r2i forum

Paper Trade. Do not take this trade. This is just to test.

Short ES at 2044
Intra-day reversal coming from resistance on Friday. Failure to hold above opening range today confirming it.
Stop just above 2052. Testing waters with one lot.

PS: This is not a day trade :)

[QUOTE=techynt;593452]In a bull market everyone can be genius, including day traders. [/QUOTE] You seem to imply that it works only in bull markets. It gets lot more easier in bear markets. Conspicuous fear present in bear markets makes it easy. Bull or bear markets, there are always choppy days ...

[QUOTE=techynt;593452] Eminitrader why don't you try to write some simple instructions for day trading, I will try to follow along and even try it using real money.[/QUOTE] Are you trying to get me killed :) I am in enough trouble in losing my money and I don't need the blame for spoling others ...

[QUOTE=techynt;593350] But the big question is when do you stop, after how many losses in a day. If we have 2% trailing loss stop order. Say we lose 2% for the day since first order bombed on us. What is the rule for that, stop trading for the day or enter another trade?[/QUOTE] My stop loss is not ...

[QUOTE=Desi2return;593373]I feel for you man! Its not easy to throw it away what you have worked hard to develop. Only suggestion I have for you is to see if you can outsource your strategy. Hire a guy/girl in India, pay them 10K a month or something like that. Have them execute your strategy ...

[QUOTE=Plan2010;593361]Sorry about that..my first suggestion was to get the advice of an expert financial consultant..if you post a public thread like this you'll get all kinds of inputs helpful or not helpful..no option but to grin and bear it. [/QUOTE] I didn't mean to offend you. I just called it ...

[QUOTE=dbs;593391]When does 'ultimate' happen. Please make it sooner than later.[/QUOTE] It already happened. I did quit well before starting this thread. I had a small hope that someone here sees the guts being displayed and the courage shown to keep going after posting my account size, stop loss I ...

[QUOTE=Plan2010;593315] I am not sure if it is hijack because I seem to have same thought process as Op's wife..so if she is reading the thread hope it helps her too..[/QUOTE] She reads this thread and your posts definitely do not help her :) If you think about it, it is not the money that you need ...

[QUOTE=techynt;593350]I guess the basic premise is you enter a trade and book profits/loss on trailing stop order. But the big question is when do you stop, after how many losses in a day. If we have 2% trailing loss stop order. Say we lose 2% for the day since first order bombed on us. What is the ...

[QUOTE=Plan2010;593289]always assumed in U.S there is no concept of saving..everybody is running after more and more credit..whereas Indians generally save..:) [/QUOTE] Let's assume for a second what you are saying is true. Since very few save in US, very less amount (Supply) is available for CDs ...