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Day Trading – This Week’s Results!

Here are the results of our trading system as called out in our Live Trading Room – I unfortunately am unable to record a video as I am having data issues and am unable to load up charts at the time of this writing.

In any event, these we’re the trades we had:

Monday:
NSE -8 ticks
NSE B/E
NSE B/E
EET B/E
Super EET + 12 ticks
Pullback + 4 ticks

Tuesday:
EET -5
EET – 4
EET – 4
NSE – B/E
NSE + 8 ticks
Super EET + 12EET +2

Wednesday:
Pullback -6
NSE +8
NSE +2

Thursday:
NSE + 4

Friday:
NSE + 4

Total of 56 Ticks Gained
Total of 27 ticks lost

Profit of 29 ticks or 7.25 Points

So, based on 10 contracts:
10 x 7.25 points $ 3625
Less Commissions ($4.50) 18 trades x $4.50 x 10 contracts = $810
Total profit for week $ 3625 – $810 = $2,815.00

Not too shabby of a week. Even a small contract trader only trading 5 contracts made a nice $1407 dollars using The Tick Trader Method. As you can see, we DO take losing trades! However, we also recover and profit. That truly is the name of the game when you day trade for a living – RECOVERY! Sure it would have been nice to have 5 winning trades all week – but we didn’t. All traders take losing trades, and we are no different. We simply follow the trading system rules and recover!!

Enjoy the weekend! And be sure to get in touch if you have any questions about our trading system!

Cheers!!

 

This entry was posted on Friday, October 1st, 2010 at 5:32 pm and is filed under Daily Trading.
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