It was a very slow day for index futures. Not so easy money . Long position of Dow Mini was established above 1030am(chicago time) inside bar. This entry might be too early, I was just following the rule. Stop was moved twice and it was triggered at 11151 with 1-R gain. Initially, I was thinking […]
Trading Journal
Dummy day trading #7 09-August-2006: E-mini Nasdaq: Long trade closed
I was not prepared to get into Long position of Nasdaq or Dow today, given oil was having some crazy run. However, set up for E-mini Nasdaq Long trade was so nice that I just couldn’t resist. Long position of E-mini Nasdaq was established above 930am (chicago time) candle. Trailing stop was moved twice, and […]
Video: John Carter ‘How to be a day trader’
Here is another video by John Carter, the author of ‘Mastering the trade’. He was interviewed by ABC News. The title of the video is ‘Making a living as a day trader’. Well, some tips were provided. Nothing really fancy if you have already day traded. However, no harm of revisiting the simple rules of […]
Market review video from Tradethemarkets.com
Here is an interesting link I have found on the web. It is a video made by John and Hubert from tradethemarkets.com . John reviewed a number of commodities and futures market after Fed meeting. Here is the video .
Charts: Futures recap 08-August-2006
If one of the trading rules is 'You don't need to trade everyday', Fed meeting day might be a good day to take a break from trading. Again, I decided to leave index futures alone for the day, and turned my eyes to commodities. Well, Gold did not have a good run. I was pretty […]
Charts: Futures recap 07-August-2006
As mentioned in my previous posting, if I were to point out the mistake of the day, the it was the miss of entry for Mini Crude. . Instead, I was looking at Gold, which bulls were too weak to go further. Let's back to business. Looking back at the 30-min charts, I guess I […]
