Rule of 10 Journal

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

  1. jagmot

    jagmot

    I used a new reaction high of 48.50.
     
    #921     Sep 9, 2008
  2. jagmot

    jagmot

    Took this trade and got stopped out. Done for the day. -50 + commissions. I ll post an update tonight on the system.
     
    #922     Sep 9, 2008
  3. Pekelo

    Pekelo

    Well, I think you missed (why?) the big 59 long in the morning and that was a 10 pointer.

    Now 33.75 long would be a valid entry..

    Edit: Probably early, but let's take this 3 points, just in case...
     
    #923     Sep 9, 2008
  4. Decel

    Decel

    Counter trend? Did you see today's action?

    So then I'm supplying you negative income? I'm all for it

    I don't know what your point is, but happy to help. As for the coin flip, I'd rather answer by "no thank you". I'm doing fine as it is. Why don't you use the coin flip, since you're suggesting it??!?
     
    #924     Sep 9, 2008
  5. Decel

    Decel

    Covered my 1271.50 short @ 1260 the first time it showed up.

    I wanted to, but hesitated shorting again when 1268 showed up. Missed the whole action :(
     
    #925     Sep 9, 2008
  6. That's OK.

    You can just add plus/(minus) 2pts to the Rule of 10 and then you'll be set (tenth addendum and counting ...)
     
    #926     Sep 9, 2008
  7. volente_00

    volente_00



    Nothing ?

    Was this your alter ego posting ?






     
    #927     Sep 9, 2008
  8.  
    #928     Sep 9, 2008
  9. volente_00

    volente_00

    5k ?

    LOL

    No wonder you still work at the convience store.

    My commissions on each trade are more than your daily total on a good day.

    Keep dazzling us BSD.





     
    #929     Sep 9, 2008
  10. Pekelo

    Pekelo

    Last time I checked, the word "could" was used. Don't get hung up on the small details, though...

    Getting back to topic, my 4 trades that I would have taken including the automatic overnight were:

    3, -3, 7, 3... 10 pts with 4 trades, not that bad.

    Also today was a Step Down Day, and the play is to go long at the close and hold it overnight, but this is offtopic here, so let's not indulge in it....
     
    #930     Sep 9, 2008