Recent content by EquitiesTrader

Actually, after everything was accounted for and after monthly fees, I started this month off with only about 5,700 in the account. Needless to say, this has meant that I have gotten much more conservative with my trading as I build the account back up. I am only trading about 200 shares max...

Had a technical glitch with my computer and trading platform that ended up being quite painfully financially. I took the last few weeks off to decide how I want to proceed. I have plenty of profits set aside from which I could reload my account. However, as my account grew, I was trading more...

One of the areas that I am seeing the most improvement in my trading recently, which really made a difference today is patience. Patience to wait for a stock to pull back before entering. Patience in terms of holding onto trades to capture bigger moves. The smaller positions sizing has really...

Agassi, I think I might have mentioned it in one of my previous posts, but I tend to watch somewhere around 10 stocks at a time. I try to make sure that each of my stocks has potential to make significant moves that day. Therefore, I trade stocks that have been moving well lately, stocks...

Had a very good day on executions and sticking to my plan on Monday, but was off yesterday. Had another very good day in terms of executions today. Made a great short in CTSH, but got squeezed for a loss, but reentered and made a nice trade. Also, got long and caught a nice long. TWX caught...

Today was a fantastic day in terms of executing on my plan. Trading smaller definitely allowed me to be less emotionally attached with each trade and take trades that made sense without overanalyzing them. I significantly reduced my trading size, but I put on more trades on more stocks and...

Realized looking through my thread that I have been focused too much on profits and not enough on the key factors for long-term success. As a result, I decided, I will reduce my size dramatically, and focus not on making a 1K or more a day, but on executing every trade I see in all of my...

I am extremely happy with my execution today. I got a great entry on UA early in the morning when it showed me some strength. I did a great job bidding into it with size with a clearly defined risk reward that enabled me to take on a lot of size. That put me up significantly for the day when...

I trade anything that I think will move significantly that day. The days that I traded YUM, UNH, and TWX, there were significant news catalysts and the charts also indicated a continuation move. I also trade the typical momentum stocks like a NFLX, TSLA, etc.

I stop trading once my daily stop loss is hit without exception. Today, being another example of that unfortunately. I had great execution, but I accidentally bought NFLX instead of selling it. I stopped looking at my P&L while trading, so didn't notice until much later. I was having a...

Had a negative day today where I kept revenge trading NFLX to the long side and then hit my daily loss limit before I could reverse to a short when it showed a nice area of resistance. I also had two nice longs that I let reverse on me and gave back significant profits and let them turn into...

Not the best job today in executing. I chased TWX a bit instead of waiting until it pulled back, which made my loss a little larger than it should have been when it reversed. In addition, I should have manually taken at least some of my position off when it wouldn't break to new highs. I also...

Was distracted a bit this morning by my toddler, so I was unhappy with the fact that I missed a few trades by hesitating, turning my head away from the screen at crucial moments, etc. Missed out on the long I was waiting for on the KORS breakout this morning. Missed the SNDK short that I saw...

Was able to squeeze in two small trades today, before my toddler started requiring my attention. Traded lighter size today as well. Caught a bit of the morning pop in TWX, and a bit of the pop in HCA. Good executions, although I took profit a bit soon. $800 net

Today was pretty much a flat trade. Couldn't do much with my toddler pulling at my leg today. I missed so many trades, and made quite a few poor trades because I was distracted, but caught a few ok trades to make it pretty much about a flat day. Lesson is that I may not be trading this next...