The Tao of Minimalistic Trading: $300 Daily Profit

Discussion in 'Journals' started by schizo, Dec 4, 2015.

  1. Zodiac4u

    Zodiac4u

    last night we got down there, certainly far from 39.50?
     
    #771     Jan 12, 2016
  2. It's a new day.

    8 days down...nice bounce off 1900...i don't think 50 from 33 (the open) is a stretch. we'll see..

    my entry is lousy :(
     
    #772     Jan 12, 2016
  3. Zodiac4u

    Zodiac4u

    there there my padawan, he will be back.
     
    #773     Jan 12, 2016
  4. i hope so. Threads are for fun & profit. Let's make some $,let's have some fun doing it?:D

    ps what's a padawan??

    psps never mind just looked it up
     
    #774     Jan 12, 2016
  5. Zodiac4u

    Zodiac4u

    maybe so but the day isn't over, but yes was nice to see it get down there. and provide a nice fake-out. bounce in progress?
     
    #775     Jan 12, 2016
  6. Zodiac4u

    Zodiac4u

    Ouch! maybe spoke to soon.
     
    #776     Jan 12, 2016
  7. Stewie

    Stewie

    Although I can't answer for him, I would at least hope that you do just as good of a job at posting all your trades as he does. You bought essentially at the top of this move today and price went against you over 10 points right now, so although you're maybe using wide stops, an exit for this trade whenever it happens would be nice. With schizo, you can always see his exits were for -1 or -2 points and if he had a bigger stop cause he was walking away, he would post it in advance.
     
    #777     Jan 12, 2016
    VPhantom and Zodiac4u like this.
  8. ADD L 1926.25
     
    #778     Jan 12, 2016
  9. He and I trade differently obviously, but ok I'll try place all my entries/exits in as real-time as I can.
     
    #779     Jan 12, 2016
  10. Stewie

    Stewie

    Great. Just to clarify, I'm not saying you have to post within 2 seconds (focus on your trade as long as necessary because who cares about us ET people), but most people wouldn't be holding a day trade ES long that has gone against them over 10 points. I even see now that you have added to this long, so this brings your average entry price to 32.875 if its for an equal number of contracts. So I just want to make sure that we can all follow along. Not saying this is you because I simply don't know, but too many people in the past make a call and there is never an exit, and the next day they start all over again as if the trade that went against them never happened since they never said where their exit was.
     
    #780     Jan 12, 2016