UP Day +$.80 +2.8% UP +20% for the week


Well today was a pretty calm day the Dow really didn't develop a clear trend so I had to change up my strategy and I decided to use the TOUCH contracts which basically expire worthless unless the Dow touches a specific point level. I sold the Dow.15.AUG.Touch-50 which will expire worthless if the Dow doesn't go down -50 points any time during the session. I sold @ 9.5 for a total profit potential of $.95. I completed the trade at about 2:40PM and I only sold 1 contract because I only needed $.30 for the day to reach my target and I wasn't worth the risk to add another contract. Well this probably was the cleanest trade of the week because right after I sold the contract the Dow rallied and it was smooth sailing till the close. The contract did expire worthless so I got .95 minus commission. Also if anybody wants me to next week I can trade live on twitter so you can be updated by the second to what I'm doing, you'll get to know when I buy or sell within seconds, so If anyone wants me to do that just comment :)





So I finished my first week of trading over my target of 20% and only on 3 days of work. I still have to have patience and discipline so here's how my targets for next week will look

Monday: $1.53
Tuesday: $1.60
Wednesday: $1.68
Thursday: $1.77
Friday: $1.85
Total: $8.43------$38.93
(I compound daily)





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