5min/1h TrendFollowing on ESTX50, SMI, & GBL

KS96 · Nov 1, 2006

SMI short 1 @ 8601

KS96 · Nov 1, 2006

SMI covered @ 13, -12 pts.

KS96 · Nov 1, 2006

ESTX50 short 1 @ 12

farjeon · Nov 1, 2006

Hi KS96,

I've been following your posts with interest as you're trading in markets and in a time frame I'm interested in. (I'm currently a long term trend follower looking to diversify a little. Trend following is fine for capital appreciation but not so hot when it comes to consistent returns.)

I'm impressed by your results, could you tell us a little about your methods?

Tom.

KS96 · Nov 1, 2006

ESTX50 out @ 10, +2 pts.
(Seems like we may chop for a while,
don't wanna be in.)

KS96 · Nov 1, 2006

GBL stopped out @ 01, -70 pts.
ouch...

me1969 · Nov 1, 2006

Quote from KS96:

You are absolutely right.. I have no excuse.
I have this bad habbit to pull out the stops in the Bund...and Bund only... It's getting f*ckin' idiotic...
Recipe for disaster.

So, what about your stop in the GBL?
Are you still in control of that trade?

me1969 · Nov 1, 2006

Quote from KS96:

GBL stopped out @ 01, -70 pts.
ouch...

Well done. I mean it.

KS96 · Nov 1, 2006

Quote from me1969:

So, what about your stop in the GBL?
Are you still in control of that trade?

-3.8% loss on that trade... difficult to shallow.

me1969 · Nov 1, 2006

Quote from KS96:

-3.8% loss on that trade... difficult to shallow.

Quite good to learn from...