Wednesday, October 13, 2010

Wed. 10/13

1:00pm CDT - Stops weren't big enough today or I was going for too many cents. It would have been a good day had I not moved stops to breakeven so soon or if my targets were only 1 or 1.5 cents. But that's not my system and there's always tomorrow...

Net breakdown (contracts traded):
ZS -$786(63)
RESULTS FOR DAY
Contracts:63
Net $P/L:-786
Wins:4
Losses:7
Win%:36
Avg$Win:364
Avg$Loss:-320
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3 comments:

  1. YM-TraderOctober 13, 2010 at 4:54 PM

    You can trade something for half a penny? I should get out more and see what the rest of the world is doing. Nah. I'll stay in my little cave.

    ReplyDelete
  2. MBAGearheadOctober 13, 2010 at 5:03 PM

    LOL - sorry to confuse you YM. 1 cent in grains on 1 contract = 4 ticks = $50. So a half a penny move is 2 ticks or $25...

    ReplyDelete
  3. AnonymousOctober 14, 2010 at 5:26 AM

    Yesterday....after a stat of 1 for 8 or 9 trades. I looked back and saw that despite a very poor read of the market I wasn't really thinking of changing my style at all.
    A few months ago, I would have hacked away until I either bled off and made it all back....guess I am learning to be a lot more patient....but time will tell as always.
    Best wishes....may luck fall on the hardy and the sincere

    ReplyDelete

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