Live Trades now showing

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cj12

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Hello

I have decided to show some of my Live trades. Trading the Dow YM.Anyone is welcome, we can all learn from it. Take a look in the Live chat.

When I decide to show live trades, I will let you know on this thread to say when I will be trading.


sun
 
Thanks Frugi

Yes it was a good start.Tomorow i will be in the chat room live from 3pm,giving live signals. Tomorrow will be more relaxed trading, looking for a nice run. Like I said today if things dont go to plan i am quick to get out

Also tonight I done some scalp trades. Managed to get 18 points. see you tomorrow guys

http://www.trade2win.com/chat/java/...&room=trade2win

sun
 
Hi Frugi

Tried to log into live chat, comes up with a jpilot popup or something, is it safe to install this?
 
sun123 said:
Thanks Frugi

Yes it was a good start.Tomorow i will be in the chat room live from 3pm,......
Click to expand...

Hi Sun, 3pm what time zone? Any idea what time that would be for yanks on the Eastern coast of the US?
Thanks,
JO
 
JumpOff said:
Hi Sun, 3pm what time zone? Any idea what time that would be for yanks on the Eastern coast of the US?
Thanks,
JO
Click to expand...
Hello JO, it will be at 10 am precisely your time.

We were only just a few minutes ago wondering about your existence.

"S" is in the room and says hello.

Kind Regards.
 
this afternoon in the live chat was most instructive and illuminating.

both frugi and sun123 trades off small ( 3-min, 5-min ) timeframes.

they both explained what they were looking for, when they entered, how many lots, and explained their stop-losses, and profit-taking methods.
the running commentary as to when the market was waiting for a bounce, or a jump up or down, BEFORE it happened, was fantastic.
( I took just one longer time-frame trade, so had the free time to monitor these scalps )

the snippets of info, advice and market knowledge between the chatter was the best bits.

hope they do equally well tomorrow as well.

EDIT: for the record, it was SHORT ( what a surprise ) on the Dow from 10,690 to 10.,660.
 
Thanks trendie

Well considering the move today Only managed 26 points for the day, I done some scalps.then done what I call a semi postion trade.for 45 points.,all after commission. Then done one bad trade long once the gap was filled. but it went down, sold some of my contracts, but it still went down, bought more at 10583. and got flat at 10599. with a small loss

The last 2 days I am up 44 points. showing live trades. anyone is welcome in the room. and you can show us you trades, if you wish.

See you tomorrow at 3. pm UK time

sun
 
Thanks for the comments trendie, but I must add that you flatter me generously , given that I had the worst day I've had for ages. :( I even took a stupid impulsive trade at one point (something I've not done for a while) and no surprise that it was a loser. I also took a 123 short early in the day that I described as "poor", but had I taken it according to my specific criteria not my misguided intuition (i.e 5 lots not 1, scaled exit) it would have been a decent winner. As it was I ended up down 111 points, wrecking my profit of 50 yesterday.

Mechanics vs discretion is, as ever, a bit of a tussle in the frugi brain at the moment. My gut feel is perhaps correct slightly more than 50% of the time (by this I mean the detection of an imminent move from the preparatory price action) - it is certainly improving, albeit very slowly - but until I develop it to a consistent level I'd best stick to taking each viable setup "straight", as it comes, without trying to second guess the market. However I have noticed that at a simple pictorial level the best setups "look" right on the chart, even if the price action underlying the distinctive shape of the chart is still a mystery, so perhaps that is a step forward in another direction too.

Posting live trades in the room adds considerably to the pressure and can compromise concentration, so I'm not convinced it is in my best interests to do so, but we'll see.

Anyway enough about my bruised ego, the point is to kindly invite anyone into the room who wishes to speak, lurk, trade or whatever and we'll see if we can get the thing buzzing again.

Soc do I take it you attended incognito today or have I grasped the wrong end of the twig, perhaps mistaking one room for another more secure one?
 
Great to see the action again today sun & frugi - hope you keep it up. I had a good one today, but well down on the week, so lucky it's simulated trades only.

I do like the theory of scaling out of a trade so that you reach breakeven pretty quick and then let a small portion run. It worked for me today, but that's pretty rare. If I go in with 5 contracts and close 3 or 4 after a few points I need too many winners to compensate for the losers where all 5 contracts run to my stop which is usually ~10 points. Got to learn to be more relaxed about letting the free portion run I suppose, and to get out of the bad ones earlier if they don't immediately go my way.

Look forward to watching tomorrow's action.
 
Could you be a little more specific about the time please, say using the date and GMT (one can get confused with the winter time and summer time, after a long period of absense), I am sure many traders will be eager to join in on an educational experience.
 
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please note you have to pay commission !!

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Last edited:
I have a bit of problem following the trade in live mode.

When you say L1 or S5 etc, was it referring to opening the position or closing the position?

And who is doing the trading demonstration? There seemed to be a few people saying L or S, it's a bit confusing.

Perhaps could describe the abreviations here before next demo.
 
anonymous,

the 2 main players are frugi, and sun123.

they may have slightly different ways of annotating their trades.

L1 would mean Long 1 lot, S5 would mean Short 5 lots.
sometimes, a partial position is closed to take profits etc.

it can get confusing, when the market gets a little fast, but you just have to keep track of whats going on.
sun123 and frugi are more concerned, rightly so, in making and conserving their profits.
 
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