Taking 103K to 1.2million by Year End 2008

Discussion in 'Journals' started by neke, Jan 12, 2008.

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  1. NoDoji

    NoDoji

    Awesome gain, Neke! I think you can meet (maybe exceed) your target this year, especially with all the ridiculous prices the hedge fund liquidations have brought about. Any hint of good news (or even a lack of dire news) and those beaten up stocks will bounce hard!

    One question, though: Your strategy is never to risk more than 10% of your account on a trade. Your loss on the ISRG trade was more than twice that amount before you closed it? Did the theta basically kill the trade in a matter of minutes?
     
    #471     Oct 18, 2008
  2. End of week account stattements are worthless.

    Good photoshop skills overcome real profitability.

    Only real trades, posted no more than 5 minutes, are accepted as real.
     
    #472     Oct 18, 2008
  3. neke

    neke

    Miserable wretch. If that is all you can conclude after watching for 2 years, you probably have the brains of a cat.
     
    #473     Oct 18, 2008
  4. karol88

    karol88

    damn, you just killed my confidence! I thought my 50% over the last 3 months or so was something to be proud of in this market (and I trade a bit smaller account than yours and don't use crappy ameritrade :) ) wow, well done...really, really impressive....now I don't feel like trading anymore...:(
    are you celebrating? damn, I would!!! :)
     
    #474     Oct 18, 2008
  5. Neke, are you trading full time now?
     
    #475     Oct 18, 2008
  6. neke

    neke

    No, not yet. Will consider that if these sweet results continue.
     
    #476     Oct 18, 2008
  7. Dude, its time. :) From experience, I will tell you, your results will only get better when you are full time.

     
    #477     Oct 18, 2008
  8. I dont believe Neke is posting this journal to brag. The point that the journal is real or fake is moot. There are valuable lessons to be learned from this journal.




     
    #478     Oct 18, 2008
  9. GRECHA

    GRECHA

    Hi Neke,

    Been following your progress. Really Awesome and inspiring.
     
    #479     Oct 18, 2008
  10. Congratulations, however the question still remains....for 6,7, 8 or so months you were struggling and there was volatility and now the market is NOT normal. So the question is will you be able to trade successfully when the market is only moving 100 points every 3-5 days instead of every 3-5 minutes.....

    There are "traders" who succeed when the market is in high swing and when it slows down..they are out and getting KILLED, RUN OVER....almost like those Realtors and Mortgage Brokers selling, where are they now?....broke, working for $10 hour.

    Again, I really mean this, success to you because only time will tell if you really can succeed when the market gets back to it's normal cycle and to all those traders who are just getting in and seeing huge swings and their accounts growing rapidly.... :cool:
     
    #480     Oct 18, 2008
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