Followed plan for the most part today. Soybeans were just dead with less than a 6 cent range today. Wish I could know that in advance. Now THAT would be the holy grail!
Net breakdown (contracts traded):
ZS -$962(12), GCL $1393(6)
ZS -$962(12), GCL $1393(6)
RESULTS FOR DAY | |
---|---|
Contracts: | 18 |
Net $P/L: | 432 |
Wins: | 2 |
Losses: | 3 |
Win%: | 40 |
Avg$Win: | 704 |
Avg$Loss: | -325 |
Not bad. Get this: Went short YM yesterday around 1:15 pm. Stopped out at 9957. High for day: 9960.
ReplyDeleteTrade would have gone on for $1400 profit per contract if held till close (and I got out at the bottom of the day which was 9673).
Wow, once again, TIGHT STOPS SUCK, SUCK, SUCK !!
Looks like YM was consolidating/wedging at 1:15EDT. So why didn't you get back in when it turned back your way?
ReplyDeleteExactly....because I'm not "programmed" properly for this....yet.
ReplyDeleteThat's exactly what I should have done....instead of getting PO'd.
It did a classic double-top at 9960. When it couldn't break-out, it broke-down....badly.