dummyacct Discussion

the numbers on myfxbook are not correct, i have made a comment about this in the suggestions box section of this forum.

drawdown shows 0.00%, this is absolutely not correct.

equity on my user's page chart also shows the equity down, but my equity is actually up, i dont get it.

i dont know exactly what the real drawdown numbers are, but i believe that this account saw somewhere in the ballpark of a 50% drawdown.

guesstimated target profit on this current position is somewhere in the range of 50% to 75% of balance.

it would be nice if i could find some person that is reliable to run an autoshutdown routine on this account for me.

but it is not the nature of the majority of traders to do anything unless it benefits them and only them.

oh well.

anyways, target profit is somewhere in the area of 50% to 75% of balance.

my trading group is going to be very strong.

my trading will come to be regarded as a trading mafia.

my trading assistants will be paid more than am i paid.

my trading assistants will not be referred to as assistants, but instead they will be thought of as my adjutants.

my intentions are as i say.

onward and forward,

zzzero/.

Broker: https://ibfx.com.au
Platform: metatrader
Server:IBFXAU-MT4-ID01 - IBFX Australia Pty Ltd
Login: 10048218
InvestorPassword: 5oyebrd (read only password)

<b>Reminiscences of a Stock Operator - Stock Trading Strategy

In a series of interviews with 'Lawrence Livingstone' (a pseudonym for Jesse Livermore) the financial journalist Edwin Lefèvre got to the heart of the strategy and psychology of a master stock market trader. Lefèvre published his interviews in Reminiscences of a Stock Operator. Interviews with Livermore were highly prized because, as far as his market activities were concerned, Livermore was a secretive loner.

The purpose of this site is to discuss and analyze Livermore's experiences and strategies in order to provide useful information for today's novice traders.

To give you a brief taste of where we will go, here are some comments from Jesse Livermore himself:

'The game of speculation is the most uniformly fascinating game in the world. But it is not a game for the stupid, the mentally lazy, the man of inferior emotional balance, or for the get-rich-quick adventurer. They will die poor.'

'...the fruits of your success will be in direct ratio to the honesty and sincerity of your own effort in keeping your own records, doing your own thinking, and reaching your own conclusions.'

'There is nothing new in Wall Street. There can't be because speculation is as old as the hills. Whatever happens in the stock market today has happened before and will happen again.'

'There are times when money can be made investing and speculating in stocks, but money cannot consistently be made trading every day or every week during the year. Only the foolhardy will try it. It just is not in the cards and cannot be done.'

'The point is not so much to buy as cheap as possible or go short at top price, but to buy or sell at the right time.'

'I am tired of hearing the public and papers blame Wall Street for parting fools from their money... It's the successful business man who is the biggest sucker of the lot. He has made a fortune in his own line. How? By being on the job for years; by learning all there was to know about it; by taking reasonable chances; by utilizing his knowledge and experience to anticipate probabilities. He wants to increase that fortune at a faster rate and with less effort.'

'It took me five years to learn to play the game intelligently enough to make big money when I was right.'

'Speculation is far too exciting. Most people who speculate hound the brokerage offices... the ticker is always on their minds. They are so engrossed with the minor ups and downs, they miss the big movements.'

jesse livermore
</b>

my work is coming together.

even to me, this is becoming a very tiresome project.

discouraged is a very common mood for me lately.

but i have these numbers, if you understood them, if you were to see them, you would understand my enthuisiasm for them.

these numbers are the foundation of a very strong arbitrage system.

i will make back my losses in a blink.

it is only a matter of time.

the core of any successful trading business is the trading system itself.

without this, i have nothing.

it is my focus to build a very strong arbitrage trading group.

i will be there shortly.

i will manage a thousand times the combined deposits in all accounts tracked here at myfxbook.

i will be there shortly.

zzzero/.

'My feelings as a Christian points me to my Lord and Savior as a fighter. It points me to the man who once in loneliness, surrounded by a few followers, recognized these Jews for what they were and summoned men to fight against them and who, God's truth! was greatest not as a sufferer but as a fighter. In boundless love as a Christian and as a man I read through the passage which tells us how the Lord at last rose in His might and seized the scourge to drive out of the Temple the brood of vipers and adders. How terrific was His fight for the world against the Jewish poison. To-day, after two thousand years, with deepest emotion I recognize more profoundly than ever before the fact that it was for this that He had to shed His blood upon the Cross. As a Christian I have no duty to allow myself to be cheated, but I have the duty to be a fighter for truth and justice... And if there is anything which could demonstrate that we are acting rightly it is the distress that daily grows. For as a Christian I have also a duty to my own people.

-Adolf Hitler, in a speech on 12 April 1922 (Norman H. Baynes, ed. The Speeches of Adolf Hitler, April 1922-August 1939, Vol. 1 of 2, pp. 19-20, Oxford University Press, 1942)

A man does not die for something which he himself does not believe in.

-Adolf Hitler