Australian (ASX) Stock Market Forum

My trading - how I trade for a living

rmt

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11 December 2012
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Hello guys,

I hope this is not the wrong thread, because I want to post my trading here. I trade for a living for 10 years now and I want to share my trading with you. I hope this will help some people. From time to time I will explain how I spot my setups.

If you have any questions please do not hesitate to contact me
 

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  • TRADE OVERVIEW.xls
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Hello guys,

I hope this is not the wrong thread, because I want to post my trading here. I trade for a living for 10 years now and I want to share my trading with you. I hope this will help some people. From time to time I will explain how I spot my setups.

If you have any questions please do not hesitate to contact me

A screen shot would be better.

xls files can contain viruses etc.
 
Haha, that spreadsheet provided very little.

I think you would be better of explaining your strategy etc rather than showing us your open and closed positions.
 
Hi,

yes all us equties I only trade US equities and commodities. But I only use limit orders so that I dont have to sit in front of the screen all the time. I will explain my setups later in the moment I will post and on the weekends i will try to explain how I find my setups.

I am trading for a living and pretty risk averse I always test the market and if it does not do what I want I am out with a little gain or loss.

Here is the update for today
 

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  • TRADE OVERVIEW.xls
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Great my type of trading.
Look forward to your work
I know how Time consuming ( posting on forums) are.
 
True it is really time cosnuming. I am still working on improving the file so that it will be eaiser for all. if you have any suggestions please tell me. If you have questions concerning my trading please ask me as well
 
Are you having a lend of me Dentepuma. where did you get the charting software. I've got to get me sum? Not!

maybe RMT knows how ya do it?
 
Ok here is the update for today

View attachment TRADE OVERVIEW.xls

No I have no idea about special software etc. I cant predict the markets and I have no secret setup or indicator. I just test the market and if it not goes my way I am out. Most of the time with a small loss or gain
 
Ok here is the update for today

View attachment 49913

No I have no idea about special software etc. I cant predict the markets and I have no secret setup or indicator. I just test the market and if it not goes my way I am out. Most of the time with a small loss or gain

O.K so you have made a couple of bucks hear and there. I'm really beside my self about it. I see your more then happy to show everyone. I'm happy for you.

But what I want to know is whats the big secret. I always wanted to know how to test ( predict ) the market. so how do you do it. Come On! RMT spill the beans?
 
So your a discretionary trader.

Your trading edge (it seems) is your trade management only.
If a trade goes against you then you quit with as small a loss as possible
and if it goes with you you get out ( unfortunately) also with a small win.

Do you know your win/loss rate?
Do you know your average win to average loss?
Do you know your longest run of losers to winners?
Do you know how many winners it takes to knock out your average draw down?
Do you know your initial Draw down value?
Do you know your peak to valley Draw down?
What is your average position size and how do you determine that?
What is your average % return year in year out over the last 10 years?

I dont expect you'll have all these stats.
I dont--not unless I spend a few weeks doing them by hand! (For my discretionary trading)

You must have a condition which says by and or sell which is more than pure GUT feel?
 
Yeah I trade specific chart pattern and I tested them. I use market profile to get an idea where it could be useful to get in or out. That does not mean that I can predic the markets. For commodities I use chart patterns in cobination with the cot report.

I am not here to show off with my trading. I just want to share it. Like i said in the coming weeks I will try to explain some more about my trading.

But for me the most important part is the risk management. I have ideas what the market will do but if the market does not do it I am out. For example my NG trade, the market was not doing what I wanted I am out with a small loss. ZC for example is doing what I want so I try to adjust the stop and take some profits.

Stopp for CDNS is 12.45 USD
View attachment TRADE OVERVIEW.xls
 

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  • TRADE OVERVIEW.xls
    44 KB · Views: 17
rmt,

You have made 5 posts to this forum, all under the thread you started, stating in the title "
how I trade for a living
"...

...yet I do not detect any such thing in your posts. The use of nefarious terms such as "specific chart patterns", " I use market profile to get an idea" and "I use chart patterns in cobination with the cot report" is next to useless in explanation.

My question to you is why did you start a thread on a new forum to you, about "How I trade for a living", if you didn't have the time or the inclination to post about this topic?
 
My question to you is why did you start a thread on a new forum to you, about "How I trade for a living", if you didn't have the time or the inclination to post about this topic?

Thankfully its not just me thinking the same thing !
 
He's building suspense.

Here's a better way to do it:

"Hey guys, I'm ultra busy but I just wanted to tell you all that things are going great here. I can only come onto the forum occasionally due to all my very important commitments. It's just that I'm so tied up with all that's going on with my trading. I may get time later on to show you little people how it all works... if I have time. You see I'm in high demand, I'm an important guy and my work is very serious. Hopefully I can drop in and help you guys out soon. Got to run now, FTSE about to open and we (yes we) have some big positions on".

The whole idea is to get as many people as possible hanging on your every word by drip-feeding info. Seen it before? Sure you have!

:xyxthumbs:xyxthumbs:xyxthumbs:xyxthumbs
 
Guys,

I will try on the weekend but first we need some trades. I have 2 closed position since I am posting here. I will explain on the weekend why I closed them and why I opend them.

But to be honest why dont you check out my trading so that you can see how I am doing. Most of you think I am not profitable, so why dont see and wait and when I am profitable you still can ask for my setups. But if I post them now and most of you think I am not profitable why should you waste your time checking my setups?
 
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