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Futures Trading Results

Hi everyone.. Whew. what a day… Was a bit longer than expected.. I traded till about 10:30 am today.. I had a rough pre market – couldn’t seem to get ahead, so I waited until after the open. Ended up positive – which is my goal – every day. But I did have a longer day.

It was volatile today and the market did not know what it wanted to do!!

*** Members *** The video will be later on tonight. I have a personal matter that I must attend to and will not be back home until later..

Today’s Trades:

  • Trade 1:   -5 ticks
  • Trade 2:   +3 ticks
  • Trade 3:   -5 ticks
  • Trade 4:   + 2 ticks

At this point it was clear the market didn’t have a trend. So I recovered about half of my loss and waited till the open.

After 9:30

  • Trade 5:   -5 ticks
  • Trade 6:   +8 ticks
  • Trade 7:   +4 ticks  (THIS IS HOW I RECOVER)
  • Trade 8:   +2 ticks
  • Trade 9:   +2 ticks
  • Trade 10:   + 2 ticks
  • Trade 11:   + 3 ticks

I took the extra couple trades to make sure commissions were covered. Actually was more ahead than I thought.  I ended up +2.75 before commissions. After commission: about 1.68 point positive. So I really didn’t need the last trade. I did take it so I record it on the blog!

All and all a fine day. I admit it was rough and I was frustrated. It’s not always I take so many losing trades. This is when you REALLY have to follow the rules and STAY DISCLIPLINED!! So I am not complaining… When we get days like this,  it just makes for a longer day!!

If your interested in learning more about my Day Trading Course, please email me!

Good Trading

David Marsh

 

This entry was posted on Thursday, November 29th, 2007 at 1:59 pm and is filed under Daily Trading.
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