Thursday, September 20, 2012

Thurs. 9/20

3:45pm CDT - Found no trades on my longer timeframe charts the past couple days so decided to do some live testing today on another method that uses fast charts.  I'm not sure I can really be satisfied trading just slow charts!  We'll see...
Net breakdown (contracts traded):
CL $105(10), ZS -$10(2)
RESULTS FOR DAY
Contracts:12
Net $P/L:95
Wins:5
Losses:7
Win%:42
Avg$Win:164
Avg$Loss:-104

2 comments:

  1. Slower charts mean less trade less commission charge, when comes to trading you don't do what satisfies you. You do what give you the money. Just IMHO, good luck :)

    Here's my lame post, maybe it suits you

    http://priceactionpattern.blogspot.com/2012/09/learn-not-to-trade.html

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  2. Sith, you are right, but if one cannot reconcile the two (ie, get to the point where trading satisfaction equates to making money), disaster will inevitably follow. And many people can never get to that point, and thus fall victim to the markets.

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