Took a couple more trades. Meaningless scalps. Since they are scalps that lowers my average win but still since no losses still ok
Just took a 2 point trade on 1 contract. so now 7 trades all winners. meaningless. LOL may not take any more today. Visiting with Dad.
Bot another contract. went against giving opportunity for averaging into a loser. Bot another cheaper. Sold both for a profit on both. This is probally my last trades for the day ...but you never know....ROFL Any that makes 9 winners. No losers. average win ..ok so..so..
Had a meaningless day this morning in the NQ. All winners. Average win good. Over $1000.00 net. Had a terrible performance in the ES. It was almost a meaningful day! In the end I was net profitable and that trumps all other stats. But trading requires intense focus and concentration with good execution. This is what can happen when you are tilling your Dads garden for him (he is 84) and trading two instruments at the same time. Lack of concentration..focus and of course execution. In the end it affects net profit. While I still came out over $1500.00, after losses in the ES my average win was less than my average loss. And my win rate was not good (at least for my standards). I should have had 3 times that amount of profit in the ES as I was trading a little more size this morning. Do not till garden spots while trading. Gotta take Mom to the doctor after lunch so I am probally done for the day. But who knows? I may sneak in another trade or two.
I did sneak in a few more potatoe chip money trades before the close. Here are the updated stats. The latter trades were all winners. They upped my win rate but lowered a little the average win amount since they were scalps. In the end net was over $1900.00. That is what counts but still not happy with my performance.
What does 1K win represent as a % of your account? What is your max exposure (maybe in beta terms) at any point in time in a day?