Sharpshorts Daily Trade Results: September 2013 Trades

September 2013 trade summary statistics and comments

Not a particularly stellar month when comparing my 46.7% win percentage to the previous month (year to date is 53.3%). Average point gain/loss numbers are about the same...Took many more trades month over month. Still the bottom line $$$ went up in-spite of the numbers. Probably has to do with taking and winning more RLM trades...

Monday -----------------------------------
Monday, 09/30/13 06:53:19 PM

Projection Worksheet comparing estimated results between the different e-minis... By using this workbook to analyze, I discovered statistical evidence supporting a vague idea I had considered about the effects of trading the RLM e-mini Russell 2000 vs. the YM mini Dow (or the NQ e-mini Nasdaq 100)...trading the higher dollar-per-tick ES and RLM can have a major effect on the bottom line.

For the yellow cells in row 10, I inserted my results from this past month but I also adjusted the Ave # of contracts per R/T trade [round turn] for each market to reflect similar results in the Projected Net gain/YR cell in row 20.

The results seem to indicate that trading the ES e-mini S&P 500 would return more actual dollars to one's account while trading fewer contracts per R/T to do this...The RLM is a close second but requires 3 contracts per trade to the ES's 2 contracts. Trading the YM or NQ would require trading 8 contracts per trade to get into the same ball park of the ES and RLM...

What this exercise does not take into account of is whether the same Ave.# of ticks WON and LOST per contract could be attained in the different markets...
Even so, tracking and studying statistics can show you things you might otherwise miss.... See the RECORD KEEPING and STATISTICS page on my blog for more ideas and to get the formulas used in the Projection Worksheets to recreate them on your machine.

Monday ------------------------------------

09/30/2013 ...1/4 ... +10 or +$25
Sometimes its hard for me to get started properly on Mondays...

Friday ------------------------------------
09/27/2013 ... 2/3 ... +4 or +$30
Had to re-group mid-day to end positive for the day.
More than I can say about the markets at this time:

Was in a bit of a a funk so far today...

And then I see a beautiful sight (though I missed taking it)

Thursday ------------------------------------

09/26/2013...No trades but some good reminder charts for review...
False flag assumptions on the first chart set and good entry signals on the second set.

Also added a chart to the introduction page...I was a little distracted today and

didn't want to risk giving back any of the gains from the past few day's...

Wednesday ------------------------------------

9/25/2013 ... 2/2 ... +17 or +$171
Traded the morning and lunch time - market 'mood' seemed to change

after that, signals stopped coming.

These last two trades are connected in a way.
First the standard divergence signaled a trend change...

Next I played a slingshot for the trend continuation...

EOD charts

Tuesday ------------------------------------

9/24/2013 ... 4/4 ... +34 OR +$172
Started off well , gave some back EOD...Fairly wide swings...

Markets ending slightly down but relatively flat.

Monday ------------------------------------
9/23/2013 ... 6/1 ... +57 or $363

Great trading day...mkts reversed their down trends mid morning
but I can't put my finger on exactly why the price action was so favorable

for my methods today...But I'll take it!

P/A seemed pretty ordinary...the Russell lead the reversal

Friday ------------------------------------

09/20/2013 ... 2/0 ... +4 or +$8
Basically B/E without any losses...missed a few good
opportunities but so what? A trend down day

Another basic poor trade - a lack of good signals...
was thinking multiple support area and a 2B but not really a
good set of rational to risk $$$ on...

Missed the following opportunities:

EOD charts

Thursday ------------------------------------

09/19/2013 ... 0/2 ... -5 or -$37
Relatively flat day, consolidating yesterday's move.

Wednesday ------------------------------------

09/18/2013 ... 2/4 ... -5 or -$31
Lots of stop outs in the morning...

No change to QE sparked a run-up in the afternoon...gold too.

Tuesday ------------------------------------

09/17/2013 ... 3/2 ... +14 or +$40
Narrow range for most of the afternoon with few good signals...

Very little upside follow thru.

Monday ------------------------------------

09/16/2013 ... 0/2 ... -5 or -$42
Pop and drop day but still up nicely. Too wild for me in the morning.
Later on, lots of good signals but they were failing...without moving up enough

to even get my stop to B/E...

Friday ------------------------------------

09/13/2013 ... 1/2 ... +13 or +$101
Many good signals today but I was a bit slow in seeing them.

Additional charts for today, spot the divergences :

Thursday ------------------------------------

09/12/2013 ... 1/3 ... +8 or +$102
Caught a runner in the morning then the signals started to fail.

Narrow range day after yesterday's 3 soldiers.

Wednesday ------------------------------------

09/11/2013 Never forget

... 2/4 ... +8 or +$99

And another strong up day ... 3 soldiers on the ES & YM at the major market close:

Tuesday ------------------------------------

09/10/2013 ... 4/3 ... +43 or +$243
+43 points does not show how good the day was but the $$$ amount does.
Entry, initial stop and target brackets are shown on the charts
(Entry [yellow], 4 tick stop[orange], 12 tick target [lime])
Positive 1st three trades - every day should start off this way :

See the 24 hour session charts...
The MACD histo and STO divergences telegraphed the direction change several days ago...

Adv/Dec and breadth has been very strong too :

Monday ------------------------------------
09/09/2013 ... 2/3 ...+7 or +$37
Nice uptrend day...climbing the wall of worry? Trade-wise today was not so
good with 6 trades, 2 wins, 3 losses and a B/E...but still better than losing money.