2012: The Battle for Survival

I'm doing fine, thanks: just taking a hiatus working on my trading psychology and a bit more studying.

 

You're not engineering dates, but parameters. Trying to build a model just so it will give you the most optimal long term entry points is not what reverse engineering is referring to.

 

they do all the time. Any experienced micro market structure pro can discern a strategy after having worked around a list of about 500 trades...

 

I used to reach others' posts, and thought the posters must know something, because they sounded so sure of what they posted.

Now, after I accumulated some knowledge, I realize these posters who sound so sure of what they are posting actually know nothing about trading.

You are one of them. You know nothing about trading.

 

fair point Magna. Back to Neke.

Neke, would you mind posting your trades again, rationale behind it (maybe its too much to ask) but at least what you traded? Or, if you just peruse this thread for yourself without seeking comments could you please let us know, then I won't waste your and my time. I have never commented on the risk you take, every trader has to be accountable to himself as long as you are trading your own funds. But just posting weekly account updates does not add value unless, as asked before, it is posting just for yourself.

Thanks

 

Good luck getting any reply...

 

Weekly Update for week 25/50 ended 7/6/2012


Negative week, down $885 on 7 trades. Took out $5K for the month ended 6/30/2012.

Code:

Opening Balance:                	134,379
Net loss for the week 		           (885)
Cash Withdrawal				 (5,000)
------------------------------------------------
Net Balance:                   		128,494


Since Inception of Thread   01/18/2012 - 07/6/2012

Opening Balance:                   	203,729
Net loss 			        (43,235)(Down 21%)
Cash Withdrawal				(32,000)
------------------------------------------------
Net Balance				128,494

 

Told u -- good luck on that reply...

 

This is all very painful to peruse. I can't imagine continuing like this. I worry seeing so many withdrawals. I think having outrageous targets for trades or years is damaging.

Get small.
Get help.
Stop. It is not working.
Buy and hold would have done better!