Rule of 10 Journal

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

  1. volente_00

    volente_00

    "So say a prayer for the weary
    Say a prayer for the lost
    Say a prayer for the hungry
    They’ve all paid the highest cost
    You know hope is there to find
    We’re all too quick to condemn
    So lay your hands on a desolate soul
    Yeah cause someday you just might see them"
     
    #671     Sep 1, 2008
  2. jagmot

    jagmot

    Here is the first trade setup with the live money account. I'm going to bed, so I will just be placing the short overnight (since it is closer to the short then the long)

    Short 2 contracts waiting at 1288.50
    3pt stop at 1291.50
    Target 1 1283.50
    Target 2 1278.50

    If target 1 is hit, a trailer of 19 ticks is then placed on the trade (automatically).
     
    #672     Sep 2, 2008
  3. volente_00

    volente_00

     
    #673     Sep 2, 2008
  4. You should've kept to your guns.

    That was a badass trade!
     
    #674     Sep 2, 2008
  5. Pekelo

    Pekelo

    If by badass you meant loser, yes. Both his and Jagmot's entries got stopped out, currently at 1293....Well, Decel cancelled the trade....I think his was the correct entry, by the way.
     
    #675     Sep 2, 2008
  6. ammo

    ammo

    76 low, 95 high so far,9 and change,what a lousy system ,only 9 points profit
     
    #676     Sep 2, 2008
  7. jagmot

    jagmot

    First trade full stop out.

    Current orders are bracketed against the market

    Long at 1286
    Short at 1301
     
    #677     Sep 2, 2008
  8. Pekelo

    Pekelo

    By what math did you get any profit? A 76 low indicates SHORTING at 86, and by the way feel free to post it beforehand if somehow you actually got a long entry....you know, journal integrity and such.
     
    #678     Sep 2, 2008
  9. jagmot

    jagmot

    Filled short 1301 with stop at 1304, targets at 1296 and 1291.
     
    #679     Sep 2, 2008
  10. jagmot

    jagmot

    Target at 1296 hit, trailer on.
     
    #680     Sep 2, 2008