I am taking time off from blogging. Things are going well. My life has been very busy lately so I also took time off from trading for a while.

Anyway, I am trading again, but I am doing well. Just nice boring trading. And thus, not much to blog about.

SO check out Dt233’s blog. Tell him I sent ya.

I think a lot of people decided to make a three day weekend into a four day weekend. I am looking at the volume on the ZS contract and it seems it die this last week.

Here are my results after commissions PER CONTRACT. I always use per contract, not the amount traded. In the future , I won’t be able to look at the per contract, but I will have to look at an average. I plan to incorporate different multiple exit points and I would like to see the average per contract.

I did decent this week, the results should have been higher, except for that one mistake this week. That loss was also my greatest drawdown this week. I did a point a day on average ( on 4 days ) which is right where I should be.

I trade small, I work on making consistent profits, with tight risk management and then just scale larger instead of trading more.

The volume reported by the CME seems to have dropped a LOT in the last for days. The 11-09 contract is still the most active contract, so I am not sure what this means. I am not a grain trader after all.

First trade of the date slammed me for a three point loss. My average loss is much smaller, but I had one of those one tick failures. Hit my entry stop by one tick, then reverse to my ‘OMG’ stop. Three trades later, I was down a tick.

I did execute well, so I am happy. Just sometimes trades like that happen. We will see what happens tomorrow.


-0.25 ZS point


One of my rules is “Just don’t scalp on Fed days“. Which was today, so a day off.

FOMC Meeting Announcement 2:15 PM ET

The next Fed days are

September	23
November	4
December	16

in case you are wondering.

Tuesday was one of those downdraft from the open kind of days. I had an early setup to go long right when the gap closed. It didn’t , and I lost 1.25 ES points on that one.

The second trade was an easy one. On a strongly trending down day, it is much easier to short ‘popup’ trades like that.

Not one of my best days. Not too many reversals and grinding lower most of the day. A good day for trend followers, but not for me.


+1.00 ES point
-1.25 ES points
-0.25 ES points NET


Boring days are good days for me. Everything works as expected with a minimum of mistakes.

I had two trades, almost three, but the setup came too close to the end of lunch hour to take it. The first trade today alost turned into a loser for me but sometimes luck is in your favor ( or should I say odds since luck based trading does not work long term )

The end of lunch seem to be Kryptonite to my trading. Always lots of reversals around that time of day, so I just leave it for now. Maybe when I am a better trader…. I ended up with two trades for one point each.


+2.0 ES points


I tried to export the NinjaTrader performance window in an image, but that is not supported, so I added a screen grab instead.

Finally had a day that fit my style ( After the mid-morning anyway )   I don’t trade strong trends so the morning was on the sidelines, as the ES fell out of bed.

I tried the ZN today. I was sitting around waiting for the ES to start and I saw a good setup, and made four ticks.  I did not follow it for the rest of the day, but maybe I will come back to the ZN later.

Had two trades today for two points in the ES.  The first trade was a little bit hairy because I was not really sure of the trend had reversed or not. It worked, but I need to do more study on when trendlines break. Esp. after that huge downdraft from the open.

+2 points ES

The second trade was much easier. Stopped trading by 12. A good day at the office IMHO.

I know my setups look small. That is what I am looking for in a trading system. I want several high sharpe ratio systems trading trading at the same time.

I am working on a few different setups, that I hope to automate them with Ninja trader, ’cause I know I cannot trade that many scalping systems without making a mistake.

I have two setups. The other I have been working on for a while.

I tried the first setup on Friday with a 6 R ( six range bar ) and it went 8 for 8. The system does scalp, so the trades were all between 2 ticks and a point on the ES. All sim trades.

I just tried range bars on advice on from a friend. Now, I wish I had time to do more testing on this one.

The lunchbox setup does not work on range bars. Stop running would happen inside the bars.