P3tr4's Blog

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Still trading

Last week did not end so well, my account dropped from 73k to about 50k...i tried to trade the non-farm payroll, very bad idea...well, another thing to learn...
looks like i have my work cut out for me..
well, i relish the challenge...
Hope you all are having a spectacular weekend...
have a good weekend folks!!
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PPandM 11 Jan

Wish you a speedy recovery ;)

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Finally!!

I have finally pulled ahead of my trading strategy.. ..
this week's profit is at 56%..i am quite happy with that.. ..gonna take a break and prepare for the weekend..
My strategy in strategy contest is still at 37%...so i guess the human is better after all..
My poker hand is also getting wicked..
finished top 10..
my article is also finally ready..it took awhile, but i finally have it..here is the link:
http://www.dukascopy.com/fxcomm/fx-article-contest/?Riding-Price-Momentum-Using-Dmi&action=re…
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JuliaBF 7 Nov

Well done  P3tr4! Congratulations and Keep it up!

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TRADER OF THE YEAR!!????

The new trader of the year is stripedcat07...
I don't know who he is, but the news says he is the new trader of the month..Why???
Because he has the highest monthly average profit, that's the criteria for the award. I got curious and did some checking.
From January 2013 to the current month, stripedcat07 ended the trading contest with his account over a 100k 3 times.
April 2013 - 758k
May 2013 - 924k
August - 263k
this is his current standing for April 2014
How do you win the trader of…
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CommunitySupport avatar

Winner:Every 3 months, 6 winners are determined according to their position in the "Contest standings" in the 6 and 12 month nominations. The key to success is high average profitability. In future we might also include the Signal Provider subscriber count as the 2nd criterion.Average Profitability (%) = (Total P&L / (100,000 * n)) * 100%, where n is the number of months in the respective period, including the current one.

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I don't know how stripedcat trades but he is obviously good if he has got the title and the title was given for 3 months . its a quarterly contest.  As community support said every 3 months 6 winners are determined.  I think instead of looking at one bad month or few bad months we should look at his cumulative performance cause that's what matters in this contest

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April 8th!

Today was definitely unlike yesterday...Crashed out of the poker contest..
I really need to work on my poker face..
Well, back to other matters...On the trader contest, guess who is number 40??
My strategy is working wonderfully, with my GBPUSD trade currently at 80+ pips....check out my article for system description, My goal is consistent profits...
the link to the article is below:
http://www.dukascopy.com/fxcomm/fx-article-contest/?My-Golden-Cross-Strategy-Journal&action=read&id=1870#read-ar…
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