S/R Emini Journal

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mauled

Averaging a loser over a 10 point move and puking at the bottom for 6 point loss, then chasing and taking double the previous position right before a 6 point squeeze occurs. But if this type of trading works for you, go with it.
 
Quote from 4re:

I would like to publicly thank Speculari for doing almost all the work on this. We have been playing with software for the last 2 days trying to get this working.

If this is in any way helpful to you then make sure to thank Speculari as well.

Note: If you don't get the video on the first one drop down and start downloading from the second set. That is what I had to do.

Gary
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Very nice, thanks!!!

That British accent threw me off a little.

Must be from the South of England :)
 
And to clear the air, I am not hating on Romik at all. Just pointing out the downfalls to averaging as back to the original debate.



I had 3 losing trades today, all from the long side. As of right now everyone of them would be a winner if i did not stop out and kept averaging. Today I would have came out great by averaging but what about days where we just grind one way or when you have the wrong trade on from the start and reverse once the move is over.
 
Quote from joeyata1:

man romik i feel your pain.when you're getting mauled like this why not call it a day?why keep trading?
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I had a good short today, which has put in the black (even after the long was closed. In the red right now, but I am not too concerned about the unrealised loss.

This is a typical scenario, when you get winner after winner a poster will get words of praise and when there are losses, even unrealised ones, the bashers are out. Do I care? I do not give a flying Big F about the bashers. I hope that clarifies things.

Vol, you were right today, but I would like to see consistency in calling reversals during other trend days, when the idea that covering should start any time is thrown back at you with continuation of the initial move. So, remain humble my good man would be my recommendation. No point starting a cock fight. I remember there was a thread (removed later for ET etiquette reasons I suppose) where another poster posted your calls on ET, some of them were abandoned or am I mistaken?
 
Quote from DonKee:

Very nice, thanks!!!

That British accent threw me off a little.

Must be from the South of England :)
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LOL...I told everyone on there ahead of time. I am a Texas boy and I do have an accent. I sound like a total dork on there.

Now after listening to that would you really want me diagnosing your brain disorder?
 
Quote from 4re:

LOL...I told everyone on there ahead of time. I am a Texas boy and I do have an accent. I sound like a total dork on there.

Now after listening to that would you really want me diagnosing your brain disorder?
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Yea, but only if I had longer than 10 minutes to live LOL
 
Quote from DonKee:

Yea, but only if I had longer than 10 minutes to live LOL
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After hearing my voice I can't say that I would blame anybody. On a good note, my accent is mild compared to the rest of my family...LOL
 
Your style works on trend days much like gary's but on chop it does not work very well. My way is the opposite, I usually get killed on a trend day unless it agrees with my predefined bias. My definition of killed is -2 points for the day. Obviously you have a higher pain tolerance than me.
 
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