Trading ES, reverse trade based stops

Discussion in 'Journals' started by romik, Mar 19, 2015.

  1. romik

    romik

    When I trade I love listening to best of The Queen!
     
    #251     May 12, 2015
  2. romik

    romik

    There is nothing stopping a trader on low budget trading in similar way unleveraged some liquid stock. That would be correct way of doing it to withstand sharp unexpected spikes, something a trader would really struggle with being leveraged to the hilt.

    Let's face it what I am doing here is rather basic, the aim is to stay with market oscillations and not be chopped to an extent of a wipe out.

    Also, as the purpose is to stay with market flow and not to be correct in one's analysis, from psychological point it is much easier to reverse position in comparison to the latter.
     
    Last edited: May 12, 2015
    #252     May 12, 2015
  3. romik

    romik

    Short 2092.25 -7.5

    Total: +167.25
     
    #253     May 12, 2015
  4. steve2222

    steve2222

    Hi Romik,

    I see u r in the UK. How are you processing the trading signals when you sleep?

    If this is a SIM trial I guess you can just deal with it in hindsight.
     
    #254     May 12, 2015
  5. romik

    romik

    I tried automation, but I prefer to make decisions myself. I have partnered with a trader in Japan that we keep an eye on each others signals, if something starts developing we call to alert. If you want to be pro trader, then sleep deprivation is common, unless you go for position trading.
     
    #255     May 12, 2015
  6. romik

    romik

    Long 2088.25 +4

    Total: 171.25
     
    #256     May 12, 2015
  7. romik

    romik

    Short 2100.5 +12.25

    Total: +183.5
     
    #257     May 13, 2015
  8. romik

    romik

    Long 2105.25 -4.75

    Total: +178.75
     
    #258     May 13, 2015
  9. romik

    romik

    Short 2102.25 -3

    Total: 175.75
     
    #259     May 13, 2015
  10. romik

    romik

    Long 2097 +5.25

    Total: +181
     
    #260     May 13, 2015