Oh No, NOT Another S&P EMini journal...

Quote from myminitrading:

I dont understand what your doing just posting long 32 contracts, long were? 1240? 1245?
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Please see my previous response and my style of trading. My average trade-in and trade-out price varies from moment to moment.
In this post, I outline what is sufficient for me to learn from.
 
Quote from goodday:

Long 32 contracts
Closed for net profit = $550.50

Flat before 8.30 AM news.
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32 lots long with $550.50 profit? Have you considered posting your trades in real-time at least? I mean what's the purpose of your journal?
 
Quote from goodday:


In this post, I outline what is sufficient for me to learn from.
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All I see is how many contracts you traded, long or short, and
what your PnL was for the day.

What are you learning from posting this?..:confused:
 
Quote from goodday:

Long 32 contracts
Closed for net profit = $550.50

Flat before 8.30 AM news.
More...

Here is what I learn. At the start goodday explained he had worked out an emini style for himself after many long years of hard experience. At the start of the thread he was making large profits. Then he ran into difficulty and switched to his plan for when that happens. That was informative. Now he is back to steady profits but they are less it seems than before, and I imagine he his taking his time working it up again. Thanks goodday that is interesting to watch unfold.
 
Quote from chrisofj:

Here is what I learn. At the start goodday explained he had worked out an emini style for himself after many long years of hard experience. At the start of the thread he was making large profits. Then he ran into difficulty and switched to his plan for when that happens. That was informative. Now he is back to steady profits but they are less it seems than before, and I imagine he his taking his time working it up again. Thanks goodday that is interesting to watch unfold.
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Thanks, chrisofj, for your observations.

I have two comments to make.

1. As an ex-college professor, I have learned one thing in life. Spoon-feeding does not really help anyone. And, the one who is really interested will search and find the answers. Learning in this format is the BEST way to learn.

2. I have not started this thread to "teach" anyone anything, leave alone how to trade. I only wanted to LEARN from my mistakes. Surprising as that may be to others, the journal is accomplishing that goal quite well. If others benefit from it, it is wonderful. For those who "seek", there are a lot of nuggets to benefit from this journal. What you get out of this post is upto you.
 
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