Current returns for 2008/09 financial year?

[beamstas]

Shares, thats about it, but ive been using trials for a number of months, and now am getting ready to trade using more real cash. CFD's really only get dangerous when you have no set trading plan or no PPT and you let your emotions drive your trading. In my case the main thing i have to focus on is patience, just being able to wait till the market gives me the opportunity and not trying to create one. I guess as long as you are aware of the structure of a CFD and the risk its ok.

Okay Mate.





Anyway...
"Is it just my imagination or has the number of expert traders on this site suddenly ballooned during this rally? We must be at the top. "
I agree.

One of my trading systems has gone nuts
This is the return from 01/04/2009 to 11/05/2009 using only a 2% risk (fixed fractional position sizing) and no leverage


It's not that the system is good
It's just that the market has moved crazy fast

Cheers
Brad

 

[anthonyriley]

My charts show price and volume and I draw a few levels in myself.

Very simple.

Doesn't make trading and achieving 1000% returns easy though!

The market dictates a lot of the time, how easy it is or not, sometimes it gives away free money, other times you have to work hard for your scraps!

I agree. . . .and i didnt say 1000% returns were easy if so why isnt everyone doing it . . . i was mearly saything they are possible. . . . . .and i was saying you have id say more chance achieving them then with stocks. . .. im not saying it will always be the case but more often then not. . . . . and by work hard what do you mean? to me the market presents an opportunity to us and we take it or leave it. . . .?

 

[MS+Tradesim]

Nicely done there Brad.

 

[beamstas]

Nicely done there Brad.

Thanks

Just proving the point that you dont need the 'holy grail' to achieve 1000's of % return

All you need is the market to move fast enough LOL!

 

[nunthewiser]

oh pulleeeeeze guys dont u all go turning from bulls back to bears again i still got bleedin shorts open and its to early to go long yet


i take it mr riley dont want a live trade thread opened for him as its easier to type in here how great we are instead

 

[anthonyriley]

fair enough . . . .and trust me i know im no professional trader im far far farrrrr from it. . . i mearly have given my input into the conversation . . . . i would say many of you are more then likely more advanced and experienced traders then i could ever be . . . .

i just dont get why everyone is being negative on the idea that you can make money in the market caus bottom line is thats what this whole thread is about . . . . .

im not saying its easy money but its easier then working many jobs. . . .

if its so hard why do we do it. . . .. . . we must see something there that makes us want to do it . . . . . and somebody mentioned it gets harder when u trade with a larger account . . .. id only agree due to the fact it might be more emotional . .. but. . . . would you be using the same strategy and just buying more contracts or shares. . . ..

 

[anthonyriley]

oh pulleeeeeze guys dont u all go turning from bulls back to bears again i still got bleedin shorts open and its to early to go long yet


i take it mr riley dont want a live trade thread opened for him as its easier to type in here how great we are instead

relaxxxxx

 

[nunthewiser]

fair enough . . . .and trust me i know im no professional trader im far far farrrrr from it. . . i mearly have given my input into the conversation . . . . i would say many of you are more then likely more advanced and experienced traders then i could ever be . . . .

i just dont get why everyone is being negative on the idea that you can make money in the market caus bottom line is thats what this whole thread is about . . . . .

im not saying its easy money but its easier then working many jobs. . . .

if its so hard why do we do it. . . .. . . we must see something there that makes us want to do it . . . . . and somebody mentioned it gets harder when u trade with a larger account . . .. id only agree due to the fact it might be more emotional . .. but. . . . would you be using the same strategy and just buying more contracts or shares. . . ..

yes dewfinately money to be made but also there is losses and unless you know how to look after ya losses you aint gunna m ake money ...simple

um trading l;arger accounts got zilch to do with emotion , its all to do with liquidity .. one mans million is another mans lunch money

 

[sammy84]

id only agree due to the fact it might be more emotional . .. but. . . . would you be using the same strategy and just buying more contracts or shares. . . ..

Its harder because your trades alone will move the market, not that I have that problem...yet

Out of curiosity how long have you been trading? And during that time what has been your largest drawdown? I'm not asking these questions as a dig, just curious because its when your going through that drawdown when you realize trading isn't easy money.

 

[anthonyriley]

Its harder because your trades alone will move the market, not that I have that problem...yet

Out of curiosity how long have you been trading? And during that time what has been your largest drawdown? I'm not asking these questions as a dig, just curious because its when your going through that drawdown when you realize trading isn't easy money.

ive not been trading for long . . . approx 1 year or so . . . and yes ive lost money and ive lost a bit . . .for me anyway . . . but ive learnt alot and those losses made me better . . . . because then i was always like wow wow wow i made a profit now its like i should be making a profit because really thats why im doing it and now im like why why why did i make a loss.....

just outta curiosity does anyone else use cameron mitchells way of trading . . . . .

 

[anthonyriley]

btw if anyone does use cam mitchells way of trading whats their win loss ratio?

 

[jono1887]

Okay Mate.





Anyway...
"Is it just my imagination or has the number of expert traders on this site suddenly ballooned during this rally? We must be at the top. "
I agree.

One of my trading systems has gone nuts
This is the return from 01/04/2009 to 11/05/2009 using only a 2% risk (fixed fractional position sizing) and no leverage


It's not that the system is good
It's just that the market has moved crazy fast

Cheers
Brad

2300% annual return HOW??

 

[nunthewiser]

2300% annual return HOW??

using a demo account or with paper trades otherwise he would have posted actual statements

looks good tho and good luck to him if it works with actual cash

 

[beamstas]

using a demo account or with paper trades otherwise he would have posted actual statements

looks good tho and good luck to him if it works with actual cash

The results shown are in amibroker you idiot

Currently validating this system on another forum

The trades are all viable, with no looking forward. The result is also not an anomily in the data, as i use the best data you can get. The result has not been curve fitted at all.

 

[nunthewiser]

The results shown are in amibroker you idiot

Currently validating this system on another forum

The trades are all viable, with no looking forward. The result is also not an anomily in the data, as i use the best data you can get. The result has not been curve fitted at all.

EXCUSE ME??? "idiot"??? WTF?

i do not use amnibroker .......lol no need to get cranky because from where im sitting it looks like a demo /paper trade claim to fame

lol some ppl get so emotional here at times

geeeeez

 

[beamstas]

EXCUSE ME??? "idiot"??? WTF?

i do not use amnibroker .......lol no need to get cranky because from where im sitting it looks like a demo /paper trade claim to fame

lol some ppl get so emotional here at times

geeeeez

It wasn't a claim to fame
If you read what i was saying i was simply pointing out that in the current market it doesn't take much to achieve 1000's of % returns because of the huge run up we have had recently

If you want to see trades go to my other thread

 

[cutz]

beamstas,

I haven't checked out your thread but are you using real cash or are you testing a system.

 

[beamstas]

beamstas,

I haven't checked out your thread but are you using real cash or are you testing a system.

Testing a system &
Using real cash
The FMG trade on my thread was a signal from this system
The system still holds the trade but i have since closed it in my account due to other reasons

As i stated in my thread, i have not been adding new buys because of the fact that i have been changing brokers

Once it's all sorted out and the system has been validated i will start posting live trades if anybody is interested

The reason for me posting was to not show off a trading system - it was to demonstrate the fact that the market has moved so far in such a short time that anybody could make money

The system does not return big results like that consistently, it is just because of the way the market was during april

 

[jono1887]

You need to be trading CFD to get 1000s% returns right? those returns cant be possible just on stocks

 

[beamstas]

You need to be trading CFD to get 1000s% returns right? those returns cant be possible just on stocks

It is possible
But not probable

The idea of using CFD's isnt to make your positions larger
Just take more signals