Joining the CME gang

Discussion in 'Journals' started by hilmy83, Jul 17, 2019.

  1. Great results, @hilmy83. It seems like you had approximately a 190 % gain on your capital this month.

    Did you take on a lot of open risk to achieve this or did your trading simply improve tremendously?

    I don't mean to sound critical, but I do remember that day where you lost approximately 80 % of your account in a single day. And that can pretty much only happen if you're trading with very high leverage.

    Regardless, good luck moving forward. :)
     
    #321     May 30, 2020
  2. heispark

    heispark

    You may find some hint about his trading style from here: https://www.forexfactory.com/hilmy83#acct.18
    He's quite aggressive trader, and I think he knows what he's doing.
     
    #322     May 30, 2020
    Laissez Faire likes this.
  3. hilmy83

    hilmy83

    i'd like to think i improved. but yea i'm pretty aggresive, maybe too much. But this is why i'm actually putting few proifts into passive income like dividends. this is the first time i'm thinking of having a plan b just in case i screw up again.
     
    #323     May 31, 2020
    _eug_ likes this.
  4. hilmy83

    hilmy83

    if only i can minimize the losses. then maybe i could walk away with at least a million.

    but at least what that shows is it's possible to make a million lol
     
    #324     May 31, 2020
    heispark likes this.
  5. Thanks.

    Would you mind sharing how much you typically risk per any given trade?

    Friday is for example a day where one could have made a windfall profit holding a huge amount of long contracts through considerable heat, but could have easily led to a margin call if it went the other way.

    I'm just trying to understand if the way you're still trading is a way of trading where it's still possible to actually blow your account.

    A clever trader once said that smaller accounts seek volatility; larger accounts seek stability. You have a pretty decent account now. Maybe it would make sense to reduce risk a bit and avoid pressing too much. Would hate to see you take a big hit again and give back your gains.

    Anyway, good luck moving forward! :)
     
    #325     May 31, 2020
  6. trumdauxu

    trumdauxu

    You have created a great profitable strategy here that is highly affordable to all traders. Would you consider posting the full details of your strategy including the rules you use in the Community? I am sure the members will appreciate it very much.
     
    #326     Jun 4, 2020
  7. hilmy83

    hilmy83

    right now i'm not sharing anything cause i seriously want to learn every aspect of my strategy without having people put doubts in my head about how it should work with their comments. But you can get a glimpse of what it is just reading the thread. I won't deny or confirm anything though..

    once i get like 3 years under me with this strategy without blowups, then i might disclose it. by then you have data to back it up.

    or maybe i'll just sell it for a few mil.
     
    #327     Jun 5, 2020
  8. Can you confirm if your strategy take on relatively huge risk and/or with wild equity swings?
     
    #328     Jun 5, 2020
  9. hilmy83

    hilmy83

     
    #329     Jun 5, 2020
    Laissez Faire likes this.
  10. hilmy83

    hilmy83

    I think I might crack six figures this week. Everything has to work out perfectly though. We'll see. Since it's a milestone, I'll post daily pnl this week; first platform screen and later with statement, for each trading day
     
    #330     Jun 7, 2020
    heispark, Ace66 and trumdauxu like this.