUT"!!! advertisement. You guys are great. But you will see I will prove it. What I should have done in the begining was to just start posting my trades and kept my mouth shut then once you saw the results they would speak for themselves.
I do not know how this system work but based on the statistics and on your actions something is off.
system made 27 trades in two years (less than one trade a month) and you are making one trade a day.
based on your explanation of the system sounds like it is very simple break out method good in a strong trending market.
system made 27 trades in two years (less than one trade a month) and you are making one trade a day.
based on your explanation of the system sounds like it is very simple break out method good in a strong trending market.
Quote from T-REX:
2 shay!!!
When I get the chance I will update the site "WITHOUT"!!! advertisement. You guys are great. But you will see I will prove it. What I should have done in the begining was to just start posting my trades and kept my mouth shut then once you saw the results they would speak for themselves.
The results HAVE spoken for themselves!!
What is your answer to my question?
Your returns are not relevent to a 93% hit rate.
- Status