Rule of 10 Journal

Discussion in 'Journals' started by jagmot, Aug 6, 2008.

  1. traders have already shifted focus to Z.

    Z now has more volume than U (Today).

    I see no reason to keep looking at U. (pun intended).
     
    #1031     Sep 12, 2008
  2. jagmot

    jagmot

    Overall results before switching to new strategy

    -1411.20 (including commissions)


    Day 1 of new r10 strategy (9/11/2008)

    +875 Gross
    -57.60 Commissions
    +817.40 Net
     
    #1032     Sep 12, 2008
  3. Pekelo

    Pekelo

    So who is trading the 3 digits volume on the U? Must be the amateurs... :)
     
    #1033     Sep 12, 2008
  4. ryank

    ryank

    I like the switch to the 512 tick chart. I just pulled it up for the first time and the highs/lows seem to jump out better than the 5min I've been using. Keep up the good work!
     
    #1034     Sep 12, 2008
  5. jagmot

    jagmot

    People are covering their positions and/or options as well.

    If you are using a tick chart, then you definitely need to go where the most volume is.
     
    #1035     Sep 12, 2008
  6. Pekelo

    Pekelo

    Oh thanks God, so they are traders! I thought for a moment I got stuck with the amateurs. No, I don't use a tick chart...
     
    #1036     Sep 12, 2008
  7. jagmot

    jagmot

    Hahaha :) I didn't catch that amateur part earlier!
     
    #1037     Sep 12, 2008
  8. Pekelo

    Pekelo

    This one almost got stopped out (by 2 ticks), and I guess now at 10 points we can take the gains...
     
    #1038     Sep 12, 2008
  9. jagmot

    jagmot

    Still trailing stop, currently at 47.25. Could this turn into another runner?
     
    #1039     Sep 12, 2008
  10. Jagmot

    You're using a 4pt trailing stop?
     
    #1040     Sep 12, 2008