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Short term TF trading


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Short term TF trading

  #511 (permalink)
 indextrader7 
Birmingham, AL
 
Posts: 1,065 since Apr 2012

I've built a large position. Stop is about to be moved to breakeven, which will feel fantastic.



(Took 10/16 contracts off the table, and moved stop below last dip)

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  #512 (permalink)
 indextrader7 
Birmingham, AL
 
Posts: 1,065 since Apr 2012


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  #513 (permalink)
 
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 josh 
Georgia, US
Legendary Market Wizard
 
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Broker: Denali+Rithmic
Trading: ES, NQ, YM
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Nice job IT7, very professional and somewhere an amateur trader wouldn't dare go--adding. It takes cajones beyond compare even though today is a perfect day for it. I was long ES and am happily flat at this point, but I hope for your sake it will give you the pop you are looking for.

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  #514 (permalink)
 indextrader7 
Birmingham, AL
 
Posts: 1,065 since Apr 2012

Ok, just taking off the last 6 contracts. Mainly because I'm hungry. Happy trading all.

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  #515 (permalink)
 indextrader7 
Birmingham, AL
 
Posts: 1,065 since Apr 2012


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  #516 (permalink)
 indextrader7 
Birmingham, AL
 
Posts: 1,065 since Apr 2012

Working on developing a trading system. Looking for that holy grail of simple rules to follow to be wildly successful.


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  #517 (permalink)
 indextrader7 
Birmingham, AL
 
Posts: 1,065 since Apr 2012

Used to follow a lot of currency pairs, multiple times a day.

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  #518 (permalink)
 indextrader7 
Birmingham, AL
 
Posts: 1,065 since Apr 2012


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  #519 (permalink)
 indextrader7 
Birmingham, AL
 
Posts: 1,065 since Apr 2012

Three goals I had: make 25 pips/week, always have the correct position size for my stop loss, and cut losers short and let winners run. Also starting to realize that there is a process of BECOMING a trader. Sounds straightforward, but that's a conclusion that I came to after a lot of struggle.


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  #520 (permalink)
 indextrader7 
Birmingham, AL
 
Posts: 1,065 since Apr 2012


Lost $7,700 in a string of really bad trades (probably half of my account at the time), and circled where I smashed the pen into the notebook when it happened a few pages back in the journal (to remind myself of that pain and ability to make mistakes).


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Last Updated on June 9, 2013


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