How'd you do this week?

Discussion in 'Index Futures' started by smilingsynic, Sep 19, 2008.

How did you do this week (9/15-19)?

Poll closed Sep 29, 2008.
  1. My best days ever have been on this week

    19 vote(s)
  2. Better than average, but not my all-time best

    14 vote(s)
  3. Average week

    12 vote(s)
  4. Worse than average, but not my all-time worst

    8 vote(s)
  5. My worst days ever have been on this week

    7 vote(s)
  1. E-mini traders who trade stock index futures (ES, NQ, the Russell, HSI, EMD, DAX, etc), please answer.

    Many thanks. :)
  2. I am a bit above average. My system works best in chop. My best days are volatile but rangebound.
  3. One of my best weeks - over $120,000 profit at close
    of trading Thursday; day still has some time to go until close but I estimate another $40K today. I trade S&P & e-mini futures, and options.
  4. I just started swing trading futures last week. Thursday actually. I was up quite a bit by wed and then the dollar, euro, yen, pound, oil, gas, and gold all reversed on me! What a case of bad luck!! I will finish today positive but only at 1/3 of what I had topped out this week.

    If I learned one thing this week it was patience. Not jumping in and out. Not easy with this market.
  5. what no statements attached to the forum?
  6. jagmot


  7. I wonder if the percentage of big winners to big losers was the same for those who trade options.

    All of those who were short gamma/bearish on financials were crushed by the end of the week if they did not cover.

    This was my personal best week ever, with two 90+ days per on the ES (did not trade on Friday). But I know that I missed other opportunities.

    I think the lesson here is to be PARTICULARLY CAREFUL during options expiration week. The overnight moves and giant gap up on Friday were due in part to the need to hedge because of settlement of S&P options.

    I bought IAI and UYG close to the bottom on Thursday noon, but there were opportunities in otm calls in individual stocks that I simply did not consider. The wild, jaw-dropping moves this week were as strong as anything I have seen in the markets since September 2001.

    Good luck in the coming weeks.