Recent content by eknollen

http://screencast.com/t/lLgNK2XIdMP Performance for the 14th. Note to self, you took a 2k drawdown needlessly screwing with entries.

http://screencast.com/t/YOZ9spzz was my performance yesterday. ETH did not really do enough of what I wanted to trade cash. A little lower and I would have got long, but that was the pop up I was looking to get from 59. This rejection looks very bearish to me. I am looking for a bigger drop...

that 77 is looking too aggressive, going to try to sell against 73.75 instead. A drop to 59 then reversal is the perfect scenario.

Tonight we've had a quick drop to 67.75. I am going to look for a bounce here overnight and sell into 77.0. If we dont get a bounce overnight I will be looking to buy 59, and failure of 59 i'll go flat. If we do get a bounce as I said i'll be selling into 77.

haha. Well, I did get that short at 80, and covered at 68, went long, and got out quick. I bought the low at 63.75 so all was good but the way US Cash opened I covered my long and tried shorting against 72 expecting a new nominal low at 58 before a pop. I got tunnel vision in this and made a...

this is the results from the 9th. http://screencast.com/t/dBMziBaJG Poor execution... Was undisciplined in trade management as is obvious by my average time in them. Unfortunately stopped before that 88 short.

Trade plan for 11/9/12 Early ramp up in Asian session off lows expected, but way too deliberate for me. I am looking to fade this bounce and sell up against 83.5. I want this to act as resistance for a retest of lows and ideally a new low where I will be heavily long back up to 87.75 where I...

11/8/12 Breach of 88 into vacuum area expected to yield at least 76. 73.75 would fill air pocket. Anything below 1406.75 is bearish, and I will attempt to sell 27 if I get confirmation, and hold it for that retest of low. Any new low below 1384 gives us low 70's. I will seek to cover short...

Trading in increments of 5 cars, up to 15 maximum in a single position. Normally I stay in a single 5 car position. I blew up some time ago because I failed to respect my trading plan. Now i'm one of those people that can make money trading but doesn't have any. "Yes, we exist". Anyway, while...

Proper risk management is counterintuitive and uncomfortable. It is more comfortable to take a profit than a loss, so losses tend to be bigger than profits for most people. If you go blindfolded, and randomly buy or sell with 1:1 risk/reward you will be correct 50% of the time, so it's easy...

First of all, you will not make money riding someone elses coat tail. Successful traders have suffered through bad times long enough to figure out what works for THEM. What works for some guy you're watching wont work for you. Do not copy what anyone else does... Yeah, you can learn from people...