Quote from riaamaan:
I'd stick with a daily blotter post showing the trades....and that's about all I'd say. It's not like you said you could do this. I interpret it more as a "let's see if this can be done" situation.
You have nothing to be ashamed of if you don't make it and everything to be proud of if you do. It's a can't lose situation. Just ignore the negative and in order to keep reader interest, post daily results.
I presume you started the journal for a reason.
Quote from RedDuke:
Allen,
If it does not take too much of your time and you do not mind, I would go with daily. Posting every trade like you did in the beginning was too time consuming, but a daily statement would be a great way to demonstrate this experiment.
Regards,
redduke
Quote from RedDuke:
Allen,
If it does not take too much of your time and you do not mind, I would go with daily. Posting every trade like you did in the beginning was too time consuming, but a daily statement would be a great way to demonstrate this experiment.
Regards,
redduke
The 10 minute reference is important. Why? Time =risk in this market. However, volitilty needs to be present for implementation.Quote from YouCan:
Allen,
I consider your experiment awesome.
I also believe that an end of day trading log would offer your readers a better reason to check this "journal" daily and would keep the interest & engagement with what you try to accomplish at a high level.
A profit of 2 points on a daily basis in ES is not an easy task. You mentioned that your trades show their potential in 10 minutes.
Does it mean that you close your position immediately after 10 minutes if it moves the opposite way or sideways?
Do you close all your positions overnight?