I am thinking about going short in the YM late today 03.22.07

EOD (3:45 est) stats...

Trades: 29
Cars: 85
AVG cars per trade: 3
NET pts per car: 3
Market exposure: 1hr 41m (101mins)

As of 3:45 est (375 trading mins)

YM range: 87 pts
Range x Avg cars per trade: 261 pts
Range capture ratio: .97
Market exposure risk beta: .27
(for lack of a better term)

oso so so,
Osorico :|
 
Boib

Registered: Mar 2002
Posts: 227

04-29-07 11:37 PM
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Quote from rcj:

Yeah, its gonna be a dog fight monday; seat members, robots, black boxes, Oso, tricksters, dipsters, perverts, unrepentant felons, idiots, krak whores, spoofers, ....
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Damn I'm going to miss the whole thing. Someone keep track and let me know who wins. :):)
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Most likely winners: Oso, seat members, .... the rest of that crowd most likely did each other in. :cool: for sure it wuzznt the perverts cuz they waz too "distracted".
 
Quote from rcj:

Boib

Registered: Mar 2002
Posts: 227

04-29-07 11:37 PM
--------------------------------------------------------------------------------
Quote from rcj:

Yeah, its gonna be a dog fight monday; seat members, robots, black boxes, Oso, tricksters, dipsters, perverts, unrepentant felons, idiots, krak whores, spoofers, ....
--------------------------------------------------------------------------------

Damn I'm going to miss the whole thing. Someone keep track and let me know who wins. :):)
----------------------------------------------------------------------------------
Most likely winners: Oso, seat members, .... the rest of that crowd most likely did each other in. :cool: for sure it wuzznt the perverts cuz they waz too "distracted".

Hi rcj;

I don't think you meant anything by this, but I'll tell you I don't like being put on "the exception" list.

Bottom line, I'm just doing what I do. I had an epiphany regarding my trading style about 6 weeks ago, sparked by reading this thread. Amazing what you can find in ET. Even more amazing as to what can be stirred when one is ready. Never looked back after day one! Up until then I was successful but stressed *averaging* just over $600 a day. Much happier and wealthier now, but still just another market participant, like you.

Osorico :)
 
Quote from osorico:

Hi rcj;

I don't think you meant anything by this, but I'll tell you I don't like being put on "the exception" list.

Bottom line, I'm just doing what I do. I had an epiphany regarding my trading style about 6 weeks ago, sparked by reading this thread. Amazing what you can find in ET. Even more amazing as to what can be stirred when one is ready. Never looked back after day one! Up until then I was successful but stressed *averaging* just over $600 a day. Much happier and wealthier now, but still just another market participant, like you.
Osorico :)
Oso ... Re; the first sentence. I like your straight communication habit. I was just comm. respect for your ability. Nothing more, nothing less. I received you "msg" ....language is important, isnt it? ....as well as the thought behind it.

Ive looked briefly at the thread you linked in the second paragrah. Im curious what aspect(s) there triggerd change for you.
Maybe risk related to exposure time in trade...???
 
Quote from osorico:

Brain food is working.

I've noticed a few things regarding MY trading the last 3 trading days. Firstly, it's important to say my trades have a time aspect as well as a price aspect.

1) Recent price action has been limited between narrow price zones. Today for example about 10pt zones based on the zeros (60,70,80, etc) . Almost like pivots! :confused:

2) movement from zone to zone is occurring at the far-end of the time spectrum. Because such moves take abnormal time to work, it is being greeted with s/r mentality, capping and plugging the action in the then current zone.

It is this, what i consider abnormal time aspect, that is playing havoc with my entrys and subsequent risk management based on price.

For the rest of the day my plan is...

A) full positions only. Put on towards the tail of anticipated time spectrum. Of course, clear-cut time/price opps are always an option too.

B) Stops will be placed for catastrophic purpose. Not necesarily at a price for taking me out. Since the trades will likely be time heavy, it should greatly enhance (ie reduce) market exposure by providing much faster feedback to the validity of a trade.

Now that I *think* I got it figured out, the trading environment is gonna change. Just watch. :D

Good trading to all.
Osorico [green, but not pleased with stats or money]
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This is pure.....clear.... and points to action. Love th reasoning from observation of price action and time ...going to plan....and then action.

It seems (to me) many of the turns during the day are are 10 and 20 pts in range. But, not always indicating s/r.
 
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