Trading Forex

Discussion in 'Journals' started by padutrader, Jun 2, 2019.

  1. padutrader

    padutrader

    despite what anyone says these results are not a fluke cannot be a fluke
     
    #551     Jun 21, 2019
  2. padutrader

    padutrader

    i am posting only closing trades now....closed aud usd long nj11.png
     
    #552     Jun 21, 2019
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  3. SteveH

    SteveH

    You'll need several 100's of trades to find out. You are not the first to think your trading skills may be exempt from the inverse relationship of winning pct to avg reward divided by avg risk.

    If you have a winning system, and on avg, you are risking 2x the gain per trade (as Brooks did in his first book), then you can expect your avg winning pct to converge to 80% longer term. The 90% and above group of trading systems tend to get blown-out on catastrophic losses.

    Given your recent results, you would do well to sweep your brokerage account often.
     
    #553     Jun 21, 2019
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  4. destriero

    destriero

    Bro, it's a fluke but I pray that you can turn it into some serious cash before you blow-out. I agree with Steve; you should wire out all but $5K and not reload.
     
    #554     Jun 21, 2019
    NQurious likes this.
  5. padutrader

    padutrader



    i am no novice
    i read my first TA book in 1994....i have read 100s of books

    why do you think i have taken my trading public ...not to make a fool of myself.

    I have managed to do what everyone said could not be one...what you are still saying

    i will stun you all into silence.......

    all it takes is a little time

    bear with me till then and watch this space

    you might see what no one has ever seen before in the history of Mankind....
     
    #555     Jun 21, 2019
  6. padutrader

    padutrader

    thanks guys

    i was going to stop posting...there is no point in running around naked.. if no one notices...

    BUT now i am going to continue but only that much which does not disturb my focus on the markets.

    in any case i will post end of day statements and history.

    But i am also very happy that you have not questioned my integrity but validated it.

    You have not said that somehow i am faking my results....that is a huge compliment to me as a person

    You will witness the greatest show on earth EVER.

    and i can afford to pay for the popcorn
     
    #556     Jun 21, 2019
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  7. Overnight

    Overnight

    Were the deposits just some sort of sweep?
     
    #557     Jun 21, 2019
  8. NQurious

    NQurious

    carry
     
    #558     Jun 21, 2019
  9. padutrader

    padutrader

    what is sweep
    the deposits is a rebate given by the broker when a certain volume of trading is crossed...a discount of brokerage and so i, logically i think, take it as my profit
     
    #559     Jun 21, 2019
  10. padutrader

    padutrader

    they say trend is your friend....but i have become master of range...trading
     
    #560     Jun 23, 2019
    Heydrrich likes this.