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Despite being positive, today was a very poor trading day in terms of execution. I let myself get stopped out of PETM several times despite knowing it was trading up, didn't reverse when it made a clear short-term high, and instead of making a significant profit in the morning, let myself get...

I am prop. What sucks about PETM today was that it was a lack of discipline that really created the losses. Chasing, not waiting for the pull back, etc. Then being past my loss limit, I was not able to get involved with other stuff that I had on my screen. The largest benefit to...

Today is exactly the type of trading that I am trying to avoid. I was not patient enough to wait for my setups. I knew that PETM was feeling like it was going to have a pull back. However, I pulled the trigger too soon and got a bad fill. Got squeezed for a big loss. Then missed the...

While, I usually do not like trading too much the first 30 minutes, because it can be an overly volatile casino. This morning happened to be a morning that gave me a few really nice setups that I fully capitalized on. I am still not feeling 100%, but am ok calling it early today simply because...

Looking at the stocks I was trading, I am kicking myself that I stopped trading and didn't just put in stops and let NFLX and GPRO trend, because they both broke out exactly the way I thought that they would. It would have been the difference between barely making a profit (~$250) to making...

Was up all night with a sick kid, who I think gave it to me, because I feel like crap today. I only traded a little this morning, but am calling it a day to be with my kid, rest up myself, and run some errands. Trading is such intense work, that I don't like risking my capital when I am not...

I use a combination of resources, including general sleuthing. Free resources can be anything from yahoo finance earning calendars, to Google News. MMarketwatch tends to be a good free news compiler. Most brokers have news data feeds that scroll, which can also give ideas. Looking at...

I try to trade stocks that I think will have significant moves that day. Therefore, I look for stocks that have a catalyst (news, etc.), or stocks that have been moving well, which increase the possibility of an oversized move. There is really nothing specific that i look for other than asking...

I try to keep my max loss limit around $1000. It should be rare occurrence that I hit it, but trading a volatile IPO stock with too much size almost got me there in a hurry. $1000 is my max loss, since that is a number that will hurt my week, but still enable me to make it back within 2...

Today started out very rough, and I almost hit my max loss limit for the day. However, I caught a nice move in GPRO in the afternoon that made my day. I got whipsawed a bit in GPRO in the morning. I also got squeezed for small losses on two other shorts that squeezed me when the market ripped...

I am starting this journal for myself to help track my trading, thought processes, and key areas on which I am working to better myself as a trader. Hopefully, some of you ET members may find this useful, as I welcome all interesting trading related feedback and discussions. As for a quick...

Up 90 on 2800 shares yesterday Missed the morning, and took a few smaller trades in the afternoon. Should have put on a few additional trades, but felt like the easy money had already been made. The stocks continued to move though. Need to get my head in the game and stay in the game the...

Was not feeling well. Flat on low volume.

Today was a very frustrating day. I put on a short too soon and got squeezed for a big loss. Then went long by bottom picking a stock i thought was ready for a turn around and did not react quick enough when the bottom fell out taking another big loss. Started out the day down 1200+. Then i...

Up 152 on 4400 shares. Dropped my size, since I have missed a few days and wanted to get comfortable. Overall, I missed several trades that I should have taken, but I did take enough trades in which I let my winners run that the probabilities worked in my favor leading to a net positive...

Have an appointment today, so no trades. Watched FOSL for a few minutes this morning before i had to leave. Wish i had just pulled the trigger under 84 when i first saw it start gaining strength. But, i had to leave and didn't want to risk it when i wouldn't have any other daily trades to...

Was out on Friday and not feeling well today so calling it a day early. Again, hesitated too long today and missed some good moves and easy money. However, I did not get as frustrated, and was able to continue to trade putting on a few good trades with smaller size. I did not hold a few...

Today, the stocks I was watching really did not have much trend, so there were only a few opportunities. Unfortunately, I hesitated every time instead of just reacting to what I was seeing, and by the time I was ready to pull the trigger, the stocks had already moved away from my target entry...

This journal is for my purposes to track my progression, mistakes, lessons learned, etc. It is primarily to help me reflect on my daily trading and track my own development. Hopefully, it will also help others who are also striving to learn and grow as a trader. If you do not see any value...

I have recently transitioned to trading full-time. The last several months have been spent getting my systems, hot keys, etc. set up the way I want and establishing a basic comfortable level since it has been over 7 years since I last traded full-time. I also have been adjusting to the...