[Robert Joyce]

Bathrobe..... Ok, there is probably something else that should be said regarding those 10 to 50 contract orders....... Are You Crazy...... Judging from your comments on this thread so far there is no way you should be buying that many contracts, you told us you were playing with 'scared money'. My advice is for you to go back to 2 contracts and if you must leverage in you could work your way up to 10. Believe me I am thrilled you did it and made money... but I would be very sad if you get stopped out for a huge loss. So just chill for awhile. You proved you have the kohonas to go large, now prove you have the kohonas to exercise some discipline..... Good luck whatever you do...

[bathrobe]

Originally Posted by Robert Joyce »

Bathrobe..... Ok, there is probably something else that should be said regarding those 10 to 50 contract orders....... Are You Crazy...... Judging from your comments on this thread so far there is no way you should be buying that many contracts, you told us you were playing with 'scared money'. My advice is for you to go back to 2 contracts and if you must leverage in you could work your way up to 10. Believe me I am thrilled you did it and made money... but I would be very sad if you get stopped out for a huge loss. So just chill for awhile. You proved you have the kohonas to go large, now prove you have the kohonas to exercise some discipline..... Good luck whatever you do...

I loaned my brother money which came out of my trading account, from the time when I began posting on this thread up until last week my acct size was about 3k and for me that was scared money, I was unable to scale into trades as usual and a loss crippled my account size. Two weeks ago my brother repaid the loan and I am back to how I have traded now for some time.

[brownsfan019]

I think BR knows what he's doing.

[HAL9000]

After not trading on sim for a while, mainly because the lack of time during last week, and because I am in the process of sorting things (out), I have just done two little scalps today (the major move down had already stalled/paused).

Emergency stop would have been 12 ticks, but I have tightened it.
Two clean and easy trades in my view.

When I started to try trading futures, I decided that 50 bucks on one contract every day would be nice. Maybe I have become greedy in the meantime.

But today ... this should be it. (Daily target)





Brown - BTW. Step 3 on my thread will show your approach on my chart(s).
I will write it tomorrow (I hope).

[bathrobe]

ES +1750

CL +200

It looks like it is a possibility to have oil line up inversly to the S&P again as it did last year. Could yield some nice opportunities.

[pimind]

Ended up Over $900 after commissions.

Had a positive day but it was a grind all day. Traded over 65 Round trips. Made several mistakes fortunately they where going long near the bottom and got multiple opps to get out without much damage.

All in all even though I made good money i'm not happy with my trading today for several reasons.

1. Entered against the trend again, I wish I could get a shock collar everytime I did it then maybe i would stop.

2. Held a trade way 2 long . It was stupid trade with no signal went hard against me then gave me the opp to get out with a few + ticks, but I held on this happened several time each time + a few ticks, A rare gift from the market gods. Anyway I should have taken the first one, and didn't.

3. Moved my stops.

4. Extremely stressful trading.

Again it worked out for me today had it not I would have gotten slapped hard.

[brownsfan019]

6-15-09




The 'issues' w/ me and the 6E continued today. Had a couple rough days there lately but I'm coming out ahead on most of these fights... so to that, I provide this smiley for those thinking they can shake my boat on the 6E...

(note - if you are offended easily, stop now and go to a new thread)

[Mickey Caine]

Nice trade there BF. I see your entry and boy did you show some patience to hold through some pretty big pullbacks to get out at that price. My only trade on the Euro today was whislt you were holding that short. I went long, looked a good entry at the time, but stopped me out. Found the Euro quite choppy today. Still there is always tomorrow.

Also took a long entry on the YM, decided to reduce stop stop from 20 to 15. Great idea, price retaced 18 then went on to be a winner. Hopefully lesson learned.