Starting Balance; $500.00….Ending Balance $541.50
I am going to do something fun with this. I will share the binary trades I worked throughout the day at the close of each day. I want to illustrate how we can take a small amount of money and grow it rather quickly. I will start tracking this as if it were a $500.00 account. I must confess the actual trades I am taking are in a larger quantity at the beginning of this exercise. Anyway let’s see how this goes.
Trade did not work out. One of those days. 70% Loss
short the ES 1518 at 90.00. Cost 10.00 per contract.
short the NQ 2700-2800 Cost 10.00 per contract.
2740-2840 Long 13.00
2640-2740 Short 9.00
Did two spreads on the $NQ which are like trading a straddle. $NQ Bought the 2710-2810 for 11.00 and Sold the 2610-2710 for 8.00 cost. This put the entire trade at 19.00 per contract entry. I sold it early today due to just being in the live testing phase. Made 42% on the trade….not bad. Here is the bad trade. We got into the confluence area this morning and got the signal. Sold the $ES <1505 at 48 and bought it back at 74.50. this was a 50% loss. So down a little on the day. Not bad considering the market screamed to the top side making new highs on the $YM.
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