Andy's Day and Position Trading Journal

I am really not happy with the result in September. Let's see what we get in October!

Mini Dow 30 minutes: 9:10am – Short TTE (1-2-3) at 10055, initial stop at 10066 – all out at b/e.

Mini Dow 10 minutes: 9:40am – Long TTE (1-2-3) at 10064, initial stop at 10047 – all out at 10055.

Result for today: -18 ticks (-$90)

Mini Russell 10 minutes: 9:40 – Long TTE (RH) at 5734, initial stop at 5724 – all out at 5727.

Result for today: -14 ticks (-$140)


To be consistent with my recordings I add my monthly summary (hypothetical result due to 2 contracts):

July:
Euro FX: +39 ticks (+$487.50)
Mini Dow: +195 (+$975)
Mini Russell: +183 (+$1830)

August:
Euro FX: +24 ticks (+$300)
Mini Dow: +212 (+$1,060)
Mini Russell: +19 (+$190)

September (till now):
Mini Dow: -25 ticks (-$125)
Mini Russell: +57 ticks (+$570)
 
Mini Dow 10 minutes: 9:40am – Long TTE (RH) at 10164, initial stop at 10154 – covered first lot at 10170 (time stop), second at b/e.

Result for today: +6 ticks (+$30)

Mini Russell 10 minutes: 9:40 – Long TTE (RH) at 5795, initial stop at 5786 – covered first lot at 5798 (time stop), second at b/e

Result for today: +3 ticks (+$30)


To be consistent with my recordings I add my monthly summary (hypothetical result due to 2 contracts):

July:
Euro FX: +39 ticks (+$487.50)
Mini Dow: +195 (+$975)
Mini Russell: +183 (+$1830)

August:
Euro FX: +24 ticks (+$300)
Mini Dow: +212 (+$1,060)
Mini Russell: +19 (+$190)

September (till now):
Mini Dow: -25 ticks (-$125)
Mini Russell: +57 ticks (+$570)

October (till now):
Mini Dow: +6 ticks (+$30)
Mini Russell: +3 ticks (+$30)
 
Is there any way you could post these entries and exits close to real time? I just dont see the point of posting results after the fact. I think people could learn a lot by using a simple system with simple rules but I doubt many people are paying any attention because its just another hindsight journal.
 
I occasionally go over the threads in the Journals section (just as I go over the monthly results of hedge funds at IASG to see how various methods are doing for others), and this is one of the "cleanest" I've found.

Quote from easyrider:

Is there any way you could post these entries and exits close to real time? I just dont see the point of posting results after the fact. I think people could learn a lot by using a simple system with simple rules but I doubt many people are paying any attention because its just another hindsight journal.
More...

Post in realtime? So that other ET members can follow his trades? Unless we were talking about swing trades of at least several hours or days in duration, it'd be a recipe for losses.

Let me say that posting in real-time is quite distracting in short-term trading and not everyone can do that. There have been a couple of good semi-rt journals, where the trader was posting almost in realtime, but didn't last long.

If you want realtime trades, join an IRC room and post there (there are several ones with friendly atmosphere).

Personally, I consider this "recap" style of journal is the most valuable, especially since Andy has described his method. I don't trade like Andy, but if I did, I'd find the recap journal the most helpful.

Just my 2c.
 
mtzianos

People are duped into thinking trading is easy because when you look at charts (past action) all the setups and results are obvious. All the indicators work like a charm. When they try to trade "the hard right edge" they discover its a whole different ball game. IMO its the same thing with an after the fact journal. If you cannot see the setup as its forming, of what value is it? He is trading ross hooks etc. I can look at past charts and find hundreds of them but of what value is it? I just dont get it but I may be missing something.
 
ross trading also works with stocks cause stocks have the same pattern.

concerning september results: you get only nice results in a
'trending market' (in your trading time frame). September was very ugly (one bar up/next down)


trade smart
bigapple
 
Ok. I get it now. Ive gotten a couple of posts and pms mentioning his chat room so the journal is a means of steering people to his chat room so it does have a certain logic behind it and I withdraw my complaint. Sometimes I can be pretty thickheaded.
 
Dear Traders,

maybe some word for my motivation to write this journal.

I personaly belive the technical aspects in trading are not so important. This is why I use a very simple method without any fancy indicators.

More important for me is to show there is always a up and down in trading. There are good and there a bad times. In August and September it was very hard (for me) to trade.

When we have nice trends in the markets almost everyone is able to trade. But what to do if the markets are getting ugly? This is the time when a trader has to survive. This is the time when he needs disciplin (I belive this is the most important factor in trading).

Trading is much more then only following entry and exit signals. It's about controling yourself.

Unfortunately it's not possible to post the entries/exits in (almost) real time. Even on a live chat it's difficult enough.

Happy trading,

Andy
 
Today’s Day Trading


Euro FX 30 minutes: 7:30am – Short TTE (RH) at 12291, initial stop at 12301 – covered first lot at 12281, second at 12288. 9:00am – Short TTE (RH) at 12277, initial stop at 12290 – all out at 12283.

Result for today: +1 ticks (+$12.50)

Mini Dow 10 minutes: 9:20am – Short TTE (RH) at 10249, initial stop at 10257 – covered first lot at 10243 (time stop), second at 10244.

Mini Dow 30 minutes: 1.40pm – Short TTE (RH) at 10220, initial stop at 10230 – all out at 10226.

Result for today: -1 ticks (-$5)

Mini Russell 10 minutes: 9:30am – Long TTE (RH) at 5917, initial stop at 5907 – all out at 5912. 9:50am – Short TTE (1-2-3) at 5908, initial stop at 5922 – all out at 5909.

Result for today: +3 ticks (+$30)


To be consistent with my recordings I add my monthly summary (hypothetical result due to 2 contracts):

July:
Euro FX: +39 ticks (+$487.50)
Mini Dow: +195 (+$975)
Mini Russell: +183 (+$1830)

August:
Euro FX: +24 ticks (+$300)
Mini Dow: +212 (+$1,060)
Mini Russell: +19 (+$190)

September (till now):
Mini Dow: -25 ticks (-$125)
Mini Russell: +57 ticks (+$570)

October (till now):
Euro FX: +1 ticks (+$12.50)
Mini Dow: +5 ticks (+$25)
Mini Russell: -9 ticks (-$90)
 
Today’s Day Trading – 10/06


Mini Russell 10 minutes: 8:50am – Short TTE (RH) at 5878, initial stop at 5886 – covered first lot at 5870 (time stop), second at 5877.

Result for today: +9 ticks (+$90)

Euro FX 10 minutes: 8:10am – Short TTE (RH) at 12255, initial stop at 12261 – covered first lot at 12245, second at b/e. 10:00am – Long TTE (RH) at 12300, initial stop at 12289 – all out at b/e (time stop).

Result for today: +10 ticks (+$125)

Mini Dow 10 minutes: 8:50am – Short TTE (RH) 10165, initial stop at 10172 – all out at 10172.

Result for today: -14 ticks (-$70)


To be consistent with my recordings I add my monthly summary (hypothetical result due to 2 contracts):

July:
Euro FX: +39 ticks (+$487.50)
Mini Dow: +195 (+$975)
Mini Russell: +183 (+$1830)

August:
Euro FX: +24 ticks (+$300)
Mini Dow: +212 (+$1,060)
Mini Russell: +19 (+$190)

September (till now):
Mini Dow: -25 ticks (-$125)
Mini Russell: +57 ticks (+$570)

October (till now):
Euro FX: +20 ticks (+$250)
Mini Dow: -9 ticks (-$45)
Mini Russell: -10 ticks (-$100)
 
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