Well, he did a good job to automate more of his trading, including risk management. At the same time the thread pretty much lost all of its appeal. Not because of the results but whats the point of seeing his p&l and nothing else...before there were trades that could have inspired ideas....among other things...
Although I agree that many here are train wreck enthusiasts I bet most people only care to post when there are huge swings either on the up or down side. Big swings plus discretionary trading equals a very interesting story. Small percentage swings with non-discretionary trading have been experienced by countless traders thousands of times and are about as interesting as reading a journal about a guy brushing his teeth.
Neke, to keep your journal a worthwhile read, could you please continue to post some of your trades that your system has taken? No need to mention stops or targets, there is no intention to ask you to reveal any of your system. Also a little more detail on your overnight positions would be much appreciated and could spark an interesting discussion. It may also serve you well to document what has been going on with your system and overnight trades...
Neke can make this back. I don't think its the leverage thats the problem. If he can stop doubling down, and learn to cut losers, he'll do much better. Good job this week.
Hey Neke, I would like to respectfully disagree with you here on this point. Making 10K in a week is not 'ok'. Its great It is really great. There is nothing ok about it. You made more this week than most make on their money in a year. Plus you made some changes and they often take time to actually improve a situation so this week appears to be better yet. I don't know about you but for me the numbers sometimes lose their real meaning especially when the numbers are lower than they were just a short while ago. Keep up the good work and best to you this week Robert
43 weeks left here's how that would compound: 3.00% 256.45% 3.25% 295.61% 3.50% 338.97% 3.75% 386.95% 4% 440.05% 4.25% 498.78% 4.50% 563.74% I'd take that...