5min/1h TrendFollowing on ESTX50, SMI, & GBL

Hi all,
To contribute some trash in the Journals section,
this will be my journal.

Starting (real) capital: $13K

Wish me luck.

 

ESTX50 entered long 1 @ 3765
(low risk entry)

 

Why luck?

I wish you to be successful.

You are aware of the reports due today?

Regards

Bernd Kuerbs

 

Thanks.
Reports don't matter to me. I don't trade according to news.

 

Because of a tight stop?

 

Yep. I could set a stop less than 20pts away in the 1h chart (which is still bullish, btw). That's low risk for ESTX50, and <2% of my current equity.

 

GBL entered short 1 @ 117.55
(low risk entry in 5min charts)

 

GBL stopped out @ 117.62, -7 pts.

 

SMI entered long 1 @ 8125
(low risk entry assuming the uptrend in 5min charts will resume)

 

SMI stopped out @ 8123, -2 pts.