| RESULTS FOR FEBRUARY | |
|---|---|
| Contracts: | 236 |
| Net $P/L: | -1349 |
| Wins: | 54 |
| Losses: | 91 |
| Win%: | 37 |
| Avg$Win: | 172 |
| Avg$Loss: | -117 |
Friday, February 26, 2010
February Trading Summary
Fri.
5:00pm CST - 3 losers to close out the week. The loss should be half of this but the initial short entry, stopped out so quick after entry (within a couple seconds), that I reentered after I saw that it looked like it would still work (reentry is not in my system plan). The last one (which I, in typical Friday mistake fashion, decided to double size) hit my stop which one could argue was too tight (my system has a fixed 1.5 cent stop), before reversing and easily hitting the planned target.
For the week, $360 was the peak then 5 losers in a row to end things...
Net breakdown (contracts traded):
ZS -$679(8)
ZS -$679(8)
| RESULTS FOR DAY | |
|---|---|
| Contracts: | 8 |
| Net $P/L: | -679 |
| Wins: | 0 |
| Losses: | 3 |
| Win%: | 0 |
| Avg$Win: | 0 |
| Avg$Loss: | -226 |
For the week, $360 was the peak then 5 losers in a row to end things...
Thursday, February 25, 2010
Thurs.
1:30pm CST - 2 losers. :(
Net breakdown (contracts traded):
ZS -$333(4)
ZS -$333(4)
| RESULTS FOR DAY | |
|---|---|
| Contracts: | 4 |
| Net $P/L: | -333 |
| Wins: | 0 |
| Losses: | 1 |
| Win%: | 0 |
| Avg$Win: | 0 |
| Avg$Loss: | -166 |
Wednesday, February 24, 2010
Wed.
1:15pm CST - Stopped out on long side early but the short side worked a bit later today.
Net breakdown (contracts traded):
ZS $230(4)
ZS $230(4)
| RESULTS FOR DAY | |
|---|---|
| Contracts: | 4 |
| Net $P/L: | 230 |
| Wins: | 1 |
| Losses: | 1 |
| Win%: | 50 |
| Avg$Win: | 390 |
| Avg$Loss: | -160 |
Tuesday, February 23, 2010
ZS Swingin'
1:30pm CST - ZS was wild today (now trading the May contract) and it made a $1000+ per contract up move, followed by a $1200+ per contract down move. I was glad my system got a little chunk of it.
Net breakdown (contracts traded):
ZS $390(2)
ZS $390(2)
| RESULTS FOR DAY | |
|---|---|
| Contracts: | 2 |
| Net $P/L: | 390 |
| Wins: | 1 |
| Losses: | 0 |
| Win%: | 100 |
| Avg$Win: | 390 |
| Avg$Loss: | 0 |
Monday, February 22, 2010
Lucky Loser
2:45pm CST - Negative day but was "lucky" and surprised at the fill on one of my stops. 4 ticks POSITIVE slippage!
Net breakdown (contracts traded):
ZS -$258(4)
ZS -$258(4)
| RESULTS FOR DAY | |
|---|---|
| Contracts: | 4 |
| Net $P/L: | -258 |
| Wins: | 0 |
| Losses: | 2 |
| Win%: | 0 |
| Avg$Win: | 0 |
| Avg$Loss: | -129 |
Friday, February 19, 2010
Nice short week
11:00am CST - 1 long signal is all it took in ZS system to shut it down for the day.
For the short week, not a bad job inverting the previous week's curve.
Net breakdown (contracts traded):
ZS $365(2)
ZS $365(2)
| RESULTS FOR DAY | |
|---|---|
| Contracts: | 2 |
| Net $P/L: | 365 |
| Wins: | 1 |
| Losses: | 0 |
| Win%: | 100 |
| Avg$Win: | 365 |
| Avg$Loss: | 0 |
For the short week, not a bad job inverting the previous week's curve.
Thursday, February 18, 2010
Early exit
2:10pm CST - Took an early exit in hindsight on 2nd trade but followed my system so no complaints.
Net breakdown (contracts traded):
ZS $204(4)
ZS $204(4)
| RESULTS FOR DAY | |
|---|---|
| Contracts: | 4 |
| Net $P/L: | 204 |
| Wins: | 1 |
| Losses: | 1 |
| Win%: | 50 |
| Avg$Win: | 264 |
| Avg$Loss: | -60 |
Wednesday, February 17, 2010
Ash Wednesday
2:30pm CST - Good day catching an early morning short. Twice it came within a tick of stopping me out before dropping to target.
Net breakdown (contracts traded):
ZS $390(2)
ZS $390(2)
| RESULTS FOR DAY | |
|---|---|
| Contracts: | 2 |
| Net $P/L: | 390 |
| Wins: | 1 |
| Losses: | 0 |
| Win%: | 100 |
| Avg$Win: | 390 |
| Avg$Loss: | 0 |
Tuesday, February 16, 2010
Fat Tuesday
2:10pm CST - Plan this week is to only trade ZS following a new system. It is similar to how I was trading it but with specific entry/exit rules that do not leave any discretion to my often bad judgment.
Net breakdown (contracts traded):
ZS $167(4)
ZS $167(4)
| RESULTS FOR DAY | |
|---|---|
| Contracts: | 4 |
| Net $P/L: | 167 |
| Wins: | 1 |
| Losses: | 1 |
| Win%: | 50 |
| Avg$Win: | 327 |
| Avg$Loss: | -160 |
Friday, February 12, 2010
Poor Week
3:10pm CST - A poor day to end a poor week a little poorer. Will spend part of long weekend determining game plan for next week. RLM system was part of problem this week and tracking what it would have done Wed - Fri (did not trade it) would have yielded: -680, +600, +350 those 3 days. But my discretionary trading was terrible this week too.
P/L for the week was just like a downhill Olympic ski slope in Whistler. Note to self: flip this over next week!
Net breakdown (contracts traded):
ES -$26(4), ZS $24(5), 6E -$277(3), 6B -$122(6)
ES -$26(4), ZS $24(5), 6E -$277(3), 6B -$122(6)
| RESULTS FOR DAY | |
|---|---|
| Contracts: | 18 |
| Net $P/L: | -400 |
| Wins: | 5 |
| Losses: | 10 |
| Win%: | 33 |
| Avg$Win: | 88 |
| Avg$Loss: | -84 |
P/L for the week was just like a downhill Olympic ski slope in Whistler. Note to self: flip this over next week!
Thursday, February 11, 2010
Thurs.
2:50pm CST - Worked with charts most of day but placed a few ZS trades.
Net breakdown (contracts traded):
ZS $10(3)
ZS $10(3)
| RESULTS FOR DAY | |
|---|---|
| Contracts: | 3 |
| Net $P/L: | 10 |
| Wins: | 1 |
| Losses: | 2 |
| Win%: | 33 |
| Avg$Win: | 157 |
| Avg$Loss: | -74 |
Wednesday, February 10, 2010
Done early
10:30am CST - Quit early today after overtrading ZS. My discipline was just plain lacking today, not to mention my reasons for some entries. That's has been my problem with discretionary trading. I need to change that or go back to mechanically trading systems (that have an edge).
Net breakdown (contracts traded):
ES $40(3), ZS -$471(9)
ES $40(3), ZS -$471(9)
| RESULTS FOR DAY | |
|---|---|
| Contracts: | 12 |
| Net $P/L: | -431 |
| Wins: | 2 |
| Losses: | 8 |
| Win%: | 20 |
| Avg$Win: | 225 |
| Avg$Loss: | -110 |
Tuesday, February 9, 2010
Reality Check
2:50pm CST - I'm officially putting my RLM system on hold as far as trading it. I'll continue to track it but since backtesting results have never had three -$500+ losing days in a row, the edge is not currently present (or I'm just unlucky)! It may be the next 3+ days in a row will be $500+ day winners but I will not be participating. I can always resume trading it in the future when/if results dictate and my confidence in it returns.
Instead I plan to shift focus to other markets like ZS and maybe currency futures.
Instead I plan to shift focus to other markets like ZS and maybe currency futures.
Net breakdown (contracts traded):
RLM -$601(14), ES -$155(2), ZS $232(6)
RLM -$601(14), ES -$155(2), ZS $232(6)
| RESULTS FOR DAY | |
|---|---|
| Contracts: | 22 |
| Net $P/L: | -524 |
| Wins: | 4 |
| Losses: | 10 |
| Win%: | 29 |
| Avg$Win: | 166 |
| Avg$Loss: | -119 |
Monday, February 8, 2010
Mon. Blues
3:00pm CST - OK, my RLM system is officially frustrating me! This morning I was up $440 in the first 10 min. of trading. Oh so close to my shut down point. Then the drawdown begins until I shut 'er down on the negative side. If I had continued (breaking my rules), the remaining 11 trades of the day (not taken) would have grossed: $300, $120, -$200, $130, -$100, $300, $300, -$200, $300, $120, -$40 = $1030, less slippage/commissions. With my realized loss, that would have netted around a $300 RLM day.
Of course the flip side to this is there have been days (like Friday) where I hit my daily loss and if I had continued trading, the subsequent trades would have doubled that loss! It is possible my system performs poorly with this increased volatility or the "edge" is too slight. Time will tell...
At least I had success in ZS today. A 2-lot would have been nice there. OK, enough hindsight trading.
Of course the flip side to this is there have been days (like Friday) where I hit my daily loss and if I had continued trading, the subsequent trades would have doubled that loss! It is possible my system performs poorly with this increased volatility or the "edge" is too slight. Time will tell...
At least I had success in ZS today. A 2-lot would have been nice there. OK, enough hindsight trading.
Net breakdown (contracts traded):
RLM -$668(20), ZS $245(1)
RLM -$668(20), ZS $245(1)
| RESULTS FOR DAY | |
|---|---|
| Contracts: | 21 |
| Net $P/L: | -423 |
| Wins: | 4 |
| Losses: | 8 |
| Win%: | 33 |
| Avg$Win: | 175 |
| Avg$Loss: | -140 |
Friday, February 5, 2010
BE Week
3:00pm CST - It was a breakeven week overall. My RLM system hit $430 at one point today ($70 shy of calling it a day) then proceeded to give back $900 in the up move in final 2 hours. Frustrating day all around including ICE orders being stuck at OEC for a short bit this morning until they restarted their connection.
P/L for the week ended right where it started! Too bad I can't have back the 6 losers I ended today with. In the end, it was my ZS trades this week that sucked, costing me $700. But you can't undo trades so I will move along and strive to do better next week.
Net breakdown (contracts traded):
RLM -$482(49), ZS $2(2)
RLM -$482(49), ZS $2(2)
| RESULTS FOR DAY | |
|---|---|
| Contracts: | 51 |
| Net $P/L: | -480 |
| Wins: | 12 |
| Losses: | 19 |
| Win%: | 39 |
| Avg$Win: | 117 |
| Avg$Loss: | -99 |
P/L for the week ended right where it started! Too bad I can't have back the 6 losers I ended today with. In the end, it was my ZS trades this week that sucked, costing me $700. But you can't undo trades so I will move along and strive to do better next week.
Thursday, February 4, 2010
No Beans
1:40pm CST - No bean trades today as I am still tweaking my rules on that. I see they made some nice swings today I'd like to think I would have been on the correct side of.
The mini-Russell was a bit of a rollercoaster day, got up to $400, gave it all back, then exceeded my daily circuit breaker on the plus side on the last 2 trades of the day, shorting 2 at 594.9 and 2 more at 594.2 and scaling out for over $600.
The mini-Russell was a bit of a rollercoaster day, got up to $400, gave it all back, then exceeded my daily circuit breaker on the plus side on the last 2 trades of the day, shorting 2 at 594.9 and 2 more at 594.2 and scaling out for over $600.
Net breakdown (contracts traded):
RLM $626(22)
RLM $626(22)
| RESULTS FOR DAY | |
|---|---|
| Contracts: | 22 |
| Net $P/L: | 626 |
| Wins: | 6 |
| Losses: | 5 |
| Win%: | 55 |
| Avg$Win: | 231 |
| Avg$Loss: | -152 |
Wednesday, February 3, 2010
Russell Giveth, Beans Taketh
2:00pm CST - Glad to finish green. Now I REALLY need to refine my ZS rules, mentioned yesterday! I also took the last half of my last RLM trade off 4 ticks early when my net P/L turned green. Slap myself for that too...
Using a new format for fills on my charts going forward - see note on chart:
Using a new format for fills on my charts going forward - see note on chart:
Net breakdown (contracts traded):
RLM $682(13), ZS -$681(6)
RLM $682(13), ZS -$681(6)
| RESULTS FOR DAY | |
|---|---|
| Contracts: | 19 |
| Net $P/L: | 1 |
| Wins: | 4 |
| Losses: | 7 |
| Win%: | 36 |
| Avg$Win: | 221 |
| Avg$Loss: | -126 |
Tuesday, February 2, 2010
Groundhog's Day
1:30pm CST - Although I am my own worst critic, today shows that Groundhog's Day, like the movie, DOES repeat itself. I've had days like this before and will again no doubt. But still, I did stick to my rules today on RLM system and made another trade when I was at -480 (hadn't hit +/-500 yet) but got a full stop out with slippage! So it goes...I need to refine my rather loose rules on trading ZS as I see lots of potential there I am not capitalizing on. YTD, I just looked, and I'm up $322 on ZS vs. $275 on RLM. Nothing to get excited about but at least I'm covering commissions, baby steps...
Net breakdown (contracts traded):
RLM -$701(21), ZS -$106(6)
RLM -$701(21), ZS -$106(6)
| RESULTS FOR DAY | |
|---|---|
| Contracts: | 27 |
| Net $P/L: | -807 |
| Wins: | 7 |
| Losses: | 11 |
| Win%: | 39 |
| Avg$Win: | 56 |
| Avg$Loss: | -109 |
Monday, February 1, 2010
Feb. Start
3:00pm CST - Daily target hit on RLM just past 9am. One short ZS trade near close (that I didn't hold long enough and left $100+ on table as usual) wrapped up a good start to the month.
Net breakdown (contracts traded):
RLM $523(6), ZS $82(1)
RLM $523(6), ZS $82(1)
| RESULTS FOR DAY | |
|---|---|
| Contracts: | 7 |
| Net $P/L: | 605 |
| Wins: | 3 |
| Losses: | 1 |
| Win%: | 75 |
| Avg$Win: | 224 |
| Avg$Loss: | -66 |