This market is no fun! I resisted the temptation to go for the ES pop at 7:00a.m. since the Nasdaq didn't follow, and later went long near the...
12/03/2002 Trade #1 Went Short @ 925 anticipating a sell off after 30-min range was broken to downside, and the market looked weak. Covered a...
Can you show a chart of what you're talking about Wally? And what is FR (first reaction?)
Looking for a mid-day rally here, since there are so many shorts on board already, but little downward momentum. Could get good rally if some...
So why is Gann superior Sarasota? Aren't they similar? I don't know much about either so forgive my ignorance. Regarding Wally's trading...
Are you taking over Seanote's journal Murray? We'd be interested if you started one.
Thanks, I need a few more good days to get back November's money, otherwise I'm skipping Santa and going to garage sales for gifts. :)
I only use it on gaps, and only in fading a gap. My first trade otherwise is getting in near yesterday's close. I haven't tested the 30-min...
12/02/2002 Trade #1 Went Short at break of first 30-min. bar at 947.75, covering after first bounce off pivot at 937.50 for a gain of (10.25 x...
11/27/2002 Final for Month of November 2002. Trade #1 Went Short at 938.25 in morning with break below first 30-min. range, but was forced to...
Good stuff Acrary!
You guys haven't been to the "Sell Your Soul to the Devil" seminar have you? You too can do 20-30 points (big contract) per day, if you are...
I hate the non-trend days. :D
Another thing to consider is speed in execution. I believe using the stop limit to enter a breakout trade is superior to a stop market in that...
Yes, good point Alan. I suppose you could widen the limit range beyond 3 points to lower that probability. I've personally been stuck with a...
Did one trade today, since all the recent holidays seemed to trend well. Went short shortly after the 30-min range was broken on the downside...
Here's my journal entry: Caught short with wide stops. http://www.elitetrader.com/vb/showthread.php?s=&threadid=10441&perpage=6&pagenumber=7
Onelot, you can make the market stops native, read my thread: http://www.elitetrader.com/vb/showthread.php?s=&postid=163493#post163493
Many people using Interactive Brokers don't seem to know that you can use Native simulated market stop orders on Globex with Interactive Brokers....
Onelot, IB does use native Stop Limits, but the market order stops are on IB's servers. It goes green when its accepted by Globex.
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