Passage to $1 Million

Discussion in 'Journals' started by smilestraders, Jun 22, 2010.

  1. pcp198

    pcp198

    Smiles, if your planning to turn this onto a paying service, I dont see anything wrong with that. But i'm disappointed and puzzled that you refuse to answer the question.
     
    #111     Jul 26, 2010
  2. PCP,

    We felt this concern had already been addressed previously as the first journal entry said. The goal is not to start a service.

    "My goal is to show that it is not impossible to achieve decent success with modest capital available."

    The live sessions have shown to be helpful and informative to those who have taken advantage of them. These are not our own opinions, but from people that have joined in and asked questions.

    Hopefully this address this issue?

    Smiles
     
    #112     Jul 26, 2010
  3. yes we had another nice low key positive trading day -great job again
     
    #113     Jul 26, 2010
  4. Thanks Creekboy,

    Hope that you're learning something along the way also.

    Smiles
     
    #114     Jul 26, 2010
  5. pcp198

    pcp198

    yes, thanks.
     
    #115     Jul 26, 2010
  6. It is really amazing to squeeze profits in slow days like today.
    It seems you made your first two short on last night and early this morning?
    could i know what time frame you use to trade, and how many time frames you usually watch?
    Meanwhile, for the first two trades, since you got out with 5 pts target, where you set your stop, 2.5 pts?
    Thank you so much

     
    #116     Jul 26, 2010
  7. Lucky,

    Yes, the day really didn't cooperate much in the afternoon, so luckily we did well in the morning.

    1) The first short was in the globex, but the second one as in the pit session.
    2) We use the 1220 tick, 60 minute, daily, weekly, monthly. But primarily the 1220 tick and 60 minute.
    3) For the 1103.50 short, stop was @ 1106.50. For the 1100.50 stop, the stop needed to be 1106.50 again. The stop needed to be the same place for both, we just got lucky on the first entry, b/c it allowed a smaller stop.

    Hope those answers are clear,
    Smiles
     
    #117     Jul 26, 2010
  8. bronco

    bronco

    Smiles,

    Great live trading session today! I hope you do another. You have tremendous patience in waiting for the right set-up.

    Typically, what portion of your trades are done pre-market?

    Bronco
     
    #118     Jul 26, 2010
  9. your chart setup is the best i have seen -hope to see it for a full day of trading just once -great setup
     
    #119     Jul 26, 2010
  10. Daily Summary for Tuesday July 27th

    Just the one trade today:

    L 1111.75 s/o 1110.75 -3 total

    Smiles
     
    #120     Jul 27, 2010