Trader P/L 2009

[jimbob42 10]

Nice trade

 

I have to say thanks for the heads up on the ZN and ZB. I've been trying them on Sim with a bit of success so far. Hope it continues when I use real $s

[brownsfan019 17]

Good to hear jimbob.

 

It's interesting for me to watch these multiple markets and see when some markets are moving and others are at a stand still. Good to be involved in the ones that are moving.

[Frank 10]

Today was a day of 'position yourself for a move that doesn't happen' -- liked my entries for the most part -- the moves just never stretched out enough to fill the majority of my exit limit orders -- such is life on the 3rd lowest point range of 2009 --- very boring day.

 

had a decent trade at end of day that in retrospect should have been better managed -- but was thinking 15.25 points just wasn't enough range to play for -- alas, we got kind of a 'outlier' day (outlier in terms of range so low).. so it goes.

 

so I end up at minus 11 bucks.... yah -$11.00..... 'pay the broker day'

 

 

the usual attachment is useless so I will attach the summary page here... for some reason, the other one is being broken out into single lot orders despite never doing a single lot order -- makes it so you can't read it.

 

Edited April 3, 2009 by Frank

[bathrobe 10]

4/3/09 Need to learn to stay in trades longer.

[HAL9000 10]

I use my new combination of two indicators for one week,

while I was totally confusing myself during Monday and Tuesday,

it starts to make sense for me now.

 

So next week, I might see, if this is really the case.

 

 

 

Have a nice weekend! :thumbs up:

Edited April 3, 2009 by HAL9000

[edabreu 10]

ES seemed to go to sleep on Friday am.

[bathrobe 10]

My goal was to hold out for more points this week, I ended up not taking the .75 points the trade gave me, and ended up losing three. I am happy with my entry though, overall it was ok I guess. The trade came down to my stop exactly and then rallied 9 points. This happens:doh:

[Frank 10]

Market is stuck in the mud right now. Made some money in the morning and gave it back in the afternoon. On Friday, I made an error not exiting a winning position which kept me flat. Today, the market was just stuck and wouldn't even fill my conservative limit orders. Lost net -$180 today after being up +$1200, such is life in a tough environment -- part of loss was in an entry error where I doubled up my position on ES by accident for a loser. Net net, in poker terms -- had some set-ups that seemed promising ---- just couldn't hit a flop. On to tomorrow.

 

Edited April 6, 2009 by Frank

[Frank 10]

On a side note, after doing this for a couple of days now -- I think maybe this process might be useful. It has occurred to me during the trading day that I need to show I didn't make any clear mistakes --- there might be something to this 'just be accountable to something' thing --- even if its just to a website in cyberspace, you ARE thinking about it....

 

I will try to post some more comments of what I may be getting out of this over time --- so if you are reading this thread and thinking of doing it -- I invite you to 'nut up' and post some of your trades and become accountable --- it doesn't matter your size or your consistency, just try to improve each day over the last day. spending 1 minute at the end of the day for a few sentences to review your results may indeed help you remember that you have responsibility to yourself to show results. publicly showing this will be tough sometimes, but its reality.

[brownsfan019 17]

4-6-09

 

 

 

Nice trade on the ZB after the first one failed. That's about it.

 

I'm not sure how much more I will be posting here as the moderation around this place is just getting out of hand. Just tired of it. If the thread is helping you, keep it going!

[Frank 10]

what do you mean Fan? what is going on with the moderation?

[brownsfan019 17]

what do you mean Fan? what is going on with the moderation?

 

Frank - much more than I care to talk about here. Those involved know what's been going on and I'm just completely turned off by TL right now. It's too bad b/c TL was a great place at one point (I've been around for awhile - lol) and now while it has grown and I realize that's good for James, way things are handled has changed and I don't need the hassle when I am trying to help the overall community.

[jimbob42 10]

That's too bad. I've enjoyed your postings here as well as those on the ZB and AN.

 

Perhaps the "moderation" issue will be resolved.

[brownsfan019 17]

Hey guys,

just another daily blog update as usual. I haven't covered the sell off, but there's a couple of screen shots and explaintions of two trades you could of had today.

 

I hope people are finding the blog useful

 

Boost!

 

868 - just so you know, posting a link to a website that is off of TL and where a chat room is being promoted could be frowned upon by the moderators around here. If your posts start to become moderated, you'll know why. Just a friendly heads up.

 

[brownsfan019 17]

My goal was to hold out for more points this week, I ended up not taking the .75 points the trade gave me, and ended up losing three. I am happy with my entry though, overall it was ok I guess. The trade came down to my stop exactly and then rallied 9 points. This happens:doh:

 

bath - I've noticed the winners appear to be for 1 tick and then this big loss. In the spirit of discussion and helping each other, I wanted to provide my feedback - which is, you can't take 1 tick on winners (and only 1 winner) and then let one losing day wipe a big part of those other winning days.

 

I'd be curious to hear what causes the winners to be 1 tick and the losers larger. If the goal is 1 tick, are you sending your exit order immediately after entering the trade or is the 1 tick gain something that happens after being in the trade for a bit?

 

My point is that if your goal (intended or not) turns out to be 1 tick, then I would just get my limit order out there to get 1 tick immediately. Hopefully your platform can automatically do this for you. If the goal is not 1 tick, but it turns out to be 1 tick most days, then it's something you need to work on IMO. If there's specific questions you have, feel free to post here, start a new thread or PM me and I will give you my email addy and we can discuss there.

[bathrobe 10]

Thanks for wanting to help. My problem is totally psychological. My account is pretty small and I get pretty nervous when in the trade.

[Fedeo 10]

I also really hope the "moderation" issue can be resolved.

In any case just want to let you know that I really appreciate this thread as well as all the material in the forum....

[brownsfan019 17]

4-7-09

 

 

 

Nice easy trade this morning on a long on the ZB. There's an excellent chance that I got out way too soon though.

 

Also wanted to say thanks to those that sent PM's and posted here. Didn't realize so many were watching my posts.

[brownsfan019 17]

4-8-09

 

 

 

Ok day here, nothing special.

[bathrobe 10]

I will not be posting for a while (~2 weeks), I need to add money to my account to take trades I feel comfy with, this should be next week some time.

 

Chris

[brownsfan019 17]

I will not be posting for a while (~2 weeks), I need to add money to my account to take trades I feel comfy with, this should be next week some time.

 

Chris

 

I agree w/ that move Chris. Scared money is no good in the markets and you need to get that comfort level built up again.

[Frank 10]

closed my system early yesterday and was out last night so will post yesterday and today now.

 

yesterday was very brutal --- I won a nice pot early in session and then pissed it away (and then some) trying to set up for the main range expansion move of the day --- I finally caught the directional short, but market just died in the narrowest range session in many months. so I never got to earn the lost blinds and antes back. kind of like waiting to flop a hand and then finally hitting your straight for a big pot, only to learn your oppenent was holding the same exact straight hand so no payday (ended up stopping breakeven despite a decent entry and an initial downward thrust).

 

today (Wednesday) was another narrow day but I made a nice play early and led to a pretty decent day to wipe out Tuesdays loss and then some.

 

still, this is a tough market, range-wise. looking forward to more 'normal' days ahead.

 

 

 

Edited April 8, 2009 by Frank

[swansjr 10]

No setups on Monday or Tuesday.

 

Wednesday: I traded yesterday (Wednesday, April 8th ) but when I went to generate my summary report, no trades showed up. I did it again today and no trades show up for Wednesday, April 8th. Very strange.

 

It was a down day. First trade profitable second trade a loser. That second trade was a horrible entry and I should know better. I did not follow my entry technique at all. Got emotional. Stopped for the day.

 

P&L ($144)

[swansjr 10]

Today went smooth. The market had a lot of chop, which I stayed out of. Occasionally a window of opportunity arrived. Three trades this morning, all profitable. Followed my trading plan 100%. Feels good!

 

 

[86834 10]

Past week has seen low volume days in the market. I've written a post on my blog being able to adjust to the different types of days if anyone is interested.

 

Happy trading!