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  • #1,701
  • Apr 22, 2019 8:31pm Apr 22, 2019 8:31pm
Quoting hilmy83
{quote} i want to see your consistency and discipline..where is that pretty perfomance stats? say last few weeks?..come on nik, you know where i'm coming from honestly talk is cheap nowdays.

Its not my name on the door Hilmy, this is your journey and thread.

Whether you like it or not, CONSISTENCY will be the determining factor is your results. Embrace it, its mandatory.
  • #1,702
  • Apr 22, 2019 8:34pm Apr 22, 2019 8:34pm
Quoting Nik-Nyc
{quote} Its not my name on the door Hilmy, this is your journey and thread. Whether you like it or not, CONSISTENCY will be the determining factor is your results. Embrace it, its mandatory.
of course i know that nik!

it's like you think i'm going to say "no it's not! gambling and reckless trading is key to success!". if i was consistent and 100% i'd be a millionaire within 2 years. Thats not a fantasy..that's a fact!

but when people just regurgitate trading axioms from some books that they read from a failed trading psychologists and educators, i'm supposed to just go with it

trading is about results..not advice. let me see people's results...
  • #1,703
  • Apr 22, 2019 8:41pm Apr 22, 2019 8:41pm
Quoting VEEFX
{quote} If I give no regard to risk and ALWAYS (well 99 out of 100 days) end the day with 20T profit, does that qualify as consistency? I can go live tomorrow with this model but it would be silly as 2-3 consecutive losing days (bad luck!) could do a big dent. my best model so far on NQ has been about 66% wins with 100T/day. Taking RR into account is what makes trading a very challenging endeavor... but getting there man... in baby steps. Perhaps I should introduce pivots lol
then what the hell are you waiting for? you're touting you're gonna go all in and put in +200k in account once you figured this out, but somehow you're so hesitant to pull the plug on say 5k-10k account? don't tell me you're scared of losing small accounts for a 66% chance of making it big.

come on man..enough talk and just do it.
  • #1,704
  • Apr 22, 2019 8:48pm Apr 22, 2019 8:48pm
Quoting hilmy83
{quote} and of course you too sir. for a guy that loves sierra, i dont' think ever see a performance metric post from you.. look people, if you wanna post here, you gotta be ready to be called out...this is how i fucking do things here... otherwise...keep posting..cause i'm not going to do shit haha..
Lets be very clear hilmy, the reason i stop by this thread is because you have occasionally solicited comments and advice from other traders. My participation here is for your benefit. Since you clearly don't see it that way, there is not need to post here again.

@Vee: We can continue the discussion elsewhere, but in a nutshell, and you know this because we have discussed it multiple times and agree, RR is critical, and a key metric of consistency. Adding pivots is optional, but a SL is not :-)
  • #1,705
  • Apr 22, 2019 8:50pm Apr 22, 2019 8:50pm
Quoting Nik-Nyc
{quote} Lets be very clear hilmy, the reason i stop by this thread is because you have occasionally solicited comments and advice from other traders. My participation here is for your benefit. Since you clearly don't see it that way, there is not need to post here again. @Vee: We can continue the discussion elsewhere, but in a nutshell, and you know this because we have discussed it multiple times and agree, RR is critical, and a key metric of consistency. Adding pivots is optional, but a SL is not :-)
you're absolutely right. I don't need advice without some data to back it up..
  • #1,706
  • Edited 9:50pm Apr 22, 2019 8:54pm | Edited 9:50pm
Quoting Nik-Nyc
{quote} Lets be very clear hilmy, the reason i stop by this thread is because you have occasionally solicited comments and advice from other traders. My participation here is for your benefit. Since you clearly don't see it that way, there is not need to post here again. @Vee: We can continue the discussion elsewhere, but in a nutshell, and you know this because we have discussed it multiple times and agree, RR is critical, and a key metric of consistency. Adding pivots is optional, but a SL is not :-)
Nik,
i think this is where Hilmy is at,
(and with persimmon, copy this example):
"In the sport of athletics (https://en.wikipedia.org/wiki/Sport_of_athletics), a four-minute mile means completing a mile run (https://en.wikipedia.org/wiki/Mile_run) (1,760 yards (https://en.wikipedia.org/wiki/Yard_(length)), or 1,609.344 metres) in less than four minutes. It was first achieved in 1954 by Roger Bannister (https://en.wikipedia.org/wiki/Roger_Bannister) in 3:59.4.[1] (https://en.wikipedia.org/wiki/Four-minute_mile#cite_note-1) The "four-minute barrier" has since been broken by over 1,400 male athletes,[2] (https://en.wikipedia.org/wiki/Four-minute_mile#cite_note-2) and is now the standard of all male professional middle distance (https://en.wikipedia.org/wiki/Middle_distance_track_event) runners. In the 64 years since, the mile record (https://en.wikipedia.org/wiki/Mile_run_world_record_progression) has been lowered by almost 17 seconds, and currently stands at 3:43.13.[3] (https://en.wikipedia.org/wiki/Four-minute_mile#cite_note-3)Running a mile in four minutes translates to a speed of 15 miles per hour (24.14 km/h, or 2:29.13 per kilometre, or 14.91 seconds per 100 metres).[4] (https://en.wikipedia.org/wiki/Four-minute_mile#cite_note-4) It also equals 22 feet per second (1320 feet per minute)."

something deemed impossible for such long time; then seeing it as possible was the "pivot" ( pun intended!, Vee, lol) to others to work on and achieve the same!
there is always, always another trade!!
  • #1,707
  • Apr 22, 2019 9:19pm Apr 22, 2019 9:19pm
Quoting VEEFX
{quote} Finally you are right on one thing. You are I can never sit at the same table. Calculate your earnings in $/hour and you will know what I mean and why you shouldn't quit your day job. I deleted all my old PMs but it was you who wrote to me that MT4 cannot save trading results for more than 3 months when I asked for unfiltered balance curve. I can write such trading stat indicator in mql in a day and produce whatever results I want... EVEN IN LIVE! Do what Hayseed did and atleast show your "followers" it coming from a live account. Do what...
LoL, you are so funny. You have spent so much time trying to discredit someone like Davit over the last 12 months, don't even trade his system and yet Davit lives rent free in your head, it's f****g hilarious. Keep it up, you're great entertainment in between trades.
Ardua Ad Astra Per
  • #1,708
  • Apr 22, 2019 9:25pm Apr 22, 2019 9:25pm
Quoting profitfarmer
{quote} Nik, i think this is where Hilmy is at, (and with persimmon, copy this example): "In the sport of athletics (https://en.wikipedia.org/wiki/Sport_of_athletics), a four-minute mile means completing a mile run (https://en.wikipedia.org/wiki/Mile_run) (1,760 yards (https://en.wikipedia.org/wiki/Yard_(length)), or 1,609.344 metres) in less than four minutes. It was first achieved in 1954 by Roger Bannister (https://en.wikipedia.org/wiki/Roger_Bannister) in 3:59.4.[1] (https://en.wikipedia.org/wiki/Four-minute_mile#cite_note-1)...
for the record , i'm not looking for results to convince me if it's possible.

i'm basically beyond the the advice stage in my trading career. I'm an engineer in the aerospace/defense industry. and my work is data driven and everything has to be traceable and proven

by the way PF, consistency at that level is good, but seeing the intraday stats would give more info (ex do you let your mae run? whats your avg intraday win to loss?% daily gain? etc etc)

i've see this equity curve a lot in those martingale TEs..nice straight 45 degree angle....at some point it just takes one bad day to undo the whole thing (i still remember your TE ). Not saying you trade martingale, but that's what it reminds me of

anyway, nothing like pushing people away then asking for transparent results..Even CP never shared his results. What's with that shit? i gues i can only look up to the farm boy (hayseed) lol
  • #1,709
  • Apr 22, 2019 9:42pm Apr 22, 2019 9:42pm
Quoting profitfarmer
{quote} this is prop acct, cant undo in 1 bad day, there is stop/cutout to protect. the daily gains come to 0.2%, but how myfxbook does the stat it included in that number the non trading days as well. some stat, Longs Won494/799) 61% Shorts Won580/823) 70% Best Trade($)Mar 13) 1649.70 Worst Trade($)Jan 03) -1243.38 Best Trade (Pips)Sep 05) 705.6 Worst Trade (Pips)Nov 23) -149.2 (last losing day) Avg. Trade Length:2h 38m no more stat ps. what you refer...
i notice the spikes in trading size. without seeing the trades it's hard to see what your sizing style is. what's your tipping point when trades go against you?

i see this with convergence style so many times.

you either increase size, or use small size and just wait it out (like my rich uncle Lmoney)..

personally, i usually set my stops further out, but i bail out when the divergent conditions kick in..

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  • #1,710
  • Apr 22, 2019 10:02pm Apr 22, 2019 10:02pm
Quoting profitfarmer
will remove the posts in a minute. all who was intended to read it, and no need to pollute with personal staff the thread, right?
well at least i got a glimpse, i kind of knew the answers but seeing your replies and your equity curve validates what i know of convergent style trading.

thanks broooo
  • #1,711
  • Apr 23, 2019 12:36am Apr 23, 2019 12:36am
NQ IS SMOOTH - on default first attempt . She's looking good , nice and gentle . A keeper.

https://youtu.be/YPwtJ89jes4
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  • #1,712
  • Apr 23, 2019 1:45am Apr 23, 2019 1:45am
Quoting VEEFX
{quote} Just to say it, I still stand by my overall assessment of the retail trading industry in general. Trading consistently for more than 3 yrs is astronomically challenging. I have been in this field since 98 in stocks and fx since 2006 and have interacted with many so called traders who give the impression they "know it all" and yet no one.... i say it again, no one is willing to share even a glimpse into their trading record. Not a single trader! That along is significant data to tell me most are fakers and/or delusional and/or egoistical...
careful vee. you'll be lonely if you keep up with the transparency cry in trading forums. it's best that you stay low key, friendly, and once in a while stroke their ego a bit. You'll get more help that way
  • #1,713
  • Apr 23, 2019 2:32am Apr 23, 2019 2:32am
Quoting VEEFX
{quote} frankly, when I go live, i will go DARK and post only my trading results. no charts, no chit chat, no seeking opinions, and definitely no discussion on my trading stats. Only results... positive or negative probably from my broker's statement or platform....definitely not for the first 3 months for sure until I fixate on my strategy. Decision have to come from within me and not anyone else! My entire trading plan is being automated so even if something were to happen to me (God Forbid) like Magnum, I can instruct a high school kid just by...
stick at it mate.Have another beer very least. I'm in the my lane called the fast lane.
  • #1,714
  • Apr 23, 2019 2:50am Apr 23, 2019 2:50am
Quoting VEEFX
{quote} Yep. As I have said, I never quit in the middle of anything, never have and never will until it meets the failure criteria which is way predefined. I have no ego in quitting and throwing in the towel but it will be on my own terms. Just to give a sneak peek on my criteria, I already have the backtesting date and ranges defined and pick by me, and a separate list from my wife, son and a friend without them knowing what it is for. This is how I am eliminating my own bias from hours and days of market replay. I have over two pages of seemingly...
VEEFX, we look forward to your journey. I hope all that hard work pays off for you. At the very least keeps you travelling.
  • #1,715
  • Apr 23, 2019 9:28am Apr 23, 2019 9:28am
Quoting profitfarmer
{quote} https://www.forexfactory.com/showthread.php?p=12171659#post12171659 would such please you on the no floating loss front? the rest is only average gains vs allowed drawdown size; and the frequency distribution of it. but there you are Vee, the 64k question remain....where daydreaming end and walking the walk start? if your stat is convincingly good, as it is, IF other months test similarly well...then what is the hold back to commit to it? frankly, what i think, you are comfortable in your job, and good with the theory, juggling...
you're right about that. Plus i feel like i would be wasting my talents if i did leave my engineering job at mid 30s. If i was in my late 50/60, sure that would be a whole different story. i'm at the end of my career, the young ones start to replace me with better tech knowledge (and probably more enthused). But right now, the career is at its peak. I'm fortunate though that i can trade AND work at the same time no problem. it's one of the perks of working in an office and the only expectation is that you just do your work..nobody bothers me most of the time (my boss is in remote location).

ps. i need to make at least 160k for me to even think doing trading full time. even then, id take a part time job just to keep the mind healthy.
  • #1,716
  • Apr 23, 2019 10:08am Apr 23, 2019 10:08am
i mean technically i'd be a full time tarder if i was living in like vietnam. even on crappy months like feb/marcg when i pull in under 5k..
https://alittleadrift.com/cost-of-living/vietnam/

so this whole talk about full time trading..has got to be in context. if someone from that area of the world talking about full time trading..lets be real. We're not in the same galaxy
  • #1,717
  • Apr 23, 2019 11:17am Apr 23, 2019 11:17am
Quoting profitfarmer
{quote} Per the BEA's 30 July 2018 data revision, our previously reported estimate for May 2018 of $61,497has been revised upward by $164 (or 0.27%) to$61,661. Our alternate method's estimate of U.S. median household income in the U.S. for June 2018 is $61,891, an increase of about 0.4% over the revised May 2018 estimate. so, Hilmy, would you think 5k/mo could buy a median life in that side of the galaxy too? how about someone trading up burger flipping, or walmart, or god forbid a real patriot, a soldier ( E-5 sergeant earns $2,332.80 at the start...
https://www.keranews.org/post/you-need-57984-year-live-comfortably-dallas-median-income-much-lower

not in my part of the world. notice comfortably is in 'quotes'.

add 2 kids and a wife

plus every day leisures like eating out 1x a week and vacations..

yea you need over 6 figs to live comfortably. i guess i'm just a spoiled american...
  • #1,718
  • Apr 23, 2019 11:39am Apr 23, 2019 11:39am
Plus I don't think I can survive in the country side. I'm a city boy.. the most I can do is close suburb. I enjoy the city life

Look at that face .here to here baby haha

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  • #1,719
  • Apr 23, 2019 11:49am Apr 23, 2019 11:49am
removed posts,
would probably discuss it more, but then, i dont think it worth the time, nor my effort, at current pay rate, is it?
more, i want to indulge myself with some burger king, talking about burger flipping, and general american life. and considering what is available after midnight here...lucky enough, they run a 24 hours shop...
there you go eating out for this week Hilmy, a sure 10er gone if not more..., but lucky me, today i can afford it! life is short, eating BK and drinking soda will make it even shorter!! better i burn thru some of this hard earned profit from the bucketshops...

jokes aside,



waiting for Hilmy's P/L for the day. Easter is over,finally!

Quoting hilmy83
Plus I don't think I can survive in the country side. I'm a city boy.. the most I can do is close suburb. I enjoy the city life Look at that face .here to here baby haha {image}
wholeheartedly agree, you could not survive in the countryside, doesnt matter in what galaxy
there is always, always another trade!!
  • #1,720
  • Apr 23, 2019 12:51pm Apr 23, 2019 12:51pm
another dud. but we'll see if there's a continuation or even a dip/reversal action here. if it drops from here..i'm out red

note to self: if day's target is beyond the atr for last 10 days, aim conservatively. would've been done 3 hours ago..lessons lessons. I remember this rule too, but i guess i accidentally removed it while taking out the weak setups...
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