Monday, March 2, 2009

The Trend is your Friend until the End

Today I traded 110% correctly. I caught some tiny profits in the morning in the ES, caught the end of the downtrend for a loss in the NQ and then the end of a pop upwards in the ES for a -2.25 point loss. Both losses were the absolute ending points for the current trend they were in and that is the risk we run using a pullback strategy. I took one final trade this afternoon off a tick chart in the ES that looked doubtful but ended up paying up a little with a +2 point profit. That being said, i'm very pleased with my execution, management, and overall results considering there wasn't a lot for this method to capture today.

All in all pretty crappy day for this method but traded correctly, and I still walked away with profit (albeit not much!!!).

Trade Results:

ES: +50.00
NQ: -25.00


tradetolast said...

I've never traded "more perfecter than possible", which is 110% of course. Nice job! :)

Matt said...

you never have? Well damn skippy! Your slacking! ;)