Tuesday, May 6, 2014

ES 5/6/14 +1.75

Loser on the 3rd trade. Not surprising, given past records. Maybe should just stick with 2-and-done.

E-mini S&P 500 Futures chart for Tuesday 5/6/14

Monday, May 5, 2014

Wasted opportunities +1.50

It was a mostly uneventful day, which I sometimes find difficult to trade. Slow days = more time to think = analysis paralysis. Hence, didn't act on a trio of good long setups (talked myself out of taking them). Should have acted, instead of thinking too much.

E-mini S&P 500 Futures chart for Monday 5/5/14

Also, going forward, instead of posting on a daily (or almost daily) basis, I might just do weekly postings. 

Friday, May 2, 2014

Batted 4-4 for +4.25

Traded single lots today. First time that I could recall where I had 4 straight winners. 2 straight was my sound barrier (max). After that, it's mentally very hard for me to risk entering into a 3rd trade. Main reason being that I lose -1.50 to -2.00 points for failed trades vs making +1.00 to +1.25 for winners. Doesn't help that most of my past 3rd trades were losers (I think).

E-mini S&P 500 Futures chart for Friday 5/2/14

Thursday, May 1, 2014

ES 5/1/14 +2.00

Difficult to trade today, especially the afternoon session. Slow and hypnotic.

E-mini S&P 500 Futures chart for Thursday 5/1/14

Wednesday, April 30, 2014

ES 4/30/14 +5.00

Did 2 contracts per trade today. Was tempted to jump in on a few occasions around the time when the FOMC statement came out. Good thing I held back and sat on my hands. Always dangerous to trade during these types of events. Fast money could be made, but even faster money could be donated away.

BTW, IB no longer supports TWS 938.1. NT users will need to update to version 944.3 prior to tomorrow May 1st. Doing my update tonight.

E-mini S&P 500 Futures chart for Wednesday 4/30/14
ES chart 4/30/14

Monday, April 28, 2014

ES 4/28/14 +3.00

Only traded the morning session, as I have to be away for the afternoon to run some errands. Would've had an even better day, if not for a losing short trade. Was too quick on the trigger. If I had waited for more confirmation of the setup, I would've realized that I was shorting near the trend line support area. Live and learn, I guess (I hope).

E-mini S&P 500 Futures chart for Monday 4/28/14
ES chart 4/28/14