Thanks for posting... well done on your gains. You were unlucky on one of your long positions.
Cheers. Early days though. I fully expect to take a daily beating at this stage in my trading!
well done piggybridges
a little hectic for me but interesting have you been trading long?
No, Im fairly new too it all. months rather than years
Been lurking in the long running ES trading thread over on elitetrader.com, and spoted this thread a few days ago. Maybe it can turn into something similar. I think the other thread is the most popular one in ET history.
Yes, its all a bit hectic, but when you're a newbie, you wanna get on lots of trades to help give you statistical relevenace and an idea of what works (if anything!) and what doesn't work I guess...
It's very tuff. Im inspired by a guy who I sometimes skype with who is absolutely amazing, although he doesn't give much away as to how he does it. From what i've seen of the live trades he calls, he makes between about 3-8 trades per day, 80% of the trades give him between 3-7 handles profit and the losing 20% cost him about 2 points each. I could theoretically just copy his trades and make money, but I really want to be able to make points without him, hence im going it alone, but at the same time tracking his trades to see if anything jumps out at me.
There's all kinds of things that I want to experiment with, from random entry systems, to fundamental methods, to different instruments, to statistical models etc etc.
I was gonna start a journal documenting each of my crazy attempts, but for now im just gonna post trades (when I can and depending on how stupid I feel if im constantly getting kiled) in this thread!