How to win trading & when not to trade (I have 1 month real live record so far)

[tommason]

I have track record u can analyze it if you want.
my approach to day trading is entirely different than most ppl. I trade technical but I am not only looking at technicals. technical analysis alone is not enough!! I can tell u some but not all of my techniques.

my biggest track is only 1 month for May 2010, but 500% return in 1 month not so bad right ?, I start from ~$8300 and net profit of $42,000 (excluding the capital & after fees and commission).

I will post another one for June ,but it wont be as much since I am taking summer 1 class and I will take vacation before end of June, but ill make sure I make net profit of $10,000 or more at least.

I've been trading for 2 years & I always lost at the beginning. sometimes im profitable but other time I lost it all in a week. usually I only make money consistently for the first 2 weeks in a month and lost all of it. BUT now I found out what my mistakes are. This is the first time I'm hugely profitable in a month. I'm pretty confident about this techniques.

 

[dealer911]

Re: How to win trading & when not to trade (I have 1 month real live record so far)

I have track record u can analyze it if you want.
my approach to day trading is entirely different than most ppl. I trade technical but I am not only looking at technicals. technical analysis alone is not enough!! I can tell u some but not all of my techniques.

my biggest track is only 1 month for May 2010, but 500% return in 1 month not so bad right ?, I start from ~$8300 and net profit of $42,000 (excluding the capital & after fees and commission).

I will post another one for June ,but it wont be as much since I am taking summer 1 class and I will take vacation before end of June, but ill make sure I make net profit of $10,000 or more at least.

I've been trading for 2 years & I always lost at the beginning. sometimes im profitable but other time I lost it all in a week. usually I only make money consistently for the first 2 weeks in a month and lost all of it. BUT now I found out what my mistakes are. This is the first time I'm hugely profitable in a month. I'm pretty confident about this techniques.

Could you post your track record on here ..was it real money or demo account ?
Your post reads as if you had 1 profitable month in 2 years ?
'This is the first time I'm hugely profitable in a month.'
I assume you are not selling this method as it clearly would not be worth any money.

 

[redart]

Re: How to win trading & when not to trade (I have 1 month real live record so far)

technical analysis alone is not enough!! I can tell u some but not all of my techniques.
.

Im all ears.

 

[tommason]

Re: How to win trading & when not to trade (I have 1 month real live record so far)

SURE this is real money no bull**** demo account.
I receive my statement in pdf everyday.
I have daily statement and monthly statement for May 2010

I tried to edit the pdf with pdf editor to censor my account number and address for privacy.
.how do i do that ? When i try to edit it, it has password protected stuff before i can edit.
any suggestion ? maybe i can convert it to word and delete my account number and address. thats all my concern.

after that I will post the pdf to everyone.
pls let me know ASAP!

 

[rathcoole_exile]

Re: How to win trading & when not to trade (I have 1 month real live record so far)

so, by your own admission, you've been a loser for 2 years.

you've had 1 lucky month and suddenly you're the King of Traders ??

Dream on !

It would be comical if it weren't so tragic

btw, read Nasser Taleb's "fooled by randomness",
it might help you put your ego back into it's little box where it belongs

 

[shadowninja]

Re: How to win trading & when not to trade (I have 1 month real live record so far)

Don't sit on the fence, now, rath...

 

[DionysusToast]

Re: How to win trading & when not to trade (I have 1 month real live record so far)

btw, read Nasser Taleb's "fooled by randomness",
it might help you put your ego back into it's little box where it belongs

You can read ????

 

[tommason]

Re: How to win trading & when not to trade (I have 1 month real live record so far)

I did not say I am a king of day traders. you misunderstood.
I understand u skeptical but I can show u my statement. day to day profit and loss!
it is not swing trading or longer than that when u get lucky on huge price movement.
its not easy to be lucky day trading when you have to close ur position everyday!
I did close my position more than 99% of the time.
90% of day trader loss.

I've been winning before but my winning streak record is only last for 2 weeks and then i start giving it back to market and keep loosing. and I wonder why that happen. now i just find out what my mistakes so now i can last more than a month and earns way much more than before in a month.and I would like to share.

I dont believe in luck I believe in hard work. thats why i am going to post my next month statement as well because I believe I will be profitable!! even as not much as this month since I have v short summer class & have to study. However I am so confident so i can prove u that its not lucky.

pls help me out with to hide my account number when posting the pdf. any idea?

so, by your own admission, you've been a loser for 2 years.

you've had 1 lucky month and suddenly you're the King of Traders ??

Dream on !

It would be comical if it weren't so tragic

btw, read Nasser Taleb's "fooled by randomness",
it might help you put your ego back into it's little box where it belongs

 

[tommason]

Re: How to win trading & when not to trade (I have 1 month real live record so far)

I admit i've been looser, breakeven and then been losing for 2 yrs b/c i didnt realize my mistake & dont know how market works.Furthermore, my approach was different from those 2 losing yrs. I am not only use technicals, I monitor something else as well.

I wish I am lucky which I am not, because I have huge drawdown when daytrading. but i managed to get positive net P/L before market closing. I understand my execution is not perfect so I average down a lot & take advantage of my buying power.

my commision in a day usually avg $400-$600 range. because I scalp a lot & try to get out asap. nevertheless I tried to make at least $3k after fees& commission.

if you see how many trades I make in a day , you will think that it is not easy to get lucky.

so, by your own admission, you've been a loser for 2 years.

you've had 1 lucky month and suddenly you're the King of Traders ??

Dream on !

It would be comical if it weren't so tragic

btw, read Nasser Taleb's "fooled by randomness",
it might help you put your ego back into it's little box where it belongs

 

[rathcoole_exile]

Re: How to win trading & when not to trade (I have 1 month real live record so far)

Don't sit on the fence, now, rath...

well, you know how shy & retiring and un-opinionated I can be .......:smart:

 

[rathcoole_exile]

Re: How to win trading & when not to trade (I have 1 month real live record so far)

You can read ????

yes, as long as it says 'Tiger", "Beer Lao", or "Magners" on the label, I can read anything !!

 

[rathcoole_exile]

Re: How to win trading & when not to trade (I have 1 month real live record so far)

I wish I am lucky which I am not,

alright pal, i shall rein in any criticisms, lest we fall out, until you've read Nassim Taleb.

Then come back and we'll have a proper debate about the role of luck in your success ......

 

[tommason]

Re: How to win trading & when not to trade (I have 1 month real live record so far)

I was able to post my monthly statement for May 2010 (6pages total). check this pdf attachment!!!! no bull**** no drama, this is straightforward and 100% honest!!

Okay so this is what i can do. I cut paste my statement using ms paint and then paste it into ms word 2007, then cross my account number,address,& name for privacy. then I save it to pdf form using ms word so no one can erase my ink and reveal my acct# & address.

let me know if u guys can see it or not. i will do my best to upload it again.
this is my first time to upload in this forum.

alright pal, i shall rein in any criticisms, lest we fall out, until you've read Nassim Taleb.

Then come back and we'll have a proper debate about the role of luck in your success ......

 

[tommason]

Re: How to win trading & when not to trade (I have 1 month real live record so far)

hey i upload my statement.
u can analyze whatever u want it. I am 100% honest guaranteed!

well, you know how shy & retiring and un-opinionated I can be .......:smart:

 

[tommason]

Re: How to win trading & when not to trade (I have 1 month real live record so far)

I post it. check it out!! I think it is in page 2 of this thread!
its real statement 100% honest

Could you post your track record on here ..was it real money or demo account ?
Your post reads as if you had 1 profitable month in 2 years ?
'This is the first time I'm hugely profitable in a month.'
I assume you are not selling this method as it clearly would not be worth any money.

 

[DionysusToast]

Re: How to win trading & when not to trade (I have 1 month real live record so far)

I post it. check it out!! I think it is in page 2 of this thread!
its real statement 100% honest

Looks real to me - god damn ****ty brokerage account statements... why they have to be so 1970's is beyond me...

To be honest, it looks to me like you did pretty well and the qty of trades does seem to state a case for randomness not being responsible. You are closing out losers, so aren't using the 'spanish stop' that many 'winners' come on here using.

Well - at least we see you have the balls to put up a monthly statement, can't wait to see the non-traders on here pick it apart

 

[tommason]

Re: How to win trading & when not to trade (I have 1 month real live record so far)

Thanks Dionysus Toast. It is real 100% .I am still amazed w/ my crazy return.

I also have the daily statement as well if someone request it but I need to censor my address & acct first.

Ill try to post this June statement as well,but i wont be netting that much since I have 1 month summer school and its end in June. but I am confident to make at least 10k for this June.

Let me know if you have questions,but ill be replying after my next monday midterm.

 

[tommason]

Re: How to win trading & when not to trade (I have 1 month real live record so far)

I Attach my real trading statement for this week (Tuesday-Thursday!!) June check it out! I will post the June 4 which is today's trade tonight since I just finished trading and have not receive the statement yet until ~10PM Central time

ok guys update this week trade (begining JUNE). I just finished my Friday trade today.
so I started to trade on Tuesday since monday was holiday.
I started out with losing ($7600) in Tuesday since I wake up late and force myself to trade close to the closing bell. I was super stupid I admit it. So I recovered those losses within the next 2 days(Wednesday and Thursday) and bring it back to almost break even.I was down from 26k to around 18.4k, then I made it back on next 2 days to almost 26K back.(about only $60 dollar short)
Today I made around ~6600 before commission &fees so I think I will net about ~5800 after all fees and comm, which is my total Net gain this week.

Any critics ,question & opinion are welcomed. I am 100% honest and straightforward. I think nobody post their real broker statement so far. right ?

let me know if u cannot see the file I will upload it again.

 

[shadowninja]

Re: How to win trading & when not to trade (I have 1 month real live record so far)

Ah, Dorman Trading. Trading with Oscar, then?

 

[DionysusToast]

Re: How to win trading & when not to trade (I have 1 month real live record so far)

Just out of interest - what are the margin requirements of your broker - you seem to be able to build up a fairly large position considering the account size.