Emini Trading Results July 8, 2009
Today’s emini trading went well. Tick Trader rules had us avoid the first NSE (Normal System Entry) – so of course we followed the rules and avoided it!
The following NSE I was in -and unfortunately it lost. Down 5 ticks. Once we lose a trade, we go into recovery mode and our goal is to recover our loss! So I reversed short -and I did make a full recovery – however I decided to let half my units off at 5 ticks and the remainder at 8 ticks. I was stopped out even on the other half of my position.
The next NSE I made a full recovery and profit – so far so good! I took a Pullback Trade – knocked down 3 more ticks and I was up 4+ ticks profit for the day and finished up before 10 AM.
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Good Trading
ETS