Postmortem 20-December-2006
December 21, 2006 – 9:31 amNothing much to write. I will keep this short. I made one trade yesterday. I longed NQ with break even result.
I missed the downward movement after lunch hour as Trend chart was still moving up, so I did not consider any short position. After browsing through my trading journals, paper trading journals, as well as reading charts during back testing, my dummy system seems to be working better in NQ than ES or YM. No conclusion yet, just some observations.
I think this week should be the last trading week of the year. Next week should be the time for everything other than trading, if you still call yourself human. So, next week, give yourself a chance to be a human. Forget about trading, get a life.
Two more days to go before I end 2006 trading year, end of the first 6 months of my day trading life. I have not made millions, or lost my shirt, yet (in fact, I manage to achieve 10% growth of my trading capital this year). But, I am feeling good so far.
Though I did not make any trade this month, I still have 1-R loss. Data fee + Tradestation platform fee. hohoho… Merry Christmas.
From the desk of Tradergav.com
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Tags: Trading Psychology
Great job Gav — a 10% capital gain during your first 6 months of day trading is awesome. Here’s to an excellent 2007!
Thanks Estocastica!
From your trades posted on the blog, I am sure you will have a great 2007 as well.
Merry Chritsmas.
nice job!
Thanks John.
10% growth is really a peanut. I have to work harder in 2007.
btw, you have successfully created some hoo ha in blogsphere by adding excessive FUEL.
gav: lol…for your 1st 6 months that is great…it was about 6 months into daytrading that i had a huge loss, and started to take risk seriously…u are doing far better than most after such a short period…keep it up