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

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

  1. KS96

    KS96

    I don't use fixed % or points for stops. I set them according to the price & volume patterns.
     
    #71     Aug 29, 2006
  2. KS96

    KS96

    Weekly summary, week ending on Fri 25/Aug/06:
    (Only Thu & Fri included, since I started this journal on Thu)
    ---------------------------------
    ESTX50: +35 pts, 3 RT.
    SMI: -23 pts, 3 RT.
    GBL: -20 pts, 3 RT.
     
    #72     Aug 29, 2006
  3. KS96

    KS96

    ESTX50 entered long 1 @ 3817
     
    #73     Aug 29, 2006
  4. KS96

    KS96

    ESTX50 added 1 more long @ 3811
     
    #74     Aug 29, 2006
  5. KS96

    KS96

    GBL covered 1 short @ 117.64, +11 pts.
    (reducing the overnight risk here)
    Still holding 1 short from 117.73
     
    #75     Aug 29, 2006
  6. 0008

    0008

    Do you limit the maximum amount of captial that you would risk for each trade?
     
    #76     Aug 29, 2006
  7. KS96

    KS96

    GBL covered short @ 117.69, +4 pts.
     
    #77     Aug 29, 2006
  8. KS96

    KS96

    ESTX50 exited 1 long @ 3814, -3 pts.
    (reducing overnight risk)
    Still holding 1 long from 3811.
     
    #78     Aug 29, 2006
  9. KS96

    KS96

    ESTX50 stopped out @ 3815, +4 pts.

    No positions.
     
    #79     Aug 29, 2006
  10. KS96

    KS96

    Trades closed on Tue 29/Aug/06:
    ---------------------------------
    ESTX50: +18 pts, 5 RTs.
    SMI: -7 pts, 1 RT.
    GBL: -13 pts, 6 RTs.

    No overnight positions.
     
    #80     Aug 29, 2006