Sharpshorts Daily Trade Results: October 2014 Trades

Oct 2014 Trade Statistics and activity

Took 50% fewer trades but net was pretty good - about the same as last month. Winning percentage was 61.5% (w/o BE it was over 68%) and my average point gain on winners jumped up to 10.9 from last month's 9.4 ... I caught more runners...or...I let them run more often although I was not conscious of trying to do so.

Cummulative monthly stats.

Day-to-day trades

October EOM Summary Charts

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October Daily trade Charts

Day and date header...number of winning/losing trades...total point gain/loss and dollar amount

The daily summary includes commissions and assumes one contract per trade.

A statistical summary which includes every trade taken is posted at the EOM.

Charts of B/E or -1 tick stop-out trades may not be included under each date. I prefer having the trades that worked

available for review unless there's something important to be gained by looking at those that did not

(like pointing out poor trade decisions so I can try not to repeat them).

I usually post before and after charts of each trade; one that captures what I saw as entry rationals and another for the results.

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10/31/2014...0/1...-4 or -$46

Thursday 10/30/2014...4/0 1BE...+34 or +$310

Back....

....to back

WAG on a Slingshot...

An explosion...

Pushing my luck...

Wednesday 10/29/2014...0/1...-4 or -$46

FED ZONE today...The Committee decided to conclude its asset purchase program this month

Tuesday 10/28/2014...2/0 1 BE...+21 or +$194

Sometimes you get lucky...

Monday 10/27/2014...0/0 1 BE...-1 or -$16

Friday 10/24/2014...2/1 1BE...+11 or +$61

Feel I'm back-peddling in this sideways market...

Thursday 10/23/2014...0/2...-4 or -$52

Shortly after taking the above trade...you just can never tell when it'll happen

Wednesday 10/22/2014...6/1 1BE...+32 or +$233

+9 off the YM

+10 off the RUT

+8 off the RUT

Just because I had a good 'cushion' from the morning's trades does not justify taking wild guesses...

Another poor signal 'lucky' trade...got away with it...+8 RUT

Didn't get away with this one...paid dearly... -6 RUT

The trend has been nothing but down...since before lunchtime...

Divergence at 1 PM was just about ignored...

+3 RUT...

Tuesday 10/21/2014...1/0...+23 or +$224

Monday 10/20/2014...2/0...+34 or +$328

Friday 10/17/2014...1/0...+5 or +$44

Thursday 10/16/2014...no trades

The high volume and frantic market pace over the past few days was devouring good signals...

Long range bars with a lot of backing-and-filling would require widening my protective stops in order to stay

with a position for more than half a minute...good reasons to stay away for now...

Wednesday 10/15/2014...no trades

TEST trade(s)...

Tuesday 10/14/2014...3/0...+75 or +$357

Great signals and great runners up until lunch time...then markets turned and gave it all back.

Pre-MMO YM trade... +17

Adding Volume and On Balance Volume to the longer term minute based chart helped with entry decision...+26

P/A patterns with good signals are producing great runners today...+32

Monday 10/13/2014...0/1...-4 or -$26

TEST trade...how it 'should' be done

Friday 10/10/2014...no trades

Signals were firing but there was too much backing-and-filling...stops would have had to be increased too much to stay in trades.

Missed entry:

Thursday 10/09/2014...0/1...-2 or -$26

2:00 PM - Heavy down trend so far - giving back all and more of yesterday's gains....

Was thinking there might be enough push behind it to make another attempt at breaking the major TL ...

Missed this one shortly after taking the loss above ... I was was snoozing, asleep at the wheel...lamenting my poor timing.

Wednesday 10/08/2014...no trades

Tuesday 10/07/2014...1/1...+6 or +$68

RLM trade...good timing

The following shows why I play hit-and-run...often price just drops like a stone after a small upward blip, so take the money and run... the rectangular callout drawn on the session chart on the right shows the run that the continuation trade (above) was based on.