Johnny Rock's $100,000 Challenge
- Thread starter johnnyrock
- Start date
Live trading results:
- Added 25 shares of WEAT
- 3 trades MES
- 2 small losses and one large win (MES)
For those who are new, I am trading a small account via the IBKR mobile app
This is my fav one..I think I made it up. not sure.
Trade based on what the market is doing,
not on what you think it's doing.
Is MES the MICRO E-MINI S&P 500 INDEX? Futures trading?
I've only traded the QQQ so don't know much else. I did trade the Canadian dollar futures once and when I was a kid my dad made me buy Six Flags stock
I've only traded the QQQ so don't know much else. I did trade the Canadian dollar futures once and when I was a kid my dad made me buy Six Flags stock
The MES is the micro ES. They also offer the MNQ which is one tenth the the size of the NQ. At tax time, it's simpler than trading the SPY or QQQ, but you lose the advantage of dialing in your position size versus the ETF.
Live results:
- 3 small losses
- Scratched trade.
- As you can see, the market moved after I tightened my stop.
- One trade on the day.
- Small profit for the week (approximately 12 points on the MES)
- Still holding 125 shares of WEAT ($200/month averaging up)
- $3093
- One trade so far this week
- 1.25 point loss MES
- I'm only able to trade in the afternoons.
I only made one trade this week. Next week could be interesting.
I passed on a couple of marginal setups as we consolidate. Still holding 125 shares of WEAT.
I passed on a couple of marginal setups as we consolidate. Still holding 125 shares of WEAT.