ET Swing Trade Competition Journal

[TheCaracal]

Quote from Trapper:

Impressive results any way you want to count it. Good trading!
Have a happy new year.

Best regards,

Trapper

Thanks very much..Happy Holidays to you as well..I bust my ass for this...

Best to you, and good trading...
david

 

[DeepC]

guessed wrong, but still in the money.

long 9 ymh4. 3@10330, 3@10360, and 3 @10390

for appox 420 ym points = $2100.00

previous sell stops brought up as stated in first post

however due to the negative 3 reports this am bringing all 3 stops to 10399. sell stop 9 ymh4 @ 10399

 

[DeepC]

cancelled stop, sold 9 ymh4 @ 10404

for profit of $1980.00 - $44.00 commissions = $1936.00

 

[DeepC]

sell stop 3ymh4@10390
sell stop 3ymh4@10360
sell stop 3ymh4@10330

buy stop 3ymh4@10420
buy stop 3ymh4@10450
buy stop 3ymh4@10480


account balance now at $26,936.00

 

[DeepC]

short 3ymh4@ 10390

remaining ladder orders stand

 

[bobcathy1]

Still long and strong on ER2.....gone from 543.20 to 564.50=2130 X 5 contracts =$10,650 Adding 2 contracts at the open tomorrow at 564.50......so far it looks like I might make that 50% goal in one month.

 

[OldTrader]

Quote from bobcathy1:

Still long and strong on ER2.....gone from 543.20 to 564.50=2130 X 5 contracts =$10,650 Adding 2 contracts at the open tomorrow at 564.50......so far it looks like I might make that 50% goal in one month.

Nice trade so far. Particularly in liight of the fact that everyone else is short without stop.

OldTrader

 

[bobcathy1]

Quote from OldTrader:

Nice trade so far. Particularly in liight of the fact that everyone else is short without stop.

OldTrader

You noticed that too?
I have made more money by going long into "obvious shorts" in the last few days.
I am banking on the January Effect to carry into the first week too. Wish me a calm market.

 

[OldTrader]

Quote from bobcathy1:

You noticed that too?
I have made more money by going long into "obvious shorts" in the last few days.
I am banking on the January Effect to carry into the first week too. Wish me a calm market.

It seems to me you've already had the "January Effect". Today was the first day in the last 13-14 where the SP took a prior day low out! Personally I'm expecting some profit taking to kick in the early part of the year. Either way, you've got a great trade going, easy to manage at this point. Congrats!

OldTrader

 

[ig0r]

I didn't see this mentioned anywhere, but when does the competition end? Only wondering because I plan to enter with options trades (is this allowed, btw?) and want to know when I need to get out, thanks.