S/R Emini Journal
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I have had several PM messages recently asking me more about my trading method. Since I don't really want to go back through 500+ pages either I have copied and pasted several question and answer post from early in the thread which I believe give some insight into all my strategy. Most of you have probably read this before so I wouldn't waste my time if I were you but those of you that are new here this might help you get started.
Gary
Gary
this is a possibility, when it happened to me it has cost me a lot of money and could have lost a lot more through "revenge trading", had to pull a plug that day. Basically we never know when it might happen, I am still fighting my broker over this issue, looks like I will have to pass this matter to my solicitor.
Hey Everyone,
Hope ya'll had a good weekend. I don't expect much in the way of volume this week since it is technically the last week of summer break. A lot of people will be on vacation this week. We will trade as usual though. Friday's action (or lack of) created a couple of new S/R opportunities for us. They are kind of tight so be careful and be ready to exit early if need be. Here are my numbers for tomorrow.
Long 1301.75 - 1304.25
Short 1293 - 1291.25
For a second trade of the day in case we see a trand you can also use Friday's numbers since neither was hit Friday.
Good Luck,
Gary
Hope ya'll had a good weekend. I don't expect much in the way of volume this week since it is technically the last week of summer break. A lot of people will be on vacation this week. We will trade as usual though. Friday's action (or lack of) created a couple of new S/R opportunities for us. They are kind of tight so be careful and be ready to exit early if need be. Here are my numbers for tomorrow.
Long 1301.75 - 1304.25
Short 1293 - 1291.25
For a second trade of the day in case we see a trand you can also use Friday's numbers since neither was hit Friday.
Good Luck,
Gary
Jimmyjam,
Thanks for the link. I did follow that journal a bit but currently am putting it on the back burner for the time being as my style is rather different from his currently.
Thanks also for starting the pivot journal. I've been reading bits here and there of your journal too. It is people like you, 4re and some others which I see helping others generously that touched my heart.
And no, I do not say this to butter you all up. I'm not that kind of person. I've previously paid a lot in useless course fees, newsletter subscription, market losses etc only to find that Elitetrader has some of the best information and members and I didn't have to pay a dime for it.
Hopefully, 1 day I will be able to pay some of it forward what I have gained from you all
Thanks for the link. I did follow that journal a bit but currently am putting it on the back burner for the time being as my style is rather different from his currently.
Thanks also for starting the pivot journal. I've been reading bits here and there of your journal too. It is people like you, 4re and some others which I see helping others generously that touched my heart.
And no, I do not say this to butter you all up. I'm not that kind of person. I've previously paid a lot in useless course fees, newsletter subscription, market losses etc only to find that Elitetrader has some of the best information and members and I didn't have to pay a dime for it.
Hopefully, 1 day I will be able to pay some of it forward what I have gained from you all
MY MAN 4RE.....AS USUAL BRILLIANT AND ASTOUNDING ....GOOD ANSWER AND MOST CORRECT...what counts is dollars at end of day.....contracts x 5 =big $...big range stuff...most can't do it because they trade the short time frame charts and it gives them the road lizard mentality.....i will move back to YM cave now....for another week...by the way, don't bias ur mind with what might or should happen.....only God knows that... trade what is seen by my nice friends 4re, romik, b1b2, vol, joeyata, JM, and others.....george
The reasons I started this journal were:
1. I paid for the TI course, first time I ever did something like that and they turned out to be ripoffs.
2. I got tired of seeing people ask for help and the more experienced traders basically spit on them
3. I was fortunate enough to have had several people teach me how to trade and I have gained a little bit if success doing so. Now it is my turn to pass some info on to others
4. I like the interaction with fellow traders
If someone can be helped by what I am doing it does make me happy.
Gary
P.S. I have learned a lot by doing this also and have met some great people
4re,
Thanks.
I was very disillusioned previously and was pretty much at my worst moment when a thread titled 'disillusioned' started. I also felt that many (not all certainly) were unwilling to help those struggling in their trading and that did not have the luxury of having a mentor to improve. The only group I felt for certain that would lend a helping hand was Spydertrader/ Jack Hershey's group plus some other individual traders (quite a few traders actually but I will not hijack this thread
).
Not long later, I had help from someone (who prefers to remain anonymous) asking me to look at support/resistance and pointed to your journal to start off with. I have since then progres much farther in the last 1-2 months than I ever had for the past almost 2 years (although the early years were necessary to build up the foundation that I have now). It is to these people that are willing to help especially the 'anonymous' one who I owe the greatest gratitude to.
Ok, I will stop posting my thoughts now. Stop hijacking your thread
Thanks.
I was very disillusioned previously and was pretty much at my worst moment when a thread titled 'disillusioned' started. I also felt that many (not all certainly) were unwilling to help those struggling in their trading and that did not have the luxury of having a mentor to improve. The only group I felt for certain that would lend a helping hand was Spydertrader/ Jack Hershey's group plus some other individual traders (quite a few traders actually but I will not hijack this thread
). Not long later, I had help from someone (who prefers to remain anonymous) asking me to look at support/resistance and pointed to your journal to start off with. I have since then progres much farther in the last 1-2 months than I ever had for the past almost 2 years (although the early years were necessary to build up the foundation that I have now). It is to these people that are willing to help especially the 'anonymous' one who I owe the greatest gratitude to.
Ok, I will stop posting my thoughts now. Stop hijacking your thread
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