Andy's Day and Position Trading Journal

Hi Porgie,

you are right. I am not very happy with the indices (YM and ER) at the moment and not trading it.

Happy trading,

Andy

 

Andy,
I see that you dont trade the NQ ....... any particular reason .....I've had many that I can point to over the course of the last 2-3 years.... but just curious.....

 

Hi Andy
my feeling is that Mr. Ross preferd to trade spreads. It would be nice if yu can show some spreadtrades from time to time. Just a suggestion.
Greetings

 

Andy has another journal for his spread trades:

http://www.elitetrader.com/vb/showthread.php?s=&threadid=41382

-Skog

 

NQ and ES are moving up and down too much for me. Too many day traders and scalpers.

Andy

 

Hi Fox-Mulder,

you are absolutely right. Joe Ross likes the spreads because they have not been changed over the years and you can trade them the same way like years ago.

Andy

PS Thank you Skog!

 

Today’s Day Trading – 03/10

Euro FX 3 minutes: 8:47am – Short TTE (RH) at 13443, stop/target 6 ticks – all out at 13438 (time stop).

Result for today: +10 ticks ($125)


To be consistent with my recordings I add my monthly summary (hypothetical result due to 2 contracts):

January:
Euro FX: +76 ticks (+$950) 23 trades
Mini Dow: -46 ticks (-$230) 9 trades
Mini Russell: +120 ticks (+$120) 3 trades

February:
Euro FX: +103 ticks (+$1362.50) 37 trades
Mini Dow: -10 ticks (-$50) 13 trades
Mini Russell: +55 ticks (+$550) 12 trades

March:
Euro FX: +4 ticks (+$50) 11 trades

 

Today’s Day Trading – 03/11

Euro FX 1 minute: 7:38am – Short reversal bar at 13501, stop/target 6 ticks – all out at 13495. 8:00am – Long reversal bar at 13444, stop/target 6 ticks – all out at 13450.

Euro FX 10 minutes: 7:50am – Short reversal bar at 13483, stop/target 6 ticks – all out at 13477.

Euro FX 3 minutes: 8:08am – Long TTE (1-2-3) at 13449, stop/target 6 ticks – all out at 13443.

Result for today: +24 ticks ($300)


To be consistent with my recordings I add my monthly summary (hypothetical result due to 2 contracts):

January:
Euro FX: +76 ticks (+$950) 23 trades
Mini Dow: -46 ticks (-$230) 9 trades
Mini Russell: +120 ticks (+$120) 3 trades

February:
Euro FX: +103 ticks (+$1362.50) 37 trades
Mini Dow: -10 ticks (-$50) 13 trades
Mini Russell: +55 ticks (+$550) 12 trades

March:
Euro FX: +28 ticks (+$350) 15 trades

 

Andy,

just an observation. If I remember correctly you wrote as a part of your trading plan a while ago that you wouldn't trade during the week of the rollover.

Any special reason why you traded this week against your trading plan? Or why did you remove this from your plan?

If you've explained this earlier I apologize for repeating these questions.

-Skog

 

Skok,

you are absolutely right. But as far as I could see the volume was ok in the new month.

Happy trading,

Andy