2 long fills, 2 flat. +0.01 average. +0.03 average for the month. Not as good as august (+0.07) but still not bad overall considering market conditions and one big loser trade.
I had 2 losses in longs, DUK -.06 and PFE -.04. It seems I got filled within fair value, because this was like some other losses. They didn't hammer against me, it's just they didn't move at all really, but when they started drifting down I got out. I do think if I could auto trade some profit taking I would be more profitable. I would need to write something within a new excell spreadsheet that would link to my broker MB Trading. I'll try to get to that...
Wow I just have to say, this strategy used to be one of my best however lately (last 2 weeks) I've been getting absolutely hammered anyone else?
sorry i rant, rave, and bitch. But wow!!!! this strategy took a complete nose dive, they go in the opposite direction ugh!
I think this is some historic volatility. I don't know that much but this seems like a tactic that will work best during workaday type market action. Don is old enough to have seen other market condition, but, I'm sure he is still making money with this every day.
September was my best month for openings all year. It does great in periods of high volatility, but is not for the weak stomached. You need to be able to take some heat and have some patience.