Hi, I read somewhere on ET that you should try to make 100pt on 1 ES contract to come of age as a trader. I'm going to aim for 50 by 3 months. Commissions are 0.12pt/rt Just doing this to keep me honest. S @ 1047.75 C @ 1045.75 +2 pt (exit on 6000 vol) 48 to go
observation 1444 high vol puke - wait 2-4 min for improved entry on rebound. Good sign if another big vol bar shows up
... is instructive. Should have taken my exit signal right away. Hanging around for a better fill is not wise. 2 pts against me now and counting. Apologies if I sounded like I was trying to impress. Just setting some goals for the sake of setting goals. Not important to me who reads this. Actually, I find that I trade differently with a journal.... will take some getting used to.