I almost sold 10 ESZ last night at 1133, but didn't as most would agree that's too much leverage for a 5k starting account.
-1200 loss in FX. I need to make a note that I was warned there was possibly an impending rally, just didn't adjust my positions accordingly. Staying short NQ x 1 @ 1991.5 for next week. Suspect move in my eyes that the markets can rally ~2% on some month old data about a 1% increase in durable goods.... Let's see if signs of a weakening market will payout next week.
Luckily my greed didn't cause me to lose any money, rather prevented me from making around 800. Some key notes: We are at a historic (years) support/resistance level. Jumping the gun (opposite of patience - a key to making it in this game), caused me to sell too early when my study of the futures market has told me to wait a while after the open on Sunday night to place a trade due to certain phenomena. Signs of weakness, but my trend signals are mixed but majority bullish from last week. Still short 1991.5 x 1 NQ.
Waiting till my indicators line up one way to decide the market trend. Still some mixed signals. Taking note of price/volume relationship has helped make me my last ~$2,000 in the after hours market. Still short 1991.5 NQ, + ~$300 on the position today
Frustrating when you deviate from some of your rules due to noise and you get burned. Should have kept the original position. (long es @ 1136 x 5)
Stayed up to watch market for small profit ~100. Again should have stayed in original trade for anywhere between $800-1200. Still learning. Gonna hit the hay, since I can't watch the market I won't trade.
Net positive a couple hundred dollars gained totaling both FX and futures accounts. Loss has been in FX, gain in Futures account. Unfortunately I could have made a couple $1k trades but didn't last night and the night before. The wide range large volume down day (30 Sep 10) spooked me out of my long on Thursday night, however indicators still say healthy bull market.
Didn't trade a couple of nights this week which I should have because they would have been profitable. Have $7,084 in the account at the moment. Didn't trade FX this week to regroup from loss.