Stats for Live/Real$ Trades in ES:
| # of Trades | 10.00 |
| Longs | 0.00 |
| Shorts | 10.00 |
| % Break-Even: | 50.00 |
| % Win | 20.00 |
| % Loss | 30.00 |
| Avg Win | 1.25 |
| Avg Loss | -0.42 |
| Largest Win (pts) | 1.50 |
| Largest Loss (pts) | -0.50 |
| Total Win (pts) | 2.50 |
| Total Loss (pts) | -1.25 |
| Net Gain/Loss (pts) | 1.25 |
| ES Daily Range | 11.00 |
| P/L as % of Daily Range | 11.36 |
Stats for Live/Real$ Trades in NQ:
| # of Trades | 14.00 |
| Longs | 14.00 |
| Shorts | 0.00 |
| % Break-Even: | 7.14 |
| % Win | 28.57 |
| % Loss | 64.29 |
| Avg Win | 2.94 |
| Avg Loss | -1.11 |
| Largest Win (pts) | 6.00 |
| Largest Loss (pts) | -1.50 |
| Total Win (pts) | 11.75 |
| Total Loss (pts) | -10.00 |
| Net Gain/Loss (pts) | 1.75 |
| NQ Daily Range | 21.25 |
| P/L as % of Daily Range | 8.24 |
2:10 PM (Central) Update - Got back to my desk around 1:30 PM and figured I would Sim it...this is soo much easier on Sim!
You rebounded your week and have started making profits live. The hardest part is over and it gets easier from here on out.
ReplyDeleteGreat job man. Hopefully it won't be too long before your back live again!
believe you are on your way there. You already realize that the nervous factor is not allowing you to trade freely.
ReplyDeleteI am not an expert but I try to limit my trades at 1 or 2 a day. Go for 2 points a day , by doing so, I set my goals lower and build confidence, I also avoid to make my broker richer than he is :).
Have a great weekend and look forward for your next week adventures :)
One time I left an open position in my sim account for 2 months without knowing, came back and was up 5k.
ReplyDeleteWhy can't I do that kind of stuff with my real account? lol
btw, good job on the green. You have the know-how, now you just have to practice the mechanics. :D
Thx guys! I think I'm going to try to trade the PM sessions over my lunch break. Even if I don't make much money, at least it will keep my (trading) mind sharp and keep me in the game.
ReplyDeleteGood luck with the new job and squeezing in trading when you can!
ReplyDeleteHey
ReplyDeleteI am no expert but my best trading days are the ones where I make no more than 3 to 4 trades, I think 24 is overtrading.
Tavi, agreed. 24 is def. over-trading but my goal was to get comfortable entering Live trades in real-time since I was hesitating too much earlier in the week. Putting on 24 trades certainly helped in that area..a positive P&L was bonus :)
ReplyDeleteEMP,
ReplyDeleteYou realized that SIM is much easier than the real one. Some traders didn't.