Recent content by HSI_Trader

Hi SuperLimitUser, I was up about 600 points in the AM session on Jan 24. I was long before that 1000 points smack down, my stop order didn’t get me out. I manually exited with an 800 points loss. The worse thing was that my stop was filled when the swift 700 points’ bounce started. My...

Hi doubletrouble, Thanks for your suggestion. I don¡¦t think my normal setups for the HSI would work for those high volatile days. So I traded the way I used to trade an half year ago. P/L per trade was much bigger at that time. I lost about 550 points on my last trade yesterday. When...

It¡¦s shameful to say it again that I violated my promise that I won¡¦t trade today. To be honest, I still post here my today¡¦s two trades. I lacked discipline in past and still lack discipline now. I only hope that I¡¦ll gain more discipline in the near future. Otherwise, I know that...

One more trade yesterday: 2008-01-21 14:57:54: B (1) at 24023.0, 2008-01-21 15:01:56: S (1) at 24084.0, P/L = 59.8 Hi neverknow, Thank you very much for your advice! Your suggestion is what I want to follow. Thanks again. I watched the HSI¡¦s open for a few minutes, I thought I...

Hi Iceburrg, Thanks for your encourage! Both of my setups and money management rules have been evolving. I hope that I may get them to a relatively stable status some time later this year. I followed to my rules and made only four trades today. I saw the weakness of HSI at open and went...

Thanks all for your valuable inputs. I have been thinking your suggestions, comments and questions. I think that I should honestly answer the following questions to myself: 1. Do I have a qualified trading plan? I have a trading plan. However, it may not be a qualified one as ET99 pointed...

Hi ET99, First of all, I highly appreciated you for your advice and your comments! An experienced and very disciplined trader may grasp most of the opportunities that the market offers without using rigid risk control rules. I am far away from reaching that. As a learning trader, I try...

Hi ET99, My rules are about all about risk control, nothing related to the market opportunity. My setups for enter and exit is related to the market opportunity, such as trend continue or reverse, etc. As you pointed out in your last post, I need to have clear setups even if I cannot...

I violated my rules and placed another trade last night. Luckily it was a winning one and I got my money back. After completing that trade, I feel very bad because I violated my rule again in less than a couple of weeks since I resumed trading this year. I told myself that I must force myself to...

Hi ET99, Thanks for your advice. I have been thinking how to summarize my trading method, unfortunately I don't one yet. I think I may have a chance to survive by discretionary trading provided I stickly follow my money management rules. After analyzing my previous trade records, I...

I made many mistakes today. My loss exceeded my daily limit. My mistakes were: 1. Not patient enough to enter a position, 2. Too excited about INTC after hour¡¦s drop, 3. Overtraded. I¡¦ll take tomorrow off and try to cool down my mind about trading. Trades: 2008-01-16 09:59:34: S...

I was out of sync with the HSI market this morning. I tried a few times to pick a bottom. All my setups were failed. I didn¡¦t lose just because I got out my unsuccessful trades pretty quick. However, it was a really risky play I remind of myself. I didn¡¦t want to gamble anymore and call a...

Hi apex82, Gald to learn you are in vic as well. IB datafeed seems ok to me (my account is on IB's HK server). HSI slippage or bid-ask spread is large, so I use stop limit order to get me out a bad trade. You can imagine, it doesn't always work.

It is too hard for me to describe why enter and exit my trades in English. I I'll post a chart instead following ET99's suggestion. ET99 has much better looking charts than I do. One more trade for last Friday's PM session. 2008-01-11 14:49:41,E (MAN),B (1),26848.0,0.0,102.0 2008-01-11...

Most Asian markets were surprisingly weak taking into account the last two days¡¦ rally of the US market. It is a very unusual situation. HSI was the strongest one in the first hour of the morning session among the Asian markets. I entered long four times, two winning and two losing...