Casual Trading Journal

I wasn't feeling very good today. Usually, I will not trade when I'm not in good health but I still felt I can pull it off if I take a few breaks, which I did.

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7 Trades - 6 Winners, 1 Loser

2 EUR Trades = +0.0007 = +$87.5 per contract
2 ER2 Trades = +5 = +$500 per contract
3 ES Trades = 4.5 = +$225 per contract
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= +$812.5 per contract

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1/28/04

Time Pos inst Price Result Entry/Exit reason

9:12 Short EUR 1.2557 Scalp it
9:13 Stop EUR 1.2560 -0.0003 Bad start

9:34 Short ES 1146.5 Tape turned bearish
9:41 Stop ES 1146.25 +0.25 Stopped out, I still think it should go down

9:55 Short ES 1146.5 What am I gonna do with my conviction???
10:15 Cover ES 1146.25 +0.25 That one went out the window

11:04 Short EUR 1.2575 Scalp
11:12 Cover EUR 1.2565 +0.001 Reached preset target

11:59 Short ER2 595.8 Weakness on other indices
12:55 Cover ER2 594.8 +1 What a torture. I planned on staying for the long haul but this is too much

14:22 Short ES 1141 Woohoo, let's roll (*)
14:23 Cover ES 1137 +4 Hit my default target - Didn't even give me a chance to move it

15:18 Short ER2 588 Why stop now?
15:32 Cover ER2 584 +4 Lost connection to IB, now that it's back i'm not taking chances

(*) - This trade breaks one of the basic rules in my trading: "Dont sell a selloff". I took this trade because I had a very strong "feel" that this has much more room.

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Since I started having problems with the connection to IB toward the end of the day (look at the last trade) I'm finishing the day early.

 
Quote from TMTrader:

I wasn't feeling very good today. .............

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7 Trades - 6 Winners, 1 Loser

2 EUR Trades = +0.0007 = +$87.5 per contract
2 ER2 Trades = +5 = +$500 per contract
3 ES Trades = 4.5 = +$225 per contract
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= +$812.5 per contract

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More...

TMTrader,

Congratulations with your trading today! You hit 6 of 7 on a day when you were under the weather, awesome. Keep it up.
 
Quote from Awash:

TMTrader,

Congratulations with your trading today! You hit 6 of 7 on a day when you were under the weather, awesome. Keep it up.
More...

Thank you. As I said before, I try not to trade when I'm not feeling well, but I was feeling just well enough to spend some of the time infront of the screen.

TM Trader
 
Today I came in late, losing my bread and butter zone (the 9:30-11:30 timeframe) which I ejoy and profit from mostly.
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6 Trades - 5 Winners, 1 Loser

4 ES trades = +9 = $450 per contract
2 EUR Trades = +0.00012 = $150 per contract
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= +$600 per contract

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1/29/04

11:48 Long ES 1127 Will try to hold this for the long haul - Will keep a wide stop unless conditions change
11:52 Long ES 1126 - Add It's gonna go up there (*)
11:55 Long ES 1125 - Add Conviction - Now averaged Long @ 1126 - General market conditions still support this trade (*)
13:07 Cover ES 1126.5 +0.5 Will exit and wait for a better entry if conditions allow it

13:41 Short EUR 1.2397 Exhaustion move
13:43 Cover EUR 1.2395 +0.0002 Too slow

14:00 Long EUR 1.2365 Super-scalp
14:02 Cover EUR 1.2375 +0.001 Done

14:08 Long ES 1124 Long re-entry
14:17 Cover 1/2 1128 +4 Partial
14:48 Cover 1/2 1128 +4 Looks like weakness, might renter again later

14:52 Long ES 1126 Another long re-entry
14:57 Cover 1/2 1130 +4 Partial
15:04 Cover 1/2 1132 +6 Will wait for re-entry if I get a chance

15:41 Long ES 1131 End of day rally?
16:09 Cover ES 1030.5 -0.5 It's not happening

(*) - Averaging down is not my usual style, but everything pointed it's "suppose" to go up.

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Tomorrow I’m going to take the day off.
 
Traded 4 days this week and had an exceptionally high weekly hit rate of 85.7%. This happened to me a few times in the past and in most cases subsequented in a few hard trades. I do not believe it's psychological (since I keep success only as a statistic and do not let it bother me emotionally), just a way of things to align themselves I guess.

Weekly Results

28 Trades - 24 Winners, 4 losers - 85.7% hit rate

11 ER2 Trades = +15.75 = +$1575 per contract
7 EUR Trades = +0.003 = +$375 per contract
2 YM Trades = 5 = +$25 per contract
8 ES Trades = 4.625 = +$731.25 per contract
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= +$2706.25 per contract

TM Trader
 
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