Another productive day. I really like the action so far this month. Lots of intraday swings in the indexes provides lots of opportunities in individual stocks.
I'm particularly proud of today's avg. win/avg. loss ratio, almost to 3:1.
Total Trades: 30
Shares: 6000
Winners: 14
Losers: 16
Win %: 47
Avg Win $: 30
Avg Loss $: -11
Max Win $: 165
Max Loss $: -21
Win$/Loss$: 2.32
Gross P/L: +242
Didn't get to trade as much as I would like (too many distractions), therefore I concentrated on quality over quantity. Things worked out well. The large max loss was due to very wide spread on that particular stock.
Total Trades: 13
Shares: 2330
Winners: 6
Losers: 7
Win %: 46
Avg Win $: 90
Avg Loss $: -39
Max Win $: 245
Max Loss $: -143
Win$/Loss$: 1.99
Gross P/L: 269
My system is based on price action, no indicators just very basic charts (5 min & 1 min). I will glance at daily sometimes for certain types of setups. Also watching the ES constantly throughout the day to judge the general market sentiment and overall bias (long/short).