Super - lots of trades - Tuesday

Posted on February 5, 2008
Tags: Futures, Day Trading |

I had way too many trades on today, it was looking OK early in the morning but then pretty disastrous later on till the afternoon when things stabilized a bit. It is obvious my trading style is having a difficulty in this current market condition. Especially with the mornings action which is a key part of my strategy and edge. I traded ILMN, PFG, SIRF, SPF, ARMHY and WOOF. The win rate is simply appalling as only SIRF contributed meaningfully to the end P&L. Plus a couple of ER2 trades which worked out OK. The end result is just +0.5R but better than the hole I was in earlier.

Off to get some sleep, I’m dead tired, been working non-stop for several days. I’ve got several projects I’m juggling, different trading styles and systems R&D. It’s fun, frustrating, challenging and overall extremely interesting but can get exhausting after a while. Nevertheless, it will continue till I get something workable in place.

Comments

2 Responses to “Super - lots of trades - Tuesday”

oonr7 on February 5th, 2008 4:37 pm

I’ve had many a long day and night since I first decided I wanted to trade futures. However, the futures action the past two days hasn’t been very conduction to the way I want to trade them.
Get some rest.
eyal on February 6th, 2008 12:44 pm

I finally managed to get some rest from the screen today. I’m planning on devoting more market time to futures in the near future ;-)

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