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Wednesday, July 2, 2014

**Live** Day Trading the /CL Futures - 7/2/14

Okay, boys and girls. I got caught yesterday in free fall (with one open long contract) so I held it overnight and tried to wait it out. The losses got up there, but on a mini rally this morning, I sold it -- giving up those glorious wins of yesterday (before the fall). It's okay, I'm still ahead.

Because I was holding, I didn't get any trading done this morning before I had to leave for work. So this is meager pickings. I included a photo of the piece beneath the Cash Report, to show my total profit since 6/26. That does NOT have the fees out of it, but I'm still proud of it. $1000 in a week, not shabby for a baby trader, non? And yes, I've spent $300 on fees, so you can see I make a LOT of very small trades, which is my strategy. Fees are just the cost of doing business in my book.

Tomorrow I start fresh, and see if this market settles down to something I can live with!

Okay, I need to start this list so you don't have to look back to see what's happened.

  • Date--------------- # of Trades--Daily Profit---less fees -----$5K Fund Balance
  • June 26, 2014------10 trades-------$200.00 --------77.00 ------- $5,123.00
  • June 27, 2014------7 trades--------$230.00 --------49.00-------- $5,304.00
  • June 30, 2014------8 trades--------$250.00-------- 56.00-------- $5,494.00
  • July 01, 2014-------18 trades------$810.00--------129.50-------- $6,174.50
  • July 02, 2014------1 trade--------($470.00)------- 3.50-------- $5,701.00
  • Happy Trading!

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