RTY Trading Testbed [Record = 14 for 64 | -3.70pts | -$185.00 per contract]

[lamboguy]

Originally Posted by Tape Reader

One of the best books I have ever read: Reminiscence of a Stock Operator.
(Supposedly, about Jesse Livermore.)

i am going to go one further. anyone that trades markets or bets horse racing that doesn't read that book all the time is only fooling themselves

[PaceAdvantage]

Originally Posted by PaceAdvantage

For the record, the valid signal I ignored was a SHORT RTY @ 1882.40 with a stop @ 1906

currently up 41 points

cover short @ 1787.70 for a fantasy profit of 94.70pts or $4,735 per contract...sick

[PaceAdvantage]

LONG RTY @ 1766.20

stop @ 1757.40

[PaceAdvantage]

Originally Posted by PaceAdvantage

LONG RTY @ 1766.20

stop @ 1757.40

Stopped out @ 1757.40

P/L = -8.80pts

Record = 8 for 32 | +43.20pts | +$2,160 per contract

[PaceAdvantage]

SHORT RTY @ 1775.70

stop @ 1781.40

[PaceAdvantage]

still holding short

[PaceAdvantage]

Something is happening...ES futures have dropped 30 pts in the last 15 minutes or so...

This is great for me...I'm going to be exiting my short before the night is over

[PaceAdvantage]

Thank you Bank of Japan for making this overnight session even more profitable...I will be covering my short in the next 30 minutes

[PaceAdvantage]

This was a very easy trade...limited risk...did nothing but go down after I shorted...and gave me a gift of another 14-15 bonus points during the overnight session...no complaints at all

Well...one complaint...I might be leaving some money on the table given how much it's gone down tonight...but if I've learned one thing doing this thread...don't second-guess the method.

Originally Posted by PaceAdvantage

SHORT RTY @ 1775.70

stop @ 1781.40

Covered short @ 1735.50

P/L = +40.20pts

Record = 9 for 33 | +83.40pts | +$4,170 per contract

[PaceAdvantage]

Been posting trades for two months now...not too shabby

[PaceAdvantage]

In case anyone is confused as to what exactly is being traded in this thread:

https://www.cmegroup.com/markets/equ...ractSpecs.html

[PaceAdvantage]

Originally Posted by PaceAdvantage

I might be leaving some money on the table given how much it's gone down tonight...but if I've learned one thing doing this thread...don't second-guess the method.

Turns out in hindsight I left almost nothing on the table...this trade illustrated almost perfect, pinpoint-accurate market timing

YouTube

[PaceAdvantage]

Not my favorite entry, since it's already gone up a lot...but a signal is a signal...

LONG RTY @ 1766.60

stop @ 1740.40

[PaceAdvantage]

Trade is performing about as expected...it got me in too late...still holding...but doubt I'll be holding into tomorrow

[PaceAdvantage]

Turns out I was wrong...I will be holding this into tomorrow morning at least