Cash & Carry

Discussion in 'Journals' started by ElectricSavant, Jul 8, 2005.

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  1. I do not take these trades off, unless I can improve on the interest I would get...Most of the 24 hr period has passed, so I simply do not take a 0 canceling combination. I want around 4 bucks more. The idea is two fold...get off that big loser at the bottom, but do not sacrifice yield..Also you gotta get right back in after you take these off...but you can reduce exposure when you get back in too...so actually its three-fold.

    Remember there is only 5k traded, these numbers get proportionately bigger with more capital.

    Michael B.
     
    #61     Jul 13, 2005
  2. I must switch the charts to 5 minutes now...
     
    #62     Jul 13, 2005
  3. no time to talk...here is 5 min
     
    #63     Jul 13, 2005
  4. This is slow trading at this time, but the trend is there...Electric could of grabbed this but the AUD/JPY stopped...What is he waiting for?
     
    #64     Jul 13, 2005
  5. gekko

    gekko

    Is your system scalable ? What could it handle in terms of capital before potentially affecting it's results.

    Thanks
     
    #65     Jul 13, 2005
  6. Take it easy, Just befor interest is paid there is movement.


     
    #66     Jul 13, 2005
  7. Yes its scalable. I just use the proportions I use now. This is retail spot Forex...Banks trade with hundreds of millions. The dealer/marketmaker I use can handle 10 million USD per trade.

    Michael B.


     
    #67     Jul 13, 2005
  8. Interest was just paid. So if I trade it is for tomorrows spreadsheet...

    I do not need to trade just to trade. There was not any profit to take off the table, so I will wait. No biggie, as I just continue to collect the interest and do not have to deal with the problem of getting back in. No reason to waste spread because of overtrading...

    Remember this is a carry system....

    Michael B.
     
    #68     Jul 13, 2005
  9. #69     Jul 13, 2005
  10. TradeVestors (where did she get that?)

    We went out to dinner last night, so excuse Wifey for not posting the transaction histories as promised. She is sleeping still, she had quite a nice night last night. I'm not dead yet and the romance is still there.

    First of all I made some trades. Here is the Activity sheet.
     
    #70     Jul 14, 2005
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