ES Journal - 2019/2020
- Thread starter Buy1Sell2
- Start date
- Status
stopped -4.5
By this I mean no offence. But the way my system currently works is that I work based on probabilities and the most common scenarios on any given day. As of today, I'm still caught off guard when you get these rare days like today.
A trend follower might not utilize such concepts and simply follows price/trend.
I wanted to short below 3720, but felt I was too late to the party and did not like the R/R, yet here we are 63,50 points lower.
You could have made >$1000 easily for a day like today if you FULLY trust your trading system lol...
I'm just happy to finish the day green after going into the red zone early in the day.
Now, $1000 in a day doesn't really say much to me. I'm sure there's traders who do that on a daily basis.
With today's range being 3x the daily average recently, I think much more than 1K was on offer. Current RTH range is 107,50 points = 5375 $$$ / contract.
I'm aware of the deficiencies in my system and am continuously trying to address them and improve. I take solace in the fact that today was a rare day, although it obviously highlights some of the deficiencies I currently have.
How did you make out today?
Fabulous!
If you traded 5 contracts each, it is close to a million dollar gain!
Most of your trades were just swing and position trades, so NO need to sit in front of the computer for hours day in day out.
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I trade like a machine without emotional involved while increasing in position sizes. So, I don't feel happy because I've a good day or bad because I've a bad day and TODAY isn't exception.
Given that the SPX range for 2020 was 1568,34 points that's very impressive. I assume this must be your total gain, i.e., x contracts * x points.
Regardless, a great result.
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