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

Discussion in 'Journals' started by KS96, Aug 23, 2006.

  1. KS96

    KS96

    SMI covered @ 8805, +29 pts.
     
    #1001     Nov 8, 2006
  2. KS96

    KS96

    SMI re-entered 1 short @ 8799
    (sell-off has legs...most probably)
     
    #1002     Nov 8, 2006
  3. me1969

    me1969

    Have you stopped trading the Bund future?
     
    #1003     Nov 8, 2006
  4. KS96

    KS96

    for now... I removed the charts off my screens, so I don't get temped :) Need to re-evalutate strategies, but lack the time.

    btw, I filled up the freed screen space with AUD, CHF, & CAD, against the USD. This should explain the increased forex activity.
     
    #1004     Nov 8, 2006
  5. me1969

    me1969

    It is interesting that trading the bund troubles you so much. You really should analyze why.
     
    #1005     Nov 8, 2006
  6. KS96

    KS96

    It's not forgiving... I think that's my problem. I mean, in SMI or ESTX50 many of the times I am wrong I can still get out breakeven or close to that. In GBL, I have to pay up to get out for every little mistake. After a while those small losses hurt me (mostly psychologically) and then I cannot cut the loss in a subsequent trade, and the big loss comes. You've seen it happening last week.

    Anyway...fuck it. I am not here to fight with the Bund, but to make $$$.

    It had become a running joke between me and my friends (& girlfriend):

    "-- guess who took my money today?
    -- The german Bund!"

    Happier now.
    :D
     
    #1006     Nov 8, 2006
  7. KS96

    KS96

    SMI covered @ 82, +17 pts.
     
    #1007     Nov 8, 2006
  8. me1969

    me1969

    You're right it's about the moolah.
    Hm, but I doubt any market is forgiving.
    They are all calling for it - sooner or later.
     
    #1008     Nov 8, 2006
  9. KS96

    KS96

    ESTX50 stopped out 2 @ 63, -3 + 0 = -3 pts.
     
    #1009     Nov 8, 2006
  10. KS96

    KS96

    SMI short 1 @ 8787
     
    #1010     Nov 8, 2006