Here's a quick update as of today: Position..Unrealized P/L EXC (300) +690.00 (+4.2%) UPS (200) -306.00 (-2.0%) X (200) +1,310.00...
I´m very satisfied with my results so far. Here´s a summary: Position............Unrealized P/L EXC (300) -10.50 UPS (200)...
cnms2, you´re absolutely right about the fact that I didn´t have a specific rule for profit taking... the most important rule I follow is to...
tradre56 -- no, no volatility. I base my stops on previous support (long) or resistance (short) on the hourly or daily charts... i like to give it...
I have a trading plan here. Hope it helps. http://www.elitetrader.com/vb/showthread.php?threadid=61002
My X position is progressing well ... what to do ? Few things can happen here: 1) Go up until hits the first resistance 2) Consolidate a...
I'm hoping this whole planning will lead me to consistency and better discipline. I came to the conclusion that I've spent way too much time on...
riskarb - I take your compliments.
Skeptical -- I've extracted this sheet from a Workgroup, that's why it has a password for the code... but, for this specific sheet there's no...
US Steel (X) position has gone up for the last 3 trading days. Adjusting stop to break even.
2005/12/28 Long [UPS] 200 shares @ $76.43 stop loss @ $ 74.7 total risk $350 * Refer to chart for comments daily view [img] weekly...
Will post update tomorrow.
This is an Excel spreadsheet that I use to calculate risk based on stop placement and also target. It has also a Stop Loss Risk sheet adjusted...
Excellent article. Iâll be disciplined and try to avoid these mistakes. The Top 10 Mistakes Traders Make and How To Avoid Them by Jim...
40yotrader -- your goal is quite agressive... hope you have enough capital to achieve it... My goals are rather small compared to yours but would...
2005/12/23 Long [EXC] 300 shares @ $54.66 stop loss @ $ 53 total risk $504 (risk complies with my trading plan) Exelon Corporation is a...
Yes Mike. The numbers are in line with my last year's results. I'm trying to get more formal this year.
Please feel free to post comments or suggestions on how to improve my trading plan and my setups. :cool: I'm using a real trading account and...
2005/12/22 Long [X] 200 shares @ $46.23 stop loss @ $ 44 total risk $450 * Refer to chart for comments daily view [img] weekly view...
NoFrills Trading Plan 2006 Objectives & Position Sizing * Grow $ 25,000 initial by $ 9,750 (39%) by year end * Improve my discipline...
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