2012: The Battle for Survival

Discussion in 'Journals' started by neke, Jan 17, 2012.

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  1. Let's see, being asked not to post by a naive sub 20 post count alias.

    Neke's still losing, because he has no edge, and hasn't posted his backtested equity curve.

    Sure, he's going to the moon.
     
    #121     Mar 3, 2012
  2. So since you ignore the substance, like a backtesting engine that doesn't work, what's not constructive about that?

    His backtests haven't worked out since moving to automation, and this is very likely due to the TOS/TD Ameritrade platform he is on.

    If you don't see that as constructive, you are just as naive as neke's ignorance, and any well-wisher that doesn't know the difference, or that there are better backtesters than the one he's using.
     
    #122     Mar 3, 2012
  3. neke

    neke

    No, I still have my regular job. Whatever I am pulling here is supplementary. It's just unfortunate it has grown to be almost what I am getting from the other job net. Might have to cut down if things do not improve.
     
    #123     Mar 4, 2012
  4. lwlee

    lwlee

    That's good, having a supplementary income doesn't make trading a make-or-break proposition. Though it would have given the title, "The Battle for Survival", a more dramatic undertone. :D

    I've been trading 6 months FT as my only source of income. Luv the independence but not the income insecurity.

     
    #124     Mar 4, 2012
  5. neke

    neke

    Weekly Update for week 8/50 ended 3/9/2012

    Positive week, up 9.2K (5%).

    Good collection of gains and no major losses to report. My system is now ensuring no position gets averaged down on. Once more at (almost) break-even for the year for the 3rd time. Hopefully there could be some take-off sometime soon.

    Code:
    
    Opening Balance:                	182,144
    Net gain for the week 		          9,163
    ------------------------------------------------
    Net Balance:                   		191,307
    
    
    Since Inception of Thread   01/18/2012 - 03/9/2012
    
    Opening Balance:                   	203,729
    Net loss 			           (422) (down 0.2%)
    Cash Withdrawal				(12,000)
    ------------------------------------------------
    Net Balance				191,307
    
    
    


    [​IMG]
     
    #125     Mar 9, 2012
  6. Zzoom

    Zzoom

    Good Job :cool:
     
    #126     Mar 9, 2012
  7. Nice to see you getting a positive return. You deserve it. Those who had put on a trade or two know very well how hard it is to keep on going after getting hit by the markets. I salute you Neke.
     
    #127     Mar 9, 2012
  8. neke

    neke

    Weekly Update for week 9/50 ended 3/17/2012

    Great week, up 14K (7.5%).

    Most of the action this week is centred in AAPL options. Scored 2 out of 4, but the winners far outsized the losers. Faded on Tues (bought AAPL PUT), lost 4.2K. Faded again on Wed (triggered trade, albeit on smaller size since I was away all day), surpised to see the stock up 21pts at end of day, lost 5.8K, Faded the final gap up on Thursday, this time hit it right making +12K. Long CALL the morning sell-off on Fri, again +13K. Pleased there is no more case of averaging down (or it could have been worse on Tues/Wed).

    Code:
    
    Opening Balance:                	191,307
    Net gain for the week 		         14,371
    ------------------------------------------------
    Net Balance:                   		205,678
    
    
    Since Inception of Thread   01/18/2012 - 03/17/2012
    
    Opening Balance:                   	203,729
    Net gain 			         13,949 (up 6.8%)
    Cash Withdrawal				(12,000)
    ------------------------------------------------
    Net Balance				205,678
    
    
    


    [​IMG]
     
    #128     Mar 16, 2012
  9. Superb.......how's your blackbox doing? Have you come up with a new one? Cheers
     
    #129     Mar 16, 2012
  10. Sounds like you started trading and stopped the bullshit that it was ruining you in the past.

    Keep it up!
     
    #130     Mar 16, 2012
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