"The conventional view serves to protect us from the painful job of thinking."
~ J.K. Galbrait
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... Duck Belly !
... Micah Swings !Hey There Day-Trading Fans & Fanactics ~
We hope this blog posting finds you well today!
Today was another awesome day of small & rather large trades.
Both Clare, and myself made several profitable trades of around 50-100 bucks - in a matter of minutes - per each trade. That'd average out to be a pretty nice hourly wage - if you can keep it up! ;-}
Later, we put in around 8-32 contracts in a given trade.
Whenever we trade, we don't start with 16 contracts, or what-have-you... We start usually with one contract, and we build up - as we see fit. Through averaging - sometimes it makes sense to go deeper into a trade.
This emini-dow market is pretty interesting. Some people don't like it because it has lower volume compared with the Nasdaq, or S&P, however, we find it to our liking for various reasons.
One reason: The Easy Day Trade System is always improving & Doug, the teacher of the course, has put together some really nice videos showing how to profit in the Dow market; we've done really well in the Dow market with this knowledge, since he introduced these new techniques.
~ Here are our stats for this week's day trading ~
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MONDAY MAY 19TH 2008
Gross Total
$1460.00
With Appx. 60 Contracts Traded
- $300 in Commissions
Net Total = $1160.00
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WEDNESDAY MAY 21ST 2008
Gross Total
$2160.00
With Appx. 90 Contracts Traded
- $450 in Commissions
Net Total = $1710.00
***********************************************
THURSDAY MAY 22ND 2008
Gross Total
$1035.00
With Appx. 45 Contracts Traded
- $225 in Commissions
Net Total = $810.00
***********************************************
We're having another wonderful week enjoying This Simple Day Trading System !!!
Cheers -
M&C
C&M
www.EasyDayTradeSystem.com
Important... Please Note: Trading commodity futures and options involves substantial risk. The recommendations contained in this letter is of opinion only and does not guarantee any profits. These are risky markets and only risk capital should be used. Past performances are not necessarily indicative of future results.
CFTC RULE 4.41 - Hypothetical or simulated performance results are used, these have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have been under- or over-compensated for impact. No representation is being made that any account will or is likely to achieve the profits or losses similar to the examples shown.
Demo trading does not mean consumers will make money when they actually invest. Each individual's success depends on his or her background, dedication, desire and motivation. As with any business endeavor, there is an inherent risk of loss of capital and there is no guarantee that you will earn any money.
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