Blog and Rants

It was an interesting and yet disappointing week. I have more losing trades than winning ones, and I closed the week flat. It would have been a positive week if Tradestation did not play some monkey tricks and forced me to close my position early. Anyway, I don’t wanna find an execuse for my performance. […]

I read some trading bloggers mention “If you can’t trade well in stocks/ETF, then don’t think about trading options or futures”. And comes to comparison why trading ETF is a better choice to trading futures or options. blah blah blah. It is really a BLAH. Well, it sounds logical and right. However, I am giving […]

uhm, kinda disappointing morning. Long position of NQ futures was established around 945am, when it moved above yesterday’s range and started bouncing above moving average.Well, I got stopped out.

Now I am convinced I need to add in a rule to refrain myself from trading before previous’s day range is broken. I have been thinking about this over the past week, as the success rate of my system is low when establishing position within previous day’s range. I made a short trade today which […]

After watching NQ futures broke above yesterday’s high, I was waiting for the first pull back to get into Long position. Indeed, Long position was established around 1035am when NQ futures bounced from moving average. This trade, I applied CBL trailing stop instead of setting a fixed profit target. One trade closed with + 2.81 […]

I read a couple good postings on Trading for a living at Movethemarkets and Eyal did a follow up as well. There are couple of good points to note. However, I am not very keen in joining the conversation now, to me, when the time comes (Trading for a living), I will know. A thread […]