well at least you know where your weakness is so you can do something about it - so youre half way there!
probably too early to tell at the moment - but do you think your timing technique around the seasonal window is ok? having said this, dont be put off because a few trades have gone against you...
.
1/ spreads are a longer term trend following technique (as you know), so some drawdown could be acceptable, unlike for example a day trade where you want to see momentum kick off straight away. mark ritchie (big spreader in the soy complex - in one of the market wizard books) remarks that most traders arent willing to let positions go against them much, which is why in his OPINION (for what its worth ???), most fail.
of course, you gotta have your stop-out though and when hit...... just make sure its not too tight for a longer term position (why GT uses Par SAR??)
2/ as we know, there is random distribution between wins and losses, so dont get too discouraged. most newbies throw in the towel after 4 losses in a row we are told, and then the pain tells them something must be wrong and they start to change their plan they spent the last x months working at. all that work for nothing, just as the next few trades would have made piles!
you seem to be on a good rate there for your probable number of r/t's. well done. good brokerage is important though, and theres more to it than low costs.
i only trade electronic futures at the moment - so im mostly doing ed's. most of my trading is day trading, with the odd spread in ed. thinking of doing more though when ive made some more money to open another account.....
anyone read this new spreads book?
http://www.amazon.com/exec/obidos/t...bs_b_2_1/103-1930756-8276660?v=glance&s=books
