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sold ES @ 1486


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#1 A-ha

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Posted 13 September 2007 - 11:05 AM

for 9 pnts ...


http://www.traders-t...?...c=75808&hl=

#2 atlasshrugged

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Posted 13 September 2007 - 11:29 AM

you held those for a 40 decline?????

#3 A-ha

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Posted 13 September 2007 - 11:33 AM

yes ... 36 to be exact it was a day trading position unlike the ones i am opening now

#4 NAV

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Posted 13 September 2007 - 11:37 AM

I woudn't try this at home. 35 point drawdown for 9 points profit. :D. How do you establish risk ?

"It's not the knowing that is difficult, but the doing"

 

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#5 atlasshrugged

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Posted 13 September 2007 - 11:38 AM

yes ... 36 to be exact
it was a day trading position unlike the ones i am opening now


i appreciate your honesty! I am surprised as it doesnt seem like you would let a loss get that large..even though in the end it worked out

#6 A-ha

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Posted 13 September 2007 - 11:43 AM

I woudn't try this at home. 35 point drawdown for 9 points profit. :D. How do you establish risk ?



after making 260 ES points in august, 35 points on a day trade position didnt even feel itchy ...

honestly, there were even days i forgot i had that position ...i was waiting for today to make a plunge... i noticed i had an open position to close :lol:

#7 NAV

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Posted 13 September 2007 - 11:51 AM

I woudn't try this at home. 35 point drawdown for 9 points profit. :D. How do you establish risk ?



after making 260 ES points in august, 35 points on a day trade position didnt even feel itchy ...

honestly, there were even days i forgot i had that position ...i was waiting for today to make a plunge... i noticed i had an open position to close :lol:


Let me understand. If you are saying that the position size was negligable, then it makes sense. But if you are saying that your position size was large and 35 points was neglible, it doesn't.

"It's not the knowing that is difficult, but the doing"

 

https://twitter.com/Trader_NAV

 

 


#8 atlasshrugged

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Posted 13 September 2007 - 11:58 AM

I woudn't try this at home. 35 point drawdown for 9 points profit. :D. How do you establish risk ?



after making 260 ES points in august, 35 points on a day trade position didnt even feel itchy ...

honestly, there were even days i forgot i had that position ...i was waiting for today to make a plunge... i noticed i had an open position to close :lol:



260 POINTS!!! as Roger Doger would say " you should consider getting into the business!"

#9 A-ha

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Posted 13 September 2007 - 12:03 PM

i will think about it ... do you know any place to start with :D

Edited by A-ha, 13 September 2007 - 12:03 PM.


#10 DraggdOut

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Posted 13 September 2007 - 12:08 PM

I hear there's this one really solid fund company out in San Fran...