Again, Dave pushed me to do something about my trading and market. Here is another email from him. I am sharing this, for you to think. Let me ask you to think about something. Suppose you were able to take 1 point out of the E-mini every day, day in and day out. You just […]
Trading Journal
Backtesting – Comment from MagicT
I have a short discussion with Dave (a.k.a MagicT). He brought up the idea of backtesting. Though It is contrary to my posting before on this topic, I feel that it is always good to have other’s opinion. And it might help other readers as well. With his consent, I am quoting my email conversation […]
TICK Band trading #02 21-Nov-2006: ES Long trade closed
Pre-market was weak. Nothing was really exciting today. I was looking for opportunity to scalp ES. Another TICK Band setup was formed. After Intraday high was tested twice and failed to be cleared, I was looking for opportunity to get long and targeted at day high. Long above high of 7th bar Stop set at […]
TICK Band trading #01 20-Nov-2006: ES Long trade closed
I do not label this as a dummy trade. The entry was not really a narrow range bar. Instead I have established a new category called TICK Band. This trade was made based on NYSE TICK behavior. The strategy is to catch the short term momentum in the market and trade along the direction in […]
Lousy trader
I am kinda disappointed with myself. I was hesitated and missed the move in ES. I was looking at short entry, and just failed to pull the trigger. I know I am going to make some revenge trades, so I switch off my Tradestation and go to sleep. It is a nice trend day. E-mini […]
Boring…Zzzz 13-Nov-2006
I guess it might be Richard who builds a dam. The river is not flowing today. What a boring Monday. No trade. I am going to have a early night then.
