IncreaseNow's "Sell/Short" Futures Journal

Quote from Fireplace:

Of course!



But this is your journal, your journey. Stay on topic please.

Big day tomorrow, live trades galore. Get some good rest tonight please
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okay :p
 
Quote from brocklanders:

is this for real? what was your risk on this trade?
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IncNow, something of great concern is that you haven't yet answered brocklanders' question.

Did you place a hard stop? Mental stop? At what price?

It's these itty bitty details that will eventually wipe you out if you don't solidify them from the start.
 
Quote from NoDoji:

IncNow, something of great concern is that you haven't yet answered brocklanders' question.

Did you place a hard stop? Mental stop? At what price?

It's these itty bitty details that will eventually wipe you out if you don't solidify them from the start.
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on that trade...had a hard actual stop of 1 point for the GC...equals $100.00...not willing to do more right now...
 
Quote from increasenow:

on that trade...had a hard actual stop of 1 point for the GC...equals $100.00...not willing to do more right now...
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A buck in GC is noise. You need to be out at a dollar-gain if running a dollar stop. You will be stopped left and right.

You realize that you're going to need to sit on your hands and not take plays that risk 5 to earn 1. Your timing on that trade was random. It seems like you're desperate to prove something here, which is a recipe for disaster, or at least a slow grind to zero funds.

I would suggest you attempt to quantify your edge on each signal and run Kelly to determine bet size, or stop placement if trading one lots.

To be honest, you should be terrified to trade the way you are. Random is not a methodology.
 
Quote from Mav88:

but I want to to see him increase NOW
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Of course it's why this thread has so many eyeballs on it. The majority can't wait, and will readily admit, that they are waiting impatiently for IN to blow-out.
 
Quote from Fireplace:

Hopefully at 8:14 PM EST he is in bed getting his rest for live trading tomorrow.
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he who rushes into enemy fire gets shot - old proverb.
 
Quote from stock piker:

A buck in GC is noise. You need to be out at a dollar-gain if running a dollar stop. You will be stopped left and right.

You realize that you're going to need to sit on your hands and not take plays that risk 5 to earn 1. Your timing on that trade was random. It seems like you're desperate to prove something here, which is a recipe for disaster, or at least a slow grind to zero funds.

I would suggest you attempt to quantify your edge on each signal and run Kelly to determine bet size, or stop placement if trading one lots.

To be honest, you should be terrified to trade the way you are. Random is not a methodology.
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IncNow, read this a few times! And then tomorrow take no more than 2 trades. Trade only the best setups, and use a profit target:stop loss ratio of at least 2:1.
 
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