Why do people just don't believe me?
Even when I post a losing trade, I need to post some form of evidence that I actually did. Unbelievable..
Posting a thread on "Market Monk" I was accused of being the MM, and they shut that thread down. And now.. marketsurfer.. ah.. f*k it.
Remember, I only had an issue with MOVING STOPS. I always had a great strategy/plan/method.
Right now, being the intraday YM margin is $500, I increased my contracts to 10 cars per pop. I don't take partial profits and let the others ride or what not. And I try to stick with a consistent # of contracts for a full month.
Thus, I increased to 10 contracts starting THIS FRIDAY, July 1, 2005.
I observed my own trading, and cut out some of those stupid trades that only had a 50/50 chance, and where I usually end up moving stops.
I have 80% winning strategy. Only draw back is that the R/R is 1:1. I counter that by getting out at Break Even Point Often. Half of the losing trades in the 20% are usually Break Even trades.
Last Friday's Results: (didn't save the blotter.. damn, I should've!!)
10 contracts each trade:
Comm: rounded upto $5 per contract.
Trade 1: -$ 500, Comm: -$ 50, Net: -$550, Total: -$550
Trade 2:+$ 550, Comm: -$ 50, Net:+$550, Total: -$50
Trade 3:+$ 550, Comm: -$ 50, Net:+$500, Total:+$450
Trade 4:+$ 50 , Comm: -$ 50, Net: $ 0 ,Total:+$450
Trade 5:+$500, Comm: -$ 50, Net:+$450, Total:+$900
Trade 6:+$500, Comm: -$ 50, Net:+$450, Total:+$1,350
Trade 7:+$200, Comm: -$ 50, Net: +$150, Total:+$1,500
Friday was a bad day due to the horrible range that we were in for the most part. My daily goal is $2,000 at the very least.
That was 70 contracts on a very bad day where the Potential Pts was less that 70 pts (calculated from a moving average.)
From doing one contracts, my average for the last couple of days of trading this was around 15 RTs. and multiply that by 10 and you get 150 per day x 20 = 3000 RTs per month. Opps, I was wrong. SORRY!!!
Even when I post a losing trade, I need to post some form of evidence that I actually did. Unbelievable..
Posting a thread on "Market Monk" I was accused of being the MM, and they shut that thread down. And now.. marketsurfer.. ah.. f*k it.
Remember, I only had an issue with MOVING STOPS. I always had a great strategy/plan/method.
Right now, being the intraday YM margin is $500, I increased my contracts to 10 cars per pop. I don't take partial profits and let the others ride or what not. And I try to stick with a consistent # of contracts for a full month.
Thus, I increased to 10 contracts starting THIS FRIDAY, July 1, 2005.
I observed my own trading, and cut out some of those stupid trades that only had a 50/50 chance, and where I usually end up moving stops.
I have 80% winning strategy. Only draw back is that the R/R is 1:1. I counter that by getting out at Break Even Point Often. Half of the losing trades in the 20% are usually Break Even trades.
Last Friday's Results: (didn't save the blotter.. damn, I should've!!)
10 contracts each trade:
Comm: rounded upto $5 per contract.
Trade 1: -$ 500, Comm: -$ 50, Net: -$550, Total: -$550
Trade 2:+$ 550, Comm: -$ 50, Net:+$550, Total: -$50
Trade 3:+$ 550, Comm: -$ 50, Net:+$500, Total:+$450
Trade 4:+$ 50 , Comm: -$ 50, Net: $ 0 ,Total:+$450
Trade 5:+$500, Comm: -$ 50, Net:+$450, Total:+$900
Trade 6:+$500, Comm: -$ 50, Net:+$450, Total:+$1,350
Trade 7:+$200, Comm: -$ 50, Net: +$150, Total:+$1,500
Friday was a bad day due to the horrible range that we were in for the most part. My daily goal is $2,000 at the very least.
That was 70 contracts on a very bad day where the Potential Pts was less that 70 pts (calculated from a moving average.)
From doing one contracts, my average for the last couple of days of trading this was around 15 RTs. and multiply that by 10 and you get 150 per day x 20 = 3000 RTs per month. Opps, I was wrong. SORRY!!!
