Trades on ES for Wed, 26-Nov-2008

My goal is $700 for the day. Today I grossed $812.50.

Total Trades = 3 (1 hr, 9 min. from 7:57 am to 8:30 am EST and 9:50 am to 10:26 am EST)
Contracts Used at 1 Time = 2 ($500 margin/contract)
# Profitable Trades = 3 (100%)
# Costing Trades = 0 (0%)
Range of Profitable Trades = $100 to 412.50
Range of Costing Trades = $0

Total Profits = $812.50
Total Costs = $0
Commissions = $15.96
Net = $796.54 (79.7% ROI of capital used)

Things I Did Well for Today:

1. Planned my trade. Traded my plan.

2. Did not trade when I was distracted.

3. Knew where I was - location.

4. Set stops (profits & costs) appropriately.

5. Did not sit at the computer the whole time, so let my trades work.

6. Traded based upon the price action, indicators & understood where i was.

7. Stopped trading when I reached my goal for the day.
0 Responses

Amazon Store