Tuesday, May 10, 2011

Tues. 5/10

1:30pm CDT - Tough day with little movement in beans until the final 15 minutes which I missed. Patience was the name of the game today. A ZS short trade I was in was pure agony as I watched wheat drop 9 cents and corn drop 6. Of course %&#@! beans had no sympathy and only dropped 2! I'll take what I can get...

Net breakdown (contracts traded):
ZS $436(22), CL -$4(1)
RESULTS FOR DAY
Contracts:23
Net $P/L:432
Wins:3
Losses:5
Win%:38
Avg$Win:294
Avg$Loss:-90

4 comments:

  1. "The agony of de..win". Another day in the greens. Lot's of greens is the recipe for a healthy lifestyle I understand. Great job MBA. Patience was key in the YM today too. Unfortunately, after watching the market go nowhere for over an hour I took a 10 minute break, and ... and ... (well you know the punchline). The more I trade the more I understand that success is more about being alert and patient than it is the mechanics. The "how-to" isn't very hard. But you had better have your butt in the chair when the expected setups appear. The market doesn't tolerate laziness. It punishes it.

    ReplyDelete
  2. Nice work MBA.

    YM, only one 10-minute break? :) Not holding a good trade was my punishment today.

    -AT

    ReplyDelete
  3. Thanks guys.
    Lots of greens keeps you regular too YM!

    ReplyDelete