Saturday, September 06, 2008

Futures trading: week 1

Since the beginning of September, I decided to open a paper trading account with optionsXpress for trading the index futures.  The purpose is to practice and to verify my market reading, as well as discipline and emotion control.

Starting capital: $10,000.00

Basic rules: swing trading only, cut loss quickly, no over-trading; trade NQ and ES only in the first stage; no resetting account before it gets wiped out.

First week trades:

1

Profit/Loss: 6.47%.

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