Trading on "Instynct" (NQ)

Discussion in 'Journals' started by Instynct, Nov 12, 2010.

  1. one last thing.. since I technically have a "job," I'll have to use stop and limit orders (for both the puke and exit sides of the trade). pretty sure this is going to protect me against slippage, and is going to make my results a bit unrealistic (a PnL that is overstated).
     
    #3871     Sep 7, 2011
  2. PUKE 1 ES @ 1184 (henceforth, I'll give the side and price)
     
    #3872     Sep 7, 2011
  3. S 1185
     
    #3873     Sep 7, 2011
  4. these are no longer tasty, btw, for those keeping score.
     
    #3874     Sep 7, 2011
  5. puked 1188.

    i think i'm just going to post the EOD statement/execution sheet, this is too cumbersome.
     
    #3875     Sep 7, 2011
  6. If I were teaching a new trader (definitely make A LOT more) I would stress 2 things... Use S/R levels and Trendlines to GET in the current trend and REMOVE any levels ahead of you as once markets are traveling in a given direction ANY level can be broken (since the strength of a level is dependent on sentiment, which changes often).. especially slow, dull markets.

    NQ 2117 WAS very important.. yet we just calmly swam by it...

    Oh, another thing, S/R levels are actually "areas" that can expand at any time, usually enough to get your puny stop... Clear as mud?
     
    #3876     Sep 7, 2011
  7. Four hour grind still underway..
    +2 SIM
     
    #3877     Sep 7, 2011
  8. see attached.
     
    #3878     Sep 7, 2011
  9. That program have a cumlative point gain/loss column or do we have to do the math ? :)
     
    #3879     Sep 7, 2011
  10. Was down as much as 280 at one point, and ending the day with this.
     
    #3880     Sep 7, 2011