[phildunn]

Originally Posted by awty

****CORRECTION****
I wasn't fully awake when I mentioned $471 profit on one trade, forgot I had moved some funds. Actually, the profit on the trade was $71.00...
I apologize for the mistake.
Jeff

Not bad. Keep it up !

[MotherLode]

And the excitement bubble pops...everyone takes a deep breath and calms down as it all returns to normal...

14% return (based on 500) is good! Congrats!

ML

[awty]

Learning. And, clearly, I still have some problems with the emotional part!

And, these are on my big (11.5K account - I'm leaving myself with a lot bigger margin than I used to. So far today, if I closed out some trades as they are now, would be another $30.00 or so, but I believe the trade has more potential, and considering I'm making about a dollar a day interest on that particular trade, win or lose (just uses margin until closed), I think I'll let it run. Hopefully, I can hit that $400 dollar trade, if I can just control myself enough to let the profits run...

I'm finding myself to be a LOT more conservative than I thought I would be, and that's costing me profits, so, once again, fighting myself. *I* am CLEARLY the problem here!! (especially as evidenced by my not taking funds movement into consideration before claiming 'eureka'...)

Well, at least I can say that the only one affected by this mistake is me...

(By the way, was the vacuum cleaner the first thing ever invented? If not, how did ANYBODY know to yell 'eureka'???)

And, by the way, I still think being a vacuum cleaner designer would be a neat job. The more your product sucks, the better it is!

OK, enough of the bad humor.....


Looking into possibly building my own 'system', but that could take years. Good for learning anyway.
No, not huge profits, but - if it's profits, I'll take it!!!

(It's sure nice getting interest on the account, and I get a 1099 from the company to go in with my taxes, so reduces the paperwork some...)

Hope all is going well,
Jeff

[awty]

In case anyone's interested, profit/loss/interest on my 'big' account. Please keep in mind there have been funds moved between accounts, so it's not the true picture...

Year 2004:
Month........Interest.......P/L
January......0.0085........-60.3295
February....3.4983........-22.9597
March........9.8504 28.6421
April..........6.5859 0.6020
May 41.4455 11.7089
June 149.6965 95.5019
July 245.4689 174.1118
August 206.0957 102.5870
September 126.3805 -156.6532
October 176.3833 83.4920
November 241.8171 39.5787
December 315.5295 20.8708
Total for 2004 1,522.76 317.15







Year 2005:
Month Interest P/L
January 366.4681 114.5742
February 436.6397 54.5739
March 447.4286 -256.0292
April 325.5383 -728.0385
May 315.7212 -57.5167
June 306.9432 57.4522
July 346.3685 -77.8387
August 271.7607 1,216.7793
September 288.6233 90.5316
October 295.6902 17.7694
November 280.5156 -22.8449
December 208.7601 641.8219
Total for 2005 3,890.46 1,051.23


Jeff

[DriverDan]

How are you earning so much in interest? According to my calculation you're making almost 29% a year uncompounded on your demo account. (400/509000*365)

[awty]

Originally Posted by DriverDan

How are you earning so much in interest? According to my calculation you're making almost 29% a year uncompounded on your demo account. (400/509000*365)

Yes, amazing, isn't it? I'm also seeing that in my live accounts. It's risky, but it works. Let me know if you'd like to know more, it's extremely easy, but - RISKY!!!

Jeff


***Edited by awty***
I suppose that I should note that the (directly) above listed interest payments are on a live account.
And, if anybody would like to logon to my demo account, let me know. I don't THINK there's a problem with that. The only thing I ask is that no trades are modified. Just need to get to that $500k myself. I do believe that I could live on around $600/day, fairly easily for what I have planned...

[awty]

For what it's worth, took a picture of my 'big' account. Just brought it up to $12k today. other 2 accounts at $2k, and $195.00 or so. Slow to some maybe, but - working...
This takes a while to load, didn't mess with the screenshot, other than removing half my name and account # - top left...

http://www.valasek.org/forex/images/untitled.bmp

Will pull it down whenever I darn well feel like it, so it may not be there for long.
Jeff

[m3rn]

Originally Posted by awty

For what it's worth, took a picture of my 'big' account. Just brought it up to $12k today. other 2 accounts at $2k, and $195.00 or so. Slow to some maybe, but - working...
This takes a while to load, didn't mess with the screenshot, other than removing half my name and account # - top left...

http://www.valasek.org/forex/images/untitled.bmp

Will pull it down whenever I darn well feel like it, so it may not be there for long.
Jeff

I'm curious to know if you really use all those fancy technics.
(e.g: fibonnanci etc)

[awty]

Originally Posted by m3rn

I'm curious to know if you really use all those fancy technics.
(e.g: fibonnanci etc)

Nope, not yet. Work basically with price (speaking of which, I need to take the indicators off the screen. Still learning those.)
Jeff

[phildunn]

What're the orange/blue rectangle and green circle?