NQ Paper Trade Journal

Stop-Loss moved to 4809.75

 

Exit 4804.75 [11:32AM]

P&L: +5.25

 

Missed the reversal.. too aggressive limit price entries.. will not chase

 

2016-09-20 Summary

Daily P&L: +1.25 (2 trades, 1 loser, 1 winner)

Trade Summary
Trade 1: Choppy day. Didn't think the market would break 4811.50 based on the charts. Early on the entry. [-4.00]

Trade 2: Could have held out for original profit-take price, however with the choppiness it looked like the market was reversing. [+5.25]

Multiple opportunities to go long in the afternoon, however I did not take them. Definitely surprised at the strength of this afternoon rally though with the impending FOMC announcement tomorrow.

 

Trade 1: Short 4824.00, Stop 4832.00, Profit-Take 4813.75 [10:31AM]

 

Profit-Take moved to 4823.50

 

Exit 4823.50 [10:46AM]

P&L: +0.5

 

2016-09-21 Summary

Daily P&L: +0.5 (1 trade, 1 break-even)

Trade Summary
Trade 1: Bad execution as I was early on short. [+0.50]

 

Trade 1: Short 4874.00, Stop 4882.00, Profit-Take 4863.75 [10:15AM]

 

Exit 4882.00 [10:26AM]

P&L: -8.0