Another mixed performance by System B today, with strength in the Grains and weakness in Gold, Silver and Equities. We are closing out the month of November with some very solid gains, increasing our account equity by roughly $32K. Some of our positions are looking somewhat toppy (or at least to be in a consolidating phase) right now. Let's hope for a few more weeks of solid gains before the Holiday Season doldrums take over.
In other news, our TNR model indicated a trending day for today, and we wound up with a decent trend day down. We originally went long 2 contracts this morning, but reversed short at 10:10 for an early loss. However, we rode our short all the way down to our 4:00 exit for a total net gain on the day of $486.
This brings our day trading equity position back into positive territory for the first time since I began posting these trades. We closed on October 31 with a -$2834 account equity, and we are closing tonight with a +$469. So, for the month of November, we increased our TNR account equity by $3303.
For tomorrow, ES has set up as a reversion day, and NQ has set up as a trending day. We have had mixed results in the past when the indicators for each market are at odds, it will be interesting to see how things develop.
Our positions:
Contract | ctrcts | Open P/L | days on | Contract | ctrcts | Open P/L | days on | |
| | | | |||||
@US.P | 0 | $0 | 0 | | @NG.P | 0 | $0 | 0 |
@TY.P | 0 | $0 | 0 | @KC.P | 0 | $0 | 0 | |
@FV.P | 0 | $0 | 0 | @SB.P | 3 | $5,814 | 46 | |
@EC.P | 0 | $0 | 0 | @CT.P | 0 | $0 | 0 | |
@JY.P | -1 | $7,500 | 45 | @GC.P | 3 | $12,880 | 57 | |
@CD.P | 0 | $0 | 0 | @SI.P | 1 | $1,170 | 8 | |
@C.P | -4 | $7,400 | 75 | @HG.P | 2 | $31,200 | 125 | |
@W.P | -3 | $1,788 | 22 | @LB.P | 0 | $0 | 0 | |
@S.P | 0 | $0 | 0 | @ES | 2 | $0 | 7 | |
@CL.P | 0 | $0 | 0 | @YM | 0 | $0 | 0 | |
@HO.P | 0 | $0 | 0 | @NQ | 0 | $0 | 0 | |
Total Open Trades | $67,752 | |||||||
Total Closed Trades | $7,580 | |||||||
Total | $75,332 |
1 Comments:
thought-provoking, mootable pv. just my thoughts, well anyways gl & be chipper is what i say
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