Today did not produce too much. We did have the NR7 on friday, but over the last several weeks we have seen a higher level of volatility, so that was not something that had me thinking we would see a trend day. I was expecting it to be pretty choppy, which is what it was. Got one trade off today, which resulted in a stop. I will trade tomorrow if there is a reasonable gap and a basis to do so based on that, otherwise I am pretty much done for the month as we will be spending Weds, Thurs and Friday with family for the holiday.
Nov. 25th.
NQ Short (1:48pm CT) 1122 and covered at 1125.5. -3.5
Days Total: (includes round trip commission of $6). -$76.
Monthly Total: $904.5 (9.05%)
Thus, a 30K account +$2713.50 after commissions.
This has been pretty much of a normal month. I think that 10% a month is a reasonable gaol for a trader to shoot for, so coming in just short of that. Overall if you read the journal, I think you will see there has been nothing at all specatular, just kinda of a slow steady sorta (tortuous) thing. When I was losing money I used to have have huge days (both up and down) but consistency has been acheived by being slow and steady.
I hope you all enjoyed the journal and learned something from it. If nothing else that you dont have to trade 10,000 times a month to make a living, and that a conservative approach can yield good results.
Brandon