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  1. I

    Great entries, horrible exits

    I agree it's all mostly pain caused in retrospect, I'm not trying to make perfect trades but just trying to figure out why my exits are so poor in comparison with my entries. I think I figured out something just writing one of my replies earlier so at least it's starting to make sense to me why...
  2. I

    Great entries, horrible exits

    I think that is probably the source of the problem, my entries are discretionary and the factors that get me in vary from trade to trade; things would be much easier if the mirror-image factors always appeared to announce when I should exit, but that happens very rarely (and would be the few...
  3. I

    Great entries, horrible exits

    Since my exits are so bad anyways, I've been toying with a forced partial exit on a certain % gain on equity. It's kinda arbitrary given that I often vary position size, but I'm figuring that it will even out, and here's my reasoning: If say my position is a relatively small one but it's...
  4. I

    Great entries, horrible exits

    Yeah this is the logical solution but when I tried it I still had problems determining the system by which I would portion out the exits -- as in, should I exit 1/3 every X amount of ticks in my favor, or divide it up into 1/3 systematic trail, 1/3 fixed target, 1/3 gut instinct, etc. It left...
  5. I

    Great entries, horrible exits

    Most of the trades I do don't fall into specific categories, I only go as far as classifying by time frame that I looked at to get in the trade. I use charts but don't specifically trade off s/r lines or bullish/bearish patterns, when a certain number of factors line up I enter, I try not to...
  6. I

    Great entries, horrible exits

    I think I have a pretty good knack for finding decent entries. I trade on 60 minute and daily time-frames, but I'm still able to use very tight stops. I don't try to catch lows or highs but I can usually find a place to enter right before the highest momentum part of the move takes place...
  7. I

    t-notes today

    What's the impetus for ZN selloff today?
  8. I

    Chinook's EUR/USD (E/$)Mumblings

    So with the news out over the weekend about EU budget troubles, you can still short and get the same price as friday's close? How does one get in "before the open"? Thanks.
  9. I

    Chinook's EUR/USD (E/$)Mumblings

    How much can you actually short at that price? Didn't we just gap down pretty hard on open?
  10. I

    Taking Profits & Letting it ride...

    Generally, the harder it was mentally to stay in the trade, the longer I try to hold for further gains. If the move happens with little or no pullback, I'll usually lock in gains with a hard stop. This is for longer term trades as opposed to intraday, and I find what usually works for one time...
  11. I

    Removing Personal Bias

    Be careful about "retro" analysis, everything looks much clearer in hindsight. For example, the futures tank yet a stock holds it's ground for the time being. Now looking back, either the stock eventually shoots up and you'd say "obviously, it was holding up even while the spoos collapsed", or...
  12. I

    Chinook's EUR/USD (E/$)Mumblings

    Very nice call ivan :) Did anyone catch that seller on sept jpy just now? Kept selling 9 at a time, probably around 500 total.
  13. I

    Gold Rally...

    es be the snoozer compared to any metals, all a matter of leverage and nothing compares to the shiny stuff when it comes to blowing out the account fastest :)
  14. I

    the EU mess

    Agreed, it's strange that none of this was apparent last fall while eur was shooting up to 1.36 -- now that we're falling all the ugly sores come out. The relevant issue is whether or not having these "reasons" to sell/buy any currency actually makes a difference, or is just another way to say...
  15. I

    Gold Rally...

    Can't compare any stock to the futures market, much less a commodity. Just max your futures account out in YG and I'm sure you'll wake up fast. :)
  16. I

    Goog

    Exactly, I use google all the time and I've clicked on the ads maybe two or three times over the last few years, my eye has just adapted to actively avoid anything that looks like an ad.
  17. I

    Poker and the Beginning Trader

    I started multitabling the 1/2 limit on partypoker a few weeks ago, and I'm finally beginning to see some consistent results. Seems like playing several tables at once has immediate advantages once you get used to making faster decisions, and I find myself playing alot more patiently overall...
  18. I

    How to change from futures book scalper to longer term trader

    I'm finally working through a similar process right now in deciding which time frame I should stay in, weighing the advantages and disadvantages of pure intraday setups and longer time-frame directional trades. I thought I needed to settle upon either/or, but in the process of figuring out...
  19. I

    Globex trade busted?

    nvm, done.
  20. I

    Globex trade busted?

    Was informed that one of my stop-limit orders in the yen was under review, it triggered in after hours session far below the market. I chatted with IB and was told Globex sent them an email that all trades underneath 9310 would be busted, but that they were still waiting for a fax confirmation...
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