ha! all 4 screens? this is the first page of one of the accounts. i think its the second set of numbers.
this is my trade i did tommmorow
DEAL Closing trades 21/04/09 B6UXM6AB Australia 200 Cash (A$5 Mini Contract) - 3395.5 A$ +33 369999.5 A$600,000000000000000 and a bit
get my point?
could always do a screenshot i spose and shut that beemsta fella up once and for all
but hey if ya really did turn 1500 into 550k in 12 mnths , i tip my hat to ya and have a great day
this isnt proof of anything actually but hey good luck to ya ..........hang on i,ll just post a result too
DEAL Closing trades 33/12/08 BSWQ78AC Australia 200 Cash (A$5 Mini Contract) - 3500 A$ +5 3791.5 A$77777777777777,287.50
yes i done did real good there
oh and just so that you know, 3791.5-3500 = 291.5*5*5 = 7,287.50you are a few trillion off
Since the great men TH and MRC & Co AND sanity-debated Cartman all seem to accept the trading claims, all I can say is.
Ivan, you are one BIG SWINGING DICK. (This is not a personal attack http://www.urbandictionary.com/define.php?term=big swinging dick)
is that i have a few of your habits (except the one where you risk 100% on a tradeie scaling into positions around the top/bottom of a perceived reversal etc ----
.
UH OH
hope that does not make my sanity doubtable also as this is a method i often uselol not the 100% but the scaling in on perceieved reversal points
I resemble that remark !!
Hey "Ive" ----- personally it doesnt worry me whether you made a squillion or not, and if you have, brilliant, ---- i gotta be honest; i'm still a "bit" skeptical though, sorry mate, but with the sort of claims you have made you gotta expect that -- but that doesnt mean i dont like your style !!
what scares me the most (or in the case that your claims are true, what interests me the most) is that i have a few of your habits (except the one where you risk 100% on a tradeie scaling into positions around the top/bottom of a perceived reversal etc ----
TH has shown us all that he can turn 2 grand into 20 grand when he gets in the zone (and thats on his "play" account lol ), so your claims from a monetary % are actually believable --
I'm seriously not trying to rain on your parade on a personal level, but the average punter doesnt need to be given any info that could be considered dodgy, cause it could end up costing them their shirt if you get my drift --- and believe me i know what its like to lose my shirt --- and i dont look good in underwear !!!
I havent been through many of the trades you pasted up (im not that pedantic) , but this one i'm having a little trouble with
DEAL Closing trades 23/12/08 BSWQ77AC Australia 200 Cash (A$5 Mini Contract) - 3500 A$ +5 3791.5 A$7,287.50
opened long at 3500 (whatever date) and closed at 3791.50 on the 23/12/08 correct ??
M8, if i'm missing something, i apologise, but as i say, you have to accept skepticicity (i made that up) when making big claims
Cheers.
whats a few trillion in a forum hey ?
by the way m8 .i understand where u coming from ie , being so young and going for sheet or bust .......... do agree with TH a lil here and reckon u should put some of that cash aside now that you made yourself a nice lil capital base to work with
but hey if you dont and continue this way ,,,, hell who is to say it shouldnt be done . your cash .your choice . just hope you continue winning and turn into a gigazillionaire by the time ya 25
good luck with it champ
I noticed that you were asking about brokers before Ivant.
The best one that l have come across so far is Tradestation.
http://www.tradestation.com/brokerage/overview.shtm
Platform looks good and services also.
If it only did shares (and more) on the ASX, l would be in.
UH OH
hope that does not make my sanity doubtable alsolol
i know what you are thinking, that point doesnt exist on the chart. do you remember that crazy last 3 minutes of trade, ....... well noted though my friend
hehe ive been in my underwear a few timesi know what its like too.
i didnt even have underwear after they went into a trading halt the day i wanted to sell.
all good ---
just needed to confirm the reason for the anomaly, cause the numbers were obviously conflicting with the chart ----- that was the info i was after .... now cleared up
no underwear at all :22_yikes: ----- bummer :arsch:
Nice screenshot ivant. Send that off to the mag "Smart investor" and they'd use that as a centerfold spread.
Theres a snippit of your running profit and loss. Its a bit cut off. Maybe you've never closed a losing trade and its actually running at A$ -1,140,000.00
oh my friend, i think mr livermoore would laugh at my MM haha. what i said and showed is only numbers. whats that famous phrase, that you find on all hedge funds and ponzi schemes: past results are not indicative of future returns? i dont know anywhere near as much about the markets as id hope, and i am nowhere near good enough to pick perfect bottoms. in that trade i was going long right about where the market started dropping. what saved me was position sizing. van tharps favourite thinglets hope the shorts come through in the next few weeks. what are your targets? think we can get a retest in this move or is it seeming it will be closer to october?
I resemble that remark !!
Hey "Ive" ----- personally it doesnt worry me whether you made a squillion or not, and if you have, brilliant, ---- i gotta be honest; i'm still a "bit" skeptical though, sorry mate, but with the sort of claims you have made you gotta expect that -- but that doesnt mean i dont like your style !!
what scares me the most (or in the case that your claims are true, what interests me the most) is that i have a few of your habits (except the one where you risk 100% on a tradeie scaling into positions around the top/bottom of a perceived reversal etc ----
TH has shown us all that he can turn 2 grand into 20 grand when he gets in the zone (and thats on his "play" account lol ), so your claims from a monetary % are actually believable --
I'm seriously not trying to rain on your parade on a personal level, but the average punter doesnt need to be given any info that could be considered dodgy, cause it could end up costing them their shirt if you get my drift --- and believe me i know what its like to lose my shirt --- and i dont look good in underwear !!!
I havent been through many of the trades you pasted up (im not that pedantic) , but this one i'm having a little trouble with
DEAL Closing trades 23/12/08 BSWQ77AC Australia 200 Cash (A$5 Mini Contract) - 3500 A$ +5 3791.5 A$7,287.50
opened long at 3500 (whatever date) and closed at 3791.50 on the 23/12/08 correct ??
M8, if i'm missing something, i apologise, but as i say, you have to accept skepticicity (i made that up) when making big claims
Cheers.
Having a exit only on a trailing stop loss policy seems to be the go.
Not really
You buy 100 $5 shares ($500)
They go to $10 each ($1000)
You sell off 50 shares @ $10 each and get your $500 back
You now have 50 shares and your initial capital back to trade aonther lot of shares
You are not understanding that you are lowering your risk. Even though the potential profit is smaller, your risk is 0. If the shares fall back to $5 you get 10*50 + 5*50 = $750. If you are holding the whole lot and they fall back to $5 you get 100*50 = $500. (of course they would't go all the way back because you'd be using a stop... but you are still in front if you sell half your position).
Think about it like this. Would you argue pyramiding positions is bad? By your argument you'd say it's not good because the potential profit is larger if you don't pyramid and instead you just buy the whole position in one lot. But with pyramiding the risk is alot lower.
Ideally, you want to be trading with the lowest risk for the highest reward. If you sell half your position, you achive that.
Brad
im still young and aggressive so i trade big. i can afford being wiped out a few more times. meanwhile im up 250 fold for the year. but as i said i risk a lot!
in fact i try to have a 90% chance of winning a trade.. so overall the risk is a little hard to calculate...
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