Day Trading Futures

[ice]

I'm looking at an extremely bearish market more so than the last 2 weeks so I'm happy to let me shorts run against me to -10 as I beleive I will end up with a profit.

Admirable that you post your trades but i am at a loss to understand why you are prepared to sacrifice 10 points on a losing trade yet limit yourself to 4 on a winning trade, especially if you're so bearish.

I guess you have a lot of confidence in your ability to get a high percentage of trades right but i can't help thinking of the phrase 'picking up nickels in front of a bulldozer.'

Still if it works for you.....

Good trades.


ice

 

[Trader Girl]

Admirable that you post your trades but i am at a loss to understand why you are prepared to sacrifice 10 points on a losing trade yet limit yourself to 4 on a winning trade, especially if you're so bearish.

I guess you have a lot of confidence in your ability to get a high percentage of trades right but i can't help thinking of the phrase 'picking up nickels in front of a bulldozer.'

Still if it works for you.....

Good trades.
ice

Well we are all going to find out if it works...

If you have been following the thread you'll see most of my lossed are around 3-5 points
10 is my hard stop,and yes I do get a lot of high percentage winning trades.

Thanks for the input.

 

[Trader Girl]

Admirable that you post your trades but i am at a loss to understand why you are prepared to sacrifice 10 points on a losing trade yet limit yourself to 4 on a winning trade, especially if you're so bearish.

I guess you have a lot of confidence in your ability to get a high percentage of trades right but i can't help thinking of the phrase 'picking up nickels in front of a bulldozer.'

Still if it works for you.....

Good trades.


ice

I am actually considering taking half off at my profit targrt of 4 points then running the balance...not their yet but am giving serious thought.

 

[Trader Girl]

Took forever in the luchtime grind--- finally got it done!

 

[Gringotts Bank]

TG, how much have you made since starting, as a % return on total capital employed?

 

[Trader Girl]

Still bearish until we take out 4512 area.Looking to sell rallies.

 

[Trader Girl]

TG, how much have you made since starting, as a % return on total capital employed?

I'll post some figures soon.

 

[Trader Girl]

First short today...

 

[Trader Girl]

Another short let this one run a bit.

 

[Trader Girl]

Sold another 10 lots through the lunchtime grind.

 

[Trader Girl]

We have moved above the 4512 area so I'm less bearish.
Looking for buy and sell signals now rather then sell only.

 

[Trader Girl]

Sold an early pop.

 

[Trader Girl]

Sold again due to market struggling to make new highs.
Result not so good.

 

[Trader Girl]

Sold into the weakness

 

[Gringotts Bank]

TG, how much have you made since starting, as a % return on total capital employed?

Did you forget?

 

[Trader Girl]

Did you forget?

No I've had other issues to take care
of...it's all on this thread if u want to
do it.

My starting capital was 75k
My brokerage is $2.50 per side.

 

[Trader Girl]

Won't be at my desk this morning
May be back in the pm to trade.

The 4512 level is key.

 

[Trader Girl]

The Spi has been unable to hold above 4512.
This to me is bearish and I will be selling rallies.

 

[Trader Girl]

sold a rally during lunch...

 

[Gringotts Bank]

ok so I've been through the thread and added everything up.

You're approx. -7.5% since starting.