Working Orders into 4:15 Close

We are long 2. Below are the working orders into the close. If SF2 is not filled. we will sell one on the 4:15 close, to conclude the day long 1.

Position:	2		1329.750	BA12
Working Orders:
	Buy		Sell
Type	Price		Price	Type
			1337.75	SF2
			1345.75	SF3

SF1 Filled

Filled	1331.75	SF1		June Emini
Position:	2		1329.750	BA12
Working Orders:
	Buy		Sell
Type	Price		Price	Type
1317.25	SE3		1337.75	SF2

BE3 Filled

Filled	1327.25	BE3		June Emini
Position:	3		1329.750	BA123
Working Orders:
	Buy		Sell
Type	Price		Price	Type
			1331.75	SF1
			1338.75	SF2

New Working Orders

Position:	2		1331.000	BA12
Working Orders:
	Buy		Sell
Type	Price		Price	Type
SE3	1327.25		1333.75	SF1
			1340.75	SF2

Can Trading Be Taxing? 5 Things to Remember.

Everything in life can be taxing it you allow it to be and Trading is no exception. Let's look at a comment this FB 2.0 Blog received yesterday:

LiggerPig has left a new comment on your post "4.14.08 4.15 Settlement":

Not an easy day for any system and frustrating for discretionary traders too. Good luck with your blog. I hope to pop back regularly and learn more.

I had the chance to talk to several traders yesterday and this sentiment above was common (even the FB 2.0 did not even trigger a trade yesterday).

Frustration will always be there for traders if it is allowed to. All traders feel frustrated at times; it is how you deal with that frustration that is important.


5 Things to keep in mind during those frustrating times:


1. You don't have to make a trade everyday.

2. You don't have to make money everyday.

3. You don't have to be on the right side of the market everyday.

4. You don't have to be right on every trade everyday.

5. You don't have to let the above 4 points frustrate (tax) you everyday.


So relax, and don't be frustrated. Don't allow trading to become taxing.

Barlow

j.barlow.smith@gmail.com

New Working Orders

Position:	2		1331.000	BA12
Working Orders:
	Buy		Sell
Type	Price		Price	Type
SE3	1328.25		1340.75	SF1

Good Morning

We enter the day long 2. Working Orders for after the 9:30 Open are below:

Position:	2		1331.000	BA12
Working Orders:
	Buy		Sell
Type	Price		Price	Type
			1340.75	SF1

4.14.08 4.15 Settlement

Trade Date:
4/14/2008
	EST		Buy		Sell
Position	Time	Type	Price	Average	Price	Type	P/L
2	9:30	Close	1335.50
2	4:15	Close			1331.00	Close	-$450.00
						-3.33%	-$450.00

Summary:

Today's P/L is -$450.00; for a 3.33% loss.

We entered the day long 2.

There were no trades intra-day.

We conclude the day long 2

New Working Orders

Position:	2		1335..50	BA12
Working Orders:
	Buy		Sell
Type	Price		Price	Type
BE3	1325.25		1338.75	SF1

Good Morning

We enter the day long 2. Working Orders below:

Position:	2		1335.50	BA12
Working Orders:
	Buy		Sell
Type	Price		Price	Type
			1338.75	SF1

Thank You

I just wanted to thank Jay, from California. As most of you know, I am a trader and my blogging skills are amateur at best. It is Jay that is a pro-blogger and he has been assisting me in making this FB 2.0 Blog better every day.

During a conversation this weekend, Jay informed me that traffic in the blogosphere can increase quite rapidly and I must prepare for this inevitable event.

Subscribe...

For those of you that are regular visitors, please take a few seconds and subscribe (I have added a link on the left side bar... and it is free) so that you will be recognized as a regular visitor. Anyone that subscribes will always be invited to see and track the the FB 2.0 trade real-time in the future.

Donations...

Jay also suggested I have a donate button (also on the side bar). He originally did it to buy me a bottle of wine ($25.00) in celebration of our 10,000th visitor last Friday.

If this Blog has assisted you in your trading and you wish to show your gratitude... make a donation. It would be greatly appreciated.

All donations will go into improving this FB 2.0 Blog and those that contribute will always be part of The Saxon Institute's favorite guests.

===

Again, Thank you all for making this blogging experience so rewarding and please continue to stop by and watch as we grow together.

Barlow

j.barlow.smith@gmail.com

4.11.08 4.15 Settlement

Trade Date:
4/11/2008
	EST		Buy		Sell
Position	Time	Type	Price	Average	Price	Type	P/L
-1	9:30				1363.00	Close
0	9:40	BF1	1345.25				$887.50
1	12:25	BE1	1342.25
2	3:40	BE2	1332.25	1337.25
2	4:15				1335.50	Close	-$175.00
						5.28%	$712.50

Summary:

Today's P/L is $712.50; for a 5.28% gain.

We entered the day short (-1).

We bought 3 intra-day.

We concluded the day long 2.

BE2 Filled and Working Orders into Close

Filled	1332.25	BE2		June Emini
Position:	2		1337.250	BA12
Working Orders:
	Buy		Sell
Type	Price		Price	Type
			1337.75	SF1
			1344.75	SF2

Today's - Noontime Chat Session

What a lively chat session today; we had to cut it short or we would have been chatting for hours. However, we did get in a good hour and a half of chat.

It was a pleasure meeting and talking to:

Sam - Alabama
Patrick - New Jersey
Teddy - Wisconsin

It is really interesting to meet those that stop by the FB 2.0 Blog with regularity.

I started thinking about the demographics that this Blog attracts and it came to mind - There are no women! They must be hanging out at the Scrapbooking blogs.

Anyways, the chat has clearly been a success and we will do it again next Friday at Noon EST.

Hope to talk to you then.

Barlow

New Working Orders

Position:	1		1342.250
Working Orders:
	Buy		Sell
Type	Price		Price	Type
BE2	1332.25		1344.75	SF1

BE1 Filled

Filled	1342.25	BE1		June Emini
Position:	1		1342.250
Working Orders:
	Buy		Sell
Type	Price		Price	Type
BE2	1334.25		1354.75	SF1

New Working Orders

Working Orders:
	Buy		Sell
Type	Price		Price	Type
BE1	1342.25		1355.75	SE1

BF1 Filled

Filled	1345.25	BF1		June Emini
Position:	0		1363.000	close
Working Orders:
	Buy		Sell
Type	Price		Price	Type
BE1	1338.25		1358.75	SE1

Good Morning

We enter the day short (-1). Working orders below.

Position:	-1		1363.000	close
Working Orders:
	Buy		Sell
Type	Price		Price	Type
BF1	1345.25

Traffic - 10,000 Visits!

Sitemeter, works similar to a checking account; they do not start at zero. The first visitor was number 1001. So today, we actually had our 10,000th visitor when we reached 11,000.

I never thought we would have 10,000 visits in such a short time. Admittedly, this is truly amazing and surprising. This FB 2.0 Blog was originally for a few trader friends that wanted my buy and sell levels. It took off (the internet as it is) on its own.

Blogging became very interesting to me. I found I enjoyed it - helping other traders and teaching can be a very rewarding experience.

In the past two months I have met so many new friends and had the chance to have some great conversations with traders.

Travel along with me as I learn more about this Blogging World.

Barlow

====

Reminder:

I will be available for chat at 12:00 Noon EST Today.

4.10.08 4.15 Settlement

Trade Date:
4/10/2008
	EST		Buy		Sell
Position	Time	Type	Price	Average	Price	Type	P/L
0	9:30
-1	10:58				1362.75	SE1
-1	4:15	Close	1363.00				-$12.50
						-0.09%	-$12.50

Summary:

Today P/L is -$12.50; for a 0.09% loss.

We entered the day flat (0 position).

We sold one intra-day.

We conclude the day short (-1).

New Working Orders

Position:	-1
Working Orders:
	Buy		Sell
Type	Price		Price	Type
BF1	1355.25		1374.75	SE2

SE1 Filled

Filled	1362.75	SE1		June Emini
Position:	-1
Working Orders:
	Buy		Sell
Type	Price		Price	Type
BF1	1350.25		1370.75	SE2

New Working Orders

Position:	0
Working Orders:
	Buy		Sell
Type	Price		Price	Type
BE1	1349.25		1362.75	SE1

Just a Reminder

Last week on Friday I tested out the chat here. I talked with 3 people and enjoyed the conversations and meeting you.

Reminder:

I will be available for chat; tomorrow at 12:00 Noon EST

Hope you stop by and introduce yourself.

Barlow

j.barlow.smith@gmail.com

Good Morning

We enter the day flat (0 position). Working Orders will be posted shortly after the opening.

4.09.08 4.15 Settlement

Trade Date:
4/9/2008
	EST		Buy		Sell
Position	Time	Type	Price	Average	Price	Type	P/L
-1	9:30				1371.50	close
0	10:33	BF1	1361.25				$512.50
1	12:58	BE1	1354.25
0	4:12				1369.75	SF1	$275.00
						5.83%	$787.50

Today's P/L is $787.50; for a5.86% gain.

We entered the day short (-1).

We bought 2 and sold 1 intraday.

We conclude the day flat (no position).

SF1 Filled

Filled	1359.75	SF1		June Emini
Position:	0
Working Orders:
	Buy		Sell
Type	Price		Price	Type

Working Orders into 4:15 Close

If the SF1 is not filled, we will conclude the day long 1.

Position:	1		1354.250	BA1
Working Orders:
	Buy		Sell
Type	Price		Price	Type
			1359.75	SF1

BE1 Filled

Filled	1354.25	BE1		June Emini
Position:	1		1354.250	BA1
Working Orders:
	Buy		Sell
Type	Price		Price	Type
BE2	1347.25		1361.75	SF1

BF1 Filled

Filled	1361.25	BF1		June Emini
Position:	0		1371.500	close
Working Orders:
	Buy		Sell
Type	Price		Price	Type
BE1	1354.25		1373.75	SE2

Good Morning

We enter the day Short (-1). Working orders are below:

Position:	-1		1371.500	close
Working Orders:
	Buy		Sell
Type	Price		Price	Type
BF1	1361.25

4.8.08 4.15 Settlement

Trade Date:
4/8/2008
	EST		Buy		Sell
Position	Time	Type	Price	Average	Price	Type	P/L
-1	9:30				1372.25	close
-1	4:15	close	1371.50				$37.50
						0.28%	$37.50

Summary:

Today's P/L is $37.50; for a 0.28% gain.

We entered the day short (-1).

There were no trades intraday.

We conclude the day short (-1).

New Working Orders

Position:	-1		1372.250	close
Working Orders:
	Buy		Sell
Type	Price		Price	Type
1360.25	BF1		SE2	1373.75

Good Morning

We enter the day short (-1). Working Orders are below:

Position:	-1		1372.250	close
Working Orders:
	Buy		Sell
Type	Price		Price	Type
1358.25	BF1