I am thinking about going short in the YM late today 03.22.07

Discussion in 'Index Futures' started by ElectricSavant, Mar 22, 2007.

  1. rcj

    rcj

    Ola, increase.

    Oh man, i lost more than any 200 tics. i had worked gains up to
    17.5K. So, then last Mon night i decided to experiment. Haa ha.
    Ok, so i will keep one car in play at all times and scalp with a second car-including overnite. Ive done this alot for short periods and it works fine. Well this works ok assuming action is generally down or sideways. Wow, tues the black swan 800 pt up move
    took place and that put me down good. Result is that im down
    4.3K on my piker profits. Damn experimenting gets expensive!!

    Bigger YM spreads. Sure, ive noticed it. When VIX gets high and fast price action the spreads increase b/c more traders are going with more market orders and holding off on Lim orders.
     
    #1351     Nov 4, 2008
  2. thanks man...best trading to you!!!!
     
    #1352     Nov 4, 2008
  3. rcj

    rcj

    ***********Oct 31 Trades************

    Begin: 1 open short 9057.
    End: 1 open short @ 9279.

    FIFO Order: -155 -6 +32 +6 -140 -59 +82 +13 +24 +20 +25 -35
    -55 +24 +20 -44 -51 +18 +6 = -275
     
    #1353     Nov 10, 2008
  4. rcj

    rcj

    ***********Nov 3 Trades**********

    No Trades.
     
    #1354     Nov 10, 2008
  5. rcj

    rcj

    ***********Happy New Year***********

    I had to quit posting the daily stuff for the last two months.
    While "experimenting" a different piker strategy i got caught
    in two vertical up moves that were just not going to do anything
    but take away my accumulated profits. Then i resorted to trading
    at a higher frequency. Lots of trades but it got back some of the
    loss in Nov. and made IB lots of $$.

    Here is my PnL chart by month.

    <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2243086>
     
    #1355     Jan 1, 2009