06-30-2015 Monthly Results June 2015

What I got in June was what I was worried about getting in May. All of my systems historically have had tough times in the summer months - that's why May surprised me. As good as May was, June was just terrible trading. I made a decision at the end of MAY to increase the number of contracts on each chart  - I probably should not have done that just because it was summer - that was a bad decision.

A good trader must learn from what happens to the charts in real time and take advantage of the pureness of "LIVE" trading - there simply is no good substitute for live market action. Some things I am considering for the future:
1) possibly scaling out of trades when trading multiple contracts
2) possibly moving my stop to break even when the chart gets close to a profit target - so it cannot turn into a loss
3) trading more charts with less contracts - still a good idea, but remember that's where I started. The more charts in play, the more likely that one of them will "break" on you and dig a money pit before you decide its broken.

The portfolio lost $2567 this month - not earth shattering, but considering that I traded 242 contracts this month its not very good either.

06-30-2015 Results

What a difference a month can make - 30 days ago I was planning all the fishing trips I would be taking after my early retirement - now I'm wondering if I need to make some serious changes to the process I'm following. The market sure can dish out a good beating - and that's what the system got this month. At least the month is over -

There was a technical problem with the DAX chart this morning so it did not trade like it should have - if it had, it would have made about $490 - bummer.

Today's Action:

 this chart got within 3 ticks of being a big winner before sticking a knife in me

 This chart got within two ticks of a great day

This one decided to hurt me this month and today was no exception - I may turn this one off for a while

06-29-2015 Results

The market started out crappy and sure enough it was a crappy day...

Today's Action:

 This is the first loss for this chart - that, coupled with the Greek crisis, which was felt first in Europe made this too volatile to handle today

 Just barely squeezed by on this chart - good money if you can get it.

 The other charts got within a couple of ticks to be winners, but the volatility was too much for the down side

Ditto here

06-26-2015 Weekly Results

This month has been a rough ride. It was looking particularly bad at the end of last week because the system had two loosing weeks in a row going into the last full week (still two trading days left in June) - and the last week of the month has not been stellar over the past few months - But the market transition either completed or slowed down enough for the systems to get back in sync with the market - and this past week shows what can happen when things start clicking - it can grow rapidly.

The switch that I made with the DAX charts turned out to be a great decision - the new 3min DAX chart hasn't lost yet, and according to the back testing, the losing days are just moderately bigger than the winners, which should help out - the older DAX chart had very small winners but still 500-600 stop losses, where things can get out-of-hand quickly.

The systems made $7028 this week, even with Monday being a losing day - pretty good. The portfolio is back in the green with two trading days left in the month. I will post monthly results on Tuesday night.

Cheers!

06-26-2015 Results

2 perfect days in a row!
Very nice to see it happening again.

Today's action:

 Perfect

  Perfect

  Perfect

 Perfect

06-25-2015 Results

A perfect day!
Hopefully this is a sign that the systems are back in alignment with the market.

Today's Action:

 Perfect - This chart has not lost since it was turned on - a good sign

 Perfect

  Perfect

 Perfect

06-24-2015 Results

Today was OK - not great, but better than losing.

Today's Action:

 good

 good enough

 good enough

good enough - a little to close for comfort on this one

06-23-2015 Results

Today worked out OK, but the market is still not reacting in a way that the charts work well - the Russell charts all stayed in much longer than normal today and one of them got stopped out. So far the new DAX chart is doing very well - time will tell if it will hold up.

Today's Action:

 perfect - a 3 minute trade for 450 - I'll take that all day long - especially while I'm sleeping.

 good - took a lot of heat before finally deciding to win

  good - took a lot of heat before finally deciding to win

This chart got short a little late and the push down was not enough to trigger the trailing stop - just out of sync today.

06-22-2015 Results

At this point, I just want June to end. Another tough day.

I did make a change - I stopped trading the 19min DAX chart and switched to a new 3min chart - let's see how that works out.

Today's Action:

 The new DAX chart had an impressive first live day...

 This chart made its money on the last tick of the down move - just barely

 The other charts were not as fortunate - it came within 6 ticks of a winner and rolled over

Ditto