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... ALL negative (-33 - 14 - 33)
total weekly result: minus 80 points (you still can see the trades on Twitter though)
Total points since first week 2013: plus 686
Conclusion
Looks like a bit out of rail this week - but:
in fact I followed the wrong rule on wednesday - the right one (which was there for the
non blind) would have given +52 points instead of -14...
but taking a trade is taking a trade..
Today (Friday) the situation was clear concerning the rules - only the volume was
very low since two weeks. So the turning point reached already after 10 minutes of IB instead
of normally 30 minutes.
We can learn that
1) with low vol trades might be more shaky
2) the risk seems higher - so one should minimize the SL settings to keep out of trouble
3) if situation is not clear - stay @ the sidelines... (go to the beach)
In my case - warnings were there - it was leading to some nifty refinement of the rules!
Hi @GFIs1, just stopping by to say hello and wish you well, I like your new rule!
I made a rule many years ago that late July and whole of August are often only good for tools such as hammer, chisel, screwdriver and saw and using wood, bricks, mortar, screws and nails! Hence my head is refreshed and my body now destroyed but I am fit once more and looking forward to resumption of more useful trading later in the year when technical market behaviour should re-establish.
Best Wishes for the summer doldrums! (same every year in my experience)
Since I am only trading Monday, Wednesday and Friday - today is no option ;-)
There are of course some exceptions - especially holidays and last of a month
which are moving my trading days.
Looking forward to a nice short tomorrow though.
Today the initial volume of 7K was reached @ 09:30 - but
hmmm...
the volume after 4h of tradingtime (13:15h) did not reach 28'000 contracts
and
the range intraday rested within 37 points
..so - staying at the sidelines during thin markets is not false
(normal contracts traded at this hour: >55K and range around 80:100 points
-just to compare)
