Jeff's Trade Journal

[NDJeff02]

L NQ @ 1775

 

[NDJeff02]

cover NQ @ 1773.25 -7 ticks

 

[NDJeff02]

S ES @ 1092.75

 

[NDJeff02]

cover @ 1093.50.....-3 ticks.....a thousand cuts today, but small ones at least

 

[NDJeff02]

S ES @ 1093.50......giving it another shot here

 

[NDJeff02]

Covered @ 1094.50 for -4 ticks......just brutal so far today, taking all good signals but just can't get anything going

 

[david666]

Your stops make no sense to me. One you are trading in no mans land. Your stops should be the place you know you are wrong. Yet you place your stop then reenter at the same spot? Two, Your stops are too tight. This can be very useful but you arent at th level to fully handle them.

 

[NDJeff02]

S NQ @ 1778

 

[NDJeff02]

Cover @ 1776.50 for +6 ticks

 

[NDJeff02]

Hi David, I don't actually use set stops when I'm in a trade. I get out whenever the conditions for being in the trade change. Sometimes that's with a scratch, sometimes with a 4 tick loser. Those two trades you were talking about it was basically coincidence that I ended up shorting again where I had covered the previous short.