Starting the GFIs1 thread on futures.io (formerly BMT) 21st of february this year
the discussed trades result in a total of 269 points.
This is 6725 to date.
Not very important - showing some consistent positive
and steady movements to the positive - we can be
happy that trading a future is *not* gambling in the
1) we find patterns in prices that are *repeating* patterns
2) in viewing price moving under different circumstances
there are days where moves are *very* predictible (like yesterday)
3) looking at the downside - means stoploss - the previewed
settings are highly important to stay in the game but to
jump out of a trade that is going against us to protect the capital.
4) homework done: the statistical concentrate of daily high probabilities
as well as the SL settings are still true for the last 6 months (shown here)
as calculated for the last two years in this case.
5) most important: there are negative days! And not to little. Accept them!
This does not influence us to change the main rules.
*Collect* the positive running trades and cut the negative ones...
You will find tremendous hints on the last point here on futures.io (formerly BMT)!
Read them and - Stay tuned
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Dax from 13:00 to 13:30 was 98 points north.
More than 29K contracts were traded in these 30 minutes.
With a normal 150K day this is very unusual without
Anyway - the short foreseen for today is still valid -
only the stop loss settings were shortcutting this trade.
My rules are a preset for entry AND exit.
These are statistical "best results depending on a high probability window".
So if a trade is not hitting a SL or ending in a negative...
that trade will normally hit the highest probable ending within that
trade window. This means also to avoid unwanted moves here
when the US is starting... we will end in the positive.. (no target price set!)
quite a chewing gum fun right now...
The following user says Thank You to GFIs1 for this post: