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Old 04-29-2010, 06:57 AM   #49

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Re: The Race

Quote:
Originally Posted by bathrobe »
how late is the latest possible time to post a statement from the 28th?
We'd like to have them posted by 9:30 AM EDT (US equities RTH open). However, we will allow some slippage.

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Old 04-29-2010, 07:00 AM   #50

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Re: The Race

Here is the updated list of all those who have thus far declared for the race along with the posted starting equity of each Racer.


yeaheah $ 137.80

fxThunder $ 453.43

sicktrader $ 941.31

thalestrader $1537.75

daedalus $1653.85

enoch benjamin $2036.36

bathrobe $2542.38

Best Wishes,

Thales
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Old 04-29-2010, 07:05 AM   #51

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Re: The Race

One trade yesterday on the 6E. The 6E and ES both gave an additional short signal during the AM, but in each case the initial risk far exceeded anything I'd take on this size account. I did not trade the PM session.

My initial stops are typically between 8-14 ticks. I am currently employing a trailing stop, though I have considered using a fixed 2-3R profit target as well. Yesterday's 6E had an initial risk of 9 ticks, and was stopped on a trailing stop for +20 ticks.




Best Wishes,

Thales
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Old 04-29-2010, 09:52 AM   #52

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It is tempting

I am tempted to join you guys here. Sounds like a fun exercise if anything.

At any rate, good luck to participants with the b**ls to participate, stay on topic, I will be watching!
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Old 04-29-2010, 09:54 AM   #53

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Re: The Race

Here is my overnight statement. I had no trades during the night, and none scheduled the rest of the day. As such, no need for me to show a statement on Friday as it will be unchanged for me. This has been an unusually slow week for my system.
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Last edited by sicktrader; 04-29-2010 at 10:04 AM.
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Old 04-29-2010, 10:41 AM   #54

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Re: It is tempting

Quote:
Originally Posted by forrestang »
I am tempted to join you guys here. Sounds like a fun exercise if anything.

... I will be watching!
"There is no watch, only do"
- paraphrased from the wisdom of Yoda


I have been hoping to see more of the gang from the Reading Charts in Real Time thread throw their hats into the ring. There is certainly room for you here, forrest. But Yoda's wisdom aside, a proper race is about having fun, and it needs both Racers and Spectators, so pick the seat that's most comfortable for you, and have some fun!

Best Wishes,

Thales
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Old 04-29-2010, 11:31 AM   #55

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Re: The Race

I will be only an spectator this time as my day job does not allow me to spend enough time with the charts at the moment.
It would be great to learn some trading and MM techniques from this thread.

Good luck to all the participants!!!

PS: If I could learn to turn $1.000 to $10.000 in 20 weeks on a consistent basis I would already be the happiest trader in the world... : )
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Old 04-29-2010, 11:47 AM   #56

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Re: The Race

Not the best start.
Have to work on the strategy.

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