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

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

  1. KS96

    KS96

    SMI long 1 @ 8269

    ESTX50 out @ 3794, +38 pts.
     
    #311     Sep 19, 2006
  2. KS96

    KS96

    GBL short 1 @ 117.04
     
    #312     Sep 19, 2006
  3. KS96

    KS96

    GBL stopped out @ 117.10, -6 pts.

    The Bund Casino is ball-busting...
     
    #313     Sep 19, 2006
  4. KS96

    KS96

    GBL short 1 @ 117.21

    I will be gone for 2-3 hours. Stops are in place.
     
    #314     Sep 19, 2006
  5. KS96

    KS96

    GBL stopped out @ 117.32 (14:52 CET), -11 pts.
     
    #315     Sep 19, 2006
  6. KS96

    KS96

    GBL short 1 @ 117.36
     
    #316     Sep 19, 2006
  7. KS96

    KS96

    GBL out @ breakeven, 0 pts.

    Got out coz I am not trend-following in GBL anymore. In the last 2 trades I faded the trend, and that's not what I am supposed to do here. I am having a bad day in GBL and I am doing way too many RTs trying to recover. Need to relax... tommorow is another day. I have beed doing ok in ESTX50, also the SMI trade seems to be working ok; I am on new equity highs, it wil be plain stupid to give all the $$$ back to the Bund casino...
     
    #317     Sep 19, 2006
  8. That's really interesting! you were trying to go against the market and it was like scalping with frustration.
    It's very hard to stop trading when you feel like this.
     
    #318     Sep 19, 2006
  9. KS96

    KS96

    Well... i just stopped. No Bund for me anymore today.
    Actually, the whole frustration cost me only 11 pts (last trade was breakeven). Only the last 2 trades were fades. The others I would have done in any case. It's just a bad day...

    Of course... I am missing the move up now... That's an additional cost, isn't it? All this for being a donkey.
     
    #319     Sep 19, 2006
  10. KS96

    KS96

    ESTX50 long 1 @ 3779
     
    #320     Sep 19, 2006