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I trade 1 ES
- Thread starter random trader
- Start date
ES (1020.25-1029.75) no trade
ZT (108'310-109'100) no trade
YG (370.8-376.8) no trade
QM (29.15-29.75) no trade
ZT (108'310-109'100) no trade
YG (370.8-376.8) no trade
QM (29.15-29.75) no trade
9/3/03 Day 12
ES SEP03
Bias: down
Position: open from 1018 on 9/2/03
P/L: -27.25 (990-1008, 1018)
Sell and hold P/L: -37.25 (990-1027.25)
ZF DEC03
Bias: up
Position: open from 109'040 on 9/2/03
P/L: -5/32 (109'260-109'060, 109'040-109'160, 109'040)
Buy and hold P/L: -19/32 (109'260-109'070)
YG DEC03
Bias: up
Position: none
P/L: 0
Buy and hold P/L: 0
QM SEP03
Bias: down
Position: none
P/L: 0
Sell and hold P/L: 0
No fear, no greed, lots of patience
ES SEP03
Bias: down
Position: open from 1018 on 9/2/03
P/L: -27.25 (990-1008, 1018)
Sell and hold P/L: -37.25 (990-1027.25)
ZF DEC03
Bias: up
Position: open from 109'040 on 9/2/03
P/L: -5/32 (109'260-109'060, 109'040-109'160, 109'040)
Buy and hold P/L: -19/32 (109'260-109'070)
YG DEC03
Bias: up
Position: none
P/L: 0
Buy and hold P/L: 0
QM SEP03
Bias: down
Position: none
P/L: 0
Sell and hold P/L: 0
No fear, no greed, lots of patience
Lost network access since last night. Just got it back but still shaky. GTC orders seem to be the way to go.
ES (1021.25-1029.5) no trade
ZT (109'080-109'280) sell @ 109'160
YG (370.6-375.6) no trade
QM (28.475-29.525) no trade
ZT (109'080-109'280) sell @ 109'160
YG (370.6-375.6) no trade
QM (28.475-29.525) no trade
9/4/03 Day 13
ES SEP03
Bias: down
Position: open from 1018 on 9/2/03
P/L: -28.25 (990-1008, 1018)
Sell and hold P/L: -38.25 (990-1028.25)
ZF DEC03
Bias: up
Position: none
P/L: +4/32 (109'260-109'060, 109'040-109'160, 109'040-109'160)
Buy and hold P/L: +1.5/32 (109'260-109'275)
YG DEC03
Bias: up
Position: none
P/L: 0
Buy and hold P/L: 0
QM SEP03
Bias: down
Position: none
P/L: 0
Sell and hold P/L: 0
No fear, no greed, lots of patience
ES SEP03
Bias: down
Position: open from 1018 on 9/2/03
P/L: -28.25 (990-1008, 1018)
Sell and hold P/L: -38.25 (990-1028.25)
ZF DEC03
Bias: up
Position: none
P/L: +4/32 (109'260-109'060, 109'040-109'160, 109'040-109'160)
Buy and hold P/L: +1.5/32 (109'260-109'275)
YG DEC03
Bias: up
Position: none
P/L: 0
Buy and hold P/L: 0
QM SEP03
Bias: down
Position: none
P/L: 0
Sell and hold P/L: 0
No fear, no greed, lots of patience
Overnight
ES SEP03 (1025.5-1029.75)
ZF DEC03 (109'240-110'030)
YG DEC03 (372.5-375.1)
QM SEP03 ()
Waiting for employment number.
ES SEP03 (1025.5-1029.75)
ZF DEC03 (109'240-110'030)
YG DEC03 (372.5-375.1)
QM SEP03 ()
Waiting for employment number.
ES (1017.75-1029.75) no trade
ZT (109'240-111'000) no trade
YG (372.5-381.5) no trade
QM (28.625-29.075) no trade
ZT (109'240-111'000) no trade
YG (372.5-381.5) no trade
QM (28.625-29.075) no trade
9/5/03 Day 14
ES SEP03
Bias: down
Position: open from 1018 on 9/2/03
P/L: -22.5 (990-1008, 1018)
Sell and hold P/L: -32.5 (990-1022.5)
ZF DEC03
Bias: up
Position: none
P/L: +4/32 (109'260-109'060, 109'040-109'160, 109'040-109'160)
Buy and hold P/L: +1 1/32 (109'260-110'270)
YG DEC03
Bias: up
Position: none
P/L: 0
Buy and hold P/L: 0
QM SEP03
Bias: down
Position: none
P/L: 0
Sell and hold P/L: 0
No fear, no greed, lots of patience
ES SEP03
Bias: down
Position: open from 1018 on 9/2/03
P/L: -22.5 (990-1008, 1018)
Sell and hold P/L: -32.5 (990-1022.5)
ZF DEC03
Bias: up
Position: none
P/L: +4/32 (109'260-109'060, 109'040-109'160, 109'040-109'160)
Buy and hold P/L: +1 1/32 (109'260-110'270)
YG DEC03
Bias: up
Position: none
P/L: 0
Buy and hold P/L: 0
QM SEP03
Bias: down
Position: none
P/L: 0
Sell and hold P/L: 0
No fear, no greed, lots of patience
A quick summary after 3 weeks:
Something seems to be wrong. Basically, after I miss the entry, the market then runs away.
YG: twice missed my entry point by a fraction of a point. If I got in both times, the profit will be +6, while the buy and hold profit is +8.
QM: missed my entry point by 0.4. If I got in, the profit will be +0.5, while the sell and hold profit is +3.
ZF: +4/32 vs. + 1 1/32.
ES: if the market drops suddenly, the same problem may happen.
So far, my bias has proven right for YG, QM, and ZF. Yet, very little money was made on these. I think I know what the problem is. The experiment on each contract will terminate when the bias on that contract is reversed, at which time the two approaches will be compared. I have a strong feeling that the buy/sell and hold method will win out, but I won't draw any conclusions until the time comes. There are still weeks or even months for things to possibly come around.
Something seems to be wrong. Basically, after I miss the entry, the market then runs away.
YG: twice missed my entry point by a fraction of a point. If I got in both times, the profit will be +6, while the buy and hold profit is +8.
QM: missed my entry point by 0.4. If I got in, the profit will be +0.5, while the sell and hold profit is +3.
ZF: +4/32 vs. + 1 1/32.
ES: if the market drops suddenly, the same problem may happen.
So far, my bias has proven right for YG, QM, and ZF. Yet, very little money was made on these. I think I know what the problem is. The experiment on each contract will terminate when the bias on that contract is reversed, at which time the two approaches will be compared. I have a strong feeling that the buy/sell and hold method will win out, but I won't draw any conclusions until the time comes. There are still weeks or even months for things to possibly come around.