Thursday, May 14, 2015

Thurs. 5/14

1:40pm CDT - Another day I should have quit but the late day surge with volume seduced me in for more.  But it ended up being more chop.  A couple ticks on a few trades made all the difference.
RESULTS FOR DAY
CL Contracts:18
Net $P/L: -499
Wins: 6
Losses: 12
Win%:33
Avg$Win: 68
Avg$Loss: -76
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2 comments:

  1. coryMay 14, 2015 at 7:38 PM

    One simple rule. If you have 3 back-to-back loss then you are way out of sync with the market, time to Retreat, Regroup, and Return the next day.

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  2. MBAGearheadMay 15, 2015 at 1:26 PM

    Easy if that rule is in your plan. But it's not in mine for better or worst, for now at least. Past performance (3 losses in row) is not indicative of future success (next trade).

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