LIVE CALLS ON S&P500 e-mini FOR 1 WEEK

Discussion in 'Journals' started by romik, Sep 22, 2006.

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  1. romik

    romik

    I will say this in response though, as I have stated before a lot in trading is probability based (as most know). Some of my trades are based on low=small initial+averaging and some are high probability=full initial position size+scale outs and some are based on my mech system criteria where I would apply medium position size+doubling up after a lost trade. What that means is that if, for instance, ES swings 30 points in one day and I manage to catch only 10-20% (NET) of that move, that is an OUTSTANDING performance as far as I am concerned. Of course others will be happy with 5%, others will want to see 50%+. We all have different criteria and ability, but the only thing that matters is CONSISTENCY and proper management, nothing else.
     
    #51     Sep 25, 2006
  2. Well done laddie !
     
    #52     Sep 25, 2006
  3. Amen Brother
     
    #53     Sep 25, 2006
  4. romik

    romik

    Swing trade: Short 1342.75 1/3 position, stop -2.5%
    Planned Scalp trade: Long 1343.25 full initial, stop -2.5%

    Long @ 1343.25 obviously has not been triggered yet
     
    #54     Sep 26, 2006
  5. romik

    romik

    Long initiated
     
    #55     Sep 26, 2006
  6. Buy1Sell2

    Buy1Sell2

    Romik, this is an idea to be discussed in a different journal as you are just posting your calls, but I want to initiate a thought that could be discussed elsewhere if you don't mind. --I think you should be able to walk away from the computer and leave your profit target and stop loss in place. :)
     
    #56     Sep 26, 2006
  7. romik

    romik

    +1pt scale out with 50% position, stop 1343.25 now
     
    #57     Sep 26, 2006
  8. romik

    romik

    Position closed +0.50pts per contract

    Total amount of points in this J will be counted based on PER POSITION basis.
     
    #58     Sep 26, 2006
  9. romik

    romik

    You are right on that one, I should have left a limit/stop on and walked away leaving an open position, I guess I just don't trust my ISP, I believe the orders are not server based on my platforms.
     
    #59     Sep 26, 2006
  10. LT701

    LT701

    i think interactivebroker's are, i'm pretty sure i've had orders execute when i've been out
     
    #60     Sep 26, 2006
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