Search results

ES/NQ down again, ZF/ZN up again. Ka-ching again! Still holding.

ES/NQ down more, ZF/ZN up more. Ka-ching! Ka-ching! Still holding.

9/25/03 N = 14 X = $567 Sum(P) = $82 Stock market to the middle class is lottery to the underclass

Cable network still not fixed after 3 days (down in the whole town). And I am paying $50 a month for such crappy service! Left 3 GTC buy orders last night using dial-up. One was executed today.

9/24/03 N = 13 X = $540 Sum(P) = $125 Stock market to the middle class is lottery to the underclass.

Network down for two days now. Can only watch. No purchase.

ES/NQ down, ZF/ZN up. Ka-ching! Holding.

9/23/03 N = 13 X = $540 Sum(P) = $128 Stock market to the middle class is lottery to the underclass.

No purchase today.

This is the kind of comment that will be appreciated. :) Now, I think there is a problem in your suggested approach. Say I am trading USD/JPY with a spread of 5 pips. And I want to risk $50 on one trade. If I buy 10k, I am down $5 immediate after the buy due to the spread. Now if I increase...

I am not trying to prove; I am trying to improve. A mistake on 10k USD/JPY costs less than a mistake on 1 ES. That's the reason I am trading Forex. You know from my journals I have been mostly a "buy an hold" kind of guy. My core positions are still in "buy and hold" mode. Do I expect to make...

My current positions: short ES/NQ, long ZF/ZN, flat on YG and QM.

How can I trade FOREX better than ES/NQ? By trading smaller. I have said numerous times I do not like leverage. Under-trade is my motto. I am trading a mini account for crying out loud. The FOREX is a $$$TRILLION per day market? Yes, and? I don’t see how the size of the whole FOREX market...

This is the end of the experiment. I have drawn my conclusions. From now on I will daytrade Forex only. ES/NQ/ZF/ZN/YG/QM will continue to be traded on the weekly timeframe but no more daytrading of these contracts. During this experiment, I 1. lost ~$900 on 1 ES 2. made ~$100 on 1 ZF...

9/22/03 N = 13 X = $540 Sum(P) = $119 Stock market to the middle class is lottery to the underclass.

Added one ticket today.

Crazy market! Five of my 12 tickets are up more than 10% today. +17% +28% +13% +12% +32% respectively

Correction: 9/19/03 N = 12 X = $459 Sum(P) = $100 Two weeks up >20%. Crazy market, no wonder my 1 ES short stopped out.

Good thing perpetual lottery tickets don't expire.

9/19/03 N = 12 X = $459 Sum(P) = $78 Stock market to the middle class is lottery to the underclass.