Thursday, October 13, 2011

A real yawner... until 1:30 PM

Not a lot of action during most of today's trading session as my trades kept being whipsawed by the markets. At one point around lunch time, my account was down more than 50 ticks. It was one of those days where volatility is dead and volume is low. But, suddenly, around 1:30 things started flying in all directions and I took advantage of the situation to bring back my account into positive territory, although only slightly. During days like that you really have to be patient and maintain your risk tight. My net trading result (one contract basis) for today is +$113. Details in the pic below.

Wednesday, October 12, 2011

All in all a quiet day

Despite (or maybe because of) the release of the FOMC minutes, trading today went nowhere fast. Markets participants have been hesitant all day, at least in the instruments I trade. Crude oil ended the day 45 cents below its 9:00 AM open price. Euro and t-notes ended virtually flat from their 8:00 AM levels. Only natural gas was a real mover ending the pit session down 3.6%. Below are my results for today: +$296 (using one contract)