Thursday, August 20, 2009
E-Mini Player (obviously an ES trader) has invited me in as a guest contributor. To offer some diversity to the blog, I am a mini-Dow (YM) trader. You can read my profile to the right. I will be illustrating trade setups and descriptions as time permits (I have no idea how much at this point). The ES and the YM trade pretty much in lock-step most of the time. The difference just being the price levels associated with the bars, and of course the daily volume. Volume has never been an issue for me as trends are trends, moves are moves. Pictures often tell more than words, so most of my posts will be screenshots. We all have different trading plans (you DO have a written trading plan, right?) so my style will suit some, but not all. We are all different with our own risk characteristics, backgrounds (the "baggage"... that's rarely a word used in a positive light...we bring with us), and our experience level. But we all share a love of trading, and that makes us pretty special, and unique. We go where few others dare to go. I'll end this segment with a favorite quote, short, simple, and deadly true: "Believe and Achieve ... doubt and die". It says it all, doesn't it?