YM Traders

Discussion in 'Index Futures' started by volente_00, Aug 23, 2005.

  1. short @ 480... target 380
     
    #1191     Oct 4, 2005
  2. tc5

    tc5

    short 10480
    target 10430
    stop 10500
     
    #1192     Oct 4, 2005
  3. volente_00

    volente_00

    Blackguard



    Nice trade
     
    #1193     Oct 4, 2005
  4. volente_00

    volente_00

    Long 10481


    20 point stop
     
    #1194     Oct 4, 2005
  5. bigbob

    bigbob

    WooHOO!! 200 page thread!! Too bad I dozed off in front of my computer at 1:15 and woke up around 2:00. Good nap, though.

    Bob
     
    #1195     Oct 4, 2005
  6. volente_00

    volente_00

    I stepped in front of a traina dn it ran me over. Nothing like getting your stops hit at both the high and low of the day.
     
    #1196     Oct 4, 2005
  7. tc5

    tc5

    In hindsight, shorting at 10480 at the bottom of my Bollinger band was not a good idea. 10490 a bit later would have been better.

    Also my target was too optimistic given how much YM had already come down.

    Seeing how trading was going towards the end of the day, I ended up exiting at 10468.

    Is it bad that I adjust my target (and potentially my stop) ?

    P.S. I am a beginner with 1 contract.

    Edit:

    And I was confused, thinking of the support for the cash Dow. Should have been aware that there was support for this contract at 10460.

    Seeing as how YM is continuing lower after 4pm ET, maybe I should have kept my original target. Oh well.

     
    #1197     Oct 4, 2005
  8. imc

    imc

    Classic T/A?
     
    #1198     Oct 4, 2005
  9. tc5

    tc5

    Congrats on the trade. Can you please explain how you thought of that setup?

     
    #1199     Oct 4, 2005
  10. lmao what went threw his mind he took a shot. just like volente had no luck today tommorrow he might. i love the way all these notes act like anyone knows more than them.PEOPLE TRADING IS ABOUT INTUITION AND TAKING YOUR SHOTS.
     
    #1200     Oct 4, 2005