gooday.............best wishes .........make more than u lose........this forum is fun but won't help you........only u can help u.......
TRADES for 7-10-06 From today there will be a format change in posting. So far I have been posting contracts traded and gross profit or loss. Starting today I will be posting Net profit or Loss. Short 10 contracts. Closed for NET PROFIT $465. Closed trading for the day.
I like your circuit breaker plan, is this something you have written down, and has this worked for you in the past? Sounds like hard won rules.
Pre-Open (EST) trades for 7-11-06: Long 22 contracts. Closed for net profit of $360.50. Flat before the open.
Short 25 contracts Closed for net profit $3250.50 Finally closed the gap..... GOOD. Done for the day.
My circuit breaker rules are still ON for this week as well. This means 1. smaller number of contracts, 2. "low-hanging fruit" trades only, 3. tighter stops etc. (see prior post). Some days there may not be any trades at all, but NO losses allowed for the time period.
... you mentioned earlier that folks only write when you're a losin. Well here's a comment when you're a winnin. You know those circuit breaker rules? They should be the rules!. Get rid of your fear of missing out (check out the 4 fears thread in the psychology section - great stuff!) and I guarantee you'll make a mint. Later, JJ