tag:blogger.com,1999:blog-709390629316238746.post223694867536291374..comments2023-04-16T05:11:52.660-04:00Comments on Don Miller Trading Journal: Friday Notes - A Defensive WinDon Millerhttp://www.blogger.com/profile/13263493919935087931noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-709390629316238746.post-18809260619169167992008-10-24T19:16:00.000-04:002008-10-24T19:16:00.000-04:00Derek -You're correct ... onward is the ONLY direc...Derek -<BR/><BR/>You're correct ... onward is the ONLY direction that matters.<BR/><BR/>I'll talk about that more in the video post later tonight.<BR/><BR/>Stay well.<BR/><BR/>DonDon Millerhttps://www.blogger.com/profile/13263493919935087931noreply@blogger.comtag:blogger.com,1999:blog-709390629316238746.post-26677348402276766952008-10-24T19:15:00.000-04:002008-10-24T19:15:00.000-04:00Hi Steve - While the math may come out that way, i...Hi Steve - <BR/><BR/>While the math may come out that way, in my view, it doesn't tell the whole story as there are scratch trades, quick stops and re-entries, varying sizes, and DAX trades all included. <BR/><BR/>So the average to me is a completely irrelevant statistic and doesn't tell much of a story either way.<BR/><BR/>Having said that, there's no doubt I certainly kept things tight to the vest today.<BR/><BR/>DonDon Millerhttps://www.blogger.com/profile/13263493919935087931noreply@blogger.comtag:blogger.com,1999:blog-709390629316238746.post-67607902015931892322008-10-24T18:43:00.000-04:002008-10-24T18:43:00.000-04:00Hi Don -great week of posts; plenty of struggle wi...Hi Don -<BR/><BR/>great week of posts; plenty of struggle within the wins you shared with us. i couldn't seem to get crap going this week and spent an inordinate amount of time fuming about it. onward and upward :-)<BR/><BR/>thanks, as always, for including us in the journey.<BR/><BR/>have a great weekend :-D<BR/><BR/>take care -<BR/><BR/>DerekDerekhttps://www.blogger.com/profile/04234503834080876909noreply@blogger.comtag:blogger.com,1999:blog-709390629316238746.post-25287854863712968392008-10-24T17:03:00.000-04:002008-10-24T17:03:00.000-04:00Don,If I did the math correctly, you're averaging ...Don,<BR/><BR/>If I did the math correctly, you're averaging less than three tics per contract gross profit today?<BR/><BR/>11 000 / (356 * 50) = 0.617977528<BR/><BR/>It's always interesting for me to see a scalper's numbers and realize that one doesn't HAVE to make multiple points per contract in order to make money trading.<BR/><BR/>SteveSteve0617https://www.blogger.com/profile/01576364924199407376noreply@blogger.comtag:blogger.com,1999:blog-709390629316238746.post-82418986145504867482008-10-24T16:47:00.000-04:002008-10-24T16:47:00.000-04:00Chuck -# of contracts x round trip (buy + sell or ...Chuck -<BR/><BR/># of contracts x round trip (buy + sell or 2 transaction).<BR/><BR/>So in that example, it would be 303 cumulative contracts, each bought and sold once for 606 transactions.<BR/><BR/>DonDon Millerhttps://www.blogger.com/profile/13263493919935087931noreply@blogger.comtag:blogger.com,1999:blog-709390629316238746.post-89279986561747194592008-10-24T16:44:00.000-04:002008-10-24T16:44:00.000-04:00Hi Don,What do you mean by "303 x 2" etc. Must be ...Hi Don,<BR/>What do you mean by "303 x 2" etc. Must be something about your trading size.YM-Traderhttps://www.blogger.com/profile/16760248132339283482noreply@blogger.com