HOME FORUMS BROKERS SOFTWARE BOOKS CONTACT US
Elite Trader Your Account  •  Become a Member  •  Help  •  Search    
    Forums ›› Trading for a Living ›› Journals ›› ES Trend Following  


Post A Reply
    Page 38 of 46:   « First Page   29  30  31  32  33  34  35  36  37   38  39  40  41  42  43  44  45  46  
mastacoli71
 

Registered: Dec 2006
Posts: 2092

 

07-30-12 03:40 PM


Quote from mastacoli71:

beautiful trade bomb. yes, i am below the 52.75 level. quite far from closing price so there has got to be more efficient way of stopping out.

good luck with the trade.



below 75.75 now

    Edit/Delete Quote Complain
Bombardier
 

Registered: Sep 2011
Posts: 194

 

08-02-12 02:00 PM

Shorted @ 1369.25, Stop @ 1384.00

Whatever news was announced, the market swung up and reversed massively. I recognize it as a serious threat and reversed short at this point. At least I could secure some 30 points from the previous trade.

Total profit since beginning: $16,862.50

    Edit/Delete Quote Complain
Daal
 

Registered: Oct 2002
Posts: 8998

 

08-02-12 02:04 PM


Quote from Bombardier:

Shorted @ 1369.25, Stop @ 1384.00

Whatever news was announced, the market swung up and reversed massively. I recognize it as a serious threat and reversed short at this point. At least I could secure some 30 points from the previous trade.

Total profit since beginning: $16,862.50



Are these mental or physical stops?

    Edit/Delete Quote Complain
gmst
 

Registered: Jul 2011
Posts: 3696

 

08-02-12 02:12 PM


Quote from Bombardier:

Shorted @ 1369.25, Stop @ 1384.00

Whatever news was announced, the market swung up and reversed massively. I recognize it as a serious threat and reversed short at this point. At least I could secure some 30 points from the previous trade.

Total profit since beginning: $16,862.50



nice switch it seems. Market has potential to go down 20 points here at least.

    Edit/Delete Quote Complain
Bombardier
 

Registered: Sep 2011
Posts: 194

 

08-02-12 02:21 PM


Quote from Daal:

Are these mental or physical stops?



Always physical stops placed in the market. For both the protective and the trailed stop.

    Edit/Delete Quote Complain
Bombardier
 

Registered: Sep 2011
Posts: 194

 

08-02-12 02:23 PM


Quote from gmst:

nice switch it seems. Market has potential to go down 20 points here at least.



Hopefully more! Momentum is very strong to the downside.

    Edit/Delete Quote Complain
    Page 38 of 46:   « First Page   29  30  31  32  33  34  35  36  37   38  39  40  41  42  43  44  45  46  
Post A Reply


Receive an email whenever a new post is added to this thread by subscribing to it.
 
Rate This Thread:

Forum Jump:
 

 

   Conduct Rules  -  Privacy Policy  -  Day Trader -  Day Trader Forum -  Best Trading Software -  Sitemap Copyright © 2013, Elite Trader. All rights reserved.    
 
WHILE YOU'RE HERE, TAKE A MINUTE TO VISIT SOME OF OUR SPONSORS:
Advantage Futures
Futures Brokerage & Clearing
AMP Global Clearing
Futures and FX Trading
Bright Trading
Professional Equities Trading
CTS
Futures Trading Software
DaytradingBias.com
Professional Trading Analytics
ECHOtrade
Professional Trading Firm
eSignal
Trading Software Provider
FXCM
Forex Trading Services
Global Futures
Futures, Options & FX Trading
Interactive Brokers
Pro Gateway to World Markets
JC Trading Group
Direct Access Trading
MB Trading
Direct Access Trading
MultiCharts
Trading Software Provider
NinjaTrader
Trading Software Provider
OANDA
Currency Trading
optionshouse
Option Trading & Education
Rithmic
Futures Trade Execution Platform
SpeedTrader
Direct Access Trading
SpreadProfessor
Spread Trading Instruction
thinkorswim by TD Ameritrade
Direct Access TradingAdvertisement
TradersStudio
System Building & Backtesting
Trading Technologies
Trading Software Provider
Trend Following
Trading Systems Provider