Recent content by smilestraders

A good day. Just 1 trade, but caught a good one. Made +3, +2.5, and +10 for a total of +15.5 points on 3 contracts. The account spreadsheet has been updated., and the account stands at new equity highs. https://spreadsheets0.google.com/ccc?key=thrcxt0fR2m7S8cqMQmu7yw&hl=en#gid=0 Smiles

As with the last live session day: We will do our best to post the trades real time on facebook, but the live session will be given priority. Just wanted to give everyone a heads up, if the posts seem to be a bit behind. Also, updates to the trading log and responses to this forum will be...

Hello all, We will be hosting another free live trading session on wed august 18. If you are interested in attending email us at smilestraders@gmail.com. Have a good weekend, Smiles

Deaddog, Good question. We appreciate the opportunity to elaborate. The market action that you look for will depend on your trading strategy. One of our strategies includes trading divergences, and we have developed something that shows us good divergences. (DISCLAIMER: WE ARE NOT...

This journal has been running for a little over a month now. We truly appreciate the legitimate (ie reality based) posts, those that have critiqued, praised, encouraged, and asked questions. We appreciate the opportunity to help other traders, and are glad to hear that people are enjoying the...

JS, We trade for a living and our first priority is trading. As we are trading we also publish the journal on facebook. Posted are not always immediate on facebook. This can be due to us trading and/or the facebook servers themselves. Regarding stops in general: The market is an ever...

Daily Summary for Thurs 07/29/2010: L 1104.5 exit 2 1108.50 exit 1 1106.50 Total +10 L 1105.75 s/o all 3 1102.50 Total -9.75 L 1090 exit all 3 1093.50 Total +10.5 A good day. Total trading 3 contracts +10.75 points, +3.58/contract.

Daily Summary for Wed 07/28/2010 L 1108.50 exit 1 1110.75 exit 1 1110 exit 1 1109.75 total +5 S 1109.75 exit 1 1108.50 exit 1 1108.75 exit 1 1107.25 Total +4.75 L 1105 exit 1 1107.75 exit 2 @ entry total +2.75 Total for the day +12.5 points trading 3 contracts. We stopped early this...

Daily Summary for Tuesday July 27th Just the one trade today: L 1111.75 s/o 1110.75 -3 total Smiles

Lucky, Yes, the day really didn't cooperate much in the afternoon, so luckily we did well in the morning. 1) The first short was in the globex, but the second one as in the pit session. 2) We use the 1220 tick, 60 minute, daily, weekly, monthly. But primarily the 1220 tick and 60 minute...

Thanks Creekboy, Hope that you're learning something along the way also. Smiles

PCP, We felt this concern had already been addressed previously as the first journal entry said. The goal is not to start a service. "My goal is to show that it is not impossible to achieve decent success with modest capital available." The live sessions have shown to be helpful and...

Today's live trading session went well. The market didn't cooperate too much in the afternoon, but we were able to pull out some profits before lunch. Daily Summary for Monday July 26th, 2010: S 1103.50 exit 2 1098.50 exit 1 1102 +11.5 total S 1100.50 exit 2 1098.50 exit 1 1099.25 +5.25...

During the live session on monday, we will do our best to post the trades real time on facebook, but the live session will be given priority. Just wanted to give everyone a heads up, if the posts seem to be a bit behind. Smiles

For Friday 07/23/2010: SHORT 1090.75 +2, +4.75, +3 LONG -1.5 all 3 contracts Total +5.25 points trading 3 contract. Weekly Summary: The account grew by $412.50 this week. We traded 2 contracts to start the week and then moved back up to 3. We will be trading 3 contracts during the...