DayTrading Results July 9, 2009
Emini Trading is slow this time of year. The Sept. Contract is always the slowest one to trade imo. I always look forward to the Dec Contract.
In any event – I did about 10 trades today! Wow – alot of trades! I ended up ahead 1.5 points profit – but I made a mistake! I was actually up with profit after my 5th trade – so my 6th trade I only needed 2 ticks MAX to make it a great day – the trade had 2 ticks to give me as well. However – I was going for a full “recovery” on the trade and it ended up being a loser. After that it was back and forth till about 11Am Eastern – after that I caught 4 straight winners and that put to the 1.5 point profit.
Day Trading for a living is not always an easy “job”. It requires so much confidence and discipline. I continuosly give that message to my students. For good reason too! Most of our days are pretty easy – one or two trade within 10 minutes of the bell and we are profitable and done for the day.
Somedays last a little longer – like today! So the discipline to follow the rules and the confidence to stay focuses is paramount!
So here is a list of my trades today
– 6 ticks / -4 ticks / + 4 ticks / + 4 ticks / +7 ticks (this is where I should have stopped) – 6 ticks / + 6 ticks / – 4 Ticks / – 6 ticks / +4 ticks / + 4 ticks / +4 ticks / + 3 ticks
If you have any questions about our emini trading system, please get in touch.
ETS