Trader P/L 2009

[brownsfan019 17]

Traded the Emini on sim again today but with my regular signals and readings. $825. on 14 trades. On 2- I got out at even, 3- I got stopped out, that leaves 9 winners. Can't post a P/L stmt here cause the sim don't do it. I missed the first hr big move up but I got a good piece of the move at 1:30, and a nice long after the FOMC report came out. Anyways all in all not a bad day. Just wish I could remember where I left my you know what's, there around here somewhere, I'm sure they'll turn up soon. lol

 

robert

 

Robert - not sure what you mean the 'sim don't do it'. You can just take a screenshot of anything - dom, your ongoing p/l meter, whatever...

[Mr_black 10]

5 trades today 4 winners 1 loser +4.25 net

[daedalus 10]

Mr. Black - are those tiny triangles just pivot highs/lows?

 

Good trading today!

[Mr_black 10]

Mr. Black - are those tiny triangles just pivot highs/lows?

 

Good trading today!

Swing High / Swing Low on lower time frame the arrows are Swing High/ Swing Low on higher time frame

[JKLM 10]

as usual, mised key trades ...

those setups that I trade, mostly exit be b/c I wait for large win :doh:

 

tommorow is public holiday in europe and asia ...so probably US market will be slow

maybe I will not trade tommorow

[pimind 10]

 

Trades for wed-thur. Didn't trade on mon-tue. Had 6 trades one small loss. It was not in my trading plan it was a gamble and didn't pay off I had a tight stop . Its keeps it fun sometimes.

[brownsfan019 17]

4-30-09

 

 

 

Nothing special here today.

[brownsfan019 17]

5-1-09

 

 

 

I'll take it for a Friday.

[Mr_black 10]

5 trades today 4 winners 1 loser +5 points net....+18.25 net for the week

[edabreu 10]

Did most of it overnight so frid could be free..

[brownsfan019 17]

Did most of it overnight so frid could be free..

 

ed - do you trade daily? been a few days since we saw a blotter, just curious how often you trade.

[pimind 10]

Here are my traes for today. Could have been a much better day but muissed a couple of trades and got out way to early on a couple. I was scalping today.

 

 

 

Good weekend. Happy trading.

[edabreu 10]

ed - do you trade daily? been a few days since we saw a blotter, just curious how often you trade.

 

Yes, I trade everyday.

[brownsfan019 17]

Yes, I trade everyday.

 

Just curious since we only seem to see occasional blotters.

 

How did the entire week & last month treat you? The indicators hold up ok?

[bathrobe 10]

I am still trading with small account. Should not be much longer though.

[bathrobe 10]

I am still trading with small account. Should not be much longer though.

 

The 1 positive of the smaller account is that I have found some new setups that work under current conditions rather well. When I am more capitalized I will let them run more.

[edabreu 10]

Yes, they continue to perform wonderfully.

 

If you are genuinely interested, you can always follow along in detail on my blogs.

 

If occassionally posting is not suitable for what you want on this forum then let me know.

[brownsfan019 17]

MAY 1ST UPDATE

I have a little time here before heading to poker, so thought I'd give a little update on how I've done here since I started posting.

 

 

To recap:

* For purposes here, account being tracked started at $10,000 USD.

* Doing my best to focus on prime setups and then shut it down for the day. Being a smaller account, I really can't afford to take a big intraday drawdown, so only the best of the best is being used here.

* Limiting the amount of leverage being used as well. As you can see from blotters, most trades are 1 contract w/ the occasional 2 contracts per trade.

 

 

And some stats on the account:

 

# of Trading Days: 44

Gross P/L: $9,912.51

Per Day P/L: $225.28

$10k % Return: 99.13%

 

 

Cumulative P&L:

$1,312.51

$2,365.65

$3,131.29

$3,806.29

$5,187.53

$6,625.04

$7,379.30

$8,219.40

$9,912.51

 

 

Which looks like this on a chart:

 

 

 

My observations:

 

* I'm happy that the result as of now is good. Basically doubled the account in 2 months.

* I think focusing on my premier setup has helped dramatically keep everything in check, esp. intra-day drawdowns.

* With that said, I'm not satisfied w/ the per day P&L. I'm actually very disappointed that the per day is currently running at just over $200. The reason I am not satisfied is that throughout my 2 months of posting here, there has been 1 theme - following the plan completely.

 

 

The 2 biggest challenges for me going forward:

 

1) Taking all the trades that I see and not filtering trades out based on gut feel or hunches.

2) Letting the winners get to the specified profit targets. I'm too quick at times to hit that flatten button.

 

 

Wrap up: all in all, I'm content with the performance but it could be better.

[bathrobe 10]

:applaud: Brownsfan

 

It is very impressive that you cover many markets and wait for your setup each time.

[brownsfan019 17]

:applaud: Brownsfan

 

It is very impressive that you cover many markets and wait for your setup each time.

 

Thanks BR. I've found that I am good at being patient and waiting for the setup on the markets I am watching. The issue now is letting the plan work 100%, all the time. Too many winners being cut short.

 

All in all, I'm happy that I started the thread and how it's been going. I was hoping more would regularly participate, but posting here has helped me see the issues at hand a little easier. Yes, we'd all like to be all-start traders that don't need help, but that's a few more years down the road.

 

[MCM 10]

Enjoying the thread - even if input is limited sometimes. The nice part - no one is selling anything - so you know the input is (likely) genuine. Helps reinforce the concept that you can trade what works for you - and be successful.

 

Spent the better part of the week dealing with the Swine (overhyped) Flu. Am an ER doc/director - and it has taken me away from the market since Monday.

 

The good - missed some of the chop that was the ES/NQ.

The bad - missed the set up for FESX once again (2270 level paid off three times...unfortunately only got it once.)

 

 

The one thing I am starting to notice on my performace - have two accounts. One is with TS - which is where I do my charting. Very easy/convenient to drop a quick (impulse - feeling - gut) trade. Other account is with Ninja - where I set up some "perfect" level trades.

TS account: -5% for the past month.

Ninja account: + 40% with a 90% win ratio.

 

Nugget in that statistic...just need to keep reminding myself of it during the day when the impulse to push the button hits.

 

Four days away from trading did let me know one thing - I missed trading. Looking forward to the markets opening up on Monday! Hopefully the CDC & Media wont go crazy over the weekend.

[hedonQ 10]

Hello,

This is my last stand as a trader. I have 3 months to turn things around.

Perhaps, joining the thread will promote greater accountability, competitive drive. and sharing ideas.

I trade FX, gpb/usd.

 

 

Today's is a bank holiday in UK. I'll start posting tomorrow.

Thanks

[Ronin 10]

Hello,

This is my last stand as a trader. I have 3 months to turn things around.

Perhaps, joining the thread will promote greater accountability, competitive drive. and sharing ideas.

I trade FX, gpb/usd.

 

 

Today's is a bank holiday in UK. I'll start posting tomorrow.

Thanks

 

Custer's last stand.

[brownsfan019 17]

5-4-09

 

 

 

Perfect trades (if executed to the plan). Got out of the 6E way to soon here. Nailed the LODs on both trades, but too quick to hit the flatten button.

[pimind 10]

Having a horrible day, I have not been following my plan and getting horrible fills. Trying to stick with the plan this afternoon and hopefully can get to even. :crap: