Search results

Went long volatility in swing acct. L UVXY 23.01

IMHO trading 2 contracts with an account only slightly above 1k is a suicide. I think you should only trade 1 contract unless your strategy specifically calls for scaling out. I learned the hard way... Everytime I tried scaling up my size without having sufficient equity to back it up I lost. I...

Watching the market every day (and not just the ES). I'm also trading stocks alongside the ES. Yes it is based on PA, I don't use any indicators.

I've been trading the ES on/off for about 5 years... I have reasons to keep my stats private. I can say the following... I rarely make more than 10 RT's per day and most of the time I'm done by 11 am EST unless market conditions warrant further tradable action (Fed days, etc.) In the past I...

I doubt that he's swinging any real size... So far he's been lucky with his "long only, buy and pray" strategy. I am perfectly content averaging 4-6 ticks per day while gradually increasing my size, not the amount of points or trades.

Not referring to that at all :). I thought you were more of buy and holder rather than a scalper. I know how hectic things can get. Today for example, one of my trades near the lows got stopped out in less than a second after getting in... ES was instantly jumping 4 ticks at a time.

Not trying to criticize you for having a bad day... It happens to all of us sometimes. I was wondering if you have a set max daily stop loss? Looks like you were trying to press even though things were clearly not working out for you today.

Are you implying that you are getting into scalping business?

Stepan, Are you trading live or sim? How about marking entries/exits on the chart?

Phenomenal action on the ES this morning. Booked +12 ticks on 9 trades.

Closed both positions near the lows this morning: Exit TZA 14.85 (-.11) Exit UVXY 25.29 (+.96) Even though I took a small loss on the Russell due to poorly timed entry the trade worked out well as a pair.

+6 ticks.

Short 95.75 stop 4 ticks.

-4 ticks.

Short 01.25, stop 4 ticks.

+6 ticks.

Short 2005.50, stop 4 ticks.

Congrats on positive week! Even though I was mostly wrong in the second half of the day, I still made money. Any day when I book 4 ticks minimum is a good day :).

Out 99.50 +5 ticks.

Long 98.25, stop 4 ticks.