Enjoy The Memorial Day Holiday | TRIN Café

Enjoy The Memorial Day Holiday

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Remembering the people who died while serving in the Armed Forces, thank you for your service.

Leisure Time

I would guess that most people who attempt to day trade for a living do so with the idea of being able to generate enough income for a lifestyle of enjoying time with friends and family and some routine leisure time. No offense to the traders who stay locked away in their dungeon, or office sweating in their lucky t-shirt while the market refuses to bend to their will. I’ve been that guy, so I don't feel bad about the characterization. FYI, I do not have a lucky shirt, but my comfortable office space can become a dungeon, feeling trapped, unable to walk away from a congested market looking to force a trade.

Today's watchlist was mostly sideways except for corn futures (ZC) and the ten-year note futures (ZN). As I type this, I was able to move my ZC position into a profit stop. This will be a short post, I have a scheduled haircut today in preparation for Memorial Day Weekend, we will be spending some quality time with family and friends.  After the haircut, I need to refill the propane tank to have the grill ready for this weekend… any suggestions of what to put on the grill? lol

This is my first time ever trading ZC, trade is still working, I while be monitoring my profit stop throughout the day on the mobile… I have a target of 369.50, depending on what price and the chart are doing, I will adjust the position to lock in more profit.

Trading Results
[Update, done for the day]

Instrument: ZC 07-17
Lot Size: 2
Total # of trades: 1
Percent Profitable: 100%
Avg. Winning Trade: $14
Avg. Losing Trade: $0
# of winning trades: 1
# of losing trades: 0
# of even trades: 0
P&L Total: $ +14

ZC 5/23/17, check back later to see how this trade ends.
ZC 5/23/17 Traded retraced and hit my profit stop.
ZC continued to selloff

Trade Conclusion Update

As soon as I posted, I was stopped out for a small profit. Felt good about my execution, I was intending on holding the position through lunch. That is the end of my trading week, hope you all have much trading success.

“Better Trading Ahead!”
If you want to have a good life, you should focus on your family, on your business, on your dog, on your fun, and you’ll have a good life....Adam Carolla

COMMENTS

BLOGGER: 5
  1. Where are you trading from these days? It was Germany in the past if I remember correctly.

    ReplyDelete
  2. Michael, I was serving in the USAF, my family and I were stationed and living in Germany. Now we live in the great state of Oklahoma, enjoying the retired life, trying to string together some positive trading days and weeks.

    ReplyDelete
    Replies
    1. Oh, very cool! I have a friend who recently retired from the AF too. Have good long weekend!

      Delete
  3. hey man, i hope you enjoyed your memorial day weekend. here's to a good week for you!

    ReplyDelete
  4. Thanks Rhiese, I had an awesome memorial day weekend! We spent time with friends and family, and I ate my weight in brisket, ribs and brats... I'm still recovering lol

    ReplyDelete

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TRIN Café: Enjoy The Memorial Day Holiday
Enjoy The Memorial Day Holiday
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