Taking 410K to 4million by Year End 2010
- Thread starter neke
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Btw: I am asking because I am just trying to learn more about trading. I think you are a great trader and I hope to learn from your journal.
PA
are you stalking me? You seem to comment on each and every post I make, no matter where. While I am flattered I dont know how much value it adds...;-)
peace
peace
Quote from ~~~:
He's not going to listen to anyone of us.
Why shld he? we're not his boss
just like asking teenagers don't spend too much time on their iphones/ipads..hmmm ... they can't help it cos they love their iphones/ipads more than their parents (just joking!)
0 value but it's fun ... life shld be fun and not serious all the time.
i enjoy reading postings/comments of "SMART & WISE" people lol
eg: you ,big hog, ammo, lescor, Bolimomo.i am following/stalking you cos your nickname is asiaprop (i know you are not asian)
i love peace and i am leaving for beautiful kyoto for" Retreat."(yes, i will off my ipone/ipad)
Hope you have a good and peaceful week.
although that's the right decision, he's not going to meet his goal of 4mil by year end running only the blackbox. Personally i think trying to set any kind of artificial target is pointless.
I would just revise the subject and delete the 4million target, then leave the box running and be happy with a 30-50% gain....
We should only consider the stuff in the account as #s while trading, but sometime you gotta step back and realize they are real money and after repeated attempt at trying to throw it away, it's time to stick with the winning formula.
Weekly Update for week 23/50 ended 06/19/2010
Better week, up 26K (10.8%). Delighted to have made some headway into last week's loss recovery.
The better trades have been buying SPY call options on pull-backs. No big loss on my completely discretionary trades. Interestingly my automated trades delivered a very poor result of 11K loss. Break-down of trades into auto and discretionary is given below. Trades are classified as automated if the original discovery and entry of the trade was by the system. Sometimes I do interfere with the system by closing the trades discretionarily (not waiting for the system to close it) or adding to existing position. That happened to one of the trades this week, where I added to a losing auto trade, and had a net loss of 9.4K; that made the loss from automated trades (would still have been a loss anyway) much worse.
Better week, up 26K (10.8%). Delighted to have made some headway into last week's loss recovery.
The better trades have been buying SPY call options on pull-backs. No big loss on my completely discretionary trades. Interestingly my automated trades delivered a very poor result of 11K loss. Break-down of trades into auto and discretionary is given below. Trades are classified as automated if the original discovery and entry of the trade was by the system. Sometimes I do interfere with the system by closing the trades discretionarily (not waiting for the system to close it) or adding to existing position. That happened to one of the trades this week, where I added to a losing auto trade, and had a net loss of 9.4K; that made the loss from automated trades (would still have been a loss anyway) much worse.
Code:
Opening Balance: 242,879
Net gain for the week 26,257
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Net Balance: 269,136
Number of Trades 28
Number of Profitable Trades 14
Since Inception of Thread 01/10/2010 - 06/19/2010
Opening Balance: 410,000
Net loss(Less Margin Interest) 140,864(Down 34%)
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Net Balance 269,136
Number of Trades 767
Number of Profitable Trades 402
BREAK-DOWN BY AUTOMATED/DISCRETIONARY
Number P/L Best Gainer Worst Loser
AUTO 16 -11,228.10 2,317.10 -9,401.50
DISCR 12 37,212.10 9,725.30 -1,297.60
TOP/BOTTOM DISCRETAIONARY TRADES
SPYJUN192010110.0CALL 2010-06-18-09-59-28 2010-06-18-10-31-25 20000 30000 40000 9725 SPY CALL
SPYJUN192010109.0CALL 2010-06-16-09-33-54 2010-06-16-11-26-10 20000 52295 61000 8416 SPY CALLnice!
Must be a weird feeling sitting in a meeting at the office and just having won or lost a months pay in the last 15minutes.
Must be a weird feeling sitting in a meeting at the office and just having won or lost a months pay in the last 15minutes.
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