February Trading Summary

Net breakdown (contracts traded):
6E $806(4), ZS -$2045(29), ES -$2716(44)

RESULTS FOR FEBRUARY
Contracts:	77
Net $P/L:	-3955
Wins:	18
Losses:	15
Win%:	55
$Commissions:	293
Avg$Win:	143
Avg$Loss:	-435

Week 2/24 - 2/28

3:40pm CST - Not much to say other than it's tough to win when you don't follow your plan.  That big red opening bar on 2/25 got me to deviate from plan and I threw in towel on week after that.  Overall, beans had a huge week and most anyone could see places on this chart to make a killing.  I am now working on a more "fool-proof" trade plan as well as thinking of longer timeframe systems that I can incorporate into the plan, perhaps even more focus on swing trading.  I know I can follow my rules and I think I may just need more distance away from my recent months of discretionary trading to really put it out of my system for good.  At least that's what I'm thinking right now.

RESULTS FOR WEEK
ZS Contracts:	19
Net $P/L:	-2678
Wins:	1
Losses:	4
Win%:	20
Avg$Win:	239
Avg$Loss:	-729

Week 2/17 - 2/21

4:00pm CST - Would have been an okay week if the high print Friday on ES, 1844.00, had been 1 tick less.

Net breakdown (contracts traded):
ZS $326(9), ES -$2973(42)

RESULTS FOR WEEK
Contracts:	51
Net $P/L:	-2647
Wins:	12
Losses:	11
Win%:	52
Avg$Win:	81
Avg$Loss:	-329

Week 2/10 - 2/14

3:10pm CST - A bean trade Monday and ES trade yesterday and today.  Nice of my broker to add VX data (CBOE Volatility Index).  I didn't have access to that before.  1-hr chart for past couple weeks shown.

Net breakdown (contracts traded):
ZS $307(1), ES $257(2)

RESULTS FOR WEEK
Contracts:	3
Net $P/L:	564
Wins:	3
Losses:	0
Win%:	100
Avg$Win:	188
Avg$Loss:	0

Week 2/03 - 2/07

2:20pm CST - A couple Euro system trades gave me something to report. :)

RESULTS FOR WEEK
6E Contracts:	4
Net $P/L:	806
Wins:	2
Losses:	0
Win%:	100
Avg$Win:	403
Avg$Loss:	0

For the Love of Money

A good read from the New York Times a couple weeks ago...

"IN my last year on Wall Street my bonus was $3.6 million — and I was angry because it wasn’t big enough. I was 30 years old, had no children to raise, no debts to pay, no philanthropic goal in mind. I wanted more money for exactly the same reason an alcoholic needs another drink: I was addicted...."