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GFIs1 1 DAX trade per day journal


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GFIs1 1 DAX trade per day journal

  #1141 (permalink)
 GFIs1 
who cares
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CPRICE76 View Post
Just a quick question- why move the stop to 30 points? I thought the rule was 15 point stop??


Thanks

Colin

Hi Colin

My normal stops are at 30 points - just to be out of noise.
If the situation gives a tight stop - that can be 8 or 15 points.
Such is the case when in the morning the signal is "thin".

Good trades
GFIs1

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  #1142 (permalink)
CPRICE76
LONDON
 
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GFIs1 View Post
Hi Colin

My normal stops are at 30 points - just to be out of noise.
If the situation gives a tight stop - that can be 8 or 15 points.
Such is the case when in the morning the signal is "thin".

Good trades
GFIs1

Ok thanks.I generally run a system similar to yours, but I always use a hard stop of 12 points regardless.

Thanks again!

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  #1143 (permalink)
 GFIs1 
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Reducing to the max:

Looking at my weekday statistic over the last 2 years - wednesday shorts taken (>90% of the time)
gave the highest payback
It was over 35% of all gains of the week.
There is a possibility to play this game ONLY on wednesday's but with a bit more risk.

Was just thinking loud.
GFIs1

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  #1144 (permalink)
 GFIs1 
who cares
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GFIs1 View Post
Reducing to the max:
Looking at my weekday statistic over the last 2 years - wednesday shorts taken (>90% of the time)
gave the highest payback

GFIs1

For the UK spread betters there are many companies offering a bet on higher / lower price of an index
from entry to end of day.
Looking at that mentioned result - plus the wednesday short strategy one could only bet with higher
leverage on such a wednesday daily bet - and surely win:
this would reduce even more to the max. YES!! thanks boys and girl for the THANKS

GFIs1

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  #1145 (permalink)
 GFIs1 
who cares
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This leads to the ultimate winning indicator:

GFIs1's ONE trade per week INDY ;-)

No need to have a chart package - no need to download any indicator - no need to sit
in front of the screen all day long:

Just hop in on Wednesday to take your short in time.

GFIs1

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  #1146 (permalink)
 
Daytrader999's Avatar
 Daytrader999 
Ilsede, Germany
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GFIs1 View Post
This leads to the ultimate winning indicator:

GFIs1's ONE trade per week INDY ;-)

No need to have a chart package - no need to download any indicator - no need to sit
in front of the screen all day long:

Just hop in on Wednesday to take your short in time.

GFIs1

...I'm just missing the download link...

And BTW...I think you'll get a VERY nice profit from today's trade...

"If you don't design your own life plan, chances are you'll fall into someone else's plan. And guess what they have planned for you? Not much." - Jim Rohn
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  #1147 (permalink)
 ChannelTrader 
Belgium
 
Experience: Intermediate
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there is a saying among traders "never go short on a tuesday"

as of now you can add "but always on wednesday" ;-)

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  #1148 (permalink)
 sixtyseven 
Golden Bay, New Zealand
 
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GFIs1 View Post
This leads to the ultimate winning indicator:

GFIs1's ONE trade per week INDY ;-)

No need to have a chart package - no need to download any indicator - no need to sit
in front of the screen all day long:

Just hop in on Wednesday to take your short in time.

GFIs1

Your filters and SL ARE the secret sauce.

Going SHORT from 0930 to 1300 every Wed from 2009 with no stops would have netted you around minus 600 points (meaning losing!). All according to my quick knock up excel sheet anyways. 135 of the 260 trade days the Wed price was higher at 1300.


Quick Edit: - Although in 2012 and 2013 the SHORT play would have won you 200 points (all without stops etc)

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  #1149 (permalink)
 GFIs1 
who cares
Legendary Market Wizard
 
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Trading: forget about it
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Daytrader999 View Post
...I'm just missing the download link...

The missing link.. Goes here:
You contribute 4 elite memberships to the new created futures.io (formerly BMT) Fund for Poor Traders (futures.io (formerly BMT) FfPT).
A poor trader has to proof to have busted the account once to get elite membership for free then.
In return you (the contributor) get a free ONE year profit eMail for your weekly wednesday trade.
This letter is of course sent only once. The easy to read proposition will state "GO SHORT!" 50x

Happy wednesday trading
GFIs1

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  #1150 (permalink)
 GFIs1 
who cares
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sixtyseven View Post
Your filters and SL ARE the secret sauce.

Going SHORT from 0930 to 1300 every Wed from 2009 with no stops would have netted you around minus 700 points (meaning losing!). All according to my quick knock up excel sheet anyways. 190 of the 360 trade days the Wed price was higher at 1300.


Quick Edit: - Although in 2012 and 2013 the SHORT play would have won you 200 points (all without stops etc)

May you quickly ask your excel sheet how entering on wednesday 09:00 short and holding til' EOD had brought 2009 to now? Just to see the spread bet wins...
Thanks for your help.

GFIs1

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