Search results

Hi def, Actually didn't start looking at the charts until just after the sell off. My first entry at 9:12pm @ 9174 was a little late... Happy New Year to you too!

Type B/S Time OP Price OP Time CL Price CL Points MHI BOT 9:12 9 174,00 9:13 9 190,00 16,00 MHI SLD 9:25 9 198,00 9:27 9 213,00 -15,00 MHI SLD 9:29 9 202,00 9:33 9 192,00 10,00 MHI BOT 9:38 9 193,00 9:39 9 203,00 10,00 MHI SLD 9:48 9 208,00 9:49 9 219,00 -11,00 MHI SLD 9:51 9 217,00 9:53 9...

Beck link in order?

Check out this guy: http://www.daytradertoad.com/oldspread.html He's got a great track record. Mainly daytrades. (I'm in no way connected/affiliated to him)

Thank you x-or and def for your comments. I will not be trading today (and yesterday) due to work stuff. Hope to be back tomorrow.

Type B/S Time OP Price OP Time CL Price CL Points MHI SLD 9:25 9 278,00 9:30 9 283,00 -5,00 MHI SLD 9:34 9 283,00 9:39 9 277,00 6,00 MHI BOT 10:00 9 270,00 10:02 9 277,00 7,00 MHI SLD 10:09 9 275,00 10:16 9 272,00 3,00 Total:............. 11,00 After about 22:10pm (11:10am local)...

Type B/S Time OP Price OP Time CL Price CL Points MHI BOT 9:49 9 462,00 9:51 9 451,00 -11,00 MHI BOT 9:54 9 442,00 9:55 9 427,00 -15,00 MHI SLD 10:01 9 435,00 10:10 9 418,00 17,00 MHI BOT 10:14 9 400,00 10:16 9 414,00 14,00 MHI SLD 10:21 9 415,00 10:26 9 427,00 -12,00 MHI SLD 10:29 9...

Type B/S Time OP Price OP Time CL Price CL Points MHI SLD 9:16 9 541,00 9:18 9 545,00 -4,00 MHI BOT 9:18 9 545,00 9:27 9 551,00 6,00 MHI SLD 9:32 9 570,00 9:36 9 568,00 2,00 MHI SLD 9:38 9 565,00 9:44 9 553,00 12,00 MHI SLD 9:46 9 557,00 9:58 9 567,00 -10,00 MHI SLD 10:05 9 559,00 10:14 9...

Hi NihabaAshi Since paper trading, I don't use fix stops. Exit was made more of a feeling like you're saying "good spot to stop the pain". I have noticed that several times during the (later) day the NQ was moving within horizontal channels. This was the reason for the 2:40 long entry...

Trade # Type B/S Time OP Price OP Time CL Price CL Points 1 NQ SLD 1:27 1 027,00 1:32 1 025,50 1,50 2 NQ BOT 1:47 1 024,00 1:49 1 025,00 1,00 3 NQ BOT 2:04 1 022,50 2:05 1 021,50 -1,00 4 NQ SLD 2:06 1 022,50 2:10 1 021,00 1,50 5 NQ SLD 2:12 1 022,00 2:14 1 023,00 -1,00 6 NQ BOT 2:40 1...

rgowka, riskless & tradersaavy thanks for your input. I checked out the Hong Kong market earlier today. They seem to have a fairly good liquidity in the HSI & MHI futures contracts. IB makes it easy to trade HK. Tokyo could also be worthwhile investigating. Is there a liquid futures market...

Hi NihabaAshi, I have a wife and a 2yo daughter. I need a steady income to support them. At present it would not be possible to move to another timezone. Jop hopping might be easier... Also the suggestion looking at other markets might be worth looking into. Thanks, Jocke

nitro, thank you for the realistic enlightenment. It seems that you have a great deal of patience. I starting to realize the importance of just that.

Hi ewile, thanks for the tip. Seems like a system worth trying. What would you do if the high or low of the day occur at 10:05 when you place your order?

LOL. I envy you.

My ultimate goal is to become a full time trader. Right now I'm developing my plan and strategies. At present I only paper trade. As a result I have to work at a "regular job" (non financial) for income. Also once my strategy becomes successful, I will have to trade at work before I could...

Trade # Type B/S Time OP Price OP Time CL Price CL Points 1 NQ BOT 1:51 1 024,00 2:01 1 023,00 -1,00 2 NQ BOT 2:08 1 022,50 2:30 1 023,50 1,00 3 NQ SLD 2:31 1 025,00 2:36 1 026,50 -1,50 4 NQ SLD 2:43 1 025,50 2:45 1 024,00 1,50 5 NQ SLD 2:59 1 028,50 3:00 1 027,50 1,00 6 NQ BOT 3:11 1...

I agree. Could ever trailing stops be a good "solution"?

1. 1 minute on 30-minute chart. I'm using Quotetracker with data from IB. Will have to do for now. LOL. 2. If I find a conveniently way to do so. Any suggestions? (have MetaStock) 3. Using my paper trading to develop plan. 4. Yes 5. I think I will do on average 10 r/ts per day. Scalper? I...

Magna, Actually this analogy fits quite well with my life. Being in my early thirties with a wife and 2yo daughter with everything included (house cars etc) there is more at stake for me than "some dollars in your brokerage account".