My Daytrading Method

Quote from 1000:

Post todays trade before the Nymex products inventory release. Let's see if you have what it takes.

Self insults is a losers game (traders don't speak English).
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Everything that I have posted here is before I initiated the trade, therefore I have limit-prices and targets. Actually most of the time I post it the night before.

Anyway, the VR is 1295.5-1296.5.

So what this means is if the market opens below the VR, Sell-limit at 1295.5 with a stop at 1299.5.

If it opens higher than the VR, fade it at 1300 with a stop at 1304.
 
Quote from eminitrader007:

Everything that I have posted here is before I initiated the trade, therefore I have limit-prices and targets. Actually most of the time I post it the night before.

Anyway, the VR is 1295.5-1296.5.

So what this means is if the market opens below the VR, Sell-limit at 1295.5 with a stop at 1299.5.

If it opens higher than the VR, fade it at 1300 with a stop at 1304.
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Sell-limit: 1295.5
Stop: 1299.5
Target: 1289.5
 
Need to log % success rate. i.e. no. of days it worked.

Today, technical floor created at 1293.00. Try and figure that one out?

Logic suggests that the sell off in the bond market would have triggered a similar response in the equities, but it didn't.
 
Quote from 1000:

Need to log % success rate. i.e. no. of days it worked.

Today, technical floor created at 1293.00. Try and figure that one out?

Logic suggests that the sell off in the bond market would have triggered a similar response in the equities, but it didn't.
More...

well if you would go back to page 1 and read the journal from the begining, you'll be able to figure out the number of days it worked.
 
Quote from eminitrader007:

well if you would go back to page 1 and read the journal from the begining, you'll be able to figure out the number of days it worked.
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That's for you to prove not me, this is your thread. All you are doing is trying to whip up momentum, however, whoever is arbing you will just turn the volume up, leading to a lot of discontented followers. Then drink Kool Aid with them.

I guess they work in numbers in China.:cool:
 
Quote from 1000:

That's for you to prove not me, this is your thread. All you are doing is trying to whip up momentum, however, whoever is arbing you will just turn the volume up, leading to a lot of discontented followers. Then drink Kool Aid with them.

I guess they work in numbers in China.:cool:
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Well, if someone follows my recommendations here, that's their problem not mine. People should know better than to follow other people's recommendation on an online forum without doing their own DD.

I started this journal for record keeping and to see if the strategy works in live-trading. It is for my own selfish reason. I'm not trying to do anyone any favor here and I have no reason to prove it to you.

Why are you so grumpy? Did you follow my recommendations and lose money?

I guess they work in numbers in China.:cool:
 
Quote from eminitrader007:

Why are you so grumpy? Did you follow my recommendations and lose money?
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No, I don't follow, I lead.

If this is for yourself, why make it public. The only reason I can think that may motivate you, is if you are shadowing, knowing full well that you are going to be arbed.
 
Well emini it seems like there always has to be some knucklehead trader wannabee that likes to cause trouble...I suggest you just keep posting and ignore them...they'll go away. They need attention to survive and without it they die.....so let them die. So many frustrated traders who keep losing $$$$$....lol...I guess we need them to keep our own bank accounts full....Keep up the good work Emini...
 
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