50 pts in the ES

TheStudent · Oct 16, 2003

Hi,

I read somewhere on ET that you should try to make 100pt on 1 ES contract to come of age as a trader.

I'm going to aim for 50 by 3 months.
Commissions are 0.12pt/rt

Just doing this to keep me honest.

S @ 1047.75
C @ 1045.75

+2 pt (exit on 6000 vol)

48 to go

TheStudent · Oct 16, 2003

observation 1444

high vol puke - wait 2-4 min for improved entry on rebound. Good sign if another big vol bar shows up

TheStudent · Oct 16, 2003

L @ 1045.75

TheStudent · Oct 16, 2003

C @ 1045 -0.75pt
S @ 1045

IndexTrader · Oct 16, 2003

Someone who trades to impress is a fool.

TheStudent · Oct 16, 2003

... at 1043.75

blast! should have used a market order when I got the right volume (4000)

dbphoenix · Oct 16, 2003

Quote from IndexTrader:

Someone who trades to impress is a fool.

Careful. There are several journal writers who will come after you for that . . .

TheStudent · Oct 16, 2003

... is instructive. Should have taken my exit signal right away. Hanging around for a better fill is not wise.

2 pts against me now and counting.

Apologies if I sounded like I was trying to impress. Just setting some goals for the sake of setting goals.

Not important to me who reads this.

Actually, I find that I trade differently with a journal.... will take some getting used to.

EMini-Player · Oct 16, 2003

Quote from dbphoenix:

Careful. There are several journal writers who will come after you for that . . .

LOL...my journal is anything but impressive

-Fast

macal425 · Oct 16, 2003

Quote from TheStudent:

2 pts against me now and counting.

Do you have a stop?