and here a couple lucky shots
21 tries today. Is that over-trading? PF 2.76 Best +23.7 Worst -12 pips
Ray's amnesty page
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wiseambitions
- AIMSter
- Posts: 1127
- Joined: 17 Sep 2012, 21:36
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Re: Ray's amnesty page
You do not have the required permissions to view the files attached to this post.
I wish more people would come on here to share something on their journals
[center]IF YOU CANT EXPLAIN IT SIMPLY YOU DON'T UNDERSTAND IT WELL ENOUGH (Einstein)
1% daily gain, compounded for 250 trading days, (approximately one year) would produce 1103% account growth[/center]
"Markets reflect the positioning of the sum total of investors – they are not driven by something an individual investor knows that the rest of us don’t, but they do to an extent reflect what investors think other investors are thinking and so can diverge in the shorter term from the economic fundamentals."
[center]IF YOU CANT EXPLAIN IT SIMPLY YOU DON'T UNDERSTAND IT WELL ENOUGH (Einstein)
1% daily gain, compounded for 250 trading days, (approximately one year) would produce 1103% account growth[/center]
"Markets reflect the positioning of the sum total of investors – they are not driven by something an individual investor knows that the rest of us don’t, but they do to an extent reflect what investors think other investors are thinking and so can diverge in the shorter term from the economic fundamentals."
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wiseambitions
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- Posts: 1127
- Joined: 17 Sep 2012, 21:36
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Re: Ray's amnesty page
No surprise here:
http://www.dailymail.co.uk/news/article ... l#comments
It is going to get wild.
The pound has strengthened quite a bit versus the euro in the last week, bolstered by Obama's speech about Britain better in Europe and a swing towards "remain" in the bookmakers. Not that we are here to talk politics.
http://www.dailymail.co.uk/news/article ... l#comments
It is going to get wild.
The pound has strengthened quite a bit versus the euro in the last week, bolstered by Obama's speech about Britain better in Europe and a swing towards "remain" in the bookmakers. Not that we are here to talk politics.
You do not have the required permissions to view the files attached to this post.
I wish more people would come on here to share something on their journals
[center]IF YOU CANT EXPLAIN IT SIMPLY YOU DON'T UNDERSTAND IT WELL ENOUGH (Einstein)
1% daily gain, compounded for 250 trading days, (approximately one year) would produce 1103% account growth[/center]
"Markets reflect the positioning of the sum total of investors – they are not driven by something an individual investor knows that the rest of us don’t, but they do to an extent reflect what investors think other investors are thinking and so can diverge in the shorter term from the economic fundamentals."
[center]IF YOU CANT EXPLAIN IT SIMPLY YOU DON'T UNDERSTAND IT WELL ENOUGH (Einstein)
1% daily gain, compounded for 250 trading days, (approximately one year) would produce 1103% account growth[/center]
"Markets reflect the positioning of the sum total of investors – they are not driven by something an individual investor knows that the rest of us don’t, but they do to an extent reflect what investors think other investors are thinking and so can diverge in the shorter term from the economic fundamentals."
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wiseambitions
- AIMSter
- Posts: 1127
- Joined: 17 Sep 2012, 21:36
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Re: Ray's amnesty page
Baled out with 45, only because I wondered if 10300 (Big round number) would be a support level
Other work beckons now.
Other work beckons now.
You do not have the required permissions to view the files attached to this post.
I wish more people would come on here to share something on their journals
[center]IF YOU CANT EXPLAIN IT SIMPLY YOU DON'T UNDERSTAND IT WELL ENOUGH (Einstein)
1% daily gain, compounded for 250 trading days, (approximately one year) would produce 1103% account growth[/center]
"Markets reflect the positioning of the sum total of investors – they are not driven by something an individual investor knows that the rest of us don’t, but they do to an extent reflect what investors think other investors are thinking and so can diverge in the shorter term from the economic fundamentals."
[center]IF YOU CANT EXPLAIN IT SIMPLY YOU DON'T UNDERSTAND IT WELL ENOUGH (Einstein)
1% daily gain, compounded for 250 trading days, (approximately one year) would produce 1103% account growth[/center]
"Markets reflect the positioning of the sum total of investors – they are not driven by something an individual investor knows that the rest of us don’t, but they do to an extent reflect what investors think other investors are thinking and so can diverge in the shorter term from the economic fundamentals."
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wiseambitions
- AIMSter
- Posts: 1127
- Joined: 17 Sep 2012, 21:36
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Re: Ray's amnesty page
It worked reasonably well today because the range was 177 in trading hours.
Days when I do badly (Dax) are generally days when the thing hardly moves, and shreds me with whipsaw.
10 trades. 60% win rate. 83.1 pips. Best 44.6 Worst -12.5. PF 3.9 ROC 6.50% DD 1.60%
It's all worthwhile when it's like that.
Here's my worst trade. I don't know what I was doing to be quite honest, all I remember is a client was asking me for a mortgage at the time. Some days perhaps we all do silly things?
And here's a thought for the day which I put forward as a hypothesis. "The trades we least want to let go of (with a loss) are the ones we started for wrong reasons".
Days when I do badly (Dax) are generally days when the thing hardly moves, and shreds me with whipsaw.
10 trades. 60% win rate. 83.1 pips. Best 44.6 Worst -12.5. PF 3.9 ROC 6.50% DD 1.60%
It's all worthwhile when it's like that.
Here's my worst trade. I don't know what I was doing to be quite honest, all I remember is a client was asking me for a mortgage at the time. Some days perhaps we all do silly things?
And here's a thought for the day which I put forward as a hypothesis. "The trades we least want to let go of (with a loss) are the ones we started for wrong reasons".
You do not have the required permissions to view the files attached to this post.
I wish more people would come on here to share something on their journals
[center]IF YOU CANT EXPLAIN IT SIMPLY YOU DON'T UNDERSTAND IT WELL ENOUGH (Einstein)
1% daily gain, compounded for 250 trading days, (approximately one year) would produce 1103% account growth[/center]
"Markets reflect the positioning of the sum total of investors – they are not driven by something an individual investor knows that the rest of us don’t, but they do to an extent reflect what investors think other investors are thinking and so can diverge in the shorter term from the economic fundamentals."
[center]IF YOU CANT EXPLAIN IT SIMPLY YOU DON'T UNDERSTAND IT WELL ENOUGH (Einstein)
1% daily gain, compounded for 250 trading days, (approximately one year) would produce 1103% account growth[/center]
"Markets reflect the positioning of the sum total of investors – they are not driven by something an individual investor knows that the rest of us don’t, but they do to an extent reflect what investors think other investors are thinking and so can diverge in the shorter term from the economic fundamentals."
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wiseambitions
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- Posts: 1127
- Joined: 17 Sep 2012, 21:36
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Re: Ray's amnesty page
Seems like I made hard work of it today, but I'm just out of my best trade of the morning after 1 hour and 50 minutes.
I was a bit late getting in.
If it goes on up from here I won't be too upset, I think I got about 45 pips having stayed through what looks like waves 3 4 an 5. (I'm not great on Elliott Waves although Mr Elliott was my great grand father
I was a bit late getting in.
If it goes on up from here I won't be too upset, I think I got about 45 pips having stayed through what looks like waves 3 4 an 5. (I'm not great on Elliott Waves although Mr Elliott was my great grand father
You do not have the required permissions to view the files attached to this post.
I wish more people would come on here to share something on their journals
[center]IF YOU CANT EXPLAIN IT SIMPLY YOU DON'T UNDERSTAND IT WELL ENOUGH (Einstein)
1% daily gain, compounded for 250 trading days, (approximately one year) would produce 1103% account growth[/center]
"Markets reflect the positioning of the sum total of investors – they are not driven by something an individual investor knows that the rest of us don’t, but they do to an extent reflect what investors think other investors are thinking and so can diverge in the shorter term from the economic fundamentals."
[center]IF YOU CANT EXPLAIN IT SIMPLY YOU DON'T UNDERSTAND IT WELL ENOUGH (Einstein)
1% daily gain, compounded for 250 trading days, (approximately one year) would produce 1103% account growth[/center]
"Markets reflect the positioning of the sum total of investors – they are not driven by something an individual investor knows that the rest of us don’t, but they do to an extent reflect what investors think other investors are thinking and so can diverge in the shorter term from the economic fundamentals."
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wiseambitions
- AIMSter
- Posts: 1127
- Joined: 17 Sep 2012, 21:36
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Re: Ray's amnesty page
Ages before it moved much this afternoon. And I eventually decided to try a short trade and let it run for about half an hour until the next visit to the green line. Only 17 pips.
Today 17 trades. 47% win rate. 21.1 pips net. Best +43.1 Worst -16.4 pips. PF 2.1 ROC +4.7% DD -2.60%
Today 17 trades. 47% win rate. 21.1 pips net. Best +43.1 Worst -16.4 pips. PF 2.1 ROC +4.7% DD -2.60%
You do not have the required permissions to view the files attached to this post.
I wish more people would come on here to share something on their journals
[center]IF YOU CANT EXPLAIN IT SIMPLY YOU DON'T UNDERSTAND IT WELL ENOUGH (Einstein)
1% daily gain, compounded for 250 trading days, (approximately one year) would produce 1103% account growth[/center]
"Markets reflect the positioning of the sum total of investors – they are not driven by something an individual investor knows that the rest of us don’t, but they do to an extent reflect what investors think other investors are thinking and so can diverge in the shorter term from the economic fundamentals."
[center]IF YOU CANT EXPLAIN IT SIMPLY YOU DON'T UNDERSTAND IT WELL ENOUGH (Einstein)
1% daily gain, compounded for 250 trading days, (approximately one year) would produce 1103% account growth[/center]
"Markets reflect the positioning of the sum total of investors – they are not driven by something an individual investor knows that the rest of us don’t, but they do to an extent reflect what investors think other investors are thinking and so can diverge in the shorter term from the economic fundamentals."
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zlabis
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- Posts: 533
- Joined: 26 Nov 2013, 08:53
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Re: Ray's amnesty page
Hi Ray,wiseambitions wrote:Seems like I made hard work of it today, but I'm just out of my best trade of the morning after 1 hour and 50 minutes.
I was a bit late getting in.
If it goes on up from here I won't be too upset, I think I got about 45 pips having stayed through what looks like waves 3 4 an 5. (I'm not great on Elliott Waves although Mr Elliott was my great grand father
funny to hear that R. N. Elliott was you great grant father. I know now whom you've got your talent from ;-)
I'm always impressed how you are managing trades and let the winners run. Same with this trade. Do you have a rule which says when to ignore green line and AIMS levels for exits and when not? I'm at the point where I also try to let winners run but keeping the trade during w4 and ignoring the exit signals there is something, I imaging to be difficult as methodical approach. But it's very interesting, espacially if it's sooo clear like in cases like that.
Cheers Michael
"Want what the market wants", Bill M. Williams in "Trading Chaos - Second edition"
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wiseambitions
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- Posts: 1127
- Joined: 17 Sep 2012, 21:36
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Re: Ray's amnesty page
Thanks
I did put a post a couple years ago explaining how some of the Profitunity (Bill Williams' own group) members were doing this, but it is not a technique owned yet by Aims. But the main thing is for me if I watch the gap between price and purple, which tells me on m1 what is happening more slowly in m5. Just as a prompt, put on a new line which is something like 80 moving average using linear not smoothed not simple and not exponential, alternatively 50 using exponential, and stay one side of that line in a long moving trend.
Japan caused today's rot to set in about 0400 BST.
Here are a couple lucky shots, not particularly well disciplined, but I've taken 5% so will only trade low risk for the rest of the day if I even do any more
I did put a post a couple years ago explaining how some of the Profitunity (Bill Williams' own group) members were doing this, but it is not a technique owned yet by Aims. But the main thing is for me if I watch the gap between price and purple, which tells me on m1 what is happening more slowly in m5. Just as a prompt, put on a new line which is something like 80 moving average using linear not smoothed not simple and not exponential, alternatively 50 using exponential, and stay one side of that line in a long moving trend.
Japan caused today's rot to set in about 0400 BST.
Here are a couple lucky shots, not particularly well disciplined, but I've taken 5% so will only trade low risk for the rest of the day if I even do any more
You do not have the required permissions to view the files attached to this post.
I wish more people would come on here to share something on their journals
[center]IF YOU CANT EXPLAIN IT SIMPLY YOU DON'T UNDERSTAND IT WELL ENOUGH (Einstein)
1% daily gain, compounded for 250 trading days, (approximately one year) would produce 1103% account growth[/center]
"Markets reflect the positioning of the sum total of investors – they are not driven by something an individual investor knows that the rest of us don’t, but they do to an extent reflect what investors think other investors are thinking and so can diverge in the shorter term from the economic fundamentals."
[center]IF YOU CANT EXPLAIN IT SIMPLY YOU DON'T UNDERSTAND IT WELL ENOUGH (Einstein)
1% daily gain, compounded for 250 trading days, (approximately one year) would produce 1103% account growth[/center]
"Markets reflect the positioning of the sum total of investors – they are not driven by something an individual investor knows that the rest of us don’t, but they do to an extent reflect what investors think other investors are thinking and so can diverge in the shorter term from the economic fundamentals."
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wiseambitions
- AIMSter
- Posts: 1127
- Joined: 17 Sep 2012, 21:36
- 13
Re: Ray's amnesty page
This afternoon's major recovery would have offered at least 140 pips but I missed the starting signal which was around 1335 BST, 1435 chart time.
Never mind, I had a brilliant morning
14 trades. 50% win rate. 57 pips net. Best +54 Worst -13 pips. PF 2.5 ROC +6.0% DD -2.2%
Here's something inspirational:
Never mind, I had a brilliant morning
14 trades. 50% win rate. 57 pips net. Best +54 Worst -13 pips. PF 2.5 ROC +6.0% DD -2.2%
Here's something inspirational:
You do not have the required permissions to view the files attached to this post.
I wish more people would come on here to share something on their journals
[center]IF YOU CANT EXPLAIN IT SIMPLY YOU DON'T UNDERSTAND IT WELL ENOUGH (Einstein)
1% daily gain, compounded for 250 trading days, (approximately one year) would produce 1103% account growth[/center]
"Markets reflect the positioning of the sum total of investors – they are not driven by something an individual investor knows that the rest of us don’t, but they do to an extent reflect what investors think other investors are thinking and so can diverge in the shorter term from the economic fundamentals."
[center]IF YOU CANT EXPLAIN IT SIMPLY YOU DON'T UNDERSTAND IT WELL ENOUGH (Einstein)
1% daily gain, compounded for 250 trading days, (approximately one year) would produce 1103% account growth[/center]
"Markets reflect the positioning of the sum total of investors – they are not driven by something an individual investor knows that the rest of us don’t, but they do to an extent reflect what investors think other investors are thinking and so can diverge in the shorter term from the economic fundamentals."
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baldeagle
- AIMSter
- Posts: 119
- Joined: 28 Aug 2015, 17:21
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Re: Ray's amnesty page
Ray,
Thanks for the link. I am having trouble separating my emotions from my trades and it is costing me dearly. The FOMC got me yesterday (my fault) and the B of J got me last evening. Terrible. Do you remember approximately what month two years ago you posted the info about Profitunity?
Ed
Thanks for the link. I am having trouble separating my emotions from my trades and it is costing me dearly. The FOMC got me yesterday (my fault) and the B of J got me last evening. Terrible. Do you remember approximately what month two years ago you posted the info about Profitunity?
Ed