Journal of index futures trading

[masterm1ne]

Acc

 

[masterm1ne]

Warren Buffet has said diversificaiton is protection against ingnorance, however...

If diversification increases your probability of making a winning trade, then is it still ignorance protection?

He is dead on with his number one rule though - don't lose money.

6/8 winning trades this week in futures & fx. Will post picture when I get home.

I've changed my approach once again just slightly. I use a variety of tools to time the markets, and they are all purely technical/statiscal.

 

[masterm1ne]

Did a quick nq trade for $235 on this crazy price action.

 

[Zr1Trader]

You won't listen to this advice but you should be on sim until you know what your doing. Once profitable 12 out of 15 days go live 1 contract. The pros appreciate your donations thus far. Best wishes

 

[masterm1ne]

@ 10680 (8000 starting) with futures account

@ 2848 (3000 starting) with forex account

 

[masterm1ne]

@ 11308 (8000 starting) with futures account

@ 2888 (3000 starting) with forex account

Largest losing trade was a short I covered (-$533) in ZNM1, with one of the largest Monday long/buy biases ever. I saw the resistance point... Oops...

 

[masterm1ne]

@ 12480 (8000 starting) with futures account

@ 3038 (3000 starting) with forex account

 

[masterm1ne]

@ 11663 (8000 starting) with futures account

@ 2791 (3000 starting) with forex account

Wasn't paying close enough attention to my USD/JPY trade.

2/2 losses I took yesterday would have been less if I had waited (retrospect is a bitch).

 

[masterm1ne]

@ 122XX (8000 starting) with futures account

@ 26XX (3000 starting) with forex account

 

[masterm1ne]

@ 11910 (8000 starting) with futures account

@ 2584 (3000 starting) with forex account