Passage to $1 Million

Smiles, if your planning to turn this onto a paying service, I dont see anything wrong with that. But i'm disappointed and puzzled that you refuse to answer the question.
 
Quote from pcp198:

Smiles, if your planning to turn this onto a paying service, I dont see anything wrong with that. But i'm disappointed and puzzled that you refuse to answer the question.

PCP,

We felt this concern had already been addressed previously as the first journal entry said. The goal is not to start a service.

"My goal is to show that it is not impossible to achieve decent success with modest capital available."

The live sessions have shown to be helpful and informative to those who have taken advantage of them. These are not our own opinions, but from people that have joined in and asked questions.

Hopefully this address this issue?

Smiles
 
It is really amazing to squeeze profits in slow days like today.
It seems you made your first two short on last night and early this morning?
could i know what time frame you use to trade, and how many time frames you usually watch?
Meanwhile, for the first two trades, since you got out with 5 pts target, where you set your stop, 2.5 pts?
Thank you so much

Quote from smilestraders:

Today's live trading session went well. The market didn't cooperate too much in the afternoon, but we were able to pull out some profits before lunch.

Daily Summary for Monday July 26th, 2010:

S 1103.50 exit 2 1098.50 exit 1 1102 +11.5 total
S 1100.50 exit 2 1098.50 exit 1 1099.25 +5.25 total
L 1099.75 exit 2 1100.75 exit 1 1102.50 +4.75 total
S 1105.75 s/o all 1106.50 -2.25 total
S 1106.00 s/o all 1106.75 -2.25 total
L 1106.75 s/o all 1104 -8.25 total
L 1104.75 exit 2 1106.25 exit 1 1104.75 +3 total
S 1109.75 exit 2 1108 exit 1 1108.50 +4.75 total

Total trading 3 contracts +16.50 points. 5.5 points/contract. A good day.

Smiles
 
Quote from luckylucy:

It is really amazing to squeeze profits in slow days like today.
It seems you made your first two short on last night and early this morning?
could i know what time frame you use to trade, and how many time frames you usually watch?
Meanwhile, for the first two trades, since you got out with 5 pts target, where you set your stop, 2.5 pts?
Thank you so much

Lucky,

Yes, the day really didn't cooperate much in the afternoon, so luckily we did well in the morning.

1) The first short was in the globex, but the second one as in the pit session.
2) We use the 1220 tick, 60 minute, daily, weekly, monthly. But primarily the 1220 tick and 60 minute.
3) For the 1103.50 short, stop was @ 1106.50. For the 1100.50 stop, the stop needed to be 1106.50 again. The stop needed to be the same place for both, we just got lucky on the first entry, b/c it allowed a smaller stop.

Hope those answers are clear,
Smiles
 
Smiles,

Great live trading session today! I hope you do another. You have tremendous patience in waiting for the right set-up.

Typically, what portion of your trades are done pre-market?

Bronco
 
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