got chopped up in the morning. Then finally caught the move to 42 to get back to break even. Then placed a short @1341.25. Tight stop of 1342.25, then had to leave for 2 hours. Of course my stop gets hit and we push down 6 points. Figures. Shorted 1338.75, hoping for a nice push down, and instead they rocket it up. Bad day for me.
Okay day but I'm disappointed nevertheless, HOD was much higher. Thinking about pulling one strategy off the table, it's in significant drawdown and struggling for the last 3 months in this low volatility. 0218: +$1124. --------------- Week: -$387.
slow day; relatively large amount of action for me despite that; still missed a lot of great signals...just nice to have consistently trusted my new system...once I manage to do the same thing for 4 days next week, I'll raise size.
Traded Kospi tonight in anticipation of a little-to-nothing morning tomorrow, due to the President's Day holiday. This may well be the last daily P/L I will post, for a while. At this point I am not sure it is making me a better trader, and in the end, that is all that counts. Right? On some days I have stopped myself taking a trade because I do not want to end the day in the negative. This is playing overly conservative, trying not to lose instead of trying to win (and knowing full well that one must lose in order to win). That mental lapse is simply unacceptable and not conducive to being my best.
Did I read this right? Daily take = $707k? If so, that's pretty incredible. And if so, why would you be a part-time trader? I share your sentiments regarding posting in the P&L thread. I think I'll stick with it for awhile longer to see what happens. Plus no one really participates anymore like they used to in past years.
cut some winners very short today....still keeping size small as long as I remain consistent with my rules today...trading HPQ after-hours...will post later if necessary