I am finding it increasingly difficult to manage all the requirements of day trading and completing this blog, You wouldn't think it would be difficult but somehow it is.
Henceforth I shall only be updating as and when I can rather than every day.

On Monday we started trading with 6 contracts and got hit with a big drawdown of 8,070 on the day.
This moved us back down to 5 contracts and yesterday we managed to return 4,000 to the portfolio and again move us back to trading 6 contracts.
It would have been a much better day had it not been for EMD (S&P midcap 400). Not only did we lose over $800 per contract but $100 of that was in slippage on the entry - a

full 10 ticks. This is one of the major problems of trading EMD although I have also had positive slippage at times. It is exceptionally irritating and demonstrates the liquidity

problem against contracts like the ES and ER2.

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