FORUMS BROKERS SOFTWARE
Home
 
    Forums > Trading for a Living > Journals > 50k to 500K in 10 (ten) trades

Old Aug 16th, 2011, 07:39 PM   #37
macroman
 
 
Join Date: Sep 2010
Posts: 588
expectation for the short target in indexes which is drop around 20 pc from current levels is a bit too optimistic for timeframe I am looking for.

Yesterday quick 100 pts drop in SPI took profits and credited them to risk capital for next short entry.

market is weak because let me made some quick and easy profits.

Will reenter but with more modest distances.
    Quote
Old Aug 16th, 2011, 08:43 PM   #38
Chausey
 
 
Join Date: Oct 2007
Posts: 116
What number of trade are you on? What is the bottom line at this point?
    Quote
Old Aug 17th, 2011, 04:11 AM   #39
macroman
 
 
Join Date: Sep 2010
Posts: 588
Quote:
Quote from Chausey:

What number of trade are you on? What is the bottom line at this point?
in cash terms i am up around 50%. Total 5 trades. This count is a bit subjective as have 2 other systems using different timeframe. So, behind the schedule :-(

My hit rate remains pretty good as in initial tests but have several trades where miss the entry as orders too far. In preparation to this system did not get misses or trades with +1 risk etc. Had 1 full loss so far and another one with -0.2 risk.

Also find it hard to increase size so slippage there as well.

Working on entries more aggressive and adding after initial positive feedback. Also, miss to capitalize more on last market fall due to my schedule beeing hectic.

However, confidence in system is solid and building up and preparing scenarios to bring up bet size to economical level. 2 winning outsized trades will do.
    Quote
Old Aug 18th, 2011, 05:32 AM   #40
macroman
 
 
Join Date: Sep 2010
Posts: 588
time to load short.

my list

buy euad
chfjpy

sell indexes

etc...

gtg
    Quote
Old Aug 18th, 2011, 07:01 PM   #41
macroman
 
 
Join Date: Sep 2010
Posts: 588
find it funny when people from usually health organization on street asking for money, like you are rich help x and y.....

Or even begger. He has no debt.

The asking line translated: hey you , give me some money, you are rich, you have access to credit cards & line of credit.

And skip the bit : add up all your assets & liabilities as you may find out net worth is less than a begger one.

beggars are hipocrites !
    Quote
Old Aug 18th, 2011, 07:39 PM   #42
peilthetraveler
 
 
Join Date: Jun 2005
Posts: 7,509
Quote:
Quote from macroman:

find it funny when people from usually health organization on street asking for money, like you are rich help x and y.....

Or even begger. He has no debt.

The asking line translated: hey you , give me some money, you are rich, you have access to credit cards & line of credit.

And skip the bit : add up all your assets & liabilities as you may find out net worth is less than a begger one.

beggars are hipocrites !
Back in the 90s when Donald Trump was having money problems and looking to go bankrupt (I believe he owed 20 billion dollars or so to banks) He was walking with his young daughter and they saw a homeless man begging for change. Donald pointed him out to his daughter and said "See that man? He's worth more money than me"

She was young and didnt understand until years later though what he meant.
    Quote
 
Reply
Thread Tools

Forum Jump



   Conduct Rules   Privacy Policy   Sitemap Copyright © 2014, Elite Trader. All rights reserved.   

WHILE YOU'RE HERE, TAKE A MINUTE TO VISIT SOME OF OUR SPONSORS:
Advantage Futures
Futures Trading & Clearing
AMP Global Clearing
Futures and FX Trading
Collective2
Automated Trading Services
CTS
Futures Trading Software
dom993trading.com
NinjaTrader Consulting
eSignal
Trading Software Provider
FXCM
Forex Trading Services
Global Futures
Futures, Options & FX Trading
Interactive Brokers
Pro Gateway to World Markets
JC Trading Group
Direct Access Trading
MB Trading
Direct Access Trading
NinjaTrader
Trading Software Provider
optionshouse
Option Trading & Education
Rithmic
Futures Trade Execution Platform
SpeedTrader
Direct Access Trading
SpreadProfessor
Spread Trading Instruction
thenut-trader.com
FX, Gold, & Stock Signals
TradersStudio
System Building & Backtesting
Tradier
Equity and Options Trading
Trading Technologies
Trading Software Provider