[Robert Joyce]

Ok, still with the sim. 15- 2 contract ym trades. 7 winners, 2 losers, 5 at or near even for a phoney baloney profit if $695.

Outstanding Bathrobe, How many contracts were you trading at a time on your ES trades.

[thalestrader]

Originally Posted by bathrobe »

Shorted 140 more ES at various prices.

Total ES trades for day: 263 contracts, +$3,150

+4,626 for Friday.

Now all I need to do is duplicate this day in and day out.

Ok, ok ... now you're just showing off!

[bathrobe]

Originally Posted by Robert Joyce »

Ok, still with the sim. 15- 2 contract ym trades. 7 winners, 2 losers, 5 at or near even for a phoney baloney profit if $695.

Outstanding Bathrobe, How many contracts were you trading at a time on your ES trades.

Not all trades were of the same size, they were all scale ins at different prices, usually 10 to 50. Not all my orders get filled though.

[Robert Joyce]

50 contracts..... holy shit..... This is my vision..... this is my dream..... get consistent making small points everyday and then slowly ramp up the number of contracts. You don't need a lot of points to make a lot of money with 50 contracts. Out freaking standing..... But I said slowly.... slowly.... Did you find a huge increase in the emotional component when you pushed the button on 50 as compared to 2 or 3... I imagine you did....

Takes a sizable account though... Would be a nasty stop out.... But Kudos......

I'm supprised you can walk with kohonas that large..... lol lol

Thanks for sharing.... Out freaking standing....

[bathrobe]

Originally Posted by Robert Joyce »

50 contracts..... holy shit..... This is my vision..... this is my dream..... get consistent making small points everyday and then slowly ramp up the number of contracts. You don't need a lot of points to make a lot of money with 50 contracts. Out freaking standing..... But I said slowly.... slowly.... Did you find a huge increase in the emotional component when you pushed the button on 50 as compared to 2 or 3... I imagine you did....

Takes a sizable account though... Would be a nasty stop out.... But Kudos......

I'm supprised you can walk with kohonas that large..... lol lol

Thanks for sharing.... Out freaking standing....

The emotional component is very hard to deal with when one point can equal 5k or more. Something that helps is viewing trading like a business. Losses are part of trading; this is harder than it sounds though.

[Robert Joyce]

Bathrobe, when you say 'all my trades don't get filled'. Did you mean that price never hit your limit entry or that you only get partial fills on a 50 for example. I assumed that might happen on the YM with such a high number, but I thought the ES could handle that size no problem, and does it only affect entries, how about exits. I also imagine you might get filled at several different prices depending on the size of your order. What was you experience.

[Mickey Caine]

Thought I would post this as it might then sink into my thick skull. Why oh why did I take that first trade (Red Arrow). Went long after only a 23.6 retrace and only 3 ticks from a floor trader pivot level. DUMB. But more importantly, why did I not take the next trade (white Arrow) ? A healthy retrace and sufficient room to get off my first target before hitting resistence.

Hopefully putting this down in black and white might help.

[bathrobe]

Originally Posted by Robert Joyce »

Bathrobe, when you say 'all my trades don't get filled'. Did you mean that price never hit your limit entry or that you only get partial fills on a 50 for example. I assumed that might happen on the YM with such a high number, but I thought the ES could handle that size no problem, and does it only affect entries, how about exits. I also imagine you might get filled at several different prices depending on the size of your order. What was you experience.

Robert, I only place limit entries and I didn't get filled fully when price would trade my price but not through it, just a matter of fifo I guess. When the ES trades through they get filled instantly though. Same thing with exits.