ES Mechanical Madness

Discussion in 'Journals' started by msprofitable, Feb 5, 2004.

  1. msprofitable

    msprofitable Guest

    Once it's filled I'll know the initial stop loss. One of the strange things I've noticed about the Breakout method is the stop loss starts at one level and moves around for awhile (closer and further away). After that it settles down and seems to stop moving. If the market starts going against the position the stop starts getting tighter.

    If it's not stopped out it's up to me to close it near the close. I usually wait until the last 15 sec. of the day before executing a market order.
     
    #41     Feb 10, 2004
  2. msprofitable

    msprofitable Guest

    Summary

    No trades signalled for today.
     
    #42     Feb 10, 2004
  3. msprofitable

    msprofitable Guest

    Reverse - short from 1149.75
     
    #43     Feb 11, 2004
  4. tanp21

    tanp21

    Where is you stop loss located or is it a volatility based stop?

    Regards,
    Tanp21
     
    #44     Feb 11, 2004
  5. msprofitable

    msprofitable Guest

    Sorry, I got busy with other systems. Stop loss is at 1152.75 (high of day + .25)
     
    #45     Feb 11, 2004
  6. msprofitable

    msprofitable Guest

    Reverse - stopped out at 1152.75
     
    #46     Feb 11, 2004
  7. msprofitable

    msprofitable Guest

    Summary

    Points of profit before today -52.5

    Breakout - no trade

    Reverse -3.0*6= -18.0

    Swing - no trade

    Points of profit after today -70.5

    No open positions
     
    #47     Feb 11, 2004
  8. msprofitable

    msprofitable Guest

    No trades today
     
    #48     Feb 12, 2004
  9. nkhoi

    nkhoi

    tough market.
     
    #49     Feb 12, 2004
  10. msprofitable

    msprofitable Guest

    Breakout - Long from 1155.50
     
    #50     Feb 13, 2004