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  1. NoDoji

    Trader P/L 2010

    +$212 Day +$336 Week 1 trade, out of office for the rest of the day. Have a good weekend all!
  2. NoDoji

    To Traders who are actually profitable

    No. Each IQ pt above average (100) adds a minimum of 4 months to the mastery of trading. Add to that a big ego and you're in the "99% failure" club.
  3. NoDoji

    Question from a newb

    You want a bracketed order, one cancels other (OCO). This allows you to have a stop loss and a limit order. Whichever order is filled first, the other order cancels.
  4. NoDoji

    NoDoji's Day Trading Log

    Yes, this is how you catch the big moves, as demonstrated in my experience on 1/11: Thing is, those trend days don't happen all the time. We've had many days of chop and range, so as Hog likes to say, ringing the cash register several times works very well, too. The important thing is to...
  5. NoDoji

    NoDoji's Day Trading Log

    I only use a 5-min chart for ES (which I haven't traded in a while anyhow) and as far as I know Hog only uses the 5-min chart to for entry, management, and exit. I very recently started using a smaller time frame to get me into trades more quickly. I like to take advantage of moves within my...
  6. NoDoji

    NoDoji's Day Trading Log

    + $190 Short AMZN @ 119.48, pullback from HOD when sellers came in at overbought, stop just above HOD, hit for -$41. Short AMZN @ 119.68, when a bearish engulfing candle followed a pullback from a double top; covered @ 118.36 pivot off LOD (forming a double bottom) for +$130. I was very...
  7. NoDoji

    Trader P/L 2010

    + $190 Only 3 100-share trades during the open, perfectly taken, perfectly managed. Gone most of the day and the end of day was too choppy for me.
  8. NoDoji

    NoDoji's Day Trading Log

    Yes, we're going live this week. Tried on Tues and an API was missing on the live system. Yesterday everything was a go, but there was an account minimum programmed in and the test account didn't have the req dollar amount, so no trades. I think that should be remedied today or tomorrow. The...
  9. NoDoji

    Weinstein Trading and Fading

    Goldman Sachs just raised LXK from "conviction sell" to "sell", so you were actually ahead of the game, selling it yesterday but not having the conviction to hold overnight :D Mr NoD started the ATM yesterday morning and it did what it was supposed to do - not trade. Turns out he had a...
  10. NoDoji

    Weinstein Trading and Fading

    I need to figure out IB stops, too. In the past couple weeks I had a trade stop out without price so much as moving near it in booktrader; then the next day I think it was, same stock, I had price go right past my stop and keep going. A lot of good that does for risk mgmt! I can understand when...
  11. NoDoji

    NoDoji's Day Trading Log

    No way! Jack, you are my STOP LOSS inspiration! I asked you a couple times about stop placement while we were trading HOTT early last year and after I blew something like a third of my profits with a ridiculous stop loss placement, your replies to me were etched in my brain forever (actually...
  12. NoDoji

    NoDoji's Day Trading Log

    I prefer to take profits and get back in if the retrace holds up where it should. Problem is, I often fail to get back in. I mean today I started out looking for AAPL to signal to the long side, hesitated on initial setup, then never even entered on any of the retraces. I still have a mental...
  13. NoDoji

    NoDoji's Day Trading Log

    That's exactly what it was and what a mess. Yes, most recently on 12/3, 1/11 and came pretty close on 1/21. I'd expect to average $1000/day if I was a seasoned pro, had full confidence and eliminated all my noob mistakes. Working on it. OK!!! BANG!!!
  14. NoDoji

    Automated trading on Direxion mutual funds

    Because the robot will open a secret Swiss account, transfer your gains into it, then steal your girlfriend while you're passed out on pina coladas. TJ will surely confirm this.
  15. NoDoji

    NoDoji's Day Trading Log

    My trading account is around $50K. If I was a pure t/a guy (gal, actually), I'd be rich. Unfortunately, I continue to think while trading instead of just trading every technical setup. Friends don't let friends think and trade :D
  16. NoDoji

    Trader P/L 2010

    + $134 Better day tho a few mistakes cost me $250+
  17. NoDoji

    NoDoji's Day Trading Log

    + $134 My main goal was to trade small, and trade smart, only taking MY best setups. I also set an alarm for 9:30 (my time) to alert me to take the dog to the park, because I NEVER gain anything worthwhile trading between 9:30 and 10:30. AAPL on watch with a long bias if price found...
  18. NoDoji

    NoDoji's Day Trading Log

    The main mistake was giving in to overtrading in an attempt to make up for what I didn't get early on. I sort of went into trading frenzy mode, which has NEVER worked for me in the past. Basically, I strayed from my daily trading plan. I'd rather have a day with no trades, or wait for the...
  19. NoDoji

    NoDoji's Day Trading Log

    Hey PA, Thing is, I do have a solid strategy. I need to simply wait patiently for the setup to become ripe: it sets up in my time frame, I'm not fighting the trend (unless the trend is tired and I'm looking at a counter-trend setup), and the market direction supports the trade. All I have to...
  20. NoDoji

    NoDoji's Day Trading Log

    Out of 55 round trips, there were 23 longs and 32 shorts. My 3 most profitable trades were shorts; everything else was chop, churn, chase and slippage.
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