Saturday, December 31, 2011

2011 Trade Analysis

You can't manage what you can't measure. Too bad you can't measure the mental side of this business. That's where we all need the most help, typically! But we can measure nearly everything else and the end of the year is a good time to do just that, not to dwell on the past or curse its results, but to reflect and add some objective insight into what worked and what didn't. Then file it in the memory banks, and move forward!

The goal for the year was a 100% return. Far from that, I achieved a loss of -28% or -$22,209. With futures being a zero-sum game, you could conclude that I had a lot more money taken from me by other traders than I took from them. But you would be wrong. I actually grossed +$4,880 on the year, not that there is any silver lining in that! But commissions (Clearing, NFA, & broker's commissions combined) accounted for the loss on the year.

Looking more closely at the numbers below, I found it interesting that ZS was my biggest loss of 2011 and my biggest gain of 2010. Trading my ZS system in March this year was by far the biggest reason for this year's negative result. I lost over $18k trading soybeans in that one month alone.


A few more self explanatory charts below. Most interesting is the last one which shows that trades that were in the market less than 3.75 minutes generally lost money while those that lasted longer contributed to a positive P/L curve. Last year 2.75 minutes seemed to be the turning point.


There wasn't much consistency in 2011 mostly because I jumped around from system to system with some discretionary trading also in the mix. I couldn't get anything to work for any extended length of time. Who knows what 2012 will bring but I will be hard at it and will be repeating the same goal of a 100% return.

Friday, December 30, 2011

Quarter 4 2011 Trading Results


And a look at the entire year of 2011:

December Trading Summary

RESULTS FOR DECEMBER
CL Contracts:470
Net $P/L:-957
Wins:74
Losses:84
Win%:47
$Commissions:2087
Avg$Win:352
Avg$Loss:-322

Fri. 12/30

11:30am CST - A couple more 1-lot trades to wrap up the year. Look for year-end wrap tomorrow.


RESULTS FOR DAY
CL Contracts:2
Net $P/L:291
Wins:2
Losses:0
Win%:100
Avg$Win:145
Avg$Loss:0

Thursday, December 29, 2011

Thurs. 12/29

11:00am CST - A couple 1-lot trades to test out a new system which is a complete change to how I've been trading this year. We'll see how it pans out after more backtesting.

Regarding 2012, "It's not where I've been or what I've done that matters most. My future success is based on the goals I choose now. My determination to reach them and the next steps I take. My incredible future starts today and I can't wait to make it happen!" Shad Helmstetter



RESULTS FOR DAY
CL Contracts:2
Net $P/L:451
Wins:2
Losses:0
Win%:100
Avg$Win:225
Avg$Loss:0

Thursday, December 22, 2011

Thurs. 12/22

9:35am CST - Up $600 on first trade, then a slow bleed until I threw in the towel on the day, week, and likely the year. For the week, net loss of -$2233.


RESULTS FOR DAY
CL Contracts:24
Net $P/L:-1157
Wins:1
Losses:7
Win%:13
Avg$Win:587
Avg$Loss:-249

Wednesday, December 21, 2011

Wed. 12/21

9:05am CST - Chopped to death.

RESULTS FOR DAY
CL Contracts:27
Net $P/L:-2280
Wins:1
Losses:8
Win%:11
Avg$Win:347
Avg$Loss:-328

Tuesday, December 20, 2011

Tues. 12/20

8:45am CST -


RESULTS FOR DAY
CL Contracts:9
Net $P/L:1010
Wins:3
Losses:0
Win%:100
Avg$Win:337
Avg$Loss:0

Monday, December 19, 2011

Mon. 12/19

9:50am CST - Just trading the first couple hours, likely for remainder of year.

RESULTS FOR DAY
CL Contracts:15
Net $P/L:193
Wins:2
Losses:3
Win%:40
Avg$Win:362
Avg$Loss:-177

Saturday, December 17, 2011

Short Videos

Some good free stuff on the web. I don't endorse these sites but found some value in their mini webinars.

From Emini-Watch:
Day 1: Target a small daily profit … Stop over-trading
Day 2: Use fewer price indicators … Stop using multiple correlated indicators
Day 3: Focus on less … Stop information overload
Day 4: Give your trades room to work … Stop using tight stops
Day 5: Use a higher timeframe to determine trend … Stop using just one timeframe
Day 6: Do what other people can’t … Stop thinking like the crowd
Day 7: Think in terms of cyclical & trending phases … Stop expecting a trend move
Day 8: Enter on a test of the trend … Stop chasing or fighting the trend
Day 9: Track your mistakes … Stop repeating common errors
Day 10: Invest in your trading … Stop doing things on the cheap

From Top Dog Trading:
Video for Lesson 1
Video for Lesson 2
Video for Lesson 3
Video for Lesson 4
Video for Lesson 5

Friday, December 16, 2011

Fri. 12/16

2:10pm CST - I felt like Homer Simpson today. More work to do as usual. There's a fuzzy line between giving trades a tight leash vs. giving them too much room. I've crossed that line a million times. If it weren't so fuzzy I would know which side to stay on. For the week, net loss -$898.


RESULTS FOR DAY
CL Contracts:47
Net $P/L:-999
Wins:7
Losses:10
Win%:41
Avg$Win:181
Avg$Loss:-226

Thursday, December 15, 2011

Thurs. 12/15

10:05am CST - One step forward...


RESULTS FOR DAY
CL Contracts:27
Net $P/L:940
Wins:5
Losses:4
Win%:56
Avg$Win:427
Avg$Loss:-298

Wednesday, December 14, 2011

Wed. 12/14

2:00pm CST - Two steps back again. I'm getting good at that. Holding today, like yesterday, was the way to go (in hindsight). CL closed down over $5 and over 5%.

RESULTS FOR DAY
CL Contracts:66
Net $P/L:-2683
Wins:6
Losses:16
Win%:27
Avg$Win:388
Avg$Loss:-313

Tuesday, December 13, 2011

Tues. 12/13

9:55am CST - Days like today make you question whether taking little nibbles of profits is the best approach. Some gurus tout holding for big gains. But I know from years of backtesting that most of the time, hitting singles is the way to go. Sure my first trade today which I got out at BE could have easily made $6000+ with a risk of only $500 but that is the beauty of hindsight. What caused the $1.50+ up move in crude in less than a minute is beyond me and can’t be predicted. Anyways, enough coin for today for me.


RESULTS FOR DAY
CL Contracts:21
Net $P/L:1077
Wins:5
Losses:2
Win%:71
Avg$Win:311
Avg$Loss:-238

Monday, December 12, 2011

Mon. 12/12

2:15pm CST - Tweaked the method a bit over weekend. Good first day.


RESULTS FOR DAY
CL Contracts:39
Net $P/L:767
Wins:6
Losses:7
Win%:46
Avg$Win:370
Avg$Loss:-208

Friday, December 9, 2011

Fri. 12/09

1:40pm CST - Mistakes made but broke even at least. For the week, net loss -$86.


RESULTS FOR DAY
CL Contracts:39
Net $P/L:17
Wins:4
Losses:7
Win%:36
Avg$Win:459
Avg$Loss:-260

Thursday, December 8, 2011

Thurs. 12/08

1:25pm CST - The epitome of an up and down day. That last trade had an equal chance of going up and I gave it lots of room to run or stop, knowing it would be my last trade, and it chose to stop.

"Finish each day and be done with it. You have done what you could. Some blunders and absurdities have crept in; forget them as soon as you can. Tomorrow is a new day. You shall begin it serenely and with too high a spirit to be encumbered with your old nonsense."
-Ralph Waldo Emerson



RESULTS FOR DAY
CL Contracts:42
Net $P/L:-2036
Wins:6
Losses:7
Win%:46
Avg$Win:507
Avg$Loss:-725

Wednesday, December 7, 2011

Wed. 12/07

1:00pm CST - Lots of trades today but ended up okay. No excuse for last trade.


RESULTS FOR DAY
CL Contracts:33
Net $P/L:783
Wins:7
Losses:4
Win%:64
Avg$Win:295
Avg$Loss:-321

Tuesday, December 6, 2011

Tues. 12/06

11:10am CST - Two and done today. Much better than yesterday.


RESULTS FOR DAY
CL Contracts:6
Net $P/L:1113
Wins:2
Losses:0
Win%:100
Avg$Win:557
Avg$Loss:0

Monday, December 5, 2011

Mon. 12/05

1:55pm CST - Got off to a bad start but battled back to even.


RESULTS FOR DAY
CL Contracts:30
Net $P/L:37
Wins:5
Losses:5
Win%:50
Avg$Win:357
Avg$Loss:-349

Friday, December 2, 2011

Fri. 12/02

1:15pm CST - Slow afternoon but a decent start to the month. For the week, net loss -$1085.


RESULTS FOR DAY
CL Contracts:23
Net $P/L:938
Wins:6
Losses:2
Win%:75
Avg$Win:277
Avg$Loss:-363

Thursday, December 1, 2011

Thurs. 12/01

2:25pm CST - I'll take it. Left too much on table however.

RESULTS FOR DAY
CL Contracts:18
Net $P/L:580
Wins:4
Losses:2
Win%:67
Avg$Win:414
Avg$Loss:-538

Wednesday, November 30, 2011

November Trading Summary

Net breakdown:
ES -$2452, CL -$3205
RESULTS FOR NOVEMBER
Contracts:376
Net $P/L:-5657
Wins:31
Losses:58
Win%:35
$Commissions:1147
Avg$Win:499
Avg$Loss:-364

Wed. 11/30

2:05pm CST - So goes the day, so goes the month.


RESULTS FOR DAY
CL Contracts:12
Net $P/L:-2843
Wins:0
Losses:4
Win%:0
Avg$Win:0
Avg$Loss:-711

Tuesday, November 29, 2011

Tues. 11/29

10:10am CST - Done early today. Technically, the 2nd trade should have been a loser because the target was 99.80 and it would have stopped out if I hadn't taken it off early. It's really not a good thing to get rewarded when you circumvent your system.


RESULTS FOR DAY
CL Contracts:9
Net $P/L:1460
Wins:3
Losses:0
Win%:100
Avg$Win:487
Avg$Loss:0

Monday, November 28, 2011

Mon. 11/28

1:50pm CST - Developed a new CL system over the holiday break and started trading it today with 3 lots. Backtest period shows that it should have about 63% winners and avg. win equals the avg. loss.

RESULTS FOR DAY
CL Contracts:18
Net $P/L:-1220
Wins:2
Losses:4
Win%:33
Avg$Win:602
Avg$Loss:-606

Wednesday, November 23, 2011

Wed. 11/23

11:50am CST - Traded after all with oil inventory report today. However I mostly just churned my way to nowhere. I need to work with charts a bit over the holiday break on taking fewer CL trades if I'm going to continue with oil. Happy Thanksgiving to all!

RESULTS FOR DAY
CL Contracts:15
Net $P/L:-7
Wins:2
Losses:7
Win%:22
Avg$Win:462
Avg$Loss:-133

Tuesday, November 22, 2011

Tues. 11/22

2:20pm CST - Dug an early hole and quit after I filled it in on the final trade. May or may not trade tomorrow as I expect things to be pretty dead pre-holiday.

RESULTS FOR DAY
CL Contracts:11
Net $P/L:31
Wins:1
Losses:4
Win%:20
Avg$Win:1078
Avg$Loss:-262

Monday, November 21, 2011

Mon. 11/21

2:55pm CST - Monday strikes again. Today's lesson, moving stops to BE too quickly on CL. I threw in the towel after 10 tries. I forgot how choppy she can be.


RESULTS FOR DAY
CL Contracts:14
Net $P/L:-832
Wins:1
Losses:9
Win%:10
Avg$Win:1
Avg$Loss:-93

Friday, November 18, 2011

Fri. 11/18

10:00am CST - Tried something new today. My old buddy CL. And I'm quitting while I'm ahead. Rest of day scrolling through charts most likely. For the week, net loss of -$4541.

"The most important motive for work is pleasure in work, pleasure in its results, and the knowledge of the value of the result to the community."- Albert Einstein
Not sure how best to spin the last part but we do provide liquidity and once I make a $million+ I plan to significantly increase my contributions to charity. :)



RESULTS FOR DAY
CL Contracts:10
Net $P/L:206
Wins:3
Losses:4
Win%:43
Avg$Win:226
Avg$Loss:-118

Thursday, November 17, 2011

Thurs. 11/17

9:45am CST - I don't have it in me to fight back today. Back to the drawing board...

RESULTS FOR DAY
ES Contracts:31
Net $P/L:-2756
Wins:0
Losses:5
Win%:0
Avg$Win:0
Avg$Loss:-551

Wednesday, November 16, 2011

Wed. 11/16

3:15pm CST - Not a good day but became bearable after a +6 pt. short during that late day free fall thanks to more Euro news.

RESULTS FOR DAY
ES Contracts:72
Net $P/L:-389
Wins:3
Losses:6
Win%:33
Avg$Win:1112
Avg$Loss:-621

Tuesday, November 15, 2011

Tues. 11/15

2:15pm CST - Doesn't take much to improve from yesterday's performance.

RESULTS FOR DAY
ES Contracts:24
Net $P/L:1037
Wins:2
Losses:1
Win%:67
Avg$Win:829
Avg$Loss:-621

Monday, November 14, 2011

Mon. 11/14

2:55pm CST - One of those days.


RESULTS FOR DAY
ES Contracts:34
Net $P/L:-2639
Wins:0
Losses:4
Win%:0
Avg$Win:0
Avg$Loss:-660

Friday, November 11, 2011

Fri. 11/11

3:15pm CST - Shouldn't have wasted my time today sitting through Veterans Day action. Very muted. P/L went up and down a couple times and closed under water. Oh well. For the week, net gain of +$2295.

RESULTS FOR DAY
ES Contracts:34
Net $P/L:-214
Wins:3
Losses:3
Win%:50
Avg$Win:334
Avg$Loss:-406

Thursday, November 10, 2011

Thurs. 11/10

12:10pm CST - Two and done today.


RESULTS FOR DAY
ES Contracts:12
Net $P/L:794
Wins:2
Losses:0
Win%:100
Avg$Win:397
Avg$Loss:0

Wednesday, November 9, 2011

Wed. 11/09

3:15pm CST - Lots of trades today. I decided after I was up ~$600 to trade only 1 or 2 lots. I may do more of that. Reduces the risk of giving it all back but allows continued trading when signals appear and the stars align.


RESULTS FOR DAY
ES Contracts:42
Net $P/L:715
Wins:5
Losses:4
Win%:56
Avg$Win:364
Avg$Loss:-276

Tuesday, November 8, 2011

Tues. 11/08

3:00pm CST - Tough day... an early short had me up $500 but then the next long wouldn't fill me at my 2 pt. target even after trading my price, so I lowered my target a tick but I was too late and I stopped out at BE. Final trade got to half of target before stopping for a 1.5 pt. loss.

RESULTS FOR DAY
ES Contracts:18
Net $P/L:28
Wins:1
Losses:2
Win%:33
Avg$Win:509
Avg$Loss:-240

Monday, November 7, 2011

Mon. 11/07

12:50pm CST - Tried out a new fading strategy today that I've been working on. So far, so good.


RESULTS FOR DAY
ES Contracts:20
Net $P/L:973
Wins:3
Losses:1
Win%:75
Avg$Win:330
Avg$Loss:-16

Friday, November 4, 2011

Brokers (cont.)

"Call it the mother of all margin calls: Up to 50,000 former customers of bankrupt broker MF Global must find some $1 billion in additional collateral almost overnight, or be forced out of their trades." (Source)

Wednesday, November 2, 2011

Brokers

The MF Global debacle is sickening. I used to have an account there years ago. Glad I don't now! Heads should certainly roll if customer segregated funds were indeed "borrowed" by the firm. CME is to blame too since they should have caught this in an audit.

This data ranks all the FCMs by amount of customer funds as of August 2011. If MF Global did lose $700 million in client funds, as some have said, that's about 10% of the total. So hopefully clients get at least 90 cents on the dollar back. CME says they don't know how much is missing so this is all premature of course. But it is still sickening.

On a side note and interesting to me at least, is that my broker OpenECry's growth in customer funds (now at 81 million) has plateaued. (Source) Maybe being bought by OptionsExpress, which is now owned by Charles Schwab, has hurt growth or maybe it's just the economy?

Monday, October 31, 2011

October Trading Summary

RESULTS FOR OCTOBER
ES Contracts:1242
Net $P/L:233
Wins:108
Losses:53
Win%:67
$Commissions:3254
Avg$Win:270
Avg$Loss:-546

Mon. 10/31

2:45pm CDT - Sad performance on this final day of the month. Was up over a grand and then had a couple full stops in the late day lull. Perhaps I should just not trade in these conditions. But saying that and doing that are two entirely different things. I will be taking the rest of the week off most likely to work more on strategy development.

RESULTS FOR DAY
ES Contracts:106
Net $P/L:-3328
Wins:2
Losses:3
Win%:40
Avg$Win:462
Avg$Loss:-1417

Friday, October 28, 2011

Fri. 10/28

2:25pm CDT - A choppy, go nowhere, less than 10-pt. range ES day. For the week, a whopping net +$149. Enough to buy groceries for the week. :)

RESULTS FOR DAY
ES Contracts:57
Net $P/L:13
Wins:1
Losses:3
Win%:25
Avg$Win:160
Avg$Loss:-49

Thursday, October 27, 2011

Thurs. 10/27

2:25pm CDT - Near perfect moves in ES today. Didn't get any size on due to shallow retraces but 1 short followed by 2 longs was fine for the day.

RESULTS FOR DAY
ES Contracts:3
Net $P/L:455
Wins:3
Losses:0
Win%:100
Avg$Win:151
Avg$Loss:0

Wednesday, October 26, 2011

Wed. 10/26

2:45pm CDT - Up $500 then I had 2 max-size stops in a row losing $5k. That has never happened in all my backtesting of this strategy. I could blame the EU but what's the point? At least the next 5 trades got half of the loss back.


RESULTS FOR DAY
ES Contracts:92
Net $P/L:-1841
Wins:8
Losses:2
Win%:80
Avg$Win:391
Avg$Loss:-2484

Tuesday, October 25, 2011

Tues. 10/25

2:45pm CDT - Tough day and market felt like a totally different instrument that yesterday. Nothing like EU news to shake things up. Luckily I sat out the early morning gyrations. After that, the ying and yang were just off enough to throw my strategy into conservative mode and I exited many trades at/near breakeven only to see price then move as expected.

RESULTS FOR DAY
ES Contracts:91
Net $P/L:512
Wins:4
Losses:4
Win%:50
Avg$Win:180
Avg$Loss:-53

Monday, October 24, 2011

Mon. 10/24

2:50pm CDT - Very slow, low volume day. Volume just barely beat Columbus Day on the ES. Most of my trades worked albeit very very slowly. Patience wins.

On another note, I scrolled through ZS charts and recorded what would have been if I had continued trading my old dog ZSRO system. Very doggy lately!


RESULTS FOR DAY
ES Contracts:15
Net $P/L:1011
Wins:3
Losses:1
Win%:75
Avg$Win:344
Avg$Loss:-21

Friday, October 21, 2011

Fri. 10/21

1:50pm CDT - Packing it in for the week a little early. ES action is too spurty and thin for my liking. For the week, net loss of -$1563. I take some console in knowing it would have been +2.6k or so if not for my f*ck up Tues.

RESULTS FOR DAY
ES Contracts:11
Net $P/L:1484
Wins:6
Losses:0
Win%:100
Avg$Win:247
Avg$Loss:0

Thursday, October 20, 2011

Thurs. 10/20

2:40pm CDT - Was up ~800 before a max size stop out early afternoon. I've had my fill of those for the week, thank you very much.

RESULTS FOR DAY
ES Contracts:72
Net $P/L:-1601
Wins:5
Losses:5
Win%:50
Avg$Win:193
Avg$Loss:-514

Wednesday, October 19, 2011

Wed. 10/19

2:25pm CDT - Yesterday's history, a new day dawns. But it was good to vent as I was really pissed at myself. Nice calm market action today made for a good day. Only traded once after Beige book release and could have taken a few more signals that would have been winners but there's always tomorrow and the day after that and the day after that and the day after that...

RESULTS FOR DAY
ES Contracts:48
Net $P/L:1899
Wins:5
Losses:2
Win%:71
Avg$Win:397
Avg$Loss:-42

Tuesday, October 18, 2011

Tues. 10/18

3:05pm CDT - Unfreakin’ believable – I made a rookie trade that is so unforgivable there should be some kind of punishment for it, besides loss of capital. It was not part of my strategy and I took it just because I didn’t believe the move up around 2:10 CDT would continue. Fading strong, momentum, high-volume moves with large size is as dumb as it gets. Granted I didn’t know about the Europe bailout plan news until after the fact but still! Then a revenge trade right after that could have been much worse but I wised up and exited with a 2 tick loss. -$4200 was the total cost of the trades that should not have existed and wipes out the previous 4 days worth of gains.

Other than that, it should have been a breakeven or slightly up day. I did have a legitimate max-size stop out early in day but had worked my way back to down just $150 when my brilliant fade idea materialized.


RESULTS FOR DAY
ES Contracts:134
Net $P/L:-4339
Wins:6
Losses:5
Win%:55
Avg$Win:392
Avg$Loss:-1339

Monday, October 17, 2011

Mon. 10/17

2:45pm CDT - A very slow grind down all day. Didn't get much size on due to shallow retraces but didn't take much heat on any trades either.

RESULTS FOR DAY
ES Contracts:7
Net $P/L:994
Wins:4
Losses:0
Win%:100
Avg$Win:249
Avg$Loss:0

Below is a look back I did over weekend of my results with my ES strategy for first 4 weeks (20 days) trading it. During that time I had 6 max-size stop outs which account for 89% of my losses. If I can keep those to less than 5% of my total trades, things should work well going forward. I decided not to post my backtested P/L curve that I mentioned a few weeks ago because what I've been doing in live trading is slightly different so what's the point...
Net $P/L:12549
Wins:121
Losses:61
Win%:66
Avg$Win:257
Avg$Loss:-305

Friday, October 14, 2011

Fri. 10/14

2:30pm CDT - Another slow, low volume day. 10.5 pt. daily range in ES (with 45 min. to go) is the tightest session since July 26th. Took a couple early exits after being lulled to sleep. For the week, net gain of +$4781.

RESULTS FOR DAY
ES Contracts:15
Net $P/L:823
Wins:4
Losses:1
Win%:80
Avg$Win:211
Avg$Loss:-21

Thursday, October 13, 2011

Thurs. 10/13

2:45pm CDT - Nearly got burned on the final hour selloff but escaped unscathed. Good day overall.

Foreign-Exchange Traders (Source) are among the "World's Most Influential Players." Who knew?! I only posted this as it says 30% have success. That beats the 10% that we often hear sited...

"Main Street's appetite for trading currencies keeps growing, despite government warnings about excessive risk. Individual investors make up about 8 percent of the Forex market worldwide and execute $315 billion in trades daily, up from 2 percent and $38 billion in 2004, according to Aite Group. But -- ahem -- only about 30 percent of do-it-yourselfers make money in their accounts, according to data from brokerage firms. This summer the SEC warned that currency trading wasn't appropriate for all investors, and U.S. regulators have drafted new rules to curtail trading risk. But Aite analyst Javier Paz says that any new guidelines are not likely to slow the stampede: He expects more growth over the next few years, as additional U.S. banks and securities firms begin catering to individual foreign-exchange traders."

RESULTS FOR DAY
ES Contracts:73
Net $P/L:1758
Wins:7
Losses:3
Win%:70
Avg$Win:269
Avg$Loss:-42

Wednesday, October 12, 2011

Wed. 10/12

2:30pm CDT - Volume is still low but ramping up a bit from the past few days. FOMC minutes didn't add much action to the day and I played it safe and stayed on the sidelines just before and after the release.

RESULTS FOR DAY
ES Contracts:25
Net $P/L:1010
Wins:5
Losses:1
Win%:83
Avg$Win:210
Avg$Loss:-42

Tuesday, October 11, 2011

Tue. 10/11

3:15pm CDT - Felt like Columbus Day Part II. Another low volume day with lots of chop. Fading every swing after the first hour would have been gold today. But I did okay, all considered.


RESULTS FOR DAY
ES Contracts:99
Net $P/L:803
Wins:4
Losses:6
Win%:40
Avg$Win:256
Avg$Loss:-37

Monday, October 10, 2011

Mon. 10/10

2:50pm CDT - Yawn - Columbus Day action.

RESULTS FOR DAY
ES Contracts:5
Net $P/L:387
Wins:2
Losses:1
Win%:67
Avg$Win:196
Avg$Loss:-5

Friday, October 7, 2011

Fri. 10/07

3:00pm CDT - Up, down, up today - up $800, then down to -$1600, and ended on $100. For the week, net gain of +$193. If not for EU news burning me again, it would have been a nice week. But it wasn't negative which is all that really matters.


RESULTS FOR DAY
ES Contracts:72
Net $P/L:99
Wins:9
Losses:2
Win%:82
Avg$Win:292
Avg$Loss:-1263

Thursday, October 6, 2011

Thurs. 10/06

2:00pm CDT - Another calmer day and everything was working. Content to close up shop early as I'm back to even on the week.

RESULTS FOR DAY
ES Contracts:33
Net $P/L:2051
Wins:8
Losses:1
Win%:89
Avg$Win:262
Avg$Loss:-42

Wednesday, October 5, 2011

Wed. 10/05

2:45pm CDT - More muted action today which was fine by me after yesterday.

RESULTS FOR DAY
ES Contracts:76
Net $P/L:763
Wins:4
Losses:4
Win%:50
Avg$Win:233
Avg$Loss:-43

Tuesday, October 4, 2011

Tues. 10/04

3:20pm CDT - My strategy doesn't like days like today. Took 2 full stops on max size which never makes for a good day. But during the late day rocket launch which I missed out on, I did think of another related strategy to test out. Who knows where that will lead me.


RESULTS FOR DAY
ES Contracts:107
Net $P/L:-4530
Wins:8
Losses:6
Win%:57
Avg$Win:263
Avg$Loss:-1106

Monday, October 3, 2011

Mon. 10/03

2:20pm CDT - As I get up on the day, I want to play more conservatively and circumvent my strategy guidelines (i.e. taking profits early). I need to stay focused on the bigger picture and take the trades as they come. This afternoon I shortchanged myself 4.5 ES points on a 4-lot that was there for the taking.


RESULTS FOR DAY
ES Contracts:101
Net $P/L:1810
Wins:10
Losses:3
Win%:77
Avg$Win:202
Avg$Loss:-70

Friday, September 30, 2011

Quarter 3 2011 Trading Results

September Trading Summary

Note: No trades the first half of the month

RESULTS FOR SEPTEMBER
ES Contracts:716
Net $P/L:7574
Wins:60
Losses:33
Win%:65
$Commissions:1876
Avg$Win:269
Avg$Loss:-260

Fri. 9/30

3:05pm CDT - After I got back yesterday's loss, I played pretty conservatively. Something about end of a week, month, quarter that makes you want to go out on a high note. Net gain for the week, $5497.

RESULTS FOR DAY
ES Contracts:113
Net $P/L:2016
Wins:8
Losses:4
Win%:67
Avg$Win:279
Avg$Loss:-53

Thursday, September 29, 2011

Thurs. 9/29

2:50pm CDT - Very tough day. I should have just quit at lunchtime when I was down 70 bucks because nothing was working. Maybe it's Rosh Hashanah's fault with many traders taking the day off? Action was very spurty/spazzy. Took a full stop out on max size in afternoon and only recovered half of that from there. Bring on tomorrow!

Happy Rosh Hashanah to my Jewish friends!


RESULTS FOR DAY
ES Contracts:111
Net $P/L:-1166
Wins:5
Losses:5
Win%:50
Avg$Win:297
Avg$Loss:-530

Wednesday, September 28, 2011

Wed. 9/28

2:55pm CDT - Tough day, churned lots of contracts. Then when market action finally started responding as my strategy expects, I cut some winners short figuring we would remain choppy. And while I'm complaining, I really need to hold trades in the final half hour. There's been some monster runs there lately! Don't get me wrong, I'm happy with result but left double that on the table.

RESULTS FOR DAY
ES Contracts:120
Net $P/L:1398
Wins:5
Losses:6
Win%:45
Avg$Win:334
Avg$Loss:-45

Tuesday, September 27, 2011

Tues. 9/27

2:45pm CDT - Not bad considering I was in a position and unable to place, move or cancel orders either via Internet or telephone for a half hour. Luckily it was during the late morning doldrums or I could have been down $2500 today. OEC has been rock solid lately for as long as I can remember but this morning was not fun.

RESULTS FOR DAY
ES Contracts:51
Net $P/L:1016
Wins:3
Losses:3
Win%:50
Avg$Win:374
Avg$Loss:-35

Monday, September 26, 2011

Mon. 9/26

1:40pm CDT - Fine tuned my strategy slightly over weekend. Worked well today. When I finish backtesting I'll post the hypothetical P/L curve, hopefully by end of week.

RESULTS FOR DAY
ES Contracts:45
Net $P/L:2232
Wins:5
Losses:2
Win%:71
Avg$Win:463
Avg$Loss:-42

Friday, September 23, 2011

Fri. 9/23

2:40pm CDT - Good end to my first week back. Got some tweaks to my strategy to test out this weekend. For the week, net gain of $2077.

RESULTS FOR DAY
ES Contracts:63
Net $P/L:1910
Wins:9
Losses:4
Win%:69
Avg$Win:220
Avg$Loss:-19

Thursday, September 22, 2011

Thurs. 9/22

3:25pm CDT - This day came sooner than expected but given the craziness in the markets today, I’m not that surprised. I took 2 max stop losses with full size on (-$2500 each in this case). In backtesting, that typically happens about once a week. The EU was to blame for the 2nd one today as I was short when they announced they would recapitalize the banks or some such crap at ~1:22 CDT. This week so far has been good at giving me some "in the trenches" feedback with my strategy and ideas I need to test on how to reduce the discretionary part of it. I had a $2600 unrealized gain on one long trade, for example, that I was sure was going higher. I stopped out at breakeven. Unacceptable.

RESULTS FOR DAY
ES Contracts:148
Net $P/L:-2563
Wins:10
Losses:6
Win%:63
Avg$Win:255
Avg$Loss:-852

Wednesday, September 21, 2011

Wed. 9/21

2:30pm CDT - Did a great job sitting on my hands during the half hour before and after the FOMC news. Couple trades after that ended the day nicely although I just now am seeing a final short I could have made but there are always going to be missed trades. Hopefully I mostly miss the losing ones.

RESULTS FOR DAY
ES Contracts:18
Net $P/L:1078
Wins:6
Losses:0
Win%:100
Avg$Win:180
Avg$Loss:0