The Trend
- May 18th, 2012
- By Doug McKay
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E-mini Model
- May 18th, 2012
- By Doug McKay
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Comments: No position since 1399 on the June contract. Bot a simple 1 lot today with a limit order at 1291. Today’s close was 1290.75. Today’s range was 1289.75 to 1310.50. I will have a sell order (GTC) in Monday AM at 1302. I think the S&P goes lower. This is just playing a quick bounce. I may pick up a second contract lower if no bounce. I’ll let you know next week.
Past performance is not necessarily indicative of future results. The risk of loss is present in trading futures and options.
Starting amount 1/03/12: $ 50,000
Contracts: 1 long
Today’s close: 1290.75
Today’s Account value less fees: $ 66,135
Chart(s) of The Day
- May 16th, 2012
- By Doug McKay
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About Doug McKay –
Hello fellow traders and investors,
My name is Doug McKay, and I am a trader, money manager and the founder of AntiWallStreetGuy.com, 4 Minute Trader and Pro Investor Coach, LLC.
As the Anti Wall Street Guy, I look at the markets with a fresh perspective. This means no "buy & hold forever" mentality, no piling money into mutual funds, and especially no herd mentality.
My buying and selling technique centers around using stops to protect profits and limit loss.
The goal of this blog is to educate you in technical analysis and the emotional aspects of managing your own money so you can realize more success in your trading and investing.
My methods are not the traditional advice you hear repeated and repackaged over and over again, but that’s exactly the point and the reason why I know how to advance and succeed in every kind of market.
To your success,
- Doug
My name is Doug McKay, and I am a trader, money manager and the founder of AntiWallStreetGuy.com, 4 Minute Trader and Pro Investor Coach, LLC.
As the Anti Wall Street Guy, I look at the markets with a fresh perspective. This means no "buy & hold forever" mentality, no piling money into mutual funds, and especially no herd mentality.
My buying and selling technique centers around using stops to protect profits and limit loss.
The goal of this blog is to educate you in technical analysis and the emotional aspects of managing your own money so you can realize more success in your trading and investing.
My methods are not the traditional advice you hear repeated and repackaged over and over again, but that’s exactly the point and the reason why I know how to advance and succeed in every kind of market.
To your success,
- Doug
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