My 1st day trading futures

Quote from Tums:

nice dream.

if you can't sim one at a profit, anything else is just a silly game that bemuses the bored. Obviously realistic profitability is not your desired destiny.
More...


I can't sim a a profit???????????? Check out the file. It is up 30K for that day.



As for my destiny, thank you Obi One for sharing your ideas, go play your jedi tricks on someone else mr. destiny.
 
Quote from Sniemiec:

No I'm being genuine. I'm trying to understand where you bought and sold (and hopefully, why) but the time stamps are off due to time zone difference.

How much equity are you using to do that?
More...


Well,once i get the trend right I go for 1 pt. gains using 10 contracts. Most of the time i get it. Upon exiting the trade I re evaluate and if there is merit I go in for another round. As for equity I would say anything less than 100K would be too risky considering the initial entry of 10 lots. However, one could start with 10K and 1 contract for 1/10 of the profits.

P.S. I find you handle " sniemiec" intriguing. Care to share why you selected it?
 
Interesting. 1pt moves are much easier to grab then 10ptr's, which is what I'm always trying to find.

Sniemiec is, S, my first inital and Niemiec, my last name.
 
Quote from Sniemiec:

Interesting. 1pt moves are much easier to grab then 10ptr's, which is what I'm always trying to find.

Sniemiec is, S, my first initial and Niemiec, my last name.
More...

Sounds like you are a German from the Sudetenland.


As for those 1 pts. If you have your trend pat down getting that one point should be possible. Naturally when market is trending heavily you can stay much longer and taking just 1 pts is counter productive.
 
Quote from saxon22:

Sounds like you are a German from the Sudetenland.


As for those 1 pts. If you have your trend pat down getting that one point should be possible. Naturally when market is trending heavily you can stay much longer and taking just 1 pts is counter productive.
More...

Haha, nope. I'm a Canadian living in Rockies :)

I think 1pt is totally do-able, its just riding 10 contracts which scares me.
 
You must log in or register to reply here.
Back
Top