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TTony
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Everything posted by TTony
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Yeah, I let him trick me ..... again :doh:
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I'm out ... it went out of control :crap:
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I meant Monday, August 5th .... for August contest.
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Is it possible to set it up to start on Monday 5th? Or is that also to late? It would be interesting to see the performance of the "Flippin' system"
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wow This time next year we'll be millionaires :rofl:
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I'm in Mon 29th - heads/buy
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Averaging down + too much leverage = recipe for disaster I do ok for a while with stops in place and reasonable position sizes .... and then that little red guy on my shoulder starts whispering in my ear: "what a pathetic return, you can do better than that, INCREASE POSITION SIZE!!!" ..... and somehow I can't resist
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Oops, margin call :crap: :rofl: maybe next time ....
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Ok, I'm in for April There's still time to join till 3rd if anyone missed that. sign up here: https://fx2.oanda.com/mod_perl/fxcontest/fxcontest.pl?rm=contestDetails&contestId=2667
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Oh, I'm just lucky. But I read somewhere Ingot found the Holy Grail
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It's good to hear she is recovering so well. My best wishes to her. re: contest I think max DD rule is a must. 20% is ok maybe even 30% if others want more but beyond that it's just gambling.
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My "End of the world" campaign didn't finish as planed. I accumulated huge position which showed big unrealized profit (forgot to take at least some of it :crap:) but overnight it collapsed to zero. Still managed to get at least something out of it but, meh, this one had the potential to catapult me to 2nd place behind optiontimer. Maybe next time ..... I'm probably done for the year and would like to wish everyone here a merry Christmas and tons of pips in 2013
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I think half of those losing trades were my fault. really must work on my discipline Often I jump in too soon/late because my lack of patience. After that post I caught nice moves in e/j, e/u and g/j so at the moment all is well
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Anything I do ends up with a loss. :crap: Out of 12 last trades 10 were losers. Very frustrating
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Quoting myself from post #51 Optiontimer, how big of a sample would you say we need in order to conclude (with some degree of confidence) that our trading strategy is profitable? I'm talking about real money trades not demo.
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I actually meant "risk per trade" but couldn't edit because my posts are not visible until approved by mod. Thanks again for another great post. Good stuff. btw. anyone knows how long this "new member" status lasts? My posts are not showing up for hours. Let's see when this one will appear
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I guess it takes big sample size of positive performance and a lot of experience to be able to trade with confidence and discipline after a long losing streak with 2-3% risk per trade. You obviously have all that and it's great you're sharing your insights (I'm reading thru "Optiontimer's Project" thread). Thank you. As for me I just came back to trading after a few years break and as I'm building my trading plan I stick to the rule "Don't lose money" If I'll get positive results I'll slowly increase position size. For now any profit is good.
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Wow optiontimer, down 10% in one day and back again next day. Do you trade real account with same risk? Is there a max DD rule for this contest?
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Ah, I didn't know I must register with the same username. Registered as "Tony Macaroni" but haven't been approved yet. I hope it's ok, I'm the only "Tony" registered so far so it's obious that's me.
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Congrats Kuokam on great performance and thank you for mentioning that thread. Also thanks to Ingot for posting the link. Will start reading asap.
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Ok, thanks. Just registered.
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Hi Another new member. Traded forex for some time few years back but couldn't get consistent results. Then took a break and played a lot of online poker. That improved my discipline and "mental game". Will try forex again and see how it goes TT
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Hi I'm new here. Can I join this trading contest? TT