Lee Shepherd's Trading Diary

cablemonster

Experienced member
1,370 257
No biggie. Just warranted explaining why you were on another website charging 299pm for your system. I dont think it was an unreasonable to ask.
 

D70

Established member
839 195
Sorry mate, I'm going to refrain by describing it as anything other than me trading. If I start to describe it I will have all and sundry on here disputing the situation and how it cant be done blah blah blah. The truth is, what I do can be done and is done and makes enough money to live on and grow a pot for emergencies.

I post regular live trades and live statements, charts, bank statements etc and everything else and have done for years. Before anyone says why aren't you a billionaire by compounding I'll say this, p1ss of and come back when you've got there, tried it and bought the t-shirt. It really isn't that simple unfortunately otherwise every trader in the world would be a billionaire. I know of no one else that is this transparent - not even vendors.
I only do this when I am in a giving mood or I feel someone is close and trying hard but not yet their. Needless to say they are few and far between.

If you ask why I do it. The answer is sometimes in life we all like to give a little back from time to time. When I have the inclination and energy I may post a little more.

I am also transparent as it casts off doubters, put it this way, I don't see anyone else doing the same and therefore if they dont do the same they are certainly not in the position to ask more of me.

If you have read the posts from old and new and sincerely need help with trading (profitably) then drop me a line on skype and I'll see what I can do, I never promise anything but then again I don't charge either, so you can take it or leave it. Most just want to stir up sh1t for lulz as appose to genuinely making money.

Cheers,
Lee
Thanks,. I'll try to catch you on skype.
 

Lee Shepherd

Senior member
2,164 570
I'm looking at getting to London soon for a catch up with some like minded people and a good few drinks. I'll be looking to attend one of the IG seminars for a bit of fun then on to a few pubs to drink the night away then a curry - I'm staying out so no limit to time. This will be around IG main building (EC4R postcode area). If anyone is interested in meeting up then let me know. You can be a newbie looking for a laugh or an experienced trader wanting to let loose. Failing that you may be an old or new friend on here that fancies putting a face to a name (although I have a mug shot already).

Anyway, just to keep the journal up to date as best I can but more importantly showing my hand (as best I can), see the following attached for last months trades (30 days)

Total trades = 14

Wins = 8 @ £6,549.84 average of £818.73
Losses = 6 @ £3,047.67 average of £507.95

Biggest win = £2,615.99
Biggest loss = £1,367.51

Win rate = 57%
Trade ratio = 1:1.3 R/R
Monetary ratio = 2.14

Net = £3,502.17

Unfortunately I cannot be as transparent as I would like to be so same as usual I'm afraid when it comes to screenshots - a lot of the data has been removed as the levels are still in play - Sorry.

I've already got some trades stacked for this coming month but as yet have not hit the exit areas so are still in play. NB: These could still produce a small loss as most are not locked in yet for profit.

PS: the last lot of trades is on here somewhere but was not posted in my journal. If you're interested you'll have to search through my posts - there's not many these days though.

Cheers,

Lee Shepherd
 

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tar

Legendary member
10,441 1,309
Hi Lee , i've noticed in the open positions panel you have multiple positions with the same price ( closing/current ) , do you average down/scale in in your trades ?
 

tar

Legendary member
10,441 1,309
yes :LOL:

I get your points that's why i asked : do you average down/scale in , ofcourse the devil is in the details : where's the stop , size , risk ... etc .


I've read your reply b4 you delete it .

Thanks .
 
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Lee Shepherd

Senior member
2,164 570
I'm not going to do any running commentary about how I did this and how I did that nor will I comment on how I did what I did when I did. I’ll just put it down to being lucky, the bottom line is just that, the bottom line and that’s all that matters. I think most of us are pretty bored of hearing what’s what etc, especially when we have our own trades to concern us about. Statements speak for themselves so I have posted mine for reference.

Keeping the journal up to date as best I can but more importantly showing my hand (as best I can), see the following attached for last month’s trades – to keep in with last statement it is dated from 28th March through to and including 30th April 2013.

Total trades = 22

Wins = 14 @ £9,096.28 average of £649.73
Losses = 8 @ £3,559.43 average of £444.93

Biggest win = £2,231.04
Biggest loss = £824.19

Win rate = 63%
Trade ratio = 1:1.75 R/R
Monetary ratio = 2.55

Net = £5,536.85

PS: Don’t forget to take out or the black swan will fly away with it all

Unfortunately I cannot be as transparent as I would like to be so same as usual I'm afraid when it comes to screenshots - a lot of the data has been removed as certain levels may still be in play.

I've already got some trades built up and stacked for this coming month but as yet have not hit the exit areas so are still in play. NB: These could still produce a loss as most are not locked in yet for profit, although most are locked in for a small loss and/or break even.

PPS: I am expecting drawdowns in June so that will be a good month to see how losses in particular are handled. Although not yet set the drawdowns are expected to be as potentially high as £2k, this is due to the stop areas I have set for the target markets in play.

Lets see what this month brings and always remember that today's trade could be the start of a potential bad run that wipes us out. Having this in mind should help to keep the feet grounded at all times.

Cheers,

Lee Shepherd
 

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robster970

Veteren member
4,566 1,389
When are we going out in town Lee? CV & Cablemonster are interested although CV might have to pull out at short notice given the nature of his non-trading work.
 
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Lee Shepherd

Senior member
2,164 570
When are we going out in town Lee? CV & Cablemonster are interested although CV might have to pull out at short notice given the nature of his non-trading work.
Hiya Rob,

I'll post up a thread about a meet up in London soon and see if we can get a decent group together, normally a lot of people say they'll go then don't turn up, I don't want to be the lonely guy at the bar paying for party girls to keep me company. Just looking round for some hostel I can stay at, so far the cheapest I've found is £30 a night.

Lee
 

Dinos

Veteren member
4,112 713
Hi Lee, London's a drag away for me, however, a night away from here sounds good and maybe wahts the doctors ordered, Let me know if you organise one, and I will head south for the night. Cheers mate.

Rob
 
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robster970

Veteren member
4,566 1,389
Yeah sod that !

:idea: We could all pile round Robs :LOL:
and he does a mean baby elephant salad!
Jesus CV - I forgot about that. Wasn't that the same week I invented the Chicken Tikka Masala and thought I was a culinary genius?

Incidentally the Mrs and kids are off again this summer for 4 weeks this time so christ knows what I will end up cooking......

@Lee - £6k profit cleared for last month and you'll only pony up £30 for a fleapit :whistling
 

cablemonster

Experienced member
1,370 257
Hiya Rob,

I'll post up a thread about a meet up in London soon and see if we can get a decent group together, normally a lot of people say they'll go then don't turn up, I don't want to be the lonely guy at the bar paying for party girls to keep me company. Just looking round for some hostel I can stay at, so far the cheapest I've found is £30 a night.

Lee
You could always get a ropey B&B in Paddington for £50. I am sure you can top and tail with CV.:LOL:
 
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DionysusToast

Legendary member
5,963 1,498
Jesus CV - I forgot about that. Wasn't that the same week I invented the Chicken Tikka Masala and thought I was a culinary genius?

Incidentally the Mrs and kids are off again this summer for 4 weeks this time so christ knows what I will end up cooking......

@Lee - £6k profit cleared for last month and you'll only pony up £30 for a fleapit :whistling

Guys - come to Bangkok - Robs wife is away so he can swing it. C_V can claim to be in Scotland. For other, I am sure we can think of something.