Read my post again. I quantified the term with details.
I am not interesting in touching your money. I guess it is ok then, right? =)
ES Journal Archive (2009 - 2010)
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Read my post again. I quantified the term with details.
I am not interesting in touching your money. I guess it is ok then, right? =)
I have set a daily loss plan where I can either take 2 trades in a row without averaging in to take the stop or 1 trade where I average into the trade ONCE, and take the stop.
Ok, so from this message, obviously, I averaged into the trade. I went long at 1035.25, then I went long again 1034.50 instead of taking a stop around there, and gave myself a full 2 points for the stop below 2nd entry.
I then got out at a profit at 1036.25 real money. In demo I am leaving a runner to see if we go back to around 1039.
Feel free to make comments. Just glad I made some money today.
Ok, so from this message, obviously, I averaged into the trade. I went long at 1035.25, then I went long again 1034.50 instead of taking a stop around there, and gave myself a full 2 points for the stop below 2nd entry.
I then got out at a profit at 1036.25 real money. In demo I am leaving a runner to see if we go back to around 1039.
Feel free to make comments. Just glad I made some money today.
Have to develop a "Crazy Ivan" technique in order to make things juicier...
http://en.wikipedia.org/wiki/Crazy_Ivan
Things is getting boring lately for sure.
Adding some new tricky "techniques" to the moves will definitely spice it up!
By the way, I made 2 mistakes yesterday.
1) A trader that helps me on my system sent me information based on the Dec contract, and I thought it was for the Sept contract so I did not trade correctly on 1st trade in morning yesterday.
2) On that same trade, I did not set a firm stop and averaged down too many times before taking my stop which is why I plan to not average more than once in future.
3) To make money, one must have a plan, follow the plan, and not break your own rules whatever they may be.
1) A trader that helps me on my system sent me information based on the Dec contract, and I thought it was for the Sept contract so I did not trade correctly on 1st trade in morning yesterday.
2) On that same trade, I did not set a firm stop and averaged down too many times before taking my stop which is why I plan to not average more than once in future.
3) To make money, one must have a plan, follow the plan, and not break your own rules whatever they may be.
of course.
not a keeper tho, as my swing trades are timed differently. Still holding the remaining swing long (very nicely in profit now
)This trade was just a trade that was guaranteed to give at least a few risk free points. taking +2.25 here on that one
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