+577$. Not a bad day at all considering all the whip saws.
Trader P/L 2014
- Thread starter sellindexvol66
- Start date
-63 net
I'm taking a few days off the clear my head and analyze things. I'll be back after the Fed meeting.
I'm taking a few days off the clear my head and analyze things. I'll be back after the Fed meeting.
I traded an equal number of pullbacks and breakout, long and short in TF and ES alike. Net result was max loss capped for the day and done.
Only one sequence all session covered any distance. Late morning I was short 8 ES contract total from 1837.00 > stop 36.75 and price was down to 1835ish. After a couple hour's drinking coffee and then iced tea, it was way past time for a trip to the boy's room. I sat there with gritted teeth until price was "safely" away from my stop, working in favor and looking good. Then stepped out of the office for just a few minutes. In that time the market dropped to 1833.25 and v-spiked right back up to take out my trailed stop at +1 tick on its way to the next whipsawed highs.
What was nearly +$1,600 on that position evaporated in one of numerous v-turn whips and spikes that did not abate from bell to bell. Other than that, there was nothing but chop. Matter of fact, except for Thursday's noon hour dive, the past two session were nothing but constant sideways chop & churn straight thru. Decent run the past week, but price action still sucks overall. Index markets are chopped & churned, tough sledding. When price action smoothes out, we can return to making solid gains again.
Only one sequence all session covered any distance. Late morning I was short 8 ES contract total from 1837.00 > stop 36.75 and price was down to 1835ish. After a couple hour's drinking coffee and then iced tea, it was way past time for a trip to the boy's room. I sat there with gritted teeth until price was "safely" away from my stop, working in favor and looking good. Then stepped out of the office for just a few minutes. In that time the market dropped to 1833.25 and v-spiked right back up to take out my trailed stop at +1 tick on its way to the next whipsawed highs.
What was nearly +$1,600 on that position evaporated in one of numerous v-turn whips and spikes that did not abate from bell to bell. Other than that, there was nothing but chop. Matter of fact, except for Thursday's noon hour dive, the past two session were nothing but constant sideways chop & churn straight thru. Decent run the past week, but price action still sucks overall. Index markets are chopped & churned, tough sledding. When price action smoothes out, we can return to making solid gains again.
the last time vol ramped i was caught underinwested in long vol...not this time. marks may not be huge but if i can get some more movement (market direction does not matter) next week, they will bang well.
weekly marks @ IB
weekly marks @ IB
09:20:06 {austinp1} this week I'll attempt to trade all five morning sessions until 11am or so
09:20:55 {austinp1} Wednesday and Friday, most likely wrapped early due to fundamental (fomc and option expiry) price pins past the first hour or so
09:21:27 {austinp1} remaining days, will trade the afternoons if price is clearly trending away from open ranges and towards roadmaps
09:21:38 {austinp1} half-session work days, otherwise
**
I made the above statements to trader friends before today's opening bell for stock index pit session. Price action is above the open ranges and rolling sideways for now. Gap-up and spiked higher from the bell usually leads to trendless chop all session. Once in awhile, price will straighten out and continue higher OR turn down and reverse lower.
Regardless, it is 11:05am, I planned my trading and I'm trading my plan... done for the day with profits from short trades only.
I'll leave all the remaining profit potential for this session to everyone else who opts to press further
09:20:55 {austinp1} Wednesday and Friday, most likely wrapped early due to fundamental (fomc and option expiry) price pins past the first hour or so
09:21:27 {austinp1} remaining days, will trade the afternoons if price is clearly trending away from open ranges and towards roadmaps
09:21:38 {austinp1} half-session work days, otherwise
**
I made the above statements to trader friends before today's opening bell for stock index pit session. Price action is above the open ranges and rolling sideways for now. Gap-up and spiked higher from the bell usually leads to trendless chop all session. Once in awhile, price will straighten out and continue higher OR turn down and reverse lower.
Regardless, it is 11:05am, I planned my trading and I'm trading my plan... done for the day with profits from short trades only.
I'll leave all the remaining profit potential for this session to everyone else who opts to press further
09:20:06 {austinp1} this week I'll attempt to trade all five morning sessions until 11am or so
09:20:55 {austinp1} Wednesday and Friday, most likely wrapped early due to fundamental (fomc and option expiry) price pins past the first hour or so
09:21:27 {austinp1} remaining days, will trade the afternoons if price is clearly trending away from open ranges and towards roadmaps
09:21:38 {austinp1} half-session work days, otherwise
**
I made the above statements to trader friends before today's opening bell for stock index pit session. Price action is above the open ranges and rolling sideways for now. Gap-up and spiked higher from the bell usually leads to trendless chop all session. Once in awhile, price will straighten out and continue higher OR turn down and reverse lower.
Regardless, it is 11:05am, I planned my trading and I'm trading my plan... done for the day with profits from short trades only.
I'll leave all the remaining profit potential for this session to everyone else who opts to press further
You've been very consistent, but how realistic is their demo? That's CTS, correct?
OEC platform, and I don't know how the demo version works... only tried it for one day before going live to learn the functionality.
To be honest, I've had a couple of grayed-out events during heavy volatility in late Jan - early Feb but the same was true before with zenfire and CQG at various times. I still use Ninja and CQG, don't see any noticeable differences with price feeds on either platform.
OK, I didn't realize you could name the account anything other than the digits assigned to the account vs. "Russell2K" as shown.