Hey Mav: I knew you were around. Did you trade the models by any chance? If you did, you have to disclose it, because you are not supposed to. What happened the the trading account. Did the partners open one? I thought you were one of the guys who seem to think that what is needed in this business is talent, and that the world is flush with capital. I, on the other hand, see the opposite: Plenty of people with talent, and no capital around. It makes sense since prop firms seem to me to look for capital from traders.
Yeah man of course! I took that EUR/JPY trade for size and it blew me into a thousand pieces. Never saw so much red in my life. Good Lord man. Are you going to reimburse me for that? That was one hell of a stinker. It just kept going and going and going. I begged for it to stop. I mean, your analysis was spot on! It was simply up too much. That was sound research. I don't know how I'm going to make this back. What should I do TJ? You gotta help me!
At whatever 1/16th size is it is patently ridiculous to think backers are looking at size with 16th's pyramids. It really doesn't matter if you are really talking about those as percents they don't look to be making any money, but besides that, it isn't a large enough size to take home any bacon anyway.
From time to time, I think about about answers and analogies to this question: What is a great/perfect trade? If I have to picture it in my mind, what would be its attributes? Do you have answers to this question? Do you ask yourself similar trading questions,and if yes could you give examples?
this is about as perfect as it gets using charts only,ignoring,xmas,fed,end of year,buy the dip...5 major markets all in sync with hns patterns ndx http://i.imgur.com/yxSMcDu.png spx http://i.imgur.com/e646Hty.png dow http://i.imgur.com/3hHzRRe.png djt http://i.imgur.com/8Jw92wm.png russ http://imgur.com/QlkllDQ
A man goes out hoping to get laid... A woman goes out knowing she'll get laid... Most of us on ET are the man (literally and figuratively) in this scenario... True understanding of the industry will be attained if you can figure out the what and whys....