Wednesday, August 3, 2016

Wed. 8/03

2:30pm CDT - I just never seem to learn. I know risk control is the key but today I failed. I had planned to trade Inventory release but my initial sell market order filled 20 ticks lower than expected and then I realized charts were lagging.  Inventory was up (forecast was down) so the fundamentalist in me says price should trade lower so the initial move was correct and would continue.  Adding at previous support was the next mistake and a few minutes later I walked away with the position bracketed, "hoping" the fundamentalist was right.  An hour later, stopped out on a new swing high.  Wrong on everything today and too much risk.
I'm on holiday until later part of Aug. so hope I gain some perspective on what my path forward should be in this endeavor. Discretionary trading still seems to be my nemesis (perhaps because I throw discipline out the window too often) but I've been mostly dissatisfied with all the mechanical trading systems I come up with.  YTD -$10K or -35%.
RESULTS FOR DAY
CL Contracts:2
Net $P/L: -1788
Wins: 0
Losses: 1
Win%:0
Avg$Win: 0
Avg$Loss: -1788

Friday, July 29, 2016

July Trading Summary

Net breakdown (contracts traded):
ZS $345(1), CL -$323(6)
RESULTS FOR JULY
Contracts:7
Net $P/L:19
Wins:2
Losses:5
Win%:29
$Commissions:28
Avg$Win:371
Avg$Loss:-144

Past Monthly Trading Summaries - link on the right
Equity Curve - updated link on the right

Wednesday, July 27, 2016

Wed. 7/27

2:55pm CDT - Caught a short after Inventory release.
RESULTS FOR DAY
CL Contracts:1
Net $P/L: 396
Wins: 1
Losses: 0
Win%:0
Avg$Win: 396
Avg$Loss: 0

Thursday, July 21, 2016

Thurs. 7/21

1:50pm CDT -
RESULTS FOR DAY
CL Contracts:2
Net $P/L: -298
Wins: 0
Losses: 2
Win%:0
Avg$Win: 0
Avg$Loss: -149

Wednesday, July 20, 2016

Wed. 7/20

5:30pm CDT - 3 strikes on the short side on inventory day...
RESULTS FOR DAY
CL Contracts:3
Net $P/L: -421
Wins: 0
Losses: 3
Win%:0
Avg$Win: 0
Avg$Loss: -141

Tuesday, July 12, 2016

Tues. 7/12

1:45pm CDT - I'm still here. First trade in a month as I continue to work on the plan forward.  Couldn't pass up the monthly crop report today!
RESULTS FOR DAY
ZS Contracts:1
Net $P/L: 345
Wins: 1
Losses: 0
Win%:0
Avg$Win: 345
Avg$Loss: 0

Thursday, June 30, 2016

Quarter 2 2016 Trading Results

June Trading Summary

RESULTS FOR JUNE
ES Contracts:27
Net $P/L:-596
Wins:5
Losses:4
Win%:56
$Commissions:81
Avg$Win:121
Avg$Loss:-300

Thursday, June 9, 2016

Thurs. 6/09

2:15pm CDT - Frustrating day again. Need to sit on my hands better when the market's dead with no range.  Trading reversion to mean isn't a bad idea either.  May head back to the drawing board.  In case I end week here, for the week net -$821.
RESULTS FOR DAY
ES Contracts:8
Net $P/L: -574
Wins: 0
Losses: 2
Win%:0
Avg$Win: 0
Avg$Loss: -287

Wednesday, June 8, 2016

Wed. 6/08

1:30pm CDT - Well I knew the win streak had to end.  Tough day with very tight range.
RESULTS FOR DAY
ES Contracts:8
Net $P/L: -624
Wins: 0
Losses: 2
Win%:0
Avg$Win: 0
Avg$Loss: -312

In other news, French law at its finest. Trader loses 4.9 Billion for his company, gets fired, and then his company has to pay him 450k euros!

Tuesday, June 7, 2016

Tues. 6/07

1:10pm CDT - Really slow day again. Must be summer.
RESULTS FOR DAY
ES Contracts:4
Net $P/L: 188
Wins: 1
Losses: 0
Win%:100
Avg$Win: 188
Avg$Loss: 0

Monday, June 6, 2016

Mon. 6/06

1:10pm CDT - Increasing size a bit this week.  Today's trade was painfully slow to sit through and after more than an hour, moved my target in by 2 ticks.  2 min. after exit of course, original target hits.
RESULTS FOR DAY
ES Contracts:4
Net $P/L: 188
Wins: 1
Losses: 0
Win%:100
Avg$Win: 188
Avg$Loss: 0

Friday, June 3, 2016

Fri. 6/03

12:15pm CDT - For the week, 4 for 4, net +$271.
RESULTS FOR DAY
ES Contracts:1
Net $P/L: 72
Wins: 1
Losses: 0
Win%:100
Avg$Win: 72
Avg$Loss: 0

Thursday, June 2, 2016

Thurs. 6/02

2:30pm CDT -
RESULTS FOR DAY
ES Contracts:1
Net $P/L: 59
Wins: 1
Losses: 0
Win%:100
Avg$Win: 59
Avg$Loss: 0

Wednesday, June 1, 2016

Wed. 6/01

2:00pm CDT -
RESULTS FOR DAY
ES Contracts:1
Net $P/L: 97
Wins: 1
Losses: 0
Win%:100
Avg$Win: 97
Avg$Loss: 0

Tuesday, May 31, 2016

May Trading Summary

RESULTS FOR MAY
ES Contracts:8
Net $P/L:246
Wins:6
Losses:2
Win%:75
$Commissions:26
Avg$Win:72
Avg$Loss:-91

Tues. 5/31

2:20pm CDT - Good end to the month.
RESULTS FOR DAY
ES Contracts:1
Net $P/L: 47
Wins: 1
Losses: 0
Win%:100
Avg$Win: 47
Avg$Loss: 0

Friday, May 27, 2016

Fri. 5/27

2:15pm CDT - A breakeven day to end a good week.  Now to string together many weeks in a row like this and increase size which for ES can be anything.  For the week, net +$202 (2.3 ticks/contract).
RESULTS FOR DAY
ES Contracts:2
Net $P/L: -7
Wins: 1
Losses: 1
Win%:50
Avg$Win: 72
Avg$Loss: -78

Thursday, May 26, 2016

Thurs. 5/26

12:45pm CDT -
RESULTS FOR DAY
ES Contracts:1
Net $P/L: 72
Wins: 1
Losses: 0
Win%:100
Avg$Win: 72
Avg$Loss: 0

Wednesday, May 25, 2016

Wed. 5/25

2:45pm CDT -
RESULTS FOR DAY
ES Contracts:2
Net $P/L: 18
Wins: 1
Losses: 1
Win%:50
Avg$Win: 122
Avg$Loss: -103

Tuesday, May 24, 2016

Tues. 5/24

1:15pm CDT -
RESULTS FOR DAY
ES Contracts:1
Net $P/L: 47
Wins: 1
Losses: 0
Win%:100
Avg$Win: 47
Avg$Loss: 0

Monday, May 23, 2016

Mon. 5/23

1:40pm CDT - After some time off and work on another idea, I'm back trading ES with small size for now.  Still learning volume profile nuances too and hope to incorporate that at some point in the future.
RESULTS FOR DAY
ES Contracts:1
Net $P/L: 72
Wins: 1
Losses: 0
Win%:100
Avg$Win: 72
Avg$Loss: 0

Friday, April 29, 2016

April Trading Summary

Net breakdown (contracts traded):
ES -$413(4), 6E -$314(2) CL -$2970(110)
RESULTS FOR APRIL
Contracts:116
Net $P/L:-3698
Wins:43
Losses:58
Win%:43
$Commissions:441
Avg$Win:115
Avg$Loss:-149

Fri. 4/29

2:15pm CDT - End of a lousy week, month, and first third of the year.  More focus and better trading are ahead! Net -$1235 for week.  YTD -28%.
Net breakdown (contracts traded):
ES -$91(1), CL -$211(3)
RESULTS FOR DAY
Contracts:4
Net $P/L: -302
Wins: 0
Losses: 4
Win%:0
Avg$Win: 0
Avg$Loss: -76

Thursday, April 28, 2016

Thurs. 4/28

2:50pm CDT - Working on a volume profiling method.
RESULTS FOR DAY
ES Contracts:3
Net $P/L: -322
Wins: 0
Losses: 2
Win%:0
Avg$Win: 0
Avg$Loss: -161

Wednesday, April 27, 2016

Wed. 4/27

2:10pm CDT - A big loser of a short system trade in Euro not long after FOMC.  A few minutes after entry, a quick spike higher took me out near the high of day.  I'm officially putting this system on sabbatical from live trading.  I'll keep tracking how it does and will update the blog periodically.
RESULTS FOR DAY
6E Contracts:1
Net $P/L: -610
Wins: 0
Losses: 1
Win%:0
Avg$Win: 0
Avg$Loss: -610

Thursday, April 21, 2016

Thurs. 4/21

1:40pm CDT - Still in break mode but got a rare Euro system signal so took it.  Glad I did.
RESULTS FOR DAY
6E Contracts:1
Net $P/L: 296
Wins: 1
Losses: 0
Win%:100
Avg$Win: 296
Avg$Loss: 0

Wednesday, April 20, 2016

Wed. 4/20

1:35pm CDT - I'm an idiot.  Made a rare longer term trade in CL and planned to hold for a day or two. This was partly based on news (Kuwait strike) but also expected resistance at 4/13 high (stop above that) and so I traded short from near yesterday's high.  So much for that idea!  Need a break and some beer...
RESULTS FOR DAY
CL Contracts:9
Net $P/L: -1194
Wins: 3
Losses: 5
Win%:38
Avg$Win: 218
Avg$Loss: -370

Tuesday, April 19, 2016

Tues. 4/19

1:30pm CDT - Was nearly back to even on day then I let things get out of control. 1 step forward, 2 steps back. This cycle I've been in since Dec. will end soon one way or the other! 
RESULTS FOR DAY
CL Contracts:20
Net $P/L: -886
Wins: 7
Losses: 9
Win%:44
Avg$Win: 69
Avg$Loss: -152

Monday, April 18, 2016

Mon. 4/18

1:05pm CDT - As usual, in hindsight I should have held most of these longer...
RESULTS FOR DAY
CL Contracts:7
Net $P/L: 393
Wins: 6
Losses: 1
Win%:86
Avg$Win: 75
Avg$Loss: -54