Trading Performance Results - PAPER TRADES FOR TESTING PURPOSES!
Thursday - 14 Transactions. Neutral Day!
Algo Optimized April 27, 2018 Version 2.0
My goal is to be either "Profitable or Neutral" or CLOSE TRADE!
- CRITICAL ASSUMPTIONS NOTE - 4 Contracts are used only once per day per symbol. The goal is to capture the best setup for the day and get as much out of the market as possible. Any trades AFTER that trade, (if there are any), have only 1 contract and stops are managed aggressively.
Critical Support and Resistance Levels Displayed on the 10 Min Chart!
5/14 to 5/18/2018
$109.314 Beginning Balance $112,390 Ending Balance
WEEK #1 - Net Profit $3,076
5/21 to 5/25/2018
$112,390 Beginning Balance
$114,018 Ending Balance
WEEK #2 Net Profit $1,628
(4 Day Week - Memorial Day on Monday)
5/28 to 6/1/2018
$114,018 Beginning Balance
$119,551 Ending Balance
WEEK #3 Net Profit $5,533
6/4 to 6/8/2018
$119,342 Beginning Balance
$114,379 Ending Balance
WEEK #4 Net Loss -$4,963
(Tuesday was a simulation of a negative day trading -$4,317) On this day, I hit my $500 limit too early in the day, so I decided to make it a Big Loss day and hopefully illustrate what it would look like when committing the common mistakes made when trading carelessly.
Otherwise, the week was Small Loss.
A no follow thru day. When this happens, I control my stops aggressively and close out of the position. There is no need to risk capital when trading. Always, always, manage your stops. There will always be another opportunity to trade.