ES September Trading Summary

RESULTS FOR SEPTEMBER
Contracts:	443
Net $P/L:	1611
Wins:	97
Losses:	49
Win%:	66
Avg$Win:	107
Avg$Loss:	-179

Tick Swings

3:00pm CDT - The TICK swings were wild today. We went from -1347 to +1358 to -1234 to +1015 to -1127 to +1063. I guess it was end of quarter gyrations? It did make for some nice tradeable moves which I scalped for an okay day to wrap up the month.

RESULTS FOR DAY
Contracts:	16
Net $P/L:	358
Wins:	4
Losses:	0
Win%:	100
Avg$Win:	90
Avg$Loss:	-0

Don't Trade the News

3:00pm CDT - After 1 winner, I proceeded to lose 6 in a row all in the first 1.5 hrs. of the market open! I was not in focus and felt the urge to revenge trade so stopped for day. The biggest mistake was attempting to trade the morning consumer confidence number. I was long and added to my position once (within my rules) but stopped out just above the low a couple minutes later.

I guess I really know how to "celebrate" the anniversary of the 777 pt. drop in the Dow a year ago today.... :(

RESULTS FOR DAY
Contracts:	33
Net $P/L:	-1861
Wins:	1
Losses:	6
Win%:	14
Avg$Win:	70
Avg$Loss:	-322

Yom Kippur

3:00pm CDT - Nice move up today but didn't find many retraces to get some decent entries. And the sluggish Yom Kippur volume didn't help.

RESULTS FOR DAY
Contracts:	4
Net $P/L:	164
Wins:	2
Losses:	0
Win%:	100
Avg$Win:	82
Avg$Loss:	-0

Overtrading

3:00pm CDT - Not happy again with my trading - this seems to be a recurring theme this week. Today I certainly overtraded. I need to revisit some charts this weekend.

RESULTS FOR DAY
Contracts:	58
Net $P/L:	249
Wins:	11
Losses:	6
Win%:	65
Avg$Win:	59
Avg$Loss:	-67

Thurs.

3:00pm CDT - Not happy with my trading today but ended up okay.

RESULTS FOR DAY
Contracts:	28
Net $P/L:	277
Wins:	4
Losses:	3
Win%:	57
Avg$Win:	278
Avg$Loss:	-278

Ben Day

3:10pm CDT - Changed things up slightly since yesterday to get my grove back. Good day taking nibbles. Here's the post FOMC trades (should have held that last one... DOH!):

RESULTS FOR DAY
Contracts:	16
Net $P/L:	333
Wins:	7
Losses:	1
Win%:	88
Avg$Win:	48
Avg$Loss:	-6

Drawdown Day

3:10pm CDT - Another very choppy day which I did not escape from this time! Overtraded given the tight range all day and may have to figure out a filter for days like the past couple. ...or just sit on my hands. Hope FOMC tomorrow adds some life to these charts!

RESULTS FOR DAY
Contracts:	38
Net $P/L:	-999
Wins:	4
Losses:	4
Win%:	50
Avg$Win:	178
Avg$Loss:	-428

Chop

3:10pm CDT - Very choppy day which had me red early on and stayed there all day. The 2 losing trades were first, followed by the 3 winners. Not enough to get me green but happy to escape the wrath of the chop mostly unscathed!

RESULTS FOR DAY
Contracts:	36
Net $P/L:	-94
Wins:	3
Losses:	2
Win%:	60
Avg$Win:	246
Avg$Loss:	-416

Rosh Hashanah

3:15pm CDT - Slow, low volume Rosh Hashanah today with a few quadruple-witching whipsaws. I was doing great until I made 3 small losing trades at end of day within 8 minutes of the closing bell. Took $85 off my high-of-day. What was I thinking trading at that time? TGIF!

RESULTS FOR DAY
Contracts:	20
Net $P/L:	373
Wins:	5
Losses:	4
Win%:	56
Avg$Win:	94
Avg$Loss:	-24

Jerky

3:10pm CDT - Tough day. Lots of fake outs today which kept me scrambling and bouncing from red to black and back again. On the chart are 5 trades from the morning which had me a smidge red. Recovered in the afternoon but the jerky action had me taking gains off quickly. ...too quickly in most cases. I expect this jerkiness is partly related to expiration day which is tomorrow.

RESULTS FOR DAY
Contracts:	28
Net $P/L:	152
Wins:	7
Losses:	2
Win%:	78
Avg$Win:	125
Avg$Loss:	-361

Market up again

3:00pm CDT - Can nothing stop this market from going up?! Most of day was tough to scalp with a tight upward range. Made no trades in the afternoon chop.

RESULTS FOR DAY
Contracts:	12
Net $P/L:	219
Wins:	3
Losses:	1
Win%:	75
Avg$Win:	143
Avg$Loss:	-210

New High

3:00pm CDT - Tough day with more signals than in recent memory and more losers too. Nice to see the market rally to another new high on the year. Although I don't really care if it makes new lows either, as long as it moves, as I am a trader not an investor.

RESULTS FOR DAY
Contracts:	22
Net $P/L:	443
Wins:	4
Losses:	3
Win%:	57
Avg$Win:	140
Avg$Loss:	-39

Another Slow Monday

3:00pm CDT - Another slow Monday. Caught a couple scalps on the long side to start the week.

RESULTS FOR DAY
Contracts:	4
Net $P/L:	264
Wins:	2
Losses:	0
Win%:	100
Avg$Win:	132
Avg$Loss:	0

IRA

2:40pm CDT - Nice end to a nice week... Glad my broker's problems seem to be in the past too with virtually no issues of data lags or freeze ups this week. Having eSignal as a chart/quote backup has been a great investment over the years. (although they charge too much!)

I'm feeling pretty good trading 2 lots recently and may soon start trading again in my IRA account (Oct.?) if my results continue. I used to trade only my IRA account but have been trading a taxed account mostly over the past year. Since I lost any resemblance of an edge or consistency awhile ago, I stopped trading in the IRA since a blowout there would not be easy to recover from and would jeopardize retirement funds. Only trade with money you can afford to lose!!!

RESULTS FOR DAY
Contracts:	10
Net $P/L:	524
Wins:	5
Losses:	0
Win%:	100
Avg$Win:	105
Avg$Loss:	0

Rollover

3:10pm CDT - Was flat all midday sitting on a $250 gain from the first hour but gave it back at end of day on a short trade attempt in the final half hour. Volume seemed really sluggish most of the day with traders split between the U and Z contracts on rollover day.

RESULTS FOR DAY
Contracts:	22
Net $P/L:	-7
Wins:	3
Losses:	2
Win%:	60
Avg$Win:	171
Avg$Loss:	-260

Conservative

3:00pm CDT - Not bad but not happy with myself for taking a last half hour long off early. Got long at 30.25 and exited for 2 ticks (it went up 16 ticks). Just call me an end-of-day conservative, today anyways...

RESULTS FOR DAY
Contracts:	16
Net $P/L:	183
Wins:	3
Losses:	2
Win%:	60
Avg$Win:	208
Avg$Loss:	-220

Post-Labor Day

2:40pm CDT - Good day to trade 2 lots! Left a few ticks on the table but happy with result in this choppy day after Labor Day market. The morning trades are on the chart:

2:50pm UPDATE (looks like OEC's new platform version is pasting my fill arrows 1 bar later than they actually occurred. Otherwise the platform worked well today! [fingers crossed])

RESULTS FOR DAY
Contracts:	8
Net $P/L:	454
Wins:	4
Losses:	0
Win%:	100
Avg$Win:	113
Avg$Loss:	0

Pre-Labor Day

3:20pm CDT - Well I can't blame my broker today as they are back to near normal with only a small freeze up a half hour after open. I decided to up size a little today and traded mostly 2 lots and a few 4 and 5 lots. The results? Not so good... Mostly because the non-farm payrolls action faked me out big time and my short, stopped out at 1009, hit me for an early $380 deficit.

I'll admit that trading larger size to battle back from a loss is something I do regularly. It's not always pretty but it works more times than not. Discipline is required.

Looking forward to 3-days off!

RESULTS FOR DAY
Contracts:	41
Net $P/L:	118
Wins:	7
Losses:	5
Win%:	58
Avg$Win:	92
Avg$Loss:	-105

Day4

3:00pm CDT - Broker delays in charts/quotes were limited to the first 70 min. after the open today. I blame my 2 losses on the DOM being so messed up right after the ISM number release. For the most part I've been able to avoid problems by trading off my eSignal charts this week but not in this case. Otherwise it was a slow, yet good day.

RESULTS FOR DAY
Contracts:	8
Net $P/L:	217
Wins:	6
Losses:	2
Win%:	75
Avg$Win:	50
Avg$Loss:	-40

Broker Issues Day3

3:10pm CDT - This is getting annoying! 3 days in a row now the new mandatory version of OEC Trader software has had major delays for first hour or two. I can understand 1 day. MAYBE 2 days. But 3 days!?!?! WTF?! Are these guys incompetent! I feel like a guinea pig to OEC investors who want a product with more bells/whistles/etc. They should have a bare bones version that people can opt to use that never changes. I'm not ready to jump ship yet but patience is wearing thin.

RESULTS FOR DAY
Contracts:	12
Net $P/L:	-19
Wins:	5
Losses:	4
Win%:	56
Avg$Win:	62
Avg$Loss:	-82

Broker Down Day2

3:00pm CDT - Broker continuing to have problems most of morning. Several minute delays on charts and DOM caused me to trade 100% from eSignal charts which was quite challenging. I sure hope they are back to 100% tomorrow as patience will not last long... Good start to Sept. in spite of it all.

RESULTS FOR DAY
Contracts:	11
Net $P/L:	259
Wins:	7
Losses:	2
Win%:	78
Avg$Win:	38
Avg$Loss:	-5