Savage, Good looking stuff -- way to go! I also agree that good entries in NQ are very important -- helps ride out the chop. Do you join the bid/offer at the ask to enter and exit, or do you initiate into what's available?
I've analyzed Savage's trades and have found his secret formula: He goes long when the market's going to go up, and he shorts when it's going to go down! Now don't tell anyone else -- keep this just between us!
Very good analysis 3dog! I wish you could have kept it quiet though. Now I'm going to have to look for another strategy! Savage
Hey Yoda, How about posting some more spreadsheets, like a continuous week or so. I don't care how you are doing it, just want to compare what I was doing at the time. (It is just an interesting exercise, I don't expect to gain great insight from it)
savage without being to cynical, may i ask if you were trading the IB demo? if those were realtime trades and you can do that on a consistent basis (brokerage statements to prove it), would you be interested in managing money, like say a couple million dollars? Split 50/50. or, if u don't wanna manage money, maybe i just pay u 10k a month to tell me when your buying and selling in realtime? or maybe you just post a few in the chat for us to see. ( don't worry, noone is gonna follow you in unless they see in realtime that you are consistent.) didn't think so. sorry if my post offends anyone, it's just that posting extremely positive results after the fact tends to be a bit controversial for some.
Sorry, Lundy. I'm not interested in having anyone follow me or trade based on my recommendations. I was merely pointing out to a fellow trader that there was lots of potential to make money on a choppy day. Sorry if you're looking for more but i have no interest in trading for other people. Savage PS...and, no, that was not demo mode
I have to second what savage is saying about the potential for a good number of NQ points even in this market. I'm not as consistant yet as he is but still manage to pull 10 to 30 points out of the market when I don't go against my system. Pulled 19 out today but ended up giving some back in the afternoon, ended up w/ 15 total on 1 contract before paying my broker.