I ended the week UP $550. I overtraded the ES like hell ! Plus I have no idea what I"m doing. This is FUN. The trade that was the icing on the cake was Oscar's long on the ES at about 8:34 this AM cdt. I got in at 1398.50, and out at 1402.
IanMacQuaide, you're a hoot, keep at it and good luck when you get off the paper. jens2005, you're doing exactly what you need to be doing. Keep going forward on your journey. JJ
Another great day money wise but strategy was not what I planned. I guess I have to blow my paper account to finally understand that what I am doing is dangerous. Therefore, despite a very good week, as a matter of fact probably the best I ever had, I decided to stay on the sim for another week. Folks at OEC will have to wait another couple of days to earn their keep I guess. Asfor today, I started good, 1 contract here 1 contract there and then around 10:15 I realized that the market will go down and started shorting adding more contracts along the way. The ride was pretty but I could never do that with my own money simply because I do not have enough to play this way. Monday, I swear I am going back to 1 contract. As for today I did $5950. Very nice but very unrealistic at the same time. Enjoy the weekend guys and happy trading on Monday.
Good Monday! Made $475 trading 1 ES contract exclusively. (I would have made more but was busy exchanging "pleasantries" with T28). At 3:30 when I stop trading, just for pure fun I placed 4 contracts and got $162 on that last dip of the ES. So, I am happy, made money sticking to my system and it worked. I am a Happy camper today.