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Friday, November 27, 2009

Performance This Week

Hi guys,

It was another week where we traded in small size due to the choppy low volume market conditions: Remember YOUR capital preservation is my NUMBER ONE GOAL NOW. HALF the normal size on all allocations. TRADES labeled as DAY TRADES were half size and trades labeled as SWING TRADES were quarter size: It was AN UP WEEK!! First one in 3 weeks. Now, the trades i took today were ALL high probability trades in my book. Under normal circumstances, I would have taken a FULL positions in ALL OF THEM so today would have been a monster day for us under normal circumstances. But i am not worried about that, i know that if you trade to protect capital first, a winning rhythm will get eventually and the bigger money trades will come!! I had some great ideas this week but with a little more patience, what were good trades could been MONSTER trades. I feel good about this week and i am very happy with how discipline won the week for us.

Traded smartly and with lots of patience and discipline to WAIT FOR THE PROPER SETUPS TO SURFACE! That's what made the difference this week.



LONG/SHRT Symbol Entry Price Exit Price % Profit/Loss
Holding Period








LONG AGU 57.92 57.94 0
day trade Half size
LONG NUVA 31.99 31 -0.75
day trade Quarter Size
LONG TNA 33.4 34.2 0.6
day trade Quarter Size
LONG IPI 29.8 30.6 0.67
day trade Quarter Size
LONG GLD 113.64 114.22 0.13
day trade Quarter Size
LONG CLF 43.75 43.85 0.12
day trade Half size
LONG IPI 31.12 31.14 0
day trade Half size
LONG AONE 16.5 16.35 -0.45
day trade Half size

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