retire48

Wow, I take a day off and a lot of talk.. Well I am still alive, had a decent Thursday up to $2429 (Thales, will PM you), out of town so did not trade Friday. Will post Thursday's statement on Sunday evening. Thales, I don't care what revisions you make to the race... FXCowboy, will miss your participation... I fully understand the pressure of going for a fixed (a very difficult one) goal AND attempting it in a spectator setting, after all, I posted the request to post my statement less often to trade my balance less. As far as the goal goes, I am suprised anyone's trading is affected by it. I am pretty much oblivious to it. I have my risk control and unit growth limits in place and that's all I care about. Trading in public is a bit bothersome and I believe adversely affects many traders in spite if the anonimity of the internet. The tiny account trader, paradoxically, is most likely to want to partcipate in race such as this one while he/she is least able to reach the goal for a couple of reasons: Probably not a successful trader (small account).. Doesn't understand the realities of trading (small account) Is most likely to very affected by fear (doesn't have a lot of money) and greed (doesn't have a lot of money). Please not criticizing any participating or that have participated here, just general observations of myself and others traders over the years. Those that are able to do it don't feel the need to as they don't need to and they know how difficult it actually is so a complete waste of their time as they have nothing to prove. We all know those that participate in journals tend to want to prove something other than make money. Yes be the greatest trader that ever lived.... The timeline of the goal I ignored the minute I read it.. A 100k in 52 weeks maybe and even better, set a date, say December 31 2010 and the highest gainer wins. As we know, capital preservation matters as well. In fact, though complicated, I would suggest a consistency component, which actually is a better roadmap to higher gains long-term, whatever they are. Please forgive typos.. iPhone typing here....