Review week ended 09-Feb-2007 : Staying Flat
February 9, 2007 – 8:56 pmIt was an interesting and yet disappointing week. I have more losing trades than winning ones, and I closed the week flat. It would have been a positive week if Tradestation did not play some monkey tricks and forced me to close my position early. Anyway, I don’t wanna find an execuse for my performance.
There were couple of lessons learned this week.
There were two trades, where I was too eager to establish position when NQ was still in trading range. I got stopped out. And, in contrast, there were two trades, I patiently waited for setup outside trading range, I was rewarded (though one of them exited prematurely due to platform problem). I have missed out opportunity in the Friday afternoon. It happened after lunch hour.
Two good trades (1 screwed up by platform), 2 bad trades
Summary:
- Total P/L(after commission): +0.02 R
- Trades taken: 5
- Winners: 2 (40%)
- Losers: 3 (60%)
- Expectancy: 0 (well, +0.004..)
- Biggest winner (after commission): +2.81 R
- Biggest loser (after commission): -1.12 R
From the desk of Tradergav.com
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