Friday Log – Being Schizophrenic for Fun & Profit

Trading both accounts, live and sim is an experiment I’m testing. It’s the tale of “two” traders. The “Schizo’s” are Trader Steve and the ES_Addict. In an attempt to get in touch and develop my intuitive side of trading, I’m going to do some simultaneous trades with the live account and sim account. Entries might be the same, stops and targets are expected to be different.

Began the day with a decent plan. Enter short from the pre-market high edge near 14-15’s (R2) and look middle fill of ½ gap at 12’s and final target of ½ gap fill in 09’s. Put on trades in both accounts with one variation. Both had similar targets and stops with the exception of the live account using “intuitive” stop with additional buy limit at 15’s incase of B/O. Adjusted stops once initial target hit to BE on sim and 13’s on live as I began seeing weakness for more downside (eco report influence). Getting close to the 1000 eco report so was playing conservative with ½ position on reversal side. I had reversal target at 17’s using overshoot of YTD HH expecting possibility of Boyz to inflict stop run. The report came out and price ran upward hard. The runner on the reversal would have been a sweet finish but can’t complain too much with the live and sim sequence. Result: Sim +2.5 / Live + 6.5

So as I get in touch with the intuitive side of trading, the schizophrenic tale of two traders should be interesting. We’ll see how it pans out over the next several days.
It should be a fun and interesting psychotic ride to help act on intuition and build my profit base. Ahh, what a journey it is.

That’s it for the day. Traded the first hour on this expiry Friday and that’s all she wrote. Other than a sim trade on for a scalp, no over trading for this trader.

Relax and enjoy the weekend.

Trade Well !