Casual Trading Journal

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5 Trades - 4 Winners, 1 Loser

3 EUR Trades = +0.0027 = +$270 per contract
1 YM Trade = -10 = -$50 per contract
1 ER2 Trade = +1 = +$100 per contract
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+$320 per contract

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Feb 9, 2004

9:32 short EUR 1.2710 Scalping the loss of momentum
9:34 Cover EUR 1.27 +10 Target hit

9:40 Short YM 10559 Weakness
9:42 Stop YM 10569 -10 Stop hit

10:16 Long ER2 584.5 Time to rise
10:18 Cover 1/2 ER2 585.5 +1 Might reverse quickly
10:24 Cover 1/2 ER2 585.5 +1 Not moving

10:23 Short EUR 1.2684 Weakness
10:26 Cover 1/2 EUR 1.2674 +0.001 I'm being careful today
10:35 Add 1/2 EUR 1.2688 This is still weak
10:50 Cover 1/2 EUR 1.2672 +0.0012 Still careful
10:58 Cover 1/2 EUR 1.2665 +0.0023 Market conditions changed

11:20 Long EUR 1.2646 Should turn
11:27 Cover EUR 1.2648 +0.0002 Not working... More patience would have payed of nicely (would have, could have...)

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I decided to stop posting points and dollar amount summeries since they do not reflect anything really. That is because each trade amounts a different number of contracts and the numbers in those summeries do not reflect any real result.

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3 Trades - 3 Winners, 0 Losers

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Feb 10

9:34 Long ES 1138 Indices gettin stronger
9:48 cover 1/2 ES 1139.25 +1.25 Might turn here
9:50 cover 1/2 ES 1138.5 +0.5 Not working anymore
Full Size P&L: +0.875

9:52 Short ES 1138.5 Might reverse here
10:02 cover & rev ES 1139.5 -1 Still strong
10:31 Add ES 1139.5 Going to pick up
13:07 Cover all 1145.5 +6 Will consider re-entry at a lower price

13:35 Long ES 1144.5 Re-entry
14:11 Cover ES 1144.75 +0.25 Stalling, might try again later

ES: +6.125


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I didn't have time to post before but here are the results for the last few days.

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2 Trades - 2 winners, 0 Losers

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Feb 11, 2004

10:04 Short ER2 592 Weakness
10:56 Cover ER2 590.2 +1.8 not moving

11:13 Short ER2 594 Exahustion
11:32 Cover ER2 593 +1 Stalled, might turn again up
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ER2: +2.8

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Today started very bad. It took me several tries just to log into IB TWS. When I finally did, I didn't receive any Globex data. Several more tries later and it was working, or so I thought. Minuts later and the Globex data was gone again.

Contacting IB service weilded the usual answer "we are not aware of any problems". I managed later to receive partial Globex data during the day but when Globex data stabilized, CBOT data disappeared. I gave up trying to fix it and continued trading Globex instruments only.

This should have been a sign to whats about to happen. well, it was my first bad day in a while so no point grumbling about it.


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6 Trades - 1 winner, 5 Losers

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Feb 13, 2004

10:23 Short ER2 591.9 Weakness
10:24 Stop ER2 591.9 0 Moved stop to BE too early, made a good move afterwards

10:40 Long ER2 589.1 Rebound?
10:44 Stop ER2 588 -1.1 Stopped out

10:47 Short ER2 586.7
10:49 Stop ER2 587.7 -1

10:54 Short EUR 1.2774
10:58 Stop EUR 1.2784 -0.001

11:58 Short EUR 1.2738
12:01 Cover EUR 1.2736 0.0002

14:48 Long ER2 586.5
15:20 Stop ER2 585.4 -1.1
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ER2: -3.2
EUR: -0.0008
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Jesus! What a horrible day! could be time to consider another career eh? If you are interested, I am looking for a car parking valet at a restauraunt i own. Let me know.


Yours
Concerned Trader
 
Quote from sjp:

Jesus! What a horrible day! could be time to consider another career eh? If you are interested, I am looking for a car parking valet at a restauraunt i own. Let me know.


Yours
Concerned Trader
More...

You're really funny. I should nominate you to the comic of the year award.

TM Trader
 
Er, so.....you want that job or not? Why not forward me your CV. Ill start you on 7 bucks an hour if you have reasonable qualifications. Sound good eh?

Yours
Charitable trader

p.s you do have a clean driving license right?
 
Quote from sjp:



p.s you do have a clean driving license right?
More...

Well, I was caught once driving 130mph, though I was cited for 85mph only. Does that count?

TM Trader
 
Im afraid this infirngement almost certainly rules you out from the valet job. I like my staff to be beyond reproach.

Good luck looking for a new career. You know, trading isn't for everyone so dont feel bad.

Yours
Sympathetic Trader
 
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