1% a day and MM

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

  1. tango29

    tango29

    =+9 ticks, es = 0 on 2 trades. That leaves net +238.05. Goal met and new goal is at $160 since the account moved over $16000 yesterday. Next contract add is now at $18000.
     
    #71     Nov 14, 2003
  2. tango29

    tango29

    today. for anyone who cares sorry. will stick to only having 3 open contracts at a time, so if one trade looks better than current one i am in i will close and enter. will stick with deciding at the time of the trade whether to trail or take goal if i get it. Seems foolish to not let it go if it s running.

    back in a bit
     
    #72     Nov 17, 2003
  3. tango29

    tango29

    out 2 44.75 946..trail 1
     
    #73     Nov 17, 2003
  4. tango29

    tango29

    +4 total= + 185.6 net. Lower highs again as entry..actually late on the entry, could have been in 1 pt earlier. The gap down, and the thought that often time they run it up a little or down opposite the gap on the open helped.
     
    #74     Nov 17, 2003
  5. tango29

    tango29

    just reread my post and i mistyped entry reasoning. Menat to say higher lows as opposed to lower highs, plus the gap move opposite. Hope all had a great morning. Very nice move down!
     
    #75     Nov 17, 2003
  6. ...I trust you noticed nobody is paying any attention to you at all. Like me, they probably all hate you because you are making money. I my case, I hate you even more because you are making money trading DISCRETIONARILY. You are embarrassing me. I wish I could trade like you do, but there is no hope for me. I am going to start a thread to get you banned, you are such an offense and abomination. What do you DO? Are you a pro (no, not THAT kind of whore)?
     
    #76     Nov 17, 2003
  7. 4xis2ez

    4xis2ez

    Any more trades today?
    My analysis suggests this will be a down week. I am looking for a retracment to buy qqq puts. I believe the s&p should be traded intraday short mostly. IMHO.
     
    #77     Nov 17, 2003
  8. Since this is a fixed % experiment, I say take the goal every time, and see where the experiment goes.

    Jay
     
    #78     Nov 17, 2003
  9. tango29

    tango29

    quite a few more trades, but this account only gets whatever it takes to make goal, hopefully. For the most part I will close out at the goal, but if I can trail one I don't see a problem with it as part of the idea is to use money management to increase contracts, and that happens as the account grows. So if I can get a little more the sooner the next contract gets added.
     
    #79     Nov 17, 2003
  10. tango29

    tango29

    boring news release I guess. :)
     
    #80     Nov 18, 2003