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  1. G

    ES Journal Archive (2011)

    as you said, it has reversed :)
  2. G

    ES Journal Archive (2011)

    moved stop to 1244, target same
  3. G

    ES Journal Archive (2011)

    pretty confident in this trade, so giving more room...stop at 1241
  4. G

    ES Journal Archive (2011)

    stop 1243, target 1252
  5. G

    ES Journal Archive (2011)

    long 1245
  6. G

    ES Journal Archive (2011)

    israel attacking iran ??? if that happens, gold should shoot...
  7. G

    Increased or decreased risk with adding strategies and boredom etc.

    I am only saying that as number of trades increase (either within a time interval t, or in any time), the system will experience a drawdown > max historical drawdown. A thought experiment ill probably help here: Let us say your backtests have 1000 trades and your largest losing streak (you can...
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    Increased or decreased risk with adding strategies and boredom etc.

    yes in a specified time period. pretty simple, more # of trades mean more chances to have losing streaks so sooner or later you will hit a DD which will be larger than your historical max DD Yes, exactly, more # of trades with an edge means faster compounding and faster account growth but it...
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    Increased or decreased risk with adding strategies and boredom etc.

    Few things for you to kindly note: 1. More strategies means more number of trades which naturally means deeper drawdowns. Remember, max DD increases monotonically with number of trades for any one system, so an analogous result will hold for system of systems also, if you are taking trades...
  10. G

    Successful Trading and Compounding

    Update for week 15 ending Nov 11, 2011 : -300$ for the week. Last week I decided to move all my ES trading to sim. Broke the rule, lost 500$ trading ES in live account. So, again had I not traded ES, I would have been up 200$ for the week. Now, as a control system, I have asked my family...
  11. G

    ES Journal Archive (2011)

    ES 4 round trips today, lost 1.25 points + commissions. Done for the day. Initially traded euro when the big runup happened. so made some dough there.
  12. G

    ES Journal Archive (2011)

    Good points LF about the TICK and especially about that this price action has the potential to churn your account. Good Trading.
  13. G

    ES Journal Archive (2011)

    question: is the last push over, or is it still continuing in the sense that price is taking a pause here before bursting higher ?
  14. G

    ES Journal Archive (2011)

    market is up 2%, but there have been days before when market has closed much more than 2%. Its hanging here and not selling off for last 2 hrs (if you don't consider 3-4 points move down a selloff). I guess there will be a burst of buying once the afternoon doldrums are behind us. Good point...
  15. G

    ES Journal Archive (2011)

    DOM skew negative -3k for last 10-20 minutes...still price is holding up....very bullish sign imo.
  16. G

    ES Journal Archive (2011)

    echo same sentiments here wave....will be great if you can share some gems!!!!!!
  17. G

    ES Journal Archive (2011)

    long 61.75, target 72, stop 59
  18. G

    ES Journal Archive (2011)

    The way i am going to take it forward is that i am going to try to hit singles, 1-2-3 pointers, and not focussing on hitting homeruns like 6-10 pointers, for the next month or so. If i see some very clear opportunity then yes i will try to get a larger number. Reason being i will be subjected...
  19. G

    ES Journal Archive (2011)

    Todays summary Largest losing trade was 6.5 points, had I eliminated that it wouldn't have been such a bad day. Was down 8 points initially after first hour, came back to +2 points from there. So, net net bad, but still ok. Takeaway for today: I will avoid trading first half hour/ first...
  20. G

    ES Journal Archive (2011)

    covered lasat one 38, and now short 38, covered it at 36.5 flat now.
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