Wednesday, December 30, 2009

Wednesday, December 23, 2009

Tuesday, December 22, 2009

Short 50% ES @ 1111.75

Covered @ 1111.75...Will wait to reshort later

If it goes below 1108 again....Could see hitting stops possibly @ 1114.

Monday, December 21, 2009

Friday, December 18, 2009

Thursday, December 17, 2009

Wednesday, December 16, 2009

Wednesday, December 9, 2009

xyzTrends Trading Rules

  1. Be calm while trading if you are not calm do not trade and enjoy time off as there is always a new opportunity.
  2. Preserve capital.
  3. Trade the market not the opinions.
  4. No trading rules will deliver a profit 100 percent of the time. (Jesse Livermore)
  5. Do not trade every day of every year. Trade only when the market is clearly bullish or bearish. Trade in the direction of the general market. If it's rising you should be long, if it's falling you should be short. (Jesse Livermore)
  6. Manage risk and not profit.
  7. If you are pressed on time do not trade or use OCO orders (One cancels others). You do not want to trade just because you are going to miss out otherwise. There are always opportunities.
  8. Loosing trade requires more patience than winning trade. Don't panic.

Tuesday, December 8, 2009

Monday, December 7, 2009

Thursday, December 3, 2009