Wednesday, June 3, 2015

Wed. 6/03

1:55pm CDT - Well my early exit on 6E yesterday ended up making me an extra 7 ticks. Rewarded again for not following my rules! Today had 2 6E trades and I messed up on 1st one by miscalculating the target which cost me 20 ticks, then I just plain skipped the signal on the 2nd which cost me another 20 ticks, or $500 total.  I skipped this solely because I thought it was going to be a bad trade. Like I know these things!  I am glad to see this system getting a lot more signals lately, 27 already this year vs. 19 for all of 2015. And the mistakes overriding the system this week have been just about a wash.  The theoretical gain for the 5 trades this week was $1117 vs. $1221 for my actual gain on the 4 mismanaged trades I took. Perhaps this is close enough to even that I will get back to taking all signals and following the damn rules!
Net breakdown (contracts traded):
CL $195(4), 6E $333(1)
RESULTS FOR DAY
Contracts:5
Net $P/L: 528
Wins: 4
Losses: 1
Win%:80
Avg$Win: 165
Avg$Loss: -134

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