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Steviet's Live Trades!

  • #3,481
  • Oct 7, 2008 8:02am Oct 7, 2008 8:02am
Quoting karmostaji
Hhaha Anything for my mentor, just point at the car and it's yours


That didn't take you long lol!!!!!

Actually yesterday was at a trader friend of mine's house & left for home just before NY open. Price was bumbling around 181 area.

Anyway, my old wreck of a car broke down on the way home and by the time I got to my house price was bouncing off 174!!!!!!

I'm seriously fed up with the markets at the moment but I'm sure they'll calm down at some point. My method performs best when we have the nice 200-300 pip rangy days & we're not getting many of those at the moment lol. Even the mildly trending days are OK but what's happening at the moment does not do this man's heart any favours lol.

Great to hear your continued success - I still remember the very first time we 'spoke' & I knew you were one of the very few that would make it

Kind Regards
Steve
  • #3,482
  • Oct 7, 2008 8:14am Oct 7, 2008 8:14am
Quoting steviet


That didn't take you long lol!!!!!

Actually yesterday was at a trader friend of mine's house & left for home just before NY open. Price was bumbling around 181 area.

Anyway, my old wreck of a car broke down on the way home and by the time I got to my house price was bouncing off 174!!!!!!

I'm seriously fed up with the markets at the moment but I'm sure they'll calm down at some point. My method performs best when we have the nice 200-300 pip rangy days & we're not getting many of those at the moment lol. Even the mildly trending days are OK but what's happening at the moment does not do this man's heart any favours lol.

Great to hear your continued success - I still remember the very first time we 'spoke' & I knew you were one of the very few that would make it

Kind Regards
Steve
Oh damn, that has happened to me before also and it wasn't pretty when I came back home and looked at the screen.

The market is definitely not as it used to be, it is very very volatile and this beasts jumps up and down within mins 100-200 pips lol

I hope it calms down and returns back to normal, just have some more patience Steve

Thank you Sir
Trade what you see, not what you think.
  • #3,483
  • Oct 8, 2008 11:57am Oct 8, 2008 11:57am
Quoting steviet
...I'm seriously fed up with the markets at the moment but I'm sure they'll calm down at some point. My method performs best when we have the nice 200-300 pip rangy days & we're not getting many of those at the moment
just wondering... does your trading plan permits you to switch to something that has a range that is closer to what you are used to trading? what about audjpy or eurjpy?
  • #3,484
  • Oct 8, 2008 1:17pm Oct 8, 2008 1:17pm
Quoting Gandolf
just wondering... does your trading plan permits you to switch to something that has a range that is closer to what you are used to trading? what about audjpy or eurjpy?
That's an option of course but I prefer the beast. I know over time I pull in a profit. Eventually made $1300 today so not too bad despite the madness!!! I also know that in time things will settle down and I just need to get through this period and pick up what I can.

Now I'm trading full time I tend to close all positions before New York close so I can have a life & sleep like a baby hehe.

Hope you are well by the way?

Kind Regards
Steve
  • #3,485
  • Oct 8, 2008 3:14pm Oct 8, 2008 3:14pm
Quoting steviet
...Hope you are well by the way?
Steve! Thanks for asking! My family and I are well... we just moved, so we are living out of boxes. Thank God, we are all healthy which is a wonderful thing and a major change from the past several years... i'll spare you the detail :=]

If i generate a profit every month for the last 3 months of the year, i will move to full time status in January. That weight you feel dragging behind you a lil' bit... that's me on your coattails!

Blessings.
Jay
  • #3,486
  • Oct 8, 2008 5:43pm Oct 8, 2008 5:43pm
Quoting Gandolf
Steve! Thanks for asking! My family and I are well... we just moved, so we are living out of boxes. Thank God, we are all healthy which is a wonderful thing and a major change from the past several years... i'll spare you the detail :=]

If i generate a profit every month for the last 3 months of the year, i will move to full time status in January. That weight you feel dragging behind you a lil' bit... that's me on your coattails!

Blessings.
Jay
Hi Jay

That's great news to hear you & yours are well in your new home!

Wow! I'm sure you can generate that profit and have every confidence you'll make a great success in 2009 and beyond.

Kind Regards
Steve
  • #3,487
  • Oct 10, 2008 3:49am Oct 10, 2008 3:49am
Well, following recent events my investor has decided to withdraw his funding which is quite understandable. My methods simply cannot cope with the kind of movements we've been seeing this last month or two. Incredibly bad timing but that's just me.

As for myself, I now have no job and no funds to trade so I guess this will be my last post here.

Thanks to everyone for their encouragement and support over the years and I wish you all well.

Kind Regards
Steve
  • #3,488
  • Oct 10, 2008 4:06am Oct 10, 2008 4:06am
Aw sorry to hear that mate, really am

As they say 'One door closes, another one opens'

It was nice having you here

All the best,

VB,
  • #3,489
  • Oct 10, 2008 4:52am Oct 10, 2008 4:52am
Quoting steviet
Well, following recent events my investor has decided to withdraw his funding which is quite understandable. My methods simply cannot cope with the kind of movements we've been seeing this last month or two. Incredibly bad timing but that's just me.

As for myself, I now have no job and no funds to trade so I guess this will be my last post here.

Thanks to everyone for their encouragement and support over the years and I wish you all well.

Kind Regards
Steve
Oh no! Steve, this is horrible. You have helped so many people here. You have always been so gracious. FF will not be the same place without you. I will be hoping something will work out so you can return.
  • #3,490
  • Oct 10, 2008 9:47am Oct 10, 2008 9:47am
Steve

I have been silently following your progress and was truly inspired when you were able to go full time.

I sincerly hope tis is merely a temporary set-back and your back to doing what you were meant to do soon.

Good Luck
Jim
  • #3,491
  • Oct 10, 2008 9:48am Oct 10, 2008 9:48am
I'm shocked and speechless.
Trade what you see, not what you think.
  • #3,492
  • Oct 10, 2008 12:36pm Oct 10, 2008 12:36pm
Stevie,

now take 1 month rest, then write a small e-book, regarding your experience with trading, with some trading strategies, tips, hints...etc.

And I will buy it for 10 USD. And definitely, there will be hundreds and hudreds people whom you helped, so now they will help you. This is not charity, this will be just big thank you for your effort...

I am confident, that you will raise by this way some starting capital for trading, and later for living.

When you cook, it is hot, but when you eat it is mild.

Really, just take a little bit rest, and you will find solution...

A.
  • #3,493
  • Oct 10, 2008 1:19pm Oct 10, 2008 1:19pm
I must admit that I could hardly bring myself to write this morning I was so dismayed but I just couldn't disappear.

It was going to be my last post, however I couldn't go without thanking everyone who has replied both here and in PM. I'm touched, I really am.

Today I've gone through every emotion possible as one could imagine and I've had a long hard think about where to go from here.

There is a chink of light and maybe, just maybe something will come off. One of the PM's I received was from a long term lurker here who has traded all his life as his main source of income. He offered to call me and after speaking for an hour I felt a whole lot better and there maybe something we can do.

Whether anything comes of it or not I'll still be around although not posting (much)

Thanks again folks

Kind Regards
Steve
  • #3,494
  • Oct 10, 2008 1:31pm Oct 10, 2008 1:31pm
Steve, this is my first post in your thread.

You might have noticed that I have followed your journal intensively since you started it. I actually still remember, few years back when you told in the brokers chat that your trades are up well over 1300 pips. I remember my self thinking "thats not even possible"

I would like to express my personal gratitude. You have been a big motivator for me, thank you for that.
  • #3,495
  • Oct 10, 2008 7:45pm Oct 10, 2008 7:45pm
Hi Stevie

I am really sorry for what happened to you.

Just a couple of questions:

1) I thought you had some of your own funds invested as well? Isn't that enough to survive at least?

2) Why did the investor decide to redeem his capital? Did you have a bad day or suffer a big loss? Or did he just need liquidity for reasons other than trading?

3) Take a moment to realize where you came from and where you are at today. The dream must go on. You can't quit now, damn it.

We are experiencing the worst financial crisis EVER and there'll be a lot of cleansing in the industry. The parassites and those who are not good enough will all be swept away.

Markets and the whole financial industry will be much healtier when this crisis is over. It may take a few years, but it'll be for everyone's good.

I think sticking around in these bad times and still being able to make decent returns will make an excellent resume for when things get better and investors are ready again to put money into the markets.

You honestly don't need much capital to make a living at this. As far as I know, leverage is still available and fortunately the brokers business seems to stay on its feet.

Just use minimum capital and trade for yourself. Spend as little as possible and save money for a bigger capital.

Capital is not a problem IMO, not even nowadays. I have plenty of friends and relatives who'd be willing to give me money to trade. I just don't like trading other people's money. At least not right now.

Let us know how things work out for you and if you have any questions or need any type of advice-recommendation do not hesitate to ask.

Health is what matters the most. Money comes and goes.

IS
  • #3,496
  • Oct 11, 2008 4:12am Oct 11, 2008 4:12am
Steve


Truly sorry to hear this news.

I'm sure things will work out for you and you will overcome any difficulties.

my best wishes

fxp
  • #3,497
  • Oct 11, 2008 4:43am Oct 11, 2008 4:43am
Hey Steve,
Like everyone else here I'm gobsmacked.

What else can I say.....

Except 'keep trading' .....

And just to add, that it was from your example that I decided early this year to also start trading full time and I've been building some equity to enable me to do it - I'm now ready and like you I'm going to take the plunge next year. I don't know how to thank you for the inspiration I got from your journal but I wouldn't be doing it without you - really, I can't thank you enough.

After whats happened to you though, I'm beginning to think I must be crazy.

Maybe.....But I'm still gonna do it.

I also believe that you'll turn this round.

You just have to believe it too.

Your strategy works, youv'e proved that.....you just need to persevere and be patient.

Good luck mate and don't forget the old Monty Python sketch..... Always look on the bright side of life...lol...

Regards
Stew
  • #3,498
  • Oct 11, 2008 4:53am Oct 11, 2008 4:53am
A pillar at FF has fallen!

Well, things like this happen.... you'll get a new job, and get a new investor...

I'm sure the thread will come back to life soon enough.

Good luck, brother!

Quoting steviet
Well, following recent events my investor has decided to withdraw his funding which is quite understandable. My methods simply cannot cope with the kind of movements we've been seeing this last month or two. Incredibly bad timing but that's just me.

As for myself, I now have no job and no funds to trade so I guess this will be my last post here.

Thanks to everyone for their encouragement and support over the years and I wish you all well.

Kind Regards
Steve
  • #3,499
  • Oct 11, 2008 8:07am Oct 11, 2008 8:07am
Hallo Steve!

I just got my first computer online in the new house and was offline ever since Thursday night. So this is within my first 5 minutes of setting up DSL here and having FF as the starting page on this laptop the first thing was looking here.
I am shaken to say the least and I guess I need to think more clearly before I babble incoherent things. I am deeply sorry for your investors withdrawal and also for the investor himself as he missed a great chance. Your methods are prooven and they have worked without stress and too much trouble for a long time - there you have the trackrecord so many others lack.
I will try to think of something and will come back via PM or other means, as this is really unfair in a way and I really do not want you in this position. You cannot help me with my feeble minded wife, but maybe I can help you with this and feel better due to that myself. Therapy for everyone!

Try and calm over the weekend and see you soon!
Yours
Matt
  • #3,500
  • Oct 11, 2008 8:09am Oct 11, 2008 8:09am
Quoting tdion
A pillar at FF has fallen!

Well, things like this happen.... you'll get a new job, and get a new investor...

I'm sure the thread will come back to life soon enough.

Good luck, brother!
Noone's fallen yet. Guess there are ways to pull through.
Like the old LP title... "Crisis...what crisis?"

Ciao!
Matt
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