Ok. First trade of the year. Entered a short on Wheat at 577 and exited at 563 for a profit of $700. I'm probably gonna kick myself later for exiting this trade
I thought about that as I was posting. I got so caught up in actually taking the trade that I forgot about this. Here's what I'll do though. I'll show the actual P/L.
Good enough for me!! What would your max loss been via SL if you use SL ?? 20%+ on 1 trade, if your not risking to much, or just very very good, is going some, nice
From now on, will u be posting trades in advance, as mentioned in your 1st post, or just p&l after the trade?
I intend to post trades before they're taken. I can't guarantee that I'll do it every single time but I will post in advance. That being said, I'm looking at a long trade on mini-gold. I don't see gold rising over the long haul, so this will be a really short-term trade.
Depends on your time and how much you care, that people on here think your profitable or not I guess. In advance, before you enter and exit is ideal, but TRADE comes first so what ever you've got the time to do, that detail will do me you posted today.
I'm eyeing a couple of trades at the moment. the 10-Year Treasury and gold are both showing similar price action. I'm bullish on both for the time-being.Now it's a question of which one to take. I've noticed that the indexes move inversely to the bond market and also to gold (although minor). The indexes are in a weak position and treasuries are showing that they're likely to continue to bull move that began last week. I'm leaning towards taking a position in treasuries when the market opens later today.