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Search: Posts Made By: Michael.H

Forum: Trading Journals

February 3rd, 2011, 06:48 PM

Replies: 770

shodson's Trading Journal

Views: 184,945

Posted By Michael.H

this may sound stupid to you, but even if you get...

this may sound stupid to you, but even if you get 5 trades a months with a very high profit factor can be traded....
Not everything has to be a day trade for it to be profitable. All your doing is...

Forum: Trading Journals

January 14th, 2011, 01:57 AM

Replies: 770

shodson's Trading Journal

Views: 184,945

Posted By Michael.H

Almost there, i know its tough. I do...

Almost there, i know its tough.

I do remember reading that if the gap is not filled within the first hour, you need to exit, since its highly unlikely for it to fill once that time has passed....

Forum: Trading Journals

January 12th, 2011, 06:52 PM

Replies: 770

shodson's Trading Journal

Views: 184,945

Posted By Michael.H

I see... well then you did everything right. ...

I see... well then you did everything right.

As per my prior post, i suggest you look at non-time based bars to get better entry on your discretionary trades.

Forum: Trading Journals

January 12th, 2011, 05:15 PM

Replies: 770

shodson's Trading Journal

Views: 184,945

Posted By Michael.H

I actually think he's gap trades are fine. Its...

I actually think he's gap trades are fine. Its his discretionary trades IMO that are causing the most draw downs.

I'm also wondering why you didn't take the gap trade on the NQ.... seemed to work...

Forum: Trading Journals

January 7th, 2011, 07:00 PM

Replies: 770

shodson's Trading Journal

Views: 184,945

Posted By Michael.H

I've mentioned this before.... I don't think...

I've mentioned this before.... I don't think using time charts are good when trading intraday, since by waiting 15 min, most of the move is already done..... Using lower time frames such as 5 min,...

Forum: Trading Journals

January 3rd, 2011, 01:50 PM

Replies: 770

shodson's Trading Journal

Views: 184,945

Posted By Michael.H

One thing i suggest is for you to do some stats...

One thing i suggest is for you to do some stats and see of all the indexes you trade, how many are the best performers.... I can bet you that the ES is better at gap fills than a trendy instrument...

Forum: Trading Journals

December 29th, 2010, 07:57 PM

Replies: 770

shodson's Trading Journal

Views: 184,945

Posted By Michael.H

I agree, one thing i have never seen is someone...

I agree, one thing i have never seen is someone show a DOM that wasn't sim, but a real account. I still don't understand why most don't do that.

In terms of just switching to ES or CL and do...

Forum: Trading Journals

December 29th, 2010, 04:57 PM

Replies: 770

shodson's Trading Journal

Views: 184,945

Posted By Michael.H

I think its more than 1%. I also think that...

I think its more than 1%.

I also think that most people who trade believe that you gotta do 10 round trips a day. I've said this before, in terms of risk reward, you only get 1-2 good trades a...

Showing results 1 to 8 of 8

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