My Daily Trading Results

Trading Results - May 2006

Anagu - nothing to hide except my a/c #

myeminitrading - Thanks and excellent work by you too.
 

Attachments

rateesqad ,

I daytrade the emini s&p. Trading futures requires no buying power. With a 1K a//c you could trade 1 contract.

May was a very good month. I dont expect every month to be like May. Its just that there was so much volatility during the month - that I took advantage of it and was comfortable trading with a bit more risk tolerance than usual. Happy it paid off.
 
Trading Overview - Mon June 05 2006

Support and Resistance levels are unchanged since Friday June 02

Support - 1279 - 1277

Resistance - 1296 - 1298

Planned Trades :

short with 4 pt stop into resistance
long with 2 pt stop into support

Scalps : Will be looking for a early short set-up into minor resistance at 1290 - 1291 with a 2 pt stop. If this sets up then based on the mrkt flow may hold this onto support with addons.

Lets see how the mrkt flows today
 
Quote from DTES:

Trading Overview - Mon June 05 2006

Support and Resistance levels are unchanged since Friday June 02

Support - 1279 - 1277

Resistance - 1296 - 1298

Planned Trades :

short with 4 pt stop into resistance
long with 2 pt stop into support

Scalps : Will be looking for a early short set-up into minor resistance at 1290 - 1291 with a 2 pt stop.

I'd be interested to know how you're determining support and resistance (and minor support and resistance levels?

By the way, congratulations on your great results.

Richard
 
Hi Richard,

I have attached an chart as an example showing resistance areas as of now.

For scalping I purely go by intra day market flow with Price action on lower time frame charts.

Hope this helps

PS if u cant view the script expand the chart for a better read
 

Attachments

hello first of all ... let me wish you good luck
and health this yr

I have a few questions ... feel free to answer any , all or none of them

do you mind me asking if you have visited ET before and read some of what other stock index futures traders look at to trade these instruments?

how long have you been trading ?
do you only trade stock index futures ?
how many yrs did it take you to get to this stage ?
do you ever take money out of the acct to
prevent yourself from taking too large a position?
whats your average position size and commission?

oops ... way too many questions ...

:p
 
Back
Top