Trades on ES for Wed, 24-Dec-2008

My goal is $700 for the day. Today I grossed -$1075.

Total Trades = 13 (about 12 hrs)
Contracts Used at 1 Time = 8 ($500 margin/contract)
# Profitable Trades = 3 (23%)
# Costing Trades = 10 (77%)
Range of Profitable Trades = $50 to $150
Range of Costing Trades = $50 to $325

Total Profits = $275
Total Costs = $1350
Commissions = $103.74
Net = $-$1,178.74 (-29.5% ROI of capital used)

Areas To Improve:

1. Did not verbalize trades.

2. Sloppy trading.

3. Very distracted.

4. Overtraded.

5. Forgot to set a limit on my costing trades and overall costs I would take.

6. Did not plan my trades.

7. Kept trading when I should have just stopped.

8. Not focused.

NOTES: I don't know that I did anything right on this trading day.
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