YM Traders

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

  1. duard

    duard

    ddd
    d d
    d d
    d d
    d d d
    d d d
    d ddd
    dd dd


    It's easier than you think, although no one has a crystal ball I'd bet that the direction of the next d is more than 33.3% up.

    Breakeven is at least a 66.6% chance so it's really about execution and money management, yes?
     
    #2861     Dec 4, 2005
  2. 10867 at the moment. Still looking for +50? Will have to get its skates on to get there today. I suppose we will see your stop if it tanks from here.
     
    #2862     Dec 5, 2005
  3. Pekelo

    Pekelo

    Yeap, the trade is currently 70 points in the red. It is really sad, because he is a good trader, but I think he let pride overpower him.

    This is a good learning example for newbies though, that:

    1. Nobody is invincible, even after a good run of profitable trades.

    2. Always use stop losses, even if loose ones.
     
    #2863     Dec 5, 2005
  4. volente_00

    volente_00

    long 838


    stop 818
     
    #2864     Dec 5, 2005
  5. volente_00

    volente_00

    10:30 reversal anyone ?
     
    #2865     Dec 5, 2005
  6. Frege

    Frege

    But J Trader has no charts?
     
    #2866     Dec 5, 2005

  7. but Bigcharts.com has big charts. ... .all for FREE...
     
    #2867     Dec 5, 2005
  8. lol.
     
    #2868     Dec 5, 2005
  9. balda

    balda

    why am I bullish today?
     
    #2869     Dec 5, 2005
  10. ....watching too much CNBC. I too am buying it up for the eventual run through Dow 11,000. Only that prices are just not cooperating.
     
    #2870     Dec 5, 2005