My trading strategy blows goats... should I change?

[Family_Guy]

Was never my intention to have this drag but its been interesting. Greed is a dirty word. Cheers.

 

[Cartman]

i reckon Ivan is smart enuff to answer for himself, but just a couple of points to ponder ----

i questioned this trade a few posts back and was given a perfectly logical answer to explain it ---- ie rogue spike --- IG reversed the trade etc etc

DEAL Closing trades 23/12/08 BSWQ77AC Australia 200 Cash (A$5 Mini Contract) - 3500 A$ +5 3791.5 A$7,287.50

This is the reversed trade on the same date ----

DEAL Closing trades 23/12/08 GQ54GD Australia 200 Cash (A$5 Mini Contract) - 3791.5 A$ +5 3580 A$-5,287.50

NB. You dont get reversed trades on IG Demo accounts !

Next --- the screen shot ---- stay with me here folks

last trade done on 08/04/09

the third fourth and sixth trades all closed on the 02/04/09 were Oz cash trades entered at either 3171.5 or 3184.5

Those entry levels could not have been entered any later than 10 March

that is 18 Trading days till the 02/04/09 and 21 Trading days up till the last trade date (and doesnt include weekends)

IG Demo accounts are 14 Days only ----

on face value the accounts look real

did he make half a mill?? --- who knows --- but there is over 30 grand of closed profit on the screenshot alone

are the accounts real?? --- they could well be, and if not ----- its a bludy good hoax

i hope Ivan sends a couple of statements in and put us all out of our misery so we can get back to milking the goats !!:sheep: (the goats on holidays ---- thats his mate "Shawn" who thinks he's really Skippy --- is it too early to be drinking !! lol --- only caffeine of course !!

 

[cutz]

Ah,

I've been watching from the sidelines and it's to see some reality return to this thread.

 

[ivant]

Just a quick note, before I answer the past posts, I have sent Prawn my statements, as I really don't want to disclose them publically. Nothing personal, it is not for everyone to see.

On reflection here is what I have noted, and I WILL say this to the public, I have made 400K (395 + 5K that was reversed) and not 550, from a starting stake of 1300. I do apologise about this, but I have not looked at my statements since October. This equates to 307 fold. Sorry for approximations and the mistake in what I did say.

That is a major difference, I realise, and I will blame human tendency to overinflate what one has. Remember the last time you looked at your bank statement. As Dylan Moran said, "You always get disappointed when you do that".

I am glad this post has provided satisfaction to the readers. Hopefully someone has learned something out of it, and hopefully after this is all done and dusted, we can start a post about all the mistakes I have done and advise for no one to follow. Beamstas will have a ball, since he seems to be in the wrong game.

 

[nunthewiser]

Just a quick note, before I answer the past posts, I have sent Prawn my statements, as I really don't want to disclose them publically. Nothing personal, it is not for everyone to see.

On reflection here is what I have noted, and I WILL say this to the public, I have made 400K (395 + 5K that was reversed) and not 550, from a starting stake of 1300. I do apologise about this, but I have not looked at my statements since October. This equates to 307 fold. Sorry for approximations and the mistake in what I did say.

That is a major difference, I realise, and I will blame human tendency to overinflate what one has. Remember the last time you looked at your bank statement. As Dylan Moran said, "You always get disappointed when you do that".

I am glad this post has provided satisfaction to the readers. Hopefully someone has learned something out of it, and hopefully after this is all done and dusted, we can start a post about all the mistakes I have done and advise for no one to follow. Beamstas will have a ball, since he seems to be in the wrong game.

$1300 to $400 k till darn commendable .IF prawn verifies these statements i reckon you should just tell em all to jam sand up there clackers .

well done and i tip my hat sincerely

 

[ivant]

i reckon Ivan is smart enuff to answer for himself, but just a couple of points to ponder ----

i questioned this trade a few posts back and was given a perfectly logical answer to explain it ---- ie rogue spike --- IG reversed the trade etc etc

DEAL Closing trades 23/12/08 BSWQ77AC Australia 200 Cash (A$5 Mini Contract) - 3500 A$ +5 3791.5 A$7,287.50

This is the reversed trade on the same date ----

DEAL Closing trades 23/12/08 GQ54GD Australia 200 Cash (A$5 Mini Contract) - 3791.5 A$ +5 3580 A$-5,287.50

NB. You dont get reversed trades on IG Demo accounts !

Next --- the screen shot ---- stay with me here folks

last trade done on 08/04/09

the third fourth and sixth trades all closed on the 02/04/09 were Oz cash trades entered at either 3171.5 or 3184.5

Those entry levels could not have been entered any later than 10 March

that is 18 Trading days till the 02/04/09 and 21 Trading days up till the last trade date (and doesnt include weekends)

IG Demo accounts are 14 Days only ----

on face value the accounts look real

did he make half a mill?? --- who knows --- but there is over 30 grand of closed profit on the screenshot alone

are the accounts real?? --- they could well be, and if not ----- its a bludy good hoax

i hope Ivan sends a couple of statements in and put us all out of our misery so we can get back to milking the goats !!:sheep: (the goats on holidays ---- thats his mate "Shawn" who thinks he's really Skippy --- is it too early to be drinking !! lol --- only caffeine of course !!

Thanks man, I appreciate it

 

[beamstas]

Beamstas will have a ball, since he seems to be in the wrong game.

What does this even mean?
Something about a game?

Anyway.

If i am wrong, i'll humbly apologise. $1300 to $550k.. whooops 400k is quite a gain.

 

[prawn_86]

Just a quick note, before I answer the past posts, I have sent Prawn my statements, as I really don't want to disclose them publically. Nothing personal, it is not for everyone to see.

And i can confirm that i have seen them and that these claims are correct.

Well done Ivant! But seriously though, you should look at setting some of that aside for your future so you dont blow it all up.

 

[Cartman]

NB. You dont get reversed trades on IG Demo accounts !

Next --- the screen shot ---- stay with me here folks

IG Demo accounts are 14 Days only ----

on face value the accounts look real

the reversed trade was what got me interested !!

the screenshot timeframe kinda confirmed it, although anything is manipulativeable (another of my own words )

Just a quick note, before I answer the past posts, I have sent Prawn my statements, as I really don't want to disclose them publically. Nothing personal, it is not for everyone to see.


That is a major difference, I realise, and I will blame human tendency to overinflate what one has. Remember the last time you looked at your bank statement. As Dylan Moran said, "You always get disappointed when you do that".

well Ive, if you've over inflated 400 K into 550 K, im willing to forgive your exhuberance ---- hell i'll share 400 K with ya anyday !!!

personally, i hope and think you are the real deal
a) cause i kinda went out on a limb to say so and
b)cause i see parallels with my own line of thinking and i'm getting "excited" lol ----
call me Big Kev. i dont care ----

 

[beamstas]

Looks like im dining in tonight.

Well done ivan. You have achieved the unachievable. Over leveraging.. Risking more than your account and still coming out on top.

For you readers out there.. dont try this at home

I commend your efforts, good luck to you in the future with your trading.

Cheers
Brad

 

[nunthewiser]

And i can confirm that i have seen them and that these claims are correct.

Well done Ivant! But seriously though, you should look at setting some of that aside for your future so you dont blow it all up.

LOL nah bugga that m8 i wanna see his claim that he turned 400k into 44 billion next

 

[ivant]

And i can confirm that i have seen them and that these claims are correct.

Well done Ivant! But seriously though, you should look at setting some of that aside for your future so you dont blow it all up.

Thanks a lot . Enough people have told me this over the last few days, for me to engrave it into my brain. Thank you to everyone who DID believe me. I still can't believe I went through the effort to actually prove this. I'm so young and stupid lol. There is something about young age that always wants to make you want to prove something to others. I have no idea why. Maybe inflated levels of testosterone. Furthermore, thanks to everyone who has advised me to put money aside. I think that its actually a very good idea. Lower the trade risk maybe to around 50% overall, and then hopefully to about 10% by middle of next year.

the reversed trade was what got me interested !!

the screenshot timeframe kinda confirmed it, although anything is manipulativeable (another of my own words )




well Ive, if you've over inflated 400 K into 550 K, im willing to forgive your exhuberance ---- hell i'll share 400 K with ya anyday !!!

personally, i hope and think you are the real deal
a) cause i kinda went out on a limb to say so and
b)cause i see parallels with my own line of thinking and i'm getting "excited" lol ----
call me Big Kev. i dont care ----

Hahaha Big Kev haha. Funny. Well its all proved now. You were on the right side

 

[ivant]

Looks like im dining in tonight.

Well done ivan. You have achieved the unachievable. Over leveraging.. Risking more than your account and still coming out on top.

For you readers out there.. dont try this at home

I commend your efforts, good luck to you in the future with your trading.

Cheers
Brad

Thanks Brad. I agree, don't try this at home. It is a lot of stress when you are on a margin call with nothing to pay.

LOL nah bugga that m8 i wanna see his claim that he turned 400k into 44 billion next

Hahaha. 44 billion!! OMG!! Ok, next month?

 

[beamstas]

Can i please add to this thread.. without looking like an asshat even further

Furthermore, thanks to everyone who has advised me to put money aside. I think that its actually a very good idea. Lower the trade risk maybe to around 50% overall, and then hopefully to about 10% by middle of next year.

Ivan. You must know your stuff to have gotten from $1300 to $400,000.
But i'd like to add that most people around here (including me) wouldn't even dream of risking that.
I risk 1% of capital per trade and im sure many others around here are pretty close to the mark too

What is your secret

 

[Trembling Hand]

Ivan if you have a tendency to gamble big - nothing wrong with that.

here's my advice. take out everything except $20,000 and do it again. will satisfy your urge to push things, you can still leverage up but if you blow your account you start again with another $20,000. After you blow it 5 times you will start to think a little differently about your process. And you will still have $300,000 left.

 

[Cartman]

Ivan if you have a tendency to gamble big - nothing wrong with that.

here's my advice. take out everything except $20,000 and do it again. will satisfy your urge to push things, you can still leverage up but if you blow your account you start again with another $20,000. After you blow it 5 times you will start to think a little differently about your process. And you will still have $300,000 left.

funnily enuff TH -- that is exactly what i suggested to Ive in a PM ---- although i said take out 90% which would leave him with --- mmmm ---- 40 grand play money !!!!

cant believe im trying to give advice to someone who turned chicken pellets into solid gold --- lol -----

good onya Ive ---- unbelievable stuff ---- havent felt this happy for someone else in a long time :bananasmi (Big Kev's little brother !!!)

 

[Cartman]

What is your secret

Lol ---- ballz of cryptonite ----

 

[ivant]

Can i please add to this thread.. without looking like an asshat even further



Ivan. You must know your stuff to have gotten from $1300 to $400,000.
But i'd like to add that most people around here (including me) wouldn't even dream of risking that.
I risk 1% of capital per trade and im sure many others around here are pretty close to the mark too

What is your secret

the secret is very simple. It all comes down to your psychology. believe the unbelievable. question everything, like cartman for that matter, and then put your money where your mouth is. its not about how you play the market, its how you play against yourself. its like playing guitar (of which im a big fan), skill and theory is a very small component of sounding good. do i really know my stuff? i think i now am starting to understand how markets work, only recently. the tough months of october and november really rung a bell. i think i just pretended i knew enough to risk everything.

Ivan if you have a tendency to gamble big - nothing wrong with that.

here's my advice. take out everything except $20,000 and do it again. will satisfy your urge to push things, you can still leverage up but if you blow your account you start again with another $20,000. After you blow it 5 times you will start to think a little differently about your process. And you will still have $300,000 left.

I think it is a very very good idea. Cartman suggested 10% just before, and there were other suggestions too! I guess the decision is made for me on this particular idea. I probably won't be doing this just now, because im very high on confidence recently, after a very long few months (since november through to march really, was very very out of it), so its a good time to give it a good shake. ill definitely be betting less once im out of the zone. hopefully i dont jinx myself haha.

funnily enuff TH -- that is exactly what i suggested to Ive in a PM ---- although i said take out 90% which would leave him with --- mmmm ---- 40 grand play money !!!!

cant believe im trying to give advice to someone who turned chicken pellets into solid gold --- lol -----

good onya Ive ---- unbelievable stuff ---- havent felt this happy for someone else in a long time :bananasmi (Big Kev's little brother !!!)

lol, believe me man, i listen to everything and everyone. whether i do particularly act on what someone says, is a different matter (unrelated to this particular idea, because i will do it), and i weigh up the pros and cons. but it is always great to have several people's heads think on an issue, which is why such an open environment for discussion is awesome.

Lol ---- ballz of cryptonite ----

lol, i wish. jadarite

 

[CapnBirdseye]

What I'd like to see Ivant do is to put $398,700 in to the bank/buy gold bullion/whatever and start again. If you get to $400k again, then its time crack open the Dom Perignon.

 

[andrewcim]

I must say, hard to believe, but if it's all true you have obviously found the trading plan we wish we all had. I recently finished a course and still losing money so well done.

If I were you I'd go all out. You obviously have a great win/loss ratio so I'd keep trading the way you are. Like you said, at your age it's the best time to go bankrupt