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Day Trading Futures

I'm looking at an extremely bearish market more so than the last 2 weeks so I'm happy to let me shorts run against me to -10 as I beleive I will end up with a profit.

Admirable that you post your trades but i am at a loss to understand why you are prepared to sacrifice 10 points on a losing trade yet limit yourself to 4 on a winning trade, especially if you're so bearish.

I guess you have a lot of confidence in your ability to get a high percentage of trades right but i can't help thinking of the phrase 'picking up nickels in front of a bulldozer.'

Still if it works for you.....

Good trades.


ice
 
Well we are all going to find out if it works...

If you have been following the thread you'll see most of my lossed are around 3-5 points
10 is my hard stop,and yes I do get a lot of high percentage winning trades.

Thanks for the input.
 

I am actually considering taking half off at my profit targrt of 4 points then running the balance...not their yet but am giving serious thought.
 
We have moved above the 4512 area so I'm less bearish.
Looking for buy and sell signals now rather then sell only.
 
Won't be at my desk this morning
May be back in the pm to trade.

The 4512 level is key.
 
The Spi has been unable to hold above 4512.
This to me is bearish and I will be selling rallies.
 
ok so I've been through the thread and added everything up.

You're approx. -7.5% since starting.
 
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