Tuesday, April 5, 2011

Tues. 4/05

2:00pm CDT - Over last 8 trading days, I have had 3 winners and 30 losers. Ouch. At least I had 1 of those winners today (ZS on long side). The race is not always to the swift, but to those who keep on running.

Net breakdown (contracts traded):
ZS -$66(10), CL -$552(5)
RESULTS FOR DAY
Contracts:15
Net $P/L:-66
Wins:1
Losses:6
Win%:14
Avg$Win:949
Avg$Loss:-169
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3 comments:

  1. AnonymousApril 5, 2011 at 2:49 PM

    Must be nice not to have depend on trading to pay bills, unfortunetly most of us dont have that privilage. So we either find a job or keep trading and live on street.

    ReplyDelete
  2. YM-TraderApril 5, 2011 at 3:19 PM

    It's easy to get discouraged in this business. Most of that comes from having the wrong expectations when we start. If all the vendors, gurus, mentors, and educators were right we'd all be in the green from the start. But then nobody wants to pay good money for "hard work and effort", do they? Reality sets in, and those who develop the right attitude come out ahead eventually. You're on the right path.

    ReplyDelete
  3. Sith-TraderApril 5, 2011 at 9:54 PM

    I liked your mindset MBA, keep goin :)

    I wondered if Anon is jealous?
    But I agree, not much of us had massive capital like you, so keep exploit your edge then..lol

    ReplyDelete

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