NQ Journal - 2015

[Buy1Sell2]

If not stopped out on the day trade before closing, I will maintain the stop I currently have at 4403.25

 

[Buy1Sell2]

-Day Trade 4416.00 short Initial stop 4447.50
--Stop lowered to 4403.25
--Stopped out at 4403.50 for 12.5 pt gain.

 

[Buy1Sell2]

Day trade long 4395.00 Initial stop 4382.00

 

[Buy1Sell2]

Day trade long 4395.00 Initial stop 4382.00

Stopped for 13 pt loss

 

[Buy1Sell2]

--Day trade long 4373.00 Initial stop 4323.00

 

[jimmiebarton]

a 50pt stop!

 

[tiddlywinks]

a 50pt stop!

Based on it being a day-trade and the round number I would think it's more a "catastrophic" money stop rather than a structure stop. There is no law that requires a stop must trigger in order to exit the trade. But in the event of some sort of catastrophe (power outage, exchange halt,, flash crash/rally) at least there is an effort to protect.

 

[Buy1Sell2]

Based on it being a day-trade and the round number I would think it's more a "catastrophic" money stop rather than a structure stop. There is no law that requires a stop must trigger in order to exit the trade. But in the event of some sort of catastrophe (power outage, exchange halt,, flash crash/rally) at least there is an effort to protect.

This is an experimental trade (with real money) using a much longer time frame for the stop as if it were a position trade.

 

[Buy1Sell2]

we should rise from here for a bit.

 

[Buy1Sell2]

must clear 4464.00 by a couple of points to have legs potential.