Brandon suggested I start a thread here as opposed to in resources where someone started a thread on our track record (http://www.elitetrader.com/vb/showthread.php?s=&threadid=14576&perpage=6&pagenumber=1), so here it is. I'll be leaving for Europe on March 31st (France, Germany, Belgium and Luxembourg on vacation.. what timing huh?) so will run this thread until then and if folks like it I'll continue when I get back. Since I'm rather busy during the day with our business I'm not overly active as we spend a lot of time focusing on education. I'm also very conservative.
Since March's posts so far were on another thread, I will just post the links to the charts for those wanting to catch up. Exits are typically in blue except on the 4th when they are EOD on FISV and red resistance in futs: 1) March 3- http://www.elitetrader.com/vb/showthread.php?s=&threadid=14576&perpage=6&pagenumber=1 Futs - This was an early morning breakout... very nice move.. exited prior to 10:00 numbers 2) March 3- http://www.tradingfrommainstreet.com/img/roomexamples/20030303reversal.gif Futs - Mid-day reversal to correct from the morning trend move. 3) March 4- http://www.tradingfrommainstreet.com/img/roomexamples/20030304FISVtriangle.gif FISV - Triangle breakdown... was not happy with this as it didn't feel right once I was in it. Held the stop and ended up getting out slightly on the positive side at the end of the day. 4) March 4- http://www.tradingfrommainstreet.com/img/roomexamples/20030304ESphoenix.gif Futs - reversal based on very shallow phoenix.. hit target 5) March 5- http://www.tradingfrommainstreet.com/img/roomexamples/20030305NQtriangle.gif Futs - triangle breakout.. resistance and target was previous high level 6) March 5- http://www.tradingfrommainstreet.com/img/roomexamples/20030305KMBbreakout.gif KMB phoenix breakout on 15 minute... closed end of day 7) March 5- http://www.tradingfrommainstreet.com/img/roomexamples/20030305ESphoenixbo.gif Futs - Phoenix... lacked much follow through.. moderate gains 8) March 6- http://www.tradingfrommainstreet.com/img/roomexamples/20030306SPreversal.gif Futs - mid-day reversal.. hit target .. timed exit perfectly. None on March 7 because of the significant amount of news driving the market. Results: +$905.5 Futures (assuming 2 contracts and $6 rt commissions each with .25 slippage) +$0.45/share Stocks (not including commissions)
1) http://www.tradingfrommainstreet.com/img/roomexamples/20030306SPreversal.gif TTWO breakout- Entry 10:12 @19.16 Partials 10:32 @ 19.28 Exit 15:59 @19.18 End of day 2) http://www.tradingfrommainstreet.com/img/roomexamples/20030310SYMC.gif SYMC bear flag- Entry 10:37 @ 42.98 Exit 10:50 @ 43.01 - lacked immediate follow through so scratched 3) http://www.tradingfrommainstreet.com/img/roomexamples/20030310reversal.gif Futures reversal NQ entry 13:11 @967 NQ exit 13:40 @970 Alternatives: ES entry @ 811.5 ES partials 812.5 ES exit @ 814 YM entry @ 7609 YM partials @ 7616 YM exit @ 7630 4) http://www.tradingfrommainstreet.com/img/roomexamples/20030310ROST.gif ROST triangle Entry 13:16 @ 34.33 Partials 13:25 @ 34.50 Remainder 14:00 @ 34.40 to breakeven WRAUP - stocks weren't worth much - should have scalped them but liked the daily patterns on TTWO and ROST - go figure they both went today ( March 11) Futures - nailed it so very happy
1) http://www.tradingfrommainstreet.com/img/roomexamples/20030311SLVNbreakout.gif SLVN breakout @10:22, $14.33 partials on dt @ 10:49, $14.72 rest @ 11:18, $14.94 2) http://www.tradingfrommainstreet.com/img/roomexamples/20030311YMphoenix.gif YM phoenix @ 13:48, 7605 partials 7620 rest 7590 3) http://www.tradingfrommainstreet.com/img/roomexamples/20030311BACphoenix.gif BAC 15 min reversal @13:49, $66.20 exit 13:58, $66.45 4) http://www.tradingfrommainstreet.com/img/roomexamples/20030311YMbearflag.gif YM bear flag @14:38 7574 exit 14:41 7563 5) http://www.tradingfrommainstreet.com/img/roomexamples/20030311DISH.gif DISH phoenix scalp @ 14:57, $28.12 exit 15:30 @$28.29 WRAPUP - very nice stocks day.. still not sure what i think about trading the mini-dow much though... while it had the best relative strength today for the mid-day breakout it has more slippage than I would like... need to make sure to stick to larger time frame setups in it to make up for that ok.. off to catch zome zzzs *yawn*
#1 FDRY Phoenix entry 11:40 7.66 exit 11:59 7.72 http://www.tradingfrommainstreet.com/img/roomexamples/20030312FDRYphoenix.gif #2 VRTS Phoenix entry 11:43 15.93 exit 12:06 15.86 http://www.tradingfrommainstreet.com/img/roomexamples/20030312VRTSphoenix.gif #3 C phoenix entry 12:57 30.55 exit 14:05 30.80 http://www.tradingfrommainstreet.com/img/roomexamples/20030312Cphoenix.gif #4 CFC phoenix entry 13:42 51.10 exit 14:16 51.40 http://www.tradingfrommainstreet.com/img/roomexamples/20030312CFCphoenix.gif #5 NQ triangle entry 947.5 exit 13:37 949.5 http://www.tradingfrommainstreet.com/img/roomexamples/20030312NQtriangle.gif #6 entry 13:42 952 exit 14:00 955 http://www.tradingfrommainstreet.com/img/roomexamples/20030312NQtrireversal.gif
http://www.tradingfrommainstreet.com/img/roomexamples/20030313bacbullflag.gif entry 10:46 66.48 exit 11:08 66.17
#1 ES entry 10:59 835.5 exit 11:06 837.5 exit 11:19 838.5 http://www.tradingfrommainstreet.com/img/roomexamples/20030314EStriangle.gif #2 ES entry 12:08 833.5 exit 12:15 833 http://www.tradingfrommainstreet.com/img/roomexamples/20030314ESphoenix.gif #3 ES entry 12:38 831 exit 12:41 829.25 exit 12:50 827.5 http://www.tradingfrommainstreet.com/img/roomexamples/20030314ESbearflag.gif #4 GENZ entry 13:45 33.76 exit 14:39 33.90 http://www.tradingfrommainstreet.com/img/roomexamples/20030314GENZbearflag.gif #5 NQ entry 13:55 1028 exit 14:08 1025 (scalpers all) exit 14:50 1030 http://www.tradingfrommainstreet.com/img/roomexamples/20030314NQbearflag.gif #6 BEAS entry 14:14 11.02 exit 15:59 11.07 http://www.tradingfrommainstreet.com/img/roomexamples/20030314BEASbreakdown.gif
is this some derivative of the ken roberts method ?? www.mainstreettrading.com are you the same company or just appropriated the name for brand recognition ?? is ken aware of this ?? jack