Hi Johnny, On a day when you make around 50 trades, approximately how much do you pay in commissions?
Good day, lots of action everywhere. One thing that stands out today is my shorts... got 7 out of 7. Total Trades: 44 Shares: 8660 Winners: 26 Losers: 18 Win %: 59 Avg Win $: 25 Avg Loss $: -18 Max Win $: 116 Max Loss $: -96 Win$/Loss$: 1.98 Gross P/L: +320
Another productive day. I really like the action so far this month. Lots of intraday swings in the indexes provides lots of opportunities in individual stocks. I'm particularly proud of today's avg. win/avg. loss ratio, almost to 3:1. Total Trades: 30 Shares: 6000 Winners: 14 Losers: 16 Win %: 47 Avg Win $: 30 Avg Loss $: -11 Max Win $: 165 Max Loss $: -21 Win$/Loss$: 2.32 Gross P/L: +242
Not much action today with S&P in a narrow 6 pt range. Despite that was able to post decent profit. Total Trades: 43 Shares: 8600 Winners: 23 Losers: 20 Win %: 53 Avg Win $: 23 Avg Loss $: -15 Max Win $: 183 Max Loss $: -101 Win$/Loss$: 1.74 Gross P/L: +227
Didn't get to trade as much as I would like (too many distractions), therefore I concentrated on quality over quantity. Things worked out well. The large max loss was due to very wide spread on that particular stock. Total Trades: 13 Shares: 2330 Winners: 6 Losers: 7 Win %: 46 Avg Win $: 90 Avg Loss $: -39 Max Win $: 245 Max Loss $: -143 Win$/Loss$: 1.99 Gross P/L: 269
Your doing well, any insight on the type of system or method you use? Thanks and keep uo the good work
My system is based on price action, no indicators just very basic charts (5 min & 1 min). I will glance at daily sometimes for certain types of setups. Also watching the ES constantly throughout the day to judge the general market sentiment and overall bias (long/short).