PHOENIX TRADING's 2013 Prophet and Loss Journal

Discussion in 'Journals' started by PHOENIX TRADING, Jan 4, 2013.

  1. Magna

    Magna Administrator

    Okay boyz 'n gurlz, enough of this mano a mano. Let's keep it friendly, and if not friendly then respectful. This journal is about trading, and if you think you can do it better then POST IT. Otherwise back to twitter and your blog... Thanks.
     
    #81     Jan 8, 2013
  2. I thought this was an interesting story depicting the complacency of the market.
    I'm only vaguely familiar with the index, it's supposed to be broader in scope than the vix.
    It's my opinion that world markets are being driven by competitive central bank devaluations around the world.
    sorry I'm too lazy to post the images , just follow the links.
     
    #82     Jan 9, 2013
  3. Phoenix, can you share more about your "new strategy" performance? Return, max DD, Sharpe?

     
    #83     Jan 13, 2013
  4. I'm up 15% since changing my strategy 9-10 months ago.

    The other numbers I do not have nor am I interested in trying to calculate.
     
    #84     Jan 13, 2013
  5. Good luck. Just let us know when you have your next big DD..

     
    #85     Jan 13, 2013
  6. :D :D yep will do .
     
    #86     Jan 13, 2013
  7. Still no trades as yet.
    it just doesn't seem wise to jump in with the S&P hitting multi-year highs.
    Otherwise I'm enjoying retirement.
    Kinda funny:(strange number calls me at my vacation spot)
    Company called begging me to run an office over a hundred miles away for a week or two.

    corp flunkie: What would it take for you to do this for us?
    myself: I'll do it for $1,000/day.

    corp flunkie: What happened to you , you used to be so easy to get along with?

    myself: Well that was before the company screwed me over.

    corp flunkie: I'd really like to hear what happened, but I'd still like
    to know what it will take for you to do this for us.

    myself : It's a long story and I'm not interested in telling it , what's done is done. I told you I'd do it for $1,000/day and that's my price.

    corp flunkie: Well that's not reasonable.

    :D
     
    #87     Jan 30, 2013
  8. Pekelo

    Pekelo

    You mean by your rules or you are overriding the rules because the market has been too high?
     
    #88     Jan 30, 2013
  9. Lemme check my " TGIF napkin"

    I've got those dang rules somewhere.

    I think I've told you part of my new strategy has some discretion to it.


    In fact I AM FOLLOWING MY RULES. If I had a position on right now they would have me scaling out.

    So yeah I'm following my rules.
     
    #89     Jan 30, 2013
  10. Pekelo

    Pekelo

    Well, then with all due respect, your strategy sucks. If in a whole month it didn't give you not even one trade, it is not a particulary good strategy. Unless it fires only a few times a year but makes shitload of money at each opportunity...

    When backtested, how many trades per month on average?
     
    #90     Jan 30, 2013