9 Trades Monday

The worst trading days always lead to the most trades. It shouldn’t be that way, but it is.

In stocks, I had 4 trades for 3 wins and 1 loss. In ES, I made 5 trades, for 3 wins and 2 losses. I’m still not trading ES like a pro, though. Gotta get better at it. I’m having a great time programming TS strategies and backtesting them, though. I took the time to learn how to do that this weekend. Turns out it’s really easy. The hard part is making a strategy that backtests profitably. I found one ES strategy that works reliably on the short side over the last 5 months. So, I’ve got that running now to give me a heads up when those trades happen. It’s not set to automatically execute trades, though. I want to push the button myself for now, anyway. Hopefully we’ll get some of those trades soon, so I can show them off. There were no signals for that strategy today.

You can see on the stock trades that I made an inticator that points out box formations, so I can try out box plays more often (I find them harder to spot than triangles sometimes). I traded one .50 box today, but I used a very tight stop instead of the full .50 stop. You might say that was a mistake because that meant I had to take two entries (1 stop-out and 1 win) instead of just having a single winner. After all… the box play never loses money! I swear, that thing’s unstoppable!

Leave a Comment

Please note: Comment moderation is enabled and may delay your comment. There is no need to resubmit your comment.