August Trading Summary

Note: Only traded 7 days first half of month

RESULTS FOR AUGUST
NQ Contracts:	92
Net $P/L:	-2181
Wins:	10
Losses:	19
Win%:	34
$Commissions:	241
Avg$Win:	94
Avg$Loss:	-164

DIY Investor

Came across this 4-page article which most of us can relate very well to.

MF Global - No Fraud

"Chaos and poor risk control?"  Really?  Sounds like the typical reason for loss in any retail day trader's account!  Sad if our brokers can really get away with that as an excuse...

Tues. 8/14 - Timeout

10:00am CDT - OK, I'm in a funk and can't shake it.  No surprise to most of you reading this.  Today's trading is a perfect textable example of how not to trade during chop. And how not to follow your trading plan. Perhaps I'll try something totally different, and something I've never advocated, and trade a demo account for a bit?  See if that will help me work out my "issues."  No live trades for me until the week after Labor Day at the earliest. Let's see if I can stick to a self imposed break.  The markets suck right now anyways.  Comments off because I've heard everything I need to hear already.

RESULTS FOR DAY
NQ Contracts:	30
Net $P/L:	-1559
Wins:	0
Losses:	6
Win%:	0
Avg$Win:	0
Avg$Loss:	-260

Mon. 8/13

3:00pm CDT - Stopped by a tick on that last one...

RESULTS FOR DAY
NQ Contracts:	6
Net $P/L:	-96
Wins:	1
Losses:	2
Win%:	33
Avg$Win:	75
Avg$Loss:	-85

Fri. 8/10

12:35pm CDT - Another mostly dead day.  For the week, net +$261.

RESULTS FOR DAY
NQ Contracts:	8
Net $P/L:	169
Wins:	2
Losses:	1
Win%:	67
Avg$Win:	127
Avg$Loss:	-85

Thurs. 8/09

3:15pm CDT -

RESULTS FOR DAY
NQ Contracts:	4
Net $P/L:	0
Wins:	1
Losses:	1
Win%:	50
Avg$Win:	85
Avg$Loss:	-85

Wed. 8/08

2:40pm CDT - Super dead most of the day!  Is it August?

RESULTS FOR DAY
NQ Contracts:	12
Net $P/L:	9
Wins:	3
Losses:	3
Win%:	50
Avg$Win:	81
Avg$Loss:	-78

Tues. 8/07

2:20pm CDT - Testing yet another system with 2-lots today...

RESULTS FOR DAY
NQ Contracts:	6
Net $P/L:	84
Wins:	2
Losses:	1
Win%:	67
Avg$Win:	85
Avg$Loss:	-85

Fri. 8/03

11:50am CDT - One winning traded just after payrolls report followed by a breakeven one that would have been the trade of the day but it was stopped out just as market took off.  Then 4 losers...  After not trading for a couple days my focus was great but again I am questioning my systems. Look for sporadic trading and blog posts in the near future as I sort out my game plan.

RESULTS FOR DAY
NQ Contracts:	26
Net $P/L:	-788
Wins:	1
Losses:	5
Win%:	17
Avg$Win:	115
Avg$Loss:	-181