A daily chronicle of results of one retail futures trader trading my own accounts. I define myself as a day trader and generally swing for at least a few points most of the time. But I do make the occasional scalp for ticks too.
Monday, May 3, 2010
Mon.
12:15pm CDT - Crude was nice to me but not beans. At least I'm green to start week!
Net breakdown (contracts traded): ZS -$962(12), GCL $1382(4)
Losing days are normal, but I can't stomach even a $10 losing day so I do everything in my power to finish even $1 above. Most of this comes through just sheer diversification, but sometimes that isn't enough.
Not enough coin tosses come up tails on some days, and that's perfectly statistically permissable. Short of just improving my system and adding better filters, ... that's just the way it is. I still hate it.
Losing days are normal, but I can't stomach even a $10 losing day so I do everything in my power to finish even $1 above. Most of this comes through just sheer diversification, but sometimes that isn't enough.
ReplyDeleteNot enough coin tosses come up tails on some days, and that's perfectly statistically permissable. Short of just improving my system and adding better filters, ... that's just the way it is. I still hate it.