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Search: Posts Made By: Pedro40
Forum: Trading Journals March 12th, 2015, 09:33 AM
Replies: 977
Views: 143,010
Posted By Pedro40
Welcome back! Wow that direction change...

Welcome back!

Wow that direction change rule is strange. Yes sometimes the market is rangebound and turns 4-5 times. They should allow at least 3 changes, that would still cut down on the...
Forum: Trading Journals January 30th, 2014, 04:12 PM
Replies: 977
Views: 143,010
Posted By Pedro40
I think you should start a blog (so you can link...

I think you should start a blog (so you can link people in the future to it easily, even months or years from now) what would be dedicated to your goal.

But you can mention the stepstones here,...
Forum: Trading Journals January 28th, 2014, 03:45 PM
Replies: 977
Views: 143,010
Posted By Pedro40
So Alex, when are you going to start the blog?

So Alex, when are you going to start the blog?
Forum: Trading Journals January 20th, 2014, 09:13 AM
Replies: 977
Views: 143,010
Posted By Pedro40
Now that is just plain cruel....

Now that is just plain cruel....
Forum: Trading Journals January 18th, 2014, 10:33 AM
Replies: 977
Views: 143,010
Posted By Pedro40
I forgot about that, but of course, this doesn't...

I forgot about that, but of course, this doesn't make any sense. Anyhow you have to work with the rules they have, not with the rules you want....

I guess you have to come up with a strategy...
Forum: Trading Journals January 17th, 2014, 01:59 PM
Replies: 977
Views: 143,010
Posted By Pedro40
Hey Alex, thanks for the journal and for your...

Hey Alex, thanks for the journal and for your honesty. To be constructive about your 2 reasons why you failed:

1. Different markets during the holidays is kind of expected. (less volatility and...
Forum: Trading Journals January 15th, 2014, 09:14 AM
Replies: 977
Views: 143,010
Posted By Pedro40
Do I understand correctly, that you have to make...

Do I understand correctly, that you have to make $511 today so you would be positive by the end of 10 days? Or is it alright to be negative, as long as the days are at least 50-50% win/lose?
...
Forum: Trading Journals November 24th, 2013, 06:20 PM
Replies: 977
Views: 143,010
Posted By Pedro40
This gives insurance for traders/owners. There...

This gives insurance for traders/owners. There are thousands like you with this sentiment and that gives a safety pillow and doesn't let the price fall too much. That is why it is bouncing like a...
Forum: Trading Journals November 24th, 2013, 07:01 AM
Replies: 977
Views: 143,010
Posted By Pedro40
One guy on reddit said his 1st generation ASIC...

One guy on reddit said his 1st generation ASIC miner's energy consumption for 1 coin is $49. That is pretty damn high and since ASIC miners are rather new and actually energy efficient, that means...
Forum: Trading Journals November 23rd, 2013, 08:05 PM
Replies: 977
Views: 143,010
Posted By Pedro40
You said in that debate, that bitcoin's intrinsic...

You said in that debate, that bitcoin's intrinsic value is the cost of electricity for mining. That doesn't count for the ability to quickly and cheaply transfer money to anywhere. but anyway, I read...
Forum: Trading Journals November 11th, 2013, 01:53 PM
Replies: 977
Views: 143,010
Posted By Pedro40
So the fail was not in the Combine? Was it just...

So the fail was not in the Combine? Was it just test or real money?
Forum: Trading Journals November 7th, 2013, 09:26 AM
Replies: 977
Views: 143,010
Posted By Pedro40
Wow, one trade, almost 2K profit, nice catch......

Wow, one trade, almost 2K profit, nice catch... So you need to make something like 200 per day for the last few days, correct?
Forum: Trading Journals September 23rd, 2013, 06:42 PM
Replies: 977
Views: 143,010
Posted By Pedro40
The dangers of sailing on the Adriatic sea...

The dangers of sailing on the Adriatic sea...
Forum: Trading Journals August 22nd, 2013, 09:47 AM
Replies: 977
Views: 143,010
Posted By Pedro40
I find the rule that made Alex to get kicked off...

I find the rule that made Alex to get kicked off extremely strange. (and remember I have been criticizing their parameters for months, and finally they are dropping them)

So let's say a trader...
Forum: Trading Journals June 11th, 2013, 06:52 AM
Replies: 977
Views: 143,010
Posted By Pedro40
Well, he didn't. He left 6 million dollars (and...

Well, he didn't. He left 6 million dollars (and that is 1940s dollars) to his family safely tied down in funds, so creditors couldn't get to it. Also, (what most people misses) he killed himself...
Forum: Trading Journals May 31st, 2013, 10:42 AM
Replies: 977
Views: 143,010
Posted By Pedro40
Well, then let's end the cantina talk on that...

Well, then let's end the cantina talk on that note. :)

Congrats to Alex for the new baby, I mean passing the LP!!!
Forum: Trading Journals May 31st, 2013, 08:58 AM
Replies: 977
Views: 143,010
Posted By Pedro40
Even a priest can make mistakes. :) The...

Even a priest can make mistakes. :)

The point is, when a trader is using 3-5 different instruments, it is very easy to miss a rule or two. (and T4 isn't helping in this regard) So instead of...
Forum: Trading Journals May 31st, 2013, 06:31 AM
Replies: 977
Views: 143,010
Posted By Pedro40
Sure, understood. What is not understood that...

Sure, understood. What is not understood that with their gazillion rules, how do they expect the traders to know and follow all and not to miss any by accident? Why not just write the software that...
Forum: Trading Journals May 30th, 2013, 09:49 PM
Replies: 977
Views: 143,010
Posted By Pedro40
I wonder if had it been a 900 bucks loss, would...

I wonder if had it been a 900 bucks loss, would have they taken it away? I don't think the volume affected the trade, so there was no point in taking it away. A warning would have been sufficient......
Forum: Trading Journals May 24th, 2013, 04:53 PM
Replies: 977
Views: 143,010
Posted By Pedro40
How do the LP rules apply to more than 1...

How do the LP rules apply to more than 1 instrument are traded? Let's say if I trade 3 different things, the max. 5 cars would mean all 3 instruments together, I assume?
Or the max. number of...
Forum: Trading Journals May 22nd, 2013, 07:35 AM
Replies: 977
Views: 143,010
Posted By Pedro40
I don't know why that stat would count for...

I don't know why that stat would count for anything, that is first completely irrelevant second you are allowed to miss one. Not to mention depending on the strategy, some types will always have...
Forum: Trading Journals May 15th, 2013, 12:46 AM
Replies: 977
Views: 143,010
Posted By Pedro40
So you are agreeing with me, thanks.... But...

So you are agreeing with me, thanks.... But please translate it for me, what was the point of Indextrader's post?
Forum: Trading Journals May 14th, 2013, 10:18 PM
Replies: 977
Views: 143,010
Posted By Pedro40
!!

Man, what a fantastic contribution to the thread! If you want to accuse him of cheating, just say so. Otherwise you could have noticed the same misalignment in posts #100 and #125....

Probably...
Forum: Trading Journals April 27th, 2013, 06:39 AM
Replies: 977
Views: 143,010
Posted By Pedro40
At least now you know you could easily pass the...

At least now you know you could easily pass the 50K Combine and most likely the 100K. So you can relax a bit...

Good work....
Forum: Trading Journals April 23rd, 2013, 06:42 PM
Replies: 977
Views: 143,010
Posted By Pedro40
That is not a ruined stats, you are allowed to...

That is not a ruined stats, you are allowed to have 1 parameter red. It would be more difficult to fix if it was 5 mins average loser duration, but if you throw in 1 losing trade with 0 SL, that...
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