06/06/07 +8.9% New record high. Since 104! days I am making 2.7% avg. EVERY day. Target is to reach the 3%/day mark this quarter.
06/07/07 -89.1% Very bad mistake in money management, judgement of the down trend and technical analysis. I need a lot of time to recover: 75 days for an average of 3% per day. 46 days for an average of 5% per day. 29 days for an average of 8% per day. 24 days for an average of 10% per day. 20 days for an average of 12% per day. 16 days for an average of 15% per day.
06/11/07 +35.8% Risk was 20.8% of the account. Risk to Reward ratio need to be log because of high percentages. Skill was there today and experience. Trade was a strangle. I know that I have a long way to reach new tops.
06/12/07 +161.5% Long strangles all the way. Great fun hunting. Big dependence on big intraday moves. I am back in the game with 2.4% avg. since 108 days!
QQ12 Focusing on wrong goal. If you dont want your account wiped out - easy. Use small positions. IS that really your goal? Dude - work out what you REALLY want. Im serious.
If your system will be anything near as good in real-life why not commit real money to trade this, and let's watch your success, with real account balances and profit figures?
nzbryant With this account I learned how not to blow up an account. I learned it by compiling all the information and sharing it. I lost money in the last years. Now I know that to win is a function of controlling and documenting my account. Because I am doing it since 109 trading days, I know what I want. I also outlined my goals many times in this thread.
neke My system is live and in real $s. But I don't care about them. I care about two things. 1) not to wipe out my account (see thread title) 2) make an average of 3% gain every day The reason why I can post that huge gains is because the market is exceptional volatile these days. I am spending also a lot of time and effort to research and trade (full time).