No open positions today. Need price to confirm ideas.
Journal of index futures trading
- Thread starter masterm1ne
- Start date
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Part of the reason for no trading is the fact I have changed my strategy a little to incorporate more technical analysis, and fundamentals.
Today I was finally motivated enough to create a back test of my new pure TA system (does not take into consideration fundamentals).
Other than this I will use news and economics to increase winning trade probabilities.
Program uses " stop [1] c " for order entry syntax to have more realistic fills.
I also allowed for generous slippage/commission that I don't suffer from because I use limit orders.
Today I was finally motivated enough to create a back test of my new pure TA system (does not take into consideration fundamentals).
Other than this I will use news and economics to increase winning trade probabilities.
Program uses " stop [1] c " for order entry syntax to have more realistic fills.
I also allowed for generous slippage/commission that I don't suffer from because I use limit orders.
+ 587.55 on 1 NQH1 today, trade still open...
account @ 9.1k
I'm going to put a sell stop 100 dollars above my entry price (cut losses short).
account @ 9.1k
I'm going to put a sell stop 100 dollars above my entry price (cut losses short).
Strategy has changed a lot since I began the thread.
I incorporate much more into my trading now. Though it might make
it harder to trade, the more statistics in your favor, the better your probabilities right?
I incorporate much more into my trading now. Though it might make
it harder to trade, the more statistics in your favor, the better your probabilities right?
Failed to pull the trigger this week on a clearly bullish trend.
Tried setting buy limits on price on seemingly support points.... Failed so hard 3 times... prices came withing points of triggering my limits, guess it's another form of letting greed lose you money..
Tried setting buy limits on price on seemingly support points.... Failed so hard 3 times... prices came withing points of triggering my limits, guess it's another form of letting greed lose you money..
Crazy price action tonight... Regardless:
Long x 1 NQH1 @ 2293.25
Long x 1 NQH1 @ 2293.25
Accidental exit at 2323.... Guess I forgot to cancel a limit.... F**K
Buy limit placed @ 2323 for now..
Buy limit placed @ 2323 for now..
Breaking my rules like the usual idiot.
-1k (@ 8,663 with the account.)
-1k (@ 8,663 with the account.)
Price divergence between DIA / QQQQ show we're at a top, same thing with my TA says to sell. For some reason I'm still long, going to wait for break of a trend line to stop/reverse.
@ 9.1k with the account.
Held onto position just long enough to recoup half of what I was down. Trend is undetermined for me, so I am staying out.
Held onto position just long enough to recoup half of what I was down. Trend is undetermined for me, so I am staying out.
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