Tuesday, October 4, 2011

Tues. 10/04

3:20pm CDT - My strategy doesn't like days like today. Took 2 full stops on max size which never makes for a good day. But during the late day rocket launch which I missed out on, I did think of another related strategy to test out. Who knows where that will lead me.


RESULTS FOR DAY
ES Contracts:107
Net $P/L:-4530
Wins:8
Losses:6
Win%:57
Avg$Win:263
Avg$Loss:-1106

4 comments:

  1. it's clear strategy can't cope with big news, maybe shutting it down during pending big news is best course of action. That also means deciding what news big enough to avoid is up to human hand then again that doesn't sound like an auto strategy at all.

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  2. Every news is bad news for well defined strategy:)

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  3. TST/Cory, I agree about no one strategy that can factor in big news... on days I'm getting it all wrong, shutting it down is the best thing I can do to trade another day.

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  4. Thanks for comments. EU news has burned me twice now in past 2 weeks - for about $6k. No way to filter out unplanned news however. I wish there was.

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