MY DUE DILIGENCE

Since my last post I've spent time constructing a spreadsheet and I'd like to share my findings here with you.

Many, many months ago I spent $3,000 hard earned dollars on a portfolio of Scott's robots. What would have been great is to just be able to load them up, fund an account and watch them be profitable over time. I was REALLY looking forward to this, but alas, this is the real world and I try my best not to be an idiot consumer. Thus, I did my research and drug the whole process out even farther. Since TradeStation Forex accounts went down the shitter I've since gotten the MetaTrader versions of the robots. Thanks to the fact that I am not a total idiot and no longer trust Scott, I did some simple backtests and came to some startling results.  You will need to click on these images and enlarge them to see things clearly. A link to the PDF I created is right HERE.

Originally, in it's stock setting for the CADJPY, the robot didn't take any trades at all because the settings were set in a way that a trade would never take place... That's not the kind of attention to detail I want in a $3,000 multi-month hellish experience. I ended up using the original TradeStation settings on it. 

I'm getting really close to asking for a refund, and I hope to God he complies if and when I do. I really want to get my hands on the trend following robots and see as much data about them as I can. You only have 180 days to request a refund on PayPal, so time is ticking. 

Whoops

Just realized I have somehow deleted images on my Google account that were linked to the older posts in this blog... that's a bummer. Now, if I want to make things whole again I'll have to search the images by date of the post and see if I can figure out what the hell I was talking about. Some of the pics it seems aren't even on my computer anymore. Ugg...

On a side note, Scott Welsh has decided he does not want to work with me. It's a long story and I'll probably disclose it, but my hands are like icicles right now and it's hard to type.

Have a great weekend!

Fallout Xbox Complete and Trading Update

Finished the Xbox today and I love it!

Also, Friday I bought some HGSH just for the hell of it. I just looked at it again and It soared, so I put in a market sell order for Monday. Just pure luck, but funny.

Not much to post really. In terms of my real world trading, it's hit and miss. Mainly because I am not trading a tested theory. I have made money waiting every month for the Banking Rate trades, but this week I decided to just trade discretionary and I've lost a little each day. Still up about 2% but every time I come to the charts for non-news trading, I seem to walk away will less money in my account. The results show, and my emotions show, that I should just be patient and wait for my bread and butter days that happen a few days per month.

In reality, I really dislike watching the charts move so damn slowly. My analysis is generally right in direction, but my timing is off. And when I put some size on, in order to preserve capital I have to limit risk and take small losses quickly. That's what suits me best when trading a fast moving market during a rate decision, but any other time and I'm just watching paint dry, while losing money haha.

I am moving more and more into the feeling that I just want to be a guy who has robots trade for him completely. I am at the moment waiting for Scott Welsh to make some information available about his trading robots. It's going to cost me well over $2,000 but I don't know anyone else who has a portfolio of robots for sale. I'll keep you posted.

Until then, I'm just a house cleaning, youtube watching, dish washing, gym going loop.

P.S. Today I filmed a drug deal going on right in front of my apartment. Called the cops too... This makes the Third time in a week these guys have done the same shit.
Creepy Drug dealer