Friday, April 4, 2008

4.4.08 4.15 Settlement


Trade Date:






4/4/2008







EST
Buy
Sell

Position Time Type Price Average Price Type P/L








-2 9:30


1373.25 close
-1 9:41 BF1 1368.25


$250.00
-2 12:38

1376.000 1378.75 SE2
-1 4:15 Close 1372.00


$200.00
-1 4:15 Close 1372.00


$200.00






























4.81% $650.00

Today's P/L is $650.00; for a 4.81% gain.

We entered the day short (-2).

We bought and sold 1 during the day.

We conclude the day short (-1).

Buy at 4.15 Close Filled

Filled 1372.00 Buy at Close
June Emini





Position: -1
1376.000 SA12





Today's Chat

It was a pleasure chatting with you (3) today. There were 2 chats that I did not get to.

I will do it again next Friday from 12:00 - 1:00pm EST.

Thank you for participating and I look forward to chatting with others next week.

Remember that you can always email me at: j.barlow.smith@gmail.com

Barlow

SE2 Filled

Filled 1378.75 SE2
June Emini





Position: -2
1376.000 SA12





Working Orders:



Buy
Sell
Type Price
Price Type
BF2 1365.25
1385.75 SE3





New Working Orders

Position: -1
1373.250 Close





Working Orders:



Buy
Sell
Type Price
Price Type
BF2 1365.25
1378.75 SE2





BF1 Filled

Filled 1368.25 BF1
June Emini





Position: -1
1373.250 Close





Working Orders:








Buy
Sell
Type Price
Price Type
BF2 1360.25
1381.75 SE2





Good Morning Emini/SP500

We enter today short (-2). Working orders below:

Position: -2
1373.250 Close





Working Orders:



Buy
Sell
Type Price
Price Type
BF1 1368.25







Chat with - J Barlow Smith

I have added a new feature on the left Sidebar of this Blog.

It is a Google chat widget for any viewer that wishes to chat with me. I tested it our yesterday and it worked fine... it private (not a group conversation). Let's Give it a try today and see how it goes.

I will be available to chat today at 12:00 EST (noon).

Stop by then!

Barlow

Can you tell us your secret?

I get many emails from viewers of this FB 2.0 Blog. Since many of the questions are similar, I thought that I might answer them here to help others.

Here is an email from Keith (my comments in red):

===

Hi Barlow,

I've been reading your posts ( along with ganns) and had a couple of questions that I was hoping you could find time to answer a couple of questions for a noob.

Gannfann is a technical trader that has recently started a new Blog. I have personally had the chance to have conversations with him and would recommend him and his Blog to anyone that wishes to learn more about trading.

In addition to Gannfann's market prowess, he is a very nice man and always takes the time to explain and teach in a responsible manner.

You can see Gannfann's Blog here: http://blog.stockmarketharmony.com/

The first was about the fishbone trade. Are there any plans to release the way the entry and exit points are chosen?

Keith, there are no plans to release how the entry and exit points are chosen. The FB 2.0 Trade (Fishbone) is a proprietary trade owned by The Saxon Institute. The Saxon Institute has developed many trades and uses them on a daily basis.

The second is I'm new to the trading of futures (and active trading in general). I was wondering if you had any suggestions on what I should focus on learning. I've been following ganns blog and yours, however its hard to figure out why points are chosen for entry or exit. I've been reading and playing with charts, too. I'm wondering if there's something else I should be looking at or trying to pick up.

Thanks for your time.

Keith

Keith, you are doing the right thing now. Watching other traders is certainly a great starting point. The Saxon Institute is opening a new Blog soon (I hope next week), for the purpose of helping traders like yourself. The new blog will have daily content that is educational and informational and will be my best work.

Thank you for your email Keith and stop back often.

Barlow