Dummy day trading #67,#68,#69 NQ Long trades closed

Monday, April 16th, 2007

I have made 3 long trades on NQ futures today, one during opening, 2 trades around noon time. Tough all trades were profitable with very small trades, I don't feel I was making good trade. I failed to hold on winner which would definitely give me bigger profit. End the day ...

Dummy day trading #66 04-April-2007 NQ Long trade closed

Wednesday, April 4th, 2007

I saw a dummy setup right before I shut down my Tradestation. This is a small R trade. Long position of NQ futures was established around 1205pm. NQ was moving in my favour, however, it was slow. And subsequently, an ugly big down candle at 1230pm pissed me off. I ...

Dummy day trading #65 26-Mar-2007: NQ Short trade closed

Monday, March 26th, 2007

Short position of NQ was established around 11am. Trade did go in my favour, however, it was slow. I trailed stops and get stopped with -0.27 R loss. [photopress:NQ3min26mar2007.jpg,full,alignleft] Journal note: This is a bad trade. Firstly, It was too late for short entry. And subsequently, a long setup was formed and ...

Dummy day trading #64 26-Mar-2007: NQ Long trade closed

Monday, March 26th, 2007

The first trade of the week is a -R loss. I got in long position of NQ a couple of minute before 10am (right before home sales report released). Am I right or wrong for the timing? I don't know, but I don't trade on news, anyway. I am not going ...

Dummy day trading #62 19-Mar-2007: NQ Long trade closed

Monday, March 19th, 2007

After the mistake of first trade (got it too early), I decided to give it another try, as market looked really strong today. I got in NQ futures around 1035am. And that was a better trade. Since the medicine was running in my body, I decided to use moving average ...

Dummy day trading #60 12-Mar-2007: NQ Short trade closed

Monday, March 12th, 2007

I made an attempt to short NQ futures when a new downtrend cycle was formed. And I got stopped out by this choppy day. Trailing stopped was triggered with -0.89 R loss. Tough. [photopress:NQ200ticks12Mar2007.jpg,full,alignleft] Journal note: This is a bad entry. Trying to dummy trade when everything was still in the ...

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