The transition to Futures trading

[barney]

Around 500 points for the past 2 weeks now.

A great run

Nice work ... I'm jealous

 

[avion]

You are killing it Pav, great going! Are you still using VSA with a twist?

 

[ThingyMajiggy]

VSA with a twist?

Is that a drink?

 

[avion]

Is that a drink?

..he, he.. here is a business idea...

(Pav mentioned using his own refined version of Volume Spread Analysis if i recall...)

 

[>Apocalypto<]

couldn't trade the Dax tonight on IC as bank holiday...

Due to Pav taking just about all the points on the FTSE i thought i would take a look.. no points left think Pav took 6 off me this afternoon.

fast forward to the Dow tonight some fast strong moves... 33 up off two trades night over. one loss of 4.

 

[subterfuge]

what's your method, Pav?
I'm getting KILLED today trying my luck trading the RUSSELL.
Down over 100 ticks. 11 losers in a row! (seems almost impossible, lol)

 

[>Apocalypto<]

what's your method, Pav?
I'm getting KILLED today trying my luck trading the RUSSELL.
Down over 100 ticks. 11 losers in a row! (seems almost impossible, lol)

try to stick to one market you feel well with. if you can trade on demo with different ideas till you see some progress. don't take it personally when you lose just realize it's the market telling you you're doing something wrong.

if under 1 hour try to keep it simple... well i do

 

[fiftyeight]

Great work PAV. The time you have put in here helping ppl rewarded.

So my comment about my newb mistakes not costing money. I think I have spoke too soon haha.

Was long last night on the ftse and in small profit. Raedy for bed so decided to just tighten the stop and leave it open.

Woke this morning and the stop has been cancelled (GTC, ooops) and I cant reset until Monday apparently. Now I am long and naked all weekend.

 

[VSntchr]

Woke this morning and the stop has been cancelled (GTC, ooops) and I cant reset until Monday apparently. Now I am long and naked all weekend.

Not ideal, yet the way the US performed after Europe closed should allow you to sleep over the weekend...so at least you won't be naked and shaking in fear..which may have occured if it fell off the cliff

 

[cynic]

Great work PAV. The time you have put in here helping ppl rewarded.

So my comment about my newb mistakes not costing money. I think I have spoke too soon haha.

Was long last night on the ftse and in small profit. Raedy for bed so decided to just tighten the stop and leave it open.

Woke this morning and the stop has been cancelled (GTC, ooops) and I cant reset until Monday apparently. Now I am long and naked all weekend.

I'm puzzled as to how a stop would benefit anyone over the weekend. If the market gaps on monday, there's precious little that the stop could've done!

 

[CanOz]

I'm puzzled as to how a stop would benefit anyone over the weekend. If the market gaps on monday, there's precious little that the stop could've done!

+1 - i see no reward worth taking on weekend risk.

 

[fiftyeight]

+1 - i see no reward worth taking on weekend risk.

Yes, unfortunately I agree. It has exposed a massive hole in my knowledge.

 

[CanOz]

Yes, unfortunately I agree. It has exposed a massive hole in my knowledge.

Don't worry, I've been there too...once. Never again.

 

[pavilion103]

You are killing it Pav, great going! Are you still using VSA with a twist?

Yeh still trading the same way. It makes sense to me.

 

[pavilion103]

Nice work ... I'm jealous

Hahaha I just saw this

 

[pavilion103]

what's your method, Pav? I'm getting KILLED today trying my luck trading the RUSSELL. Down over 100 ticks. 11 losers in a row! (seems almost impossible, lol)

I'm away this weekend. I'll post something when I get back. Glad to sit back for a few days and relax

 

[barney]

Hahaha I just saw this

Always good to see someone winning Pav ... nice job

I'm away this weekend. I'll post something when I get back. Glad to sit back for a few days and relax

Although ... I am still jealous

 

[CanOz]

Always good to see someone winning Pav ... nice job



Although ... I am still jealous

Bit bloody hot for Pants init Pav?

 

[barney]

Bit bloody hot for Pants init Pav?

Lol ...... I think Pav is conservative Can ...... If the girls find out how much cash he is making ... AND he takes his trousers off .... it might not end well

ps ... Sorry Pav; its the weekend and I like to be a bit silly!

 

[pavilion103]

Huge gap up on DAX