Tuesday, December 27, 2016

Tues. 12/27

3:10pm CST - An amazing initial run up that I had no signals for so sat and watched.  Lack of patience on the nil volume rest of day.  Guess I should be happy I'm green.
RESULTS FOR DAY
NQ Contracts:4
Net $P/L: 57
Wins: 3
Losses: 1
Win%:75
Avg$Win: 48
Avg$Loss: -88

In other news, good to see the SEC and other agencies are still looking out for us: www.sec.gov/news/pressrelease/2016-273.html

2 comments:

  1. Hey good trading! I notice when you are selling, you sell before the pullback. Have you considered the pullback instead? I play this from the perspective - what is the best price to sell here. If I sell the lows and it pulls back I am immediately sweating bullets. If I can just sell the pullback failure, I get very quickly into a positive trade.

    Just thinking out loud.

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    Replies
    1. Thanks for the thoughts/ideas. I operate the same on the long side as the short side and have specific signals for entry. Sometimes I'm wrong pretty instantly like today's (12/29) first trade!

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