November Trading Summary

 Net breakdown (contracts traded):
6E $545(1), ES $27(4), ZS -$1797(11), CL -$1705(42)

RESULTS FOR NOVEMBER
Contracts:	58
Net $P/L:	-2930
Wins:	18
Losses:	36
Win%:	33
$Commissions:	260
Avg$Win:	119
Avg$Loss:	-141

Sim Trades

Past couple days I've been testing a scalping idea using the Stage 5 Trade Analyzer.  This is a great tool for analyzing MFE and MAE (reported in ticks) over a collection of trades.  Not sure what this may lead me to but as I've always said, you can't manage what you can't measure.

Note these are SIM trades...
11/24

11/25

Fantasy Football

I've always laughed at friends who waste their time with fantasy football leagues.  Looks like some people laugh all the way to the bank!

Thurs. 11/20

2:05pm CST - Taking a break from live trading until after Thanksgiving.

RESULTS FOR DAY
CL Contracts:	3
Net $P/L:	7
Wins:	1
Losses:	2
Win%:	33
Avg$Win:	206
Avg$Loss:	-100

Wed. 11/19

2:10pm CST - Well this week isn't going as planned.  I lost at least 5 ticks on slippage alone today on CL.

 

Net breakdown (contracts traded):
CL -$373(3), ZS $7(1)

RESULTS FOR DAY
Contracts:	4
Net $P/L:	-366
Wins:	1
Losses:	3
Win%:	25
Avg$Win:	7
Avg$Loss:	-125

Tues. 11/18

1:50pm CST - Tough day with volume split between Z and F contracts, with slightly more on F after lunch so I moved over to that.

RESULTS FOR DAY
CL Contracts:	3
Net $P/L:	-303
Wins:	0
Losses:	3
Win%:	0
Avg$Win:	0
Avg$Loss:	-101

Mon. 11/17

2:00pm CST - Back on the horse testing my better defined system. It eliminates most of the discretion but not all.  That last bit is really hard to get rid of but with some more programming and backtesting, it may be possible.  Today's CL action was muted but I had 14 ticks MFE on a couple trades at least before calling it a day.

RESULTS FOR DAY
CL Contracts:	2
Net $P/L:	11
Wins:	2
Losses:	0
Win%:	100
Avg$Win:	5
Avg$Loss:	0

Mon. 11/10

11:40am CST - Unfreakin' believable. I've had good luck for awhile on monthly crop report days. That is history after today.  No chart to show because it's too ugly, unless you like seeing how to lose $1472 in just 2.5 min.  Perhaps this is the final straw I needed to draw to get focus back on system/mechanical trading only.  If you put "discretionary" in the search box on this blog, you'll see how many times I've flip flopped between system and discretionary trading focus.  This is just one example, http://mbagearhead.blogspot.com/2014/01/fri-131-final-day.html. 

RESULTS FOR DAY
ZS Contracts:	3
Net $P/L:	-1472
Wins:	0
Losses:	3
Win%:	0
Avg$Win:	0
Avg$Loss:	-491

Fri. 11/07

3:10pm CST - For the week, net -$807.

Net breakdown (contracts traded):
CL $178(5), ES $27(4)

RESULTS FOR DAY
Contracts:	9
Net $P/L:	205
Wins:	4
Losses:	5
Win%:	44
Avg$Win:	139
Avg$Loss:	-70

Thurs. 11/06

2:15pm CST - 6E system trade bailed out my discretionary mess. Current thinking, subject to change, is I need to get much more mechanized than I currently am and/or get longer term, aka swing trading.

Net breakdown (contracts traded):
CL -$94(1), ZS -$436(2), 6E $545(1)

RESULTS FOR DAY
Contracts:	4
Net $P/L:	15
Wins:	1
Losses:	3
Win%:	25
Avg$Win:	545
Avg$Loss:	-177

Wed. 11/05

1:50pm CST - Once again I foil my best laid plans.  The 1st CL and 1st ZS trades had potential for a really nice day...

Net breakdown (contracts traded):
CL -$298(4), ZS $103(4)

RESULTS FOR DAY
Contracts:	8
Net $P/L:	-194
Wins:	3
Losses:	5
Win%:	38
Avg$Win:	73
Avg$Loss:	-83

Tues. 11/04

12:55pm CST - No excuse today. Revenge trading at its finest. No patience!

RESULTS FOR DAY
CL Contracts:	7
Net $P/L:	-901
Wins:	0
Losses:	5
Win%:	0
Avg$Win:	0
Avg$Loss:	-180

Mon. 11/03

5:15pm CST - No time to post until now and OEC had Nymex issues late today so chart is incomplete. Interestingly, their Demo platform had Nymex quotes and DOM worked fine, just not the Live platform.  Trading was futile overall.  Too many stopouts.

RESULTS FOR DAY
CL Contracts:	14
Net $P/L:	68
Wins:	6
Losses:	7
Win%:	46
Avg$Win:	100
Avg$Loss:	-76

Scalping

I recently listened to a recording by a successful scalper affiliated with Jaguar Trading Club.  I have no association with them but they've been on my blogroll for ages.  Anyways, here's a couple screen shots of the recording that I found inspirational/educational for what it's worth.  The trader, Kenneth, did say that results do not include commissions. Results are trading in the CL and FDAX over past year.