From $10,000 to $100,000 in 6 months.

Discussion in 'Journals' started by GruTrader, May 5, 2014.

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  1. lotto

    lotto

    I understand the enormous stupidity that is the PDT rule. But be that as it may, I think this would be far easier to do trading stock rather than futures.

    We're all good - Let the Games Begin!
     
    #51     May 6, 2014
  2. First trade taken, in NQ. Long 4 contracts at 3585.25.

    Stop would be <$3580.

    [​IMG]
     
    #52     May 6, 2014
  3. It looks like the price action is setting itself up to spring NQ over 3592. There have been multiple rejections on that level. If price begins to move above it, I might just add another two contracts to the position.
     
    #53     May 6, 2014
  4. Good morning GruTrader.

    Are your take-profit levels known in advance (static) or are they dynamic and depend on price action?
     
    #54     May 6, 2014
  5. Both. Right now my level to take profits would be between 3603-3605. But if price will find other levels to consolidate before there and I feel the trend is buckling, I will exit.
     
    #55     May 6, 2014

  6. No edge. You're down 8%. What happened to the SL at 3580? So the stop was fiction... now we pray for a tick above your entry to bail you out?
     
    #56     May 6, 2014
  7. nth

    nth

    did you add more?
     
    #57     May 6, 2014
  8. Hope you did take some profits at 3603.
     
    #58     May 6, 2014
  9. lol it never traded above 93.
     
    #59     May 6, 2014
  10. Correct, I was looking at the wrong chart.
     
    #60     May 6, 2014
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