The adjustments I made worked out today. The market continues to be unforgiving, even small mistakes translate into large losses. There is simply no room for error in the current environment. In addition to my P/L blotter, I'm also posting today's P/L by position. +159 gross
I'm back after two week hiatus... Not sure if the markets improved but I'm not taking any chances. Continuing with my newly adjusted strategy until I see signs of the market improving. The main emphasis is on controlling the losses, profit is secondary. +80 gross
Tried to minimize the amount of trades. Collected the cash and shut down about 30 min. after the open. +105 gross
Things didn't really work out today... it was a struggle from the get go. I'm happy I ended up in the green, though barely (after comm). +53 gross
Very well done for the improvements. May I ask : how did you determine it was time to cash in and closed down for the day?
I keep a mental count of my winners to losers ratio. Mental - because I don't have the time to write it down as I used to. Normally this ratio is around 2:1 but today, for every winner there were at least 3-4 losers. Experience tells me that if I'd continued trading at this rate, I'm guaranteed to finish negative for the day.