Having trouble posting today. Reverse - short from 1128.00 Breakout - Sell stop at 1126.75 Swing - currently short from 1133.75
Yesterday's summary was incorrect. The reverse trade grossed .25 per-contract not .50 so the points grossed on that trade were + 1.50 not 3.00. Summary Points of profit before today -61.50 Breakout - no trade Reverse -3.25*6 = -19.50 Points of profit after today -81 Open position long 6 in swing trade from 1135.25 and will exit on the open Monday.
Oops missed the reversal on the swing trade which lost -1.50 per contract for a total of -9.00. Total points after today should be -90
I don't know the rules. My husband built the models. I just execute them and keep records of the actual fills against the modeled fills. I know the breakout won't take a trade after the first 30 min of the day. The reverse usually won't trade after a big range like today. The swing seems to take profit with the longs earlier than the shorts. I'm trading these 3 for my IRA account. I'm also trading 8 others for our main account and 7 others that trade off daily bars in different futures contracts. This is all done on three computers. It's pretty hectic during the first 30 min of the day. My hubbie was a pro for years and he taught me enough to be dangerous. I tried to trade using my own ideas and lost money. I did some research on the Taylor Trading method and found it lost money. Everything I've tried on my own hasn't worked. I don't know how you guys do it. My husband made a test for determining how intuitive a trader is. He gave it to other pros to get a baseline. I took it and found out that I had no intuitive talent. I'm no math whiz so when my husband shows me tables and stats stuff I have no clue what he's talking about. Now, I just trade my hubbie's stuff mechanically when he's not around and trade my IRA and the 7 dailys when he is around. It keeps me busy and have some idea what it's like to be a trader.