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Updated June 12, 2024
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April 1st, 2015, 12:00 PM
Germany
Experience: Intermediate
Platform: Other
Trading: ES, YM, 6E
Posts: 2,668 since Feb 2013
Thanks Given: 5,101
Thanks Received: 6,558
GFIs1
The stop of 30
points is optimized for my time based entry and exit. As the trades are quite
long during the day (normally).
Having the stop more dense it is taken out many times - and the price is again in the intended
direction.
If the stop is set too wide - the negative days weigh to much.
To make it clear: my 30 point stop is optimized with the one trade per day system. It can not been
transferred to another approach.
Just test your own system back and find the optimal stop settings and eventually the take profit points.
GFIs1
Plus: Your system has volatility halts in the sense that trading stops after high vola days.
This is also necessary because 30 tick stops are already relatively close considering
daily ATR14 of >200 at the moment.
April 4th, 2015, 10:37 AM
investigating the steal
Legendary Market Wizard
Experience: None
Platform: nobody interested
Broker: none
Trading: forget about it
Posts: 7,002 since Feb 2012
Thanks Given: 6,226
Thanks Received: 15,740
This week had 2 trades
of which one was against the rules - guess which one
Positive trade 34 points
negative trade 30 points SL
weekly result 4 points
Points since week 2: 94
Happy easter holidays
GFIs1
April 7th, 2015, 08:33 AM
investigating the steal
Legendary Market Wizard
Experience: None
Platform: nobody interested
Broker: none
Trading: forget about it
Posts: 7,002 since Feb 2012
Thanks Given: 6,226
Thanks Received: 15,740
Dax long 09:30 to 15:00
entry @ 12106
exit @
result
IB vol good
Typical after long weekend trade
April 8th, 2015, 03:37 PM
investigating the steal
Legendary Market Wizard
Experience: None
Platform: nobody interested
Broker: none
Trading: forget about it
Posts: 7,002 since Feb 2012
Thanks Given: 6,226
Thanks Received: 15,740
GFIs1
Dax long 09:30 to 15:00
entry @ 12106
exit 12135
result 29 points
GFIs1
April 8th, 2015, 03:39 PM
investigating the steal
Legendary Market Wizard
Experience: None
Platform: nobody interested
Broker: none
Trading: forget about it
Posts: 7,002 since Feb 2012
Thanks Given: 6,226
Thanks Received: 15,740
Today a normal rule trade (after a long weekend)
Dax short 11:30 to 13:00
entry @ 12141
exit @ 12099
result 42 points
IB vol good
GFIs1
April 8th, 2015, 03:49 PM
investigating the steal
Legendary Market Wizard
Experience: None
Platform: nobody interested
Broker: none
Trading: forget about it
Posts: 7,002 since Feb 2012
Thanks Given: 6,226
Thanks Received: 15,740
Wednesday short after a long weekend goes only with the abbreviation rule..
otherwise no points will be made.
So here is the abbreviation chart - with some points made:
GFIs1
just for information:
Friday trade will happen with normal rules.
A NEW ATH is in sight.. right then
April 10th, 2015, 03:03 AM
investigating the steal
Legendary Market Wizard
Experience: None
Platform: nobody interested
Broker: none
Trading: forget about it
Posts: 7,002 since Feb 2012
Thanks Given: 6,226
Thanks Received: 15,740
Today really new ATH possibility. **
Late yesterday pricing was already on new levels.
Start into this Friday brings already a new High.
Looks like QE money is still bringing heavy up
momentum - for a longer time of course.
GFIs1
**needs to be confirmed by End of Day though
April 10th, 2015, 03:27 AM
investigating the steal
Legendary Market Wizard
Experience: None
Platform: nobody interested
Broker: none
Trading: forget about it
Posts: 7,002 since Feb 2012
Thanks Given: 6,226
Thanks Received: 15,740
Dax long 09:30 to 13:30
entry @ 12264
exit @ 12372
result 108 points
IB vol good
GFIs1
April 10th, 2015, 07:52 AM
investigating the steal
Legendary Market Wizard
Experience: None
Platform: nobody interested
Broker: none
Trading: forget about it
Posts: 7,002 since Feb 2012
Thanks Given: 6,226
Thanks Received: 15,740
This short easter week had 3 trades
Positive: three (29 + 42 + 108 points )
weekly result 179 points
Points since week 2: 273
GFIs1
April 10th, 2015, 12:35 PM
Germany
Experience: Intermediate
Platform: Other
Trading: ES, YM, 6E
Posts: 2,668 since Feb 2013
Thanks Given: 5,101
Thanks Received: 6,558
GFIs1
This short easter week had 3 trades
Positive: three (29 + 42 + 108
points )
weekly result 179 points
Points since week 2: 273
GFIs1
Great and well-deserved reward for your patience and discipline.
Good job.
Last Updated on June 12, 2024