Day Trading Blog: May 2013

Friday, May 31, 2013

31th May Friday

SHORT 50% Crude Oil
LONG Opening Nasdaq
SHORT 50% Gold
LONG DP Fdax
SHORT Opening Fdax + Crude Oil

Thursday, May 30, 2013

Wednesday, May 29, 2013

29th May Wednesday

LONG 50% Nasdaq
SHORT 50% Dow
LONG Opening Crude Oil
SHORT Opening Gold
SHORT 50% Fdax
SHORT Crude Oil
SHORT Opening Fdax

Tuesday, May 28, 2013

28th May Tuesday

SHORT DP Gold
LONG DP Gold
SHORT 50% Gold
LONG Opening Dow + Crude Oil
LONG Opening Fdax
LONG Crude Oil

Saturday, May 25, 2013

Week 21 Stocks + Crude Oil + Gold SHORT

Friday, May 24, 2013

24th May Friday

LONG 50% Crude Oil
SHORT 50% Fdax
SHORT Dow
SHORT 50% Fdax
SHORT DP Gold

Thursday, May 23, 2013

23th May Thursday

LONG Natural Gas
LONG Opening Nasdaq
SHORT Opening Gold
SHORT 50% Crude Oil
LONG Fgbl
SHORT Crude Oil + Fdax
LONG Gold

Wednesday, May 22, 2013

22th May Wednesday

SHORT DP Gold + Nasdaq
LONG Opening Dow
LONG 50% Gold
SHORT Opening Crude Oil
SHORT DP Crude Oil
LONG Gold

Tuesday, May 21, 2013

21th May Tuesday

SHORT 50% Crude Oil
LONG DB Nasdaq
SHORT DP Nasdaq
LONG Opening Dow
LONG 50% Fdax
SHORT Gold
LONG DP Crude Oil + Fdax
SHORT DT Gold + Fdax

Monday, May 20, 2013

20th May Monday

LONG DP Dow
LONG DP Crude Oil
LONG 50% Gold

Saturday, May 18, 2013

Week 20 Stocks + Crude Oil LONG, Gold SHORT

Trading Rules:

how to trade profitable? with KSE. knowledge, strategy, execution.
Knowledge: You need to buy low and sell high. So I wait for the price to first go to a prior support level on the daily, 4h, 1h chart.
Strategy: Timing is important so I trade when there is a good setup on the dax, s+p, nasdaq or oil market. My goal is to make few trades with high risk reward, that is archived by either holding a trade till the market closes or reaching a level that sets up a counter trade.
Execution: Usually there is only a 20 point risk involved, so I try to get into a prior support level on the 10 min chart and automatically set a stop and multiple take profit targets.
All the little details how to trade better are listed here but I like to keep it simple: just enter the market at prices with a target that it at least 3 times the initial risk.

The Legal bit

Risk Disclaimer and Disclosure Statement

Trade at your own risk. The information provided here is for Education only and is of a general comment only and neither purports nor intends to be, specific trading advice. It has been prepared without regard to any particular person's investment objectives, financial situation and particular needs. Information should not be considered as an offer or enticement to buy, sell or trade. You should seek appropriate advice from your broker, or licensed investment advisor, before taking any action.

By reading this Blog, you acknowledge and accept that all trading decisions are your own sole responsibility, and I cannot be held responsible for any losses that are incurred as a result.

There is risk of loss in trading and investing. All trade decisions are your own sole responsibility.