10:20am CDT - Took 2 early losses, ~$1700 total, and then had a nice long trade that came within 2 ticks of breakeven for the day. I stubbornly kept my stop just above entry to give trade lots of room to work higher and paid the price when price worked lower to stop me out. Calling it a day early to work on strategies. For the week, net loss
-$159.
Net breakdown (contracts traded):
ZS -$21(4), NQ -$1743(45)
| RESULTS FOR DAY |
|---|
| Contracts: | 49 |
| Net $P/L: |
-1764 |
| Wins: |
1 |
| Losses: |
5 |
| Win%: | 17 |
| Avg$Win: |
224 |
| Avg$Loss: |
-398 |
This infographic tells us what we all know but most passive investors do not...
The Myth of the Successful Money Manager
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Thanks for the link, very interesting and a reminder that this is *&^ing difficult ( so I mustn't beat myself up too much on a bad day). Sorry about the result today. I've been impressed with your recent changes. Great blog, honesty and integrity. Have a good weekend and hope you have better time next week.
ReplyDeleteAre you trying to cheer us up?
ReplyDelete;-)
With that article that is...
DeleteThanks George - yes it is freakin' difficult isn't it? But as they say, if it were easy, everyone would do it!
ReplyDeleteAlways good cheer all around here Michael. Life is short...