Andy's Day and Position Trading Journal

Today’s Day Trading

Mini Dow 30 minutes: 9:10am – Long TTE (RH) at 10328, initial stop at 10315 – all out at 10321.

Mini Dow 60 minutes: 9:20am – Long TTE (RH) at 10329, initial stop at 10319 – all out at 10321.

Result for today: -30 ticks (-$150)


Mini Russell 10 minutes: 9:10am – Long TTE (RH) at 5726 (please note: wrong entry – the right one would have been at 5722), initial stop at 5712 – covered first lot at 5736, second at 5749.

Result for today: +33 ticks (+$330)


To be consistent with my recordings I add my monthly summary (hypothetical result due to 2 contracts):

July:
Euro FX: +39 ticks (+$487.50)
Mini Dow: +195 (+$975)
Mini Russell: +183 (+$1830)

August:
Euro FX: +24 ticks (+$300)
Mini Dow: +212 (+$1,060)
Mini Russell: +19 (+$190)

September (till now):
Mini Dow: -67 ticks (-$335)
Mini Russell: +11 ticks (+$110)

 

Andy what, if any, charting package would you recommend someone use? Do you have any favorites?

Andy the times that you posted I assume that you're talking EST? But I read that you are in Germany so please correct me and my assumption. The live chat that you run is it open to all subscribes?

Thank you for your answers and your time

 

Definitely rangebound and perhaps coiling.

 

yes it is the same article but nobody point that out except you, this prove it is hard to give away free information.

 

Questions:

1- Is your initial stop the exact High/Low of the previous 5-min bar
or is it 1-tick higher/lower than the 5-min bar? And can you tell us
the reasoning behind your decision where to place your stop?

2- You state you "(will trail my stop on the entry) and then you
also say after 8 ticks you move your stop to b/e...? Are you trailing
your stop with an 8-tick increment at entry or ???

3- How do your trail your second lot with the 30/60-min bars?
And is this with the 10-min entries and/or the 30/60-min entries?

4- Have you backtested this setup and are you running it with
an automatic program aka... StrategyRunner, ect.?

5- And will you be trading any RRhooks? And if not, why not?

Sorry if I am asking too many questions...

 

Today’s Day Trading

Mini Dow 10 minutes: 9:10am – Short TTE (1-2-3) at 10301, initial stop at 10314 – all out at 10310.

Result for today: -18 ticks (-$90)


Mini Russell 10 minutes: 8:40am – Short TTE (1-2-3) at 5716, initial stop at 5733 – covered first lot at 5707, second at 5687. 9:40am – Short TTE (RH) at 5686, initial stop at 5695 – covered first lot at 5679 (time stop) second at b/e.

Mini Russell 60 minutes: 12:30pm – Short TTE (RH) at 5702, initial stop at 5711 – all out at 5705.

Result for today: +39 ticks (+$390)


To be consistent with my recordings I add my monthly summary (hypothetical result due to 2 contracts):

July:
Euro FX: +39 ticks (+$487.50)
Mini Dow: +195 (+$975)
Mini Russell: +183 (+$1830)

August:
Euro FX: +24 ticks (+$300)
Mini Dow: +212 (+$1,060)
Mini Russell: +19 (+$190)

September (till now):
Mini Dow: -85 ticks (-$425)
Mini Russell: +50 ticks (+$550)

 

Mini Dow 10 minutes: 9:10am – Short TTE (1-2-3) at 10301, initial stop at 10314 – all out at 10310.

Result for today: -18 ticks (-$90)
-------------------
You were short at 301 and out at 310. That arent -18 Ticks.

 

It's early so I could be still asleep...but I think he bases that on 2 contracts, hence the 18 ticks instead of 9?

Steve

 

I dont believe that because he sometimes posts wins or losses which ends with an uneven number so it cannot be somehow.

 

Hi Guys,

you are right. All the results are based on a trading of 2 contracts. When I got out on my initial entry stop (or 5 min. initial trailing stop) I get out with both contracts at the same time. Otherwise I get my first target and I am trailing the second lot.

Andy