The Tao of Minimalistic Trading: $300 Daily Profit
- Thread starter schizo
- Start date
-2.5
Out 92.50
Out 89.75
Despite the strong 40+ point rally, I managed to end the day with 3 winners, 8 losers, and 5 breakevens, for a loss of 7.50 points or $375. By no means am I happy with the loss, but I ain't too troubled. I believe I did pretty well with all the losses, keeping them well under control. This clearly shows from the number of breakevens. On the other hand, what irritated me earlier was that first trade. I had placed this trade just before hitting the bed. I realized later that I pretty much nailed that bottom. But, sadly, I got stopped out just before price reversed and rallied hard. Had my trade survived, I might have ended this day in green. 
$300 Daily Challenge (1/04/16 - 1/29/16)
Winning Days (>= $300): 9
Losing Days (< $300): 8
Code:
Today's Trade Stat
No. of Trades (Round-trip)*: 11
No. of Winners: 3
No. of Losers: 8
W/L Ratio: 0.38
Avg Gain: 1.92
Avg Loss: 1.66
Cumulative P/L: -7.50 Points
* Breakeven trades have been omitted$300 Daily Challenge (1/04/16 - 1/29/16)
Winning Days (>= $300): 9
Losing Days (< $300): 8