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Emini Day Trading Results

Good evening everyone. I did not trade today. I had a meeting earlier and I thought I would be back by noon to catch some afternoon action. Never happened. It’s past 6:30 pm and I am just now looking at the market. Therefore todays trades are HYPOTHETICAL.  So take it with a grain of salt!!

Pre Market:

Trade 1:   + 2 tics

After the bell

  • Trade 2:   – 8 Ticks
  • Trade 3 :   + 7 ticks
  • Trade 4:    + 3 ticks  ( I would have more than likely stopped here. but will continue)
  • Trade 5:   – 6 ticks
  • Trade6:    – 8 ticks
  • Trade 7:   + 8 ticks
  • Trade 8:   + 5 ticks
  • Trade 9:   + 3 ticks
  • Trade 10:  + 2 ticks

If all this happened I would have been done around 11:30

I actually low balled two of the trades. I get accused of “cherry picking” so I made sure I would have FULLY RECOVERED and made a profit.  I would have honestly not have done all this but I want  to illustrate this for a couple reasons. 1) this is why I stop after a point profit – so I don’t have to trade all day. 2) to show that I DO take stop losses. and finally 3) I know and I teach HOW TO RECOVER from a losing trade!

Ok. Well still would have made my profit today in any case. That’s what it is all about. Taking 1 – 1.5 points a day and calling it quits.

If anyone is interested in my Trading System, please email me.

David

 

This entry was posted on Thursday, December 13th, 2007 at 7:52 pm and is filed under Daily Trading.
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