8/10/07 General Trade Log / Idea sharing

[james_gsx 16]

I guess the reason I find it intimidating is because I know there are much better traders I'm up against. But it is easier for me to trade, and I'm doing much better because my setups are occurring more often.

[AbeSmith 10]

Trade 10: -3.

[AbeSmith 10]

Trade 11: -19.

[AbeSmith 10]

Trade 12: 0.

[Guest cooter]

James,

Don't let the big bad ES intimidate you. I think it's just like the others, but with more volume. As you want to trade more and more volume, the ES is the most liquid so I think it's a good market to trade.

ES seems much more scalper friendly, price movement is a lot faster obviously. I'm still a bit intimidated, but I'm doing pretty well.

 

How is everyone else doing?

 

If you think the ES is intimidating, try the ER2 Russell e-mini then.:p

[james_gsx 16]

What is the symbol for that? I used to have it on my screen but after I had to uninstall and re-install e-signal I lost it.

[brownsfan019 17]

AB or ER2 are the common symbols.

[AbeSmith 10]

Trade 13: -13.

Trade 14: -18.

[james_gsx 16]

Just saw the same moves coming up on the ES and YM so I took both. Turned out to be a +50 YM and 2.75 ES trade. I'm happy with that and I'm done trading for the day and I'm just going to go look over my charts and see what I did right/wrong and where I can improve. I finished with over 200 YM and over 20 ES, good volatility allowed for my setup to come up quite regularly and work out with bigger than normal profit margins. Only a few losing trades, but they happen. I'm glad I'm going on vacation, I could see myself getting greedy next week with such a good day and screwing things up so this will give me time to clear my head. Good trading everyone!

[AbeSmith 10]

Trade 15: -10.

[AbeSmith 10]

My trading summary for today:

 

15 roundtrips. +54 or so points. May have miscalculated by a couple of points. Realized paper gain of 201.10.

[james_gsx 16]

Good trading Abe, I've seen a lot of improvement from you lately. Keep it up!

 

p.s - what is there to do in Dallas? I'm leaving for there tomorrow morning.

[AbeSmith 10]

Good trading Abe, I've seen a lot of improvement from you lately. Keep it up!

 

p.s - what is there to do in Dallas? I'm leaving for there tomorrow morning.

 

Thanks James. Good trading to you as well.

 

Regarding Dallas, I'm not sure what kind of things you're into. You might want to check out reunion tower in downtown.

 

 

There is a restaurant up there that spins around, slowly, to let you view Dallas in 360.

[AbeSmith 10]

The JFK museum may also be interesting.