Dummy day trading #59 28-Feb-2007: NQ Short trade closed

Wednesday, February 28th, 2007

I decided to make an attempt when NQ goes below opening low again. Short position was established around 951am during the first pull back of new downtrend cycle.Too bad, I was stopped out. One trade closed with -1 R loss [photopress:NQ200ticks28Feb2007.jpg,full,alignleft] I will stop trading for the day and get some rest. I ...

Dummy day trading #58 27-Feb-2007: NQ Short trade closed

Tuesday, February 27th, 2007

Short position of NQ was established around 1116am. I did not expect too much out of this trade as we have a big gap down which took out yesterday's low as well as last week's low. Cash market has been losing more than -40 points. The real profit started from ...

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

Wednesday, February 14th, 2007

"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 ...

Dummy day trading #56 12-Feb-2007: NQ Short trade closed

Monday, February 12th, 2007

I was once thinking maybe I should not post details of my trade online. But anyway, I continue doing this now. I just came back from office , yes, 545am (Singapore time). I received an urgent call after closing my position. My office network was infected by Virus,causing .exe files ...

Dummy day trading #55 09-Feb-2007: NQ Long trade closed

Friday, February 9th, 2007

uhm, kinda disappointing morning. Long position of NQ futures was established around 945am, when it moved above yesterday's range and started bouncing above moving average.Well, I got stopped out.

Dummy day trading #54 08-Feb-2007: NQ Short trade closed

Thursday, February 8th, 2007

Now I am convinced I need to add in a rule to refrain myself from trading before previous's day range is broken. I have been thinking about this over the past week, as the success rate of my system is low when establishing position within previous day's range. I made ...

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