YM Traders

volente_00 · Oct 17, 2005

I have not tried it. I do not like to change things up when it comes to execution.

volente_00 · Oct 17, 2005

who wants to bet that if YM rises from my cover point there will be a post in the morning about how I just happened to cover 5 points off of the low and it must have neen an after the fact trade.

balda · Oct 17, 2005

volente,

just post a few losers and everyone will be happy.

jzlucas · Oct 17, 2005

Any Trademaven users w/ Transact data feed not getting connected today? I keep losing my connection.

jzlucas · Oct 17, 2005

Finally logged back in to Trademaven. 1 quick scalp so far

stevegee58 · Oct 17, 2005

So on your chart, "1" is entry and "2" is exit? Do I read correctly that that was a 5 point scalp?

blackguard · Oct 17, 2005

guys, has my 10200 entry point been seen yet?

understand now why I don't need a stop there? why use a stop at a turning point?

just a thought

blackguard

jzlucas · Oct 17, 2005

Quote from stevegee58:

So on your chart, "1" is entry and "2" is exit? Do I read correctly that that was a 5 point scalp?

That is correct. Short 349, Exit 345. +4

stevegee58 · Oct 17, 2005

Interesting. I've been playing around with a 5 point TP and a 10 point trailing SL at support/resistance/trendline. I seem to be batting around 70% in simulated trading.

Trade durations are typically < 5 minutes, but with the ATR on 5 minute bars running around 10-15 points, it's no surprise.

Neodude · Oct 17, 2005

hmmm, so you are making $1750 from 70 trades and losing $1500 from 30 trades out of 100, with a profit of $250 total? Any idea how your commissions are going to effect this?

-Neo

Quote from stevegee58:

Interesting. I've been playing around with a 5 point TP and a 10 point trailing SL at support/resistance/trendline. I seem to be batting around 70% in simulated trading.

Trade durations are typically < 5 minutes, but with the ATR on 5 minute bars running around 10-15 points, it's no surprise.

YM Traders

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