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SEA-EL Trading Journal (CL)

  #61 (permalink)
wmueller
Milwaukee, WI
 
Posts: 88 since Jan 2014
Thanks Given: 4
Thanks Received: 47

1022:12, short 1, +1T
Trying to catch a top - permafader! So, Long term direction (LTD) was not yet in my favor. Exit was OK but not great. The bad entry made a good exit almost impossible. ATM -> -9T




1237:44, Long 1, +5T
Late in the trend to enter. Really didn't have a good marker to enter against. Exit was fair. Definitely a scalp exit. A bit of a chicken exit too. ATM -> -9T with MFE = +18T.

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  #62 (permalink)
wmueller
Milwaukee, WI
 
Posts: 88 since Jan 2014
Thanks Given: 4
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1053:26, Long 1, +4T
Lucky exit. late in the LTD. ATM -> -9T

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  #63 (permalink)
wmueller
Milwaukee, WI
 
Posts: 88 since Jan 2014
Thanks Given: 4
Thanks Received: 47


0852:58 short 1, 4T
Late in the move entry. ATM -> -9T right to the tick. One extra tick of s/l and I could have had a +20.


0951:47 long 1, -5T
Late in the move at high, not enough s/l space to allow for pull backs. Ultimate direction was correct.

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  #64 (permalink)
wmueller
Milwaukee, WI
 
Posts: 88 since Jan 2014
Thanks Given: 4
Thanks Received: 47

0850:42, Long 1, +3T
A little late in the move. Got out near top of move. Both PA and CD wore signalling reversal.

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  #65 (permalink)
wmueller
Milwaukee, WI
 
Posts: 88 since Jan 2014
Thanks Given: 4
Thanks Received: 47

1308:49, short 1, -1T
Bad trade, feeling like needed tomake a trade before the day ended. Bad boy!
I got lucky with the exit, could have lost a lot more.
Entered late, in chop.

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  #66 (permalink)
wmueller
Milwaukee, WI
 
Posts: 88 since Jan 2014
Thanks Given: 4
Thanks Received: 47

Real disaster trade - 101 ticks. Made a mistake, hitting a wrong button which entered me into a trade and then I componded it by not either just getting out originally or letting the stop loss take me out (at -9T). Instead I kept widening the stop. At one point I was at -150 ticks. Then it got back to -100 ticks and I got out. This was the firs time I had an overnight trade, at which point the margin went from $1000 per contract to $3400 per contract and I couldn't do any more trading until I got out of this one. After that trade I made 4 trades which yielded +2, +10, +4, -5 ticks. The feeling that I had during the disaster trade was: "please God let me out of this trade without too much damage and I promise to be a good boy from now on."


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  #67 (permalink)
wmueller
Milwaukee, WI
 
Posts: 88 since Jan 2014
Thanks Given: 4
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0932:38 short 1 -7T
I tightened the stop by 2 ticks. So the s/l was 2 ticks above a recent high. Sure enough, PA came back and peaked out right at my s/l. However, had I left the ATM alone I would have had -9T. MFE was +5. MFE with the ATM would have been +19, so if I had tightened my stop after, and FE of say +10, I would have had a BE or better trade.

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  #68 (permalink)
wmueller
Milwaukee, WI
 
Posts: 88 since Jan 2014
Thanks Given: 4
Thanks Received: 47

1044:41 2 trades, -9T -2T = -11T
first trade short 1 contract right at bottom, the worst possible place.
2nd trade short 1 on low side of chop.
Need to have better signals and follow them.

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  #69 (permalink)
wmueller
Milwaukee, WI
 
Posts: 88 since Jan 2014
Thanks Given: 4
Thanks Received: 47

1147:55, Long 1 - 6T
Had a +4 MFE but gave it back. I widened the stop to -11T because I saw the the lower swing point which looked stronger. Luckily I was able to recover a little bit of the pull back and take only a 6 tick loss.

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  #70 (permalink)
wmueller
Milwaukee, WI
 
Posts: 88 since Jan 2014
Thanks Given: 4
Thanks Received: 47


1145:26 long 1, -4 T
Had I not tightend the stop it would have gone to +20
Same for second trade.
2 ERRORS.

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