Daily Trades SP-Dow-NQ-Dax-FTSE

I will start posting trades here Daily around 6pm EST for US market, and 6am GMT for EU market. Aggressive traders may enter trades as soon as they are posted. Conservative 30 min before market opens. All orders Order Cancels Order. All trades to be closed at Market Close. Results will be posted Daily as well.


SP BUY 1073.00 TP1 1075.00 TP21078.00 SL 1063.00
SP SELL 1046.00 TP1 1044.00 TP21041.00 SL 1056.00
DOW BUY 9840.00 TP1 9850.00 TP2 9865.00 SL 9815.00
DOW SELL 9628.00 TP1 9618.00 TP2 9603.00 SL 9653.00
NQ BUY 1747.00 TP1 1749.00 TP2 1752.00 SL 1737.00
NQSELL 1698.00 TP1 1696.00 TP2 1693.00 SL 1708.00

BUY FTSE 5158.00 TP1 5168.00 TP2 5183.00 SL 5133.00
SELL FTSE 5100.00 TP1 5090.00 TP2 5075.00 SL 5125.00

SP BUY 1658.00 TP1 2175.00 TP2 2450.00 SL 1500.00
SP SELL 325.00 TP1 225.00 TP2 12.00 SL 2250.00
DOW BUY 20,000.00 TP1 30,000.00 TP2 40,000.00 SL 10,000.00
DOW SELL 5,000.00 TP1 3,000.00 TP2 145.00 SL 25,000.00
_____________________________
FuturesOmega

quote:

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Originally posted by FuturesAlpha

BUY DAX 5751.00 TP1 5776.00 TP2 5801.00 SL 5701.00
SELL DAX 5676.00 TP1 5651.00 TP2 5626.00 SL 5726.00

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Nice Profits Today on DAX Result +50 points

quote:

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Originally posted by FuturesAlpha

BUY FTSE 5158.00 TP1 5168.00 TP2 5183.00 SL 5133.00
SELL FTSE 5100.00 TP1 5090.00 TP2 5075.00 SL 5125.00

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Nice Profits Today on FTSE Result +25 points

quote:

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Originally posted by MonkeyMeat

SP BUY 1658.00 TP1 2175.00 TP2 2450.00 SL 1500.00
SP SELL 325.00 TP1 225.00 TP2 12.00 SL 2250.00
DOW BUY 20,000.00 TP1 30,000.00 TP2 40,000.00 SL 10,000.00
DOW SELL 5,000.00 TP1 3,000.00 TP2 145.00 SL 25,000.00
_____________________________
FuturesOmega

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I sure have missed your humor lately, Monkey :-)

Hey Jim,

Hope the trading's been motoring along nicely for you! Yeah, I've been kinda tied up the past couple of months or so moving, among other things (like injuring my knee while jogging etc.) ... finally outta the parent's basement though . I stumbled across Alphaman's posted picks, and the numbers looked a bit wonky to me too. And they were unaccompanied by any rationale, explanation or description of method. Then PT posted about the wonky part followed by your full fledged treatise. And the primary response from Alphadude was:

"... AS MOST EXPERIENCED TRADERS KNOW R/R IS A CONCEPT OF THE PAST.IT IS ALL ABOUT HIGH PROBABLITY. I'D RATHER TRADE THEN WRITE NOVELS O/N FORUMS.”

He also referred to himself as “we” … which is either a red flag for a future sales pitch or he’s got some extra friends no one else sees. Either way, there seems to be a theme across another thread or two for risking a bunch to make a little (ex. Daytradetowin). It’s as if the smaller the PT you’re going for and the bigger the stop, then somehow the win/loss percentage is magically going to rise. I mean, hell, why not go for a tick and risk 40 points. And when the hell did positive Risk/Reward go the way of the horse and buggy?!? I must’ve nodded off during that industry revelation.

Although still unanswered, it would be nice to know from Alpha, some of the analysis/rationale he’s employing to derive these prices for “trading calls.” Otherwise, I’m not seeing any purpose in the posts.

Hey MM, If you follow my posts on the daytrade2win thread you will see my modified stratagy is making money.

This is now officially my favorite thread... the one liner's flying around in this thread are classic ......

I am a little behind on my e-mail this evening, apparently I missed the memo on the change to the expectancy formula (can someone be so kind as to forward a copy to me). I guess TPTB dropped average loss from the calculation ?

This discussion kind of reminds me of the "new math" they were teaching in grade school a few years ago. I never did figure out what "new math" was/is.....

I've been doing just that, Rainman! Btw, that kind of information is immeasurably good stuff, especially for evaluating a system or methodology here. Although I'm unfamiliar with the entry strategy/trigger, your PT and stop adjustments along with posting results is much appreciated!

RESULTS FOR SEPTEMBER 30: SP TP2+5, DOW TP2+25, NQTP2+5
Trades for October 1st:

SP BUY 1065.00 TP 11067.00 TP2 1070.00 SL 1055.00
SP SELL 1042.00 TP 11040.00 TP2 1037.00 SL 1052.00
DOW BUY 9765.00 TP 19775.00 TP2 9790.00 SL 9740.00
DOW SELL9561.00 TP 19551.00 TP2 9536.00 SL 9586.00
NQ BUY 1739.00 TP1 1741.00 TP2 1744.00 SL 1729.00
NQSELL 1696.00 TP1 1694.00 TP2 1691.00 SL 1706.00

He's been posting his market calls across multiple forums ... all without any explanation. Noticed one site had some or all of 'em deleted or removed it looked like. He continued to post on another forum up through 10-29-09. As for here ... even when asked, he didn't have an explanation nor evidently a sense of humor either.