Friday, July 2, 2010

Fri. 7/02

2:10pm CDT - I've been aware of a slight flaw(?) in my soybean system that hasn't burnt me until today. Today I traded the plan perfectly but the 2nd bean trade risked 19 ticks to make 3 ticks. This RARELY happens but it did today and despite the high odds of going 3 ticks in one direction before it goes 19 the other, it went the 19 today. So a $500 plus day (the first bean trade) ends negative. A couple crude trades went nowhere for a penny and two pennies each!

Net breakdown (contracts traded):
ZS -$962(12), GCL $42(4)
RESULTS FOR DAY
Contracts:16
Net $P/L:-919
Wins:3
Losses:1
Win%:75
Avg$Win:175
Avg$Loss:-1456

For the week, net was $845 in crude and $530 in beans. Can I have those last few trades back please?

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