Damir's Trading Journal

Discussion in 'Journals' started by damir00, Feb 19, 2003.

  1. Only made 10 pts on YM today and it took a couple of scalps to get there. I didn't take a few of my signals today which would have netted over 60 YM pts.

    -FastTrader
     
    #771     Sep 9, 2003
  2. damir00

    damir00 Guest

    if we can fade a little more going into 3:30 i'd be tempted by a sub-9500 YM.
     
    #772     Sep 9, 2003
  3. taodr

    taodr

    covered 2 @ 9525 +46
     
    #773     Sep 9, 2003
  4. You guys are really good traders to have the patience to sit with the trade for as long as you all do. I wish I could do the same. Any tips for someone like me who's in and out in less than a minute?

    Thanks in advance for any insights.

    -FastTrader
     
    #774     Sep 9, 2003
  5. damir00

    damir00 Guest

    take smaller positions.
     
    #775     Sep 9, 2003
  6. You're handicapped by your schedule. If I remember correctly you only have a half hour two times a day in which you can trade. In a situation like that I don't know that I could trade at all. On the other hand, if you set exit criteria, maybe using that stop loss and stop/profit (whatever they're called) you told me about, which you can set when you enter the trades, maybe you can do it better. Have you tried that?

     
    #776     Sep 9, 2003
  7. taodr

    taodr

    I had someone visiting so I closed out rather quickly, could have made more. Ym is different to ES, not as neurotic so it seems easier to hang in.
     
    #777     Sep 9, 2003
  8. damir00

    damir00 Guest

    long YM @ 9514. degree of difficulty: Dirty Dozen. :)
     
    #778     Sep 9, 2003
  9. Long YM 9507
     
    #779     Sep 9, 2003
  10. taodr

    taodr

    I'm not sure it's possible to make money consistantly jumping in and out every minute.
     
    #780     Sep 9, 2003