Paper Trading E-Minis, Rezo's Journal

Trade closed at rpotectice stop.

Result:
NQ +4.00 pts
ES +1.50 pts

Reselling is still an option - maybe today

 

Reselling both @current:

NQ 1315.00
ES 1002

 

NQ: stop@1342.50, target@1263.50
ES: stop@1013, target @972

 

HEY DUDE>

Like your post on FOREX. I think your a good trader.

A word of advise: Use the same long term trending concepts that you use on FOREX to be as successful as you have been. Daytrading will just grind away at your hard earned capital.
Your a GREAT trader and I think that you may be able to incorporate that into your "managed accounts"????

........just a thought.

 

Hey T-Rex,

Thanks on the kind word.
I don't try daytrading here - same approach as on forex.
What do you mean by incorporate? trading eminis as alternative investment or part of portfolio? of course I think of it, but this is a new market for me, and I cannot offer clients investing in this market until I will first try it myself. For now its only paper trading, then I will try it on my own money, and then, maybe in a year I will offer it as an investment opportunity. I do not believe I can make any judgments on how this market is for me so fast - it takes time, and I am in no hurry. I am also looking at options trading...will see.

Regards,

Rezo

 

ES stop hit, - 11.00 pts

Result:
NQ +4.00 pts
ES - 9.95 pts

 

NQ stopped,

Result:
NQ -23.5 pts
ES - 9.95 pts

 

opening both long:

NQ long@1377.00,

stop@1349.00
target@1456.00

ES long@1028.50

stop@1014.50
target@1068.00

 

good reaction on signal here, stop moved to entry levels on NQ and will be moved on ES once it reaches 1035.

 

NQ closed at entry level. ES still open. Reentering NQ is possible later.