FastTrader Futures-Trading Journal

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Couple of weeks? Man I hope everything is ok.

TM Trader
I normally play with 1 ES, and today I was holding 5 or 6 ES along with 2 ER2 contracts at the same time. Lost more than a couple of weeks worth of gains :(

-Fast
 
Quote from Fast_Trader:

I normally play with 1 ES, and today I was holding 5 or 6 ES along with 2 ER2 contracts at the same time. Lost more than a couple of weeks worth of gains :(

-Fast

When you increase your size you should do it gradually - But you already know that :)

Multiple holdings... Well it's something to get used to if you never done it before.

Sorry to hear about your bad day.

TM Trader
 
The f*cked up part is, I shorted 1129, and saw momentum building on the Buy side this AM so tried getting out on a limit order, but market moved too fast. I don't know what the hell happened, but instead of getting out, I just started ADDing to my short position.

I think Adding to a position can be a good strategy at times when the higher-timeframes are also in your position's favor. But I didn't even check the 30 min. chart. Just kept on adding and got f*cked!

-Fast
 
Quote from TMTrader:

When you increase your size you should do it gradually - But you already know that :)

Multiple holdings... Well it's something to get used to if you never done it before.

Sorry to hear about your bad day.

TM Trader
If it weren't for the broker f*ckup, I'd be up around 2 pts on ER2. But thanks to Rand, Im only up a pt or so on ER2.

-Fast
 
Quote from Fast_Trader:

If it weren't for the broker f*ckup, I'd be up around 2 pts on ER2. But thanks to Rand, Im only up a pt or so on ER2.

-Fast

I don't want to piss you off. But the reason I'm not running to change brokers is the same reason I don't install the latest version of any software on my machine until other people tried it or I installed on a secondary machine.

Sure IB has their glitches but I prefer to deal with something I will know how to deal with than with the unexpected.

TM Trader
 
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