Trading Results January 13, 2014
One word to describe this morning’s trading….”Bouncy”. The market was very erratic on the NQ, if you were trading it this morning, you know. We took 3 NQ trades with 2 of them losing in the morning session so we had to come back in the afternoon to recover…and we did just that. We took 1 trade on the NQ which was a winner and 2 REALLY nice ES trades that you can see on the charts below. Our morning session resulted in us being down $340.00. The afternoon session, we ended up making $455.00 on only 3 trades. We got back our loss + profited on the day. This is all from trading about an hour this morning and only 50 minutes this afternoon. Guys and gals, losing trades are going to happen and there is no holy grail out there. It is all about how you deal with the losing trades emotionally, staying disciplined and following the system rules. Obviously knowing what trade to take and what trade not to take is an important step in trading and recovering and we teach you all of this in the Power Trading Course. If your trading is struggling and you are interested, send us a email.
Here are the trades:
ES 1-13
+4+6+6 = +200 – Afternoon – See Trade on Chart
+4+6+4 = +175 – Afternoon – See Trade on Chart
+375.00 Trading the ES
NQ 1-13
+4 BE BE = +20
-12-12-12 = (-180)
-12-12-12 = (-180)
+4+8+4 = +80 – Afternoon – See trade on Chart