1:45pm CST - Crazy day in the grains today. Not only was it contract rollover but all the prices rolled over and died as well and closed limit down thanks to anticipation over the
USDA crop report! The moves were huge and I traded abysmally. I was up nearly $2k, lost all that, then rallied back most of loss. Lesson of day: tight stops don't work so well when volatility is high. I switched to May contract in Corn today and will do so for Wheat and Soybeans tomorrow.
Net breakdown (contracts traded):
ZS $1897(20), ZW -$791(20), ZC $84(20), CL $312(4)
| RESULTS FOR DAY |
|---|
| Contracts: | 64
|
| Net $P/L: | 1503 |
| Wins: | 7
|
| Losses: | 8
|
| Win%: | 47 |
| Avg$Win: | 568 |
| Avg$Loss: | -309
|
Posts
:-) It's a green day! Be happy!! :-)
ReplyDeleteBut I want to happIER!! :)
ReplyDeleteIt's good to hear that trading "abysmally" made for an over $1k day. Imagine what that will mean when you do it right:> The key thing I see is that avg gain vs. avg loss stst. Good job.
ReplyDelete