Day's Direction Journal

Discussion in 'Journals' started by runningman, Aug 21, 2009.

  1. #11     Aug 25, 2009
  2. lexcorp

    lexcorp

    buy at open today ?
    We haven't had a good up day in 2 days now.
    They've also managed to push the market up lots in the overnight session from the lows.
     
    #12     Aug 26, 2009
  3. Open 1029.25
    Close 1027

    1 Win
    2 Losses

    -2.25 for the day
    +4 Cumulative


    8/26 Sell @ open
     
    #13     Aug 26, 2009
  4. Open 1023.75
    Close 1027

    -3.25 for day

    1 Win
    3 Losses

    +.75 cumulative


    Today: Sell @ Open
     
    #14     Aug 27, 2009
  5. Open 1026.75
    Close 1030

    -3.25 for the day
    -2.5 total
    1 Win
    4 Losses

    Today: Buy @ open
     
    #15     Aug 28, 2009
  6. your were correct - it closed up. Easy, eh?

    now you've got the odds in your favour again! Long and strong :cool:
     
    #16     Aug 28, 2009
  7. If you are going for simple, drop in an order and a stop loss then why not:


    i) go flat betweeen 9:30-10:30
    ii) go flat after 10 or 15 points met
    iii) close half the order using above criteria and remaining half close at the end of the day


    Years ago there was a fairly popular journal or thread by easyrider (?) I remember following (not sure of the name, but an oldtimer on ET) with a similar approach - drop in an order a day - complete with simple spreadsheet. He was calculating next day based on the open price and the range (again don't quote me on that, something to that effect).
     
    #17     Aug 28, 2009
  8. Open 1037.75
    Close 1029

    -8.75 for the day
    -11.25 total
    1 Win
    5 Losses

    Today: Buy @ open
     
    #18     Aug 31, 2009
  9. Open 1019
    Close 1020.50

    +1.5 for the day
    -9.75 total
    2 Wins
    5 Losses

    Today: Buy @ open
     
    #19     Sep 1, 2009