My 1st day trading futures

Discussion in 'Trading' started by cashmoney69, Dec 14, 2007.


  1. I can't sim a a profit???????????? Check out the file. It is up 30K for that day.



    As for my destiny, thank you Obi One for sharing your ideas, go play your jedi tricks on someone else mr. destiny.
     
    #41     Dec 15, 2007

  2. Well,once i get the trend right I go for 1 pt. gains using 10 contracts. Most of the time i get it. Upon exiting the trade I re evaluate and if there is merit I go in for another round. As for equity I would say anything less than 100K would be too risky considering the initial entry of 10 lots. However, one could start with 10K and 1 contract for 1/10 of the profits.

    P.S. I find you handle " sniemiec" intriguing. Care to share why you selected it?
     
    #42     Dec 15, 2007
  3. Interesting. 1pt moves are much easier to grab then 10ptr's, which is what I'm always trying to find.

    Sniemiec is, S, my first inital and Niemiec, my last name.
     
    #43     Dec 15, 2007
  4. Sounds like you are a German from the Sudetenland.


    As for those 1 pts. If you have your trend pat down getting that one point should be possible. Naturally when market is trending heavily you can stay much longer and taking just 1 pts is counter productive.
     
    #44     Dec 16, 2007
  5. Haha, nope. I'm a Canadian living in Rockies :)

    I think 1pt is totally do-able, its just riding 10 contracts which scares me.
     
    #45     Dec 16, 2007
  6. choppy day
     
    #46     Dec 18, 2007
  7. Over 18.5K on the demo account and after hours demo profit of 16.5K for the day. The trend was clear today. :D :D :D :D
     
    #47     Dec 18, 2007