ES Journal Archive (2006 - 2008)

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Quote from MandelbrotSet:

Um ... to what purpose?

The purpose is to help everyone, myself included become a better trader. There are some folks posting papertrades and it would certainly be beneficial to this folks ( as well as us realmoneyers) to be honest. It will improve the individual trader.
 
Quote from Buy1Sell2:

What I have been doing and I would hope everyone else will follow as well, is posting the actual real time entry and an actual real time stop. I no longer post an entry without a stop as I used to. I then post the trailing stop in real time. I don't feel that a target needs to be posted in advance unless of course you have one in mind. Rather, a posting in real time of the exit will suffice. I realize that there will still be some fake posting as there always has been, but I believe this is a much better journal system.
That's the way it's should be done, it gives you all aspects of the trade and you can place a value on the particular method because results are available. Maybe deleting cheerleader posts that don't do that is an alternative. Thanks
 
Quote from MandelbrotSet:

There are perfect rules.

B1S2 mentioned one of them, and there are others, just because you don't know them, doesn't mean they don't exist. :eek:

Perhaps it's good that I don't know them 'cause they haven't been working lately, neither have mine the last few calls, which makes no ones rule the perfect rule :eek:
 
Quote from iloveoptions:

Perhaps it's good that I don't know them 'cause they haven't been working lately, neither have mine the last few calls, which makes no ones rule the perfect rule :eek:
Thank you for confirming what I just said.
 
Quote from Buy1Sell2:

The purpose is to help everyone, myself included become a better trader. There are some folks posting papertrades and it would certainly be beneficial to this folks ( as well as us realmoneyers) to be honest. It will improve the individual trader.
OK, here's a posting:

Long @ 1400

Stop @ 1395.75

Rule in use: T-Day :)

Edit: 1407.00 potential profit target (even though you said we don't have to post them).
 
Quote from MandelbrotSet:

OK, here's a posting:

Long @ 1400

Stop @ 1395.75

Rule in use: T-Day :)

Edit: 1407.00 potential profit target (even though you said we don't have to post them).

I appreciate your posting. Thanks and Good Fortune to you!

One item though: By posting the 1407.00 I think you should be held to that for journal purposes unless you post the change prior to getting there.
Thanks in advance for going with this system. I think it will be better for everyone posting and reading. It's more real life--
 
Quote from iloveoptions:

Perhaps it's good that I don't know them 'cause they haven't been working lately, neither have mine the last few calls, which makes no ones rule the perfect rule :eek:

Well, here is a thought for you ...not a rule but a thought to mull over.

From each selected entry point there are three likely outcomes.

... win
... go nowhere for a while.
... loss

If you do your homework correctly with ES you can ensure that your entry point falls into the first two categories 90%+ of the time.

regards
f9
 
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