Discussion in 'Journals' started by DTES, Jun 1, 2006.
Results of June 01 2006
If you don't mind me inquiring, what exactly are you trading?
As my handle suggests - I daytrade the e-mini s & p...
I will try to summarize my daily trades as below :
NT ( Number of trades ) :
CT ( Total number of contracts for the day )
LT ( largest # contracts for any given trade )
W/L/BE ( win, loss. breakeven )
Will also try to post Entry/Exit- prices and times .
Daily Trading Plan -
I will try to post it when i am ready for the day . Usually between 9 - 9.30 am.
My plan is for daytrades. I do not hold positions overnight - even if the charts suggest so.
This plan is based on Market/Price action of charts on various time frames. For analysis highest time frame is the daily, lowest is the 3 min.
However the highest time frame I use to fine-tune my entry/exit during trading hrs is the 15 min. Lowest is the 1 min.
I hope this helps you as much as it has me, I seem to do much better when I feel everyone is watching. When its just me myself and I, I have a tendency to lose focus.
Its like when I do bench press alone I struggle to lift 225 five times. But is someone is watching I can to 9-10 reps. Its all physiological.
Trading Overview Friday June 02 2006 :
Support - 1279 - 1277
Resistance - 1296 - 1298
Planned Trades : short with 4 pt stop into resistence
long with 2 pt stop into support
Will also be looking for low risk scalps on both sides between these areas depending on how the setups present themselves as the trading day unfolds.
Results of June 02 2006
Given May was a screwy month for most of us can you post your P & L for the month of May. If you dont I can understand.
Separate names with a comma.