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So the portfolio I’ve been running on a small live account has done really well, over 100% return running across 3 algos in the portfolio. Results are great and it’s times to capitalise which is why it’s time to scale up now.. my account doubled to $2000 and I’ve added another $8000 to make
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Actually, I did turn off my bot portfolio when I went to sleep and reactivated it again.. I had it running side by side a demo portfolio also and the demo portfolio returned 100% in the time I was asleep! Shame I didn't leave it runninng on my life account!
Still the two days of trading on the
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So I've been using ChatGPT to do a lot of stuff lately and I saw this calendar view on a forum.. however, I haven't seen one that works for Metatrader so I built my own.. this is a great view don't you think of your trading performance per day? These are the same results I shared previously but I r
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The markets really moved a lot again today and I went long Crude Oil see a 1 hour pin bar off 9500. I got in at 9550 and had my stop at 9480 and was hoping to ride the market to around 9700.
The below shows my entry...
What was annoying is that I got stopped out so close to where the market turned for the higher. It was 9456 so a mere 24 points away... ugh!
So I ended up taking a 60 point loss when it could have been a lovely 150 point winner!
That's the frustration with the mark
November 9, 2011
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There are many times in a traders career where he or she will get to a point where they realise that they are using all sorts of complex and elaborate systems to get in and out of trades only to find that nothing is working or that it takes too much time and effort to do all the analysis. Having too much knowledge and expertise is not necessarily a good thing in trading, one can get something called 'analysis paralysis' where you just confuse yourself with all the knowledge you have and end up d
November 7, 2011
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For those of you in the UK, I found this event which maybe of interest to you.... an opportunity to meet the original Rogue Trader, Nick Leeson. You read about these rogue traders in the news all the time with the recent one being the UBS guy, Kweku Adoboli and previous chap, Kerviel from Societe Generale.
Nick, however, was the original Rogue Trader losing over £800 million in 1995 and bankrupt Barings bank. He was sent to jail for 6 years in Singapore.
A film starrring Ewan McGreg
November 1, 2011
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