True trading

Discussion in 'Journals' started by joe4422, Oct 4, 2010.

  1. wrbtrader

    wrbtrader

    Thanks for the clarification because I had misunderstood your statement via thinking you had said you took the trade.

    My apologies and continue good trading to you.

    Mark
     
    #41     Oct 7, 2010
  2. Bakinec

    Bakinec

    Great call, joe!

    Obvious question.

    How do you know where/when the market is going to turn? Tools, intuition, methods?

    No need to disclose if you don't want to.
     
    #42     Oct 8, 2010
  3. joe4422

    joe4422

    I really feel the need for a day trade on BAC today. If we open above 11.84, I'm buying 11.76, stop loss 11.72, target 12.87.
     
    #43     Oct 17, 2010
  4. joe4422

    joe4422

    The above is a day trade, so I will close at the end of day if I'm not stopped out or haven't hit target.
     
    #44     Oct 18, 2010
  5. joe4422

    joe4422

    Buying ES 1167.50, 1 point stop, target 1192
     
    #45     Oct 19, 2010
  6. joe4422

    joe4422

    Stopped out yesterday, 1 point loss.


    Today, I'm looking at BAC again.


    I'm buying 11.16 - 11.27 stop loss, 11.14, target open.
     
    #46     Oct 20, 2010
  7. joe4422

    joe4422

    filled
     
    #47     Oct 20, 2010
  8. joe4422

    joe4422

    Taking profits at 12.12 on BAC
     
    #48     Oct 21, 2010
  9. joe4422

    joe4422

    I'm going to hold BAC for 12.12 or stop out. However, at the end of the day, if target hasn't been hit, I will go ahead and take profits. Don't want to hold it over the weekend with all the banking news around. The bombs tend to get dropped over the weekend when they get dropped.
     
    #49     Oct 22, 2010
  10. joe4422

    joe4422

    Ended up with about a 2 percent profit on BAC there.


    Today I'm taking 11.47, stop loss 11.37 on BAC and target is 12.20.

    Wish me luck.


    Also, on the ES I'm buying 1174.25, stop loss 1173.75, target 1177.
     
    #50     Oct 25, 2010