I trade 1 ES

Discussion in 'Journals' started by random trader, Aug 16, 2003.

  1. Boomer

    Boomer

    couldnt find yg? i have been wanting to look into trading treauries. i know you said the news angle and the spread as compared to es, any other main benefits? thanks. are you using same ideas and strategies as es or equities?
     
    #321     Nov 11, 2003
  2. YG is mini-gold (33.3 oz) contract.
     
    #322     Nov 11, 2003
  3. OK, but you loose your focus (and feeling of the market) I suppose?
     
    #323     Nov 11, 2003
  4. I guess that was the concern which led me to stop trading stocks. I think I am able to play a few instruments without losing focus. My major business is not to daytrade anyway.
     
    #324     Nov 11, 2003
  5. Action:
    Reduced ZF/ZN
    Shorted QM

    Current positions:
    long ZF/ZN (1/2 size)
    short ES/NQ (1/2 size)
    short QM (1/4 size)
     
    #325     Nov 13, 2003
  6. Action:
    Reduced ZF/ZN

    Current positions:
    long ZF/ZN (3/8 size)
    short ES/NQ (1/2 size)
    short QM (1/4 size)
     
    #326     Nov 14, 2003
  7. I am adding one more piece of information to make myself more accountable.

    11/14/03
    Account equity vs. start of thread (8/15/03): +5.7%
     
    #327     Nov 16, 2003
  8. You are to be commended for your perseverance in keeping up this and other journals so consistently. Could you please reconcile the above +5.7% figure with the following quote from September 30:
    Since that last quote, you have made at least 2 week's rent plus 23.50 ES points on your ES daytrading. Which part of your trading is the leakage coming from?
     
    #328     Nov 16, 2003
  9. On 9/30/03,
    QQQ = 32.44, SPX = 996, FVX = 2.8

    Today
    QQQ = 35.03, SPX = 1050, FVX = 3.2

    And I have been long bonds and short stocks the whole time.
     
    #329     Nov 16, 2003
  10. 11/17/03

    Action:
    reduced ES/NQ
    closed QM
    bought YG

    Current positions:
    long ZF/ZN (3/8 size)
    long YG (1/8 size)
    short ES/NQ (3/8 size)

    Account equity vs. start of thread (8/15/03): +6.6%
     
    #330     Nov 18, 2003