[center][blink]Very Nice Video Ray! very nice... there must bea balance...[/blink][/center]
Ray's amnesty page
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 15
Re: Ray's amnesty page
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
-
wiseambitions
- AIMSter
- Posts: 1127
- Joined: 17 Sep 2012, 21:36
- 13
Re: Ray's amnesty page
Thanks Immy.
I also read an article which says happiness is governed by expectations. And the application of that to trading I think is to set realistic goals. If we set impossible goals, then I suppose it's obvious!
By BEN SPENCER
PUBLISHED: 20:02, 4 August 2014 | UPDATED: 20:37, 4 August 2014
The secret of happiness may be to not expect too much from life.
For if you start off with low expectations you could end up pleasantly surprised, according to a scientific study into human happiness.
British scientists found that day-to-day wellbeing does not reflect how well things are going, but whether things are going better than expected.
The secret of happiness may be to not expect too much from life. For if you start off with low expectations you could end up pleasantly surprised, according to a scientific study into human happiness.
The ‘ebb and flow’ of mental happiness - the way our mood shifts moment-to-moment - is profoundly impacted by our expectations of life, they suggest.
Dr Robb Rutledge of University College London said his team were surprised to find just how important expectation is.
He said: ‘It is often said that you will be happier if your expectations are lower.
‘We find that there is some truth to this - lower expectations make it more likely that an outcome will exceed those expectations and have a positive impact on happiness.’
But his team of researchers, who tested their theory on 18,000 people, also discovered a converse force affects our mood.
While low expectations can make us happy if they are exceeded later, having high expectations to begin with make us happy earlier.
Scientists found that day-to-day wellbeing does not reflects whether things are going better than expected. They also discovered that expectations affect happiness before an outcome is certain. For instance, going to a friend's favourite restaurant (illustrated) with positive expectations can instantly lift someone's mood
Scientists found that day-to-day wellbeing does not reflects whether things are going better than expected. They also discovered that expectations affect happiness before an outcome is certain. For instance, going to a friend's favourite restaurant (illustrated) with positive expectations can instantly lift someone's mood
KEY FINDINGS OF THE STUDY
British scientists found that day-to-day wellbeing does not reflect how well things are going, but whether things are going better than expected.
Lower expectations make it more likely that an outcome will exceed those expectations and have a positive impact on happiness.
While low expectations can make us happy if they are exceeded later, having high expectations to begin with make us happy earlier, the found.
Expectations also affect happiness even before we learn the outcome of a decision.
Dr Rutledge said: ‘Expectations also affect happiness even before we learn the outcome of a decision.
‘If you have plans to meet a friend at your favourite restaurant, those positive expectations may increase your happiness as soon as you make the plan.’
His team combined the contrasting aspects of expectation and its impact on happiness and wrote it into an equation, which they discovered accurately predicted people’s happiness.
The equation accurately predicts how happy people will say they are based on recent events.
The formula, published in the Proceedings of the National Academy of Sciences, was put together by studying 26 people who completed a decision-making task in which their choices led to monetary gains and losses.
They were repeatedly asked how happy they were, and their brain activity was measured using MRI scans.
The scientists used the data to build a computer model, which was tested on 18,420 people using a smartphone app.
The results confirmed that people who started off with lower expectations were happier when they had better results.
The authors wrote: ‘Conscious emotional feelings, such as momentary happiness, are core to the ebb and flow of human mental experience.
‘Our computational model suggests momentary happiness is a state that reflects not how well things are going but instead whether things are going better than expected.
‘This includes positive and negative expectations, even in the absence of outcomes.’
Read more: http://www.dailymail.co.uk/sciencetech/ ... z39UxTZfXS
I also read an article which says happiness is governed by expectations. And the application of that to trading I think is to set realistic goals. If we set impossible goals, then I suppose it's obvious!
By BEN SPENCER
PUBLISHED: 20:02, 4 August 2014 | UPDATED: 20:37, 4 August 2014
The secret of happiness may be to not expect too much from life.
For if you start off with low expectations you could end up pleasantly surprised, according to a scientific study into human happiness.
British scientists found that day-to-day wellbeing does not reflect how well things are going, but whether things are going better than expected.
The secret of happiness may be to not expect too much from life. For if you start off with low expectations you could end up pleasantly surprised, according to a scientific study into human happiness.
The ‘ebb and flow’ of mental happiness - the way our mood shifts moment-to-moment - is profoundly impacted by our expectations of life, they suggest.
Dr Robb Rutledge of University College London said his team were surprised to find just how important expectation is.
He said: ‘It is often said that you will be happier if your expectations are lower.
‘We find that there is some truth to this - lower expectations make it more likely that an outcome will exceed those expectations and have a positive impact on happiness.’
But his team of researchers, who tested their theory on 18,000 people, also discovered a converse force affects our mood.
While low expectations can make us happy if they are exceeded later, having high expectations to begin with make us happy earlier.
Scientists found that day-to-day wellbeing does not reflects whether things are going better than expected. They also discovered that expectations affect happiness before an outcome is certain. For instance, going to a friend's favourite restaurant (illustrated) with positive expectations can instantly lift someone's mood
Scientists found that day-to-day wellbeing does not reflects whether things are going better than expected. They also discovered that expectations affect happiness before an outcome is certain. For instance, going to a friend's favourite restaurant (illustrated) with positive expectations can instantly lift someone's mood
KEY FINDINGS OF THE STUDY
British scientists found that day-to-day wellbeing does not reflect how well things are going, but whether things are going better than expected.
Lower expectations make it more likely that an outcome will exceed those expectations and have a positive impact on happiness.
While low expectations can make us happy if they are exceeded later, having high expectations to begin with make us happy earlier, the found.
Expectations also affect happiness even before we learn the outcome of a decision.
Dr Rutledge said: ‘Expectations also affect happiness even before we learn the outcome of a decision.
‘If you have plans to meet a friend at your favourite restaurant, those positive expectations may increase your happiness as soon as you make the plan.’
His team combined the contrasting aspects of expectation and its impact on happiness and wrote it into an equation, which they discovered accurately predicted people’s happiness.
The equation accurately predicts how happy people will say they are based on recent events.
The formula, published in the Proceedings of the National Academy of Sciences, was put together by studying 26 people who completed a decision-making task in which their choices led to monetary gains and losses.
They were repeatedly asked how happy they were, and their brain activity was measured using MRI scans.
The scientists used the data to build a computer model, which was tested on 18,420 people using a smartphone app.
The results confirmed that people who started off with lower expectations were happier when they had better results.
The authors wrote: ‘Conscious emotional feelings, such as momentary happiness, are core to the ebb and flow of human mental experience.
‘Our computational model suggests momentary happiness is a state that reflects not how well things are going but instead whether things are going better than expected.
‘This includes positive and negative expectations, even in the absence of outcomes.’
Read more: http://www.dailymail.co.uk/sciencetech/ ... z39UxTZfXS
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."
-
wiseambitions
- AIMSter
- Posts: 1127
- Joined: 17 Sep 2012, 21:36
- 13
Re: Ray's amnesty page
What a week. It has been clattering down (Dax I mean) and increasingly difficult to trust short signals, but as the indicators in higher time frames suggest trend change and every bit of economic and geopolitical news comes out bearish should we be surprised about risk aversion?
For me the most telling part has been I made a loss in terms of pips (attention has been divided) and yet a very positive return on capital. This is all to do with position sizes and proves that pips aren't the most important key performance indicator (KFI).
Meeting up with the gent who 2 years ago first introduced me to Chaos theory, Bill Williams, Profitunity etc later, should be interesting.
For me the most telling part has been I made a loss in terms of pips (attention has been divided) and yet a very positive return on capital. This is all to do with position sizes and proves that pips aren't the most important key performance indicator (KFI).
Meeting up with the gent who 2 years ago first introduced me to Chaos theory, Bill Williams, Profitunity etc later, should be interesting.
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."
-
wiseambitions
- AIMSter
- Posts: 1127
- Joined: 17 Sep 2012, 21:36
- 13
Re: Ray's amnesty page
http://boerse.ard.de/marktberichte/dax- ... xtor=RSS-1
Announcements by Apple will affect Dax Wednesday
I have little understanding of the German and here is more FWIW
Apple vor dem Showdown
Die wichtigste Produktpräsentation seit Jahren steht dem iPhone-Hersteller bevor. Die Apple-Gemeinde erwartet gleich mehrere Coups von Vorstandschef Tim Cook: Den Befreiungsschlag beim iPhone und ein ganz neues Produkt.
Schon bei der Wahl des Veranstaltungsortes wird klar: Apple hat am morgigen Dienstagabend deutscher Zeit einiges vor: Im Flint Theater in Cupertino am Firmensitz des Tech-Giganten hatte Steve Jobs vor 30 Jahren den ersten Mac-Computer vorgestellt. Erstmals wurden damals eine grafische Bedienoberfläche und eine Computermaus dem breiten Publikum nahegebracht.
iWatch muss her!
iWatch-Symbolbild. | Bildquelle: Unternehmen, Montage: boerse.ARD.de
Entsprechend hoch sind die Erwartungen an den Auftritt von Tim Cook, den Nachfolger Jobs' an der Spitze des Apple-Imperiums. Ein Großteil der Hoffnungen für Apple-Jünger und -Aktionäre ruht auf der Einführung eines "Gadgets" für das Handgelenk. Ob das Gerät tatsächlich unter dem Namen "iWatch" laufen wird, darüber streitet sich auch die Fachpresse. Dass es aber eine Apple-Uhr geben wird, dafür spricht einiges. Die "New York Times" hatte Designchef Jony Ive mit den Worten zitiert "die Schweiz hat ein Problem".
Der Markt für Smartwatches lief in den vergangenen Monaten eher schlecht als recht. Zwar hat Samsung bereits mit der "Gear S" ein hochwertiges Gerät im Verkauf, doch das Publikum ist noch nicht recht überzeugt von der Kategrie. Laut dem Computer-Magazin "TechCrunch" könnte es sogar zwei Apple-Smartwatches mit unterschiedlichen Display-Größen und einem flexiblen OLED-Bildschirm geben.
Das iPhone-Imperium schlägt zurück
Apple Flagship-Store in New York. | Bildquelle: picture alliance / dpa
Dass Apple beim neuen iPhone 6 zwei Versionen enthüllen wird, gilt als ausgemachte Sache. Die Bildschirm-Diagonalen von 4,7 und 5,5 Zoll werden in gängige Display-Größen bei Smartphones vorstoßen. Hersteller wie Samsung, LG, HTC oder Huawei bieten solche Ausmaße bereits seit längerem an. Auch das Aussehen des iPhone könnte sich in der sechsten Version gewandelt haben. Experten rechnen mit runderen Formen und hochwertigen Materialien wie Sapphire-Glas. Außerdem soll das neue iPhone technologisch auf dem neuesten Stand sein, eine hochwertigere Kamera bieten und den superschnellen Mobilfunk-Standard LTE unterstützen.
Neues Betriebs- und BezahlsystemApple
Kurs77.08Differenz absolut0.98Differenz relativ+1.28%
In mein Depot
Auf der Software-Seite könnte Apple-Chef Cook ein neues Betriebssystem iOS 8 vorstellen. Interessant dabei wird vor allem sein, ob und inwieweit damit etwa Soft- und Hardware wie etwa Tastaturen fremder Hersteller dabei integriert werden können.
Und nicht zuletzt richtet sich einige Aufmerksamkeit auf ein eigenes Apple-Bezahlsystem. Mit "Apple Pay" werde das iPhone zur Brieftasche, munkeln Branchenkenner bereits. Das Unternehmen habe bereits Vereinbarungen mit den großen Kreditkartenfirmen geschlossen, berichtete Bloomberg vor wenigen Tagen. Per Fingerabdruck könnten dann Zahlungen autorisiert werden.
Aktie in Wartestellung
Die Apple-Aktie wird am Dienstag ab 19 Uhr deutscher Zeit im Takt der Produkt-Vorstellungen über das Börsenparkett rotieren. Der Titel hatte bereits in der vergangenen Woche an der Nasdaq kurzzeitig die magische Marke von 100 Dollar überboten, war dann aber wieder auf derzeit 98 Dollar zurückgefallen. Damit es deutlich über die Schallmauer geht, wird Apple-Chef Cook liefern müssen.
Announcements by Apple will affect Dax Wednesday
I have little understanding of the German and here is more FWIW
Apple vor dem Showdown
Die wichtigste Produktpräsentation seit Jahren steht dem iPhone-Hersteller bevor. Die Apple-Gemeinde erwartet gleich mehrere Coups von Vorstandschef Tim Cook: Den Befreiungsschlag beim iPhone und ein ganz neues Produkt.
Schon bei der Wahl des Veranstaltungsortes wird klar: Apple hat am morgigen Dienstagabend deutscher Zeit einiges vor: Im Flint Theater in Cupertino am Firmensitz des Tech-Giganten hatte Steve Jobs vor 30 Jahren den ersten Mac-Computer vorgestellt. Erstmals wurden damals eine grafische Bedienoberfläche und eine Computermaus dem breiten Publikum nahegebracht.
iWatch muss her!
iWatch-Symbolbild. | Bildquelle: Unternehmen, Montage: boerse.ARD.de
Entsprechend hoch sind die Erwartungen an den Auftritt von Tim Cook, den Nachfolger Jobs' an der Spitze des Apple-Imperiums. Ein Großteil der Hoffnungen für Apple-Jünger und -Aktionäre ruht auf der Einführung eines "Gadgets" für das Handgelenk. Ob das Gerät tatsächlich unter dem Namen "iWatch" laufen wird, darüber streitet sich auch die Fachpresse. Dass es aber eine Apple-Uhr geben wird, dafür spricht einiges. Die "New York Times" hatte Designchef Jony Ive mit den Worten zitiert "die Schweiz hat ein Problem".
Der Markt für Smartwatches lief in den vergangenen Monaten eher schlecht als recht. Zwar hat Samsung bereits mit der "Gear S" ein hochwertiges Gerät im Verkauf, doch das Publikum ist noch nicht recht überzeugt von der Kategrie. Laut dem Computer-Magazin "TechCrunch" könnte es sogar zwei Apple-Smartwatches mit unterschiedlichen Display-Größen und einem flexiblen OLED-Bildschirm geben.
Das iPhone-Imperium schlägt zurück
Apple Flagship-Store in New York. | Bildquelle: picture alliance / dpa
Dass Apple beim neuen iPhone 6 zwei Versionen enthüllen wird, gilt als ausgemachte Sache. Die Bildschirm-Diagonalen von 4,7 und 5,5 Zoll werden in gängige Display-Größen bei Smartphones vorstoßen. Hersteller wie Samsung, LG, HTC oder Huawei bieten solche Ausmaße bereits seit längerem an. Auch das Aussehen des iPhone könnte sich in der sechsten Version gewandelt haben. Experten rechnen mit runderen Formen und hochwertigen Materialien wie Sapphire-Glas. Außerdem soll das neue iPhone technologisch auf dem neuesten Stand sein, eine hochwertigere Kamera bieten und den superschnellen Mobilfunk-Standard LTE unterstützen.
Neues Betriebs- und BezahlsystemApple
In mein Depot
Auf der Software-Seite könnte Apple-Chef Cook ein neues Betriebssystem iOS 8 vorstellen. Interessant dabei wird vor allem sein, ob und inwieweit damit etwa Soft- und Hardware wie etwa Tastaturen fremder Hersteller dabei integriert werden können.
Und nicht zuletzt richtet sich einige Aufmerksamkeit auf ein eigenes Apple-Bezahlsystem. Mit "Apple Pay" werde das iPhone zur Brieftasche, munkeln Branchenkenner bereits. Das Unternehmen habe bereits Vereinbarungen mit den großen Kreditkartenfirmen geschlossen, berichtete Bloomberg vor wenigen Tagen. Per Fingerabdruck könnten dann Zahlungen autorisiert werden.
Aktie in Wartestellung
Die Apple-Aktie wird am Dienstag ab 19 Uhr deutscher Zeit im Takt der Produkt-Vorstellungen über das Börsenparkett rotieren. Der Titel hatte bereits in der vergangenen Woche an der Nasdaq kurzzeitig die magische Marke von 100 Dollar überboten, war dann aber wieder auf derzeit 98 Dollar zurückgefallen. Damit es deutlich über die Schallmauer geht, wird Apple-Chef Cook liefern müssen.
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."
-
wiseambitions
- AIMSter
- Posts: 1127
- Joined: 17 Sep 2012, 21:36
- 13
Re: Ray's amnesty page
This has in terms of % ROC been one of my best ever weeks, well over 25 pc growth on my account, between Monday and Friday, yikes, and in terms of pips, not quite 300, all on Dax and largely incorporating additional resource referred to in my posting of 4 September above.
Deleted
Deleted
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."
-
wiseambitions
- AIMSter
- Posts: 1127
- Joined: 17 Sep 2012, 21:36
- 13
Re: Ray's amnesty page
Due to volatility on the exchanges we have been seeing ADRs of about 300 on Dax in the last week and more.
Big decision on my part was to allow bigger stop losses, and to adjust for higher aims boxes especially on m5 and above seeing as this seems to be the current pattern. How long we will have these crazy swings intraday goodness knows...
It hurt to give away 36 points on one trade Friday, a bit of human error was still involved, but the next one was plus 46 and the day total (for the part I was trading) was 38.1 and the growth in account was over 3.7% so I deemed it all worthwhile
Hopefully 2015 will contain many more 3.7's.............
Good luck to all
Big decision on my part was to allow bigger stop losses, and to adjust for higher aims boxes especially on m5 and above seeing as this seems to be the current pattern. How long we will have these crazy swings intraday goodness knows...
It hurt to give away 36 points on one trade Friday, a bit of human error was still involved, but the next one was plus 46 and the day total (for the part I was trading) was 38.1 and the growth in account was over 3.7% so I deemed it all worthwhile
Hopefully 2015 will contain many more 3.7's.............
Good luck to all
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."
-
wiseambitions
- AIMSter
- Posts: 1127
- Joined: 17 Sep 2012, 21:36
- 13
Re: Ray's amnesty page
In line with Chaos theory:
We have all heard of Einstein. So far the most amazing brain that
ever was, as far as science is concerned. In fact, they have kept his
brain on ice so that maybe someday if better medical knowledge develops further,
they may find out what was the secret of his amazing insight. One day he
was asked: “Do you believe in God?” Do you know what he
answered? He said, “Anybody who is seriously involved in the pursuit of
science must eventually come to the realisation that there is a being manifest
in the universe, with an intellect far greater than that of man, before whom we
can all bow our heads.” Then he was asked the question, “Why? Why
can you say that?” And he said, “I will answer this in one word:
order. There’s order in the universe.” We will leave you to think about that.
We have all heard of Einstein. So far the most amazing brain that
ever was, as far as science is concerned. In fact, they have kept his
brain on ice so that maybe someday if better medical knowledge develops further,
they may find out what was the secret of his amazing insight. One day he
was asked: “Do you believe in God?” Do you know what he
answered? He said, “Anybody who is seriously involved in the pursuit of
science must eventually come to the realisation that there is a being manifest
in the universe, with an intellect far greater than that of man, before whom we
can all bow our heads.” Then he was asked the question, “Why? Why
can you say that?” And he said, “I will answer this in one word:
order. There’s order in the universe.” We will leave you to think about that.
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."
-
wiseambitions
- AIMSter
- Posts: 1127
- Joined: 17 Sep 2012, 21:36
- 13
Re: Ray's amnesty page
Resolution for 2015.
If I EVER increase the stop loss I will have to write notes why and be accountable to my wife.........
Last 25 trades (in the last 3 and a half days) all on Dax yielded 128 pips, (all trades were manual but not all through the Aims or Williams systems), PF 2.11 (room for improvement). Best win 46.7. Worst loss 39.5 (guess what - I had increased the stop). Average result per trade 5.1 pips positive. (acceptable). Average initial stop loss 19pips, at 2% risk, Average %ROI +0.55% per trade (phenomenal).
I may trade beginning of next week but only if I see reasonable volumes, else will wait until January. Finished for today, was going to see my friend "Gold Fingers" for lunch, not an aimster but a highly successful day trader, he can't make today now, but will still meet with another buddy who is a fan of Greg Secker and hear what he's got to say for himself.
If I EVER increase the stop loss I will have to write notes why and be accountable to my wife.........
Last 25 trades (in the last 3 and a half days) all on Dax yielded 128 pips, (all trades were manual but not all through the Aims or Williams systems), PF 2.11 (room for improvement). Best win 46.7. Worst loss 39.5 (guess what - I had increased the stop). Average result per trade 5.1 pips positive. (acceptable). Average initial stop loss 19pips, at 2% risk, Average %ROI +0.55% per trade (phenomenal).
I may trade beginning of next week but only if I see reasonable volumes, else will wait until January. Finished for today, was going to see my friend "Gold Fingers" for lunch, not an aimster but a highly successful day trader, he can't make today now, but will still meet with another buddy who is a fan of Greg Secker and hear what he's got to say for himself.
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."
-
wiseambitions
- AIMSter
- Posts: 1127
- Joined: 17 Sep 2012, 21:36
- 13
Re: Ray's amnesty page
29 December. Conditions the first 3 or 4 hours so far today seem to have been quite good for trading. I have noticed the time between Christmas and New Year has been ok in previous years too.
Traded some Dax this morning, 6 goes. 41.2 net positive pips, I could have done much better, and still suffer from getting out too soon from trades which are running good.
146 pips in the last 25 trades which were taken since the 18th........
I will have to work on the way I reset my stop losses, and if looking at m1, this is my current plan for the next few days, to see how it goes:
Initial 12 pips inc. spread
at plus 5, reset to stop loss of 5
at plus 7 to BE
at plus 10 to plus 3 (might as well have some bonus if stopped out!)
at plus 15 to 8
at plus 20 to 13
at plus 25 to 18
at plus 30 to 24
etc.
Will see how it goes.
Traded some Dax this morning, 6 goes. 41.2 net positive pips, I could have done much better, and still suffer from getting out too soon from trades which are running good.
146 pips in the last 25 trades which were taken since the 18th........
I will have to work on the way I reset my stop losses, and if looking at m1, this is my current plan for the next few days, to see how it goes:
Initial 12 pips inc. spread
at plus 5, reset to stop loss of 5
at plus 7 to BE
at plus 10 to plus 3 (might as well have some bonus if stopped out!)
at plus 15 to 8
at plus 20 to 13
at plus 25 to 18
at plus 30 to 24
etc.
Will see how it goes.
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
Update from meeting with another trader (not Aims nor Bill Williams follower)
Interesting to say that Goldfingers uses a system fairly similar to alligator.
5 12 and 50 EMA
and 89 SMA to show trend - he only trades away from that, just like aims with purple line.
I think the 89 sounds good, seeing it is a fibonacci number. And on a chart it doesnt seem to be far away from the purple line.
(The purple line is roughly a 40 smoothed average, shifted about 20 bars - and smooth moves a lot slower than SMA).
I'm not quite so sure about his kind of alligator, the Bill Williams alligator works with smoothed MAs of 5 and 8 and 13, which are again fibonacci numbers.
There does seem to be something special about fib numbers in the MAs, (as well as in extensions and retracement %), and I would say that the popular 200 MA which every Tom Dick and Harry down Wall Street seems to want to obey is not quite the right thing in fibonacci terms. 233 happens to be a fibonacci number, which I suggest might be better, and I also have some sort of affection for 170 which happens to be 5 times 34 (which is another fibonacci number) on the m1 chart but that's another story. AO relates to 34.
Here's an interesting article about fibonacci numbers in nature. It might sound like whacky stuff but there is beauty in it.
http://www.maths.surrey.ac.uk/hosted-si ... ibnat.html
Interesting to say that Goldfingers uses a system fairly similar to alligator.
5 12 and 50 EMA
and 89 SMA to show trend - he only trades away from that, just like aims with purple line.
I think the 89 sounds good, seeing it is a fibonacci number. And on a chart it doesnt seem to be far away from the purple line.
(The purple line is roughly a 40 smoothed average, shifted about 20 bars - and smooth moves a lot slower than SMA).
I'm not quite so sure about his kind of alligator, the Bill Williams alligator works with smoothed MAs of 5 and 8 and 13, which are again fibonacci numbers.
There does seem to be something special about fib numbers in the MAs, (as well as in extensions and retracement %), and I would say that the popular 200 MA which every Tom Dick and Harry down Wall Street seems to want to obey is not quite the right thing in fibonacci terms. 233 happens to be a fibonacci number, which I suggest might be better, and I also have some sort of affection for 170 which happens to be 5 times 34 (which is another fibonacci number) on the m1 chart but that's another story. AO relates to 34.
Here's an interesting article about fibonacci numbers in nature. It might sound like whacky stuff but there is beauty in it.
http://www.maths.surrey.ac.uk/hosted-si ... ibnat.html
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."