Ive done this before here and think ill do it again.
Im an emini sp 500 trader and im going to list my trades in this thread and explain it as i go..
unfortunately i dont have alot of time today and i wont be able to do this in real time (at least not daily) but what im trading right now is an automated system that ive developed.
i enter off 13pt moves or more, alternating between BUYS and SELLS....
you can look these trades up with a chart and ill explain them in detail, when i have time.
im going to back track to yesterday and list the trades... this will make the starting of this thread right after the 4th of July...
currently i trade 3 contracts but for this thread to keep it simple, ill be using only 1 in the examples...
im doing this to merely strike up conversation and perhaps teach someone else to trade the emini sp 500 market...
please feel free to ask me any questions or to google (Emini SP 500) to learn more about this market and how to trade it...
Lets begin with yesterday (tuesday July 6th) and the resumption of trading, after the 4th of July holiday... that is a good place to begin..
1. short 1 esu10 at 1025.50, profit target at 1018.50, trailing stoploss order initially at 1038.50...
result of trade (+7pts) (+$350) as each point is worth $50 per contract traded...
the market cruised to a high of 1038.50 and then began to drop, my automatic system was trailing a sellstop 13pts behind the move for entry... so when it turned and dropped, i was filled Short at 1025.50... the trade actually lasted a couple of hours but i took my automated 7pts of profit at 1018.50....
so this was a winning trade and can be found by looking at any chart from yesterday, an intra day chart...
the market then proceeds to keep dropping to 1013.50 before stopping.. and turning around...
now with my automated system, i am trailing a BuyStop order to enter Long 13pts above the low....
why a BUYstop and entry Long,,,,,, i simply alternate from Short to Long for each trade...
well low and behold, we get a rally and the market fills me Long this morning at 1026.50...
so trade 2 since the holiday break, looks like this...
2. Long 1 esu10 at 1026.50, profit target at 1033.50 (7pts), with an intial stoploss reverse order at 1013.50... entry was made at about 9 am cst and trade lasted just a short while as profit target was hit...
so the results so far, for this journal since the 4th of July..
ES 13/7 system: 2-0 (+14pts) (+$700)
not a bad start and remember im trading 3 but for the simplicity of this thread, ill write in terms of 1 contract only...
currently im sitting on the sidelines and waiting for trade #3, which will be a short, exactly 13pts from the high of this move... Current high is 1041.75, so i have an order to sell at 1028.75 (exactly 13pts from high of move), if market keeps moving higher, then ill continue to trail the sellstop for entry into trade #3...
we are almost in the dog days of summer, with only baseball going, so i decided to post my trading journal for a while, using my (13/7 system)...
unfortunatly ill be out today but if you have questions about trading the Emini sp 500 market, ill be glad to answer them as soon as i am able...
ill also post trade #3 as soon as i can....
Joe Latti, please email me when you can.... we can talk a little trading... maybe you can post trade #3 for me, when i get hit.... my system works around the clock and im away often but do check in and out...
SSI
Im an emini sp 500 trader and im going to list my trades in this thread and explain it as i go..
unfortunately i dont have alot of time today and i wont be able to do this in real time (at least not daily) but what im trading right now is an automated system that ive developed.
i enter off 13pt moves or more, alternating between BUYS and SELLS....
you can look these trades up with a chart and ill explain them in detail, when i have time.
im going to back track to yesterday and list the trades... this will make the starting of this thread right after the 4th of July...
currently i trade 3 contracts but for this thread to keep it simple, ill be using only 1 in the examples...
im doing this to merely strike up conversation and perhaps teach someone else to trade the emini sp 500 market...
please feel free to ask me any questions or to google (Emini SP 500) to learn more about this market and how to trade it...
Lets begin with yesterday (tuesday July 6th) and the resumption of trading, after the 4th of July holiday... that is a good place to begin..
1. short 1 esu10 at 1025.50, profit target at 1018.50, trailing stoploss order initially at 1038.50...
result of trade (+7pts) (+$350) as each point is worth $50 per contract traded...
the market cruised to a high of 1038.50 and then began to drop, my automatic system was trailing a sellstop 13pts behind the move for entry... so when it turned and dropped, i was filled Short at 1025.50... the trade actually lasted a couple of hours but i took my automated 7pts of profit at 1018.50....
so this was a winning trade and can be found by looking at any chart from yesterday, an intra day chart...
the market then proceeds to keep dropping to 1013.50 before stopping.. and turning around...
now with my automated system, i am trailing a BuyStop order to enter Long 13pts above the low....
why a BUYstop and entry Long,,,,,, i simply alternate from Short to Long for each trade...
well low and behold, we get a rally and the market fills me Long this morning at 1026.50...
so trade 2 since the holiday break, looks like this...
2. Long 1 esu10 at 1026.50, profit target at 1033.50 (7pts), with an intial stoploss reverse order at 1013.50... entry was made at about 9 am cst and trade lasted just a short while as profit target was hit...
so the results so far, for this journal since the 4th of July..
ES 13/7 system: 2-0 (+14pts) (+$700)
not a bad start and remember im trading 3 but for the simplicity of this thread, ill write in terms of 1 contract only...
currently im sitting on the sidelines and waiting for trade #3, which will be a short, exactly 13pts from the high of this move... Current high is 1041.75, so i have an order to sell at 1028.75 (exactly 13pts from high of move), if market keeps moving higher, then ill continue to trail the sellstop for entry into trade #3...
we are almost in the dog days of summer, with only baseball going, so i decided to post my trading journal for a while, using my (13/7 system)...
unfortunatly ill be out today but if you have questions about trading the Emini sp 500 market, ill be glad to answer them as soon as i am able...
ill also post trade #3 as soon as i can....
Joe Latti, please email me when you can.... we can talk a little trading... maybe you can post trade #3 for me, when i get hit.... my system works around the clock and im away often but do check in and out...
SSI
