Andy's Spread Trading Journal
- Thread starter Jordan_Andy
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Trade
I did get out of my SM-BO trade last Friday 03/31 with my last 2 contracts at $3,686.
Hyp. profit on the complete trade was $825 - $120 commission = +$732.
Hyp. account is now at $51,047.
I still have 3 contracts left in my LH-LH trade. I did move up my mental stop to -1.7.
Happy trading
Andy
PS I do have a few new trades in mind, let's see what we get this week.
I did get out of my SM-BO trade last Friday 03/31 with my last 2 contracts at $3,686.
Hyp. profit on the complete trade was $825 - $120 commission = +$732.
Hyp. account is now at $51,047.
I still have 3 contracts left in my LH-LH trade. I did move up my mental stop to -1.7.
Happy trading
Andy
PS I do have a few new trades in mind, let's see what we get this week.
Trade
Because my target was around break even on the LH-LH trade I took some profit today 04/11. I got out with 2 contracts at -0.10.
Will post the hyp. profit/loss when the trade is over. I do have one contract left.
I did watch KW-C for an entry yesterday. After it did form a 1-2-3 low we had a Ross Hook. But the market moved up too far for my taste and I did not enter (the entry would have been around my target, therefore it did not make sense for me to enter.) Unfortunately I did miss the 1-2-3 low for my entry.
I did enter 5 x BOZ6 - SMZ6 at an equity of -$3,400 with a risk of $500/spread. Basis was correlation and a 1-2-3 low. I already did exit 2 contracts yesterday 04/10 at -$3,185.
I do have 3 contracts left with mental stop at break even.
Happy trading
Andy Jordan
Because my target was around break even on the LH-LH trade I took some profit today 04/11. I got out with 2 contracts at -0.10.
Will post the hyp. profit/loss when the trade is over. I do have one contract left.
I did watch KW-C for an entry yesterday. After it did form a 1-2-3 low we had a Ross Hook. But the market moved up too far for my taste and I did not enter (the entry would have been around my target, therefore it did not make sense for me to enter.) Unfortunately I did miss the 1-2-3 low for my entry.
I did enter 5 x BOZ6 - SMZ6 at an equity of -$3,400 with a risk of $500/spread. Basis was correlation and a 1-2-3 low. I already did exit 2 contracts yesterday 04/10 at -$3,185.
I do have 3 contracts left with mental stop at break even.
Happy trading
Andy Jordan
Trade
I did get out of my BO-SM trade today around break even (@-3,420) and I will not enter any new possition before Monday.
Hyp. profit on this trade is $370 - $150 commission = $220.
Hyp. account is now at $53,407.
Have all a nice eastern weekend,
Andy
I did get out of my BO-SM trade today around break even (@-3,420) and I will not enter any new possition before Monday.
Hyp. profit on this trade is $370 - $150 commission = $220.
Hyp. account is now at $53,407.
Have all a nice eastern weekend,
Andy
Trade
I did exit my LH-LH spread today 4/20 with my last contract at -0.20 because the spread fell below my stop at -0.225 at the close (even if it did not close below it).
Hyp. profit on this trade was $4,380 - commission of $180 = $4,200.
Hyp. account is now at $54,357.
Happy trading
Andy
I did exit my LH-LH spread today 4/20 with my last contract at -0.20 because the spread fell below my stop at -0.225 at the close (even if it did not close below it).
Hyp. profit on this trade was $4,380 - commission of $180 = $4,200.
Hyp. account is now at $54,357.
Happy trading
Andy
Trade
I did enter 4 x SX6 - 2*CZ6 on 4/24 at 75 1/2, risk is $750/spread, basis seasonal.
I did also enter MWN6 - MWU6 on 4/24 at -4 with a risk of $250/spread, basis seasonal.
MW-MW does not look good at todays close but I expect the spread will trade above -5 or higher tomorrow.
I already did take profit on S-2C on 4/25 at 82 with 2 contracts after a nice up move.
I will post profits or loss after the trades are over.
Happy tading
Andy
PS I am not happy so far with my spread trading. Somehow I could not jump on the right one but I am sure it will come. We still have some time left till 2006 is over. ;-)
I did enter 4 x SX6 - 2*CZ6 on 4/24 at 75 1/2, risk is $750/spread, basis seasonal.
I did also enter MWN6 - MWU6 on 4/24 at -4 with a risk of $250/spread, basis seasonal.
MW-MW does not look good at todays close but I expect the spread will trade above -5 or higher tomorrow.
I already did take profit on S-2C on 4/25 at 82 with 2 contracts after a nice up move.
I will post profits or loss after the trades are over.
Happy tading
Andy
PS I am not happy so far with my spread trading. Somehow I could not jump on the right one but I am sure it will come. We still have some time left till 2006 is over. ;-)
Trade
I did already exit MW-MW today 4/28 at -5 with a small loss of -$500.-
I will watch for a re-entry later after I see the spread moves into my direction.
Hyp. loss -$500 - $300 commission = -$800.
Hyp. account is now at $53,557.
Happy trading
Andy
I did already exit MW-MW today 4/28 at -5 with a small loss of -$500.-
I will watch for a re-entry later after I see the spread moves into my direction.
Hyp. loss -$500 - $300 commission = -$800.
Hyp. account is now at $53,557.
Happy trading
Andy
Trade
Regarding to my trading plan I had to exit the S - 2C spread.
I did get out at 82 today 05/01.
Hyp. profit on this trade is $1,534 - $180 commission = $1,354.
Hyp. account is now at $54,911.
Happy trading
Andy
Regarding to my trading plan I had to exit the S - 2C spread.
I did get out at 82 today 05/01.
Hyp. profit on this trade is $1,534 - $180 commission = $1,354.
Hyp. account is now at $54,911.
Happy trading
Andy
Trade
I did enter 5 x 500*FCQ6-400*LCQ6 last week on 05/01 at $21,355 and got out $21,105 because the spread did not move up (I am using a time stop). The idea was based on seasonality and a 123 low. I will keep on watching this spread for a new entry.
Hyp. loss on the trade is $1,250 - commission $180 = -$1,430.
Hyp. account is now at $53,481.
I am not doing good so far with my spreads but I keep on fighting. ;-)
Happy trading
Andy
I did enter 5 x 500*FCQ6-400*LCQ6 last week on 05/01 at $21,355 and got out $21,105 because the spread did not move up (I am using a time stop). The idea was based on seasonality and a 123 low. I will keep on watching this spread for a new entry.
Hyp. loss on the trade is $1,250 - commission $180 = -$1,430.
Hyp. account is now at $53,481.
I am not doing good so far with my spreads but I keep on fighting. ;-)
Happy trading
Andy
Trade
I did enter 2 trades. Will they be the big winners? Well, we'll see!
I did enter 5 x 100*SMN6 - 600*BON6 on 05/05 at $2,644, risk $530, seasonal trade and 2 x LHM6 - PBN6 at a spread of -17.3, risk $1,400, seasonal trade.
I did cover cost and did exit today with one SM-BO at $2,940. Also LH-PB is moving up nicely today.
Let's see what we get out of these trades.
Happy trading
Andy
I did enter 2 trades. Will they be the big winners? Well, we'll see!
I did enter 5 x 100*SMN6 - 600*BON6 on 05/05 at $2,644, risk $530, seasonal trade and 2 x LHM6 - PBN6 at a spread of -17.3, risk $1,400, seasonal trade.
I did cover cost and did exit today with one SM-BO at $2,940. Also LH-PB is moving up nicely today.
Let's see what we get out of these trades.
Happy trading
Andy