Good morning,
We had some mixed results here at The Exchange with our trades this morning. Steffany was only able to trade the crude oil for our trading arcade, but lost 0.250 on that index. I was up 1.75 points in my second trade, and in the interest of educating, I was demonstrating how to make a second trade during the same announcement, so I executed another order--although I had serious doubts about a third movement. So to remain transparent to you all, I did not win that one, and broke even. And Jerry made 1.0 point in one trade.
Tomorrow is the weekly unemployment claims announcement, and we'll let you know how we do.
Thank you,
Don
Wednesday, August 25, 2010
Tuesday, August 24, 2010
Trade Journal 08/24/2010
Good Morning.
The report for Existing Home Sales came in less than expected, and the market reacted accordingly. I didn't trade, but Jerry made 1.25 points, and Steffany made 2.00 points.
Tomorrow is our weekly Trading Arcade here at the South Jordan office for those fully signed up with Market Mover Trading. There are a couple of opportunities to trade. If you plan on trading, please be here 30 minutes prior to the announcement you wish to trade.
Please let us know if you have any questions.
Thank you,
Don
The report for Existing Home Sales came in less than expected, and the market reacted accordingly. I didn't trade, but Jerry made 1.25 points, and Steffany made 2.00 points.
Tomorrow is our weekly Trading Arcade here at the South Jordan office for those fully signed up with Market Mover Trading. There are a couple of opportunities to trade. If you plan on trading, please be here 30 minutes prior to the announcement you wish to trade.
Please let us know if you have any questions.
Thank you,
Don
Thursday, August 19, 2010
Trade Journal 08/19/2010
Good Morning,
All I've got to say from today's movement is...Wow! Both announcements were pretty amazing to say the least. Each produced about 10 point drops on the e-mini's! I was in and out so quickly that it took me a couple seconds to catch up. Although you could say I skimmed just a tiny piece of the movement, I was happy with my results. And because it took me a few seconds to catch up, I was thrown off, so I just stood back to watch it play out. I made my 1.5 points in the same second. I missed the initial reaction of the second announcement of the day, and again because it was producing a bigger than expected movement, I just sat back and watched. So 1.5 points was my total.
As for the others. Jerry was initially put in a bad position (for those of you watching the announcement, you can probably understand why with that pre-announcement jump), but recovered in that same minute and ended up with our high of the day at 2.5 points. Steffany was not here for the first trade, but made 1.5 points on the later announcement.
There are no more scheduled announcements for the rest of the week, and it looks like our first trade will come next Tuesday. However, next week we have our Boot Camp classes scheduled for Monday and Tuesday. For those fully signed up with MMT, this gives you an opportunity to learn, refine, and get your questions answered about MMT strategies in a classroom setting. Our Boot Camp is held here at our South Jordan office. For more information, or to register, contact Lauren Harris at 877-747-3450 or by email at Lauren@theexchangeut.com.
Thank you,
Don
All I've got to say from today's movement is...Wow! Both announcements were pretty amazing to say the least. Each produced about 10 point drops on the e-mini's! I was in and out so quickly that it took me a couple seconds to catch up. Although you could say I skimmed just a tiny piece of the movement, I was happy with my results. And because it took me a few seconds to catch up, I was thrown off, so I just stood back to watch it play out. I made my 1.5 points in the same second. I missed the initial reaction of the second announcement of the day, and again because it was producing a bigger than expected movement, I just sat back and watched. So 1.5 points was my total.
As for the others. Jerry was initially put in a bad position (for those of you watching the announcement, you can probably understand why with that pre-announcement jump), but recovered in that same minute and ended up with our high of the day at 2.5 points. Steffany was not here for the first trade, but made 1.5 points on the later announcement.
There are no more scheduled announcements for the rest of the week, and it looks like our first trade will come next Tuesday. However, next week we have our Boot Camp classes scheduled for Monday and Tuesday. For those fully signed up with MMT, this gives you an opportunity to learn, refine, and get your questions answered about MMT strategies in a classroom setting. Our Boot Camp is held here at our South Jordan office. For more information, or to register, contact Lauren Harris at 877-747-3450 or by email at Lauren@theexchangeut.com.
Thank you,
Don
Tuesday, August 17, 2010
Trade Journal 08/17/2010
Good Morning,
This morning's 6:30 announcements had some good news, and some bad news, so you can imagine what the market did; it had trouble picking a direction. The later announcement was very similar. With that said, we were a little let down by our performance today. Steff was down 3 points, Jerry was down 2.5 points, while I was up 0.25 points. Although it's never fun to report down days, it's our objective to keep things as transparent as possible. You've got to be honest in trading--and for that matter, anything else, too. And tomorrow's a new day.
Speaking of which...Tomorrow's only announcement is Crude Oil. For those Market Movers that are interested in attending our trading arcade, please be here no later than 8:00 AM at our South Jordan office. This should give you time to set up your computers. Let us know if you have any questions.
Thank you,
Don
This morning's 6:30 announcements had some good news, and some bad news, so you can imagine what the market did; it had trouble picking a direction. The later announcement was very similar. With that said, we were a little let down by our performance today. Steff was down 3 points, Jerry was down 2.5 points, while I was up 0.25 points. Although it's never fun to report down days, it's our objective to keep things as transparent as possible. You've got to be honest in trading--and for that matter, anything else, too. And tomorrow's a new day.
Speaking of which...Tomorrow's only announcement is Crude Oil. For those Market Movers that are interested in attending our trading arcade, please be here no later than 8:00 AM at our South Jordan office. This should give you time to set up your computers. Let us know if you have any questions.
Thank you,
Don
Monday, August 16, 2010
Trade Journal 08/16/2010
Good Morning,
I thought I'd start out with my stats on Friday. I was in the office to trade, and I made 1.25 points. There were a few low impact trades this morning, but Jerry and I decided not to trade. Steffany made 1.25 points in her two trades. This week's announcement calendar is looking fairly light. The big days look like Tuesday and Thursday, and of course, we'll let you know how we do here at the office.
Thank you,
Don
I thought I'd start out with my stats on Friday. I was in the office to trade, and I made 1.25 points. There were a few low impact trades this morning, but Jerry and I decided not to trade. Steffany made 1.25 points in her two trades. This week's announcement calendar is looking fairly light. The big days look like Tuesday and Thursday, and of course, we'll let you know how we do here at the office.
Thank you,
Don
Thursday, August 12, 2010
Trade Journal 08/11/2010 & 08/12/2010
Good Morning,
I didn't get a chance to send out the stats from yesterday because I was teach Boot Camp. Jerry was not here in the morning to trade, and I opted not to trade the low impact announcement yesterday. However, Steffany did and made 1.25 points in two trades. She also trade the Crude Oil announcement for those that came to our trading arcade and made 0.150.
Today's announcement was the weekly Unemployment claims announcement. The news was worse than expected, and the market reacted accordingly. This time, Steffany was not in the office to trade. Jerry won 1 of his 2 trades, but was down 2.0 points for the day. But yeah, he's been out for the last couple weeks. I got passed by on my initial trade, tried a different strategy, but just broke even.
We've got a few events being held today here at our South Jordan Office. First, we have our second day of Boot Camp. At 10:00am, we also have our Free Introductory Seminar to learn more about Market Mover Trading. And lastly, at 10:00am, Chris Pelissie will be up here holding a trading workshop for Independent Traders and Students. So if you need some advance help, this is a perfect opportunity to attend.
That's all for now, but have a good day.
Thank you,
Don
I didn't get a chance to send out the stats from yesterday because I was teach Boot Camp. Jerry was not here in the morning to trade, and I opted not to trade the low impact announcement yesterday. However, Steffany did and made 1.25 points in two trades. She also trade the Crude Oil announcement for those that came to our trading arcade and made 0.150.
Today's announcement was the weekly Unemployment claims announcement. The news was worse than expected, and the market reacted accordingly. This time, Steffany was not in the office to trade. Jerry won 1 of his 2 trades, but was down 2.0 points for the day. But yeah, he's been out for the last couple weeks. I got passed by on my initial trade, tried a different strategy, but just broke even.
We've got a few events being held today here at our South Jordan Office. First, we have our second day of Boot Camp. At 10:00am, we also have our Free Introductory Seminar to learn more about Market Mover Trading. And lastly, at 10:00am, Chris Pelissie will be up here holding a trading workshop for Independent Traders and Students. So if you need some advance help, this is a perfect opportunity to attend.
That's all for now, but have a good day.
Thank you,
Don
Tuesday, August 10, 2010
Trade Journal 08/10/2010
Good Afternoon,
Early this afternoon, the FOMC released their Statement and Federal Funds Rate. This is THE big announcement to look forward to and today was no exception. But before the FOMC announcements, there were a few this morning. Steffany did not trade the FOMC, so her total for the day was 1.0 point just on the first announcement. After the FOMC announcement I was up 3.0 points for the day. Jerry made 3.5 points total.
Remember that tomorrow is our Free Introductory Seminar to learn more about Market Mover Trading. This event will be held at our Orem office at 10:00 am. The address is 1411 W 1250 S, Ste 300 Orem, UT, 84058. Come with questions, leave with answers.
Tomorrow is also our first day (of two) of Boot Camp at our South Jordan Office starting at 9:00 AM. This is an all day event where you learn the Market Mover Trading strategies in a classroom setting. If you would like to register, please contact Lauren Harris at 877-747-3450, or by email at Lauren@theexchangeut.com. Let us know if you have any questions.
Thank you,
Don
Early this afternoon, the FOMC released their Statement and Federal Funds Rate. This is THE big announcement to look forward to and today was no exception. But before the FOMC announcements, there were a few this morning. Steffany did not trade the FOMC, so her total for the day was 1.0 point just on the first announcement. After the FOMC announcement I was up 3.0 points for the day. Jerry made 3.5 points total.
Remember that tomorrow is our Free Introductory Seminar to learn more about Market Mover Trading. This event will be held at our Orem office at 10:00 am. The address is 1411 W 1250 S, Ste 300 Orem, UT, 84058. Come with questions, leave with answers.
Tomorrow is also our first day (of two) of Boot Camp at our South Jordan Office starting at 9:00 AM. This is an all day event where you learn the Market Mover Trading strategies in a classroom setting. If you would like to register, please contact Lauren Harris at 877-747-3450, or by email at Lauren@theexchangeut.com. Let us know if you have any questions.
Thank you,
Don
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