polpolik
I want you to trade just like neke does.
See ya.
Taking 76K to 500K by Year End
- Thread starter neke
- Start date
- Status
polpolik
I want you to trade just like neke does.
See ya.
polpolick
You are jealous of neke
Why do you want neke to fail?
Why do you want neke to lose all his money?
You are jealous of neke
Why do you want neke to fail?
Why do you want neke to lose all his money?
Weekly Update for week 27 ended 08/31/2007
Another awful week to see the end, and to look beyond - though the pain will linger for a while. As in the previous week, the tone for the week was set on Monday when I lost nearly 20K shorting/putting ONXX. Bad call, and bad decision to add to the leverage with puts. Would have probably ended the week with a loss of 15K, but then came the terrible Thursday, and I just went insane: Got whipsawed all day long on SIGM (long/short/options all ending terribly). At the end of the day, the tally from SIGM was a loss of 50K. Weekly total was a loss of 65K! Really in the house of pain. First back-to-back losing week since the thread started. Now once more below the target trend-line: the jinx is determined to last.
I shall accelerate my intention to leave off order entry to the computer. I would be involved only in sending commands remotely to my system, and leave my software to do the trading. The market lately has been having a run on my emotions. I hope to spare enough time in September to automate this order-entry: the computer will be responsible for order-sizing, doing preliminary checks to make sure the instructions are proper, and then place the trades. Reducing my maximum exposure by half until this system comes in place.
What a bad time to open up another train of salvos against my trading. It is my fault, and I accept the blame. Now let the salvos begin: my skin is thick enough (albeit I am already sore!). Just keep it within topic, and avoid obscenities.
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Another awful week to see the end, and to look beyond - though the pain will linger for a while. As in the previous week, the tone for the week was set on Monday when I lost nearly 20K shorting/putting ONXX. Bad call, and bad decision to add to the leverage with puts. Would have probably ended the week with a loss of 15K, but then came the terrible Thursday, and I just went insane: Got whipsawed all day long on SIGM (long/short/options all ending terribly). At the end of the day, the tally from SIGM was a loss of 50K. Weekly total was a loss of 65K! Really in the house of pain. First back-to-back losing week since the thread started. Now once more below the target trend-line: the jinx is determined to last.
I shall accelerate my intention to leave off order entry to the computer. I would be involved only in sending commands remotely to my system, and leave my software to do the trading. The market lately has been having a run on my emotions. I hope to spare enough time in September to automate this order-entry: the computer will be responsible for order-sizing, doing preliminary checks to make sure the instructions are proper, and then place the trades. Reducing my maximum exposure by half until this system comes in place.
What a bad time to open up another train of salvos against my trading. It is my fault, and I accept the blame. Now let the salvos begin: my skin is thick enough (albeit I am already sore!). Just keep it within topic, and avoid obscenities.
Code:
Balance B/F: 216,372
Loss for the week -65,006
------------------------------------------------
Balance C/F: 151,366
Number of Trades 40
Number of Profitable Trades 21
Since Inception of Thread 2/25/2007 - 08/31/2007
Balance B/F: 76,636
Net Gain (Less Margin Interest) 115,730
Cash Withdrawal -41,000
------------------------------------------------
Balance C/F: 151,366 (Adjusted balance before withdrawals is 192366, up 151% )
Number of Trades 719
Number of Profitable Trades 414
Expected Balance at this time to be on track for Year-End Target :
242,253
Status: Behind Target (Based on adjusted balance before withdrawals)
Top/Bottom Discretionary Trades for the week
TICKER ENTRY DATE/TIME EXIT DATE/TIME QTY PURCHASE AMT SOLD AMT GAINS/LOSS TYPE
APVIF 2007-08-29-10-31-46 2007-08-29-15-06-17 10000 65000 72700 7519 AAPL SEP 125 CALL
BSC 2007-08-28-12-36-41 2007-08-28-15-42-04 2000 216759 221096 4313 SHORT
----------------------------------
ONXX 2007-08-27-09-28-26 2007-08-27-09-39-50 10000 360999 354250 -6784 SHORT
ONXX 2007-08-27-09-46-13 2007-08-27-11-59-43 10000 370813 359000 -11848 SHORT
SIGM 2007-08-30-10-55-26 2007-08-30-14-48-09 6000 268750 255600 -13194 LONG
SIGM 2007-08-29-19-46-59 2007-08-30-10-09-14 16000 714848 701371 -13578 LONG
MQNII 2007-08-30-10-09-55 2007-08-30-14-50-28 25000 62700 39000 -24145 SIGM SEP 45 CALL
(Before Interest and Other charges)
TRANSACTIONS ANALYSIS FROM 2007-02-25 TO 2007-09-01
Current Week | Since Inception of Thread
|
Method Gains/Loss No Of Profitable | Gains/Loss No Of Profitable
Trades Trades | Trades Trades
Automated AutoTrade1 -885 10 4 | 6650 179 99
AutoTrade2 1252 2 1 | 3372 12 8
AutoTrade3 0 0 0 | -4523 3 0
----------- -------- ------------ | ----------- ------ ------------
Total Automated 368 12 5 | 5499 194 107
----------- -------- ------------ | ----------- ------ ------------
Discretionary Long -23830 12 8 | -45261 189 113
Short -20415 12 6 | -24769 183 107
Options(long) -21130 4 2 | 181333 153 87
----------- -------- ------------ | ----------- ------ ------------
Total Discretionary -65375 28 16 | 111303 525 307
=========== ======== ============ | =========== ====== ============
Net Totals -65007 40 21 | 116802 719 414
=========== ======== ============ | =========== ====== ============Neke,
I've got nothing but praise for you. The reason being you post no matter what and explain the mistakes even though they are painful.
To tell you the truth I would probably be punching holes through my walls and throwing my flat screen out the window but you have posted every Friday good or bad. Simply amazing if you ask me.
Do not let the a-holes get to you.
I've got nothing but praise for you. The reason being you post no matter what and explain the mistakes even though they are painful.
To tell you the truth I would probably be punching holes through my walls and throwing my flat screen out the window but you have posted every Friday good or bad. Simply amazing if you ask me.
Do not let the a-holes get to you.
Nobody, and I mean nobody wishes Neke anything but the best in his trading, especially his most voracious critics. If he took what was being said to him to heart and changed his style, failiure, while not impossible, would be infinitesimally improbable.
It is the erroneous lack of knowledge (and experience) of the cheerleaders who think there is one shred of personal ill-will in our recommendations to manage risk more carefully.
I can assure you, there is not ... the fruits of my recommendations are making themselves manifestly clear in Neke's, results, even if they are to the negative ... it obviously was not by my choice that they should be.
Good trading,
Jimmy Jam
hi neke ... remember this ...
you are up GOOD money even after all this ,,,
-Adjusted balance before withdrawals is 192366, up 151%-
if it were my acct though I would consider slowing down or
-protecting profits- as opposed to -making the stated goal-
esp if you were to have another bad week
enjoy the holiday weekend
you are up GOOD money even after all this ,,,
-Adjusted balance before withdrawals is 192366, up 151%-
if it were my acct though I would consider slowing down or
-protecting profits- as opposed to -making the stated goal-
esp if you were to have another bad week
enjoy the holiday weekend
OUCH! This was such a good week for me that I thought for sure you would be up. Sorry. Maybe bank
some of your cash and play with the rest. Worst thing would be to lose it all.
some of your cash and play with the rest. Worst thing would be to lose it all.
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