2 Steps Forward 1 Step Back

Discussion in 'Journals' started by DraXon, Nov 20, 2002.

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  1. DraXon

    DraXon

    Today's results:

    10:03 Short ES @ 924.50
    12:02 Exit ES @ 922.50

    * Reason for entry: didn't look like gap was going to fill
    * Reason for exit: 4 point trailing stop

    14:00 Short ES @ 918.50
    15:37 Exit ES @ 914.50

    * Reason for entry: steadily heading lower
    * Reason for exit: support level

    Total: 6 points
     
    #11     Nov 26, 2002
  2. DraXon

    DraXon

    At about 11:15 AM or so.
     
    #12     Nov 26, 2002
  3. DraXon

    DraXon

    Today's results:

    09:45 - Long ES @ 923.50
    15:20 - Exit ES @ 937.50

    * Reason for entry: didn't look like gap was going to fill
    * Reason for exit: didn't want to take an open position home

    Total: 14 points
     
    #13     Nov 27, 2002
  4. If ever there was evidence that simplicity works, your trading is it :)
     
    #14     Nov 28, 2002
  5. dbphoenix

    dbphoenix

    :p Simplicity and balls. Never in my wildest dreams would I enter a trade just before the simultaneous release of three economic reports. That's WAY outside my risk profile.

    Bawk! Bawk!

    --Db
     
    #15     Nov 28, 2002
  6. DraXon

    DraXon

    Today's results:

    09:33 - Long ES @ 950.50
    10:02 - Exit ES @ 950.50

    * Reason for entry: Looked strong. Runaway gap?
    * Reason for exit: 4 point trailing stop.

    10:02 - Short ES @ 950.50
    11:37 - Exit ES @ 938.50

    * Reason for entry: Reversal entry. Gap fill?
    * Reason for exit: 4 point trailing stop.

    Total: 12 points

    Just a question for all you readers . . . am I providing any value by posting my trades?
     
    #16     Dec 2, 2002
  7. Absolutely. You are proving that a good trading strategy does not have to be complex. A lot of people, myself included, could learn much from your example.
     
    #17     Dec 2, 2002
  8. DraXon

    DraXon

    Today's results:

    09:35 - Short ES @ 926.50
    12:42 - Exit ES @ 922.50

    * Reason for entry: Trending down.
    * Reason for exit: 4 point trailing stop.

    Total: 4 points
     
    #18     Dec 3, 2002
  9. DblArrow

    DblArrow

    DraXon, Curiosity, do you trade off the charts you are showing, with no indicators?

    That is the position I would like to be in - simple.

    Make 'em pretty, Chris
     
    #19     Dec 3, 2002
  10. DraXon

    DraXon

    DblArrow,

    I don't use any indicators at all. I do, however, filter the noise out in my mind.
     
    #20     Dec 3, 2002
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