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Tuesday, April 9, 2013

Total Trades       10

Gross Profit       $175

Commissions     $40.20

Net Profit           $134.80



Monday, April 8, 2013

Total Trades       12

Gross Profit       $175

Commissions     $48.24

Net Profit           $126.76





Sunday, April 7, 2013

What I am trying to do is showcase my trading including its flaws and see where I can take this account over a period of one year.
My eyes are on CL crude oil but I have to wait until I build up this account to atleast 15K to trade CL.  When trading CL I cannot play all the games I play with NQ as NQ is very forgiving and CL will definitely kill my account if I make the same mistakes.
Major imperfection of my trading is adding position to the losing positon. I trade with only 1 lot but sometimes I add.  Past week mostly I traded with 1 lot but I did add twice and max size was 2 lots.  That is what I am struggling with and trying to avoid and correct.
With my tiny account I can trade up to 17 contracts.  It is very tempting but such a leverage will definitely ruin my account as well as my confidence.
So my plan is to eventually trade CL and for now that is my goal.
Speaking of goals, my daily goal is only $100 and I try not to loose much after I reach it.  Most of the time I stop trading afterwards.
Following trades are from  Friday April 5, 2013


Total Trades       12

Gross Profit       $195

Commissions     $48.24


Net Profit           $146.76





Here are my cash balances from the beginning and ending of the week.









Thursday, April 4, 2013

Total Trades       10

Gross Profit       $155

Commissions     $40.20

Net Profit           $114.8








Wednesday, April 3, 2013

Trading was smooth compared to yesterday.

Total Trades       9

Gross Profit       $160

Commissions     $36.18

Net Profit           $123.82



Tuesday, April 2, 2013

Very slow and frustrating day.  Managed to get some tics.


Total Trades       8

Gross Profit       $110

Commissions     $32.16

Net Profit           $77.84