I asked yesterday, and they said their simulated stops will be working by next week. No big deal for me since I rarely trade YM. -Fast
January 21st (Wednesday) Total trades: 5 (4 Longs, 1 Short) 4 Winners, 1 Loser 8:35 AM - Long 1 ES 1135.5 8:36 AM - Exit 1 ES 1134.5 Result: -1.00 8:39 AM - Long 1 ES 1134.75 8:53 AM - Exit 1 ES 1135.00 Result: +0.25 Notes: Moved stop up, and it got hit. Maybe I shouldn't have moved my stop? 8:59 AM - Long 1 ES 1135.00 9:00 AM - Exit 1 ES 1135.50 Result: +0.50 9:17 AM - Long 1 ES 1135.00 9:18 AM - Exit 1 ES 1135.25 Result: +0.25 9:24 AM - Short 1 ES 1135.25 9:27 AM - Cover 1 ES 1134.25 Result: +1.00 Overall: ES: +1.00
Seems to me (without looking at accompanying charts to your trades) that you should/could be pushing your winners farther. Good job handling losses it looks like, though.
You're right. One of my problems is, I can't really hold for too long since I do have to leave for work and I go flat before I leave. Ask LSU...I was calling for a up-move on ES this morning around the 1133-1134 level in the ET chat room, but I couldn't put on that trade myself since I had to leave for work. I think my trading will be pretty marginal until I can do this all day. I see this as training. -Fast
Problem easily solved. I'd gladly do your trading for you while you're at work. I went long 10 NQ 1537 looking for a reversal too, but later covered for b/e after several failed attempts to break 1540. IF I had long 5 NQ instead of 10 I would've been more patient. I'm now short 10 NQ 1549.5. I thought it was money in the bag holding and running to class around 2:50 ct. NQ was ~1545. Made it to class, popped open the laptop, s.o.b had climbed to ~1553. Lets hope the nazdog has some sympathy for me on Thurs..
LOL...yea, you'd be hitting 50-lots on ES if you were trading for me. No thanks, I'd rather bleed slowly than blowup in a few days Btw, my call was on ES for the up-move. My call on NQ was around 1531-1532 level, but NQ was weakest out of the bunch, so I wouldn't have bought it. Why don't you trade ES? -Fast
You should at least start doing 2-3 lots to make it interesting Fast. Trading 1 ES and having it plow past me 10 pts, I wouldnt even flinch. Up the size so you can add some real psychological affects to your decision making. So you can see how much you would enjoy feeling the pain being down -1K or more in a matter of seconds/minutes. Losing like that really help builds character.