Wednesday, December 14, 2011

12/14/11Trade Results: 13 trades, $130 profit with a 15% win rate!

Today was very interesting. I had the 1st trade of the morning long at the lows of yesterday. It was a classic system setup, also, following the system, I got stopped out for a profit of $5. I ended up having 13 trades today and only 2 of them were profitable! BUT, applying the number one rule, cut losses short let profits run, I ended the day with a slight profit. I had plenty of mistakes today regarding fighting trend, I had way more long trades than short trades and according to my system that's a problem. I will review today later on and try to fix the issue of forcing counter trend trades. I seem to "notice" more seller failure trades in a short environment than there actually are. Lets see what I can come up with tonight to fix this for the future! I finished with $130 at the end of the day.

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3 comments:

  1. AnonymousDecember 15, 2011 at 3:16 AM

    Hi HT Trading,
    I just found this blog and found it very interesting! I invest in leveraged Long/Short ETF of US equities. I will learn from you a lot.
    Thanks for the postings!
    From Belgium

    ReplyDelete
  2. AnonymousDecember 15, 2011 at 10:02 AM

    Hi,

    I have been reading your blog for a while. I am very interested in your SF/BF trading methods. But in practice I find it very hard to get right. So I wanted to know more about how you enter your trades: do you simply notice an old high and then simply put in a sell order a few ticks below it with a stop a tick or two above it? Or are you actually waiting to see some kind of reversal take place? I find that everytime I wait for a reversal, I usually miss the trade or get a poor entry which causes my stop to be wide

    Thanks.

    ReplyDelete
  3. UnknownDecember 16, 2011 at 1:59 PM

    Thanks for the support guys!

    Poster from Belgium,
    If there's anything specific that you would like me to post on / something I can give my opinion on, please let me know and I will be more than happy to do so!

    Poster regarding SF/BF entry signal,
    Do you use skype? Probably the best thing would be for us to get on a call and talk. If you do, give me your skype name and I will add you to my contacts.

    Thanks again!

    Tim

    ReplyDelete

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