bathrobe

O.K. had the 1 tick I talked of earlier and then faded 1068.

BF, same thing happened to me on es, I got short at 66 right before the news, got a bit scared as it shot to 69, got out with a tick and watched it drop 12 points in 2 minutes. Im not done for today though

I should be trading everyday from here on out, today I was not feeling well; insomnia and migraine headaches the last two nights. I should be refreshed for tomorrow.

Thanks, do you trade European futures only? Or do you also you look at Asian futures since you are in Singapore? Chris

Nice sell off this morning, caught the middle of it. After this I missed getting filled on two beautiful trades, could have been a record day but I'll take what I can get.

Had an abbreviated day luckily found a trade earlier in the day.

No, I exited at resistance, I did not hold for the day.

I normally do only trade the ES, I watch the ZB also and thought I would take a crack at it yesterday. I have traded the DAX, 6E, FESX and CL in the past and would like to eventually trade the 6E, ZB and CL intraday along with the ES. FWIW, I had several opportunities to get out with a modest profit but my analysis was totally off.

Back on track today. Bought es around 1083, in retrospect great entry for the day.

Me too, it's been a while.

Tomorrow is a new day.

Not my day either, -7500 trading ZB

I spend my time on this forum because it is not rude and the posters here are knowledgable and helpful in my opinion, I hope to add what I can, but I have only come across one confrontational poster on my time here and this person was pretty new to the forum. One reason you think this might be is because most of us who have been trading as a business and turn a profit spent an unbelievable amount of time learning on our own, making mistakes, learning from them and moving on. When someone new just bluntly asks "explain your setup" that is rude in a different way, while it sounds innocent enough, they are basically saying "I am new to trading and lose money, explain to me how you consistently make money because I do not have the time or the desire to become profitable, I want it for free" If this came off as rude it was not my intention, as Brownsfan said, this is nothing compared to other sites.

I meant to say in the black, not green---but I guess they both work.

Losses are part of being a trader, in some cases I was unable to exit my entire trade in the green, last week I had problems with Ninja Trader, though

BF, I searched all over but I must have worded it incorrectly, you once gave me a link for instructions on how to post a chart directly in the post, could you please re-post the link. Thanks, Chris

Well, today was the best trading day I have ever had. I waited until I saw exactly what I was comfortable trading, When I came upon this setup which was the perfect storm of setups from my pov at about 3:55 est. I loaded up on es contracts like I mentioned Tudor does when he is trading well (taken from his market Wizards interview by Jack Schwager) and the trade met ALL my criteria. One negative, although the P/L is large, the gross loss is too big for my taste, the reason being is that although NT did not drop any contracts in my target like yesterday, I was scaling out and selected a number of es contracts and placed them in the sell column. Rather than get me out of some NT placed sell orders. I exited these mistakes at market to keep the majority of profit.

Brian, Regarding trading before bed; I really think this is a dangerous and possibly extremely costly way of trading. Your margin is going to be around 6k per also. What if something went wrong while you were sleeping? Your broker will not be in. Many people do not know this but stops are not guaranteed, so if you had a 1 point stop and there was a malfunction and the es ran against you for 50 points you would have no course of action. Also, many times you will see a large spike in volume in the middle of the night and then the market moves 20-35 points or more and this kind of buying and selling does not revolve around technicals usually. I just think it is too dangerous not to manage a trade actively when trading using a lot of leverage.

Brian, When you are trading real $$ are you going to set your orders before you go to bed also. Chris

It wasn't so much the market order as the fact that many of my contracts were not in my target which I did not notice until I thought I was out but the dom p/l was dancing around. As you know in Ninja Trader you can not just hit a button to flatten but you have to right click and choose "flatten everything" By the time I realized all this and did some quick math regarding what my commissions are on the trade, I decided to flatten. But no I did not lose that much from having to flatten.

Today I had a problem with my platform again :crap::crap::crap::crap: I had to flatten, which sends a mkt order, which I normally do not use.

I did not see or hear anything about a Ninja Trader upgrade, is this only the UK? Did you not download the upgrade from a few months ago? Chris

My fingernails. Just Kidding, around 9 or 930 I try to have egg whites and toast.

Had a nice trade off a retrace to S/R......a tech glitch made me have to flatten to get out and cost me around 10k. I attached a chart with some thoughts behind the trade.

Thank you for the compliment, I greatly respect what you have to say and have learned a great deal from you, especially about the not so sexy bonds:) Of all the books on trading I have read the one and most important fact I have taken away is that when you are trading well ramp up size and when not so good cut down on size. Obviously from Paul Tudor Jones in the original Market Wizards. I know all traders love him but putting what he says in that interview into practice is a great take way for traders of any size IMO. As for me, stopping over trading was the last piece of the puzzle to being consistently profitable. Chris