Updating My Scalping Setups ( Day Trading ) 2012/04/22

I noticed that I have not updated my setups page in forever. I am  basically still using GeeBee ( although I don’t give it a name anymore ) but i has improved significantly over the years and I have added and removed things from the setup. I will have to go through and update my [...]

Interview with Annie Duke, Professional Poker Player 2012/04/17

Great interview. I see so many things in poker that I see in trading. Take a watch, it is about 20m long.

Trade or Do Not Trade. There is No Try. 2012/04/13

I have noticed that I trade best when I do not “Try” to trade. I just trade. This was strange, because the times when I trade live to just trade well, I do much better. I am calm, I am not nervous to get into a trade. Last night was a big move up and [...]

It Sucks to Scalp Futures on a Huge Down Day 2012/04/11

The S&P500 fell 1.71 % yesterday. These are the days that are made for trend followers. Being a scalper is a hard thing on a day like this. I made one trade on a pull back, and I ended up scratching it , just paying the vig commission. A few minutes after that, I got [...]

Sitting Out Monday 2012/03/27

I never liked trading Mondays. Monday mornings and Friday afternoons have always been “not good” for   me. I think most of the market is getting started late or taking off for the weekend early. This Monday had the Pending Home sale report and Dallas Fed Survey. The Pending home sales would move the market [...]

Two And Done…. At a Loss 2012/03/13

Started out in with a 8 ticks loss, which was a bummer, but I came back. The second trade, I jumped out at 3 ticks, right at around 808.5 when it started getting “noisy”. Since it was a counter trend trade, I like to jump out quicker. Waited around for a re-entry short but did [...]

First Rule of Auto Trading is Walk Forward Testing 2012/03/03

Well, the first rule really should be to make money, but you get the idea. I was testing an auto scalping strategy ( I am a scalper after all ), and things started to go haywire. It was entering orders and then re-entering them immediately after it hit my ‘Hindenburg Stop”. Luckily I was still [...]

Why Does My Blog Look Like This 2012/02/23

I think I started this way because I like the simple one page design. Now I like it because it look good on mobile devices. Really I think more and more people use iPhones and iPads to get on the web. Regular webpages suck on mobile devices. Really they do. So this theme almost looks [...]

Three Trades in the Beans ( ZS ) Today 2012/02/22

Was sitting watching the bonds and took a look at my old friend the beans, as in Soybeans. I hadn’t traded them in a while, so I went and took a look. The first trade was a technical entry that cost me four ticks. I entered technically, but exited by tape reading. The second trade [...]

Never Trade Before a Three Day Weekend 2012/02/20

I really do not think it is worth it. We just had a three day weekend here, and Friday was not the best day to trade. Fridays is the US are always crappy unless there is some news keeping traders at their desks. Europe and japan are already closed by the afternoon on Friday in [...]

6J Yen Trading Back to Normal 2012/02/16

It has been a horrible first month of the year for me. The volatility was has been horrible. But last week, I think we started getting tradable (is tradable a word ?) volatility. It has held up so far and the Greek thing is … well …. Greek. It should not have a effect on [...]

TradeWithTheFlow .. Great Blog 2012/02/14

One of the few traders that post their actual results. And American living in France. It is a good read. http://www.tradewiththeflow.com

Japan Grinding Lower 2012/02/10

By Japan , I mean the Yen. It was a boring day in the Yen. It peaked yesterday at 0.013040 and has been grinding down constantly. I don’t think it was a reaction to Greece or anything. It was an uncharacteristically smooth decline. I like the trend, but I only had one pullback to enter. [...]

Small Day, Small Ball 2011/06/15

I am never getting enough time to trade. I am always busy at the open or close also. Just one trade today and then I was busy again. I really need to try to find a quieter time to trade. This trade was a short at the end of down trend. It got hairy and [...]

Glad To Be Back, and I Made Money 2011/06/13

Today was a typical day in trading. I was trading and something in my personal life got me out of the zone so to speak. Trading distracted is no way to trade, so better to walk away which is what I did after two trades. These trades were in my smaller account on a different [...]

Short Day, Small Loss and Limit Orders 2011/06/10

One loss ( 4 ticks ) and out. The dangers of a limit order entry. I normally enter on limit orders. I set my orders and the market jumped ( actually past my target ) and then back to take out my limit entry and straight to my stop loss order. That is a problem [...]

On Hiatus 2009/10/28

I am taking time off from blogging. Things are going well. My life has been very busy lately so I also took time off from trading for a while. Anyway, I am trading again, but I am doing well. Just nice boring trading. And thus, not much to blog about. SO check out Dt233′s blog. [...]

Where Did All The Volume Go ? 2009/09/05

I think a lot of people decided to make a three day weekend into a four day weekend. I am looking at the volume on the ZS contract and it seems it die this last week. Here are my results after commissions PER CONTRACT. I always use per contract, not the amount traded. In the [...]

Executing Well, Finally 2009/09/03

The last two days I have been executing well, I made one mistake, but in setup , not execution that cost me a couple of points which sucks. I had my settings saved in a NinjaTrader template, and they were messed up. I entered the first trade of the day and I knew it wasn’t [...]

One Of Those Days 2009/09/02

First trade of the date slammed me for a three point loss. My average loss is much smaller, but I had one of those one tick failures. Hit my entry stop by one tick, then reverse to my ‘OMG’ stop. Three trades later, I was down a tick. I did execute well, so I am [...]