Wednesday, November 2, 2011

A breakeven day

It hasn't been a very interesting day to trade for me today with the FOMC meeting looming on the markets for most of the day. My main loser was a t-notes trade that I took early this morning and for which I was up 12 ticks at one point but neglected to close. These are the kind of mistakes that are easy to make especially when the market is not moving very much in anticipation of a news to be announced that, when finally release, doesn't produce any significant effect. Tomorrow should bring some volatility because the markets will try to anticipate the employment numbers to be announceed on Friday. Net result -$13 trading 1 contract (commissions included). Details below.

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