Taking 410K to 4million by Year End 2010

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Quote from cvds16:

if I came across as mean that was not my intention.

Livermore is hardly the example to follow as he blew his brains out in the end totally broke ...

You are not only mean, but also vicious.

You secretly enjoy others' misery, you secretly wish someone to blow his brains out in the end totally broke....

You are evil.
 
well some get the message after they violated stops one or two times, others do it over and over again and cant help it. The wisest thing then is to change the approach to trading and Neke announced he is doing just that right now. I applaud him for that.

peace


Quote from Pension_Admin:

Well, then let's talk nicely to one another then. :)
 
this is no small draw down buddy, he is down percentage wise more than any trend following fund. Every prop trader in an ibank will be fired right away for that. Simple but true!!!

lol, i never used any other alias nor other id. Just because someone disagreed with me and made up a story this has to be true? Maybe my way of communication is direct and sometimes hurts but at least its honest. You spread lies. Whats better...you chose for yourself I chose my approach. Peace.

Neke can take the advice or leave it, you dont need to defend him or anyone else.

Quote from timmyz:

hahahha here comes asiaprop and his "wisdom" now that neke has a temporary drawdown. notice how he was missing in action when neke was doing well.

asiaprop is just a faker and a failed trader. in another thread, he was caught using another alias to reply to his own posts. pretending to be a guru with supporters lol.

asiaprop cannot accept to himself that he has no trading success after 10 years of trying, while a retail guy like neke kicks his ass. neke has it. asiaprop doesn't. end of story. bye.
 
Good thread, look at NEKE go!! Neke you can turn this thing around, remember what Miyagi alway teach you..

Man who catch fly with chopstick.... , .....can accomplish anything... :D :confused:


mr-miyagi-with-chopsticks.jpg
 
* A talent made by heaven, definitely has its use......
Spread your wings and fly, not limiting that only to your dream.. *

Neke is talented! However... like an architect building a tall building ... The Fundation Must be SOLID!!!! Neke is talented but his fundation is not Solid yet ... he must Improve on his money management. Must calculate Risks/Rewards.. the Rewards must be much bigger than the Risks!

The market is full of millionaires and billionaires ... if one is not careful ...even with a capital of one million or 5 million... it can easily burnt into smoke..

i think Neke is a talented young man and i would like to see/wish him SUCCESS in trading and life.:D
 
Livermore didn't blow his brain because of trade but a woman.

Quote from cvds16:

if I came across as mean that was not my intention. I would very much for Neke to survive as he has indeed shown courage to report his results for all to see ... I am wishing him all the best ... but in that spirit I also want him to take care ...
EDIT: Livermore is hardly the example to follow as he blew his brains out in the end totally broke ...
 
Instead of closing it out, decided to double down with 100 X FEB 55 PUT (worth 98K) in a bid to break-even. That was not to be. Instead the stock kept moving against me, I exceeded the max loss, and nothing fired (realised that my program was unable to process the new option symbology format), and I lacked the will to close the losses. Finally closed it when it was unbearable, losing 17K in one, 18K in the other, and the stock position was closed out at the max loss of 6K.

When are you going to stop this doubling down habit?

I also get the impression that you probably double down more often than you mention here, the double down trades that work out well only re enforce your bad habit.

Anyway, good luck neke, i hope you get good markets that match your style of trading.
 
I would like to ask neke:

1. Do you feel you are losing money because of emotional flaws (double down, and not cutting losers).

2. Or because your trading method is flawed.

- kon
 
Neke,pay no mind to these nannnering neighbobs of negativity..If anyone has traded for more than 30 seconds,they would understand that a 40% drawdown is to be expected when attempting to take 410k to 4 mil by year end...
 
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