FGBM 06-13 (5 Min) 3_11_2013
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Monday, March 11, 2013
March 11, 2013
Took a much needed Friday off and manage to do ok on a slow day today. Missed the big move but was able to scalp a few. Decided to focus just on the Eurex for now.
FGBM 06-13 (5 Min) 3_11_2013
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FGBM 06-13 (5 Min) 3_11_2013
March 7th, 2013
Hit my daily loss limit today. Was feeling frustrated by other crap and probably should not have traded in the first place. First trade in the bobl was not properly planned and 2nd was a revenge trade both lost money. Became extremely tired with a headache and traded the ZN in the evening with same result. Worst trading day so far.
FGBM
ZN
FGBM
ZN
Wednesday, March 6, 2013
March 6th, 2013
Rollover day in the German Treasuries so I kept out of it.
Heres a trade in the ZN. The idea is to sell 075 for a snap back to the profile range. Got shaken out easily.
Price eventually got to my original target at 060 without touching back my price 15 minutes after my exit.
Bad trade example, clearly have no clear exit strategy.
Heres a trade in the ZN. The idea is to sell 075 for a snap back to the profile range. Got shaken out easily.
Price eventually got to my original target at 060 without touching back my price 15 minutes after my exit.
Bad trade example, clearly have no clear exit strategy.
Tuesday, March 5, 2013
March 5th, 2013
FGBM
Going with the Trend Trade
FGBM has been trading down since the open. The idea is to short on a pullback and go with the trend.
Should have been more patient and waited for a better price. I knew it was a bad trade when I saw big green prints but I hesitated and took a 2 tick loss when I could have gotten out for a 1 tick loss. The price hovered at a 3 tick range after my exit.
FGBM trading in a tight range this morning. Recorded a trade to try out Camtasia.
Scalp trade in narrow ranging market.
The automated stoploss is to prevent a catastrophic loss. I usually stop loss manually. I changed the target from 3 to 2 ticks because based on the market the previous day it was moving too slowly and too much chop so 2 ticks seemed more likely.
The price eventually went to my 2 tick target but not before if came back to my price so I settled for a 1 tick winner.
Going with the Trend Trade
FGBM has been trading down since the open. The idea is to short on a pullback and go with the trend.
Should have been more patient and waited for a better price. I knew it was a bad trade when I saw big green prints but I hesitated and took a 2 tick loss when I could have gotten out for a 1 tick loss. The price hovered at a 3 tick range after my exit.
FGBM trading in a tight range this morning. Recorded a trade to try out Camtasia.
Scalp trade in narrow ranging market.
The automated stoploss is to prevent a catastrophic loss. I usually stop loss manually. I changed the target from 3 to 2 ticks because based on the market the previous day it was moving too slowly and too much chop so 2 ticks seemed more likely.
The price eventually went to my 2 tick target but not before if came back to my price so I settled for a 1 tick winner.
Monday, March 4, 2013
March 4th, 2013
Real choppy market in the German Treasuries. Got lucky and managed to turn a few 1 tick winners.
Choppy action today on the ZN as well, 3 trades, 2 scratches and 1 for a 1 tick loss.
Made enough to pay for commissions today. Capital preservation is my first priority and to that end its not a bad day but for the amount I risked trading like this is a sure way to the poor house.
Choppy action today on the ZN as well, 3 trades, 2 scratches and 1 for a 1 tick loss.
Made enough to pay for commissions today. Capital preservation is my first priority and to that end its not a bad day but for the amount I risked trading like this is a sure way to the poor house.
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