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CUTLOSS DAILY TRADING P/L and RANTS/CALLS


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CUTLOSS DAILY TRADING P/L and RANTS/CALLS

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  #71 (permalink)
Cutloss
Midway florida
 
 
Posts: 238 since May 2021
Thanks: 66 given, 116 received

I sized up to 2 lots on this last trade of the week since i was up pretty good. i shorted this last spike. with a 3 lot total.

I am up 122 after all fees. yes i did very well with just the nq but i also traded some oil and some bitcoin and did not do as well and after fee being taken out.. a huge chunk then i am down to 122 net for the day. nothing fantastic but trying to stay conssitent.

Have a great weekend.
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  #72 (permalink)
Cutloss
Midway florida
 
 
Posts: 238 since May 2021
Thanks: 66 given, 116 received

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  #73 (permalink)
Cutloss
Midway florida
 
 
Posts: 238 since May 2021
Thanks: 66 given, 116 received


everything I am doing right now is set up fore me to grow. i am already thinking about other markets.. slowly and i am lthinking about sizing how in teh hell do you make money with my thin edge if i wa to get up to say a 10 lot in the mini nq?
the slippage and fees if waiting for the mkt to turn 1st would eat me alive but the saving against when i am wrong would maybe equal it out. so i am nto there yet but this is why i tend to try and enter a lil early instead of late but if small i think its best to enter late. however eventhough i am small i rrarely enter late but it is the safest IMO

if you had a bad a week a frustrating week then make chagnes that is all i can say and this does not mean.. change the chart or the time frame change YOU!!


My espectancy today was NEt of all fees $ 1.91 per contract

if this was the mini it would be $ 19.10 per contract actually a little higher probably 20 which is huge IMO.

with my 1.20 round trip micro futures fees

i did 64 roudn trips today. i have been think about swithcing over to amp. 84 cents versus 1.20 is pretty big savings for me.

76.80 in fees today
if paying .84 = 53.76
so I would have saved $ 23.04 today and had a net of $ 145.45

or 18 % more gain for the day
and today my fees and commissions were 52.8 % of my total GROSS GAIN!! my profit margin after all that work all that risk taking was only 47 %
and then taxes taxes taxes!! so in order to really make a lot of money trading if yu do a lot of trades like me then you need to be making a whole lot more of them and also gettign the most rock bottom fees you ca/

if today was my monthly average of trades lets say i do about 64 a day
then 76x20 trading days= $ 1,520 per mont in fees x11= $ 16,720 in 11 months or ayear assuming i take off a year and this is with typically jsut one lot micros!

if paying .84 my 1 1month annual cost would be = $ 11,827 for a savings of
$ 4,892 per year this doing 1 lot micros

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  #74 (permalink)
Cutloss
Midway florida
 
 
Posts: 238 since May 2021
Thanks: 66 given, 116 received

all of my nq trades for teh day

Greens are on the bottom and reds are on the top.. thats how you want it to look when buyiing low and selling high.
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I wont always show everything i do everyday but in the beginning here i will try posting up some of my trades.

Also the range on the nasdaq micro futures was roughly $ 100 dollars and since my average trade was a 1 lot I earned every point of the range for the day.


I actually beat it by 128 bucks at 228 but after fees i still beat it at 124 even i did 24 % better than just buying the exact low and gettign out at the exact high. Now that is edge in itself and my entire or total time of RISK on is just a fraction of holding all day tryin gto peg the range.

I am not against buy and hold swing intraday trades at all. I am actually working on incorporating these type of trades into my own system because it gets very taxing and i am only capable of trading 3 markets short term like i do.


my max drawdown today on any one trade set was 36 dollars . today was almost a perfect day

of course the day i give up on the russell it screamed higher !! ha ha
i could have done better by trading a few longer and also not doing quite as many trades and i could ahve also peppered ina couple strogner and better oil and btc trades but iw as just relaxing.

I think that puts me at 4 winning days and 1 losing day for the week and Green for the week after all fees.

I am not that great of a trader honestly i know some that are 1000x better than me but everyone must start somewhere. Beleive me when i tell you if you are not doing what i am doing or actually doing it better then you are still far far away from being successful at trading. i say this only from a stand point of caring concern. it means if you are not green for weeks and weeks on end and you are day trader then MAKE CHANGES OW. stop looking at charts. stop tweaking indicators stop reading about stuff online and downloading books and start thinkng about yourself and how to fix you mistakes. how to trade better what can you ddo differently what are your weaknesses and what are your strenghts.

I have not even divulged 1 % of what i know or have learned from lessons by the market and look at me.. a good day is 100 points and a great day is 300 points and a bad losing day is 200 points. i say this because after everything you are doing UNDERSTAND that once you learn to make money it is just a brand new cycle of how to keep it and how to grow it. the learning never stops and the market is always changing. on the bell curve of profitable traders i am on the far left skew barely profitable but I am working at it everyday and maybe in a few years instead of a big day beimg 300 it will be 3000 who knows. but i know this. I love trading and i dont see myself ever doing anything else.

Get to work!

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  #75 (permalink)
Cutloss
Midway florida
 
 
Posts: 238 since May 2021
Thanks: 66 given, 116 received

I am not sure how many people check my journal but
I have soem signal generators that I hve put together and one of them is ok at longer term intra day bottoms and tops..
NOT PERFECT!

Is there any interest in me trying to once a day based on the signal generator state a bottom area range or top area range..
it would be almost real time the levels are only generated while the mkt is open and trading not the night before.

if so let me know and state what market. needs to be 1 of the 4 major stock indexes. in futures. .

anyway if no interest no big deal.

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  #76 (permalink)
 hedgeplay 
Austin Texas / US
 
Experience: Intermediate
 
Posts: 35 since Dec 2019
Thanks: 63 given, 23 received


Cutloss View Post
I am not sure how many people check my journal but
I have soem signal generators that I hve put together and one of them is ok at longer term intra day bottoms and tops..
NOT PERFECT!

Is there any interest in me trying to once a day based on the signal generator state a bottom area range or top area range..
it would be almost real time the levels are only generated while the mkt is open and trading not the night before.

if so let me know and state what market. needs to be 1 of the 4 major stock indexes. in futures. .

I am currently focused on learning the NQ in depth and want to bolster my daily game on the NQ.

I would love your projected top and bottom ranges.

HedgePlay

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  #77 (permalink)
Cutloss
Midway florida
 
 
Posts: 238 since May 2021
Thanks: 66 given, 116 received

easy day. i made mistakes all day on execution of my usual plan! not good
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i will expound later

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  #78 (permalink)
Cutloss
Midway florida
 
 
Posts: 238 since May 2021
Thanks: 66 given, 116 received

not an excuse it was al on me.. but had to exit all of my ES longs which would have been at hUGE end of day profits if i did not have to leave the office like i did.
when i left i just exited all since icouldnt be here! yes i could have gottn back in but felt out of symc. dont trade bigger than usual if you know you need to leave!!

yes i would have held.. i ALMOST ALWAYS HOLD ESPECIALLY SINCE THE NQ WaS runnign up so hard.
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  #79 (permalink)
Cutloss
Midway florida
 
 
Posts: 238 since May 2021
Thanks: 66 given, 116 received

i delete the previous photos because it had a partial order number


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  #80 (permalink)
Cutloss
Midway florida
 
 
Posts: 238 since May 2021
Thanks: 66 given, 116 received


yes i strated off short and great in the es.. then chopped my self all to hell then finally got long big for me a 6 lot and then had to go pick up someone and it was nto unexpected i knew this!!

anyway .. must always make adjustments to what you are doing if you know you will be leaving.. duh.. yes i thought the turn would come. .yes i could have put in a stop. and let the positions ride. but
i like being here with trades on even if stops reside server side.

anyway thats trading! ground to make up !!

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