8/24/07 General Trade Log / Idea Sharing

AbeSmith · #1 (**permalink**) 08-24-2007, 09:22 AM

Hello. Dow is currently flat in premarket, rising after positive Durable Goods Orders report. New Home Sales report is due at 10ET. Europe is mixed with no huge ups or downs. Asia and Pacific markets are mixed: China, India, and Indonesia up, others down. Good trading.

btrader2 · #2 (**permalink**) 08-24-2007, 09:30 AM

Hi Abe,

Flat is the word. Market in value, needs to make a decision one way or the other.

AbeSmith · #3 (**permalink**) 08-24-2007, 10:49 AM

Setup 1: +6. +6.

AbeSmith · #4 (**permalink**) 08-24-2007, 11:55 AM

Setup 2: -10.

AbeSmith · #5 (**permalink**) 08-24-2007, 01:24 PM

Setup 3: +6. +16.

AbeSmith · #6 (**permalink**) 08-24-2007, 03:12 PM

Setup 4: +15.

AbeSmith · #7 (**permalink**) 08-24-2007, 05:35 PM

My trading summary today:

4 setups. 6 roundtrips. 39 net points. $169.44 realized paper loss.

AbeSmith · #8 (**permalink**) 08-24-2007, 05:36 PM

	Quote:	AbeSmith
	My trading summary today: 4 setups. 6 roundtrips. 39 net points. $169.44 realized paper loss.

$169.44 realized paper gain.

MrPaul · #9 (**permalink**) 08-24-2007, 06:14 PM

Nice work today Abe. What have you discovered thus far about using multiple contracts and scaling?

AbeSmith · #10 (**permalink**) 08-24-2007, 07:14 PM

	Quote:	MrPaul
	Nice work today Abe. What have you discovered thus far about using multiple contracts and scaling?

Hello Paul. I like multiple contracts and scaling. It's a good feeling to scale out after some gains to make it a free trade. The potential loss from multiple contracts is worriesome. But I imagine the more experienced I become and the better I get at finding high probability setups with good entries the more multipe setups will become a valuable part of my trading.

LinkBacks (?) LinkBack to this Thread: http://www.traderslaboratory.com/forums/f103/8-24-07-general-trade-log-2315.html
Posted By	For	Type	Date
Traders Laboratory - forumdisplay	This thread	Refback	08-24-2007 11:55 AM

Thread Tools
Show Printable Version Email this Page
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
8/13/07 General Trade Log / Idea Sharing	AbeSmith	Traders Log	38	08-13-2007 05:17 PM
8/9/07 General Trade Log / Idea Sharing	AbeSmith	Traders Log	19	08-09-2007 06:52 PM
8/8/07 General Trade Log / Idea Sharing	AbeSmith	Traders Log	14	08-08-2007 03:58 PM
8/3/07 General Trade Log / Idea Sharing	AbeSmith	Traders Log	29	08-03-2007 07:06 PM
8/01/07 General Trade Log / Idea Sharing	james_gsx	Traders Log	45	08-01-2007 11:15 PM

	<a href='http://traderslaboratory.com/adserver/www/delivery/ck.php?n=a1be3cb8&cb=INSERT_RANDOM_NUMBER_HERE' target='_blank'><img src='http://traderslaboratory.com/adserver/www/delivery/avw.php?zoneid=37&cb=INSERT_RANDOM_NUMBER_HERE&n=a1be3cb8' border='0' alt='' /></a>	Advanced Search

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)