What happened if I just purely held long positions? (I can't sleep well. LOL). I still have ES that I got at 1423.
By the way, please do't just look at PL. I've spent countless hours doing the researches and backtests. Here are some exmples:
I had used all of indicators in the past.
I programmed the systems to buy/sell.
I read a lot of books including Al Brooks's books (haha, I have to give myself credit on this one. It was so hard to read!)
I went to LBRGroup for couple months.
Anyway, you name it, I might have tried it.
Now I came up with my own style of trading. So far it is working.
Have a nice weekend.
For someone who doesn't "day-trade", your PnL's are now rivaling my top weeks/months to date....hmmmmm! I got some competition! ;-)
ReplyDeleteVery nice use of hedging and managing your position.
I can tell you think like an engineer - I had to go though all the indicators in the past to try them out too as I worked on developing my own system. =)
Once you have a system that you developed and works for you, it's easier to sharpen and improve on it as you get more familiar with it.
How did you like LBRGroup?
I could relate with Al Brooks since I developed my own distinct set of market behavior and pattern names like he did- a true trader's book. :)
hey, dude. I longed at 1426 and sold 1425 calls. I closed that ES at 1436 and left 1425 call running for one extra day(mistake). I let $100 lost grow into $1400 loss before I closed it. Otherwise I would have made more.
ReplyDeleteLBRGroup was ok. I was very talkative when I was there. I pretty much knew what they talked about.