Casual Trading Journal

Quote from Fast_Trader:

It's discretionary, and even he doesn't know it exactly :D

-Fast

LOL fast.

I will try to figure something out.

You saw me in action today, what do you say?

TM Trader
 
Quote from TMTrader:

LOL fast.

I will try to figure something out.

You saw me in action today, what do you say?

TM Trader
I say you stop being so selfish and share the goods with your friend FastTrader :D

-Fast
 
Quote from TMTrader:

No problem!!!

TM Trader

Seriously I will start a write up and see what I come up with.

I intended to do that at the start of the journal but no time.

TM Trader
 
Quote from Fast_Trader:

Also include info on exactly how you're able to trade 10 different markets off a single laptop! Now that's SKILL :cool:

-Fast

Not 10, only 8.

TM Trader
 
Today I started a little early playing a dangerous game before the open, and got lucky escaping with a few ticks that were not worth the risk.

These days I refrain from posting my trades live in a chatroom since I have a bad experience with it. In the past my trading suffered badly when I posted trades that way. I do not know if there is a direct link between the two because I do not lose focus while doing so. What I do know, is that during that time I ended up in a lose and my hitrate dropped from 65%-75% before to 20%-25% during. Even though, today I posted all of my trades since the open in a chatroom. The results prove that my bad luck/karma/ability/skill/talent in trading while posting may not be a direct consequence. In any case I still will try to avoid doing so in the future.


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7 Trades - 7 Winners, 0 Losers

3 EUR Trades = +0.0009 = $112.5 per contract
1 ES trade = +2.5 = $125 per contract
3 ER2 Trades = +4.6 = $460 per contract
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= +$697.5 per contract

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8:48 Short EUR 1.2446 Scalp
8:50 Cover EUR 1.2444 +0.0002 Poowoo, scary, I'm out

9:05 Long EUR 1.2441 Scalp
9:09 Stop EUR 1.2443 +0.0002 Stopped out

9:10 Long EUR 1.2438 Scalp
9:12 Cover EUR 1.243 +0.0005 Doesn't look good - I'm done for now with this dangerous game, will wait for open

9:32 Long ER2 581 Tape looks strong
9:36 Cover ER2 582.9 +1.9 Other indices took a serious hit - wanted to reverse but couldn't in time

9:45 Long ER2 582 It's going to rebound from the fall
9:51 Cover 1/2 583 +1 Will let the rest ride if it breaks here
9:58 Cover 1/2 583.2 +1.2 Will be on the sidelines during the news

10:07 Short ES 1131 This one is going to the crapper
10:10 Cover ES 1128.2 +2.5 Will re-enter if I see signs

10:26 Long ER2 576.9 It's turning
10:33 Cover ER2 578.5 +1.6 Taking a break here

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8 Trades - 7 Winners, 1 Losers

3 EUR Trades = +0.005 = $625 per contract
5 ER2 Trades = +5.4 = $540 per contract
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= +$1165 per contract

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Feb 4, 2004

9:49 Short EUR 1.2515 Exahustion scalp
9:54 Cover EUR 1.2495 +0.002 Nicer than I imagined

10:00 Short EUR 1.2485 Preset breakout trade on news
10:00 Cover EUR 1.2465 +0.002 Hit preset target

10:06 Long EUR 1.2500 Weakness in indices, strength in bonds
10:08 Cover EUR 1.2510 +0.001 Momentum is over

10:09 Long ER2 569.5 Strength in indices
10:28 Cover 1/2 ER2 572.7 +3.2 Just for the security
10:58 Cover 1/2 ER2 572.1 +2.6 Seems like it's reversing

11:38 Long ER2 570.5 Bonds... need I say more
11:44 Cover ER2 571.5 +1 Momentum gone, Other indices turning

13:42 Short ER2 570.4 It's about to drop
13:51 Cover ER2 569.4 +1 Other indices turning

14:41 Short ER2 566.7 SHould be going down
11:51 stop ER2 567.7 -1 Stopped out - bad entry even worse location for stop

15:32 Short ER2 566.6 Conviction
15:38 Cover ER2 565.1 +1.5 Done for the day

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