Tuesday, October 31, 2017

A win win situation

Me 60 bucks, my broker 1110, now that's not a happy situation but then my current broker might feel even worst when he thinks the only reason he did not won $1110 today is because I`m short of 100K real cash. Anyway I can rest assure him that I`ll be the ideal client as long as he offers a fair game...with futures and zero conflict of interest I see no reason why my broker can`t have $1110 or a lot more in a day from my commissions. Speaking about ideal clients, they like to trade a lot, they do trade a lot, they permanently win and generate happiness wherever they go as they think about cash in a very different way from most of the people, I believe, at least I do. Of course speaking like this in some places might be very dangerous. But then it was always like that with the truth. Now, this week does look quite bad, I mean 300 bucks in 2 days on a 100K account!!!???? C`mon, if I would have a horse he would have traded better in my place, of course I have no horse so...I`m thinking that by the end of the week I have to, I really have to hit it hard, previous week was acceptable I mean $6K for the one weekend is acceptable for a start but 300 in 2 days means 750 in 5 days and that won`t do for one weekend, of course I`m short 100K but...anyone with me?

Monday, October 30, 2017

Monday Enhancements

Because half of the day I made some tests I got in a drawdown which later I`ve recovered. The test required to place a lot of 1 tick losing trades such as the profit is chopped by the commissions and the net its kind of low. I`ve wasted the energy for today. Its not bad considering the fact that most of the day I did not traded for the result but for the test. The test was successful which is more important than the result here now. Hopefully I won`t get any bright idea very soon test again. Actually the enhancement I added is required for futures and it was not possible to apply on the FX - I`ve lost some things when I switched to futures but everything can be even better actually and this improvement was necessary.

Friday, October 27, 2017

A losing Friday

  I was sitting on a healthy +$1200 profits up until 5PM when I decided its not enough and not even that I decided the market should go down even though  it was in an obvious up trend so I went short and I kept shorting up until my $1200 profits were nowhere to be seen and got what you see in the picture. The story is a happy one though because some things you just don`t do when trading but tell that to whom? me? nah I`m able to be so reckless that you can`t possible imagine just because I know that by being careful after being careless I`m going to repair everything. That is why the story of this losing day is a happy one with a slightly danger in it called overconfidence. That is actually the only thing that can do an irrecoverably damage. Of course I would not recommend to myself to do what I did today very often because starting carless and continuing with overconfidence is a deadly recipe, today I was careless regarding to what the market is doing but I was careful after. The story of the day.

PS: I don`t know why I hate losing days, most traders accept them I don`t, they are annoying.

Done with FX back to futures

Given the level of manipulation in that market I have decided to protest by giving up and throwing them the cash in disgust. I can not tell you here the reasons of doing so, not without the danger of appearing nuts, so I`ll skip the story and just forget about FX. What I`m currently doing is trading the futures market with my strategy. I did so in the past for a while and I suppose futures is the market to address if you want to invest your capital. At least I would not recommend you to place your capital on the FX.
I`ve started again with futures this week with a demo account of $100K and for the time being I`m up a little more than 6% after commissions. Not bad for a week and certainly with a little more confidence that this market is not manipulated or at least not in the disgusting mode the FX is. For the reason of having nothing better to do I will show you what a good trader, I was about to say professional but since its a demo account I will skip the term for now, can achieve and the money that can be made from the markets. I do have an offer to copy my trades but you would need $25K at least, should you be interested in making money contact me.
Bellow is the 100K account performance from the start of the week, net performance is calculated by subtracting $7.5/contract/round turn

Starting from Monday I will be presenting the performance every day in the same format.