Andy's Day and Position Trading Journal

hi andy - good to see your account is still doing well.

1 question - i see you are still only taking 6 ticks a lot out of ec - but it is trending like crazy and your original system would be coining it in at the moment. why not revert?

im sure you know this yourself after fridays trade in ec.
 
Hi Fred,

you ask...

"1 question - i see you are still only taking 6 ticks a lot out of ec - but it is trending like crazy and your original system would be coining it in at the moment. why not revert?"

Well, you are right. There are some days where it would be much better to let the second lot run. Unfortunately that's something we know when the trading day is over. I personally think it doesn't matter too much if you go for fixed targets or if you use a trailing stop. Important is to stay with it for a while and let the probabilities work for you.

Happy trading,

Andy
 
Today’s Day Trading – 02/08

Euro FX 10 minutes: 7:40am – Long TTE (RH) at 12766, stop/target 6 ticks – all out at 12770 (time stop). 8:50am – Short TTE (RH) at 12756, stop/target 6 ticks – all out at 12750.

Euro FX 3 minutes: 10:29am – Short reversal bar at 12790, stop/target 6 ticks – all out and reversed at 12796, risk/target 6 ticks – all out at 12802.

Result for today: +20 ticks (+$250)


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

January:
Euro FX: +76 ticks (+$950) 23 trades
Mini Dow: -46 ticks (-$230) 9 trades
Mini Russell: +120 ticks (+$120) 3 trades

February:
Euro FX: +34 ticks (+$425) 12 trades
Mini Russell: +22 ticks (+$220) 5 trades
Mini Dow: +12 ticks (+$60) 3 trades
 
You apparently have very low cost roundturns. 6 pt. mini dow is extremely non-aggressive but I can' t question high percentage wins with multiple contracts with minimal commissions.

happy trading Porgie
 
porgie-

you are right about the mini dow. I trade it only because of teaching reasons in my live chat. I would not recommend to scalp it if you really want to make money with it. It's better to trade it on a longer time frame.

happy trading

Andy
 
Today’s Day Trading – 02/09

Euro FX 10 minutes: 7:40am – Short TTE (RH) at 12763, stop/target 6 ticks – all out at 12757.

Result for today: +12 ticks (+$150)

Mini Dow 3 minutes: 8:50am – Short TTE (RH) at 10725, stop/target 6 ticks – all out at b/e (time stop).

Mini Dow 10 minutes: 9:10am – Short TTE (RH) at 10726, stop/target 6 ticks – all out at 10720.

Result for today: +12 ticks (+$60)

Mini Russell 3 minutes: 9:21 – Short TTE (RH) at 6334, stop/target 6 ticks – all out at 6330 (time stop).

Result for today: +8 ticks (+$80)


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

January:
Euro FX: +76 ticks (+$950) 23 trades
Mini Dow: -46 ticks (-$230) 9 trades
Mini Russell: +120 ticks (+$120) 3 trades

February:
Euro FX: +46 ticks (+$575) 13 trades
Mini Dow: +24 ticks (+$120) 5 trades
Mini Russell: +30 ticks (+$300) 6 trades
 
Today’s Day Trading – 02/10

Euro FX 3 minutes: 8:05am – Long TTE (RH) at 12796, risk/target 6 ticks - all out at 12790. Again long TTE (RH) at 12796, risk/target 6 ticks – all out at 12802. 8:20am – Long TTE (RH) at 12817, stop/target 6 ticks – all out at b/e.

Result for today: +0 ticks (+$0)


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

January:
Euro FX: +76 ticks (+$950) 23 trades
Mini Dow: -46 ticks (-$230) 9 trades
Mini Russell: +120 ticks (+$120) 3 trades

February:
Euro FX: +46 ticks (+$575) 16 trades
Mini Dow: +24 ticks (+$120) 5 trades
Mini Russell: +30 ticks (+$300) 6 trades
 
Today’s Day Trading – 02/11

Euro FX 10 minutes: 7:50am – Long TTE (RH) at 12868, stop/target 6 ticks – all out at 12874.

Result for today: +12ticks (+$150)

Mini Dow 3 minutes: 9:23am – Long TTE (1-2-3) at 10719, stop/target 6 ticks – all out at 10725.

Result for today: +12 ticks (+$60)

Mini Russell 3 minutes: 9:15am – Long reversal bar at 6231, stop/target 6 ticks – all out at b/e (time stop).

Mini Russell 10 minutes: 9:20am – Long reversal bar at 6237, initial stop 10 ticks – covered first lost at 6245, second at 6260.

Result for today: +31 ticks (+$310)


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

January:
Euro FX: +76 ticks (+$950) 23 trades
Mini Dow: -46 ticks (-$230) 9 trades
Mini Russell: +120 ticks (+$120) 3 trades

February:
Euro FX: +58 ticks (+$725) 17 trades
Mini Dow: +36 ticks (+$180) 6 trades
Mini Russell: +61 ticks (+$610) 8 trades
 
Today’s Day Trading – 02/14

I did 3 trades in EC today but nothing special. All in all only 7 ticks = $87.50

Result for today: +7ticks (+$87.50)

Euro FX 10 minutes: 7:50am – Long TTE (RH) at 12868, stop/target 6 ticks – all out at 12874.

Result for today: +0 ticks (+$0)


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

January:
Euro FX: +76 ticks (+$950) 23 trades
Mini Dow: -46 ticks (-$230) 9 trades
Mini Russell: +120 ticks (+$120) 3 trades

February:
Euro FX: +65 ticks (+$812.50) 20 trades
Mini Dow: +36 ticks (+$180) 6 trades
Mini Russell: +61 ticks (+$610) 9 trades
 
Today’s Day Trading – 02/15

Euro FX 10 minutes: 8:40am – Short TTE (RH) at 12992, risk/target 6 ticks – all out at b/e. 9:10am – Short TTE (RH) at 12981, risk/target 6 ticks – all out at 12975.

Euro FX 3 minutes: 7:44am – Short TTE (RH) at 13042, risk/target 6 ticks – all out at 13038 (time stop).

Result for today: +20 ticks (+$250)

Mini Dow 10 minutes: 9:00am – Short TTE (1-2-3) at 10790, stop/target 6 ticks – all out at 10796.

Mini Dow 3 minutes: 9:26am – Long TTE (RH) at 10821, stop/target 6 ticks – all out at 10823 (time stop).

Result for today: -8 ticks (-$40)


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

January:
Euro FX: +76 ticks (+$950) 23 trades
Mini Dow: -46 ticks (-$230) 9 trades
Mini Russell: +120 ticks (+$120) 3 trades

February:
Euro FX: +85 ticks (+$1062.50) 23 trades
Mini Dow: +28 ticks (+$140) 8 trades
Mini Russell: +61 ticks (+$610) 9 trades
 
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