Search results

Just sold all my position at 912.75. I am flat and want to get long. After going over my indicators I pay attention to we are overbought and gettting more overbought. Usually we have a pullback after the S&P has moved 3% or more on a FOMC announcement. I'm looking to buy back at around 877...

Sold half my position a few minutes ago at 914.25 which was purchased at 859.5. Total profit so far is 131 points. Stop moved to 839. Sooner or later I will be stopped out. Will look to buy around 875. DMartin

11-17-08 07:51 AM I just bought ES at 854 with a stop at 698.5. The stop represents 1% of my TNW. 11-17-08 09:56 AM Sold 2/3 positions 877.75 11-17-08 10:45 AM Back to full position at 862.5 11-26-08 12:30 PM Sold half position at 883.5 12-02-08 07:14 AM Bought back half...

The manner in which you have been trading has taken your money management (2% of TNW) system right out the door.

Buy1Sell2 Trades--go figure! 12-02-08 06:56 AM Short one contract at 795.00 Initial stop 1075.00 Maintaining the stop here at 1075.00 Adding an additional 19 at 869.75 with the stop also at 1075.00 Total of 20 contracts short. --Stop remains at 1075.00--I will be keeping this...

PS Saliva: If I get stopped out at 729 my risk at this point is probably around 1/2% of my TNW since I've taken profits along the way and have moved my stop up. I should figure it out exactly but haven't taken the time. DMartin

Saliva: I do not know what the market will ultimately do. My research told me last night as I communicated to you that I was anticipating a move down. I still think the market will hold above my stop (729) but only time will tell. In addition, my analysis could have been wrong and then I...

12-03-08 06:18 PM Sold half my position a few minutes ago at 865.5 which was purchased at 833.5. Stop is still 729.5 and hopefully will be able to buy back at around 800-810. Changing my buy to around 817 for the other half of my position. DMartin

My intention is to buy it back and I absolutely could be wrong. However, I if my "edges" are correct this time I will do well. And I suppose, like Pekelo communicated it doesn't hurt to take some profit. Part of my reasoning is the ES has moved quite a distance in a short time, it wasn't able...

Sold half my position a few minutes ago at 865.5 which was purchased at 833.5. Stop is still 729.5 and hopefully will be able to buy back at around 800-810. DMartin Here are my other trades which started 11-17-08 11-17-08 07:51 AM I just bought ES at 854 with a stop at 698.5. The...

11-17-08 07:51 AM I just bought ES at 854 with a stop at 698.5. The stop represents 1% of my TNW. 11-17-08 09:56 AM Sold 2/3 positions 877.75 11-17-08 10:45 AM Back to full position at 862.5 11-26-08 12:30 PM Sold half position at 883.5 12-02-08 07:14 AM Bought back half...

11-17-08 07:51 AM 11-17-08 09:56 AM 11-17-08 09:56 AM 11-26-08 12:30 PM Bought back half position which was sold at 883,5 at 833.5.

Quote from Buy1Sell2: 11-25-08 08:38 AM 11-24-08 07:07 AM 11-20-08 08:31 AM Short one contract at 795.00 Initial stop 1075.00 Maintaining the stop here at 1075.00 Maintaining the stop here at 1075.00 Adding an additional 19 at 869.75 with the stop also at 1075.00 Total of 20...

Ammo: I am not bashing traders when (IMHO) I ask legitimate and appropriate questions and receive no answers. The issue of what is a "good contribution" is also very important and yet what that contribution is remains the critical question! DMartin

Sounds like you need some assistance. A strategy you might take a look at and has been trading quite well is trading the ES since the late 2007 and playing the relative performance between the ES and the XLE (energy sector). DMartin

Your grammar is a bit hard to follow. Nonetheless, the time I sold today the market was trading at around 883 (check the time I sold half my position) not 833 so sorry for the mistake in my typing. I have shared each trade I made with time stamped so if that does not suffice so be it. I am...

Saliva, I live in Palo Alto, Ca. went to Berkeley where I did my under graduate and graduate work in applied mathematics. I started trading in San Francisco in the later 80's and now trade at home. Most of what I read on this blog is pure crap and I dare say few if any of these would be...

In my last post it wasn't a mistake that I sold 1/2 my position at 883 but in my previous post I said I sold my position at 833. DMartin

1. My stop has been raised to 729.5 and represents close to 1% of my TNW 2. You are correct, I do give Buy1Sell2 a hard time because he does a disservice to his would be students. His trades are random and he does not communicate why he is doing what he is doing. His approach does not...

Mistake: Sold half position at 883.5