Yet another slow week for trades, but another 100% win rate week. So, hard to feel too bad.
| Total P/L: | 1.99 R |
|---|---|
| Trades Taken: | 3 |
| Winners: | 3 (100.0%) |
| Expectancy: | 0.66 R |
| Biggest Winner: | 0.97 R |
| Biggest Loser: | N/A |
I tried a number of other times (ok, maybe 5 other times) to enter trades, but wasn’t filled. Clearly, I’m being very cautious right now, and probably will until we see a few really good trending days. I’m also watching for new types of trades I would feel comfortable making, and trying to check on those ideas.
September 22nd, 2006 at 12:56 pm
how would those other 5 trades have gone for you if they had gotten filled, even at a higher price(assuming they were longs)?
September 22nd, 2006 at 1:06 pm
@DanB: I don’t remember them all, so I can’t say. The one today would have been another scalpy trade on X, for sub-1R profits. I was expecting it to fall further because STLD was falling so hard. I wish I had noticed STLD in time to get in. That would have been a really nice trade.
September 22nd, 2006 at 6:59 pm
wow, 7 for 7 in the last two weeks. Not bad, man. I have 17 hits for 35 at-bats the last two weeks.
September 22nd, 2006 at 7:15 pm
@Ugly: thanks… it looks good during this winning streak. But, if I ever have a 3 trade losing streak, I’ll be posting 0% win rates that week! I won’t enjoy that. I gotta make more trades!
September 24th, 2006 at 11:11 pm
Nice!! Last week I traded 4 days, up R 1.9 after commission. Largest win +1.9 R, largest loss -.5 R. 3 losses, 2 wins, 4 scratch. Made money, but wasn’t pretty. Thanks for the website, it is really helpful!!
September 24th, 2006 at 11:50 pm
@Zoomie: thanks! And good work on your trades. The markets are not easy, lately!
September 29th, 2006 at 10:44 am
[...] Anyway, here are the stats for this week. Only 3 trades, just like last week, though these were not as profitable. I took Thursday off, due to social obligations, but I doubt it would have helped much. [...]