Delusions Grandiose !! (Por forex_trader_28881)

O usuário eliminou este sistema.

Discussão Delusions Grandiose !!

Feb 14, 2011 at 02:18
21,681 Visualizações
496 Replies
Membro Desde Jan 16, 2010   41 postagens
May 27, 2011 at 19:27 (editado há May 27, 2011 at 19:32)
Forexanadova posted:
Margin is important cause that tell us if you are an idiot or not


Not really. Managing the risk is more important. There some several cases where you need high margin usage for your strategies to work, i.e. any long/short fund would be seriously underperforming "Edit: unless they used leverage". They need to use maximum leverage to get decent returns.

zzzero
forex_trader_27988
Membro Desde Jan 26, 2011   974 postagens
May 27, 2011 at 19:32 (editado há May 27, 2011 at 19:32)
TheCyclist posted:
Anadova,

I'm not looking for help in any form. I know what I'm doing. Simply did this account to put Diamonds trading into perspective and now I'm using it for experimental stuff.

I have a long history with Zero here and unless he behaves himself he is getting no information out of me.

I can make my margin usage anything I want it to at any moment and look good doing it.


issue number one is that diamond aka bruce margolese has no trading anything, there is nothing to be put into perspective.

experimental stuff? omg. translation: the boat is sinking.

issue number two: you have no history with me.

issue number three: you can not make your margin usage anything you want it to be. so dream on.


TheCyclist
forex_trader_28881
Membro Desde Feb 07, 2011   691 postagens
May 27, 2011 at 19:34
I can use 100% margin and have no risk. And still get a margin call I might add. Even if I'm up.
TheCyclist
forex_trader_28881
Membro Desde Feb 07, 2011   691 postagens
May 27, 2011 at 19:40
Last time you said my boat was sinking I did how many percent ? How many months did you give me ?

I can always get discretionary again.

zzzero
forex_trader_27988
Membro Desde Jan 26, 2011   974 postagens
May 27, 2011 at 19:58
when i ask you how much margin you are using..

others read my post where i am asking how much margin you are using.

and now they are curious also.

but you do not tell how much margin you are using.

and why dont you tell how much margin you are using?

because mr coetzee doesnt like me and my litttle old attitude.

just answer the question.

be a man about it, what do you say?

z/.



zzzero
forex_trader_27988
Membro Desde Jan 26, 2011   974 postagens
May 27, 2011 at 20:13

TheCyclist posted:
I can use 100% margin and have no risk. And still get a margin call I might add. Even if I'm up.


oh mee gawd, if i wanted to i could reach up into the sky and snatch down a rainbow and wipe my behind with it and then tiny gold pieces will come shooting out of me bumm.

sssheesh.




TheCyclist
forex_trader_28881
Membro Desde Feb 07, 2011   691 postagens
May 27, 2011 at 20:13
I say what I said earlier.

I don't need people calling me names. You can't behave no info.
Forexanadova
forex_trader_2062
Membro Desde Oct 24, 2009   178 postagens
May 27, 2011 at 20:16

TheCyclist posted:
Anadova,

I'm not looking for help in any form. I know what I'm doing. Simply did this account to put Diamonds trading into perspective and now I'm using it for experimental stuff.

I have a long history with Zero here and unless he behaves himself he is getting no information out of me.

I can make my margin usage anything I want it to at any moment and look good doing it.


Zero has said thing to me also and I laugh, in fact, I like the guy, he is honest and calls it like it is. A piece of advise. None knows everything, my 3 months old baby has taught me stuff, I do not know anything. I wish you good luck and if you change your mind and need help, we are here, including zzzero.

Again, good luck!
Forexanadova
forex_trader_2062
Membro Desde Oct 24, 2009   178 postagens
May 27, 2011 at 20:19

TheCyclist posted:
I can use 100% margin and have no risk. And still get a margin call I might add. Even if I'm up.


Don't get it. Good luck!
😱
Forexanadova
forex_trader_2062
Membro Desde Oct 24, 2009   178 postagens
May 27, 2011 at 20:21

trixifx posted:
Forexanadova posted:
Margin is important cause that tell us if you are an idiot or not


Not really. Managing the risk is more important. There some several cases where you need high margin usage for your strategies to work, i.e. any long/short fund would be seriously underperforming "Edit: unless they used leverage". They need to use maximum leverage to get decent returns.



I am sorry but if you are trading and you are using from 50-80 % or more of equity, you are not a trader, this is one of the first rules that go together with MM.
zzzero
forex_trader_27988
Membro Desde Jan 26, 2011   974 postagens
May 27, 2011 at 20:28 (editado há May 27, 2011 at 20:29)
Forexanadova posted: my 3 months old baby has taught me stuff


babies are so awesomely beautiful.

joy.

z/.
TheCyclist
forex_trader_28881
Membro Desde Feb 07, 2011   691 postagens
May 27, 2011 at 20:30
Honest ? Zero got locked up for cheque fraud, he ran it for 10 years. Maybe he is rehabilitated, maybe not. He seems more honest of late, certainly of his trading. But he does have a criminal history.

I am not going to humour him. Simple as that. Especially if you read the thread and see the tone. Cock sucker and so on.

I been doing trading since 1998 , laid down the first fx code in 2004. I'm sure I can learn things, but not from Zero who can't make 2 weeks. He couldn't even keep the Oanda API connected....
Forexanadova
forex_trader_2062
Membro Desde Oct 24, 2009   178 postagens
May 27, 2011 at 20:31
Zzzero, we finally agree on something. Does it mean we can be friend????.

😂
TheCyclist
forex_trader_28881
Membro Desde Feb 07, 2011   691 postagens
May 27, 2011 at 20:32
Anadova,

At what growth? You can not look at it in isolation.
Forexanadova
forex_trader_2062
Membro Desde Oct 24, 2009   178 postagens
May 27, 2011 at 20:35
Plain and simple. It is NOT recomended to risk more than 50%, if you do more than that, you are taking a BIG risk, maybe I am not looking and the "big" picture, but that is all I see.

I am leaving this thread. Good luck to all!!!!.
TheCyclist
forex_trader_28881
Membro Desde Feb 07, 2011   691 postagens
May 27, 2011 at 20:37 (editado há May 27, 2011 at 20:38)
What do you want ? 100% a year? I'll do 10% margin no problem.

This is a 1000% plus a years portfolio. Be realistic, I have to use as much as I can, that's the whole point....
Membro Desde Jan 16, 2010   41 postagens
May 27, 2011 at 20:38 (editado há May 27, 2011 at 20:43)
Forexanadova posted:

I am sorry but if you are trading and you are using from 50-80 % or more of equity, you are not a trader, this is one of the first rules that go together with MM.


Depends on the strategy. It looks like a lot of your strategies are trend-following in nature. A lot of my background comes from these types of systems and I fully understand how leverage affects you there.

However, I don't think Cyclist is trading classical trend-following strategies. There are several strategies out there where you would have a long in one pair and a short in another that you hope will be negatively correlated. To make any decent returns on these type of strategies, you need to use a lot of leverage. If the correlation holds, you will generally be ok, but if it doesn't you get blown out of the water fast. Just ask the guys at LTCM.

I don't know what Cyclist is doing, but with NAV based stops his risk shouldl be controlled.

As a test, try opening some EUR/USD long together with a GBP/USD short. Notice how they move loosely together but how your NAV changes very little. Some would argue this is an excellent method of risk control as there are no stops involved.

Edit: Sorry, just read the discussions on your strategy, and can see that it is not really classical trend-following. Understand now why you would view high leverage as bad, since your strategy employs no stops.
TheCyclist
forex_trader_28881
Membro Desde Feb 07, 2011   691 postagens
May 27, 2011 at 20:43
Doesn't work like that. My NAV is steady, that's the risk indicator, not how much I commit to the positions.

If you don't believe me go do the experiment. You won't see it in any MT based brokerage but Oanda gives it to you.

You can use all your margin and end up with a no risk. Just depends on your choice of pairs and what you put down.
TheCyclist
forex_trader_28881
Membro Desde Feb 07, 2011   691 postagens
May 27, 2011 at 20:49 (editado há May 27, 2011 at 20:54)
Yes Tri,

And one could take it further. How about eurusd and gbpusd and eurchf and gbpcfh and erujpy and gpjy and so on....all trading eurgbp, cause that all it ends up being.

Anadova,

Yeah I use most of my margin. But that is because I can. All of this is carefully worked out as opposed to a blanket rule bad trader uses more than x....
Membro Desde Jan 16, 2010   41 postagens
May 27, 2011 at 20:57 (editado há May 27, 2011 at 20:57)
Interesting - I never thought to open that many pairs to get exposure to one currency.

Would you mind explaining why you would do that rather than just use the EUR/GBP? I have looked a little at these type of trades, but struggle to see how they might make more money than outright trades. Thus, I assume you have something in this type of trading that you like. Mind sharing that?
Entrar / Cadastrar-se to comment
You must be connected to Myfxbook in order to leave a comment
*Não serão tolerados uso comercial ou spam. O não cumprimento desta regra poderá resultar na exclusão da conta.
Dica: Ao adicionar uma URL de imagem/youtube, você estará automaticamente incorporando-a à sua postagem!
Dica: Digite o símbolo @ para que o nome de um usuário que participe desta discussão seja completado automaticamente.