yale student

[aliassmith]

you are also trading the es!?

1/2 pts./day
you mean 4/8 ticks or 1/2 ticks?

I'm guessing 4 to 8 ticks.

[paweldobkowski]

I'm guessing 4 to 8 ticks.

it was a stupid question on my part
i just got carried away that dc is cliiping 500 lots looking for 1 tick a day


i mean he might still be clipping 500 lots

[paweldobkowski]

?

one day of not posting and everything seems to be working fine again

no logging out

[dchappy]

Yes . 15 or 20 pts/month is plenty for me ..but no my normal size is 10 lots .

[aliassmith]

?

one day of not posting and everything seems to be working fine again

no logging out

Maybe you was posting too much and it thinks you was spamming.

[aliassmith]

Yes . 15 or 20 pts/month is plenty for me ..but no my normal size is 10 lots .

I target $100+ a day per contract. Sometimes that happens in 15 minutes so I keep going.
I feel that is a reasonable target and I don't need to try to get ever market turn.

[paweldobkowski]

Maybe you was posting too much and it thinks you was spamming.

i guess that indeed was the case
you guys were right all along

its so nice now
SO NICE
i stay logged in all day
every time i want to post i just pop in and post
its good to experience the poverty to appreciate what you have


on my bigger frames trading
where i feel comfortable
i trade little bigger
nothing crazy tho
i trade every time i see the opportunity
so i have no fixed daily goal in my head

scalping here i sticked with 1 or 2 lots
maybe once or twice i went with 4 (once by mistake )

@dc
10 lots is a HEALTHY amount
you plan to increase that over time or just stick with that size and go for more points?
i mean
if you even plan to go for more

@alias
$100+ per contract?
what do you mean?
per market you trade?

[aliassmith]

Maybe you was posting too much and it thinks you was spamming.

i guess that indeed was the case
you guys were right all along

its so nice now
SO NICE
i stay logged in all day
every time i want to post i just pop in and post
its good to experience the poverty to appreciate what you have


on my bigger frames trading
where i feel comfortable
i trade little bigger
nothing crazy tho
i trade every time i see the opportunity
so i have no fixed daily goal in my head

scalping here i sticked with 1 or 2 lots
maybe once or twice i went with 4 (once by mistake )

@dc
10 lots is a HEALTHY amount
you plan to increase that over time or just stick with that size and go for more points?
i mean
if you even plan to go for more

@alias
$100+ per contract?
what do you mean?
per market you trade?

Let's say you are trading 1 single contract. My goal would be $100+/day. Now whatever contract size I use I would multiply it by $100 to get my daily goal. So 20 contracts would be $2000/day.

It doesn't always work like that since I am a trade-aholic it can be double or triple that. Just like you see Lem getting 30+ ticks a day.

I am thinking about implementing an old idea of profit cushion. I was considering trading the FDAX smallish to build up a profit cushion. I would then trade 50% to 100% larger on the ES depending on the cushion size.

[paweldobkowski]

Let's say you are trading 1 single contract. My goal would be $100+/day. Now whatever contract size I use I would multiply it by $100 to get my daily goal. So 20 contracts would be $2000/day.

It doesn't always work like that since I am a trade-aholic it can be double or triple that. Just like you see Lem getting 30+ ticks a day.

got you!
thanks

I am thinking about implementing an old idea of profit cushion. I was considering trading the FDAX smallish to build up a profit cushion. I would then trade 50% to 100% larger on the ES depending on the cushion size.

i used to trade the profit cushion also
its a great principle of pushing the winners
but its too frustrating for me when it goes wrong


____
i got myself NYMEX datafeed and traded Crude Oil whole day today
had so much fun
such a volatile market
perfect for small size scalping
much easier to read the order flow

i remember when i spoke with es/pip years ago in dms
he recommended CL for me
but i sticked with eurofx and es since it was working
i came around today

____
my three last trades of the day

EUROFX:


+36
ticksize is small since they intorduced the half ticks



+10

also got +20 in crude
but closed before i got the screenshot


VEEEERY SOLID day
traded for almost 13 hours
with a little nap somewhere in the middle

thanks to that CL time flew by!
i need to close the shop

see you tomorrow guys!

[aliassmith]

Let's say you are trading 1 single contract. My goal would be $100+/day. Now whatever contract size I use I would multiply it by $100 to get my daily goal. So 20 contracts would be $2000/day.

It doesn't always work like that since I am a trade-aholic it can be double or triple that. Just like you see Lem getting 30+ ticks a day.

got you!
thanks

I am thinking about implementing an old idea of profit cushion. I was considering trading the FDAX smallish to build up a profit cushion. I would then trade 50% to 100% larger on the ES depending on the cushion size.

i used to trade the profit cushion also
its a great principle of pushing the winners
but its too frustrating for me when it goes wrong


____
i got myself NYMEX datafeed and traded Crude Oil whole day today
had so much fun
such a volatile market
perfect for small size scalping
much easier to read the order flow

i remember when i spoke with es/pip years ago in dms
he recommended CL for me
but i sticked with eurofx and es since it was working
i came around today

____
my three last trades of the day

EUROFX:


+36
ticksize is small since they intorduced the half ticks



+10

also got +20 in crude
but closed before i got the screenshot


VEEEERY SOLID day
traded for almost 13 hours
with a little nap somewhere in the middle

thanks to that CL time flew by!
i need to close the shop

see you tomorrow guys!

I agree I like how CL moves