Thursday, December 10, 2009

Less than a second

2:40pm CST - I was going to stop when I got up $200 today but never quite made it but got close. My best trade of the day was the quickest I can ever recall being in the market less than a second! Crude is really wild! (Entry was a buy stop order at 70.20 (fill slipped a tick) and exit was a limit order.) Can you imagine the ES moving 2.75 pts. in less than a second during lunchtime, no news doldrums?
Crude Trade 12/10/09

Net breakdown: GCL -$61, ZS $147
RESULTS FOR DAY
Contracts:19
Net $P/L:86
Wins:11
Losses:8
Win%:58
Avg$Win:70
Avg$Loss:-86
at

3 comments:

  1. PaulDecember 11, 2009 at 5:53 AM

    Dangerous, very dangerous, could be as well -140$ in less than a second and -1400$ in 10 seconds? I like fast markets but that is 2 fast even for me

    ReplyDelete
  2. jzwDecember 11, 2009 at 7:17 PM

    or about $800M / year (trading pit session only having the rest of the day off). About 8 days trading profits for GS but getting there.

    ReplyDelete
  3. MBAGearheadDecember 12, 2009 at 4:35 PM

    I like the way you think JZW!

    ReplyDelete