Friday, April 20, 2012

Fri. 4/20

10:40am CDT - Not bad.  Good to be trading again with results like this week (knock on wood).  For the week, net gain of +$1569.
RESULTS FOR DAY
TF Contracts:2
Net $P/L:505
Wins:1
Losses:0
Win%:100
Avg$Win:505
Avg$Loss:0
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5 comments:

  1. Kevin DaveyApril 20, 2012 at 1:36 PM

    1 losing trade all week is great. Seems like you are being more selective, and sitting on your hands a lot. That is one the hardest things to do, but one of the most lucrative.

    I hope next week is just as good!

    ReplyDelete
  2. YM-TraderApril 20, 2012 at 4:14 PM

    Ditto to what Kevin said. Being more selective can be hard too though because we just don't know which ones will ultimately work out. We have our best educated guesses....but no seeing into the future. Every setup is different even if it looks the same because they all involve different players with different motivations. Good job this week MBA.

    ReplyDelete
  3. UnknownApril 20, 2012 at 6:40 PM

    I echo all of the above; I have spent a lot of time studying the trading conditions that offer my best chance for success. Every other "possible" trade bores me.

    @ YM, do you comment over on elite trader? I have not met many other YM traders.

    ReplyDelete
  4. austinpApril 20, 2012 at 7:50 PM

    All those setups look very familiar to me... and I can assure you of this: keep doing what you're doing, don't fall to the temptation of fading = martingale suicide siren songs and the mode you are in right now will print money over time :)

    ReplyDelete
  5. MBAGearheadApril 21, 2012 at 9:51 AM

    Thanks all. Slow and steady...

    ReplyDelete

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