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Review week ended 19-Jan-2007

by Gav

I thought I might have chance to establish a long position of NQ before lunch, well, pattern failed to form. No trade for this Options expiration Friday.

This week, I did not achieve my target. Only two trades were made with 1 break even and 1 loser. It was a short week with options expirations going on. But these should not be the excuse for this result. I guess the possible problem might the trade on 17-Jan-2007 , I was too eager to entry a trade while it was still in trading range.

Anyway, it doesn’t help to think too much over the weekly result, as there were just two trades made.

Summary

  • Total P/L (after commission): -1.08 R
  • Trades taken: 2
  • Winners: 0 (0.0%)
  • Loser: 1 (50%)
  • Break even: 1 (50%)
  • Expectancy: -0.54
  • Biggest winner (after commission): none
  • Biggest loser (after commission): -1.09 R

I will be traveling to Malaysia tomorrow, so no posting over the weekend.Have a good one.

Filed Under: Trading Journal

Reader Interactions

Comments

  1. Edward says

    at 9:29 pm

    Only two trades doesn’t make much of a trend in either direction. Even the best of systems with a 80% win ratio need at least 10 trades to have any statistical validity. Stick with it.

    Personally I found this to be a much harder week on the Russell than even last week. So you’re not alone. Have a good trip to Malaysia.

  2. Edward says

    at 5:29 am

    Only two trades doesn’t make much of a trend in either direction. Even the best of systems with a 80% win ratio need at least 10 trades to have any statistical validity. Stick with it.

    Personally I found this to be a much harder week on the Russell than even last week. So you’re not alone. Have a good trip to Malaysia.

  3. Gav says

    at 1:01 am

    Edward, thanks for your comment. Have a nice weekend! ๐Ÿ™‚

  4. Gav says

    at 9:01 am

    Edward, thanks for your comment. Have a nice weekend! ๐Ÿ™‚

  5. mc says

    at 4:15 am

    Gav,

    Enjor your trip to Malaysia.

    *i use to post in parttimetrader.blogspot.com but maintaining multiple blogsites is almost impossible.

    mc
    formerly known as parttimetrader

  6. mc says

    at 12:15 pm

    Gav,

    Enjor your trip to Malaysia.

    *i use to post in parttimetrader.blogspot.com but maintaining multiple blogsites is almost impossible.

    mc
    formerly known as parttimetrader

  7. mc says

    at 4:16 am

    sorry wrong link on the previous comment…

  8. mc says

    at 12:16 pm

    sorry wrong link on the previous comment…

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My Name is Gav.
I am a Father, Husband, Trader, And Blogger. A serious coffee addict. I started training since 2005, mainly on FX and Futures.

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