The Futures Trading Floor

Discussion in 'Journals' started by Utah, Jul 10, 2019.

  1. Utah

    Utah

    Well, hell. Back in again at 52.00. I need to figure out how to just stay in my original trade. @Buy1Sell2 has it figured out. Even when he's getting stopped out, though, I've seen him continue trying to get back into his position. Guess I'm not alone?
     
    #51     Jul 14, 2019
  2. Utah

    Utah

    #52     Jul 14, 2019
  3. REDP1800

    REDP1800

    whoever is setting stpps at 3 pts needs to get their head examined
     
    #53     Jul 14, 2019
  4. Utah

    Utah

    Out at 7947.75. Geez. I should have just stayed in from the beginning.
     
    #54     Jul 14, 2019
  5. Overnight

    Overnight

    I'm still in, the position is currently in profit for 2 points. I think I can get 20 points here, but it will depend on the run to China data at 10PM, and then that data release.
     
    #55     Jul 14, 2019
    Utah likes this.
  6. Utah

    Utah

    What do you suggest instead? 3 points is plenty for me. My problem is bringing my stops up to breakeven + 1
    What do you expect from the China data? Market pop or drop?
     
    #56     Jul 14, 2019
  7. Overnight

    Overnight

    Lol, I had to put in a profit stop just in case. And they took me out at 7944.50 So 5 points exactly on the short, minus commish. So...about 26 bux profit on the trade? Mreh.
     
    #57     Jul 14, 2019
    Utah likes this.
  8. Overnight

    Overnight

    I really don't expect anything with the actual data, but I expect a reaction. If that data comes in weaker than projections, down the market some. If stronger, up some. But I took my profits early because I didn't want this trade while I sleep. Even though it was 3 MNQ, which is tiny mouse balls, I need some rest. EVERY trade I take on, I take very serious. It is exhausting.
     
    Last edited: Jul 14, 2019
    #58     Jul 14, 2019
    Utah likes this.
  9. Overnight

    Overnight

    Interesting market reaction. China GDP flat, but industrial production up, Retail sales up, Unemployment up. Mmm. Such difficulties. The ball is in Powell's/Trump's court now. I hate trading equities through shit like this.

    Blah, back to energies for me.

    Like a pilot going for a biennial review on an aircraft type he/she has not flown for two years. :-(
     
    #59     Jul 14, 2019
    Utah likes this.
  10. Utah

    Utah

    Long 7952.50. WOW! Shot up before I could finish typing.
     
    #60     Jul 14, 2019