Got 75ticks total yesterday. Out and done for today with 39 total. Faded this last quick thrust up when it hit an area with previous selling . . . .
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DislikedRough start. 1st entry was too low, price reversed right on the stop. At 1 point i was net 2 losers, if i had 1 more i would have called it a day and held that negative. {image} +600 in targets (4) -250 in stops (5) -34.74 commision (9) Net 315.26 on 1 contractIgnored
DislikedRough start. 1st entry was too low, price reversed right on the stop. At 1 point i was net 2 losers, if i had 1 more i would have called it a day and held that negative. {image} +600 in targets (4) -250 in stops (5) -34.74 commision (9) Net 315.26 on 1 contractIgnored
Disliked{quote} your doing well LG looks like a combo of pullbacks and breaks right?Ignored
Disliked{quote} Either I am just dense today or probably woke up on the wrong side today or both :-( 5*(-10) = -50T in loss and 4*30T=120T in profit. Net profit = 120-50=70T/contract (just by going with your chart which has no price or time so hard to understand what is going on)Ignored
Disliked{quote} Either I am just dense today or probably woke up on the wrong side today or both :-( 5*(-10) = -50T in loss and 4*30T=120T in profit. Net profit = 120-50=70T/contract (just by going with your chart which has no price or time so hard to understand what is going on)Ignored
DislikedRough start. 1st entry was too low, price reversed right on the stop. At 1 point i was net 2 losers, if i had 1 more i would have called it a day and held that negative. {image} +600 in targets (4) -250 in stops (5) -34.74 commision (9) Net 315.26 on 1 contractIgnored
Disliked{quote} You got it right. Take it a step further and convert the ticks to dollars so you can net with commissions. Here's with time (est) and price (YM) {image}Ignored
Disliked{quote} you and me both man..this week is shit for me...will post chart in a bitIgnored
Disliked{quote} you and me both man..this week is shit for me...will post chart in a bitIgnored
Dislikedalso do you guys have weekly or monthly goals? i have set daily goals for myself in ticks (20% of current session range), but i alwasy seem to give back my monthly profits. not sure what good weekly or monthly profit should be. i dont like to set $ value since that doensn't jive with market volatility. in other words..when do you say if that's enough money for the month? week?Ignored
Disliked{quote} I should go with the size that I need to generate income from day one and not bother with growth.Ignored
Dislikedin continuation.... lets say our goal monthly is $15K... taking Harold's example, would you stop trading if you make two trades each worth 250Ticks @ 6 Contracts on day one? Would you have the discipline to call it a month and enjoy your monthly income with just a few hours of effort? I am sure many of us will not stop trading and lose some of the earnings trying to make some more. The "today is my lucky day" factor plays a huge role in our minds lolIgnored