It was a wild morning of trading. At 6:30 there was an announcement on GDP. The numbers came in mixed, but I thought overall it was pretty good and I went long. The market didn't agree with me and it dropped. I got stopped out with a 3 point loss. I made back 1 point on the correction.
At 7:42 was Chicago PMI. I won 1.25 points on initial movement and another .75 points on the correction. At 7:55 was a consumer confidence announcement. I made a point on this trade. At 8:00 was the Existing Home Sales announcement. I made 2.5 points on the initial movement and another .5 points on the correction.
Overall, I won 3.25 points (32.5%) on the day, but it was tough to start out down 3 points. I was up 11.75 (117.5%) points for the week, which means I would have made $2,937.50 on the 5 contracts I was trading. Commissions on those trades would have been about $275.00. Defintely my best week, so far.
I'm planning to start trading live next week. We'll see how it goes!
