Monday, July 27, 2009

nice result


nice maneuvering on the opening race today
4 times in and out for a very impressive result
more than 4 times my average trade. and over
my regular daily profit in a single race.

Sunday, July 26, 2009

Saturday, July 25, 2009

The 11 seconds Rule

I enter trades with the expectation that price will move in my direction within1 to 10 seconds.If price doesn’t cooperate within this time period, some aspect of the trade may be wrong.

my approach, if this occurs, is to exit the trade with small profit, no loss or average per trade loss.

The point of this maneuvering is simple - we are protecting our capital. Our first and foremost goal is to protect our capital, period. When we are at a break-even or better position with the trade, we can begin to more actively work the trade for profits.

today results


Friday, July 24, 2009

week results



average per race 10 cents

Wednesday, July 22, 2009

confidence continues


another nice win in the opening race
keeps me happy for the day

Monday, July 20, 2009

confidence

winning trades over 70% at the moment
that keeps changing but stays over 50%

good traders take a loss that is under
200% of a regular positive trade.

calculate your average positive trade
keep your losses reasonable.

opening race

Saturday, July 18, 2009

Wednesday, July 15, 2009

one race



well i worked late today and i have
the night off i am going to watch
"bruno" no time for trading
so have a nice evening

cheers
trader1

Tuesday, July 14, 2009

My Favorite Racehorses


it's not a bad idea to know a thing or two about the animals
that create this exciting trading ground although pre race is
has nothing to do with the racing results.

Monday, July 13, 2009

short trading day


i keep fresh by trading only a few races

i try to win only a few, and in case it don't
work out, to cut the loss as short as possible.

there is no need to waist time on a
loss when the win rate is very good.

i had an early loss today in the first race
i made the cut at -2 cents and went on
from there. i than made two more mini
trades on the same race and managed
to finish green. all the other races went
well.

Sunday, July 12, 2009

today's results



good day in the markets

Monday, July 6, 2009

2 races





i traded 2 races today
you can notice how
i traded around 5 min
before the off

cheers