Monday, January 5, 2009

January 5, 2009 Day Trading Profit = +16.37%

Trading Results for Monday 1/05/09:
TRADES PLACED....44
WINNING TRADES...42 [95.45% ACCURACY]
LOSING TRADES...2
TODAY'S PROFIT.....$1,637
TODAY'S PROFIT ON $10K ACCOUNT = +16.37%

Trading Notes:
This afternoon seemed to present to me endless perfect trading conditions which were just beautiful. The beauty of it included 3 factors:
1. Clear entry points with no foreseeable drawdowns
2. Steady volume
3. No huge Spikes to throw off the flow.

This allowed me to grab some profitable clearly-positioned trades non-stop for a good solid hour. For certain, this was partly due to the fact that I waited out the morning trading cycle and only started trading seriously after 12:30pm. By 1:45p I was UP +$849 with 12 consecutive winning trades on the DOW. That stretch turned out to be my meat & potatoes for the day and it ended as soon as it began. Made a few more trades after 2pm but the momentum had clearly died down. It was like a mini-perfect storm where all the elements of the universe came together. Weird. And unfortunately that's not how it usually works. It's just never that easy.
Ended the day UP +16.37% or +$1,637 total profit.

To see today's trading results go to:
WUNDERKING.NET