35854 replies to this topic

[Vertebrae]

Ha ... that was Tennyson

And this...
Turn Fortune turn thy wheel with smile or frown
With that wild wheel we go not up or down

[bear catcher]

Couldn't resist the temptation, short 47,349

Short 47100 for a scalp

[Argento]

Nice one A, i should have held on to my longs a little longer 

 

Anyway let her go higher and let Bulls make money, Bears will have their chance soon. 

Well done to you!

 

Had a nice pierce of the upper daily bollingerband and don't see her running much higher than 47644 futures so time to short!!

 

Market should slide down (double top) with bumps along the way into mid April to conclude the return move and Major 2 of Primary V!

 

A

Edited by Argento, 19 March 2015 - 12:44 PM.

[gannet]

Couldn't resist the temptation, short 47,349

 

Very good.

 

"Be like water"

 

Trade what you see and not what you hope 

[BlythZ]

10 min chart says short ALSI, but this bull might do some serious damage to me if i do that so i will pass. 

Couldn't resist the temptation, short 47,349

[BlythZ]

10 min chart says short ALSI, but this bull might do some serious damage to me if i do that so i will pass. 

[gannet]

And a new ATH on futures. 

Rem: Ours not to reason why

 

Ha ... that was Tennyson

[BlythZ]

Toot toot!

 

A

Nice one A, i should have held on to my longs a little longer 

 

Anyway let her go higher and let Bulls make money, Bears will have their chance soon. 

[BlythZ]

BlythZ that's a brilliant result, +72% in 10 days, well done!  One of the psychological aspects of trading, I found, was to set and keep a 'reasonable' target figure for growth rate.  If expectations become unrealistic not only are we always disappointed but the potential to 'chase after' high risk trades becomes more attractive............and usually much more costly! 

Thanks ianamst, i take it each day as it comes. For me anything above 5% growth for the day would be good i don't have very high expectations. From last week the markets were making very nice moves either up or down so one could capitalise on that. I don't chase high risk trades, those end up wiping one's account and affecting you psychologically and in most cases i end up not taking trades which could be very profitable, so i don't go for high risk trades. 

[Vertebrae]

Toot toot!

 

A

 

And a new ATH on futures. 

Rem: Ours not to reason why

[AJS]

This strategy requires a lot of discipline though. 

 

That is the key, yes. Nicely done!

[ianamst]

BlythZ that's a brilliant result, +72% in 10 days, well done!  One of the psychological aspects of trading, I found, was to set and keep a 'reasonable' target figure for growth rate.  If expectations become unrealistic not only are we always disappointed but the potential to 'chase after' high risk trades becomes more attractive............and usually much more costly! 

[BlythZ]

Cool thanks.

 

Different strokes for different okes I guess. Well done!

 

Way too risky for my liking (having 100% margin in the market) though.

I tried working on 50% of capital and realised that is when i average down which i should never do, take yesterday for example when i entered first long and came back after system said short, profit was down to zero. I should have closed the trade and went short but decided to add further down which was risky because after that i saw the Head and Shoulder that was in play and i was down more than 300 pips when market closed, which could have been 300 pips profit had i followed the system. 

 

So for me, it is better to follow the system RELIGIOUSLY! 

 

This strategy requires a lot of discipline though. 

[Argento]

Nice scalp trades from you too....all aboard for the Green Express 09:00 AM Thursday!

 

A

Toot toot!

 

A

[AJS]

I normally use 100% of capital but i trade ALSI, DOW, FTSE and DAX. 

 

I believe if my system tells me to go long or short and tells me to close whilst the trade is not yet profitable i just follow the system. But i think only 15% of the time it does that and i had only a few losing trades, the long on DAX was the most painful one 

 

Cool thanks.

 

Different strokes for different okes I guess. Well done!

 

Way too risky for my liking (having 100% margin in the market) though.

[BlythZ]

What percentage of capital did you risk to achieve this? (if I may ask)

I normally use 100% of capital but i trade ALSI, DOW, FTSE and DAX. 

 

I believe if my system tells me to go long or short and tells me to close whilst the trade is not yet profitable i just follow the system. But i think only 15% of the time it does that and i had only a few losing trades, the long on DAX was the most painful one 

[BlythZ]

capital base growth+70% in 10 days is phenomenal...very well done!  was that short time window frame scalps(5/10/15/30min) only?

Thanks Delta, yes that was on short time window frames. I normally use 5 and 10 mins only. 

[AJS]

The past 10 days were very good for me, account up 72%. Now to maintain that or better still to do better. 

 

What percentage of capital did you risk to achieve this? (if I may ask)

Edited by AJS, 19 March 2015 - 11:16 AM.

[delta66]

capital base growth+70% in 10 days is phenomenal...very well done!  was that short time window frame scalps(5/10/15/30min) only?

Edited by (*****), 19 March 2015 - 11:14 AM.

[BlythZ]

The past 10 days were very good for me, account up 72%. Now to maintain that or better still to do better.