20 /30 profitable Dow Dax weekly 100 ticks profit

foroom lluzers

Veteren member
3,611 135
Had two losing trades today -40 = -46 this week

.
long dax 12283.8 long 12340 put for 60

risk 4 ticks

Professionals manage risk
Update

Closed last trade for +20 , so net for this week is -26 on this method

there are 2 other trades open , they could lose - 40

Most traders are not prepared for losing , they can't handle losses , so they lose more.

I also have a weekly call option open

I listen to youtube videos between trades.

 

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foroom lluzers

Veteren member
3,611 135
I listen to real psychologists whilst waiting for next trade


 

NickBk

Experienced member
1,915 498
long dax 12283.8 long 12340 put for 60

risk 4 ticks

Professionals manage risk
I can't be bothered to explain to you but surely you can work out at some stage on your own how that method of trading is so so bad.

You have a calculator or even a pad and pencil.
 

foroom lluzers

Veteren member
3,611 135
I can't be bothered to explain to you but surely you can work out at some stage on your own how that method of trading is so so bad.

You have a calculator or even a pad and pencil.
:LOL::LOL::LOL::LOL::LOL:

I know exactly how you trade your emotions , I will leave that to geniuses and professional forum traders .

A professional can see forum amateurs trading their emotions in the ftse amateurs thread.

http://www.trade2win.com/boards/indices/120172-anyone-scalping-ftse-futures-10359.html#post2939222

I don't trade emotions , you do.
 

NickBk

Experienced member
1,915 498
there 5 incl spread maybe 6 ticks
If I have nothing to do one day I will explain the error here for you.

Surely you need to think yourself tho, just once.

You took your position to go long presumably, so at what level does it need to hit for you to make money? I know the answer just trying to engage your mind here.
 

foroom lluzers

Veteren member
3,611 135
If I have nothing to do one day I will explain the error here for you.

Surely you need to think yourself tho, just once.

You took your position to go long presumably, so at what level does it need to hit for you to make money? I know the answer just trying to engage your mind here.
I know exactly what I am doing here !

It has to hit 12350 to make , probability is low .

At the money options I already have positions .If I buy at the money I pay 20 ticks , so if price goes to 12340 I will make 20 , risking 20 to 20 .

In my trade , if volatility breaks out , I will make 20 for 6 risk.

I have weekly calls at 12300 , that is open till friday.

You have risked few hundred ticks for your 4 positions , that makes you amateur
 

NickBk

Experienced member
1,915 498
I know exactly what I am doing here !

It has to hit 12350 to make , probability is low .

At the money options I already have positions .If I buy at the money I pay 20 ticks , so if price goes to 12340 I will make 20 , risking 20 to 20 .

In my trade , if volatility breaks out , I will make 20 for 6 risk.

I have weekly calls at 12300 , that is open till friday.

You have risked few hundred ticks for your 4 positions , that makes you amateur
You showed two trades and said they were related, so can you explain just that, what you had for breakfast and weekly is not relevant here. Just explain the payoff's on the trade you used as your 5/1 and lets start from that.

I think you will struggle to make it coherent and worthwhile but I will help you out if you make the effort.
 

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