Cooltraderdude's TopstepTrader Combine (daily trade report and journal)

I suppose I could have gone short with a really loose stop...

Housing starts came out slightly better than expected but worse than the previous number... I was expecting a short.

What if I went short... AND then the market rallied to a big stop loss...???

With the long I did I should have done that with a tight stop as well... But that would have been another loss for sure... It should have been a smaller loss. That's about it...

This is just the live crap you have to deal with on a daily basis. It's all about the decisions you make...

Now let's see... Anyone claim that they can make the best decisions here...?

If so... Let's see how you do...
 
Quote from TST_Hoag:

This is Cooltraderdudes first day trade report. Day one he traded the E-mini S&P 500.

Nice motto!
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He's hitting 2 out of the 3 performance metrics! Good job CTD! Most the ET'ers thought it was impossible to hit them (rolls eyes).
 
Quote from CoolTraderDude:

I suppose I could have gone short with a really loose stop...

Housing starts came out slightly better than expected but worse than the previous number... I was expecting a short.

What if I went short... AND then the market rallied to a big stop loss...???

With the long I did I should have done that with a tight stop as well... But that would have been another loss for sure... It should have been a smaller loss. That's about it...

This is just the live crap you have to deal with on a daily basis. It's all about the decisions you make...

Now let's see... Anyone claim that they can make the best decisions here...?

If so... Let's see how you do...
More...

In my personal opinion, you shouldn't have anything on ahead of the 7:30 and 9:00 economic reports. Trade the reaction to them, not the number. Just trying to help.
 
Quote from CoolTraderDude:

Have a look at this chart...

If you played with tight stops you probably would have lost... If you played with loose stops... You probably would have lost... Doesn't matter which way you went... You would have lost!

The only way you would have won is if you predicted that it would turn down at 145625 or if you predicted that it would turn bullish at 145125.

Anything else and you're screwed...

Went with tight stops short... LOST... Went with loose stops long... LOST...!

Had I gone with loose stops short lower down... I would have lost LOST...!
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draw some lines sit on hands,trade at supp or res with a stop,you will know right away if your wrong,don't trade the middle
 

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Quote from ammo:

draw some lines sit on hands,trade at supp or res with a stop,you will know right away if your wrong,don't trade the middle
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Hi... ammo thank you for that but seriously... trendlines are hindsight and hindsight is 20/20 as they say.
 
they get revisited and respected due to the fact that it's the only thing we can see,we will never know what's going on behind closed doors edit , doesnt always work but often if you only have two touches,the third touch is a good bet
 
Quote from CoolTraderDude:

No further trades to report as I'm not trading right now..

Have a look at this chart... Can you say OBLITERATED...!!!???
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That's the exact reason why guys have been saying not to trade the ES. With the vix this low it's just not a good proposition. Go take a look at todays crude chart. There's almost a $3 range just since the pit open with a pretty obvious trend.
 
Quote from NDJeff02:

That's the exact reason why guys have been saying not to trade the ES. With the vix this low it's just not a good proposition. Go take a look at todays crude chart. There's almost a $3 range just since the pit open with a pretty obvious trend.
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The contract month on that is Oct. 12 right...? Just making sure...
 
Quote from CoolTraderDude:

The contract month on that is Oct. 12 right...? Just making sure...
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I started trading Nov today. To always be in the right month just look at the T4 DOM and trade whichever month has the most volume.
 
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