putting all my efforts

Discussion in 'Journals' started by darktrader, Apr 26, 2011.

  1. number of trades 4, 3 NQ and 1 FESX

    NQ = - $115
    FESX = +E10 ($15)

    commission: $20

    TOTAL: -$120

    I don't see any particular error actually, the problem is always when to take profit (I was up $95 with first trade and $134.29 on my last trade), I re-entered after I said it was my last trade, and if my stop was it, I would have closed the day at a little from my max daily loss, but I really liked those res, the most important thing now for me is to respect my max daily loss and don't overtrade. I have to said that I'm so tempted to enter long again ad I like those european supp a lot, and maybe if I was not keeping a trading journal I would have gone long again, but this journal is helping me to refrain from bad habits.
     
    #131     May 4, 2011
  2. just posting my US supports, just to check tomorrow if they worked, when they don't work, the max daily loss will protect me.
     
    #132     May 4, 2011
  3. long 1 on fesx, there is a support, but just on fesx, dax opened on a resistance and went a little down but supports on dax are a little lower, it would have been better to wait a little, stop tight at -$59,52 (coverted from euro)
     
    #133     May 5, 2011
  4. gaining 59.52 and trailed a little (2 ticks) for a stop of 29.75 now, trailed a little earlier anyway.

    as I'm posting with a little delay I'm gaining 104.18
     
    #134     May 5, 2011
  5. stopped at -$15, my trade went to +$134, but I holded... next trade will be at WS open.
     
    #135     May 5, 2011
  6. problems with my pc, I have only 2 monitors working (normaly I have 6) and have to change one video card, so I post only now what I've done:

    I went long NQ 1 contract on multilple supports, but I don't know why tradestation displayed 2 contracts, I was not even sure I was long 2, I connected with tradestation website to check out and they said 1, so I decided to close the position and check out, so it seams that I was long 2 contracts and closed with a profit of $155, stop for today because I need to fix the monitors issue.
     
    #136     May 5, 2011
  7. number of trades 2, 1 FESX and 1 NQ

    NQ = + $155
    FESX = -E10 (-$15)

    commission: $15

    TOTAL: + $122


    trade on fesx was up $134 but I closed it at -$15, no problem, for now I'm focusing on controlling losses, anyway as I already said I have problems with taking profits, I'll work on it.
    second trade on NQ there was an error with tradestation and I entered 2 contracts instead of 1, but TS website reported 1 contract, so I had to close the position with a gain of $155, the market is going up in my direction now, I don't know where I would have close it.
     
    #137     May 5, 2011
  8. shorted 1 NQ on YM-ES-NQ res and 2400 res. Stop will be -$100 more than usual...
     
    #138     May 6, 2011
  9. trailed stop at -$50 as the market goes on my direction, + $60 now...
     
    #139     May 6, 2011
  10. stop trailed at -20$ 1 tick under the daily high, as I think that if the market goes near the daily high it will break up and catch my stop.
     
    #140     May 6, 2011