10p Gold Limits Stops Averaging Bad Trades & not Giving a Flying *** About Convention

This is a discussion on 10p Gold Limits Stops Averaging Bad Trades & not Giving a Flying *** About Convention within the Trading Journals forums, part of the Reception category; It's about time I sullied the journals section so here goes. To set the ball rolling here are the last ...

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Old Dec 11, 2009, 3:35am   #1
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10p Gold Limits Stops Averaging Bad Trades & not Giving a Flying *** About Convention

It's about time I sullied the journals section so here goes.
To set the ball rolling here are the last 2 days results.
Don't worry if you don't understand what i'm doing...cos I don't know either
There are no rules. Make it up as we go.
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Old Dec 11, 2009, 9:59am   #2
 
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Re: 10p Gold Limits Stops Averaging Bad Trades & not Giving a Flying *** About Conven

"Don't worry if you don't understand what i'm doing...cos I don't know either
There are no rules. Make it up as we go. "

Are you looking for a career in politics?
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Old Dec 11, 2009, 1:59pm   #3
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Re: 10p Gold Limits Stops Averaging Bad Trades & not Giving a Flying *** About Conven

counter_violent started this thread Politics hmmmmm.
I wouldn't want to belong to any club that would have me as a member!

Ok starting balance on account was £110.57
Gains so far £64.70
Overnight charges (0.24)
New balance £171.03
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Old Dec 11, 2009, 10:28pm   #4
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Re: 10p Gold Limits Stops Averaging Bad Trades & not Giving a Flying *** About Conven

counter_violent started this thread Earlier in todays session booked 3 more winners.
£6.10
£4.00
£4.00

3 trades remain open over the weekend, all underwater, so I will work those on monday.

to be continued........
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Old Dec 14, 2009, 11:52pm   #5
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Re: 10p Gold Limits Stops Averaging Bad Trades & not Giving a Flying *** About Conven

counter_violent started this thread One winner added today £ 8.50
Over weekend charges 3 positions (75)
Overnight charge 3 positions (24)

New balance £192.64

Of the 3 positions open 2 are in profit but limits are not yet hit.
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Old Dec 15, 2009, 1:37am   #6
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Re: 10p Gold Limits Stops Averaging Bad Trades & not Giving a Flying *** About Conven

counter_violent started this thread From another Journal posted by B S
-------------------------------------------------------------------------------------------------------
Mods Mods..there's a nasty man who got a bit shouty when he found me out... Anyhow bud, just checked out the ten pence gold thread, what can I say but huge respect! and I also believe the younger generation often say "You Da Man", or is that 90's speak...I lose track?

Now that's how you keep a journal, clarity, brevity...but where's your fooking charts, we supposed to take those 3 quid gains on trust? Pffttt!!
--------------------------------------------------------------------------------------------------------

U want charts...he posted no2


OK charts...i'll give ya charts then...current and going forwards...when a trade or trades are closed...the lines will disappear leaving only open trades as they stand or new trades added.

Bear in mind...if i'm long then I can only open longs...if short only shorts. It's one way management only...but I expressly reserve the right to make up any new rules i fffing well like at a mins notice or sooner whichever occurs first.

Was that "clar"and"brev" enough for you.
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Old Dec 15, 2009, 4:16am   #7
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Re: 10p Gold Limits Stops Averaging Bad Trades & not Giving a Flying *** About Conven

counter_violent started this thread 120 point winner @10p just filled @ $1128.50 £12.00

Starting balance on account. £110.57
Gains so far.....................£ 94.07
New balance on closed trades £204.64

Trade Tally
Wins... 12
Losses.. 0
Open.... 2
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Last edited by counter_violent; Dec 15, 2009 at 4:39am.
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Old Dec 15, 2009, 10:23am   #8
 
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Re: 10p Gold Limits Stops Averaging Bad Trades & not Giving a Flying *** About Conven

What's the balance including the open trades?
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Old Dec 15, 2009, 12:54pm   #9
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Re: 10p Gold Limits Stops Averaging Bad Trades & not Giving a Flying *** About Conven

counter_violent started this thread
Quote:
Originally Posted by arabianights View Post
What's the balance including the open trades?
Morning mr nights

Just opened a 3rd position @ $1114.50
Combined underwater to the tune of (26.00)
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Old Dec 15, 2009, 4:33pm   #10
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Re: 10p Gold Limits Stops Averaging Bad Trades & not Giving a Flying *** About Conven

counter_violent started this thread 3rd position closed @ $1126.50 for anther 120 point £12.00 winner.
2 positions remain open.
to be continued.....full update later.
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Old Dec 15, 2009, 7:52pm   #11
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Re: 10p Gold Limits Stops Averaging Bad Trades & not Giving a Flying *** About Conven

counter_violent started this thread Not many voted in the poll.
Perhaps I should add another option....I don't know the answer
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Old Dec 15, 2009, 8:00pm   #12
 
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Re: 10p Gold Limits Stops Averaging Bad Trades & not Giving a Flying *** About Conven

Quote:
Originally Posted by counter_violent View Post
Not many voted in the poll.
Perhaps I should add another option....I don't know the answer
without knowing the context of the trades, and reasoning for them, its difficult to make any judgement.

good trades so far. I thought you were trying to show that big/no stops were better than small stops.
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Old Dec 15, 2009, 9:32pm   #13
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Re: 10p Gold Limits Stops Averaging Bad Trades & not Giving a Flying *** About Conven

Quote:
Originally Posted by trendie View Post
without knowing the context of the trades, and reasoning for them, its difficult to make any judgement.

good trades so far. I thought you were trying to show that big/no stops were better than small stops.
Hi c_v,
Yes, I agree with trendie, background info' in terms of what you're doing is a tad thin on the ground! I thought it was one of those trader_dante type threads in which you try to run up a very small account quite quickly, just for the fun of it. Anyway, regardless of the method and the objective - you seem to be doing great. So, well done and long may it last!
Tim.
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Old Dec 16, 2009, 12:20am   #14
 
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Re: 10p Gold Limits Stops Averaging Bad Trades & not Giving a Flying *** About Conven

I thought it was a spanish (but minus ego and plus brain) thread showing you could be profitable with random entries with expandable stops.
Richard

PS This is likley to be profitable as long as you do the opposite of most of the normal beliefs (i.e. myths) of trading.
Making up the rules as you go along should help a tad too.
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Old Dec 16, 2009, 12:46am   #15
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Re: 10p Gold Limits Stops Averaging Bad Trades & not Giving a Flying *** About Conven

I voted; check out the link (under the photo) for a funny photo of Mc Cain/Palin, it's for real

Click the image to open in full size.


http://www.localphotoratings.com/fun..._for_obama.jpg
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