SPX

Sold 1/2 ES core long positions at 1199 (SPX 1203). Close enough to my SPX 1205 target.

Sold 1/2 ES core long positions at 1199 (SPX 1203). Close enough to my SPX 1205 target.

Very nice trade RS.



I just added 15% short es 1200.25= 65% total @1195.25 avg.

Sold 1/2 ES core long positions at 1199 (SPX 1203). Close enough to my SPX 1205 target.

Very nice trade RS.



I just added 15% short es 1200.25= 65% total @1195.25 avg.

Zoro. If we're going to get a pullback this is the area that's going to trigger the move. I like your odds here. Instead of shorting ES I put on a 30% short on oil this morning at 85.80.

Sold 1/2 ES core long positions at 1199 (SPX 1203). Close enough to my SPX 1205 target.

very nicely done raging...way to stay with your trade and execute.

Sold 1/2 ES core long positions at 1199 (SPX 1203). Close enough to my SPX 1205 target.

Very nice trade RS.



I just added 15% short es 1200.25= 65% total @1195.25 avg.

Zoro. If we're going to get a pullback this is the area that's going to trigger the move. I like your odds here. Instead of shorting ES I put on a 30% short on oil this morning at 85.80.

Congrats but there is no top yet.

Sold 1/2 ES core long positions at 1199 (SPX 1203). Close enough to my SPX 1205 target.

Very nice trade RS.



I just added 15% short es 1200.25= 65% total @1195.25 avg.

Zoro. If we're going to get a pullback this is the area that's going to trigger the move. I like your odds here. Instead of shorting ES I put on a 30% short on oil this morning at 85.80.

RS I been there welcome. I did not get my 89 on oil so I am just staying with the 50%. Lots of other coms out there.

Edited by zoropb, 14 April 2010 - 09:27 AM.

Sold 1/2 ES core long positions at 1199 (SPX 1203). Close enough to my SPX 1205 target.

Very nice trade RS.



I just added 15% short es 1200.25= 65% total @1195.25 avg.

You got a stop somewhere?

IT

Sold 1/2 ES core long positions at 1199 (SPX 1203). Close enough to my SPX 1205 target.

Very nice trade RS.



I just added 15% short es 1200.25= 65% total @1195.25 avg.

You got a stop somewhere?

IT

I am a bit fried had to claw my way both ways for a couple more 1197.

Since it is an IT trade I allow myself a little more room 1233 it is about my full position threshold based on 65% of what I am willing to use but it is moving as I improve the position. Example if I improve my position to 1200 at 65% it moves to 1238. It keeps me around a 2% loss max adjusting for position size also just in case if it escapes me. That is max for IT and st if the loss was triggered it would be 1%. With the dollar not under 80 yet that is why I did not go past 65%. I am thinking of just keeping that % for the IT and battling with the rest since this thing has had 9 lives. If it cracks then I will just use the balance in something else and do the same thing again. Also if I get another good low some where take off to 50% and ride the rest or battle one more time up.

Thinking we may see 89 now in oil after all. I got stopped 85.73. 1.68 between yesterday's pullback and me trading a little. oh the joy I will give it another go up to original 89 target.


IT why do you always ask me this when I am down a little never when I am killing it? I would think a trailing stop is just as important.

Starting to look like 1215-1219 and back to 1190 area or more.

Sold 1/2 ES core long positions at 1199 (SPX 1203). Close enough to my SPX 1205 target.

Very nice trade RS.



I just added 15% short es 1200.25= 65% total @1195.25 avg.

You got a stop somewhere?

IT

I am a bit fried had to claw my way both ways for a couple more 1197.

Since it is an IT trade I allow myself a little more room 1233 it is about my full position threshold based on 65% of what I am willing to use but it is moving as I improve the position. Example if I improve my position to 1200 at 65% it moves to 1238. It keeps me around a 2% loss max adjusting for position size also just in case if it escapes me. That is max for IT and st if the loss was triggered it would be 1%. With the dollar not under 80 yet that is why I did not go past 65%. I am thinking of just keeping that % for the IT and battling with the rest since this thing has had 9 lives. If it cracks then I will just use the balance in something else and do the same thing again. Also if I get another good low some where take off to 50% and ride the rest or battle one more time up.

Thinking we may see 89 now in oil after all. I got stopped 85.73. 1.68 between yesterday's pullback and me trading a little. oh the joy I will give it another go up to original 89 target.


IT why do you always ask me this when I am down a little never when I am killing it? I would think a trailing stop is just as important.

Starting to look like 1215-1219 and back to 1190 area or more.

You weren't down much this AM when I posted the question. At that point I wouldn't have had any idea how your trade was going to unfold. I just like to have a feel for what kind of trade it is. I don't think a trailing stop is very important on intraday trades...my opinion. What happens alot though is that guys post a trade, then if it goes against them we don't here any more about it one way or the other.

IT

Sold 1/2 ES core long positions at 1199 (SPX 1203). Close enough to my SPX 1205 target.

Very nice trade RS.



I just added 15% short es 1200.25= 65% total @1195.25 avg.

You got a stop somewhere?

IT

I am a bit fried had to claw my way both ways for a couple more 1197.

Since it is an IT trade I allow myself a little more room 1233 it is about my full position threshold based on 65% of what I am willing to use but it is moving as I improve the position. Example if I improve my position to 1200 at 65% it moves to 1238. It keeps me around a 2% loss max adjusting for position size also just in case if it escapes me. That is max for IT and st if the loss was triggered it would be 1%. With the dollar not under 80 yet that is why I did not go past 65%. I am thinking of just keeping that % for the IT and battling with the rest since this thing has had 9 lives. If it cracks then I will just use the balance in something else and do the same thing again. Also if I get another good low some where take off to 50% and ride the rest or battle one more time up.

Thinking we may see 89 now in oil after all. I got stopped 85.73. 1.68 between yesterday's pullback and me trading a little. oh the joy I will give it another go up to original 89 target.


IT why do you always ask me this when I am down a little never when I am killing it? I would think a trailing stop is just as important.

Starting to look like 1215-1219 and back to 1190 area or more.

You weren't down much this AM when I posted the question. At that point I wouldn't have had any idea how your trade was going to unfold. I just like to have a feel for what kind of trade it is. I don't think a trailing stop is very important on intraday trades...my opinion. What happens alot though is that guys post a trade, then if it goes against them we don't here any more about it one way or the other.

IT

Thats true they just go poof probably with a chunk of their bank.

forgot to mention trading it tonight also probably 4-7 points off peak. Maybe I pull 1.5 or so to the position. Tomorrow battle again. Got some nice trades coming in other stuff soon. Do you do any of the other coms. ? I forgot if you do.

Edited by zoropb, 14 April 2010 - 06:22 PM.