About this blog

This blog was started as a whirlwind. So these objectives are laid out on the top as a reminder to me and for you to remind me. These objectives will change accordingly. Do praise or criticize me for keeping to my plan or deviating from it. This is the start of accountability to my plan.

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Long term objectives
1. To be financially independent so that I can free my time in devoting to God and Family.
2. Money is for memories. I want to take my Family to Disneyland in 2014. I want my daughters to remember this for life. I can also take this to my grave.
3. Trading as a vehicle to secure my daughters' future education requirement.
4. Continued learning/evolution of myself and the markets.
5. This is not for fun, it is a means for an end. Be very ruthless!

Wednesday, July 15, 2009

6E Trade 15 July simulated

0255h EST sold 6E at close to Murrey Math Line 5/8 at 14070 x2. Insured the 1st contract quickly at 6 pips and move the stop to 14072 pivot high by 1 tick. Target 14039, 1 tick above the Murrey Math line 4/8.

0405h EST flat. +37 pips. Not bad, MM Lines do work quite well.
0430h EST sold 14059 x2
0431h EST +5 Double top. stop 14061
0432h EST flat +39 nett. Should not have been so aggressive with the stop.
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