Delusions Grandiose !! (By forex_trader_28881)

The user has deleted this system.

Delusions Grandiose !! Discussion

Feb 14, 2011 at 02:18
19,611 Views
496 Replies
Patience
forex_trader_1819
Member Since Oct 18, 2009   230 posts
Mar 21, 2011 at 12:27

TheCyclist posted:
Can't have a bigger black swan that that...

Well, I don't know. Flash crash last year was a tad messy. Not to mention 2008 .... As long as you are able to get out alive, it's all good. I'm sure there were some seriously messed up accounts the other day.
TheCyclist
forex_trader_28881
Member Since Feb 07, 2011   724 posts
Mar 21, 2011 at 12:32 (edited Mar 21, 2011 at 12:33)
We have NAV stops, hard stops.

We're more at risk from multiple start failures than from continues trading. If we have restart once in 6 months I can live with it.

The chances of having a failure on a restart is slim, so at worst if things do go wrong we'll most likely have the NAV trending sideways for a while.
Patience
forex_trader_1819
Member Since Oct 18, 2009   230 posts
Mar 21, 2011 at 12:39 (edited Mar 21, 2011 at 12:40)
TheCyclist posted:
    We have NAV stops, hard stops.

I read some posters stops were slipped big time the other night - like over hundred pips in some cases. They did a fine job ..... whoever they were. It just reminded me, once again, why low leverage is king.
TheCyclist
forex_trader_28881
Member Since Feb 07, 2011   724 posts
Mar 21, 2011 at 12:51
If it ever comes to that Patience I'll take it.

Our NAV stop takes into account the cost of the trades, so if the cost forces the portfolio to lose value we'll close out at the higher cost, doesn't matter, long as the account is protected.

And if the markets are then in a state of extreme volatility we just stay out till it all goes away.
TheCyclist
forex_trader_28881
Member Since Feb 07, 2011   724 posts
Mar 21, 2011 at 16:16
Paint drying. Good morning, no afternoon.
TheCyclist
forex_trader_28881
Member Since Feb 07, 2011   724 posts
Mar 22, 2011 at 05:20 (edited Mar 22, 2011 at 05:33)
Going into this GBP news event in about 3 hours waaaaaaaay to heavy....so another smack is quite likely.

And at pretty hectic levels on the daily. Very likely to see a lot of volatility today, it's big bar territory this...
Member Since Jan 14, 2010   556 posts
Mar 23, 2011 at 08:38
Is there a reason you don't have any open trades at the moment? Do you know something I don't? 😁
TheCyclist
forex_trader_28881
Member Since Feb 07, 2011   724 posts
Mar 23, 2011 at 08:49
I have a lot open, but the open trades are locked. You can't see them.

Keep an eye on the open percentage right next to equity, if that's changing it means I have open trades. Right now it's 99.50% so my open trades is down 0.5%.
TheCyclist
forex_trader_28881
Member Since Feb 07, 2011   724 posts
Mar 23, 2011 at 08:51
Like so:

 Balance: $142.78
 Equity:(99.50%) $142.07
TheCyclist
forex_trader_28881
Member Since Feb 07, 2011   724 posts
Mar 23, 2011 at 10:22
Starting to scratch the lions balls with a short stick here....
zzzero
forex_trader_27988
Member Since Jan 26, 2011   1367 posts
Mar 23, 2011 at 22:53 (edited Mar 23, 2011 at 22:56)
TheCyclist posted:
This is manual. No algo's here.

not.

this is absolutely an algorithm driven trading system.

strictly trading eurusd and gbpusd?

plz..

liar.

also note that it has been in excess of four hours since his last update.

he doesnt want anybody to see his drawdown.

fyi, metatrader is able to automatically update every five minutes.

and even more frequently, if you really want it to.

z/.
TheCyclist
forex_trader_28881
Member Since Feb 07, 2011   724 posts
Mar 24, 2011 at 03:52 (edited Mar 24, 2011 at 03:57)
Or maybe I just switched off my laptop as I was done for the day. Can do that you know, no algo...
TheCyclist
forex_trader_28881
Member Since Feb 07, 2011   724 posts
Mar 24, 2011 at 04:04
You have the most cock eyed logic in the world hey, why after 6 years EA development would I hide it if I am using one? You want to know why I'm not using one? It's not worth writing it for $100, were spending $1000's on the API, that where the foucs is. Not going to mess around with a crappy EA....just to much time and nuicance value...
TheCyclist
forex_trader_28881
Member Since Feb 07, 2011   724 posts
Mar 24, 2011 at 05:16 (edited Mar 24, 2011 at 05:22)
And just for information.

My VISA is issuing tomorrow, so I would expect to fly anywhere from Sunday, so I will be forced to close out tomorrow and take any draw down there might be or not be...

When I come back in a few months I will decide what to do about this lot. Just in case you think it doesn't update for months because I'm trying to avoid a DD. My MT won't be on...caphice?
zzzero
forex_trader_27988
Member Since Jan 26, 2011   1367 posts
Mar 24, 2011 at 05:23
you might consider posting your oanda trades here.

metatrader can read your oanda trades.

use metatrader to post your info here.

zzz/.
TheCyclist
forex_trader_28881
Member Since Feb 07, 2011   724 posts
Mar 24, 2011 at 05:42 (edited Mar 24, 2011 at 06:04)
Have to register a separate MT4 enabled account and then there is the trade size issues and synchronization problems. I have no interest in MT4 and certainly not going to use my limited number of O accounts for it.

On top of that I would have to put virtual environments onto the linux server and so on...so no, not even a consideration.

I do O API and that's that. Not spending that kind of money to stuff around...maybe one day when O gets that API sorted.
TheCyclist
forex_trader_28881
Member Since Feb 07, 2011   724 posts
Mar 24, 2011 at 15:16
Isch, tears in my eyes, like I'm peeling an onion...

Member Since Nov 18, 2009   735 posts
Mar 24, 2011 at 16:50
Coprolite, LMAO. Who's gonna keep this 'professional con artist/scammer/lowlife/pedophile/pervert/ugly/fat.toothless/senile/bald/fat LUZR' in check then?

And what is Tjaarus???

TheCyclist posted:
When I come back in a few months I will decide what to do about this lot.
Surround yourself with people whose eyes light up when they see you and who have no agenda for your reform.
TheCyclist
forex_trader_28881
Member Since Feb 07, 2011   724 posts
Mar 24, 2011 at 17:16
Speki,

Why should I care hey, I just want to go chill. I done my bit. Want nothing more to do with any more of it.

There is no translation for tjaarsus...it's slang of slang
Member Since Nov 18, 2009   735 posts
Mar 24, 2011 at 19:18
Yes, you're probably right. Who gives a ... rat's backside anyway 😁

Chances are by the time you get back, oil will be $300 a barrel and gold above $2000. We'll also see a sharp fall in equities soon. Currencies will tank heavily. Every currency on G-D's green earth. Except the Zimbabwean dollar maybe. That one has nowhere to weaken anymore.

And if you're feeling a little tired, stressed, bored of all this goddamn goop ... yeah I know ... but treatment is simple ... the great clown is in town ... that should pick you up. 😁 😁 😁

Enjoy your chill.
Surround yourself with people whose eyes light up when they see you and who have no agenda for your reform.
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