MBAGearhead Trading Journey: September 2014

Tuesday, September 30, 2014

Quarter 3 2014 Trading Results

September Trading Summary

Net breakdown (contracts traded):
ZS -$455(17), CL -$341(115)

RESULTS FOR SEPTEMBER
Contracts:	132
Net $P/L:	-796
Wins:	53
Losses:	72
Win%:	42
$Commissions:	603
Avg$Win:	88
Avg$Loss:	-76

2:40pm CDT - Tried a new tweaked method for CL. Better results but not sold yet. More work to do. I was surprised the 11am "Small Grains Summary" moved the large grains, corn and beans as much as it did. Or maybe it was the "Grain Stocks" report? Who cares. I took advantage for 2 quick trades.

Net breakdown (contracts traded):
ZS $289(2), CL $259(7)

RESULTS FOR DAY
Contracts:	9
Net $P/L:	548
Wins:	8
Losses:	1
Win%:	89
Avg$Win:	78
Avg$Loss:	-75

Monday, September 29, 2014

Mon. 9/29

1:50pm CDT - CL chart too messy to show (or clean up) with all the "ghost" fill triangles thanks to a continued bug in the trading platform. I reported it 4 months ago. Three ZS trades shown below which sums up how my day went rather well.

Net breakdown (contracts traded):
ZS -$141(3), CL -$255(26)

RESULTS FOR DAY
Contracts:	29
Net $P/L:	-397
Wins:	8
Losses:	16
Win%:	33
Avg$Win:	76
Avg$Loss:	-63

Friday, September 26, 2014

Fri. 9/26

1:50pm CDT - Nothing stuck long enough to even trail stop to BE. Should have been more patient and saved some trades for later in the day. For the week, net gain +$407.

RESULTS FOR DAY
CL Contracts:	11
Net $P/L:	-509
Wins:	0
Losses:	9
Win%:	0
Avg$Win:	0
Avg$Loss:	-57

Thursday, September 25, 2014

Thurs. 9/25

1:55pm CDT -

RESULTS FOR DAY
CL Contracts:	8
Net $P/L:	404
Wins:	4
Losses:	4
Win%:	50
Avg$Win:	156
Avg$Loss:	-55

Wednesday, September 24, 2014

Wed. 9/24

1:35pm CDT - No good reason not to hold the last trade longer. This has been one of my biggest problems over the years but I do feel I am making some headway of late. Just for kicks, to finish the year at breakeven, I need to average +$260 daily net gain for rest of year. Doable.

RESULTS FOR DAY
CL Contracts:	10
Net $P/L:	206
Wins:	4
Losses:	6
Win%:	40
Avg$Win:	138
Avg$Loss:	-58

Tuesday, September 23, 2014

Tues. 9/23

1:50pm CDT -

RESULTS FOR DAY
CL Contracts:	1
Net $P/L:	306
Wins:	1
Losses:	0
Win%:	100
Avg$Win:	306
Avg$Loss:	0

Thursday, September 18, 2014

Thurs. 9/18

2:50pm CDT - More trade examples in the "nothing is easy" department. No trades Mon.-Wed. Been working on strats. More work to do to start turning my ship around.

Net breakdown (contracts traded):
ZS -$255(1), CL $6(1)

RESULTS FOR DAY
Contracts:	2
Net $P/L:	-250
Wins:	1
Losses:	1
Win%:	50
Avg$Win:	6
Avg$Loss:	-255

Friday, September 12, 2014

Fri. 9/12

1:50pm CDT - For the week, net -$1169.

Net breakdown (contracts traded):
ZS -$105(1), CL -$173(3)

RESULTS FOR DAY
Contracts:	4
Net $P/L:	-279
Wins:	1
Losses:	3
Win%:	25
Avg$Win:	46
Avg$Loss:	-108

Thursday, September 11, 2014

Thurs. 9/11

1:35pm CDT - Traded crop report and did fine with the first trade. After that, not so much.

RESULTS FOR DAY
ZS Contracts:	9
Net $P/L:	-274
Wins:	3
Losses:	6
Win%:	33
Avg$Win:	120
Avg$Loss:	-106

In other news, CME is finally banning "Disruptive market practices." Reading more about this, it's criminal that they ignored this for so long. Larry Levin sums it up well here.

Wednesday, September 10, 2014

Wed. 9/10

1:50pm CDT - Buy high, sell low. Piss poor trading today, especially the 2nd to last trade where I tried to catch a falling knife thinking support from yesterday would hold there. Inventory report selloff trumped that idea...

RESULTS FOR DAY
CL Contracts:	6
Net $P/L:	-657
Wins:	1
Losses:	5
Win%:	17
Avg$Win:	6
Avg$Loss:	-132

Tuesday, September 9, 2014

Tues. 9/09

7:55pm CDT - Didn't safe "official" fills before shutting down earlier so had to draw them in.

RESULTS FOR DAY
CL Contracts:	1
Net $P/L:	406
Wins:	1
Losses:	0
Win%:	100
Avg$Win:	406
Avg$Loss:	0

Monday, September 8, 2014

Mon. 9/08

1:50pm CDT - A few noteworthy exits marked on chart.

RESULTS FOR DAY
CL Contracts:	8
Net $P/L:	-366
Wins:	2
Losses:	6
Win%:	25
Avg$Win:	11
Avg$Loss:	-65

Friday, September 5, 2014

Fri. 9/05

1:30pm CDT - Overtraded today and realized a flaw with my current method I need to address (which begs the question, how many more are there I haven't yet realized?). For the week, net +$66.