Today's mistakes "cost" me $600 in beans, and $200 in crude. No point in going into details but suffice it to say I took trades off earlier than target and those targets easily hit just minutes later. Partly to blame is my mindset mentioned yesterday that I just wanted to lock in gains and not put more of my gains at risk. This is not how to trade and I must stick to my plan. Something to work on next week. Now it's Miller time!
Net breakdown (contracts traded):
ZS $569(6), GCL $1630(9)
ZS $569(6), GCL $1630(9)
| RESULTS FOR DAY | |
|---|---|
| Contracts: | 15 |
| Net $P/L: | 2199 |
| Wins: | 3 |
| Losses: | 1 |
| Win%: | 25 |
| Avg$Win: | 863 |
| Avg$Loss: | -389 |
For the week, I lost $1250 in beans but made $4100 in crude.
Posts
Nice week, but WOW, after all of these years of trading, you've forgotten the basic adage of trading "let your profits run" ??
ReplyDeleteI know, I know...it is so easy to say.
I noticed that after 4 or 5 losers in a row, my next trade could have been a big winner, but I get out too early to lock in a small profit.