The Tao of Minimalistic Trading: $300 Daily Profit

[schizo]

This price move is too damn crazy and I'm too damn tired. Calling it a night.

 

[schizo]

it looks like it wants to go down!

(or maybe not)

Signing off...

 

[schizo]

Expecting light trading due to MLK, l decided to trade the AH. This day ends with a gain of 8.25 points or $412.50.

Today's Trade Stat

No. of Trades (Round-trip)*: 19
No. of Winners: 10
No. of Losers: 9
W/L Ratio: 1.11
Avg Gain: 2.13
Avg Loss: 1.44
Cumulative P/L: +8.25 Points

* Breakeven trades have been omitted

$300 Daily Challenge (1/04/16 - 1/29/16)
Winning Days (>= $300): 7
Losing Days (< $300): 4

 

[Aj2014]

+8?! How'd you manage that? lol. Impressive.
Just one trade for me which nearly killed me from boredom. Chopped around and didn't hit my TP nor my stop.

 

[schizo]

Short 1891.25

 

[schizo]

Short 1891.25

Out 93

 

[schizo]

Short 94.25

Edit:
ST 96.50
PT 80.75

 

[schizo]

Short 94.25

Edit:
ST 96.50
PT 80.75

Stopped out 97.25

 

[schizo]

The noob in me is crying foul: It can't go this high. This market is damn rigged!

Lesson to be learned: No high is too high. (When in doubt, stay low.)

 

[schizo]

♣ HOD and LOD for 01/19/2016 (a minor tribute to those who think prediction is for losers):

1) I would like to say the HOD is somewhere between 1910 and 1915.
2) We've already marked the LOD at 1859.75 and we ain't going back down to that level for a good while. But the intraday low, namely a pullback, will be approximately 1887.

Good trading y'all.