Rule of 10 Journal

Overall results before switching to new strategy

-1411.20 (including commissions)


Day 1 of new r10 strategy (9/11/2008)

+875 Gross
-57.60 Commissions
+817.40 Net
 
I like the switch to the 512 tick chart. I just pulled it up for the first time and the highs/lows seem to jump out better than the 5min I've been using. Keep up the good work!
 
Quote from Pekelo:

So who is trading the 3 digits volume on the U? Must be the amateurs... :)

People are covering their positions and/or options as well.

If you are using a tick chart, then you definitely need to go where the most volume is.
 
Quote from jagmot:

People are covering their positions and/or options as well.

Oh thanks God, so they are traders! I thought for a moment I got stuck with the amateurs. No, I don't use a tick chart...
 
Quote from Pekelo:

Oh thanks God, so they are traders! I thought for a moment I got stuck with the amateurs. No, I don't use a tick chart...

Hahaha :) I didn't catch that amateur part earlier!
 
Quote from Pekelo:


The last low was around 42.75 and this 52.75 looks promising...

This one almost got stopped out (by 2 ticks), and I guess now at 10 points we can take the gains...
 
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