What a week in the e-mini pits! As a professional trader, I normally contain my emotions based on good or bad results. The objective we teach is to implement a risk pla with flawless precision. Outcome is not the benchmark of success or failure. When you work in a dynamic environment, you are subject to swings and trends that at times test the boundaries of statistical probability. This week certainly qualifies as such.
Results this week: 17-3, 85% (vs 63% benchmark) with a +17.00 ES point result based on one contract. Multiple contract trader average of 1.5 contracts (per two contract lots) averaged 29.25 points.
The markets are flowing extremely nicely during this rollover week, particularly in the market profile range. Classic setup #2 has also brought much better than average results week to date.
Strategy: We go into protect-the-green mode today as we head into the weekend. As we head into the holiday trading season, focus turns to corporate development and a new fresh look to the site and blog content. Next post will provide better details.
Congratulations for all that exceeded their goals using the TWC setups this week.
Friday, December 11, 2009
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