Trader P/L 2009

[brownsfan019 17]

Guess most of us had a slow Monday. I'm really upset at myself for missing a nice bond setup, but for whatever reason, my head wasn't in the game. Not sure if I like 3 day weekends or not. lol.

 

But we gotta keep positive - 4 days remaining this week to get the job done and done the right way.

 

[86834 10]

two trades so far this morning on ES... a long from 841.75 and a long from 847.50. I've posted charts on my blog of the trades setting up and entry.

 

Boost!

[wskid 10]

my monday was good, kept disciplined and focused. Good trade, bad trade....next trade. Here is what my day looked like trading some bond futures... Obviously I could have held on to some like the long at 125.19, which then traded at 125.79, would have made $1000 but I am too chicken to hold it, but hey at least I'm green today.

[swansjr 10]

I trade the EC for about 3 hours in the morning between 500 and 800.

I use three time-frames: 34t (trade from this screen), 170t (intermediate trend), 850t (long term trend). Time frames are multiples of five.

My system is biased off the Watts system.

 

I’ve been simulation trading for over a month now and things have been going really well. Last week was almost too easy as my entries were spot on. Starting this Monday things have been painful as I now have two losing days in a row. While I’m correct with my assessment of the trend of the market, I’m entering too soon on the retracements. The retracements pull back further than what I'm use to seeing and I then get stopped out.

 

Then I noticed something after my 5th losing trade.

 

Most of the time over the past month the trends have been rather strong - at least when I'm watching the market. My normal entry screen is 34t chart and it has been a great place to find a pull back – in a strong market. However, now things are not trending as well and I’m noticing my middle time frame (170t) is a much better entry indicator.

 

This is something I will have to monitor more closely. I will also go back in history and review my setups and triggers considering the possibility that my intermediate time frame has it's place as a entry indicator during more choppy market conditions. I think in the recent past my three chart system would often keep me out of choppy markets. Sometimes several days passed where I did not make a single trade. And that's fine with me. However, Monday and Tuesday the market was trending on all my time frames but in a choppy manner. I may have to recognize these conditions and watch my mid-chart more closely.

 

I'm still training my neural net but I think I learned a valuable lesson over these last two days.

 

[brownsfan019 17]

4-14-09

 

 

Back on track today. Could have held the trade longer in hindsight.

[edabreu 10]

Ate the elephant one bite at a time today. Lots of trades waiting for that bigger one, got stopped out a few times, but wound up nicely positive.

[Frank 10]

had good trade on yesterday and choked... caught a decent trade today to hopefully start a run for a while...

 

[Ronin 10]

Average day for me on the ES, no trades on the Bonds, they sure surprised a lot of people.

[JKLM 10]

hi folks

 

I like this thread ... and special thanks to brownsfan who start it

I trade oil, and will also contribute posting P&L

 

cya

[Ronin 10]

First trade of the Day, no brainer, easy money...

[86834 10]

my first trade of the day on es was a real jammy one. I'll post it on my blog later but i was long from 837 with a 6 tick stop, market came down to my stop, kissed it, didn't fill, then shot off and i got my 3pts lol

[brownsfan019 17]

First trade of the Day, no brainer, easy money...

 

Ronin - can your blotter show the P&L in terms of $? As you know, bond quotes are not fun to interpret, so for lazy guys like me, just wondering if you can show it in $ amounts too.

 

Glad to see another bond trader here!

[brownsfan019 17]

4-15-09

 

 

 

Decent ZB trade this morning.

[JKLM 10]

here it is

today I restart trading after 21 days off ( because of 20% drawdown )

didnt trade much today ... I just wan't to feel market again and wining atitude ..

[brownsfan019 17]

JK - what market(s) do you trade? I see the CL today, any others or just oil?

[Ronin 10]

Not a bad day, but still can do better...lol

[JKLM 10]

JK - what market(s) do you trade? I see the CL today, any others or just oil?

 

last year or so I trade only oil

It is hard to me stay focused on two things at same time

 

but since I am in europe, in the morning I watch FESX and trade it sometimes

[edabreu 10]

Took all day to get a decent runner.

[Mr_black 10]

My best trade today...Today,s P/L + 288....Yesterday - 60...So far up 9 points this week...

[daedalus 10]

Got caught in some chop this A.M. Turned things around OK in the P.M. Still not performing up to my own expectations!

 

[86834 10]

I've made a post on trailing stops in the emini's so check the blog out if you're interested It's a nice and simple practical method and is something that you can implement straight away into your trading.

 

Let me know what you think about it, or if you have any suggestions

 

Boost!

[brownsfan019 17]

4-16-09

 

 

 

Not much happening today on the bond's for me. Didn't quite get the move on this one as expecting.

 

But, a win is a win. Account is doing well.

[wskid 10]

Brownsfan I have a question for you. What is the basis of your decision making process on trading the bonds(literature, fundamentals, indicators etc...) I would really like to know because as of yet i m still just scalping and would like to know what to read to get better.

[JKLM 10]

finally, BE(-35.00 ) is the best what I get from today

also I am prety satisfied since this kind a market smack me last time

[Mr_black 10]

Nice day.................