Independent Review of WallStreet1928

This is a discussion on Independent Review of WallStreet1928 within the General Trading Chat forums, part of the Reception category; Originally Posted by the hare Here's a hypothetical scenario. You enter a trade with 3 lots You close two lots ...

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Old Dec 2, 2011, 12:31pm   #421
Joined Oct 2008
Re: Independent Review of WallStreet1928

Quote:
Originally Posted by the hare View Post
Here's a hypothetical scenario. You enter a trade with 3 lots

You close two lots at + 40.
You close the remaining lot at + 60

How many pips would you report that as on your website. Its a very simple question. And no I wont read your live calls thread
God is testing my patience .....for the 100th time, please stop asking questions that have already been addressed ?

your scenario would never occur because i always enter 5 contracts, even if for example the market moves higher and never touches 5500 ..i enter at higher price @ 5512 and 5514 ...please see scenario 2 below that explains this !!


my average would be 5502 , 5508, 5506, 5501 ...depending on the market volatility etc etc !!

your question lacks any thought process?

the market rallys to 5540 , 5550 etc etc

I only report the results from my 1st exit hence + 33 points yesterday

them market rally higher and I closed last 1/3 for + 40
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Old Dec 2, 2011, 12:35pm   #422
Joined Oct 2008
Re: Independent Review of WallStreet1928

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Originally Posted by Masquerade View Post
I don't follow..... you wrote:



So how does your example correlate to your trade yesterday when you said you made +33 and you're talking about 2/3 +40 and 1/3 + 60?
again your misunderstanding ???

FTSe was closed 2/3 @ + 33 , last 1/3 + 40

nasdaq last 1/3 closed + 20

hence i reported last 1/3 ftse + nasdaq = + 60 !! ?????


do you understand ?????????

Lord have mercy
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Old Dec 2, 2011, 12:37pm   #423
 
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Re: Independent Review of WallStreet1928

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Originally Posted by wallstreet1928 View Post
again your misunderstanding ???

FTSe was closed 2/3 @ + 33 , last 1/3 + 40

nasdaq last 1/3 closed + 20

hence i reported last 1/3 ftse + nasdaq = + 60 !! ?????


do you understand ?????????

Lord have mercy
No, I actually don't understand. Fortunately there are other people with a superior intellect compared to my miniscule cognitive powers around asking the same questions who might be able to derive an answer and illustrate it in the form of a few numbers for simpletons such as myself.
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Old Dec 2, 2011, 12:38pm   #424
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Re: Independent Review of WallStreet1928

I am a patient man, but this is beyond patience

When beddhist gets angry you know there is something wrong like the clip in anger management !! hahaha
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Old Dec 2, 2011, 12:39pm   #425
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Re: Independent Review of WallStreet1928

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Originally Posted by wallstreet1928 View Post

your scenario would never occur because i always enter 5 contracts,
the market rallys to 5540 , 5550 etc etc

and I closed last 1/3 for + 40
What's 1/3 of 5 contracts in cloud cuckoo land?
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Old Dec 2, 2011, 12:40pm   #426
Joined Oct 2008
Re: Independent Review of WallStreet1928

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Originally Posted by Masquerade View Post
No, I actually don't understand. Fortunately there are other people with a superior intellect compared to my miniscule cognitive powers around asking the same questions who might be able to derive an answer and illustrate it in the form of a few numbers for simpletons such as myself.
my friend ...I give up with you !!

I pray that god raises your intellect

It is friday prayers today so I am off ...take care everyone !!
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Old Dec 2, 2011, 12:41pm   #427
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Re: Independent Review of WallStreet1928

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What's 1/3 of 5 contracts in cloud cuckoo land?
another example of a childish remark

I will pray for you all at friday prayers

May God put love in your hearts and give you peaceful lives
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Old Dec 2, 2011, 12:43pm   #428
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Re: Independent Review of WallStreet1928

Originally Posted by wallstreet1928

your scenario would never occur because i always enter 5 contracts,
the market rallys to 5540 , 5550 etc etc

and I closed last 1/3 for + 40
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Old Dec 2, 2011, 12:45pm   #429
Joined Apr 2006
Re: Independent Review of WallStreet1928

Quote:
Originally Posted by wallstreet1928 View Post

your scenario would never occur because i always enter 5 contracts
Lets assume you open 5 contacts. Presumably you could could close 3 contracts which equates to 60% of your position, or 4 contacts, which equates to 80% of your position, but you cant really close 66.66% unless of course you are trading with a broker who allows you to trade with a totally flexible position size (there are retail brokers who provide this facility for forex markets, but I'm not aware of anyone who provides this for the instruments you trade). However, leaving that obvious discrepency aside.

You enter 5 lots

you close 3 at +40
you close 2 at + 60

how many pips do you consider you made in that situation. Go on, humour me.
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Old Dec 2, 2011, 12:47pm   #430
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Re: Independent Review of WallStreet1928

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Originally Posted by pboyles View Post
Originally Posted by wallstreet1928

your scenario would never occur because i always enter 5 contracts,
the market rallys to 5540 , 5550 etc etc

and I closed last 1/3 for + 40
gentlemen think for a second .............sit back and think what we are arguing over ?

Do you realise we are arguing over where Wallstreet1928 should take his profit ? hahaha

We are not arguing over stop loss etc etc ...we are arguing over whether I should take + 33 or + 40 or + 60 !!

Life is good when you are arguing over profit

argument won ...argument over !!


Happy weekend to all
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