Two trades today. I'm probably going to call it a day because I have an early flight to catch tomorrow morning and have not gotten everything in order to leave yet. I will be back Sunday night, so the Journal wont have anything from me tomorrow or this weekend, but I will resume on Monday...
I have a few things that I like to look at. First thrusts, divergences etc. For the most part though the only place I feel absolutly confident is at the open. I honestly feel that in the first 20/30 minutes of the day I am one of the best traders in the world. I can not say that about the rest...
Every single day I think I say, well it was a slow day, not much has happened. Pretty obvious from this Journal that to me, daytrading does not mean trading every single move of the day. In fact, I think that the its counter productive. To me trading is a lot like hunting deer. It involves a lot...
I really should not have traded today, I felt kinda miserable after going to the doctor. Never the less, I thought there was a decent short setup going into the noon reversal period, so I took that and ended up with 1 trade for the day which resulted in a 2 point loss. Short NQ 1003, exit 1005...
Tomorrow morning 10 minutes before the market opens I will be at the Dr's to find out if I am diabetic. Most of my family on my grandmothers side are, and I have been showing some of the symtoms and not feeling well. Blah, Blah, Blah. I will spare you the details. At any rate, I do go in right...
Probably. At the time I entered it was diverging. The market had hit its lows and was starting to bounce with out the TICKs having done so yet. A few minutes later the TICKs did make a new low, but without the indexes doing the same (which would have stopped me out).
Brandon
I had this brilliant Idea today. There is this site called excellent adventures, and one of the things they offer is that you can fly to Moscow for a week and actually get to fly a Soviet Mig 29 with some of the top pilots at the design bureau. Anyway, Toni first tried to tell me "Your not...
Ok, this has been driving me nuts for a bit now. Any of you science people, maybe a little help. Scientifically what is the differnce between "hair" (ie people, horses, rats etc) and "Fur" ie Racoons, Minks, etc)
Thank you very much :-)
Brandon
What Can I say? Maybe I am compulsive, but I took one last trade here.
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NQ long (2:26) 974. Out half 976 (2:28) and half 980 (2:30). Avg exit 978. +4
This trade was based upon another divergence. We had the markets hitting new lows, but the TICKs did not confirm. Also, we...
Football. I have my priorities :)
Went to the Iowa game and watched em kill Northwestern.
http://sports.espn.go.com/ncf/rankings?poll=2
:D :p :cool:
Anyway, I never guessed that by not trading I would generate so much interest on thread. I'll have to remember that if things slow...
Packing it in for sure. Volume is pretty light and I think that whipsaw action will be the idea of the day. I dont see any real need in screw myself over.
Happy Veterans Day, and thanks to all of you who have served our country.
Brandon
I really hate having to work on days even people at the Post Office don't have to work. The bonds are also closed, so, IMHO they should give all of us equity guys a three day weekend too..but thats just my opinion. I have two small scalps this morning and I'm probably gonna pack it in for the...
I was under the impression it was some sort of joint regulation. If it was all CFTC, then I doubt we ever see PDT. The CFTC is very "trader friendly" .
Brandon
Today was another very slow day for me of trading. I had only one trade today, and it was an equities trade. Below I have attatched a chart of todays action in the DOW, which gives a very clear indication of why I stayed away...I would have gotten my clock cleaned. The morning gap was too small...
I don't know where Eric got the info that this is a "paper trading" journal. I personally trade all of the gaps trades. The other things are a toss up, about half I trade, the other half I do not. All trades presented here are from actual alerts I give in my chatroom ( I don't pay attention to...
Here are a few additional thoughts about SSF's. I havent talked to one bigger name player who is planning on playing them right now. While there certainly is the potential for a viable market to come about, even the most successful contracts take some time to develope and attract the large...
Unlimited Trading Opportunities: Long and Short
The high volatility of the underlying issues will create dramatic opportunities for gains in the SSF market. Unlike stocks, however, which are limited by the number of outstanding shares available, new futures contracts are created as interest...