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Re: Today's Trading Hell
Welcome to the futures biz abe.
I'm not going to comment on the trades as you will find over time if your trading plan can work for you. No one else can decide that.
A few observations:
1) Why no firm stop loss?
2) What is your commission round turn for 1 contract? I wasn't exactly sure looking at the snapshot.
3) Have you done backtesting on this trading plan and is a day like today to be statistically expected? If so, no worries. If not, I would worry.
One last question - this was done on a simulator, correct? Today should have been a good learning lesson for you since NO real money was on the line. You should be on a simulator for MONTHS before ANY real money is at stake or you will quickly be out of this game.
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Last edited by brownsfan019; 07-10-2007 at 07:01 PM.
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