Search results

  1. M

    Greece Greece and more Greece

    It makes me wonder why the world markets are so excited about a 70% writedown on Greece debt. Think about it, 70% writedown. How many time has Greece PM and Finance minister said we are close to a deal. Why is it the private sector responsibility to absorb the cost while the ECB stands pat...
  2. M

    Consistency is my goal

    Thanks. Good luck to you as well.
  3. M

    Consistency is my goal

    Week ending 1/27/11: +11,500 Not one thing stands out right now as far as what is working; all strategies are contributing equally. I continue staying focused on risk and not letting positions get away from me. I'm not going to let this run get to my ego cause that is when bad things...
  4. M

    Weinstein Trading and Fading

    I suppose you sold out of this position at $18.
  5. M

    Looks like the Euro Crisis is over

    I am trying to figure out what TILT2 is trying to accomplish with this thread.
  6. M

    Looks like the Euro Crisis is over

    You better hope APPL blows out earnings Tuesday and does not pull a GOOG.
  7. M

    Consistency is my goal

    BTW, I just read my post from last week. I jinxed myself on futures. Serves me right! Every time I get confident with them I revert back to bad habits. I guess that is why they say review your journals. Going to read my thread over the weekend to keep myself in check on this good run I am...
  8. M

    Consistency is my goal

    Week ending 1/19/12 +10,300 Keep plugging away. Pairs and directional plays working out nicely. Biggest problem this week is myself and my stupid habit of fading market moves. It cost me 3k on Wednesday and 1200 today in ES. With that said, I am going to do what I was suppose to do...
  9. M

    Consistency is my goal

    Week ending 1/13/12 +14700 Wow, 2 weeks in a row. Must be some mistake. Am I actually learning not to fight the tape? Had a good run in pairs that I have been holding onto since early Dec. With lower volatility and lower volume, keeping risk under control and following disciplines is...
  10. M

    ES Journal - 2012

    Guess that answers that question. Forget about weekly unemployment. Good catalyst.
  11. M

    ES Journal - 2012

    I guess question now is if market already blew its wad in overnight Globex prior to ECB rate decision. Maybe buyers of Italian and Spanish debt know something we don't.
  12. M

    ES Journal - 2012

    Here we go again on the Greece haircut. Now it is probably going to be 75%. When are they going to let Greece go. The EurUsd tells the whole story not to mention 10 year yield closed down 1.6% while market closed down only 0.25%. I should have added to my long portfolio hedge before the...
  13. M

    ES Journal - 2012

    it's probably just indicated open based on current bids and offers prior to open. like ammo said, they can be pulled anytime before open.
  14. M

    Consistency is my goal

    Not a problem. Keeps me on my toes. Hope it helps other traders. Saw your link. Good job there. Wish I had the drive to keep more stats like you; maybe this year I will put forth more of an effort to do so.
  15. M

    Consistency is my goal

    Week ending 1/6/12 +17k Momentum from last few weeks carried into the new year. Still fighting a few bad habits like trying to fade AAPL from 410. Cost me 1400 and kept me under 150k in my retail account. Outside of that, almost everything clicked: pairs, futures, cefs, you name it...
  16. M

    ES Journal - 2012

    don't see much news driving this up although EurUsd catching a bid overnight...probably just typical 1st trading of the year pop
  17. M

    Consistency is my goal

    Forgot to mention that sim trading the weekly basket strat was the right decision. Looking to tweak this in the new year starting end of the first week in sim account for the next 3 months. Not going to risk anymore capital on it until I see some solid results. Results from this type of strat...
  18. M

    Consistency is my goal

    Week ended 12/30/11 +7100 Dec 2011 -1100 2011 -31k Ended out the week on a good note. It was a mix of strategies that contributed to the positive week in both accounts although my year end trade performed nicely the last 2 days of the year. Hope to keep this momentum going...
  19. M

    Weinstein Trading and Fading

    Robert, Sorry but nobody has a crystal ball like that. Let me ask you a question, what was your plan if this thing gapped down on you 50% the next day? Anyhow, not trying to prove you wrong and sounds like you have been having success with taking plays like this. For me, it is not a...
  20. M

    Weinstein Trading and Fading

    Whatever it takes to convince yourself. Limited risk, fundamentals, everyone saying under 15 it was a screaming buy. I think I have heard that justification once or twice before. Good luck with that.
Back
Top