My Daytrading Method

Discussion in 'Journals' started by eminitrader007, Mar 2, 2006.

  1. Everything that I have posted here is before I initiated the trade, therefore I have limit-prices and targets. Actually most of the time I post it the night before.

    Anyway, the VR is 1295.5-1296.5.

    So what this means is if the market opens below the VR, Sell-limit at 1295.5 with a stop at 1299.5.

    If it opens higher than the VR, fade it at 1300 with a stop at 1304.
     
    #271     Apr 12, 2006
  2. Sell-limit: 1295.5
    Stop: 1299.5
    Target: 1289.5
     
    #272     Apr 12, 2006
  3. Exit: 1295
     
    #273     Apr 12, 2006
  4. 1000

    1000

    Need to log % success rate. i.e. no. of days it worked.

    Today, technical floor created at 1293.00. Try and figure that one out?

    Logic suggests that the sell off in the bond market would have triggered a similar response in the equities, but it didn't.
     
    #274     Apr 12, 2006
  5. VR for tomorrow.

    1295.5-1296.5

    Stop: 4 pts.
    Exit at close if not stopped out.
     
    #275     Apr 12, 2006
  6. well if you would go back to page 1 and read the journal from the begining, you'll be able to figure out the number of days it worked.
     
    #276     Apr 12, 2006
  7. 1000

    1000

    That's for you to prove not me, this is your thread. All you are doing is trying to whip up momentum, however, whoever is arbing you will just turn the volume up, leading to a lot of discontented followers. Then drink Kool Aid with them.

    I guess they work in numbers in China.:cool:
     
    #277     Apr 12, 2006
  8. Well, if someone follows my recommendations here, that's their problem not mine. People should know better than to follow other people's recommendation on an online forum without doing their own DD.

    I started this journal for record keeping and to see if the strategy works in live-trading. It is for my own selfish reason. I'm not trying to do anyone any favor here and I have no reason to prove it to you.

    Why are you so grumpy? Did you follow my recommendations and lose money?

    I guess they work in numbers in China.:cool:
     
    #278     Apr 12, 2006
  9. 1000

    1000

    No, I don't follow, I lead.

    If this is for yourself, why make it public. The only reason I can think that may motivate you, is if you are shadowing, knowing full well that you are going to be arbed.
     
    #279     Apr 12, 2006
  10. Well emini it seems like there always has to be some knucklehead trader wannabee that likes to cause trouble...I suggest you just keep posting and ignore them...they'll go away. They need attention to survive and without it they die.....so let them die. So many frustrated traders who keep losing $$$$$....lol...I guess we need them to keep our own bank accounts full....Keep up the good work Emini...
     
    #280     Apr 12, 2006