This is how I figure it...
10 ES positions all day for my 9 intraday trades for +21.50 pts or $500 (10 ES) X +21.50 pts for $10,750 profit prior to commission costs of 9 total trades...all SHORT trades today...no LONGS. My 9 intraday trades today in order were as follows;
#1 S 10 ES @ 1046.50 - C 10 ES @ 1044.50 +2.00 pts
#2 S 10 ES @ 1047.25 - C 10 ES @ 1045.00 +2.25 pts
#3 S 10 ES @ 1048.25 - C 10 ES @ 1046.25 +2.00 pts
#4 S 10 ES @ 1045.75 - C 10 ES @ 1042.25 +3.50 pts
#5 S 10 ES @ 1042.50 - C 10 ES @ 1038.00 +4.50 pts
#6 S 10 ES @ 1042.75 - C 10 ES @ 1041.00 +1.75 pts
#7 S 10 ES @ 1043.25 - C 10 ES @ 1042.00 +1.25 pts
#8 S 10 ES @ 1044.00 - C 10 ES @ 1042.00 +2.00 pts
#9 S 10 ES @ 1045.50 - C 10 ES @ 1043.25 +2.25 pts
Now at times I am in several 10 ES positions at the same time, because I will do 10 ES ADD's as the price goes against my previously entered position (kind of like scaling in). The rest of the day I spent covering my other ES SHORT Position Trade at the 1034.50 and 1035.25 levels. I then re-entered this ES SHORT Position Trade at the 1035 and 1037.25 price levels for continuing to hold overnight as I have stated before.
Chris
BTW, thanx all for the PM's...I will answer them as fast as I can with the info!
