5/25/11 Trade results: 17 trades, $505 Profit

Attempting to implement our goal mentioned in yesterday's post, we tried to fill our reasonably set targets, around 10 ticks or so max, patiently wait for our entry signal, and not hesitate on entering a position when a good quality signal presented itself. If during a position, conditions change, we exit immediately no matter if its for a profit or loss.

We realized that it's very difficult to get a home run trade every time because market conditions are constantly changing. Also, we NEVER want to have a winning trade turn into a losing trade; that its very poor trading. Therefore, we find it comfortable for our trading style to be highly active during the day, having around 20 trade or so, and securing smaller profits; which can potentially add up to a large total by the end of the trading session.

We had approximately 9 trades during last night and the open this morning, and 8 trades during the regular session. Those trades were placed from a different computer than the one I traded the regular session with. For some reason, my entries and exits transferred over weird in NT on my chart, as you can see below. If anyone wants, I can post the AH trades from last night when I get home.