Once you've set your target limit order for trade entry, don't mess around with it. Leave it alone unless you want to cancel the trade.(6 April 2011)
Check all the time estimates before entering the order. (6 April 2011)
Missed o/n trades by 2 ticks and by 1 tick. Put order a little lower. e.g. 0.50 from estimate. (13May2011)
For CL wait for it to turn down from resistance(11 May 2011)
Don't trade if you have missed the FE of the day
If 80% of the range is covered in the opening time window - do not expect an intraday change in trend (24 Jan 2012)
In the posts below the first few refer to a location at doesn't exist anymore. Jump to post #24
previous signature lines "and you might strike it rich and get away to a tropical paradise" - Homer becomes a missionary episode.
-the funny part is that they are already in a tropical paradise. How many times in life do we miss we are already there if only we could see it?
"It is the mystery of the dance" - Lisa puts her tap shoes on episode.
In the romantic movie Lisa watches with her mom at the the beginning of the episode, the Latin dancer lead has chosen to dance with plain-Jane from a line of ladies waiting to dance for the Tango del Morte. She is instantly transformed into a breath-taking beauty and dances marvelously with the male lead. At the end of the dance he says "You are now bearing my child."
- "but how?" "It is the mystery of the dance" To me it epitomizes the illogical non-nonsensical clap-trap statements many will accept without question. "It doesn't matter how you enter the trade - with good money management any trade is profitable. Set tight stops and take small losses and large profits - ahhh.. OK.
------------------------------------ Look for God everywhere.
Find Him in places unexpected.
Love is in your heart,
Joy is your Life. -robert neils
----------------- I am a magnet for all good. I accept that which is mine.
------------- May the Joy that is God's heart fill yours.-Robert Neils
Last edited by aquarian1; November 28th, 2014 at 04:53 PM.
Though I meant February 2 in yesterday's post I typed it so it will stand as an error.In any case I'm thinking there may be some surprises for the bulls tomorrow Feb 2- just a theory.We'll see. I will try to be unbiased tomorrow morning, as I should be every day.
I feel the action in the S&P500 perhaps has some warning of a sharp correction.
The lack of commentary on the big down plunge last Friday was interesting.
However, the market grinds higher and higher with a high of 1308.25 and a close of 1307.50 on the ES for Friday 4 Feb, 2011. I was hoping to do a weekend review -but it's past my bedtime.
My priorities are:
1. get more rest
2. work less hours and if I can find the time get in one walk each evening.
3. even less hours and start back at the gym.
Blessings and good health to you all - may the year of the Rabbit be good to you!
Tomorrow = Monday 7 Feb 2011 Est high 1309.75
est low 1300.
est range 9.75
(adj h/l by difference from close to open tomorrow am)