NQ: Follow the trend.

Filled @ 1252
Loss: 10 points
To Date : Loss 65 points

Now short ,
Stop and reverse @ 1268

 

Move stop and reverse to 1242

 

Filled
Gain 10 points
To Date: 55 Point Loss

Now Long:
Stop and reverse @1222

 

I wish you better luck in April

55 pt. down ain't chump change anymore!

 

Filler overnight @ 1222
Loss 20 points
To Date: 75 point Loss

Now Short
Stop and Reverse @ 1237

 

This isn't supposed to be a day trading journal

Filled @ 1237.25
Loss: 15.25 points
To Date: 90.25 point loss


Now Long:
Stop and reverse @ 1200

 

Thanks I'm going to need it.

As I compose this I'm now down just over 90 points.
When you include commissions this puts me down $1896.20

I expected some whipsaw and drawdown but this is trying my patience.

I could well end up being a poster child for the "Trend following doesn't work" crowd.

19 Trades so far so I'll carry on for a little while longer.

 

Actually, I think you would be a better poster child candidate for the "Always-in doesn't work" crowd.

 

I agree with the idea of following the trend but there maybe a much more effective and profitable way to do so.

 

Move stop and reverse to 1262.5