Tradingjournals Quest... Turn $100 To $100K or To Ash

Discussion in 'Journals' started by tradingjournals, May 27, 2011.

  1. The hourly volty seems to be about right, but I think it should be about 0.12% (somewhere between 0.1% and 0.15%). During the last 48 hours, I produced 260 pips, at an average rate of 5 pips per hour. The pair moved at an average rate of 2 pips of hour. (mental calcs).

    I did a mental similar calculation earlier today. Assuming one can get two standard deviations each year (one trade per year-buy bottom and sell top of year), with a leverage of 20, each year account will quintuple. So above year for 1000 multiple.
     
    #31     May 31, 2011
  2. I went short at 1.4425.
     
    #32     May 31, 2011
  3. i assumed 365 trading days so the hourly was off. i thought forex is 24/7. but maybe nothing usually happens on Sat and Sun so those days are ignore while calculating volatility.
     
    #33     May 31, 2011
  4. e/u at 1.4410. closed with +15 pips gain.

    Cumulative gains: 275pips.
    Cumulative losses: zero
    Number of trades:9
    Number of trades with gain:9
    Number of trades with loss: 0
     
    #34     May 31, 2011
  5. thanks! But I have to keep it.
     
    #35     May 31, 2011
  6. I wouldn't be surprised if you posted your first losing trade(s) of -200pips or more...........will you reload if your account gets wiped out?
     
    #36     May 31, 2011
  7. Would you get your azz out of here if I continue to post?
     
    #37     May 31, 2011
  8. LOL you sound like you already had one of those account blowing losses handed to you, which of course you forgot to post deliberately. next time you decide to make a public thread, be ready to take some heat. My answer is no.
     
    #38     May 31, 2011
  9. Lucrum

    Lucrum

    I guess we'll just have to take your word for it.
    Gosh if this is all there is to a journal, and all the attention that comes with it, I may start my own. I mean apparently all one has to do is claim he made a trade and profit after the fact and you're set.

    I do have a question, will you be deleting trade entry posts after the market moves against you like you did recently in the FX forum?

    And before you start crying, remember you said here:
     
    #39     Jun 1, 2011
  10. LeeD

    LeeD

    One has to post a few losing trades in order to keep suspense going.
     
    #40     Jun 1, 2011