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  1. E

    New Trader EC's Notebook

    +6 AMZN: 0.13*100=13 EBAY: 0.13*100=13 ------------------ $26 -$20 comission Didn't lose this week. I'm content. Have a good weekend.
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    New Trader EC's Notebook

    -12 0.17*100=17 -0.09*100=-9 ------ $8 -20 commssion no direction. I'm done today.
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    New Trader EC's Notebook

    -$3 2 trades TASR: 0.20*100=$20, it was a $2.00 smooth move in 5 minutes I exited with a 20 cents profit.... XLNX:-0.03*100=-$3 ------------------------------- +$17 -$20 commission I have to go cook.
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    New Trader EC's Notebook

    +$12 2 trades BRCM: 0.30*100=$30 NTAP: 0.02*100=$2 ----------------- $32 -$20 commission have to run some errands. Done my morning session or my day.
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    New Trader EC's Notebook

    -114 It's always easier said than actually done it. Today I'm so disappointed with my self. I made a string of mistakes. and turned winning trades to losing one. 5 trades. -0.03*150=-4.5 -0.15*150=-22.5 0.16*70=13 -0.10*80=-8 I was up 40+cents with this trade, but ended up...
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    New Trader EC's Notebook

    -$13 4 trades -0.11*150=-16.5 +0.03*150=4.5 +0.13*80=10.4 +0.34*70=23.8 -------- +$22 -$35 commission Didn't make big mistakes. A little fear. It's a negative number but I'm happy with my improved execution. I planned the trades and traded my plan.
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    New Trader EC's Notebook

    +$7 1 trade only Trading 150 shares. practiced scaled exit 16c *100=$16 12c * 50=$6 -$15 commission Watched the market since 8:30am. I'm glad I resisted the temptation to enter trades in the morning.
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    New Trader EC's Notebook

    1 trade today Bought BRCM at day's high and exited with 32 cents loss. -$56.75 The momentum seemed strong and NQ was having continuous up ticks. The market order filled me with 10 cents higher than the price i expected and I hesitated to set the stop loss as I planned. In no moment...
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    New Trader EC's Notebook

    Thanks But No Thanks! :p
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    New Trader EC's Notebook

    After 1 week's away today I'm back to trade. Trading with 150 shares today. 6 trades 2 winning trades. Tried take partial profit with half shares. 4 losing trades. Today I had 2 major mistakes. 1. During the last trade I repeated one of my old mistakes to lift the stop loss...
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    New Trader EC's Notebook

    Week 1: +104 Week 2: -148 Week 3: +14 Total since first trade (3 weeks): -30 Total number of trades: 31
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    New Trader EC's Notebook

    -$26 3 trades -0.19 -0.02 +0.25 --------- +0.04 $0.04*100-$30=-$26 Traded 1 hour today in the afternoon. During the trading made 3 phone calls to lawyer and builder. Should not trade today, need to concentrate. This is another lesson. before I can make profit consitently...
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    New Trader EC's Notebook

    +$39 1 trade +49cents *100 shares - $10 commission With yesterday's practice with paper trade, I gave more time for the price to run before moving the stop loss. It works well to catch the trend.
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    New Trader EC's Notebook

    Another problem I need to work out is that I have the tendency to think of the result of the day and don't want to take home a negative number. For example, If I had a small loss from the previous trade, like less than 10 dollars, the following trade I will go for some sub-standard set ups just...
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    New Trader EC's Notebook

    After talking with JC, here I adjust my money management plan. I loose my risk a little bit. Every day I can not lose more than $100(commission included), will stop trading for the day if 3 losing trades happen in a row. Every week I can not lose more than $200. will stop trading when...
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    New Trader EC's Notebook

    I lifted the trailing stop loss too early and didn't give enough room for a profitable trade to develope. In the last two weeks, I entered a few trades developed nicely after I got shaked out with the lifted stop loss which only covered the commision. Focus too much on "cut the loss early" and...
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    New Trader EC's Notebook

    I started go live 2 weeks ago. I'm learning the strategies from Harvey Walsh. I have a part time job. Most of days I can only trade the afternoon session during the last 2 week. I started with $5000 and have been trading 100 shares only. The first day started so well with the Fed...
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