MBAGearhead Trading Journey

A daily chronicle of results of one retail futures trader trading my own accounts. I define myself as a day trader and generally swing for at least a few points most of the time. But I do make the occasional scalp for ticks too.

Friday, February 26, 2010

February Trading Summary

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RESULTS FOR FEBRUARY Contracts: 236 Net $P/L: -1349 Wins: 54 Losses: 91 Win%: 37 Avg$Win: 172 Avg$Loss: -117

Fri.

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5:00pm CST - 3 losers to close out the week. The loss should be half of this but the initial short entry, stopped out so quick after entry ...
Thursday, February 25, 2010

Thurs.

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1:30pm CST - 2 losers. :( Net breakdown (contracts traded): ZS -$333(4) RESULTS FOR DAY Contracts: 4 Net $P/L: -333 Wins: 0 Losses: 1 Win%...
Wednesday, February 24, 2010

Wed.

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1:15pm CST - Stopped out on long side early but the short side worked a bit later today. Net breakdown (contracts traded): ZS $230(4) RESULT...
Tuesday, February 23, 2010

ZS Swingin'

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1:30pm CST - ZS was wild today (now trading the May contract) and it made a $1000+ per contract up move, followed by a $1200+ per contract d...
2 comments:
Monday, February 22, 2010

Lucky Loser

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2:45pm CST - Negative day but was "lucky" and surprised at the fill on one of my stops. 4 ticks POSITIVE slippage! Net breakdown...
3 comments:
Friday, February 19, 2010

Nice short week

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11:00am CST - 1 long signal is all it took in ZS system to shut it down for the day. Net breakdown (contracts traded): ZS $365(2) RESULTS FO...
4 comments:
Thursday, February 18, 2010

Early exit

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2:10pm CST - Took an early exit in hindsight on 2nd trade but followed my system so no complaints. Net breakdown (contracts traded): ZS $204...
Wednesday, February 17, 2010

Ash Wednesday

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2:30pm CST - Good day catching an early morning short. Twice it came within a tick of stopping me out before dropping to target. Net breakd...
Tuesday, February 16, 2010

Fat Tuesday

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2:10pm CST - Plan this week is to only trade ZS following a new system. It is similar to how I was trading it but with specific entry/exit ...
Friday, February 12, 2010

Poor Week

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3:10pm CST - A poor day to end a poor week a little poorer. Will spend part of long weekend determining game plan for next week. RLM syste...
6 comments:
Thursday, February 11, 2010

Thurs.

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2:50pm CST - Worked with charts most of day but placed a few ZS trades. Net breakdown (contracts traded): ZS $10(3) RESULTS FOR DAY Contrac...
Wednesday, February 10, 2010

Done early

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10:30am CST - Quit early today after overtrading ZS. My discipline was just plain lacking today, not to mention my reasons for some entries...
Tuesday, February 9, 2010

Reality Check

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2:50pm CST - I'm officially putting my RLM system on hold as far as trading it. I'll continue to track it but since backtesting res...
3 comments:
Monday, February 8, 2010

Mon. Blues

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3:00pm CST - OK, my RLM system is officially frustrating me! This morning I was up $440 in the first 10 min. of trading. Oh so close to my...
3 comments:
Friday, February 5, 2010

BE Week

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3:00pm CST - It was a breakeven week overall. My RLM system hit $430 at one point today ($70 shy of calling it a day) then proceeded to giv...
2 comments:
Thursday, February 4, 2010

No Beans

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1:40pm CST - No bean trades today as I am still tweaking my rules on that. I see they made some nice swings today I'd like to think I w...
1 comment:
Wednesday, February 3, 2010

Russell Giveth, Beans Taketh

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2:00pm CST - Glad to finish green. Now I REALLY need to refine my ZS rules, mentioned yesterday! I also took the last half of my last RLM ...
Tuesday, February 2, 2010

Groundhog's Day

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1:30pm CST - Although I am my own worst critic, today shows that Groundhog's Day, like the movie, DOES repeat itself. I've had days...
Monday, February 1, 2010

Feb. Start

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3:00pm CST - Daily target hit on RLM just past 9am. One short ZS trade near close (that I didn't hold long enough and left $100+ on tabl...
2 comments:
Friday, January 29, 2010

January Trading Summary

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RESULTS FOR JANUARY Contracts: 199 Net $P/L: 414 Wins: 82 Losses: 74 Win%: 53 Avg$Win: 108 Avg$Loss: -114
4 comments:

An OK Friday

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2:50pm CST - It's nice to have an OK Friday for a change. Nothing to write home about but today I was committed to closing out the week...
Thursday, January 28, 2010

Short day

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3:00pm CST - Another short day, target hit on RLM (sort of). My rules are to stop when I hit plus or minus $500 and I was only at $490. Bu...
2 comments:
Wednesday, January 27, 2010

Fed Day

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1:05pm CST - 2 earlier losers had be down $400 and discouraged but the next 4 trades were winners and put me over the daily trigger to stop ...
1 comment:
Tuesday, January 26, 2010

System nuances

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2:50pm CST - A couple execution errors(?) today cost me some Ben Franklins but that is part of this game we play. It seems OEC and eSignal ...
Monday, January 25, 2010

Mini-Russell

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12:25pm CST - Traded a new system of mine today on the mini-Russell trading 2 lots with initial stop of 10 ticks and targets of 10 and 20 ti...
Friday, January 22, 2010

9 in a row

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10:55am CST - 9 in a row, LOSERS! So ends the week... At least I'm no longer doing "tricks of my past" where I would someti...
3 comments:
Thursday, January 21, 2010

2 Trades

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2:40pm CST - 2 trades and content to sit and watch rest of day. Left 6+ cents on table again on ZS trade. Will I ever learn? Net breakdown...
1 comment:
Wednesday, January 20, 2010

ZS Chop

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2:50pm CST - Gave up $200 in end of day chop on ZS that I thought would breakout but didn't. Otherwise a good day. Net breakdown (contr...
Tuesday, January 19, 2010

Short day

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2:30pm CST - Just traded the first hour and stopped to lock in the gain. No point in giving any back on first day of week. Left up to $500...
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MBAGearhead
Chicago, IL, United States
A former engineer with an MBA that attempts to trade full-time for a living. Also see my First Post.
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