Monday, March 22, 2010

Mon.

1:45pm CDT - Same as Friday with crude losing and beans gaining. The early crude trade long was stopped out by just 3cents before going in the intended direction by more than $2.30. I hate when that happens. I upped size slightly on ZS by adding ZS trades to my IRA account so it was nice to have a winner there.

Net breakdown (contracts traded):
ZS $1094(6), GCL -$938(4)
RESULTS FOR DAY
Contracts:10
Net $P/L:156
Wins:1
Losses:1
Win%:50
Avg$Win:1094
Avg$Loss:-938
Posted by at

5 comments:

  1. AnonymousMarch 22, 2010 at 4:16 PM

    Why the size increase on ZS?

    ReplyDelete
  2. MBAGearheadMarch 22, 2010 at 9:51 PM

    Been wanting to add some trades in the IRA and put some capital there to work.

    ReplyDelete
  3. Attitude TraderApril 3, 2010 at 2:20 PM

    Hey MBA,

    When you get a chance could you tell me/us a bit about your IRA account as it relates to futures trading?

    I spoke to my broker about it a while back and he gave me paperwork to set up a trust account through Entrust that would then allow me to trade it through my futures broker.

    Is yours set up through a trust account?

    Thanks,

    -AT

    ReplyDelete
  4. MBAGearheadApril 4, 2010 at 9:21 AM

    My IRA is setup through Millenium Trust. I think I pay a $75/qtr. fee - not sure how that compares to Entrust? Once it is setup, you trade it just like an individual account. Only difference is the name on the acct is "Millenium Trust #xxxx FBO your name".

    ReplyDelete
  5. Attitude TraderApril 4, 2010 at 2:45 PM

    Millenium is the other trust that my broker mentioned. Looks like the Entrust fees are about the same.

    Thanks for the info and the link.

    -AT

    ReplyDelete

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