Short DAX at 7740

Quote from ASusilovic:

If NO bad news, we might climb to 7515...today...hopefully not too optimistic...:p

HAHA! I saw that bar form and I thought AS has got his fill (7 lots at 17?). Good job. Why did you set the trap at that level - is it some type of fib number retrace?
 
Long 3 off pivot, divergence reached range on 1 min chart

scaled out 2 lots +7

+5.5 on 3rd, possible H&S on 1 min chart

Will short 1 lot below pivot break

not shorting here, histogram doesn't look positive to be short, missed opportunities are not money lost anyhow.
 
Quote from PointOne:

HAHA! I saw that bar form and I thought AS has got his fill (7 lots at 17?). Good job. Why did you set the trap at that level - is it some type of fib number retrace?

got to keep some secrets... ;=)
 
Quote from ASusilovic:

Buying FDAX 7456...:D

Hmmm, I have observed you for quite a while mate, and you are having excellent results. However, this trade is not one of your best. Maybe in the end it'll turn out great, hope so....if I'm wrong on this, I apologise for any error, I just want to see you address the issues shown in the image-missed profit, missed short, holding a loser too long....finally, the next day, great entry:D
 

Attachments

Quote from ExitsareVital:

Hmmm, I have observed you for quite a while mate, and you are having excellent results. However, this trade is not one of your best. Maybe in the end it'll turn out great, hope so....if I'm wrong on this, I apologise for any error, I just want to see you address the issues shown in the image-missed profit, missed short, holding a loser too long....finally, the next day, great entry:D

Slightly unfair comment ImO considering AS is a swing/position trader. Last entry was bang on the money, previous one was still very good considering risk/reward.
 
Quote from ExitsareVital:

Hmmm, I have observed you for quite a while mate, and you are having excellent results. However, this trade is not one of your best. Maybe in the end it'll turn out great, hope so....if I'm wrong on this, I apologise for any error, I just want to see you address the issues shown in the image-missed profit, missed short, holding a loser too long....finally, the next day, great entry:D

EntriesareVitalTOO...;=) :D
 
Quote from JSSPMK:

Slightly unfair comment ImO considering AS is a swing/position trader. Last entry was bang on the money, previous one was still very good considering risk/reward.

Heh, my ego is not so fragile, but obviously his is (name calling already?).

To answer your post: I tried to be polite in the way I phrased it, and made several positive comments. However, he held a weak hand all day and did nothing to improve it. So, he wasted the whole of Monday through a bad entry and no exit. Nothing wrong with pointing that out, it's the truth, and in trading, reality is costly.....still waiting for him to answer my points......
 
Quote from ExitsareVital:

Heh, my ego is not so fragile, but obviously his is (name calling already?).

To answer your post: I tried to be polite in the way I phrased it, and made several positive comments. However, he held a weak hand all day and did nothing to improve it. So, he wasted the whole of Monday through a bad entry and no exit. Nothing wrong with pointing that out, it's the truth, and in trading, reality is costly.....still waiting for him to answer my points......

ExitsareVital, you´re obiously not following this thread - if so - you would understand that I am running different strategies. One of them is to build a long-term position in FDAX and dynamically hedging my positions as quoted recently =>
Here we go, new week, new luck !

Long FDAX, dynamically hedging positons...

You can find here a maybe useful piece of paper concerning "dynamic hedging strategies for portfolios of derivatives", by Simon BENNINGA and Zvi WIENER from WHARTON SCHOOL ( University of Pennsylvania ):

http://finance.wharton.upenn.edu/~b.../mma/MiER71.pdf

Reading WIENER´s and BENNINGA´s "dynamic hedging strategies for portfolios of derivatives" maybe will give you a glimpse of what I am doing right now...

And concerning ego...well, I am as arrogant, self-confident and positive as a successfull trader MUST be ! Ha, ha, ha....;=) :D
___________________________________________

Keep smiling, keep shining, keep cool...:p
 
Back
Top