Monday, August 2, 2010

Mon. 8/02

11:30am CDT - Crappy start to the week and month. Came within 2 ticks of a $1500 day in ZS but it wasn't meant to be. And then my 4 discretionary crude trades were all losers. Still in my drawdown but hope to pop out sometime this week.

Net breakdown (contracts traded):
ZS $805(16), GCL -$1635(8)
RESULTS FOR DAY
Contracts:24
Net $P/L:-830
Wins:1
Losses:5
Win%:17
Avg$Win:1459
Avg$Loss:-458

3 comments:

  1. Hi MBA,
    Did you trade a pure discretion or systematic discretion?

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  2. It is based on a system so I get trigger signals to get in but I don't have hard rules for taking every signal. I need to work on adding some filters and making it a 100% mechanical system. (or not trade it at all perhaps?)

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  3. Yes, I have some discretion too especially on profit taking. Most of the time I will got out too early.

    ReplyDelete