Net breakdown (contracts traded):
ZS -$106(6), ZW $172(3), GCL $1(2)
ZS -$106(6), ZW $172(3), GCL $1(2)
| RESULTS FOR DAY | |
|---|---|
| Contracts: | 11 |
| Net $P/L: | 67 |
| Wins: | 3 |
| Losses: | 2 |
| Win%: | 60 |
| Avg$Win: | 137 |
| Avg$Loss: | -172 |
13 hours ago
Wednesday, December 22, 2010
Wed. 12/22
12:45pm CST - Scratch day. I think I'm done for the week unless I see something tempting tomorrow. I expect things to be uber dead. I really expected little today but ZW surprised me big time. ZS, unlike yesterday or ZW today, was muted.
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Just think of the taxes you saved yourself by exiting when you did. ;-)
ReplyDeleteI feel like your rules are good, but in cases like this the volume was probably a good indicator it was headed on the way up. But then again, I don't know, since I don't watch the tape on contracts like ZS/ZW. So feel free to disregard any dumb comments I make.
ReplyDeleteMaybe add a new number to your numbers you post every day, like "throw away PnL", then write a reason/comment why it was throw away like, "did not pay attention to volume", "did not pay attention to news", etc.
Michael, I like your thinking but most of my trading is in an IRA.
ReplyDeleteTCat, "throw away P/L" would be embarrassingly high. Not sure I could live with seeing that every day! LOL