Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

thalestrader

The Race

Recommended Posts

By the way at this rate (about $60 daily) it will take 45 years to get to a mil, so get on with it! ( are those feathers I see?).. BIG numbers... ;)

 

Nice try. You can't frighten me with BIG numbers.

 

FORTY-FIVE Years !!!

 

No dear Attila. More like FOUR-point-FIVE Years. ;)

 

I'll be even slower than $60 ...

Let it just be a daily net profit of $40 ... $200 weekly... or $800 monthly.

 

The attachments shall do the explaining.

 

What I am more concerned about is, what a Million US Dollars will be worth in 4 years !!!

Hope they don't end up being just pocket change. :haha:

 

-----

 

This is the first time I am calculating for a Million dollars.

Normally, I keep my calculations to 25k as that's my current goal.

Whether I make $100 a day or $100 a week, I can reach there in 3-6 months.

 

Currently, all I am trying to do is "consistently follow my plan". The money will take care of itself. :)

 

-----

 

Reminder:

Earlier in the thread, I did mention that the reason I am sticking to scalps for this month, is because of home activities that I am required to attend to everyday during my trading hours.

Yesterday's $60 were made while helping Mom pack her bags, a visit to a doctor, having dinner, and more.

Atleast another $75 were missed because I had to cancel the trades, as I was leaving the computer.

 

No trades taken today - 09/17.

 

-----

Million.xls

Million-A.thumb.jpg.98828231f74f2cec36e8554c26d4d7c4.jpg

Million-B.thumb.jpg.60f2d12cc2e8210c8299496f138b1f62.jpg

Edited by ekshay
Attachments Updated

Share this post


Link to post
Share on other sites

ekshay.. was just pulling your leg..!

 

Trust me I know the pitfalls of flying too close to the sun!... One key element though as you can see from my week is not to make scalps so small a routine losing day engulfs a week of scalps. Sometime a scalp has an illusion of safety. There are days when the markets are clearly trending and offer a bit more than a scalp and more can be taken... THE pitfall this can lead to is forgetting the long-term plan to drop back to taking only what is on offer when the grind returns. And very smart to lay low when your undivided attention is not possible.

 

That said long-term planning VERY valuable as it calms the trader which reinforces selectivity... All IMIO of course! ;)

 

 

Statement for 09/17.. shoo second page, shoo!

1.thumb.png.fcbb6c3ca0af839c30a098ffeedb7eeb.png

2.png.e09bc852dc4059443dfe74ea43183b42.png

Edited by Attila

Share this post


Link to post
Share on other sites
ekshay.. was just pulling your leg..!

 

Trust me I know the pitfalls of flying too close to the sun!... One key element though as you can see from my week is not to make scalps so small a routine losing day engulfs a week of scalps. Sometime a scalp has an illusion of safety. There are days when the markets are clearly trending and offer a bit more than a scalp and more can be taken... THE pitfall this can lead to is forgetting the long-term plan to drop back to taking only what is on offer when the grind returns. And very smart to lay low when your undivided attention is not possible.

 

That said long-term planning VERY valuable as it calms the trader which reinforces selectivity... All IMIO of course! ;)

 

 

Statement for 09/17.. shoo second page, shoo!

 

Attila,

If you tried to fly close to the sun, you would first freeze beyond anything knowable on earth. The end would be the same but the means would be rather different. You would orbit as a solid mass for eternity. Make sure you put a stop in before you try.

 

MM

Share this post


Link to post
Share on other sites

When I was little I used to watch the Kung-Fu series with David Carradine and I remember Grasshopper having to close his eyes to make him see. With my eyes open and the markets going up I am hopeless. Meanwhile the system rakes it in because it cannot think or see.

 

I have tried to go blind by going to one timeframe and audible signals only... but the pull to "see" more is so strong, and once I go there, non-system trades show up.

 

Must add some more... A good bit of the time the system seems so WRONG but in 15 signals since last week there have been TWO clear losses.. what more could a trader ask for? Problem is it skips some trades that work out and sometimes I front-run it and get rewarded..

5aa7103103dd9_HOWNOTTOTRADEII.png.c0c5f85c5e594796a855a2049d1be32f.png

Edited by Attila

Share this post


Link to post
Share on other sites
When I was little I used to watch the Kung-Fu series with David Carradine and I remember Grasshopper having to close his eyes to make him see. With my eyes open and the markets going up I am hopeless. Meanwhile the system rakes it in because it cannot think or see.

 

I have tried to go blind by going to one timeframe and audible signals only... but the pull to "see" more is so strong, and once I go there, non-system trades show up.

 

Must add some more... A good bit of the time the system seems so WRONG but in 15 signals since last week there have been TWO clear losses.. what more could a trader ask for? Problem is it skips some trades that work out and sometimes I front-run it and get rewarded..

 

After procrastinating for a long time I finally wrote a little script that alerts me to a possible trade (visually and audibly.)

 

Nevertheless, I still did some trades against my signals but a lot less than before.

I think that it will take some time to root out the instinctive/anticipatory trades but I think that I found something to guide me in the right direction.

I don't know why it took so long to get to this point but I am glad that I am here now.

Gabe

Edited by Gabe2004

Share this post


Link to post
Share on other sites
When I was little I used to watch the Kung-Fu series with David Carradine and I remember Grasshopper having to close his eyes to make him see. With my eyes open and the markets going up I am hopeless. Meanwhile the system rakes it in because it cannot think or see.

 

I have tried to go blind by going to one timeframe and audible signals only... but the pull to "see" more is so strong, and once I go there, non-system trades show up.

 

Must add some more... A good bit of the time the system seems so WRONG but in 15 signals since last week there have been TWO clear losses.. what more could a trader ask for? Problem is it skips some trades that work out and sometimes I front-run it and get rewarded..

 

You really should take your trade and go take a walk with your stops and targets in. You will appreciate the conversations you have with yourself during those moments. You will be shocked at what happens to you, regarding your trading.

Share this post


Link to post
Share on other sites
Have you given any thought to the race that we briefly discussed at the beginning of this race?

 

No, I haven't. I think that it could be a good contest, but I think any contest would be better attended and maintained if it were administered by MMS and the TL management. My time has once again come under significant pressure, and I feel bad about having to withdraw from the original race, especially after its "reason for being," i.e. sicktrader's promise of sharing money management miracles, disappeared into the electronic haze of the internet.

 

Best Wishes,

 

Thales

Share this post


Link to post
Share on other sites
You really should take your trade and go take a walk with your stops and targets in. You will appreciate the conversations you have with yourself during those moments. You will be shocked at what happens to you, regarding your trading.

 

 

As we all know, in order for real change in results to occur, real change in process must. There is a pretty good trader on ET (Lescor) that avoids monitoring his platforms to avoid meddling and possibly ruining trades. So accepting our flaws, automating as much as possible and having a life is the ticket as you have rightly inferred.. again.

Share this post


Link to post
Share on other sites

Statement for 09/20 and Today's Journal..

Managed to take a signal (there were only 2 within the periods I trade)!! Needless to say it was a short.. Today REALLY shows clear system trades. Very simple.. a useful (long..) Trendline is broken then trade the first reversal back to the Moving average.. Missed the Fed-stivities but that's fine.. I think NQ controls the Market on the long side so we'll see what that 2000 touch turns out to mean.. All depends on AAPL though.

1.thumb.png.507a479e8620bbd781b9a663b226cec2.png

2.png.09d84dc254655c64dc7a39400850c51d.png

5aa7103194e4a_9-21-2010Journal.png.951eeeaa5f7e205d9ca963351334fee9.png

Edited by Attila

Share this post


Link to post
Share on other sites

I simply refused to do what I should do.. After watching all those points go by I am wondering when the system trade is coming, so I take bad trades.. It finally comes, and sure enough IT has missed nothing.. True to form another winning trade, eerily effective. Why I went long just after the short signal?? I just don't understand why I can't follow it. Will continue to follow it's results and perhaps I will gain confidence with more data.

 

This has been quite humbling.. Simulator here I come until I can be successful there won't be trading cash..

 

ekshay.. it's all yours for now.. it's a race of 1 again..

5aa710322d39b_9-22-2010Journal.png.b3b6e58faf12a783c4dbfe259a9bee09.png

Edited by Attila

Share this post


Link to post
Share on other sites

Expecting a better outcome this time as I have a more settled mind than last time, when I was battling banks to save the house (lost it anyway), looking for work, and a myriad other evils. To say that was a pressured time is an understatement.

 

No race goals now and could have started a new Thread but have chosen not to. Not bothered one bit if any others contribute in any way. I have switched mostly to ES from NQ as ES appears to be less crazy being more liquid AND not as focused as NQ. Ultimately a better barometer of the whole market. At this point the risk is unhealthily high for the account but I will manage until 5k, where the risk reaches my target.

 

Week Start $1934

Week End $2682

 

9 trades for the week, no doubt helped by Thanksgiving. The 1.3717 Euro short and stop out the pain for the week... I knew it would likely reverse in that area (we all did) but I did not wait for the turn.. oh well. Got the loss back and some on the 1.33 bounce trade. Goal to under-trade, relatively speaking, with a slow account build.

5aa710488538e_11-27-20109-00-00PM_Wk_Summary.png.5f0199c83be02268e310e5e38afa1639.png

5aa710488bac9_AttilaEquity.png.c240f0e95b4c0126ad38f3aafada81fc.png

Share this post


Link to post
Share on other sites
Expecting a better outcome this time as I have a more settled mind than last time... To say that was a pressured time is an understatement.

 

There are few folks in any endeavor who would have been able to muster themselves to perform at a high level of focus and discipline under such circumstances as you labored. Had I known at the time, I'd have urged you to save your initial grubstake, stop trading, and come back to risk only once your situation was resolved. Your outcome this time around may or may not be better, but it certainly has a better chance of a achieving a more favorable result. I know I am not alone in wishing you well in your current efforts.

 

Best Wishes,

 

Thales

Share this post


Link to post
Share on other sites

Yes Thales, borderline stupid.. but it worked for a while though not long enough to reach escape velocity.

 

ES Symmetrical building. shouldn't be long for resolution and 20 point move. Key is fading the opposing trendline BEFORE the ultimate break. Hopefully it doesn't peter out to nothingness.

5aa7104898d9b_ESWedge.png.c68ea9400bf1b1706340b21705030ef0.png

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • MNST Monster Beverage stock, top of range breakout above 60.45, from Stocks to Watch at https://stockconsultant.com/?MNST
    • there is no avoiding loses to be honest, its just how the market is. you win some and hopefully more, but u do lose some. 
    • Date: 11th July 2025.   Demand For Gold Rises As Trump Announces Tariffs!   Gold prices rose significantly throughout the week as investors took advantage of the 2.50% lower entry level. Investors also return to the safe-haven asset as the US trade policy continues to escalate. As a result, investors are taking a more dovish tone. The ‘risk-off’ appetite is also something which can be seen within the stock market. The NASDAQ on Thursday took a 0.90% dive within only 30 minutes.   Trade Tensions Escalate President Trump has been teasing with new tariffs throughout the week. However, the tariffs were confirmed on Thursday. A 35% tariff on Canadian imports starting August 1st, along with 50% tariffs on copper and goods from Brazil. Some experts are advising that Brazil has been specifically targeted due to its association with the BRICS.   However, the President has not directly associated the tariffs with BRICS yet. According to President Trump, Brazil is targeting US technology companies and carrying out a ‘witch hunt’against former Brazilian President Jair Bolsonaro, a close ally who is currently facing prosecution for allegedly attempting to overturn the 2022 Brazilian election.   Although Brazil is one of the largest and fastest-growing economies in the Americas, it is not the main concern for investors. Investors are more concerned about Tariffs on Canada. The White House said it will impose a 35% tariff on Canadian imports, effective August 1st, raised from the earlier 25% rate. This covers most goods, with exceptions under USMCA and exemptions for Canadian companies producing within the US.   It is also vital for investors to note that Canada is among the US;’s top 3 trading partners. The increase was justified by Trump citing issues like the trade deficit, Canada’s handling of fentanyl trafficking, and perceived unfair trade practices.   The President is also threatening new measures against the EU. These moves caused US and European stock futures to fall nearly 1%, while the Dollar rose and commodity prices saw small gains. However, the main benefactor was Silver and Gold, which are the two best-performing metals of the day.   How Will The Fed Impact Gold? The FOMC indicated that the number of members warming up to the idea of interest rate cuts is increasing. If the Fed takes a dovish tone, the price of Gold may further rise. In the meantime, the President pushing for a 3% rate cut sparked talk of a more dovish Fed nominee next year and raised worries about future inflation.   Meanwhile, jobless claims dropped for the fourth straight week, coming in better than expected and supporting the view that the labour market remains strong after last week’s solid payroll report. Markets still expect two rate cuts this year, but rate futures show most investors see no change at the next Fed meeting. Gold is expected to finish the week mostly flat.       Gold 15-Minute Chart     If the price of Gold increases above $3,337.50, buy signals are likely to materialise again. However, the price is currently retracing, meaning traders are likely to wait for regained momentum before entering further buy trades. According to HSBC, they expect an average price of $3,215 in 2025 (up from $3,015) and $3,125 in 2026, with projections showing a volatile range between $3,100 and $3,600   Key Takeaway Points: Gold Rises on Safe-Haven Demand. Gold gained as investors reacted to rising trade tensions and market volatility. Canada Tariffs Spark Concern. A 35% tariff on Canadian imports drew attention due to Canada’s key trade role. Fed Dovish Shift Supports Gold. Growing expectations of rate cuts and Trump’s push for a 3% cut boosted the gold outlook. Gold Eyes Breakout Above $3,337.5. Price is consolidating; a move above $3,337.50 could trigger new buy signals. Always trade with strict risk management. Your capital is the single most important aspect of your trading business.   Please note that times displayed based on local time zone and are from time of writing this report.   Click HERE to access the full HFM Economic calendar.   Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE!   Click HERE to READ more Market news.   Michalis Efthymiou HFMarkets   Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • Back in the early 2000s, Netflix mailed DVDs to subscribers.   It wasn’t sexy—but it was smart. No late fees. No driving to Blockbuster.   People subscribed because they were lazy. Investors bought the stock because they realized everyone else is lazy too.   Those who saw the future in that red envelope? They could’ve caught a 10,000%+ move.   Another story…   Back in the mid-2000s, Amazon launched Prime.   It wasn’t flashy—but it was fast.   Free two-day shipping. No minimums. No hassle.   People subscribed because they were impatient. Investors bought the stock because they realized everyone hates waiting.   Those who saw the future in that speedy little yellow button? They could’ve caught another 10,000%+ move.   Finally…   Back in 2011, Bitcoin was trading under $10.   It wasn’t regulated—but it worked.   No bank. No middleman. Just wallet to wallet.   People used it to send money. Investors bought it because they saw the potential.   Those who saw something glimmering in that strange orange coin? They could’ve caught a 100,000%+ move.   The people who made those calls weren’t fortune tellers. They just noticed something simple before others did.   A better way. A quiet shift. A small edge. An asymmetric bet.   The red envelope fixed late fees. The yellow button fixed waiting. The orange coin gave billions a choice.   Of course, these types of gains are rare. And they happen only once in a blue moon. That’s exactly why it’s important to notice when the conditions start to look familiar.   Not after the move. Not once it's on CNBC. But in the quiet build-up— before the surface breaks.   Enter the Blue Button Please read more here: https://altucherconfidential.com/posts/netflix-amazon-bitcoin-blue  Profits from free accurate cryptos signals: https://www.predictmag.com/ 
    • What These Attacks Look Like There are several ways you could get hacked. And the threats compound by the day.   Here’s a quick rundown:   Phishing: Fake emails from your “bank.” Click the link, give your password—game over.   Ransomware: Malware that locks your files and demands crypto. Pay up, or it’s gone.   DDoS: Overwhelm a website with traffic until it crashes. Like 10,000 bots blocking the door. Often used by nations.   Man-in-the-Middle: Hackers intercept your messages on public WiFi and read or change them.   Social Engineering: Hackers pose as IT or drop infected USB drives labeled “Payroll.”   You don’t need to be “important” to be a target.   You just need to be online.   What You Can Do (Without Buying a Bunker) You don’t have to be tech-savvy.   You just need to stop being low-hanging fruit.   Here’s how:   Use a YubiKey (physical passkey device) or Authenticator app – Ditch text message 2FA. SIM swaps are real. Hackers often have people on the inside at telecom companies.   Use a password manager (with Yubikey) – One unique password per account. Stop using your dog’s name.   Update your devices – Those annoying updates patch real security holes. Use them.   Back up your files – If ransomware hits, you don’t want your important documents held hostage.   Avoid public WiFi for sensitive stuff – Or use a VPN.   Think before you click – Emails that feel “urgent” are often fake. Go to the websites manually for confirmation.   Consider Starlink in case the internet goes down – I think it’s time for me to make the leap. Don’t Panic. Prepare. (Then Invest.)   I spent an hour in that basement bar reading about cyberattacks—and watching real-world systems fall apart like dominos.   The internet going down used to be an inconvenience. Now, it’s a warning.   Cyberwar isn’t coming. It’s here.   And the next time your internet goes out, it might not just be your router.   Don’t panic. Prepare.   And maybe keep a backup plan in your back pocket. Like a local basement bar with good bourbon—and working WiFi.   As usual, we’re on the lookout for more opportunities in cybersecurity. Stay tuned.   Author: Chris Campbell (AltucherConfidential) Profits from free accurate cryptos signals: https://www.predictmag.com/   
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.