Long position of mini-sized Dow was taken above 10am (chicago time) candle. And I was stopped out with 1-R loss. [photopress:mini_dow_30min_trade_close.JPG,full,centered]
Dummy Collection
Dummy day trading #17 21-August-2006: E-mini Nasdaq: Short trade closed
History repeats itself again, I have a reddish Monday. Short position of E-mini Nasdaq was established below 930am (chicago time) candle. And I was 2 ticks away from my break even point. 2-ticks , so near , yet , so far. One trade closed with 1-R loss.
Dummy day trading #16 17-August-2006| E-mini Nasdaq| Short trade closed
Though I did read the cautious words from Mike’s blog about options expiration, I decided to trade if any dummy set up was found. Short position of E-mini Nasdaq was established below 10am (chicago time) candle. It took 1 hour to stop me out. Darn! However, everything was done by following my rules. One trade […]
Dummy day trading #15 16-August-2006:E-mini Nasdaq:Long trade closed
This is the result of let your profit run. Long position of E-mini Nasdaq was established above 9am (chicago time) candle. After closed Dow Mini position prematurely, I have decided to let E-mini Nasdaq position run. Indeed, it was a good decision. Trade closed with nice 3-R gain. I was just too tired at this […]
Dummy day trading #14 16-August-2006:Dow Mini:Long trade closed
It was another bullish day, and it was indeed a repeat of tuesday’s session. S&P, Dow Mini as well as Nasdaq were having nice dummy set up. Long position of Dow mini was established above 9am(chicago time) candle. It was a very slow trade. Position was closed at 11309, and I have left E-mini Nasdaq […]
Dummy day trading #13 15-August-2006:E-Mini Nasdaq:Long trade closed
This is the last trade of the day. Long position of E-mini Nasdaq was established above 9am(chicago time) reversal down candle. Trailing stop was moved to break even after 1-R gain. Subseqently, I did not wait for 2-R gain and decided to closed the trade with 1-R profit with the same consideration as Dow mini […]
