Trades on ES for Thurs, 18-Dec-2008

My goal is $500 for the day. Today I grossed -$300.

Total Trades = 2 (14 min. from 10:40 am to 10:54 am EST)
Contracts Used at 1 Time = 2 ($500 margin/contract)
# Profitable Trades = 0 (0%)
# Costing Trades = 2 (100%)
Range of Profitable Trades = $0
Range of Costing Trades = $125 to $175

Total Profits = $0
Total Costs = $300
Commissions = $15.96
Net = -$315.96 (-31.6% ROI of capital used)

Things I Did Correct:

1. Verbalized trades.

2. When trades broke the trend, I immediately got out.

3. I stopped trading when I realized I couldn't get my focus.

4. I had a $300 limit as to what I was willing to take as costs and stopped trading when that limit was reached.

5. I went to go get rest and settle my mind, instead of continuing to trade in the state I was in.
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