Jet,

What are you implying?...My C2 systems are not tanking,they tanked months ago,this led me to change my trading methods and consequently helped me in improving my trading results....you have an investor password to check whatever results I post at the Forum,so,use it if you think there is anything unclear going on.

You know,to treble an account in a month,you have to take a level of risk that can only be defined as exceptionally high...and if you just bother to check the trade by trade detail of the C2account,you will see there were 24 or 25 winning trades in a row,just before the debacle,and,obviously this kind of precision helps a lot in trebling an account,at the beginning...then it leads to hubris and to self destruction when not checked by price action reality.

Yes ,I have screenshots of trebling accounts in a couple of months,and I have shown that I can have an account that grows 150% approx in a year and a half at C2..and then destroy or halve the account in one month...I stopped trading the C2 accounts,one was closed several months ago,the other hasn`t had but 2 or 3 trades in the last 3months,BUT I intend to continue trading it,if only to put it again above initial equity...but,frankly this is not my priority.

Believe it or not,at the time of the winning trades in a row,I multiplied by 8 my very high leverage small account,while increasing almost 50% the big one,with very low leverage,from October to mid December...then from December to January I destroyed the small account and halved the big one,so,I stopped trading for several weeks,analyzed all my past trades,and looked for new viewpoints on trading,like going to seminars on trading the ES,subscribe to Igor`s training,chat with fellow traders and read a lot of books while I recovered my confidence...and I am trying to share the distilled results of those experiences.

The difference,in my case, is in the use of chart patterns,they add a reality check component that I lacked once my cyclical model tanked....

If you remember my introductory line at my other thread it says "A few weeks ago,I bought a book that improved my trading results,and helped me in building a new base of trading knowledge as to push me into asking the writer to allow me to explain several of his trade tactics."...AND I meant it.

Since I didn`t understand the meaning of your comments,I have to use the "IF" to reply to you..If you are implying that by any means the results I am posting at my other thread are manipulated,I remind you that I posted the investor password,and that most trades are posted a few minutes after the time of entry...if ,instead of the former,what you implied is that you didn`t understand how it was possible for both results(trebling and destroying accounts) to coexist,well,unfortunately they go hand in hand when a high winning rate is the companion of an unacceptable level of risk....but in this case they do not just coexist,My Christmas debacle led me to change my strategy,and the addition of chart patterns has been the key to keep it on the right track,that is why I wanted to share them,because I feel that everybody,newbie or experienced ,need them to trade with consistency.



jbfx,

Thanks for your kind comments ...No,I didn`t forget to put my stops,it was worse,I kept adding to the losing position,it was an unforgettable lesson in hubris motivated by the fact that I had had 24 or 25 winning trades in a row before the debacle(they are there at C2 for everybody to check),this led me to think I had an almost perfect system...which I hadn`t,so the market taught me a very expensive lesson.

You know ,everybody can destroy an account,and most of us have destroyed a few of them,what everybody can not do is have 24 winning trades in a row nor double or treble an account not even taking high levels of risk...I am guilty of ALL of them..Shall I keep what I learnt from these experiences for myself?This is a public Forum,but I have never raised the issue of my C2 accounts when things went well with them,it has always been another person to raise the issue when they started to go bad,or,as in this case,when they tanked...I don`t wonder why,usually it is clear as water ...

You know,I have always said I am a bad trader,and as long as I can destroy an account I will consider myself so,but I am working on it and trying to share what I learnt from my experiences ...and I intend to keep doing so.

To both of you...Thanks for increasing my motivation.

To everybody else...The fact that I have doubled,then halved,then trebled,then semidestroyed an account ,then showed a method that is steadily increasing an account Equity,derived from my past experiences...Adds or detracts value from what I have to explain at my other thread?Think about it,if you decide it detracts,avoid my posts like the pest,if you think it adds then you are welcome to ask any pertinent questions that can help you in avoiding some of the market landmines that are there for everybody to step on.

Regards
Simba

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Somos mortales hasta el primer beso..y la segunda copa de vino