Daytrader's Only

T

The General

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This time - and I hope(fat chance:D) the dim wits stay away - we will talk about daytrading only.

All trades are intraday-no overnight holding NO MATTER WHAT-be it a winner-or a loser.

The objective is to look at the intraday market-and any market is on the table-it does not matter-see what is going on-see if a low risk opp is developing-pick a level in-place the trade-pick a level out-take a profit-or a loss-with the target to have the winners bigger multiple than the losers.

There are only 2 RULES here-and they are-

RULE 1

NO BIG SIZE UNTIL YOU CAN TRADE SMALL SIZE FOR PROFIT-WITH AT LEAST A 25 TRADE SAMPLE SET

RULE 2

ALL TRADES MUST BE POSTED IN THREAD-WINNERS AND LOSERS-WITH JUST LEVEL DETAILS-YOU DO NOT HAVE TO SHOW YOUR CHARTS-AS THEY ARE YOUR INCOME GENERATOR

Remember-trading is a tough game-and nearly everyone will try and fuck you up-but only if you let them.

This can be a good-or a bad-experience-the outcome will depend on what you do-or do not-do.

Good Trading

The General
 
Quote from The General:

This time - and I hope(fat chance:D) the dim wits stay away

......

Good Trading

The General
More...

I hope this goes better than your last few attempts. If not, then may be you are the dim wit.

Good luck!
 
You have the wrong stick-as most-this is not about me-it is about YOU-as a trader who is trying to progress-I do not need any help-as I have been the dim wit in the past-much like the dim wits here-but now-I can sit back and watch what I used to be like-and it is really funny-at times.

So-what will be will be-those who do-will-those who do not-wont-that is how it is-and how it will always be.

So far-everything is exactly as I thought it would be-let's now see if I can be wrong this time-but as you have already showed-this is not very likely to happen.

There will be no smart comments here-no tit for tat time wasting-as the thread says-Daytraders's Only-and if anyone want's to try it out-then this is there chance-if not-then so be it.

An additional rule for the thread-spelling does not matter one little bit-just get the numbers right-fuk the words-that is for those who have plently of time to look at them-point stated.

The General
 
I have been scalping TGT/WMT. TGT short, WMT long. 10 trade so far, 9 winners 1 small loser.
tgt (s) 37.26 x 500
wmt (b) 47.75 x 500
so far was the biggest winner, one penny on tgt and fifteen pennies on wmt.
 
I do not trade the ES. I will enter a paper trade for the ES here. My ZN is not moving today.

Short ES at 891 target 889.


Edit: The trade is for 100 contracts. :)
 
Trade 1 - High Risk of Losing

Market = Dow

Order = Short 1

Entry Level = 8305

Stop Level = 8315

Profit Exit Level = 8275 or better

Result = ?

Let's see what happens-I am off now-so I suppose I am auto trading-but I will still close out today either way-whether I get stopped-or target hit-or I log in later to mange trade if still open.

Trade might just have been blown-but I will leave-as I have it ready and the risk is small.

Trade is now actually blown-but I will still leave it-as I want to-win or lose.

Changed short entry to 8315 and stop to 8325 - let's see how it goes?

The General
 
NQ
1 Trade today at 8:45 cst.
L@ 1438.25. Covered at 1438.75. 2cts.
Got out WAY too early. It's a problem I'm still dealing with.
Any suggestions?
 
The rules have not been adhered to.

Trades must be posted live-and only small size for now.

This is a serious business-not for jokers or those who are not willing to take on risk for potential profit.

Tomorrow is another day-sleep well.

The General
 
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