SuperFast Profits , LowRisk trades in the futures

M

MilkDrink

Hello,

This is the method I enjoy trading, Most of my trades last about 3-20 minutes. I sit around and watch for 9 hours though, but its stressfree watching. The profits are large. Its good.


The stops are 4 ticks for all trades.
4 ticks on the CL
7 ticks on the HSI
4 ticks on the GC
4 ticks on the EURUSD

CASH-DEFAULT SELL ?0000 EUR/USD-CASH-IDEALPRO EUR CASH 1.3083 IDEALPRO 4/17/09 4:21:16 AM 410 CASH-DEFAULT Close(MKT) BUY 40000 EUR/USD-CASH-IDEALPRO EUR CASH 1.3062 IDEALPRO

4/17/09 4:39:30 AM 413 0.0002 0.0026 18m 13s 0.0021 82.40 82.40
CASH-DEFAULT SELL ?0000 EUR/USD-CASH-IDEALPRO EUR CASH 1.3085 IDEALPRO 4/17/09 4:47:20 AM 414
CASH-DEFAULT STOP LOSS;ZSTP->MKT BUY ?0000 EUR/USD-CASH-IDEALPRO EUR CASH 1.3084 IDEALPRO 4/17/09 5:10:57 AM 417 0.0001 0.0016 23m 37s 0.0001 4.00 4.00

FUT-DEFAULT SELL 1 GC-200906-FUT-NYMEX GC FUT 200906 871.?0 NYMEX 4/17/09 10:06:13 AM 431 FUT-DEFAULT PT1;ZSTP->MKT BUY 1 GC-200906-FUT-NYMEX GC FUT 200906 867.?0 NYMEX 4/17/09 10:15:56 AM 434 0.00 3.90 9m 42s 3.80 380.00 375.20



Looking to chat with other lowrisk traders.
 
Quote from vrtrop22:

Okay then do you have perfect fills because 4 tick stop loss is pretty tight
More...

Well , when I enter I usually just enter with a mkt order , cause markets move fast.


I use the ZLT software to do manage my stop work, use to use button, bracket, zlt is amazing and cheap. Some dood who wrote that must be one incredible programmer.
 
Quote from gold@42:

4 tick stop? that is very tight. What are your profit objectives?
More...

I trade patterns on the 60 minute chart , so usually the profit target is the a bar movement of the 60 minute chart or part of it at least


hopefuloly like 20 - 50 ticks - 100 ticks ( 3-4 hours) as my profit target.
It also depends on the day and the instrument, I watch 4 instruments right now

eurusd
ES
CL
GC

So today CL had a kick ass pattern setup for 60 ticks i missed while picking myt ass , but i did get the GC,
ES is uually bulemic , pattern setup every 2-3 days max

not today.


When watching multiple markets, the good thing is, at least something is wsetting up each day instead of watcihing ES chop for 2-3 straight on a 8 handle range, which sucks. 32 ticks on the whole day range is ridicolousss.v no reason to even get in a position like that considering 2 tick spread enter/exit, 1 tick commission , 3 ticks to bite you in the ass right there.

right there! mang! ridoipclous
 
You must log in or register to reply here.
Back
Top