Looking back to the GFIs1 trades twittered this year and discussed here on futures.io (formerly BMT) since mid february
I like to show a plot of the total weekly trading results.
We arrived yesterday at 513 points net since january. This means around net 12500 EUR after deduction
of commission. For one DAX car paying around 6200 EUR this is a net gain of 200% in four months/car.*
Do you look for more percentage using discretionary trading?
Discussion:
The beginning weeks of 2012 contained everything from trend-up, confluence and trend-down.
Even there are some negative weeks we see a stable up-trend which gives a consistent gain (ROI).
Happy gains!
GFIs1
*past gains do not mean to be calculated for future gains
The following 6 users say Thank You to GFIs1 for this post:
After writing more than 2 months a daily journal about my DAX trades I will end the
daily reporting on futures.io (formerly BMT) in this thread by end of this month.
Will concentrate more on the bigger picture and save some precious time as my system
works almost automated.
In the "Tomorrow's Trade" there will be some outlook on probable moves in the DAX
for the next day's - with charts. Texts to underline my thougts I can write in the evening.
In this journal I will post from time to time an update on the system's results if desired.
Hope the insight was helping in some points.
We have seen a high (slightly above resistance of 6652) @ 6656 which is the Low Volume Node (LVN)
of the profile.
Next down points on the down move is 6535 which was already reached Monday and yesterday.
So looking to see 6466 soon. (Second support)
don't you move your stops at least to break-even during a trade??
I don't!
There is noise...
there are imponderabilities...
THERE are RULES...
Rules let develop a trade - this means to avoid noise interfere with moving stops
set to Break-Even...
My stops are set to prevent loss from a false trade when the market is against me.
As long as entry time and exit time follow the rules and stops were not touched -
I expect a WINNING trade.
There is no need to really follow the trade when the rules were ignited - so
patience brings some winning points or at the max the stop was triggered.
