Seriously I will start a write up and see what I come up with. I intended to do that at the start of the journal but no time. TM Trader
Also include info on exactly how you're able to trade 10 different markets off a single laptop! Now that's SKILL -Fast
Today I started a little early playing a dangerous game before the open, and got lucky escaping with a few ticks that were not worth the risk. These days I refrain from posting my trades live in a chatroom since I have a bad experience with it. In the past my trading suffered badly when I posted trades that way. I do not know if there is a direct link between the two because I do not lose focus while doing so. What I do know, is that during that time I ended up in a lose and my hitrate dropped from 65%-75% before to 20%-25% during. Even though, today I posted all of my trades since the open in a chatroom. The results prove that my bad luck/karma/ability/skill/talent in trading while posting may not be a direct consequence. In any case I still will try to avoid doing so in the future. ---------------------------------------------------------------------------------------- 7 Trades - 7 Winners, 0 Losers 3 EUR Trades = +0.0009 = $112.5 per contract 1 ES trade = +2.5 = $125 per contract 3 ER2 Trades = +4.6 = $460 per contract ------------- = +$697.5 per contract ---------------------------------------------------------------------------------------- 8:48 Short EUR 1.2446 Scalp 8:50 Cover EUR 1.2444 +0.0002 Poowoo, scary, I'm out 9:05 Long EUR 1.2441 Scalp 9:09 Stop EUR 1.2443 +0.0002 Stopped out 9:10 Long EUR 1.2438 Scalp 9:12 Cover EUR 1.243 +0.0005 Doesn't look good - I'm done for now with this dangerous game, will wait for open 9:32 Long ER2 581 Tape looks strong 9:36 Cover ER2 582.9 +1.9 Other indices took a serious hit - wanted to reverse but couldn't in time 9:45 Long ER2 582 It's going to rebound from the fall 9:51 Cover 1/2 583 +1 Will let the rest ride if it breaks here 9:58 Cover 1/2 583.2 +1.2 Will be on the sidelines during the news 10:07 Short ES 1131 This one is going to the crapper 10:10 Cover ES 1128.2 +2.5 Will re-enter if I see signs 10:26 Long ER2 576.9 It's turning 10:33 Cover ER2 578.5 +1.6 Taking a break here ----------------------------------------------------------------------------------------
---------------------------------------------------------------------------------------- 8 Trades - 7 Winners, 1 Losers 3 EUR Trades = +0.005 = $625 per contract 5 ER2 Trades = +5.4 = $540 per contract ------------- = +$1165 per contract ---------------------------------------------------------------------------------------- Feb 4, 2004 9:49 Short EUR 1.2515 Exahustion scalp 9:54 Cover EUR 1.2495 +0.002 Nicer than I imagined 10:00 Short EUR 1.2485 Preset breakout trade on news 10:00 Cover EUR 1.2465 +0.002 Hit preset target 10:06 Long EUR 1.2500 Weakness in indices, strength in bonds 10:08 Cover EUR 1.2510 +0.001 Momentum is over 10:09 Long ER2 569.5 Strength in indices 10:28 Cover 1/2 ER2 572.7 +3.2 Just for the security 10:58 Cover 1/2 ER2 572.1 +2.6 Seems like it's reversing 11:38 Long ER2 570.5 Bonds... need I say more 11:44 Cover ER2 571.5 +1 Momentum gone, Other indices turning 13:42 Short ER2 570.4 It's about to drop 13:51 Cover ER2 569.4 +1 Other indices turning 14:41 Short ER2 566.7 SHould be going down 11:51 stop ER2 567.7 -1 Stopped out - bad entry even worse location for stop 15:32 Short ER2 566.6 Conviction 15:38 Cover ER2 565.1 +1.5 Done for the day ----------------------------------------------------------------------------------------