Wednesday, April 9, 2008

Slow Day - Up 5,000

The market was basically flat mid day. Towards the end of the day I placed some trades but I was not focused enought.

Those trades were loosers, big ones too. I did started to hope for a comeback but the looses got bigger. I did not stick with my stop loss param, and it cost me !!

In addition for some reason I was anxious towards the end of the day. I should of stop trading. Live and learn.

Pnl: $5,700
Trades: 9 - Wins: 6 (66% Winners)
Shares Traded: 180,000


1450 Exit Sell: SSO: 10K

1450 Exit Sell: SSO: 10K @ 6914 (-1100)

1438 Entry Buy: SSO: 10K

1438 Entry Buy: SSO: 10K @ 6925

1406 Exit Buy: SSO: 10K

1406 Exit Buy: SSO: 10K @ 6970 (700)

1404 Entry Sell: SSO: 10K

1404 Entry Sell: SSO: 10K @ 6977

1359 Exit Buy: SSO: 10K

1359 Exit Buy: SSO: 10K @ 6960 (600)

1358 Entry Sell: SSO: 10K

1358 Entry Sell: SSO: 10K @ 6966

1355 Exit Buy: SSO: 10K

1355 Exit Buy: SSO: 10K @ 6951 (-500)

1351 Entry Sell: SSO: 10K

1351 Entry Sell: SSO: 10K @ 6946

1333 Exit Buy: SSO: 10K

1333 Exit Buy: SSO: 10K @ 6949 (-700)

1325 Entry Sell: SSO: 10K

1325 Entry Sell: SSO: 10K @ 6942

1210 Exit Sell: SSO: 10K

1210 Exit Sell: SSO: 10K @ 6950 (1100)

1156 Entry Buy: SSO: 10K

1156 Entry Buy: SSO: 10K @ 6939

1121 Exit Buy: SSO: 10K

1121 Exit Buy: SSO: 10K @ 7010 (1500)

1114 Entry Sell: SSO: 10K

1114 Entry Sell: SSO: 10K @ 7025

1005 Exit Sell: SSO: 10K

1005 Exit Sell: SSO: 10K @ 7015 (300)

1003 Entry Buy: SSO: 10K

1003 Entry Buy: SSO: 10K @ 7012

0944 Exit Buy: SSO: 10K

0944 Exit Buy: SSO: 10K @ 7048 (3800)

0935 Entry Sell: SSO: 10K

0935 Entry Sell: SSO: 10K @ 7086

Flat open....

Looks like a flat opening. I expect not much volatility until around 10:30 (Oil report).  Let's see how the days pans out for daily trades....