IncreaseNow's "Sell/Short" Futures Journal

increasenow · Mar 14, 2010

if you cats were daytrading Gold...how many points in total would you look for per day in total?

deaddog · Mar 14, 2010

Quote from increasenow:

if you cats were daytrading Gold...how many points in total would you look for per day in total?

How many points are you prepared to lose?

increasenow · Mar 14, 2010

Quote from deaddog:

How many points are you prepared to lose?

I really want to start going after 5-10 points...at least 2-3...prepared to lose...well, 1...

deaddog · Mar 14, 2010

Quote from increasenow:

I really want to start going after 5-10 points...at least 2-3...prepared to lose...well, 1...

So I think we are making progress

Rule: I will set my stop 1 point below my entry.

How does that sound?

increasenow · Mar 14, 2010

Quote from deaddog:

So I think we are making progress

Rule: I will set my stop 1 point below my entry.

How does that sound?

is that a joke?

deaddog · Mar 14, 2010

Quote from increasenow:

is that a joke?

No. No joke.

How do you propose to only lose 1 point ?

Fireplace · Mar 15, 2010

*crickets* *crickets* *crickets*

deaddog · Mar 15, 2010

I think he is still strugging with the concept of risk control.

How to limit losses with using a stop

increasenow · Mar 15, 2010

took hard 3.2 mini Gold loss today...DONE with mini-Gold...why?..the bid/ask spread is a BBBBBBBIIIIIIIGGGGGGG as the Grand Canyon...tomorrow...eyes on Sugar, Soybeans and...

Fireplace · Mar 15, 2010

Hmmm, this is unacceptable. You traded gold last week and had no complaints about the spread.

You'll be breaking your 'pledge' to everyone. Are you sure you want to do that?

Quote from increasenow:

took hard 3.2 mini Gold loss today...DONE with mini-Gold...why?..the bid/ask spread is a BBBBBBBIIIIIIIGGGGGGG as the Grand Canyon...tomorrow...eyes on Sugar, Soybeans and...