Pinkmans entire strategy.
ES Journal - 2014
- Thread starter murica
- Start date
Pinkmans entire strategy.
just an observation but he has switched to spy and dia so I believe he is trading small and holding...playing the longer trend. Today the dia is the strongest so thats what he went with. a viable strategy.
Scaleout.Scalper
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Pinkman taking the time to post his trades in a timely fashion and detail his exits merits recognition at the very least in the form of respect. Would hate to see the good deed become an open playfield for criticism, we all traders here, or aspiring to be.
add 94 5, avg 93 15...89 bid for reduce
I think Pinkman is doing quite well, despite the fact that this bull market takes him into a draw down here and there. If he's not over levered, what's a 50 point draw down to him?
You raise a problem though, underleverage.
Goal is not to make money, but to make good returns.
I think it's the opposite. Making money is the ultimate goal. He might have an account big enough to suffice making money without the need for big returns. Each trader's situation is different.
Any idiot can make "money" using Savings, CDs, Bonds, but people are not satisfied with that because they can't even beat inflation.
Sorry, but you are dead wrong, it's all about the returns, otherwise you can choose any of the options above doing nothing.
http://i.imgur.com/pXJHpx1.png any clues why stocks and bonds rising together?
This line of thinking is spot on as one moves farther away from intraday trading. For intraday trading however, a solid (and accurate) argument can be made that money is merely "result" of a unified two-part process... first recognition of sentiment, and second market participation based on that sentiment. Money becomes a byproduct and any measurement such as percentage return or even the mundane nominal profit value is just a function of the two part "job" being done well.