Matcha's Dow E-mini Journal

Discussion in 'Journals' started by Matcha, May 13, 2010.

  1. Matcha

    Matcha

    :D haha!
    So true.
    Btw, Been to that most expensive seafood-shark fin, albalone restaurant in HK? I think it's called "Fu Hao"=Big Boss restaurant.
    If I can be CP by the end of this year. I would love to take my mom there on my next trip:p
     
    #71     Jun 7, 2010
  2. Matcha...
    Questions
    1-still trading sim/demo or with real cash $?
    2-if still sim/demo, when will you start trading with real cash?
    3-how many YM contracts will you/do you trade per trade?
    4-how many trades per day?
     
    #72     Jun 7, 2010
  3. Matcha

    Matcha

    Thanks for taking the time read this journal, increasenow!
    1- still sim trading. need more practice.
    2- once I can achieve more than 50% of win rate. 65% will be the best. Once I can trade like robot, no emotions. Once I can master all the patterns and setups.
    3. only 1 contract. Then will add 1 contract to work on 2nd exit. money management.
    4. last week I had avg. 12 trades per day. Still over trade most of the days. Maximum 5 trades per day will be ideal.
     
    #73     Jun 7, 2010
  4. Matcha

    Matcha

    Sorry I made an error. Its FIB level 38.2%, not 26.2%
    [​IMG]
     
    #74     Jun 7, 2010
  5. That's good. I thought Dow and ES wouldn't be too far off from each other.
     
    #75     Jun 7, 2010
  6. ~~~

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    My parents deceased .. so you are very lucky you can still take your mom to enjoy some great food in HK..I love and respect people who're filial to their parents :) Matcha .. you can also take your mom to "Yung Kee" @ Wellington St, Central, HK island or "Yue Kee" @ Shan Tseng, Sham Hong Road, New Territories for the famous roasted goose(so yummy!). For dim sum, go to Che's Cantonese Restaurant (located in a office building) @ Lockhart Rd, Wan Chai.(must try the polo char siew bun) Also try taking your mom to Lei Yue Mun (a small fishing village on the Kowloon side) where u can pick the live seafood and then take it to a restaurant for cooking. I love the Superb Seafood at Lei Yue Mun :)
     
    #76     Jun 8, 2010
  7. ~~~

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    i was indeed Very Lucky ... More Lucky than winning lottery.

    "Give a man a fish and you feed him a day. Teach him how to fish and you feed him for a lifetime." ~from:Lao Tze (Dao De Jing)

    One will learn how to be Humble and Discipline .. when the Mentor is guiding/coaching/teaching/ monitoring you everyday to the right path of trading.. He's a Great Mentor.:)
     
    #77     Jun 8, 2010
  8. Hi

    How is the measured move calculated?. Thanks in advance.

    Enjoying the thread.... very nice.


    Trade 2: Short. ,measured move and floor pivot point (S1 level) played out nicely too. But I took profit at the 9825 zone-last S level...Didn't have the guts to wait for more points.
    Entry:9885
    Ext:9828
     
    #78     Jun 8, 2010
  9. ~~~

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    tell them don't put all the eggs in one basket (don't just invest in stocks) and if they have some excess money .. invest in Chongming Island.
     
    #79     Jun 8, 2010
  10. Matcha....

    While I am not infavor of "time " charts...pull up and print out all your charts you have published here...sure on close obversation you will see the "obvious" trades...

    As for you personal goals, besides NOT going broke...the answers lie within...

    NiN
     
    #80     Jun 8, 2010