Friday, December 17, 2010

Fri. 12/17

1:30pm CST - Another tough day fighting the pre-holiday dead volume tapes! Some things worked, others didn't. 4 ticks slippage on one ZS entry ($300)! I was my own worst enemy on some trades like this euro trade that lured me into submission after 45 minutes:


Net breakdown (contracts traded):
ZS $1213(12), ZW -$143(6), GCL -$1422(14), 6E $266(2), RLM -$1043(15)
RESULTS FOR DAY
Contracts:49
Net $P/L:-1130
Wins:5
Losses:10
Win%:33
Avg$Win:338
Avg$Loss:-282

For the week, net was $4760 in beans, -$1083 in wheat, -$195 in mini-Russell, -$3252 in crude, $259 in euro. Doing an early look back on the year, basically all my profits came from ZS, around $24k.

2 comments:

  1. Hi Gearhead, unless you didn't follow your plan that trade shown in the chart is OK. It's so easy, and dangerous, to beat ourselves up for not being psychics and nailing those perfect entries and exits most of the time. It's just one freakin' trade out of a whole month of trades. I know ... because I tell myself that a lot. And its absolutely true. Oh, by the way, congrats on that winning trade. A lot of others lost money inside those very same bars you made money on.

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  2. Thanks for reminder YM! I am my own worst critic at times and seeing the potential this trade had in hindsight, pushes me to strive for more.

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