|
Gross: |
$ 300.00 |
|
Fees: |
$ (142.00) |
|
Net: |
$ 158.00 |
|
Contracts: |
80 |
Whew – So today was spent entirely in the negative. I fixed up my equity charts to display the running P/L “Equity after costs” to include costs (before it did not), as well as to show the individual profits after each execution. I started out just chopping up with a 50/50 win rate and just buried myself in fees. Then towards the end I took three swing trades at about 10 minutes each, which brought me up $200, $400, and then another $200 to finally get me out of my hole. Clearly swing trading is more profitable for me. I am also investigating a scalping methodology using a tool I wrote to identify premiums between the ER/IWM as well as the ES/SPY. I will keep you posted on how this performs.
This is a new utility I threw together to show the running premium between the ER and the IWM. I believe there is a scalping opportunity here if I can execute fast enough.
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