SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: SE who wrote (28349)7/21/1999 3:59:00 PM
From: Gary E  Respond to of 44573
 
I suppose you want todays screwups

Covered the 5 open from yesterday @ 92.50...0 pts
Sold 2 @ 85.75.......stoped @ 88.25..........-5
Sold 2 @ 84.50.......covered @ 85.50.........-2

Total..........I screwed up the day



To: SE who wrote (28349)7/21/1999 4:22:00 PM
From: Nemer  Read Replies (1) | Respond to of 44573
 
Nemer Trades Wednesday

long 2 at 1390.75 -- out at 1394.25 -- points 7
long 2 at 1387 -- out at 1388.50 -- points 3
short 2 at 1388 -- out at 1383.50 -- points 9

total trades 3
total contracts 6
total fees 6
total points 19

Scooter, lil bud ....
NOW COMES THE GOOD PART .....

set up trades

long 10 at 81 -- out at 85 -- points 40
short 10 at 85 -- out at 83 -- points 20
long 10 at 83 -- out at 86 -- points 30
short 10 at 86 -- out at 84 -- points 20
long 10 at 84 -- stopped out at 82 -- points minus20
SARed to short 10 at 82 -- stopped out at 84 -- points minus 20
SARed to long 10 at 84 -- out at 88 -- points 40
short 10 at 88 -- out at 86 -- points 20
long 10 at 86 close at 8 minutes before mkt close -- out at 86 -- points 0

total positive points 170
total minus points 40
total fees points 90
total profit 40 points ....

I think scalping and beans are easier than this positioning ......

Let me see .... 10 contracts times $5k per for maint and margin (day trades MOC, no overnights) comes to $ 50k tied up and risked to make 40 points times $50 equals $2K .... that makes 4%ROI for today.

now on the scalping ...
2 contracts times $5k and 13 point times $50 equals $10k tied up to make $650 equals 6.5%ROI for today .....

I'm sticking to scalping .......GGGG