I trade 1 ES

random trader · Dec 6, 2003

12/5/03

Action:
daytrade 1 ES +3 point
reduce ZF/ZN
reduce ES/NQ

Current positions:
long ZF/ZN (1/4 size)
short ES/NQ (1/4 size)
short QM (1/4 size)

Account equity vs. start of thread (8/15/03): +9.8%

random trader · Dec 6, 2003

Weekly updates from now on.

I have reduced my long term positions significantly so I can focus more on short-term trades. Although I started this thread thinking daytrading doesn't work, my own results are telling me otherwise. Nothing wrong to be flexible and make changes to plan using new information.

I will do short-term trades (including daytrades) on the same contracts ES/NQ/ZN/ZF/YG/QM.

random trader · Dec 13, 2003

12/8/03-12/12/03 Daytrades

ES 6 trades 6 winners +14.5 points
ZF 1 trades 1 winners +2/32 points
ZN 4 trades 2 winners +5/32 points (Stopped out at the high tick of the week! Otherwise, all trades will be winners)

It's not a bad week and could have been much better. I am in the process of winding down remaining long term positions.

random trader · Dec 21, 2003

12/15/03-12/19/03 Daytrades

ES 11 trades 7 winners -10 points (blame Saddam)

December option trades (QQQ and TLT option trades keep me from feeling bored and overtrading futures)

QQQ 13 trades +$207
TLT 14 trades +$471

random trader · Dec 26, 2003

12/22/03-12/26/03 Daytrades

ES 5 trades 4 winners +3.75 points
ZF 2 trades 2 winners +8/32 points

random trader · Jan 2, 2004

12/29/03-1/2/04 Daytrades

ES 5 trades 2 winners -10.75 points
ZF 1 trades 0 winners -1.5/32 points

random trader · Jan 9, 2004

1/5/03-1/9/04 Daytrades

ES 3 trades 2 winners +1.25 points
NQ 6 trades 6 winners +18 points
ZF 1 trades 1 winners +3/32 points
ZN 1 trades 1 winners +3.5/32 points

SethArb · Jan 9, 2004

you had a loser and do you ever take home a loser

hoping it will come back for you?

or are you only a scalper with a very high win % ratio ?

random trader · Jan 10, 2004

Quote from SethArb:

you had a loser and do you ever take home a loser

hoping it will come back for you?

or are you only a scalper with a very high win % ratio ?

I am not that good. Just got lucky this week. So you didn't look at the previous weeks?

random trader · Jan 10, 2004

I will end the thread here. Because of my new work schedule, I wonât be able to trade during work most of the time. As a result, I will stop daytrading stock and bond futures and trade Forex more often. Forex is more active during off hours.