Hey guys, I'm alive. I was out in California for a few days, and then over the last several days my doctor had to readjust my migraine medication and it made me sick as a dog. Ill post the results from this week and catch up this weekend. Brandon
Sorry for the delay in getting this up this week. Toni was gone so I was in charge of everything (both business and house) so I got behind on everything, including this. Tuesday ES Long 898.25. Out 895.25. Loss 2.5ES ES Long 902.50. Out 905.50. Gain 3.0ES Daily net. +0.50 ES or $25 per contract traded Weds NQ Long 1067.5. Out 1064.5 -3NQ NQ Long 1064.0. Out 1063.0 -1NQ NQ Long 1070.0. Out 1068.0 -2NQ Daily Net - 6 NQ or -$120 per contract traded Thursday NQ Short 1084. Out 1089. -5NQ ES Short 924.0 Out 921.25 +2.75ES YM Long 8805. Out 8830. +25 YM Daily net -5NQ, +2.75ES and +25YM. or $162.50 per contract Friday NQ (Short) 1110. Out 1105. +5 NQ Daily net +5NQ or $100 per contract. Weekly total: 9 Trades. +$167.50 per contract traded for the week. +$113.50 after commissions of $6 per round turn. B
About a couple of weeks ago I've joint Brandon's chat room (2 weeks of free trial). I highly recommend it for newbies. I've tried some other chat rooms for education purposes (never paid for any services) and this is first one I could follow. Very honest, with lots of explanations and Brandon is always there to help. I am not related to Brandon I am from Russia and I still miss Super_Ego
Never fear. Much like a hearty virus he is still among us. He morphs regularly. These days he is Doogie Hoser, some days ago he was Katrina.
Today did not produce too much. We did have the NR7 on friday, but over the last several weeks we have seen a higher level of volatility, so that was not something that had me thinking we would see a trend day. I was expecting it to be pretty choppy, which is what it was. Got one trade off today, which resulted in a stop. I will trade tomorrow if there is a reasonable gap and a basis to do so based on that, otherwise I am pretty much done for the month as we will be spending Weds, Thurs and Friday with family for the holiday. Nov. 25th. NQ Short (1:48pm CT) 1122 and covered at 1125.5. -3.5 Days Total: (includes round trip commission of $6). -$76. Monthly Total: $904.5 (9.05%) Thus, a 30K account +$2713.50 after commissions. This has been pretty much of a normal month. I think that 10% a month is a reasonable gaol for a trader to shoot for, so coming in just short of that. Overall if you read the journal, I think you will see there has been nothing at all specatular, just kinda of a slow steady sorta (tortuous) thing. When I was losing money I used to have have huge days (both up and down) but consistency has been acheived by being slow and steady. I hope you all enjoyed the journal and learned something from it. If nothing else that you dont have to trade 10,000 times a month to make a living, and that a conservative approach can yield good results. Brandon