Milestone ..
Last year:
I had the unfortunate idea of checking if the "grass is greener on the other side of the fence" so against my better judgment I gave a try to the very popular Sonic thread and especially PVSRA. Given, that the only thing in common with what I do is that they use "volume". Unfortunately, the methodology demands adding to losers until you get a reversal. When the account was 16 % down I decided to do the unthinkable -- that is, to cut the loss. This goes to show how stupid I am; if I had kept those positions (short yen pairs) I would have margined called a long time ago.. Game Over - Success!.
Obviously, I am not there yet, again I am on a bad streak having to endure an account increasing in value. I am rather puzzled as to what to do next.
This is this year (new broker, same funds)
In the pursuit of the outliers ....
Last year:
I had the unfortunate idea of checking if the "grass is greener on the other side of the fence" so against my better judgment I gave a try to the very popular Sonic thread and especially PVSRA. Given, that the only thing in common with what I do is that they use "volume". Unfortunately, the methodology demands adding to losers until you get a reversal. When the account was 16 % down I decided to do the unthinkable -- that is, to cut the loss. This goes to show how stupid I am; if I had kept those positions (short yen pairs) I would have margined called a long time ago.. Game Over - Success!.
Obviously, I am not there yet, again I am on a bad streak having to endure an account increasing in value. I am rather puzzled as to what to do next.
This is this year (new broker, same funds)
In the pursuit of the outliers ....