Time Marches On (Lanie Hill)

UPDATE: SEPT 2019 - Starting a youtube channel - yes i'm still trading - come and subscribe to the channel - you might learn something

https://www.youtube.com/channel/UCpvAY7A0so_s8-9WYuzymJw

***old post below***

eurcad closed on stop at BE, took +52 on eurgbp

Results for March 2009 +609 pips on closed tradesResults so far for 2009 +942 pips on closed trades.

results live on this blog since Oct 23 2008 +4873 on closed trades

ANNOUNCEMENT

I'm sorry folks, but the recent tosser attack has forced me to question my motives for posting here again and since then i've taken trades without posting here on time because i've lost the motivation to. Ive had another eurgbp trade today and havent posted it which is long by the way from 9312 sl now at 9332.

It's just been one more attack from one more tosser wannabe jealous trader.

Over the years i've had lots of them. In the past they kept to the forums and attacked me there, and now theyre coming to the blog - I even get emails from the wankers.

I understand how hard it is to get a foothold in this business so i've given them lots of slack. But I now find that I just can't be bothered even with this blog anymore.

I have nothing to prove anymore. I'm still here after 7 years and i do what i do and do it as well as i'm able. the proof is in these pages which document much of my trading career.

I will continue to trade my way and make my money. But i'm going to take a holiday from the blog and for how long I have no idea. I may never return or i could just be away a short while.

I just can't find a reason to post here anymore nor a motivation. Through the years i've trained a lot of people and very few of them are left around who trade. I do have some close friends who are still in the game but they, like me don't bother with the internet thing anymore either.

The whole reason i started the longer swing game was because i've taken up a new challenge which consumes my days and i very much enjoy that. My long days of screen staring are over and they did pay off but I no longer want to do that, I have better things in my life now which actually make a difference in the world.

Keep checking back if you like, at this moment I feel like just deleting the whole thing but then i guess it can stand here as some lessons to a select few who can read between the lines.

I hope that some of you make it in trading and make some serious money.

As a closing bit of advice i'd suggest that you don't study too hard - indicators really are bollocks, systems don't work for long enough to matter and risk management is all there is left.

If you win then it's luck, there is no skill in this game - it's how your capitalise on that luck that matters - get on the horse and dont get off till it's stopped running you way. but only get on the horse when it's close enough to the start so that you know when it's running the other way.

basically short stops, long profits and newtons law - a body in motion tends to remain in motion until acted upon by an opposing force. Go with the flow.

Stay Lucky.

Bye for now.

Soultrader 26 March 2009

UPDATE: SEPT 2019 - Starting a youtube channel - yes i'm still trading - come and subscribe to the channel - you might learn something

https://www.youtube.com/channel/UCpvAY7A0so_s8-9WYuzymJw

stops moved

EURUSD SL MOVED TO 9230

EURCAD SL MOVED TO BREAK EVEN

stay lucky!

sorry, site was acting up - here are trades from last night and this morning - profit column is pips, both positions are short

new week

heres the current sp

CHFJPY CLOSED BREAK EVEN

EURGBP CLOSED ON STOP - POSITION 1 +419 POS 2 +231 TOTAL +656 PIPS. remember this is a 1.4X pair so thats like 900+ pips on the balance - if you don't know what i'm talkign about look back a month or so to "all pips are not equal" or whatever i called it.

EURJPY SHORT PUNT KICKED IN @130.80

SECOND PUNT SHORT USDJPY@96.77 SL 100 PIPS worth a go a think but a spec punt based on pullback and last thursdays high as a sympathetic level to break. I did think twice about this because of the exposure of my EJ trade and may consider a hedge if I see one worth taking on the other yen pairs.


Results for March 2009 +557 pips on closed trades

Results so far for 2009 +890 pips on closed trades.

results live on this blog since Oct 23 2008 +4821 on closed trades

SL MOVE EURGBP 0.9370 ON BOTH POSITIONS

SL MOVE EURGBP 9190 ON BOTH POS.

somemay be thinking why hasnt he got other positions - havent seen anything i like, but note that eurgbp is a $143 per pip per mio pair and i have two standard positions open.

stay lucky!

NEW TRADE - SHORT EURJPY @ 130.80 IF SEEN, SL 100 PIPS

sl to be on chfjpy

getting interested in shorting eurjpy - gotta turn first tho

someone asked earlier if i thought this was the time for things to turn for me.

I certainly hope not is my answer - over 4100 pips in less than 6 months will do me anytime. that's 36% on account in six months. of course the questioner may have an account with fuck all in it so 36% of fuck all isnt so impressive - mine and my clients results arent on fuck all and are therefore quite impressive.

he then asked if a drawdown of 1500 pips bothers me or if it's par for the course

My answer is that all is going to plan, im still trading and i'm still here after many years. you can't make an omlette without breaking eggs.

If you play the 5 minute chart then a drawdown of say 100 - 200 pips would be par for the course. - I trade the daily and sometimes weekly chart - a drawdown of several thousand pips would be par for the course. If i played the monthly i would expect regular 5000+ pip drawdowns.

he asked if my thoughts would be the same if i was using leverage

my answer is i dont know, because i dont use leverage.

he asked if i questioned my 'system' at 1000+ pip drawdowns

my answer is this - I dont use systems, I manage risk.

He said a lot of things in a earlier post that were quite detramental to me - that post was deleted. he said that i get angry when up against the wall - my answer to that is no i dont because that would denote that i cared about the money and i dont.

my last answer to him is fuck off for good this time and leave this blog for people who have respect for a trader that's traded more money than you will ever see.

For those left behind......

News:


GBPUSD closed +207


Results for March 2009 -99 pips on closed trades

Results so far for 2009 +234 pips on closed trades.

results live on this blog since Oct 23 2008 +4165 on closed trades

question, would you be unhappy with that? my clients would be happy with that percentage in a year. as luck has it they get more.

so Stay Lucky.

STOP MOVE GBPUSD 1.4035

CLOSED ON STOP USDCHF -53 PIPS

Results for March 2009 -306 pips on closed trades

Results so far - 2009 +32 pips on closed trades.

NEW TRADE CHFJPY SHORT @ 83.70 IF SEEN SL 86.35

STOP MOVE ON BOTH POSITIONS ON EURGBP TO 91.30 (REMEMBER 2ND ORDER IN FROM 5TH FEB order place)

no further changes

stay lucky

STOP MOVE GBPUSD 1.4242 BREAK EVEN
STOP MOVE USDCHF 1.1730

stay lucky

FYI these are the current trades - same as before but with the addition of a usdchf position

EURGBP LONG 0.8951
GBPUSD SHORT 1.4242
USDCHF SHORT 1.1677

considering locking in break even on cable b ut not yet.

EURJPY CLOSED ON STOP FOR -253

Results for March 2009 -253 pips on closed trades

Results so far - 2009 +85 pips on closed trades.

crap year so far but then it could all change in a heartbeat - well, a month then :) - wait till you have a crap year till december and make it all in one month for the year - it happens!


bye

Amendment for last month

Results for February 2009 -1209 pips on closed trades

Results so far - 2009 +338 pips on closed trades.

This was -9.2% for the month (remember not all pips are equal - see earlier post on this subject) thought it was more but when the calc came out it wasnt.

tonight:

STOP MOVE GBPUSD 1.4330

NEW TRADE EURJPY SHORT 121.85 SL 124.30

enough for now, stay lucky :)

for some reason last night i couldnt post here - dns problems with my isp i think

sorry this is late

STOP MOVE EURGBP TO 0.8770

NEW TRADE SHORT GBPUSD1.4242 SL 1.4430