"Just Oil"
May 31, 2011 at 09:17
Will you post your results here. I was just wondering. Here is results that a mutual friend has had on an Oanda contest.
The contest started on May 9, 2011 and the Sharpe Ratio is excellent with almost 25% profit since May 9, 2011.
Details Announcements Membership
Name riskarb vs. 'the hedgers' 2
Summary Additional entries for the riskarb vs. 'the hedger
Administrator Name FxContestCreator
Start Date May-09-2011
End Date July-25-2011
Contest status Started
Recommended contestant level Open to all
Privacy Public contest
Membership Public membership. Details for this contest are open to the public.
No active announcements.
Display Name Number of Trades Volume of Trades (EUR) Maximum Drawdown Sharpe Ratio Portfolio Return (%)
Diamond 42 35,601,644 0.00 0.71 24.41
*Statistics reflect account status as of May-31-2011 00:00
The contest started on May 9, 2011 and the Sharpe Ratio is excellent with almost 25% profit since May 9, 2011.
Details Announcements Membership
Name riskarb vs. 'the hedgers' 2
Summary Additional entries for the riskarb vs. 'the hedger
Administrator Name FxContestCreator
Start Date May-09-2011
End Date July-25-2011
Contest status Started
Recommended contestant level Open to all
Privacy Public contest
Membership Public membership. Details for this contest are open to the public.
No active announcements.
Display Name Number of Trades Volume of Trades (EUR) Maximum Drawdown Sharpe Ratio Portfolio Return (%)
Diamond 42 35,601,644 0.00 0.71 24.41
*Statistics reflect account status as of May-31-2011 00:00
May 31, 2011 at 09:34
No no, I do not participate in contests... My task is to reduce risk now. live account will be relatively small for trading size I need to get better entries with smaller risk. contest just messes psychology which is I do not need. and I think it is senseless.
Jun 01, 2011 at 09:16
something strange. now I cannot open orders with MT4 on my PC. I see that new orders are idle and not active. Tomorrow hopefully will reinstall XP on my PC instead of Windows 7. Nothing is working properly. will be looking for trading opportunities from the office after 9:30 a.m.
Jun 02, 2011 at 22:22
Hi Alanfx 1,
I like trading oil for many reasons.
1. I do not have to watch for opportunities 24 hours a day. I can just trade Numex session and there is a lot of opportunities there.
2. Liquidity like Forex.
3. It moves
4. I always wanted to trade oil after reading about pit traders. Oil unlike Forex is a real thing and the most important one for our civilization. Everything is based on oil.
Thank you for kind words.
I also think I will become an expert after some time.
I like trading oil for many reasons.
1. I do not have to watch for opportunities 24 hours a day. I can just trade Numex session and there is a lot of opportunities there.
2. Liquidity like Forex.
3. It moves
4. I always wanted to trade oil after reading about pit traders. Oil unlike Forex is a real thing and the most important one for our civilization. Everything is based on oil.
Thank you for kind words.
I also think I will become an expert after some time.
Jun 02, 2011 at 22:22
Right now I am off key. Gotta read some psychological stuff this weekend.
I traded back more than a half of yesterday's loss before giving it back. Wanted to trade everything back in one session. it is bad. I need to accept it. as I see I actually 0.1% down today although have no idea why.
I traded back more than a half of yesterday's loss before giving it back. Wanted to trade everything back in one session. it is bad. I need to accept it. as I see I actually 0.1% down today although have no idea why.
Jun 04, 2011 at 16:52
Chikot posted: Right now I am off key.
mr chikot,
we are all off key, at least a little, lol.
i sincerely wish you well in your trading efforts, really i do.
i wonder if you have truly devised a trading system, as in have you laid down a recipe that dictates when you will enter a trade and will you go short or long and how heavy you will trade and at which level will you set your stoploss and takeprofits?
said recipe should be laid out in the form of an actual flowchart, and it must be complete.
said flowchart should be printed out and hung on the wall directly above your computer monitor.
you should also carry a copy of it with you, everywhere you go.
this flowchart should be shown to no person, perhaps not even your closest friend or friends.
walk tall and carry a big stick, that is my rule.
edward/.
