Month in review January 2007
January 31, 2007 – 11:40 amI start the year with new trading plan and focus on NQ futures (E-mini Nasdaq-100) trading and one setup. In total, only 10 trades were made this month. I closed the month with 5.31 R. Well, more works need to be done.
Summary (after commission):
- Total P/L: +5.31 R
- Trades taken: 10
- Winners: 5 (50%)
- losers: 3 (30%)
- Break even: 2 (20%)
- Expectancy (Total R/trades taken): +0.53
- Biggest winner: +2.84 R
- Biggest loser : -1.09 R
Some interesting statistics from Tradestation:
- Average Time in Trades: 19 minutes
- Winners: 24 minutes
- Losers: 7 minutes
Minimum target for February will be 5.31 R . I hope I am able to make it in the early part of the month. I will be traveling to Malaysia and Indonesia during the second half of February.
From the desk of Tradergav.com
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Tags: Monthly Review
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