RESULTS FOR DAY | |
---|---|
ZS Contracts: | 12 |
Net $P/L: | 1288 |
Wins: | 2 |
Losses: | 1 |
Win%: | 67 |
Avg$Win: | 904 |
Avg$Loss: | -521 |
1 hour ago
A daily chronicle of results of one retail futures trader trading my own accounts. I define myself as a day trader and generally swing for at least a few points most of the time. But I do make the occasional scalp for ticks too.
RESULTS FOR DAY | |
---|---|
ZS Contracts: | 12 |
Net $P/L: | 1288 |
Wins: | 2 |
Losses: | 1 |
Win%: | 67 |
Avg$Win: | 904 |
Avg$Loss: | -521 |
looked at a few od your posts in a row
ReplyDeletethoroughly recommend you look at zs only whixh seems to be your forte
dont try to be a jack of all, take it from me, its tougher than i expected, and it isnt paying off for me
Your second trade was very, very good. I approve. :-)
ReplyDeleteSome trades your system takes I am not too fond of because I think they aren't properly using all the variables presented to you, but that second one is about as good as it gets (although your slippage is a bit too sloppy for my tastes -- it's not bad for a manual trader using market orders.)
-TC
Sandy, glad you agree. It is certainly a balancing act between wanting diversification and a smoother P/L curve vs. pressing only on one market that I seem to do better at.
ReplyDeleteTC, thanks. My system is pretty simple therefore it does not use all variables. Plus there was no slippage on the trades on this chart. Why do you assume I had slippage?
I said slippage because if you zoom deep into that data down to the quote/tape level, your exit isn't near the optimal where the big boys were absorbing/hammering-in-reverse. So your system caught the move at the top level and the setup, but there was some sloppiness on the way out that, I think, wasn't quite in tune with what the tape was streaming.
ReplyDeleteI assumed you market ordered out when you saw the flow reversing and then looked at the difference of your chart vs. where the tape activity was.
-TC
TC, I don't follow the tape, just the charts.
ReplyDelete