December 2013 Results

Trades:11
Winners:4
Losers:6
Break evens:1
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Total Gains: $289.00
Total Losses: $539.50
Avg Gain: $72.25
Avg Loss: $89.92
Biggest Gain: $114.00
Biggest Loss: $200.00
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Trade Net: -$250.50
Commissions: -$80.24
Day Trading Net: -$330.74
Month Net:-$330.74
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Did not trade much this month.  Trying to work on a new idea. I am using way too many indciators and crap on my charts.  Trying to just look at lot less.
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One trade this month sticks in my side. The employment numbers caused big moves on the 6th. I had 3 setups firing off at the same time- crude, euro and S&P.  I did not know which one to pick. I have picked them all.  I have the account size to do it. Instead I only picked the EURO. The S&P moved $800 and crude moved $1400 in the right direction. The Euro on its first attempt did not make it and stopped me for a $200 loss but on the second attempt it moved over $500. I did not have the guts to take the second trade.
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Botton line is I should have taken all four trades and made over $2500 for the day.  Instead I chickened out and sat with a $200 loss -  the story of of this years trading for me.