Marketgeometry

Monday, January 21, 2008

December Monthly Review 1/21/2008

My monthly numbers:
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Wins: 31 Losses: 24
Avg Win: 38.88 Avg Loss: -66.04
Gross Trading: -379.65
Commissions: -340.54
Net Trading: -720.19
Biggest Win: 120.00 Biggest Loss: -399.00
Data Fees: -30.00
Interest: 308.47
Account Net: -441.72
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I was not happy with December at all. I had many opportunities to make money and failed to pull the trigger or size my trades correctly. I guess I am still looking for the right instrument to trade where I can take enough risk and not freak out.
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One thing that sticks out in this month was I fat fingered two trades. That cost me a total of about 800 this month and I would have been in the black. One of them I put in the wrong price in premarket. The other I was long 50 have I short 200 to cover the position.
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As I said at the end of last month, I was going to trade the YM more. I did but did not see the results I wanted. This was many because I was only buying or selling breakouts or breakdowns when I should been following my YM system instead.
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As I say every month, going forward now, I need to risk more.

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