Thursday, April 18, 2013

Trading abundance

Twelve winners using only a handful of YM contracts. No more than four per position. YM is the ticker symbol for the Dow Jones e-mini futures.

This screenshot shows my trading results from yesterday. I traded a bit more, added three trades to those listed in the yesterday's screenshot of trading results posted on my site.

Twelve is the first abundant number, hence the title of this post. By its very definition, the abundant number is a number whose sum of proper divisors is greater than the number itself as is indeed the case for 12: 1+2+3+4+6 is 16 which is greater than 12.

There are 3 quickies in this screenshot, meaning the trades that took less than a whole minute to reach  the target of 5-10 ticks that I usually use for this e-mini market. That says that volatility was pretty good, among other things.