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ALSI Trades


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#35101 Hit & Run

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Posted 24 April 2013 - 09:16 AM

I have asked this before, but how frequently do you guys withdraw your profits, from your trading accounts.

Monthly or when ever I reach my monthly target,

Benefits,

I found it makes you more focus because it feels like a salary I therefore trade more conservatively. If your target is R10k pm you only need R500 per day.

The other problem I have is that the more money I have in my account the bigger I play and eventually you will give back your profits and capital 

If you leave your profit in your account you may give it back with a black swan event, bad trading discipline etc


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The mark of a professional, however, sounds like this:

         It is my fault.  I traded this position too large for my account size.

         It is my fault.  I didn’t stick to my own risk parameters.


#35102 Lekkerry

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Posted 24 April 2013 - 09:16 AM

Long @ 34134 (J200) ... ... ... ... ... ... ...


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From your perspective, Lekkerry is faceless and to a degree nameless, so any opinions expressed are just that, opinions from someone on the Internet  :D


#35103 Argento

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Posted 24 April 2013 - 09:16 AM

She's gonna turn green again but the top is very close....about 90 points up from yesterday's high is the downtrend line!

 

I give SPX to 1584 then she better turn!

 

Did some analysis last night, we have not breached the downtrend line on the TOP40 so she is still in a downtrend..!

 

A


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#35104 Beorn

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Posted 24 April 2013 - 09:09 AM

Long @ 34320

Stop @ +-34150


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Alsi future

 

I only post my views, not advice


#35105 Lekkerry

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Posted 24 April 2013 - 09:08 AM

Uhm, that is the idea, yes!

 

I made my second withdrawal yesterday! <sparkle sparkle>

 

WHAT?

Do you guys actually make money doing this?


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From your perspective, Lekkerry is faceless and to a degree nameless, so any opinions expressed are just that, opinions from someone on the Internet  :D


#35106 Plasma

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Posted 24 April 2013 - 09:07 AM

WTF is going on?


Baseball bat against head. ....
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The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business.  :)


#35107 Lekkerry

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Posted 24 April 2013 - 09:06 AM

Oh my oh my.....

This is purely speculative, but that spike down yesterday-night (19:00) to 34000 (J200) on IGM, somehow it might just be a support for today (that might be reached).


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From your perspective, Lekkerry is faceless and to a degree nameless, so any opinions expressed are just that, opinions from someone on the Internet  :D


#35108 Beorn

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Posted 24 April 2013 - 09:05 AM

WTF is going on?


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Alsi future

 

I only post my views, not advice


#35109 Lekkerry

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Posted 24 April 2013 - 09:02 AM

Ugh... an Argento squeeze popping again!  :rolleyes:


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From your perspective, Lekkerry is faceless and to a degree nameless, so any opinions expressed are just that, opinions from someone on the Internet  :D


#35110 Beorn

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Posted 24 April 2013 - 09:00 AM

I have asked this before, but how frequently do you guys withdraw your profits, from your trading accounts.

 

WHAT?

Do you guys actually make money doing this?


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Alsi future

 

I only post my views, not advice


#35111 Lekkerry

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Posted 24 April 2013 - 08:58 AM

I have asked this before, but how frequently do you guys withdraw your profits, from your trading accounts.


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From your perspective, Lekkerry is faceless and to a degree nameless, so any opinions expressed are just that, opinions from someone on the Internet  :D


#35112 Plasma

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Posted 24 April 2013 - 08:57 AM

Ai, tick tock ....
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The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business.  :)


#35113 Beorn

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Posted 24 April 2013 - 08:53 AM

... I prefer Jakes' trading action(s), more than his words... he is seemingly not in yet!  :lol:

 

Haha, jip. No position open yet.

Also waiting for 9.


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Alsi future

 

I only post my views, not advice


#35114 Plasma

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Posted 24 April 2013 - 08:51 AM

You see Lekkerry, I am not 100% cured yet. Should have waited. Will see what 0900 brings. Pulling risk management toolbox closer.
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The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business.  :)


#35115 Lekkerry

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Posted 24 April 2013 - 08:51 AM

This is purely speculative, but that spike down yesterday-night (19:00) to 34000 (J200) on IGM, somehow it might just be a support for today (that might be reached).


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From your perspective, Lekkerry is faceless and to a degree nameless, so any opinions expressed are just that, opinions from someone on the Internet  :D


#35116 Lekkerry

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Posted 24 April 2013 - 08:48 AM

... I prefer Jakes' trading action(s), more than his words... he is seemingly not in yet!  :lol:

 

But don't take that as advice, it is just my view.


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From your perspective, Lekkerry is faceless and to a degree nameless, so any opinions expressed are just that, opinions from someone on the Internet  :D


#35117 Plasma

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Posted 24 April 2013 - 08:40 AM

Pre opening action sluggish. My unease is the possibility of a slight pull back after yesterday's run.
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The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business.  :)


#35118 Hit & Run

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Posted 24 April 2013 - 08:36 AM

 Short 34249 closed @ 34150  

Still stuck with short @ 34072 may need to take a loss on this one. Think this morning is going to be another big up day. 

Short @34072 got out at 34292 at a loss


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The mark of a professional, however, sounds like this:

         It is my fault.  I traded this position too large for my account size.

         It is my fault.  I didn’t stick to my own risk parameters.


#35119 Beorn

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Posted 24 April 2013 - 08:33 AM

Gold up, Brent up, ZAR down in relation to pound and $, I see a big green day.


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Alsi future

 

I only post my views, not advice


#35120 Beorn

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Posted 24 April 2013 - 08:27 AM

My view, I think you'll be in the money, if not at the open, it should get there.

 

But don't take that as advice, it is just my view.


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Alsi future

 

I only post my views, not advice






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