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Dummy day trading #57 14-Feb-2007: NQ Long trade closed

by Gav 9 Comments

“What do you want?” I am asking myself after closing the position. In fact, I had two entries to go Long NQ futures. I gave up the first one which appeared around 10am. Reason being I had a bearish view of NQ given longer time frame looked rather bearish. So I decided to wait for […]

Filed Under: Dummy Collection, Trading Journal Tagged With: Dummy Trading E-mini Nasdaq, Trading Journal

Trend table Midweek 14-Feb-2007

by Gav Leave a Comment

We have some positive change in index futures. Other than NQ which looks rather weak for the moment, YM, ER2 and ES are showing some strength. [photopress:MidWeek14Feb2007II.PNG,full,alignleft]

Filed Under: Trading Journal

Another quote from Paul Tudor Jones

by Gav Leave a Comment

Here is another piece of trading rule from Paul Tudor Jones, quoted from Market Wizards: Interviews with Top Traders. The most important rule of trading is to play great defense, not great offense. Every day I assume every position I have is wrong. I know where my stop risk points are going to be. I […]

Filed Under: Rant, Trading Quotes Tagged With: Trading Quote

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