Search results

12th Full day of trading. Sloppy trading quite frankly. Nothing to trade size in today. Some decent ideas and a certain pattern is showing itself every so often, which can be very powerful. More quality trades, fewer loosey goosey trades. Back at it tomorrow.

Eleventh full day of trading. I have been sub-par in the mornings with trading. The afternoons I fare much better. Been focused more on tape reading. It has been very helpful. It's been a bit exhausting doing this and full time job. No complaints though. 1/2 page of notes. In the early days...

Tenth full day of trading. Trading with more size continues to be a battle. It's really just mindset and risk. Oddly the stocks I traded were weak while the market was strong like ox. I believe I traded the most number of shares yet (in a day). My goal this week is about validating the...

Ninth full day of trading. Working on trading larger share size when I can. The opportunities were few today for size. Didn't have a great feeling about the market being super red last night to ripping green pre-mkt with the announcement. Made me cautious off the open. Took a break around 2pm...

Eighth full day and first full week of trading. Scramble in the morning due to technical issues at day job + zoom breakfast meeting. Again this morning not exactly stellar trading. Mentally I was slightly shaken about the news and worried about friends and family as well as potentially...

7th full day trading. Rough morning. Lot of false starts and choppy action. I just needed to stay in the game and pick my spots. Taking larger size has not been beneficial yet. Smaller size I could let work more, and that's what I need to become better at with more size. Found an alert...

I have no idea where the market will go.

6th full day trading. Felt more in tune today. Was able to trade sectors better. I have no idea where the market will go, I can only react and limit my risk. Didn't take much notes as was busy trading. Set up a watchlist today, which is immensely valuable to look at stocks I'm cycling...

Mindset is very important. In fact, I have a pending book to read: Mental Edge in Trading by Jason Williams. It's just stilling on my desk waiting to ooze out useful information. Thanks for the link. Will review.

Fifth full day complete. Emotionally tougher day. Was not with it for a bit - recognized it and had to straighten myself out. Very active day. A bit too active. Need to pick spots better and play defense with gains. Grinding it out, nevertheless.

Fourth full day complete. Trading larger position size and it needs to get bigger - responsibly. 4 pages of notes and ideas. Been working more on adding to winning positions. It's helping. Need to be in the right sectors. Energy and Gold it seems. I have to remove liquidity more often than...

I prefer to make my own decisions than follow an expert

Third full day complete. (Will I keep counting the days?) I was overly active and had a lot of whipsaw trades occur. 3 1/2 pages of notes and ideas. Found a simple scanner which has a lot of potential from what I saw in a couple hours of using it. Trading larger size, observing if I am...

Second full day complete. Much better day. Lot of notes and ideas during the day. Nearly three pages in my book. No external distractions allowed for focus and concentration. I need more buying power to work the trades. S&P down 9% today. I try not to predict what will happen, just work with...

I need more info on Covid 18 and 20

First full day complete. Successful? Not so much. Tuned into a live trading broadcast...had to stop. It was too exciting. I prefer calm peacefulness and concentrate on generating ideas. I was slightly better after that. Keystroke error created an unwelcome loss. I didn't try to flat out the...

Account fully setup by late afternoon. Bit of a surprise as I thought it would take til end of the week. Made a few small trades to 'get it out of the system'. The early mornings is when I'll have to do most of my prep work as I'm a reluctant socialite in the evenings. With the gaps, a lot of...

The big advantage of prop trading is the access to capital. Some places provide training. Others have the benefit of having other traders in the same office, which can be great for sharing ideas and observations.

Right, I'm working on it : - ) Things could get hairy for the next while or calm down again. I have no clue. I'm a day trader rather than a swinger (only on weekends) or investor. Volatility usually is a good thing. I like the portfolio approach even for day trading. So long as there is an...

Full day of observing the market and generating trading ideas. The majority of the ideas were in the oil sector. Some clean moves which are encouraging even though we are in unusual territory. I like being able to generate ideas that are my own, and watching them execute. Paper trading...