Trader P/L 2009

+ $638

Still suffering from "knows how to put on a trade, doesn't know how to manage one" syndrome.

Wise Traders: How many years before I master the second half of the game?
 

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+510 TF ~ too many round turns

OK... who turned the lights out on Russell 2000 futures?

Instead of posting a blotter showing beer money, here's a picture that depicts why trading the TF is right now a one-contract venture at best.

From Oct thru late Dec, daily volume averaged 200,000+ contracts. The past nine sessions, including all four in 2009 have been less than 100k contracts. Oct thru late December = wide range intraday bars. Past four days = extremely muted ranges.

1/2 the previous volume, contracted intraday ranges. No explanation for the present TF slumber. I do know it's hopeless trying to press multiple contracts entered... ain't happening. If/when volume returns to 200k average or above, I'll be back in there myself. Until then, trading ES alone off fast charts for +3pt ~ +4pt profit objectives using -1.5pt initial stops.

Will resume posting results tomorrow, ES trades
 

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