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Archive for November, 2009

It is Friday the 13th for those of you who are superstitious. Just 1 trade today. Stopped out. We had some news release with initial negative reaction, but that didn’t last long and the market turned around and flew up higher. It’s amazing how the market has turned around after some big drops towards the end [...]

No trades today. There was several close call opportunities for a trade, but did not confirm and trade was not taken. Hindsight shows we are glad they did not confirm as it was a pretty choppy trading day without much movement.

2 trades today. Unfortunately neither went in our favor. First trade we ended up with a small loss, second trade stopped out. It’s ok, days like this come and go, we have to stick to our trading plan and continue taking trades that come out of the strategy and system. Days like this are what [...]

Just 1 trade again today. Finished with about 3 or so points profit on the emini NQ. I was up a lot more, but the conditions to get out were not there and gave up some of the profits. It’s ok, better in the plus than negative. Traders remember, in order to continuously make money and be [...]

Great way to start the week. 1 beautifully profitable trade. Finished early and went out to take care of other things. There are days when you take a trade and they don’t feel good in your gut, but they are part of the trading plan, so you must obey and take the trade. Today was [...]

Interesting day today in the markets. We had a sharp move up to start the day which was followed very quickly by a drop that almost gave back all the gains. I had 1 trade today, was up a decent amount before market retraced and I ended up with a small profit. Better than nothing. [...]

The markets opened sharply higher today and did not even make an attempt to go down. It was a nice up day with a decent move, but unfortunately I did not have a trade to take advantage of it. So finished the day with no trades. For traders who have a problem with discipline, this [...]

FOMC day today. You always have to be extra careful on FOMC trading days. I had 1 trade today, went against me for a little bit then market turned around and I finished nicely up. So 1 profitable trade. Today the markets opened up pretty strong. Almost all the eminis were above their R1. They [...]

Today was the absolute opposite of yesterday. We barely had any good moves and the whole day market chopped around before moving slightly up. Had just 1 trade today and finished with a loss. Tomorrow’s another day. As I’ve mentioned before, days like this are the ones that makes trading difficult, you become prone to over [...]

It’s the beginning of the week and the first trading day of a new month. I had a great month last month, let’s hope this month turns out to be the same. Had 2 trades today. 1 for a small loss and the 2nd a nice profitable trade that not only made up the loss, [...]


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