ES Journal Archive (2006 - 2008)

long 10 ES @ 847.25

 

I trade with no emotion. I couldn't care less if I have a loss on any one individual trade. But, I want to be in when the big trade comes through.

 

I trade without emotion as well, but that doesn't mean I use a 30 point stop when the action is only 30 points potential.

 

stopped out @ 861

 

closed at 853.50

 

Typical winning rate for a trend following method is about 40%. You are sure to be criticized.

 

Good call Wave

Just need to be able to handle those Vaseline stops.

 

They never seems to be tired.

72 ot 41, which way first?

 

Certainly.

 

Nobody was talking about emotions. We are talking about profits. Protecting gains and such...

If you don't really care if you win or lose, you shouldn't be in the market at all...