Damir's Trading Journal

Quote from OnTheEdge:

You're handicapped by your schedule. If I remember correctly you only have a half hour two times a day in which you can trade. In a situation like that I don't know that I could trade at all. On the other hand, if you set exit criteria, maybe using that stop loss and stop/profit (whatever they're called) you told me about, which you can set when you enter the trades, maybe you can do it better. Have you tried that?
More...
You're right, that really does have a negative effect on my trading. I haven't tried using stop and target orders to get me out of trade yet. I might try that on a simulator tomorrow. Use a 30 pt stop loss, and a 60 pt target so 1:2 R/R. Let see how it does on the simulator. If I have a good win rate with this technique, I will start doing it with real $.

-FastTrader
 
closed at 99... for +3...lol......Gotta leave, I've been roped into going to see a film called "American Wedding" starting in 15 mins!..

good luck all ! :-)
 
There's a really disgusting scene in that movie. I started gagging in the theater and if I weren't someone who never throws up, I would have. I still get sick when I think of that movie, now -- weeks later. Some of it was pretty funny, if not for that bit. You'll know it when you see it.

Hmmm... I see my portfolio has dropped in value quite a bit. Let's say... a lot of buying opportunities have arisen...

Quote from Kap:

've been roped into going to see a film called "American Wedding" starting in 15 mins!..

good luck all ! :-)
More...
 
sold YM 9512 (+.05) -- total of 50 points yesterday. Starting today flat. For the ES futures there's a choice between two exchanges for the quotes on IB. Which do you use?
 
You must log in or register to reply here.
Back
Top