1% a day and MM

Discussion in 'Journals' started by tango29, Nov 10, 2003.

  1. tango29

    tango29

    this is what I was looking for, to see how much it ate me when I had to take aloss with 5 or more contracts, and then have the next trade not moving also. I feel it. :) As I said the 1st trade wasn't a real good set up in terms of common s/r points and a break. I hoped the news was going to give it enough to get the quick partial which I have become conditioned to, but no this time, and I paid.
     
    #291     Jan 13, 2004
  2. tango29

    tango29

    and flat rest at ^8. Reversed again at ^9 because I was slow
     
    #292     Jan 13, 2004
  3. tango29

    tango29

    OUCH. Sold ^6.
     
    #293     Jan 13, 2004
  4. tango29

    tango29

    This is seems painfull
     
    #294     Jan 13, 2004
  5. tango29

    tango29

    Still down 7 ticks plus a goal. In looking at it after the 1st buy I should have held the rev to a sell as it was overall in a downtrend on my time frames. I blew that in an attempt to sneak in goal, which was obviously foolish.
     
    #295     Jan 13, 2004
  6. tango29

    tango29

    going for goal
     
    #296     Jan 13, 2004
  7. tango29

    tango29

    I think I'm back in black. :D I'll post as soon as I can. Have to go take a shower after all that sweating.
     
    #297     Jan 13, 2004
  8. tango29

    tango29

    made it after commision taken out. Net= 286.25. That was 5 trades, I stuck with it and didn't quit, but didn't trade based on my methods I think because I was getting goal too easy for too long! Goal was and still is + $280.Roughly 1500.00 away from adding next contract. Oh that will be fun!:D I apologize for not explaining my trades well for awhile now. I will try to get better. Getting quicker at typing with this thing on.
     
    #298     Jan 13, 2004
  9. TANGO... what type of orders did you use for entry and exits today??? thanks
     
    #299     Jan 13, 2004
  10. tango29

    tango29

    limit orders. I use them more or less as market orders as I put in in ahead of the price usually so I can get filled, but every so often I shoot for a price and get burned by it.
     
    #300     Jan 13, 2004