Archive for the Emini futures Category

Back to losing… S&P emini trading… more frustration and stress

After my winning day on the live account, I'm down and out again. I had some errands to run for the other half and I came back today to see that the market had moved substantially already. I felt a bit annoyed that I had missed all this. I sold on a pullback to find that the move was more than a pullback and stop me out. Then I went long thinking that the market would go higher... well, it still looks like it wants to go higher but it stop me out before doing so. I've hit the limit for the da

January 18, 2008 No Comments Full Story

Day of reckoning – S&P emini trading – Head above water?

Day of reckoning - S&P emini trading - Head above water?

Today I came into the market nervous. I had emailed my trading mentor to discuss my trading and my recent losses. He said that in usual cases, it's a case of 3 losses and then you get relegated/demoted/beaten up or whatever you want to call it. I've already had 3 losing days and he gave me an extra lifeline.. I had to make it today else all the above, which, of course, put on the extra pressure. Anyway, from the chart you can see another set of arrows.. these blue arrows are the trades whichÂ

January 17, 2008 No Comments Full Story

3rd losing day in a row – S&P emini trading

3rd losing day in a row - S&P emini trading

Another losing day... I am starting to get quite frustrated. Relegation back to simulator is very close. I made two trades, shorted when it went fell through a support level at around 138000 but it shot straight back up to take out my loss. Then I went short again at 138100... this wasn't particularly good and really had no basis but I got desperate. Anyway, got stopped out again. Loss of -18.... sigh!!!

January 16, 2008 1 Comment Full Story

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