just tardes

darktone

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In this journal I plan to show some of my positions / trades and detail the methodology and thinking behind them. Any reasonable person is free to comment but please try and keep the gifs and memes to a minimum as this is serious business.
Actually, post anything you like :D
 
Although ive many many positions in many many many instruments im gona kick things off with my current foray into wheat (y)

I like short wheat because it pays me some interest if I hold it, so today I added to my existing position of 1300 units. Loading up with another 1300 units for the weekend, my second position for a total size of 2600 units.

Plan the trade, tarde the plan. :smart:

Looking at the weekly chart you could be forgiven for thinking that wheats at the lower end of its cycle and shorts here are a bit of a suckers play. But its not because I think thats its not, and thats all ive really got to say about that.

6099-darktone-albums-general-8-picture5098-wheat.jpg
 
Just puked up half my wheat :whistling.

Now I know that some of you out there might be thinking 'what a fackin wonker'! But I know something you dont know and that theres two good reasons for me closing the second clip of wheat here instead of sticking to my plan. The first reason is that the position went into a bit of profit so try as I might I couldnt help myself but take it, cos im a winner trader see. The second and most prominent reason is that im getting killed in some of my other positions on this acc. Dax in particular, ill go over that one tmrw so I might do it later tonight :)

Please if theres any questions you might like to ask feel free (y)
 
Just puked up half my wheat :whistling.

Now I know that some of you out there might be thinking 'what a fackin wonker'! But I know something you dont know and that theres two good reasons for me closing the second clip of wheat here instead of sticking to my plan. The first reason is that the position went into a bit of profit so try as I might I couldnt help myself but take it, cos im a winner trader see. The second and most prominent reason is that im getting killed in some of my other positions on this acc. Dax in particular, ill go over that one tmrw so I might do it later tonight :)

Please if theres any questions you might like to ask feel free (y)
u need a bigfoot;)
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Just puked up half my wheat :whistling.

Now I know that some of you out there might be thinking 'what a fackin wonker'! But I know something you dont know and that theres two good reasons for me closing the second clip of wheat here instead of sticking to my plan. The first reason is that the position went into a bit of profit so try as I might I couldnt help myself but take it, cos im a winner trader see. The second and most prominent reason is that im getting killed in some of my other positions on this acc. Dax in particular, ill go over that one tmrw so I might do it later tonight :)

Please if theres any questions you might like to ask feel free (y)

I hear the merchants are running wheat up to $6 after they saw your trade... I hope you plan on adding to it all the way up? Those pesky merchants would actually be doing you a massive favour so you may as well take advantage of it
 
I hear the merchants are running wheat up to $6 after they saw your trade... I hope you plan on adding to it all the way up? Those pesky merchants would actually be doing you a massive favour so you may as well take advantage of it

Im sure thats the case brewski. I have them lined up and baited with many many many 0.0074pp bets, almost feel sorry as I maneuver them into my crosshairs. Full commentary will be provided of course in due course with detailed run downs of my view on the play. Gonna grab some more weekend zzzzzz mate, was a frantic afternoon of button pushing yesterday covering anything that showed me a profit. I am a winner only :cool:

Thanks for your support gents (y)
 
Please if theres any questions you might like to ask feel free (y)

Mr Tarder ..Mr Tarder I have a question....Assuming my wheat tard comes good and goes £3 into profit , how then can I convert demo dollars into pounds to spend ? Oanda weren't very helpful when I asked them..in fact they laughed at me...:(
 
Mr Tarder ..Mr Tarder I have a question....Assuming my wheat tard comes good and goes £3 into profit , how then can I convert demo dollars into pounds to spend ? Oanda weren't very helpful when I asked them..in fact they laughed at me...:(
Ah yes mike, I hear its a common problem across the land. My advice to you, especially when going for the big demo 2 real profits as you were, is to cunningly bait your broker with hundreds of tiny tiny bets placed around the last price. Limit orders/stop orders, it doesnt matter much, but this will have a devastating effect on your broker and how they make their prices, and it will send them a clear signal that you are not a tarder to be trifled with!

Hope this helps some (y)
 
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I fully endorse Darktone on his tarding methods, his advice has made me into the man I am today ( no offence to gender neutrals). If you can't make wonga off his daily updates then you ain't tarding it right.
 
So its past time I updated my efforts in dax and wanted kick things off by stating that Brewski is in fact correct. The solution to my dax play lies in bread aka wheat and not trading around dax to improve my lot. I will be planting more winter wheat soon and I may of may not tell you via live call. Got to be a bit more careful these days as theres too many ****ers are keeping an eye on me now.
The joes hoping for my disappearance will be very much disappointed. Firstly they can't imagine my capacity for what is, which is unlimited. Secondly, they are blind to my declared profits that while dwarfed by my unrealized losses in dax alone are still profit, and I am after all a winning trader. Thirdly, they refuse to believe my current 45% annualized yield as having any meaning, I does have meaning, a few guaranteed bucks for lots of market risk! All in all, these people are rather dumb and very confused. One minute they think everything is made up using porkishop, next minute they think it is all demo dollarz, another minute they think it's real and I will lose my shirt. But in the end, I will be the one laughing, providing my prayers come true and the market comes back.

6099-darktone-albums-general-8-picture5190-draw.jpg


Of course, I do have secret sauce ops going on in a side track for a while now and shown occasionally, but id rather not mention it too much in case they also go way the **** offside too. Best to keep posting the winners methinks, and keep those meaningless draws in my pocket, because, I am a winning trader. When alls done and has come to the fruition of bread, is the moment I will be leaving, on a jet plane,,,, dont know when ill be back again...

Happy weekend fellas (y)
 
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I fully endorse Darktone on his tarding methods, his advice has made me into the man I am today ( no offence to gender neutrals). If you can't make wonga off his daily updates then you ain't tarding it right.

Thank you sir, it really does warm my heart to know that my posting here arnt going to waste (y)
 
So its past time I updated my efforts in dax and wanted kick things off by stating that Brewski is in fact correct. The solution to my dax play lies in bread aka wheat and not trading around dax to improve my lot. I will be planting more winter wheat soon and I may of may not tell you via live call. Got to be a bit more careful these days as theres too many ****ers are keeping an eye on me now.
The joes hoping for my disappearance will be very much disappointed. Firstly they can't imagine my capacity for what is, which is unlimited. Secondly, they are blind to my declared profits that while dwarfed by my unrealized losses in dax alone are still profit, and I am after all a winning trader. Thirdly, they refuse to believe my current 45% annualized yield as having any meaning, I does have meaning, a few guaranteed bucks for lots of market risk! All in all, these people are rather dumb and very confused. One minute they think everything is made up using porkishop, next minute they think it is all demo dollarz, another minute they think it's real and I will lose my shirt. But in the end, I will be the one laughing, providing my prayers come true and the market comes back.

6099-darktone-albums-general-8-picture5190-draw.jpg


Of course, I do have secret sauce ops going on in a side track for a while now and shown occasionally, but id rather not mention it too much in case they also go way the **** offside too. Best to keep posting the winners methinks, and keep those meaningless draws in my pocket, because, I am a winning trader. When alls done and has come to the fruition of bread, is the moment I will be leaving, on a jet plane,,,, dont know when ill be back again...

Happy weekend fellas (y)



Autocorrelation between Dax and Wheat charts, I feel the dough is rising.

Thanks for the heads-up.
 
Have you ever thought of hedging your positions by buying and selling everything else available on your platform? That way it would require 10 steam rollers all at once to hurt you rather than just 1.
 
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Have you ever thought of hedging your positions by buying and selling everything else available on your platform? That way it would require 10 steam rollers all at once to hurt you rather than just 1.

This is an interesting concept that I wish to explore more fully. makes sense to me on a fundamental level
 
This is an interesting concept that I wish to explore more fully. makes sense to me on a fundamental level


You can check this using regressive modelling in the time domain, unless obscured by noise, in which case the gauss markov theorem when applied to Wheat/DAX will show standard errors.

Simply apply and underestimate t-scores.
 
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