S/R Emini Journal

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Quote from 4re:

Did anybody other than Vol make some money today? Looks like I have picked a good week to have to work. I don't think I would have gotten a trade in even if I was sitting in front of the monitor all day.
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I did ok scalping yesterday.
 
Quote from TinGull:

I bet today will be fun, though. Shaping up that way anyhow.
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I just hope we don't have to wait for the FOMC's Minutes to be release, at 2:00 p.m., before we see some momentum.
 
Quote from TinGull:

Do you guys use time stops at all? If so...how long are you in a trade before you say...to hell with it?
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Normally I use an hour as a time to get out. My backtesting has shown me that using my system if I haven't hit my profit in less than an hour it's very unlikely that I will hit it.
 
Thanks. I usually get weirded out if it's not there in 15 minutes...in markets like this though, trading is tough anyways. Got stopped out of 2 out of the last 3 trades this week, so I'm done until we see some trending.
 
Quote from TinGull:

Thanks. I usually get weirded out if it's not there in 15 minutes...in markets like this though, trading is tough anyways. Got stopped out of 2 out of the last 3 trades this week, so I'm done until we see some trending.
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Yep! I like those quick hitters too. Actually I've done some, time in trade averaging, and have found that the vast majority of my full profit winners happen in 30-45 minutes.
 
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