Stockmarket rally

Written November 13. 2006 in Trading
Nasdaq climbed 2.5 points much with help from ciscis strong report. Dow Jones continued its rally and rose to 12.108 pts. The S&P500 index rose 1.2% during the week and cloesd on 1380.
Its all good...


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Crude and Opec

Written October 06. 2006 in Trading
So crude is trading @ the lowest levels since 7 month back. Now Opec is saying that they will cut back on production. Naturally this would give a spike in crudeoil prices dont yopu think?

Actually Crude continued to drop today...

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Scalping ES

Written October 06. 2006 in Trading
Today for the first time I tried scalping ES , I am using Tsim. My profit target was 0.25 and loss target at 0.50. I am using IB.
 
I made 84 wins and only one loss. Tha commission was 408 . I made gross profit...

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Scalping Eurodollar

Written October 06. 2006 in Trading
Simple scalping strategy used it for forex trading:

use a 3 or 5 min bar chart and look for micro-swings. when the trend reverses using stochastics (13/8) then pull the trigger

-> On the chart the...

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The Ten commandments of My trading

Written October 06. 2006 in Trading


1. Money management becomes your lifeline, and all your trading strategies start to revolve around its core. Risk control becomes a key aspect of every position you take. You accept that controlling losses has a far-greater...

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Ooops I did it again...

Written October 06. 2006 in Trading
Over Trading is the greatest single cause for losses in the markets. Whether you are winning now or losing now, ninety-five or more percent of all traders trade too often. Even a daytrader trading a five minute chart has no...

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Dow Jones Again

Written October 06. 2006 in Trading
Dow Jones Index closed for the second day in a row at a ATH level. How about that ? Now we all know why, but its just to jump on the bandwagon, no problem here. Hedge Funds switching from commodities to major stocks its the new black!...

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