Trades: 25
Winners: 13
Losers: 7
Break evens:5
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Total Gains: $1187.50
Total Losses: $-475.50
Avg Gain: $91.35
Avg Loss: $67.86
Biggest Gain: $359.00
Biggest Loss: $162.50
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Trade Net: +712.50
Commissions: -$155.37
Day Trading Net: +$557.13
Month Net: +$557.13
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On the surface, this looks like a good month. All the stats are the way i like them - more wins than losses, and the average win bigger than the average loss but it was a lot crazier than I would have like. I had my first mental breakdown day were on 3 trades I lost $300. That was my first crazy day since last year I am glad it only cost me $300. Second item for the month, my biggest gain was playing an IPO break out. Something I seldom do. Third, I had an order entry screw up where I wanted to trade one crude contract but somehow entered 6. Lucky I got out with a small profit once I say my mistake.
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Work is getting busier and busier so I have a feeling my trading is going to be limited going forward.
I wish I was doing this succussfully full time and blogging more.
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I am very happy with most of my entries. It is with the exits I am still having problems with. I put a trade on and it goes no where for 5 minutes so I jump out with a tick or two of gain or loss only to see it then move to target. But all in all, I have had 3 1/2 months of in the black trading. i might be on to something.
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4 comments:
Hi, are you still with eminimoney, if so would you recommend it?
Thanks
Yes I am with eminimoney and if you want a very simple system with the goal of two points a day - I would highly recommend it. I do not get anything for recommending it.
there is also a free trail so you can get a feel for what is happening with out buying anything - email me if you have questions - prezjeff@yahoo.com
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