Trader P/L 2005

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EOD: +886


Today was weird... seemed difficult for me too.
I scratched two good trades because they hesitated too long and I did not want to squander the little profit I had.

Also, I missed a good signal (auto trading) on EMD. My chart did not load properly and so no entry... I discovered the missed trade after a significant runup. I wrote my systems so I was wondering why I had no position. I usually just track the systems via the order manager window. If the system status and position say "true" that means they are in sync. I didn't even bother to check the chart page running the EMD systems. Next time I'll be more vigilant.


All in all a good week.

Week: +5,567
 

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+706 today. DPH gave me about 460, make some in GLW, ELN, and went long out of Rita downgrade on ALL just like i missed yesterday and got 46 cents....... on 100 shares. Im such a pussy some times.

Oh and for the week, $2984, more than i made all of last month hah.
 
+1078, traded some NYSE coal stocks off the open and did pretty well in them. Made a couple good trades in WHR and thats pretty much it. Hardly traded the afternoon at all, found it very choppy.
 
- 309

All and all I am surprised at the losses and also surprised at the character of the market...

1. I expected a more pronounced move down to close the gap.
2. I expected a strong move up on a failure /reversal and breakout through the opening range high.

The (loosing) setups I took may turn out to be profitable ( based on the original trailing stops) but time of day mandated that I tighten the stops. If it doesn't work right away, the chances it's going to work are greatly diminished.

I made several technical mistakes today too which required reentry to make matters slightly worse.


Lets see what the systems do this afternoon.
 

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