2:05pm CDT - Enough of a break. I'll never come up with the perfect system and need to put some real money on the line to feel out how I will react to parts of my strategy that I have not been able to mechanically define exactly what I should do. Yes, gasp, there are parts of my strategy that rely on some discretion.
| RESULTS FOR DAY |
|---|
| ES Contracts: | 24
|
| Net $P/L: | 1150 |
| Wins: | 6
|
| Losses: | 1
|
| Win%: | 86 |
| Avg$Win: | 195 |
| Avg$Loss: | -21
|
I know what you mean, MBA. I was in a mental battle with myself this weekend when reviewing some entries. There is no perfect method that eliminates risk yet allows for big gains. It's just a matter of what the market is willing to give at any certain time...and THAT we will never know in advance. "What should I do?" I guess if I wanted precise answers to my questions I should have gotten an engineering degree:-)
ReplyDeleteLook at that, a swing hit on the return. :) Hit the ground running, discretion is a good (no, great) tool.
ReplyDeleteIt's not too late YM - you too can be a gearhead! :)
ReplyDeleteSandy, great for some no doubt. I hope to join that camp...