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tradingjournals
 

Registered: May 2010
Posts: 3189

 

06-01-11 03:51 AM


Quote from shortie:

if my calc are correct 10% volatility ~ 0.1% hourly volatility. if one catches each 0.1% turn, bets the whole bankroll each time using full leverage he will get to $100K in about 4,000 hours or ~ half a year.

if one catches only one 0.1% turn out of 10 hours - 5 years. i don't even know how realistic it is to catch 1/10 hourly turns.



The hourly volty seems to be about right, but I think it should be about 0.12% (somewhere between 0.1% and 0.15%). During the last 48 hours, I produced 260 pips, at an average rate of 5 pips per hour. The pair moved at an average rate of 2 pips of hour. (mental calcs).

I did a mental similar calculation earlier today. Assuming one can get two standard deviations each year (one trade per year-buy bottom and sell top of year), with a leverage of 20, each year account will quintuple. So above year for 1000 multiple.

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tradingjournals
 

Registered: May 2010
Posts: 3189

 

06-01-11 03:56 AM

I went short at 1.4425.

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shortie
 

Registered: Apr 2006
Posts: 6711

 

06-01-11 04:00 AM

i assumed 365 trading days so the hourly was off. i thought forex is 24/7. but maybe nothing usually happens on Sat and Sun so those days are ignore while calculating volatility.

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tradingjournals
 

Registered: May 2010
Posts: 3189

 

06-01-11 04:09 AM


Quote from tradingjournals:

I went short at 1.4425.



e/u at 1.4410. closed with +15 pips gain.

Cumulative gains: 275pips.
Cumulative losses: zero
Number of trades:9
Number of trades with gain:9
Number of trades with loss: 0

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tradingjournals
 

Registered: May 2010
Posts: 3189

 

06-01-11 04:13 AM


Quote from mindtrade:

Pretty nice start.



thanks! But I have to keep it.

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forsalenyc
 

Registered: Jan 2005
Posts: 1200

 

06-01-11 04:17 AM

I wouldn't be surprised if you posted your first losing trade(s) of -200pips or more...........will you reload if your account gets wiped out?

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