Here is a strategy that beats the S&P

[J_Smith]

@J_Smith
How did you come about catchin' that falling knife ?

to catch a knife..must have no strife
clear your mind..be one of kind
the line was drawn..from previous dawn
two zero three nine..straight yellow line

big question pop..J_S use stop?
for if too tight..would now be shite
what do you think..from reading ink
did J_S lose..or buy new shoes

J_S

 

[J_Smith]

@J_Smith
How did you come about catchin' that falling knife ?

Fact is, I could have easily been wrong, as right.

Low was 2035, which was $187.50 in the red, but I did not panic as that is not really much of a move with ES when things are "normal".

Had my profit taker in at 2050.50, which was hit.

I left some nice money on the table, but so what, I made money when doing something else and not watching the market, for about 30 minutes work!

You never go broke taking profits!

J_S

 

[J_Smith]

What way is the trend now, up or down?

wrong thread..oh well

J_S

 

[K-Pia]

Here is a last one.
But Got to Quadriple Check !
It's a strategy based on Payoffs.
And looks like it pays off if it's saine.
Because it looks to good to be true.
Usually it's therefore an illusion.

* Commissions Adjusted
Ps : I had to add zero for the Analysis.
That's why there are inconsistencies.

 

[J_Smith]

KP, here is one for you!

What would you think of this trade?

All is not what it seems!

It might make some laugh, and others cry!

Breakout just now, but am happy with my profit target being hit. We might get another few points up to the 60 level before close, but who cares

J_S

 

[K-Pia]

KP, here is one for you!

What would you think of this trade?

All is not what it seems!

It might make some laugh, and others cry!

Breakout just now, but am happy with my profit target being hit. We might get another few points up to the 60 level before close, but who cares

J_S

View attachment 164231 View attachment 164232 View attachment 164233

I am not impressed by a trade,
Even if this one is impressive =P
All I need to be impressed, is viable rules !
Looks like you've got some. Plus you stick to them.
Potentialy Impressed

 

[J_Smith]

I am not impressed by a trade,
Even if this one is impressive =P
All I need to be impressed, is viable rules !
Looks like you've got some. Plus you stick to them.
Potentialy Impressed

Yes, rules are good, but only to keep you from losing too much.

Making money is all about entering and exiting at what you think is the "best" level, and which time can impact greatly!

J_S

 

[J_Smith]

BTW, many swear by volume on charts, but for the ES I am thinking that it is much better to hide it, which I think I will do now on all my charts - I will keep it on booktrader though, as I think it is invaluable there!

J_S

 

[J_Smith]

Was a bit slow on the last one to move down fast for the breakdown, but as I was expecting a bit of a rally up to the close I waited - had to drop my profit taker at the close into the buying to close out my position.

Main thing is I made some money for about 3 hours work today - will buy a nice few plants and a few burgers in McDonald's

J_S

 

[J_Smith]

Ok, last post of my trades here!

This week, for about 5 to 6 hours work, ended up with $1,500 clear.

Took a big chance on one trade - easy to spot!!!! - but I had a reason for not panicking - I actually had a double up buy in, and missed the low of 2022 by 1 point

Point is, you can only make money by trading, and, if you stay in the market without taking profits, yes, you can make a lot of money over a certain time period, but you can also lose a lot in a very short time.

You are either a trader, or an investor - can be a bad idea to mix them up in your head!

J_S