Tuesday, April 21, 2009

Easy Trading

Not much to report today. Ended up with a par in the morning, a par and a loss in the afternoon. But overall i'm not at all disappointed with the outcomes thus far. I mean i'm hitting a 87% win rate so far this week. A loss on occasion is to be expected. But again, easy trading to report... just sit and wait for everything to line up and nail 'em when they do. Every trade I was in today went greater than 50.00/contract in the NQ and +75.00/per in the ES which means i'm not completely off my rocker. I just didn't get signals to get out of the trade and take profits and they reversed against me.

Perhaps I could be better at getting out of the failed trades with more than a par but I kind of feel like i'm doing just fine as it is. I don't want to be bailing on situations out of fear before they launch off in favor so i'll just keep doing what i'm doing.

Already this week i'm feeling more confident than ever in my methodology and entries and I think it will be more than apparent in the weekly results.

Trade Results:

ES: +0.00
NQ: -55.00


Michael said...

I'm betting the ADX addition will make a big difference for you. From what I've seen so far it should for me too. I'm anxious to see how much overlap we'll have now.

Thanks for sharing the info!

Matt said...

Hey if it helps you that would be great. I'd love to see us turn things around in our equity curves this week and never look back!

If you want my modified ADX indicator that tells you when its dropped lower than 20 let me know!

Michael said...

Matt, Yea, I'd like to have that, I've been trying to figure out how to setup an alert on mine, with no luck.

Matt said...

shoot me an email at cyprusdaedalus@hotmail.com and i'll get it to you!

E-Mini Player said...

So, does the Blog get re-titled to "By Age 24" in 24 days? :D

Matt said...

it just might... damn it! I need to go pirate Photoshop again!

E-Mini Player said...

Here's a quick ghetto update of your blog header:


You're welcome LOL

Matt said...

BWAHAHAHAHAH!!! Thanks man!