Day Trading Futures

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today neither the broker nor me became rich :lol:
no trades so far
there is +ww in usdinr with tgt of 63 in 5min tf will look to trade it
I had only 2 trades today. This beginning of the series... the options behave in unexpected ways, losing premium and behaving against the price movement sometimes. I have to be extra careful during this time.
 

LivetoTrade

Well-Known Member
..........
 
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Tlahuicole

Well-Known Member
I found one good old post from Linkon bhai so posting it here for traders reference.

I dont read books on TA. Somehow i have a misconception that those who cant trade...teach...!

Saint sir once said in one of his post....

"Hope something will come out of this, otherwise we will find out one more thing that does not work.

So truely Win-Win for us..."


I visit lots of forums and try to locate people with an ascending learning curve. Funny thing about these very tiny group of learners is that they are never satisfied with what they know. Somehow money making is not the objective of their quest. They are always trying to find chinks in their own Armour and find ways to protect themselves.

Locating successful traders is very difficult and once I locate such a person...i tail him. I look for every post that person has made. He has undergone a transformation and his path to success is documented in forums. That quest is my learning curve accelerator. I might not use his method, but i get to know one more thing that does not work for me.

Saint sir is the most successful trader in my eyes. Its not because of his awesome flow method that he has taken to a whole different level now. He has my respect because he was able to transform a bunch of newbies into very profitable traders. He installed faith in them. Those profitable traders were the source of saint's knowledge. Every time a situation repeated itself, they made notes and worked on handling such situation. Once they are satisfied with defining the conditions, they made a rule for handling such a condition and the search for new chinks in the Armour continued....

Its a never ending journey for a trader.... process of kissing frogs continues till he finds one that turns to a princess... and he continues building his harem the only way he knows... theory of elimination...!
 
+3

Code:
Date		Opening	Profit/loss	Closing
04-Feb		17755	+319		18074
03-Feb		17573	+182		17755

[URL="http://www.traderji.com/futures/91950-day-trading-futures-87.html#post931271"]Jan-14[/URL]		22808	-5235		17573
 
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