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

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

  1. KS96

    KS96

    ESTX50 stopped out @ 09, -2 pts.
    ESTX50 short 2 @ 09.
     
    #841     Oct 31, 2006
  2. KS96

    KS96

    SMI short 1 @ 19
     
    #842     Oct 31, 2006
  3. KS96

    KS96

    SMI stopped out @ 26, -7 pts.
     
    #843     Oct 31, 2006
  4. KS96

    KS96

    ESTX50 stopped out 1 @17, -8 pts.
    Still holding 1 short from 09.
     
    #844     Oct 31, 2006
  5. me1969

    me1969

    Are you still short 1 GBL? If yes, quite a wide stop loss... :confused:
     
    #845     Oct 31, 2006
  6. KS96

    KS96

    I am... lost control of it... :(
    I am now at >2% loss of my equity on this trade;
    will get out soon if it keeps rising.
    That's for not believing the charts...
    The last part of the rally (40->80) didn't look
    convincing to me... dead wrong!
     
    #846     Oct 31, 2006
  7. me1969

    me1969

    I see. That happens quite easily. Therefore I put at least a money management stop in the market.
    Don't let it get out of control, there are so many other opportunities. :)
     
    #847     Oct 31, 2006
  8. KS96

    KS96

    ESTX50 added 2 more short @ 10.
    Also holding 1 short from 09.
     
    #848     Oct 31, 2006
  9. KS96

    KS96

    You are absolutely right.. I have no excuse.
    I have this bad habbit to pull out the stops in the Bund...and Bund only... It's getting f*ckin' idiotic...
    Recipe for disaster.
     
    #849     Oct 31, 2006
  10. me1969

    me1969

    Do not beat yourself up! You are indeed doing a very fine job.
    Now, put a stop in the market (below 118) and I will try not to run against it ;-)
     
    #850     Oct 31, 2006