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Old 03-20-2009, 03:58 PM
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Kenny Rogers Kenny Rogers is offline
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^ Hello Mr. Turtle,

Yes, that is the beauty of math. I believe in statistics. And I believe the US Fed announcement was a main problem because the system put on breakout straddles, and one side was going to get killed when the news got out. So it is really a random event that caused the drawdown. However, straddles are not my favorite at the moment, LOL. I see the last 2 position is fully hedged at the moment. Not exactly sure how we are going to get out of that. Overall, this week could have ended much worse if Mr. Turtle did react properly to the news, but he did an admirable job of hedging the runaway positions and kept the ship afloat in this terrible storm. It says to me that this guy is a trader and understands how to trade when things are not going right...which a lot of other people might freeze and blow up in the same stressful conditions. Yes, it is a setback, but I'm hoping it will recover.

My manual trading is going well. I added another $800+ to the ship last night, I was harpooning for whales and got lucky. And all of my manual trades are closed at the moment.

The ship looks stablized, so I'm done manual trading this week. And boy, what a week. Some crazier action that I've seen in a long time.

Here is the summary http://www.forex-tsd.com/268529-post249.html

My equity ended at $12.9K (including the open drawdown). It ended last week at $10.6K. That's another +21% increase for this week.
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Last edited by Kenny Rogers; 03-20-2009 at 04:16 PM.
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