August Trading Summary

Net breakdown (contracts traded):
ZS -$250(138), CL $46(28), NQ -$1328(461), ES -$206(7)

RESULTS FOR AUGUST
Contracts:	634
Net $P/L:	-1738
Wins:	74
Losses:	105
Win%:	41
$Commissions:	2063
Avg$Win:	268
Avg$Loss:	-206

Fri. 8/30

1:30pm CDT - Was unsure of how day would go with the holiday on Monday but there was lots of action.  I could have managed the couple NQ shorts I took better and held for triple what I got but content to end things here.  For the week, net P/L gain +$20.
Net breakdown (contracts traded):
ZS -$56(6), NQ $699(10)

RESULTS FOR DAY
Contracts:	16
Net $P/L:	643
Wins:	3
Losses:	2
Win%:	60
Avg$Win:	304
Avg$Loss:	-135

Thurs. 8/29

1:30pm CDT - Fought through the drawdown today.  We'll see what the last day of the month brings tomorrow...

Net breakdown (contracts traded):
ZS $384(8), CL $111(2), NQ -$39(15)

RESULTS FOR DAY
Contracts:	25
Net $P/L:	456
Wins:	5
Losses:	4
Win%:	56
Avg$Win:	251
Avg$Loss:	-200

Wed. 8/28

8:20pm CDT - Damn NQ.

Net breakdown (contracts traded):
ZS $415(2), CL $467(3), NQ -$794(30)

RESULTS FOR DAY
Contracts:	35
Net $P/L:	88
Wins:	3
Losses:	5
Win%:	38
Avg$Win:	315
Avg$Loss:	-172

Tues. 8/27

2:30pm CDT - Had a nice gain but gave it all back and a bit more.  It's good to see the volatility return to the markets but I need to widen both stops and targets!
Net breakdown (contracts traded):
ZS $109(8), CL $7(3), NQ -$466(25)

RESULTS FOR DAY
Contracts:	36
Net $P/L:	-350
Wins:	3
Losses:	9
Win%:	25
Avg$Win:	431
Avg$Loss:	-183

Mon. 8/26

1:35pm CDT - Tough going in ZS today with the huge gap from last night.  Price was just too spastic.

Net breakdown (contracts traded):
ZS -$1028(20), NQ $212(5)

RESULTS FOR DAY
Contracts:	25
Net $P/L:	-816
Wins:	4
Losses:	6
Win%:	40
Avg$Win:	164
Avg$Loss:	-246

Fri. 8/23

10:50am CDT - For the week, net -$2418.  It's going to take some time to work off Wed.'s loss.
Net breakdown (contracts traded):
ZS $215(2), NQ $212(5)

RESULTS FOR DAY
Contracts:	7
Net $P/L:	427
Wins:	2
Losses:	0
Win%:	100
Avg$Win:	213
Avg$Loss:	0

Thurs. 8/22

2:40pm CDT - Trade plan revised. Taking it easier and will have fewer trades. 
Net breakdown (contracts traded):
ZS $104(4), NQ $212(5)

RESULTS FOR DAY
Contracts:	9
Net $P/L:	316
Wins:	2
Losses:	1
Win%:	67
Avg$Win:	263
Avg$Loss:	-210

Wed. 8/21

2:00pm CDT - Not a good day sums things up.  But the good take away, besides knowing when to say when, is that my current discretionary approach has little to no edge.  Time to revise the trade plan.  Incidentally, the very next trade that I saw but did not take (-$3k was my uncle point), would have been long NQ after the post FOMC minutes chop and could have netted 20 points.  Trading 5 to 10 lots, as I was doing, that's $2000-4000.  But winning trades don't count unless you take them.

Net breakdown (contracts traded):
ZS -$625(10), CL -$373(3), NQ -$1908(70)

RESULTS FOR DAY
Contracts:	83
Net $P/L:	-2933
Wins:	2
Losses:	16
Win%:	11
Avg$Win:	94
Avg$Loss:	-195

Tues. 8/20

1:35pm CDT - Nearly got back to sea level but NQ was not cooperating.

Net breakdown (contracts traded):
ZS $288(12), CL $7(3), NQ -$1066(25)

RESULTS FOR DAY
Contracts:	40
Net $P/L:	-771
Wins:	4
Losses:	9
Win%:	31
Avg$Win:	211
Avg$Loss:	-180

Mon. 8/19

10:55am CDT -
Net breakdown (contracts traded):
ZS -$102(10), CL -$4(1), NQ $649(10)

RESULTS FOR DAY
Contracts:	21
Net $P/L:	543
Wins:	4
Losses:	4
Win%:	50
Avg$Win:	276
Avg$Loss:	-140

Fri. 8/16

9:45am CDT - Not going to push my luck on a Fri. in August so shutting down early.  For the week, net gain +$918.

Net breakdown (contracts traded):
ZS $115(2), NQ $414(10)

RESULTS FOR DAY
Contracts:	12
Net $P/L:	528
Wins:	2
Losses:	1
Win%:	67
Avg$Win:	351
Avg$Loss:	-173

Thurs. 8/15

1:55pm CDT - A bit of a roller coaster day but stopped at high of day. 

Net breakdown (contracts traded):
ZS $219(6), CL -$208(4), NQ $517(70)

RESULTS FOR DAY
Contracts:	80
Net $P/L:	528
Wins:	10
Losses:	9
Win%:	53
Avg$Win:	275
Avg$Loss:	-247

With the month half over, I am up $133 for August.  Not good but not bad considering my TF System, if I had been trading it, would have had me down -$2200 in Aug. with 3 wins and 12 losses.

A new system I'm considering trading with the 6E trades infrequently but has pretty good results. I will need to create an alarm to tell me when a trade signal may be setting up.

Finally, in trading news: Is Day Trading Really For Suckers?

Wed. 8/14

12:45pm CDT - Chopped up at end of day.

Net breakdown (contracts traded):
ZS $4(4), CL -$8(4), NQ -$477(20)

RESULTS FOR DAY
Contracts:	28
Net $P/L:	-481
Wins:	3
Losses:	7
Win%:	30
Avg$Win:	211
Avg$Loss:	-159

Tues. 8/13

10:45am CDT - A nice NQ short went down another $1000 after I got out. C'est la vie!
Net breakdown (contracts traded):
ZS -$21(4), CL -$159(2), NQ $799(10)

RESULTS FOR DAY
Contracts:	16
Net $P/L:	619
Wins:	3
Losses:	3
Win%:	50
Avg$Win:	329
Avg$Loss:	-123

Mon. 8/12

2:20pm CDT - Fell into a -$1600 hole early on but nearly climbed out thanks to crop report volatility in grains today at 11am.

Net breakdown (contracts traded):
ZS $640(14), NQ -$917(35)

RESULTS FOR DAY
Contracts:	49
Net $P/L:	-276
Wins:	5
Losses:	8
Win%:	38
Avg$Win:	326
Avg$Loss:	-238

Fri. 8/09

1:10pm CDT - For the week, net gain +$575.
Net breakdown (contracts traded):
ZS $54(4), CL $11(2), NQ $136(15)

RESULTS FOR DAY
Contracts:	21
Net $P/L:	201
Wins:	5
Losses:	2
Win%:	71
Avg$Win:	112
Avg$Loss:	-179

Thurs. 8/08

2:15pm CDT - No holes to climb out of today.  Much nicer feeling!  Added CL to the mix.
Net breakdown (contracts traded):
CL $196(1), NQ $511(15)

RESULTS FOR DAY
Contracts:	16
Net $P/L:	706
Wins:	3
Losses:	1
Win%:	75
Avg$Win:	323
Avg$Loss:	-263

Wed. 8/07

2:30pm CDT - Tough day digging an early hole and never climbed out.  Realized I need a few more "rules" on my entries to prevent overtrading.  Traded 5 & 10 lots on NQ.

Net breakdown (contracts traded):
ZS -$631(6), NQ -$230(80)

RESULTS FOR DAY
Contracts:	86
Net $P/L:	-861
Wins:	3
Losses:	11
Win%:	21
Avg$Win:	849
Avg$Loss:	-310

Tues. 8/06

2:00pm CDT - Done before 10am today but I should have worked on holding shorts longer in both symbols.  Still finding discretionary trading a continual work in progress!
Net breakdown (contracts traded):
ZS $90(2), NQ $209(6)

RESULTS FOR DAY
Contracts:	8
Net $P/L:	299
Wins:	3
Losses:	0
Win%:	100
Avg$Win:	100
Avg$Loss:	0

Mon. 8/05

2:25pm CDT - Just a couple bean trades today...

RESULTS FOR DAY
ZS Contracts:	4
Net $P/L:	229
Wins:	2
Losses:	0
Win%:	100
Avg$Win:	115
Avg$Loss:	0

Fri. 8/02

1:35pm CDT - Lots of range in ZS today but I kept getting chopped out.  ES went nowhere.
Net breakdown (contracts traded):
ZS -$841(8), ES -$303(6)

RESULTS FOR DAY
Contracts:	14
Net $P/L:	-1145
Wins:	1
Losses:	7
Win%:	13
Avg$Win:	72
Avg$Loss:	-174

Thurs. 8/01

2:45pm CDT - It's a new month and I've decided to suspend trading my TF system, perhaps permanently, perhaps for just a month or two.  Time will tell.  I've made net $740 on it in 2 months but I feel my discretionary trading has more potential at the moment so I'm going to focus on that for August.  This is partly for selfish reasons.  Ignoring the money, the TF System requires that I exit many trades at the close because they do not hit target or stop out during the day.  It's summer and I'd rather be out doing other things in the middle of the afternoon! Or at least have the option to do so and not be a slave to mechanically following my system.
Net breakdown (contracts traded):
ZS $215(2), ES $97(1)

RESULTS FOR DAY
Contracts:	3
Net $P/L:	312
Wins:	2
Losses:	0
Win%:	100
Avg$Win:	156
Avg$Loss:	0