Wednesday, December 22, 2010

Wed. 12/22

12:45pm CST - Scratch day. I think I'm done for the week unless I see something tempting tomorrow. I expect things to be uber dead. I really expected little today but ZW surprised me big time. ZS, unlike yesterday or ZW today, was muted.


Net breakdown (contracts traded):
ZS -$106(6), ZW $172(3), GCL $1(2)
RESULTS FOR DAY
Contracts:11
Net $P/L:67
Wins:3
Losses:2
Win%:60
Avg$Win:137
Avg$Loss:-172
at

3 comments:

  1. MichaelDecember 22, 2010 at 2:34 PM

    Just think of the taxes you saved yourself by exiting when you did. ;-)

    ReplyDelete
  2. TuxCatDecember 22, 2010 at 3:43 PM

    I feel like your rules are good, but in cases like this the volume was probably a good indicator it was headed on the way up. But then again, I don't know, since I don't watch the tape on contracts like ZS/ZW. So feel free to disregard any dumb comments I make.

    Maybe add a new number to your numbers you post every day, like "throw away PnL", then write a reason/comment why it was throw away like, "did not pay attention to volume", "did not pay attention to news", etc.

    ReplyDelete
  3. MBAGearheadDecember 23, 2010 at 8:27 AM

    Michael, I like your thinking but most of my trading is in an IRA.

    TCat, "throw away P/L" would be embarrassingly high. Not sure I could live with seeing that every day! LOL

    ReplyDelete